MUMBAI: India crossed a milestone in October when for a record fifty straight months its domestic passenger traffic clocked a double-digit growth, according to International Air Transport Association (IATA) data released on Thursday. In October, India posted a 15% growth in domestic passenger traffic compared to the same month last year. However, India has a…
KOCHI: Jet Airways promoter Naresh Goyal is learned to have approached Abu Dhabi-based NRI billionaire MA Yusuffali for investing in his struggling-to-survive airline. Goyal is also in talks with Abu Dhabi’s Etihad to get the latter to raise its stake in Jet from 24% to anywhere up to 49%. Jet’s founder needs a partner to…
Weighing about 5,854 kg, the GSAT-11, built by ISRO, is to enable much faster Internet services than now to users down home over the next 15 years. As most of India slept, its heaviest and most advanced communication satellite, GSAT-11, was shot to space from a European spaceport in faraway South America. The mission of…