NEW DELHI: After posting sharp rises in 2019, prices in the global travel industry are likely to slow in 2020, with flights rising a modest 1.2%, hotels rising only 1.3%, and rental car rates up 1% (in USD terms), according to the sixth annual Global Travel Forecast, published today by CWT and GBTA. While the […]
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NEW DELHI: Boeing Chairman, President and Chief Executive Officer Dennis Muilenburg will speak at the Jefferies Global Industrials Conference in New York City on August 7.
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NEW DELHI: The Air France–KLM Group has signed a Memorandum of Understanding (MoU) for 60 A220-300 aircraft to modernise its fleet. By acquiring the industry’s most efficient and technologically advanced single-aisle aircraft, the airline will benefit from a significant reduction in fuel burn and CO2 emissions. These A220s are intended to be operated by Air […]
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NEW DELHI: Air India Express on Tuesday reported a 35 per cent slump in net profit at Rs 169 crore in the year ended March 2019, mainly on account of higher costs, even as it remained profitable for the fourth straight year. In 2017-18, the carrier had posted a net profit of Rs 262 crore. […]
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NEW DELHI: IndiGo is set to launch daily direct flights between Kolkata and Hanoi from October 3, making the Vietnam capital the fifth Southeast Asian destination in the airline’s network, the low-cost carrier announced on Tuesday. The flight to Hanoi (6E 1398) will take off from Kolkata at 12.40 pm and the return flight (6E […]
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A Pakistani military aircraft on a training flight crashed in a built-up area in the garrison city of Rawalpindi early on Tuesday, killing all five crew members and 12 civilians, an army statement said. Another 12 civilians were injured in the crash, which set off a fire. Rawalpindi is close to the capital, Islamabad, and […]
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NEW DELHI: Ireland’s national carrier Aer Lingus has taken delivery of its first of eight A321LR aircraft, becoming the first airline in International Airlines Group (IAG) to operate the type. The aircraft on lease from Air Lease Corporation is powered by Leap CFM engines and configured in a two class layout with 16 business and […]
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NEW DELHI: An Airbus A220-300 flight test aircraft will visit six Asian destinations as part of a demonstration tour across the region. After a stopover at Seoul’s Incheon Airport the aircraft heads to Yangon (Myanmar), the first location of the demonstration tour. The aircraft will then visit Hanoi (Vietnam), Bangkok (Thailand) and Kuala Lumpur (Malaysia) […]
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NEW DELHI: US aerospace major Boeing on Saturday handed over the first four of the 22 Apache attack helicopters to the Indian Air Force (IAF) while another batch of four choppers will be delivered next week. The delivery of the first batch of the AH-64E Apache helicopters to the IAF at the Hindan air base […]
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NEW DELHI:Ratul Puri, the nephew of Madhya Pradesh Chief Minister Kamal Nath, is reported to have given the slip to ED investigators when he was summoned for questioning in connection with the VVIP choppers money laundering case here, officials said on Saturday. They said businessman Puri was to be confronted with some evidence during questioning […]
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