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Ashwani Lohani returns to the post of Chairman and Managing Director of Air India about 19 months after he demitted office. The Appointments Committee of the Cabinet on Wednesday appointed Lohani, who recently retired as Chairman, Railway Board, as CMD of Air India for...

Cornelis Vrieswijk, the Chief Executive Officer of GoAir, has stepped down citing family commitments. Jeh Wadia, Managing Director of the airline will take over the role until a replacement is found. Vrieswijk expressed his desire to relocate to Amsterdam since his family did not...

How would your new platform help improve the first and last mile movement of containers to and from the ports? India trades 18 million twenty-foot equivalent units or TEUs annually. This means, a first mile delivery of six million TEUs at ports and three...

SpiceJet on Monday said it will start a daily non-stop flight between Hyderabad and Jeddah from March 25. This is the ninth foreign destination of the airline. SpiceJet will operate its new 189-seater Boeing 737 MAX aircraft on the route, the airline said in...

Road Transport Minister Nitin Gadkari said on Monday that the Central Government expects a 20 per cent decline in road accidents from the current five lakh a year. Parliament’s nod to pending legislation Motor Vehicles (Amendment) Bill will also help curb the accidents, said...

Cash-starved carrier Jet Airways said on Wednesday that some aircraft were grounded because of technical and temporary reasons, denying a news report that said the planes were not flying because of a default in lease-rent payment. The carrier, struggling to repay debt, is regularly...

Bangalore International Airport Limited (BIAL) – operator of Kempegowda International Airport, Bengaluru (KIAB) and InterGlobe Aviation Limited, which operates domestic carrier – IndiGo have entered into a 20-year agreement to sub-lease land atthe airport to build a Maintenance Repair and Overhaul (MRO) facility. The...

The infrastructure, both social and physical, was named as the first dimension of Vision 2030 presented by Finance Minister Piyush Goyal while announcing the interim Union Budget 2019 on Friday. While this year the budget speech missed big numbers being announced for the infrastructure...

Amidst the political heat over the Sabarimala issue, another tussle is brewing between the left and the right of the political spectrum with the Bharatiya Janata Party (BJP)-led National Democratic Alliance (NDA) government testing the disdain of the Communist Party of India (Marxist) towards...

Markets watchdog SEBI on Thursday said it has not received any reference on relaxation in rules regarding Jet Airways. The regulator’s statement comes amid reports that relaxations have been sought by Gulf carrier Etihad for infusing additional funds into crisis-hit Jet Airways, which is...