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News on Medial
India Has 'Fair and Balanced' Approach on Bilateral Flying Rights: IndiGo CEO
OutlookIndia
·
1m ago
Medial
IndiGo CEO Pieter Elbers stated that India maintains a fair and balanced approach regarding bilateral flying rights amidst foreign carriers seeking more access. While some foreign airlines push for increased operations in India, Elbers emphasized that agreements must benefit both parties. He explained that India prioritizes utilizing existing traffic rights before negotiating new ones, a policy he views as equitable. This stance comes as Indian airlines like IndiGo and Air India expand their international reach.
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Air India goes on safety overdrive, places 71 passengers in no-fly list in 2023
Thehindubusinessline
·
1y ago
Medial
In 2023, Air India and Vistara placed 93 passengers on their no-fly lists due to unruly behavior, accounting for over 90% of all cases in India. These actions were taken in response to the Directorate General of Civil Aviation's rules on handling unruly passengers, which were implemented after an incident involving a Shiv Sena MP in 2017. Previously, Air India had not banned any passengers under these rules. However, the airline has since taken a more proactive approach following a controversial incident on a New York-Delhi flight. Akasa Air and IndiGo also added passengers to their no-fly lists. Aviation experts emphasize the need for airlines to address these issues seriously and passengers' rights should be balanced with due process.
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India-EU Free Trade Agreement feasible by end of 2025: S Jaishankar
Economic Times
·
1m ago
Medial
India prioritizes its relationship with the EU, focusing on securing a Free Trade Agreement (FTA) by the end of 2025. External Affairs Minister S. Jaishankar, after discussions with EU officials, expressed optimism about the FTA's progress, highlighting its significance amidst broader bilateral cooperation in defense, security, and education. Jaishankar also discussed India's diplomatic perspectives on global issues, emphasizing the need for negotiated solutions in conflicts such as Russia-Ukraine and mentioning India's balanced approach toward China.
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Akasa Air warns of high air fares if seats not increased under bilateral rights
Livemint
·
1y ago
Medial
Indian airline Akasa Air is planning to request the government to expand bilateral rights in certain markets such as Dubai, where the current limits on seats or flights between the countries have been exhausted. The airline is concerned that without an expansion, airfares to Dubai could reach extreme levels. The bilateral rights on the India-Dubai route were last amended in 2015, with a maximum of 65,000 seats allowed each week. Akasa Air is focused on profitability and expanding in markets where bilateral rights are available, such as Kuwait and Abu Dhabi.
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India, US eye breakthrough in trade talks as Piyush Goyal visits Washington this weekend - BusinessToday
Business Today
·
2m ago
Medial
Commerce Minister Piyush Goyal will visit Washington to lead critical trade talks with the U.S., aiming for an interim bilateral trade agreement. The discussions will focus on market access, non-tariff barriers, and maintaining a balanced trade relationship amidst current tariff pauses. India seeks duty reductions in labor-intensive sectors, while the U.S. seeks concessions in industrial goods and agriculture. The talks build on previous diplomatic groundwork to enhance bilateral trade, aiming for a finalized pact by 2025.
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Times Internet picks up BCCI media rights for key international markets
Livemint
·
1y ago
Medial
Times Internet has acquired media rights for broadcasting bilateral cricket matches played in India across international markets, including North America, the Middle East, and Southeast Asia. As part of the agreement with Pitch, a UK-based sports marketing agency, Times Internet will have exclusive rights to broadcast India's home bilateral series from September 2023 through March 2028. This will allow them to distribute 88 cricket matches between India and other countries through Willow TV and Cricbuzz. Viacom18 will continue to telecast and stream the matches exclusively in India.
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IndiGo’s new business class ’Indigo Stretch’ to take off in November; Delhi-Mumbai fares start at ₹18,018 | Mint
Livemint
·
1y ago
Medial
IndiGo has announced the introduction of its business class product, #IndiGoStretch, on the Delhi-Mumbai route. Bookings will be available starting from August 6 for travel beginning on November 14. This move marks a significant shift for the low-cost carrier, as it ventures into the premium services segment. The CEO of IndiGo, Pieter Elbers, also revealed plans to launch a customer loyalty program called 'IndiGo BluChip'. IndiGo will be offering business class seats on 12 domestic routes, targeting busy and business-oriented routes. Other airlines in India currently offering business-class seats include Air India, Air India Express, and Vistara.
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Indian pilots to unite to raise fatigue woes after colleague's pre-flight death
Reuters
·
1y ago
Medial
Hundreds of Indian airline pilots plan to form an association to challenge flying duty regulations they say cause fatigue and jeopardise safety after an IndiGo pilot collapsed and died before his flight.
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Ambani bags new $721 mln cricket rights in faceoff with Disney
Reuters
·
1y ago
Medial
Indian billionaire Mukesh Ambani's broadcasting unit has won rights to televise and live stream the Indian cricket team's bilateral matches for $721.41 million, in what is the latest face off in a cricket mad nation with Walt Disney , which earlier held these rights.
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Indigo's Foreign Flex
Business Today
·
3m ago
Medial
In the latest Business Today Magazine issue, a high-stakes rivalry unfolds between IndiGo's evolving hybrid model and Air India's full-service approach. Under CEO Pieter Elbers, IndiGo, once a domestic low-cost carrier, is expanding internationally, challenging Air India's long-haul market dominance. By connecting smaller Indian cities and exploring international routes, IndiGo aims to adapt its low-cost model for premium travel, highlighting its ambitious global strategy amidst India's booming aviation growth.
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Jon McNeill brings the operator’s playbook to TC All Stage | TechCrunch
TechCrunch
·
1m ago
Medial
Jon McNeill, CEO of DVx Ventures and former Tesla president, will speak at TechCrunch All Stage 2025 in Boston on July 15. He will challenge traditional startup growth strategies by advocating for a balanced approach that validates both product and market strategy before scaling. Sharing insights from his extensive experience, McNeill will focus on sustainable company building. Attendees will gain valuable lessons on capital efficiency and operating discipline. Discounted passes are available for the event.
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