Tag: Aviation Sector

Tata Group plans grand entry in aviation with AirAsia

An Indian FDI reform which has opened doors for foreign investment, especially aviation sector, has to be enjoyed by another the largest carrier in Southeast Asia, Air Asia. Read more

Air India is world’s third worst airline

Air India has been ranked world’s third worst, dangerous airline in terms of safety by Hamburg based, Germany’s Jet Airliner Crash Data Evaluation Centre (JACDEC).  Read more

Etihad Airways titled World’s Leading Airline

United Arab Emirates’ national airline, Etihad Airways has honoured by the World’s Leading Airline title for the fourth year in a row.

Last night on Wednesday, the World Travel Awards event launched in Oberoi Gurgaon, India in which Etihad Airways named for award.

It has also brought the award of world’s top leading airline for its Diamond First Class product, named the World’s Leading First Class. Read more

Diageo fly with Mallya’s crown jewel United Spirits

Vijay Mallya with KFA 150x150 Diageo fly with Mallya’s crown jewel United Spirits Finally, the world’s largest liquor major Diageo on Friday announced its decision to acquire 53.4% stake in Vijay Mallya-owned United Spirits for $2.1 billion in a two-legged deal.

Diageo entered in agreement of two part with USL and United Breweries (Holdings)  under which It will acquire 27.4 per cent stake in USL for Rs.5,725 crore at Rs.1,440 a share, while Mallya will continually stand at his chairman position of USL and UBHL, but work with Diageo in India Whisky market. Read more


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