Page 14 - Arindam Majumder

Maruti, Hyundai to ramp up production in Dec as festive demand sustains

Carmakers concentrated on reducing inventory while factory production was lesser this month due to holidays, and November auto sales fell below estimates as a result

IndiGo scraps leave without pay for staff, says 70% pre-Covid level reached

On Wednesday, airline said it is operating 1,000 daily international and domestic flights

Govt plans air freight stations to transport coronavirus vaccines

Air freight stations near manufacturing sites will enable direct movement of vaccines to the aircraft

Year-end holiday season flight bookings show change in travel mood

Passengers over 40 years were just 10 per cent of the total travelling public post lockdown, the survey noted

Airspace stimulus to save over Rs 1,000-crore in jet fuel costs in FY21

Aviation turbine fuel accounts for 35-40 per cent of the total operating cost of an Indian airline

Aviation recovery to be delayed as govt extends 60% cap on flight capacity

Move runs contra to aviation minister's earlier statement on likelihood of raising ceiling to 75% of pre-Covid scheduled domestic flights

Former Mumbai Airport executive Sanjiv Taneja to be new SpiceJet CFO

Joins the airline at a time when the company has been hit hard by ongoing coronavirus pandemic which has by now grounded several carriers across the world

Auto firms buoyed by festive sales, unsure of sustained demand after Diwali

Dealerships have asked manufacturers to be cautious, warning that over-stocking will hit their margins in case sales soften

IndiGo sees demand inching up, reduces leave without pay for pilots

Airbus A320 and A321 pilots will have leave without pay of three days per month and for captains of regional aircraft fleet ATR-72 there will be no more LWP

Pent-up demand, rural growth bring Maruti Suzuki back in recovery lane

The company remains cautious on full-fledged recovery, given concerns over a second wave of Covid-19

Air India bidding to be on enterprise value, deadline extended till Dec 14

Minister says says bidding will be completed by end of December, will attract parties who till now had constructed the debt amount as a minimum threshold bid amount.

Harley finds a ride: Hero Motocorp to help build, sell bikes in India

Under the agreement Hero Motocorp will produce and handle distribution and after-sales for Harley products

Jet Airways will have to reapply for slots, have 20 planes for global ops

When it shut operations, Jet Airways had close to 700 such slots pair including 116 and 214 in prime airports of Delhi and Mumbai

Airlines sceptical about recovery in winter, play safe on number of flights

None, save IndiGo & Vistara, are confident enough deploy even 50 per cent capacity for winter schedule, reducing chance of a faster recovery

Faced with declining sales, auto firms see room for growth via rent-a-car

But final cost of leasing may outrun cost of ownership

IndiGo bans nine journalists for 15 days over 'unruly behaviour'

Last year, comedian Kunal Kamra was banned for three months by IndiGo for heckling journalist Arnab Goswami on board

Air India sale on uncertain path, bidding likely to be deferred again

New global-standard bid conditions may still not yield optimum results for the government

Divestment strategy: Govt to avoid ETF, OFS to protect stock value

ETFs have been a favoured strategy for the government, with around 80 per cent of last fiscal year's sale proceeds coming from such transactions.

3.9 million flyers in September, 66% lower than last year, says DGCA

India's largest airline, IndiGo's market share came down to 57.5 per cent from an all-time high of 60.4 per cent in July

SpiceJet ferries 176 Indian students to Georgia on charter flight

The airline will operate another charter flight to Georgia from Kochi tomorrow for 174 Indian students