India’s carriers seem to have junked traditional fare economics, selling advance bookings at fares dearer than last year but reducing prices as the window narrows, said industry experts and airline executives.
Airlines are junking traditional economics, selling last-minutes tickets cheaper than advanced bookings.
Jet is being separately investigated by the govt on allegations of funds diversion.
Nitin Gadkari just said it is unfair to dub the businessman a fraud for committing a rare default.
The city being the financial capital, has been inundated with flight movements, having long its saturation point due to sharp traffic management by Air Traffic Controllers (ATC).
As much as 75% of October salaries will be cleared in December with a part being paid on Thursday, the airline informed its staff.
Dutta was with United Airlines for 17 years and was its president between 1999 and 2002. He was once a colleague of IndiGo co-founder Rakesh Gangwal.
Jet is wooing its Abu Dhabi-based partner, which owns 24% stake in it, to buy more stake and give it soft loans.
Jet will enhance frequencies between Delhi – Bangkok, Mumbai – Doha, Delhi – Doha, Delhi – Singapore, Mumbai – Singapore, Mumbai – Dubai and Delhi-Kathmandu during the winter schedule, it said.
The logistics industry is seen to be on the threshold of unprecedented development with government initiatives such as GST and the eWay bill
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