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May 21, 2013
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airlines
Govt mulls putting cap on preferred seats on airlines
The recent 'unbundling' of some services such as seat preferences or meals on board might be helping airlines to earn a lot of ancillary revenue, but the government is considering whether it could limit the number of 'preferred seats' on sale on each flight.
China says it will not accept EU measures on emissions
China said it will not accept any "unilateral and compulsory market measures" announced by the European Union threatening Chinese carriers with fines for non-compliance with its Emissions Trading System (ETS).
Ministry asks airlines to limit number of 'privileged' seats
The Civil Aviation Ministry on Friday asked all airlines to limit the number of 'privileged' seats for which they could charge a fee, with a few carriers imposing price tags on a very large number of them.
Jet gets extension to meet SEBI's public shareholding norm
For the private listed companies, the deadline to meet the Sebi-stipulated public shareholding norm is June-end.
IndiGo to charge a premium for preferential seats
Pre-booking a seat in the first two rows or near emergency exits in 12 and 13th row in an IndiGo flight will cost passengers more with the airline deciding to charge a premium for these seats.
Banks recover Rs 1,000 cr by selling assets of Kingfisher: SBI
State Bank of India (SBI) Monday said the consortium of lenders has recovered Rs 800-1,000 crore and is making all efforts to recover the remaining dues from beleaguered Kingfisher Airlines.
Jet Airways seeks FIPB nod for selling stake to Etihad
Private carrier Jet Airways has sought approval of the Foreign Investment Promotion Board (FIPB) to sell 24 percent stake in the company to Gulf carrier Etihad Airways, sources said Thursday.
Airlines can charge for preferred seats, check-in bags: Govt
In a move that would raise the cost of air travel, the government Monday said it has allowed airlines to charge passengers for preferred seats on a flight, check-in baggages and meals, among other things.
Small investors, HNIs hike Kingfisher stake; FIIs trim holding
The total promoter holding declined to 32.12 percent in the January-March quarter from 35.83 percent in December quarter.
Jet-Etihad pact a win-win deal, says Ajit Singh
Describing the over Rs 2,000 crore business proposal between Jet and Etihad airlines as a win-win deal, Civil Aviation Minister Ajit Singh Thursday said it will be beneficial for flyers.
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I-T Dept slaps Rs 582 cr tax demand notice on Infosys
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Gold price tanks 4.58% for week; closes at Rs 26,120
Gold hits 21-month low; silver at its weakest in over 2 years
Samsung launches Galaxy Grand Quattro in India for Rs 17,290
Chevrolet Enjoy launched in India
Sensex tanks 430 points
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