The bidding Air India employee consortium is up against history. Very rarely to date, any airline buyout by its employees has turned out to be successful. In this ambitious dream,…
Category: Aviation News
Category Aviation News carries posts on news related to aviation in India and other countries. It contains news on current aviation events. We try to avoid reporting tragic news. This category is especially for travellers who wish to seek info on cheap flight deals. Whenever you think of booking an air ticket, think of NC Airways. We welcome contributions from our visitors too.
Laxmi Prasad: the man trying to purchase Air India
Laxmi Prasad, the NRI investor is now a talk of corporate circles. With the headline-making air India privatization, he is in the headlines too. Investment lessons to learn from Laxmi…
Air India Privatisation Process Sees New Interested Buyers
Air India privatisation. The Government this year had announced to sell its 100 per cent shareholding in Air India along with Air India’s 100 per cent holding in Air India…
Air India Sale by Government May Eventually Find a Willful Buyer
As per reports being circulated in the media, Tata Sons may bid for Air India Sale by Government. Ironically, it was the Tata Group, which had founded the Air India…
Fliers Stop Flying, Airlines Losses Mount; Is Anyone Gaining?
While the fliers have not yet resumed flying, it is now being widely recognised that the global aviation industry is going through the toughest-ever phase in its 100-year old history.…
Many airlines try to boost domestic and international flights
Despite the aviation industry being hit by the outbreak of Covid-19 pandemic, many airlines are preparing to join other airlines in the intercontinental market by December 2020. They seem to…
EasyJet Establishes Severity Terms for Voluntary Redundancy
EasyJet pilots have been offered alternative contracts. The airline also warns of upcoming cuts. In Q3 of last year, budget carrier EasyJet served 26.4m fliers and earned £1.76bn as revenue.…
Lockdowns Ease, Airlines Takeoff, But a Long Way to Go
The corona induced measures for lockdowns are now slowly being eased by the governments. Earlier, the coronavirus had forced the world economy to a standstill, the aviation sector saw a…
Airport Takeovers Witness Crash Landings and Grim Prospects
In December 2018, in one of the world’s top airport takeovers, the French giant Vinci had bought a 50.01% stake in UK’s second-busiest airport, Gatwick. In 2009, Global Infrastructure Partners…
Will Lessors Repossess Jet Airways’ Planes?
Also Read: 28 Jet Airways planes Grounded so far The talks between India’s Jet Airways Ltd and aircraft lessors prompted some lessors to explore the option of taking back Jet’s aircraft.…