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Several Indian airlines have been in talks with foreign carriers after the government last year opened up the aviation sector further to allow non-Indian airlines to invest in their counterparts in the country.
Soon after the Indian government announced its policy to allow foreign carriers to acquire up to 49 per cent stake in Indian airlines, Singapore International Airlines (SIA) has voiced its keenness to invest in the local aviation market of India.
Al Mualla said that while profitability of a carrier is a parameter for investing, it can be overlooked if Indian airlines holds enough promise that it can be turned around.
New York (AirGuide - Global Airline & Travel News Alert) May 17, 2012 Indian airlines Chinese, Indian airlines fail to comply with ETS says EU.
New York (AirGuideBusiness - Global Aircraft News Alert) May 17, 2012 Indian airlines Chinese, Indian airlines fail to comply with ETS says EU.
The striking pilots are demanding a pay hike and pointing to the differences in salaries and working conditions of pilots of Indian Airlines and Air India and claim that Air India pilots enjoy a big fixed salary component compared to the Indian Airlines pilots.
With new routes and new aircraft, the half-dozen low-cost Indian airlines are competing fiercely for pilots.
Indian Airlines carried a record total of 3,500 people to and from Bahrain last month in its 12-year history, said country manager for both Indian Airlines and Air India Meenakshi Mallik.