Air Costa in funding talks ahead of launch of pan-India ops
Regional carrier Air Costa, which is awaiting aviation regulator's nod to fly pan-India, is in talks with various investors for raising funds.
Oct 25, 2015, 19:58 PM IST
Russia-Ukraine direct flights to stop from Sunday
Russia and Ukraine will close their airspace to each other's airlines from Sunday, ending direct flights between the two countries, the media reported.
Oct 24, 2015, 12:34 PM IST
Airline losses to come down 35 to Rs 5,500 crore this FY: ICRA
Low crude prices, increasing efficiency and rising air traffic will help the domestic airlines bring down their losses massively this fiscal to around Rs 5,500 crore from around Rs 8,500 crore last year, says an analyst report.
Oct 22, 2015, 23:11 PM IST
AirIndia, GoAir to shift domestic operations to T2 shortly
As part of the phased integration of domestic and international operations from the spanking new facility (T2) of the city's airport, more airlines will shift their operations to the new terminal beginning next week.
Sep 17, 2015, 19:33 PM IST
Krishnan Balakrishnan new CFO of GoAir
Wadia Group-promoted no-frills airline GoAir has appointed Krishnan Balakrishnan as its Chief Financial Officer (CFO).
Sep 17, 2015, 17:55 PM IST
Seventh heaven: IndiGo net profit rises for 7th straight year, quadruples to Rs 1,304 cr in FY15
This is also the highest ever annual profit registered by the airline -- which is also preparing for a Rs 2,500 crore initial public offer -- since its inception in 2005.
Sep 10, 2015, 21:58 PM IST
Domestic airlines to discuss high airfares issue on Sept 15
Domestic air carriers have been called for a meeting on September 15 by the government to discuss the issue of high airfares, especially during festival seasons and emergency travel, after Prime Minister Narendra Modi expressed serious concern over the issue.
Sep 03, 2015, 21:44 PM IST
Aviation Ministry working on airfares after PM Modi's concerns
The Civil Aviation Ministry is working on options to address the issue of airlines charging high fares, especially during festive seasons, in the wake of serious concerns expressed by Prime Minister Narendra Modi on the issue but ruled out regulating ticket prices.
Sep 02, 2015, 23:46 PM IST
Government mulls 2% cess on air tickets
The money raised through the cess would be utilised for viability gap funding of domestic carriers operating flights to regional and remote areas.
Aug 27, 2015, 16:49 PM IST
PM Modi's concern over predatory airfares, likely cess on tickets
Prime Minister Narendra Modi has expressed serious concern over the predatory pricing by the domestic airlines, an issue that will be addressed shortly by the civil aviation ministry, which is also mulling a two per cent cess on tickets in its new aviation policy.
Aug 27, 2015, 15:48 PM IST
Air India likely to seek more time to decide on Boeing proposal
The airline has constituted a three-member panel to go into the pros and cons of the proposal, which has been pending for nearly four years, Air India sources said on Wednesday.
Aug 26, 2015, 17:39 PM IST
SpiceJet announces special fare scheme starting at Rs 799
Under the new discount scheme, single one-way fare between Delhi and Mumbai or Mumbai and Chennai will work out at Rs 1,899 (excluding taxes).
Aug 20, 2015, 17:05 PM IST
Ghost airports highlight risks as PM Modi spends to grow
Not a single passenger has passed through the gates of an airport big enough to handle more than 300,000 travellers a year, with parking bays for three 180-seater narrow-body jets.
Aug 19, 2015, 09:45 AM IST
Air traffic grows 29% in July; airlines carry 67.45 lakh people
The number of passengers ferried by domestic carriers climbed 29 percent to 67.45 lakh in July as discounts and fall in fuel prices made airfares more affordable.
Aug 18, 2015, 18:09 PM IST
Boeing says domestic airlines on way to break-even
Boeing's main customers in the country include Air India, Jet Airways and Spicejet which also have Airbus planes, while the largest carrier Indigo has only Airbus aircraft.
Aug 13, 2015, 22:20 PM IST
Bill to revise airlines' liability introduced in Lok Sabha
The Carriage by Air (Amendment) Bill, 2015, introduced by Civil Aviation Minister Ashok Gajapathi Raju, would enable the government to revise the liability limits of air carriers in line with the Montreal Convention, which was acceded to by India in May 2009.
Aug 07, 2015, 17:38 PM IST
SpiceJet shares close over 3% higher on stake sale reports
Shares of low-cost airline SpiceJet were in demand Friday, rising over 3 percent, amid media reports of stake sale.
Jul 24, 2015, 20:17 PM IST
SpiceJet says in early talks with investors, denies tie-up with airlines
SpiceJet Friday said a few potential investors are currently in "exploratory and preliminary" discussion with it, evincing interest to invest in the no-frills carrier while denying reports of entering into any commercial tie-up with any airline.
Jul 24, 2015, 19:32 PM IST
Domestic carriers should utilise bilateral agreements: Ashok Gajapathi Raju
Sending out a strong message, he said domestic airlines, both public and private ones, need to "pull up their socks" with regard to utilisation of bilaterals.
Jul 23, 2015, 15:46 PM IST
DGCA to check airlines for flight safety norms compliance
The latest move comes in the wake of a recent incident involving an Air India flight where the watchdog found that the carrier did not properly maintain flight operations data.
Jul 17, 2015, 16:47 PM IST
