ICICI Bank CEO Chanda Kochhar and Microsoft CEO Satya Nadella have found a place in Time magazine’s ‘The 100 Most Influential People’ in the world. Image: Chanda Kochchar among most influential people. Photograph: Ruben Sprich/Reuters Praising the leadership qualities of Kochhar, her friend and Deutsche Bank co-CEO Anshu Jain has said he is yet to find anything she can’t do. Chanda Kochhar, who has been at the helm of ICICI Bank since 2009, is among the ... Rediff.com, 1 week ago
Compared with Vistara, the performance of AirAsia, another new player in Indian skies that launched operations in June, was much better. Vistara, the full-service joint venture between Tata Sons and Singapore Airlines that launched its service on January 9, flew with more than half its seats vacant in the first month, show Directorate General of Civil Aviation data. Also, after years, the market share of domestic airline SpiceJet in January slipped into a single digit, 9.4 per cent, thanks to ...Rediff.com, 2 months ago
Business Wire IndiaExpedia, Inc. (NASDAQ: EXPE) announced today that it has entered into an agreement with AirAsia Berhad to purchase an additional 25% equity interest of AAE Travel Pte. Ltd., the joint venture formed between the two companies in 2011, for ...Andhra News, 2 months ago
JAKARTA: Indonesian investigators announced today the co-pilot of the crashed AirAsia jet was in controls when he struggled to recover the aircraft as stall warnings sounded. The Airbus A320-200 crashed into the Java Sea on December 28, halfway from ...Himalayan times, 2 months ago
The carriers are scoffing at making the life of their competitors 'easier' by purchasing Domestic Flying Credits from them. The civil aviation ministry’s proposal to allow trading in domestic flying credits to help new airlines fly abroad has not found takers among those with large fleets. Current rules require airlines to have flown in India for five years and have 20 planes in their fleet before they are allowed to fly abroad. According to the proposed changes, airlines will ...Rediff.com, 1 month ago
The Centre has made its proposed credit-based system for allowing new airlines to fly abroad more stringent. In January, the Union civil aviation ministry had proposed a ‘domestic flying credits’ system replace the current ‘5/20’ rule to help new airlines such as Vistara and AirAsia India start international operations. On Wednesday, the ministry proposed new airlines keen to fly abroad gain a minimum 300 DFCs before they start flights on long-haul routes (more than six ...Rediff.com, 1 month ago
IndiGo revamps website, Jet ties up with Twitter India's largest airline by market share, IndiGo, has revamped its website and number two airline Jet Airways has tied up with Twitter to provide fares and flight status through the microblogging site as they face competition from new airline including AirAsia and Vistara. On Tuesday IndiGo launched its revamped website with new functions and features, to make the customer interaction smoother and hassle-free. The changes in website design ...Rediff.com, 1 month ago
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