Page 38 - Aneesh Phadnis/workspace/business Standard Web/video

Vinay Dube quits GoAir in an instant, Kaushik Khona replaces him as CEO

This will Khona's second stint as CEO of GoAir; under his watch between 2009-2011 the airline had seen an improvement in load factors and revenue

IndiGo seeks shareholder nod for payment of salary to CEO Ronojoy Dutta

Approval from shareholders has been sought by way of a special resolution which will be put to vote at the company's annual general meeting on September 4

Delhi, Mumbai airports to partner firms for on-arrival Covid-19 testing

Also talking to airlines to see if test costs can be included in ticket price

Domestic air traffic rises 6% in July as aviation sector tries to take off

Airlines flew 2.1 mn passengers in July, against 1.9 mn in June

Retired DGCA official had warned Air India management of accident risk

A K Chopra, who served as joint director general in the DGCA was appointed as safety adviser to the Air India chairman in November 2018

Covid-19 impact: InterGlobe Aviation to raise Rs 4,000 cr through QIP

The airline posted a pre tax loss of Rs 2842.6 crore in Q1FY21 against a pre tax profit of Rs 1509.4 crore in the same quarter of the last year

Air India Express plane, which overshot runway, was insured for $50 mn

Air India's fleet is insured for around $10 billion and the airline has a liability cover of $750 million

Plane crash: Air India Express Boeing 737 aircraft was insured for $50 mn

While the Air India Express is expected to get full insured amount for the hull loss, it would have to pay compensation to kin of deceased and injured passengers as per applicable laws

Vodafone Idea may go for fund raising after AGR verdict, plans tariff hike

Discarding 2G is wrong, says CEO; company highlights five-point strategy to increase revenue and profit

Voda Idea's loss jumps 4 times to Rs 25,460 cr in Q1; revenue falls 5.4%

The result indicated the impact of the Covid-19 pandemic and the lockdown, but its overall performance was weighed down by financial stress

Bharti Airtel inks multi-year strategic pact with Amazon for AWS solutions

Puneet Chandok, president, commercial business, India and South Asia, Amazon Internet Services, said it is a 50:50 strategic partnership

Rains hit three ship-to-shore cranes at JNPT, no major damage likely

Since there was no vessel at the berth, the cranes were not in operation and hence no operational hindrance has occurred at the port

SpiceJet auditor unsure of airline's ability to continue as going concern

SpiceJet posted a pre tax loss of Rs 807 crore in Q4FY20 due to an increase in finance charges, depreciation and foreign exchange loss as against Rs 56.3 crore profit in same period last year

Vistara to operate flights to London, Paris, Frankfurt starting mid-August

Now, the airline is looking to operate scheduled flights to Europe with the proposed induction of its second Boeing 787-9 aircraft next month

India Ratings downgrades GoAir's debt, highlights liquidity concerns

Agency expects sharp decline in GoAir's revenue and operating margin in FY21; Airline's net loss estimated at Rs 1,346 cr in FY20 as against Rs 123 cr profit in FY19

Debt-laden Jet Airways receives resolution plan from two bidders

Jet, which has been under insolvency since June last year, had received 12 expression of interests in the fourth round, after the first three rounds failed to garner any financial bids

Air travel bubble takes flight even as demand tapers due to entry curbs

Air France and United have already commenced bookings for travel from Paris and Newark to India, while Lufthansa is yet to open inbound sales

Covid-19 crisis: IndiGo looks to raise Rs 3,000 cr, secure long-term future

Airline wants to secure long-term future during pandemic

Data surge, 4G transition lift telecom firms out of Covid-19 blues

The last of the five-part series looks at the sector that was relatively unaffected by the Covid-induced lockdown

Buy calls increase for RIL shares on the back of big-ticket announcements

Ambani said the Aramco deal had not progressed according to the timeline because of unforeseen circumstances and Covid-19