Page 4 - Aneesh Phadnis

Indus Towers Q4 net profit dips 23% to Rs 1,399 cr on drop in revenue

Net profit for the quarter stood at Rs 1399 crore compared to Rs 1829 crore in the same period last year

Regional airline Fly91 receives govt approval, targets Oct launch

Goa-based carrier is promoted by former executives of Fairfax and Kingfisher

After a two-year hiatus, domestic air cargo business seeing an uptick

As airlines expand capacity and seek global partnerships

Akasa Air says no significant impact of delay in Boeing 737 delivery

Akasa Air began operations last August and has 19 737 Max planes in its fleet

Changes in contract within boundaries of law: Air India management

Airline is framing policies for all employees which wasn't the case earlier and that requires superseding of previous policies, said airline's chief human resources officer Suresh Dutt Tripathi

Free 5G services: Trai officials indicate that Vi charges may not hold

Vi recently approached Trai with a complaint that Reliance Jio and Bharti Airtel, which it called SMP, are indulging in predatory pricing with their respective unlimited 5G offers

User additions help Reliance Jio report 16% rise in Q4 net profit

5G coverage over 2,300 cities helped the firm clock an increase in ARPU

Airports Authority of India plans Rs 4,000-cr capital expenditure in FY24

Building 2 greenfield airports, upgrading 23 existing ones

Vodafone Idea reappoints Kumar Mangalam Birla non-executive director

Birla had stepped down from the post of non-executive chairman of the company in August 2021

Kalrock-Jalan consortium opposes sale of three Jet Airways planes

European cargo airline Ace Aviation has emerged as the successful bidder for the planes

India, EU to team up for drone regulation and air traffic monitoring

Final agreement between two sides will enable exchange of data on flight plans

Airports seek easier rules to boost travel, trade between India, Europe

They call for creating a system that will recognise each others' security systems

Air India pilot unions oppose salary proposal, call it anti-labour

'Concerted effort to gut unions and isolate pilots,' they allege in letter

Tatas, Singapore Airlines seek CCI nod for Vistara-Air India merger

Deal will not change competitive landscape, say parties

Air India revamps pay structure of pilots, crew; announces reward, bonus

The new structure also includes revised pay scales across all levels and will come into effect from April 1, 2023

Nusli Wadia-owned Go First to receive Rs 600 crore more by April end

This is in addition to Rs 3,000 crore already invested by promoters in the past 20 months

Air India mulls inducting freighters to scale up its cargo business

Air India does not currently have any freighters, unlike IndiGo and SpiceJet; all the cargo it transports is carried in the belly space of its passenger planes

IndiGo flies higher even as SpiceJet sputters into a loss in Q4: Brokerages

Traffic in the sector has crossed pre-Covid levels and has sustained in the fourth quarter, which is traditionally a weak season for travel

Indian Oil may offer domestic airlines a stake in its green fuel plant

IOC has tied up with tech provider LanzaJet to produce SAF at its Panipat refinery and is seeking investments from airlines with a view to securing offtake commitments

Alliance Air pilots on strike for second day, 70% served notices

Alliance Air flash strike continues on second day