2013 February

Etihad Airways has concluded a transaction with Jet Airways to purchase the Indian carrier’s three slots at Heathrow airport in London for USD 70 million. The purchase is part of a sale and lease back agreement signed yesterday. Jet Airways will continue to operate flights to London utilising these slots. The deal keeps the scope

At least 19 people, most of them Asian and European tourists, died on Tuesday when a hot air balloon caught fire and crashed near the ancient Egyptian town of Luxor after a mid-air gas explosion, officials said. The balloon came down in farmland a few kilometers (miles) from the Valley of the Kings and pharaonic

Government on Monday announced withdrawal of all domestic and international flying slots of the grounded carrier with immediate effect and decided to allot them to other Indian airlines. These traffic rights have been withdrawn from Kingfisher Airlines on account of non-utilisation by the airline. It used to have as many as 126 flying slots for

SpiceJet is fast expanding its wings in the international skies by connecting Sharjah with Varanasi and Lucknow through direct flight services. The flight services for Sharjah from Varanasi and Lucknow will commence from March 07, 2013 and March 11, 2013 respectively. SpiceJet now spreads its network to 8 international and 45 domestic destinations. SpiceJet flies

Malaysia’s leading no frills carrier AirAsia has sought the approval of the Indian Government to join hands with the Tata Group to enter the aviation sector in the country that may give the Tata Group to make a comeback in the airline business after their earlier aborted effort in association with Singapore Airlines. This would

Outbound Tour Operators Association of India (OTOAI) has decided to organise its first Convention this year. The Convention is likely to be held during end of September or beginning of October. OTOAI has shortlisted three foreign countries to organise the Convention, although many countries have come forward to host the event. This information was provided