Cuckoo Paul

Cuckoo
Paul
Articles
InterGlobe, CAE inaugurate India’s largest pilot training facility 
InterGlobe Enterprises and CAE have set up a new pilot training facility—CAE Simulation Training Private Ltd.—at Noida near Delhi.
Etihad Airways Airbus A340-500
Etihad concludes Jet Airways deal 
Abu Dhabi-based Etihad Airways has closed the transaction for picking up 24% equity in India’s Jet Airways.
Jet Airways Boeing 737-800
India’s anti-trust regulator gives final approval to Jet-Etihad deal 
The Competition Commission of India (CCI) on Tuesday cleared the final regulatory hurdle for Abu Dhabi-based Etihad Airways to buy a 24% stake in Jet Airways.
SpiceJet Boeing 737-800
SpiceJet reports highest ever 2Q loss 
Indian low-cost carrier (LCC) SpiceJet has reported a net loss of Rs5.59 billion ($90 million) for the second quarter ended Sept. 30, widened from a loss of Rs1.6 billion for the year-ago period.
Boeing, Air India work on 787 incidents  4
The Air India Boeing 787, which developed windshield cracks while landing at Melbourne on Monday, will to return Delhi Tuesday night after being repaired, airline officials said.
Air India to increase capacity with leased A320s 
India’s flag carrier Air India is planning to beef up domestic capacity by leasing more Airbus A320s with sharklets and CFM56 engines.
Jet Airways A330-300
Jet Airways reports 3Q loss of $145 million 
Jet Airways has reported a net loss of Rs8.91 billion ($145 million) for the quarter ended Sept. 30, widened from a net loss of Rs997 million in the year-ago period.
Air India to increase borrowing  1
Air India is looking for alternate funding, as a cash-strapped government of India has been unable to provide promised equity for the past six months.
Air India Boeing 787-8
Indian minister criticized for remark on privatizing Air India  4
Opposition parties and trade unions have criticized India’s minister for civil aviation Ajit Singh for saying the government could consider privatizing Air India.
AirAsia India gets government nod 
India’s Ministry of Civil Aviation has granted a no objection certificate (NOC) to AirAsia India, moving it a step closer to launch.
IndiGo Airbus A320
India’s IndiGo reports sixfold profit increase in FY13 
IndiGo Airlines, India’s largest carrier by market share, has reported a profit of Rs 787 crore ($125 million), a sixfold profit increase for 2012-13, while capacity grew 39%.
Kingfisher promoter says airline could re-start 
Vijay Mallya, the promoter of bankrupt Indian carrier Kingfisher Airlines says he is negotiating with a foreign investor to restart the airline.
Etihad looking for more equity-alliances 
Etihad Airways, is looking at more investments in other airlines, as it continues to increase its network through organic growth and strategic partnerships. The airline is currently engaged in three major transactions – the acquisition of 24 % of India’s Jet Airways, a 49% stake and management contract in Air Serbia, and increasing equity in Virgin Australia from 10% to a target of 19.9%.
Tata group, Singapore Airlines to launch new Indian airline 
The Tata group, India’s biggest business conglomerate, is partnering with Singapore Airlines, to launch a new full-service carrier based in New Delhi.
Indian air traffic grows by more than 20% in August 
Domestic Indian air traffic grew by more than 20% in August, buoyed by cheaper air fares.

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