Austrian Airlines likely sold Alliance Airlines stake to Qantas

Austrian Airlines sold its remaining 8.31% stake in Australian carrier Alliance Airlines on the same day that Qantas announced it had taken a 19.9% stake in the Brisbane-based charter specialist. Disclosures to the Australian Securities Exchange (ASX) show that Austrian sold 10 million shares on 1 February, but did not disclose the buyer nor the […]

source http://www.ncairways.co/aviation/austrian-airlines-likely-sold-alliance-airlines-stake-to-qantas/

New Delhi pumped around Rs40bn into Air India

New Delhi has budgeted only a token amount to support Air India’s continuing turnaround for the year to April 2020, after documents revealed that it has received Rs39.8 billion ($596 million) this financial year. The final amount is up sharply from the previously allocated budget of Rs6.5 billion for the struggling carrier for the year […]

source http://www.ncairways.co/aviation/new-delhi-pumped-around-rs40bn-into-air-india/

Opposition Support Pour in for Mamata Banerjee

leaders from across the country cutting across party lines came out in her support. They attacked Prime Minister Narendra Modi of making "a complete mockery of democracy and federal structure."

source http://www.ncairways.co/india-news/support-to-mamata-banerjee/

CBI to Move Supreme Court Today Against the Wrongful Detention of Their Officers

Five officers of the CBI were unceremoniously denied entry to Kolkata Police chief Rajeev Kumar's Park Street residence when they arrived there to "examine" the top cop in the Sharadha scam.

source http://www.ncairways.co/india-news/cbi-to-move-supreme-court/

Cebu Pacific targets to boost ancillary revenue

Cebu Pacific Air is targeting up to a 10% increase in ancillary revenue over the next three years, and has set up a new team to focus on driving that business. Close to 20% of the airline’s revenue now comes from ancillary sales, and the aim is for the figure to hit 26-30% over the […]

source http://www.ncairways.co/aviation/cebu-pacific-targets-to-boost-ancillary-revenue/

Cricket – Starc takes four to put Australia on brink of victory

CANBERRA: Fast bowler Mitchell Starc struck early blows as Australia closed in on victory in the second test against Sri Lanka and a 2-0 series win at Manuka Oval on Monday. Chasing an improbable 516 for victory, the touring side reached 87 for five at lunch on the fourth day against Australia, who won the […]

source http://www.ncairways.co/sports/cricket-starc-takes-four-to-put-australia-on-brink-of-victory/

Mamata Banerjee v/s CBI : Governor Summons Chief Secretary, Home Secretary and DG of Police

Though the events that transpired in Kolkata on Sunday evening seem strange, such episodes are unprecedented. An all-out conflict has now broken out between CBI and state administration, with state chief minister Mamata Banerjee slamming Prime Minister Narendra Modi and the central government for denting the federal structure of the country.

source http://www.ncairways.co/india-news/mamta/