GoAir ordered the planes - Airbus A320 Neos (New Engine Options) - in 2011. The delivery of the first plane will be between January and March 2016 while the last one is slated to come in December 2020, said Wadia.
"I would only go international if I have certainty that I can recover the variable costs, because, if I can, I will reduce my cost, thereby increasing my margin."
The new rule increases documentation for taking children along and may prove to be a dampener for travellers from India.
The initiative is part of Airbus’ biz accelerator programme called BizLabs, under which the company will select ideas from across the world.
The price of non-subsidised LPG was hiked to Rs 626.50 per 14.2-kg cylinder in Delhi from Rs 616 till yesterday.
Prock-Shauer, an Austrian national, was till recently a part of the management board of German airline 'airberlin', a position that he left in February.
Airbus expects one or more of its Indian customers to convert orders for the 180-seater A320 planes into the bigger 200 plus-seater A321s, its vice-president strategy and marketing Kiran Rao, said
Alibaba has tied up with Gurgaon-based Allcargo Logistics' overseas subsidiary ECU Line to ship less-than-container load or LCL consignments to India.
Promoters of AirAsia India have pumped in close to Rs 100 crore equity into the company and increased its authorised share capital by more than three times in the past few months.
Allcargo Logistics Friday said its consolidated quarterly net profit rose more than four times on strong demand for its business.
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