A consortium led by Murari Lal Jalan and Kalrock Capital has set a revival plan, which includes a dedicated freighter service and hubs in small cities beyond Delhi and Mumbai.
The UK-based group, run by brothers Gopichand Hinduja, Ashok Hinduja, plans to submit an expression of interest by 15 January, signaling its intent to make a formal offer.
Boeing's latest forecast is slightly higher than the one it made in December 2018, when it said India would require 2,300 new aircraft for $320 billion over 20 years.
Etihad-Air Arabia discount carrier will take over most of the 100 slot pairs for Abu Dhabi market held by Etihad after ally Jet Airways failed this year.
From Munir’s point of view, a few bumps here and there is par for the course. He isn’t going to drive his dumper truck to its doom. He wants to use it as a weapon.
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