India Union Textile Minister Dayanidhi Maran has reportedly had a Public Interest Litigation (PIL) filed against him after he allegedly benefitted from the Aircel stake sale to Maxis Communications (Bloomberg/India InfoLine News Service, 02-Jun-2011). SpiceJet Ltd is owned and operated by Kalanithi Maran, who is a brother of Dayanidhi Maran. The Maran brothers also own and operate Sun TV Network Ltd. Shares in the carrier slumped 16% to INR34.5, marking the largest decline in almost five years.
SpiceJet ownership involved in Public Interest Litigation
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Norwegian Air part 2: long haul growth shows its strategic innovation, but increases debt burden
Norwegian plans to add US routes to its Edinburgh base, a development considered in part 1 of this report, adding to its growing list of European long haul bases. However, its Edinburgh-US routes will use new Boeing 737MAX-8 aircraft – its first deployment of narrowbodies for long haul. It has also ordered 30 Airbus A321neoLRs for long haul use. Narrowbodies open up new possibilities for routes between the UK (or other European markets) and the US east coast.
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