In what could be termed as a big setback to Air India’s international plans, at least 8 Senior Boeing Dreamliner pilots have either left or are serving their notice period. Given that the airline is pushing ahead with managing its international operation on the back of the 27 Boeing 787s it has on order, losing…
India based airlines can rarely be classified as truly low-cost carriers (LCC) and this is due to a mixture of the following facts: Government policy which does not allow spilt up pricing of each part such as baggage and other add-ons similar to what the Ryanair’s and Air Asia’s of the world do. Lack of…
As per Kingfisher’s annual report for the year ended March 31, 2011, the airline is in dire need of funds to keep going. Saddled with huge debt and mounting losses, the airline has been finding it tough to raise money in the current market conditions. The airline had planned to raise $250-$350 million through an issue…