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Old January 20th, 2013, 05:31 PM   #681
hakz2007
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INDIAN CIVIL AVIATION MINISTRY 'SEEKS' RS 3,500 CRORE
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NEW DELHI, India Jan 20 (NNN-PTI) -- With an urgent need to strengthen Air India, the national carrier and develop aviation infrastructure across the country, the Civil Aviation Ministry is understood to have sought an allocation of Rs 3,500 crore
in the upcoming budget. (One Crore: ten million)

This would be in addition to Rs 5,000 crore due from the current year, comprising Rs 4,600 as equity infusion and Rs 400 crore as the interest to be paid on bonds worth Rs 7,400 crore issued this year to banks and financial institutions that have lent money to the national carrier, official sources said.
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Old August 10th, 2013, 06:28 PM   #682
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Malaysia's AirAsia plans 'zero fares' to take on competition, gain foothold in India



Mittu Chandilya, chief executive, AirAsia India

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AirAsia plans 'zero fares' to take on competition, gain foothold in India

http://businesstoday.intoday.in/stor.../1/197491.html
Maverick business tycoon Tony Fernandes-led AirAsia plans to make a splash in the Indian market as it launches this October offering schemes like 'zero fares' and other promotional fares to gain foothold in the country, which is likely to set off a fare war.

The airline, which plans to begin its stint in India with three aircraft, followed by ten in the next year, will target tier 2 and 3 cities in south India to begin with, Mittu Chandilya, chief executive, AirAsia India, said in an exclusive interview.

Malaysia's AirAsia, which planned the Indian foray after the government opened up the aviation sector to foreign direct investment in September 2012, holds 49 per cent in AirAsia India while the Tata Group owns 30 per cent. Arun Bhatia, the owner of investment firm Telestra Tradeplace, owns the remaining 21 per cent.

Chandilya said that AirAsia will not operate to New Delhi and Mumbai airports due to the high airport development charges. "Moreover, air congestion at the Mumbai airport is extremely high making landing time-consuming." he said.
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Old December 28th, 2013, 01:11 AM   #683
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just know kingfisher airlines will close operation soon...is it true ? hope not be like ansett australia..
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Old December 28th, 2013, 01:26 AM   #684
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just know kingfisher airlines will close operation soon...is it true ? hope not be like ansett australia..
It ceased operations long back, almost all of their aircraft have been returned back to companies that they leased from.
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Old December 28th, 2013, 08:04 PM   #685
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Kingfisher Airlines was a joke. The guy running it had no experience in aviation.
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Old December 28th, 2013, 11:32 PM   #686
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Kingfisher Airlines was a joke. The guy running it had no experience in aviation.
Lets not belittle what was an awesome customer centric airline. Flown it many time and the experience was outstanding...too bad it didn't make business sense
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Old December 29th, 2013, 09:42 AM   #687
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And how could they be so customer centric? By not paying their taxes? By not paying the employees? By stripping their leased planes for parts making them virtually worthless for their owners?

Being a joke means that you are pretending to be something that you are not. From the outside the airline looked like it was heaven on earth, but from the inside it was completely rotten.

Kingfisher Airlines was a joke.
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Old December 29th, 2013, 07:19 PM   #688
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As mentioned it didn't make business sense, hence the points you made...however a a customer I completely and thoroughly enjoyed flying with them....those memories shall always remain...sigh!
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Old January 1st, 2014, 10:36 PM   #689
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Quote:
Originally Posted by Paddington View Post
Kingfisher Airlines was a joke. The guy running it had no experience in aviation.
IMO, it was still a great airline with excellent top notch service and leading example for the airlines of the subcontinent but sadly, it came to an end.
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