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Jet Airways in free fall as Etihad pulls out of rescue deal

Jet Airways has been staring at an abyss with more flights getting cancelled every day as lessors ground aircraft over the payment defaults.

Mar 21, 2019

Captain CP Krishnan Nair, Leela Group founder

Leela Group's Captain Krishnan Nair – Visionary with a keen sense of destiny

Captain Krishnan Nair was a self-made man who built some of India's finest hospitality properties and single-handedly established the vast business empire of Leela Group in the name of his wife.

Mar 19, 2019

Leela Group serves up hotel assets to Brookfield in Rs 3,950 crore deal

The agreement with the Canadian investment firm covers four hotels and stake in Mumbai's The Leela Hotel apartment from joint development of other properties.

Mar 19, 2019

How much will it cost Boeing to compensate for all grounded B737 MAX planes?

The monthly cost of substituting a grounded B737 MAX plane is estimated at $250,000 and all the nearly 350 delivered MAX planes are now grounded

Mar 17, 2019

Jet stares at another loan default as lenders seek more funds from Goyal, Etihad

Etihad board undecided on accepting conditions of SBI-led consortium's debt resolution plan that Jet shareholders have approved.

Mar 15, 2019

Boeing 737 MAX fiasco: DGCA to monitor predatory pricing of spot tickets

Spot fares have skyrocketed on prime routes forcing aviation authorities to step in even as worst-hit SpiceJet plans to seek compensation from aircraft maker Boeing

Mar 14, 2019

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Boeing 737 MAX trouble hits airline shares; traders brace for more turbulence

Shares of SpiceJet and Jet Airways nosedive defying the bulls at play while IndiGo soar on prospects of higher price realisation in the spot market.

Mar 13, 2019

Could a software upgrade have prevented Ethiopia Airlines crash and saved 157 lives?

Boeing started working on software changes due for release in April after the Indonesian Lion Air crash probe indicated anomalies in the onboard system's reading of the angle of climb, reports say.

Mar 12, 2019

Youngest airline 'CEO' reaches out to Qantas CEO for tips: Here's what happened next

Qantas CEO turned mentor for this 10-year-old Australian kid, who'd also be meeting Alan Joyce in a Project Sunrise meeting.

Mar 12, 2019

Rescue and recovery personnel use an earth mover to recover debris from the area where Ethiopian Airlines Flight 302 crashed in a wheat field just outside the town of Bishoftu, 62 kilometers southeast of Addis Ababa on March 10, 2019 in Addis Ababa, Ethio

DGCA orders additional safety checks on Boeing 737 MAX 8 aircraft

Ethiopian Airline's plane crash within five months of Indonesian Lion Air accident forces Indian aviation authorities to increase scrutiny of all Boeing 737 MAX 8 planes while more airlines around the world ground them.

Mar 12, 2019

GoAir grounds 14 Airbus A320neo aircraft amid worries of operational efficiency

Passengers bear the brunt of cancellations as fares soar sky-high and pressure on remaining fleet raises performance concerns.

Mar 6, 2019

Two GoAir crew members hurt by turbulence; passengers safe

The Airbus A320 aircraft suffered no damage and was declared airworthy after thorough examination at Kolkata airport.

Feb 27, 2019

Directions to Baga Beach? Google Maps misguides tourists, locals go old-school

After Google Maps failed to help tourists get to Baga Beach, locals found a unique way to help that has everyone in splits.

Feb 18, 2019

Hampi is 2nd most coveted global destination in 2019: Check NYT list

Hampi has become more accessible now, with TruJet beginning daily trips from Hyderabad and Bengaluru to Ballari, which is just 40 km away.

Jan 11, 2019

India is the most vacation-deprived country in the world, reveals study

The research study reveals 41 percent of Indians have not taken a vacation in the past six months due to work. Indian workers are also not keen on making use of all vacation days, the study adds.

Nov 24, 2018

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