Air India Express to operate daily Mangaluru – Abu Dhabi flights from July 22

News Network
June 12, 2024

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Mangaluru: The Air India Express is all set to increase the frequency of its flights from Mangaluru to Abu Dhabi to a daily flight from July 22. 

At present, Air India Express operates four flights in a week to Abu Dhabi on Tuesday, Thursday, Saturday and Sunday.

This will also result in an uptick in daily flights to Bengaluru to eight, with AIE and IndiGo restarting flights and AIE routing aircraft for enhanced Abu Dhabi operations.

At present, IndiGo and AIE operate a total of five flights daily on the Bengaluru-Mangaluru sector. From July 8, the daily flights on this sector will go up to six, with AIE restarting its second daily flight. 

This number will further increase to seven from July 22, on Monday, Wednesday, and Friday. AIE will operate this additional flight onwards to Abu Dhabi from Mangaluru.

The Bengaluru-Mangaluru leg will operate purely as a domestic flight, and Abu Dhabi passengers will board at Mangaluru.

From August 1, flights on the Bengaluru-Mangaluru sector will go up to eight on three days in a week – Monday, Wednesday, and Friday, respectively. AIE will operate the third flight on these days to go with its two daily flights.

IndiGo will operate five daily flights, including the fifth flight which it announced in the summer schedule starting March 31. For operations on this sector that sees high passenger footfalls, AIE uses the Boeing-737 Max and IndiGo uses the Airbus series aircraft.

On the Mumbai-Mangaluru sector, AIE will operate the afternoon flight from July 16 in place of Air India, which will continue to operate the morning flight.

Currently, airlines from Mangaluru International Airport, operate five daily flights to Mumbai and Bengaluru, two daily flights to Chennai and Hyderabad, respectively, one daily flight to Delhi, three weekly flights to Pune and one weekly flight to Tiruchirappalli.

International flights operation includes two daily flights to Dubai by AIE, and four weekly flights by IndiGo, four weekly to Dammam, three weekly to Muscat, two weekly to Doha and Bahrain, and one weekly flight each to Kuwait and Jeddah – all by AIE.

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News Network
November 13,2024

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In the heart of Mangaluru, where rising air pollution is spurring public health worries, voices are calling for a greener, cleaner shift in the city’s public transport. Leading this call is APD Foundation, a Mangaluru-based environmental NGO, which has urged Forest, Ecology, and Environment Minister Eshwar Khandre to mandate electric vehicle (EV) adoption in public transport.

Abdullah A Rehman, CEO of APD Foundation, emphasized in a formal letter to the minister that Mangaluru’s public transportation system—efficient and organized with both government and private players—could transition smoothly to EVs in stages. He suggested that government-backed financial incentives, partnerships with EV manufacturers, and collaborations with environmental groups could streamline the switch.

Rehman stressed the potential of EVs to cut down emissions, enhance air quality, and reduce noise levels, noting the quieter operation of electric buses. He confirmed that a copy of his letter was submitted to the Deputy Commissioner as well.

However, Dilraj Alva from the Dakshina Kannada City Bus Association noted potential challenges, explaining that the shift might take up to two years due to infrastructure and budget hurdles. Most EV buses, he explained, are procured through aggregators, not directly by individual operators. The addition of charging stations and other essential infrastructure further complicates the transition.

Alva also raised the economic concern: while diesel buses are priced between ₹30-40 lakh, electric buses can cost up to ₹1 crore. Reflecting on recent meetings with companies, including one in Manipal, he questioned the assumption that EVs are an absolute solution to pollution. “EVs aren’t entirely eco-friendly, especially when considering battery disposal,” he cautioned.

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News Network
November 21,2024

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Shares of Adani Group companies lost about $28 billion in market value in morning trade on Thursday after US prosecutors charged the billionaire chairman of the Indian conglomerate in an alleged bribery and fraud scheme.

Gautam Adani's flagship company Adani Enterprises tumbled 23 per cent, while Adani Ports, Adani Total Gas, Adani Green, Adani Power, Adani Wilmar and Adani Energy Solutions, ACC , Ambuja Cements and NDTV fell between 20 per cent and 90 per cent.

Adani group's 10 listed stocks had a total market capitalisation of about $141 billion at 0534 GMT, compared to $169.08 billion on Tuesday.

US authorities said Adani and seven other defendants, including his nephew Sagar Adani, agreed to pay about $265 million in bribes to Indian government officials to obtain contracts expected to yield $2 billion of profit over 20 years, and develop India's largest solar power plant project.

Adani Green in a statement on Thursday said the US Justice Department had issued a criminal indictment against board members Gautam Adani and Sagar Adani and the Securities and Exchange Commission had issued a civil complaint against them.

The US Justice Department also included Adani Green board member Vneet Jaain in the criminal indictment, it said.

Adani Green's units had decided not to proceed with the proposed US dollar denominated bond offerings due to developments, it added.

"Investors will shy away from Adani Group stocks ... and that's what this sharp selling is signifying," said Saurabh Jain, assistant vice president of retail equities research at SMC Global Securities.

"This could hurt the credibility of the group and maybe borrowing costs will rise," he said.

The indictment comes nearly two years after US shortseller Hindenburg Research alleged that Adani had improperly used tax havens and was involved in stock manipulation, allegations the conglomerate denied.

Also in early Asian trading on Thursday, Adani dollar bonds slumped, with prices down 3c-5c on bonds for Adani Ports and Special Economic Zone. The falls were the largest since the Adani Group came under a short-seller attack in February 2023.

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News Network
November 19,2024

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