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Jet does not see big revenue fall due to US downgrade

Last Updated: Tuesday, February 11, 2014, 10:14

Jet Airways, the country's No.2 carrier by domestic market share, said on Monday it did not expect a big fall in revenue due to a recent rating downgrade of India's aviation safety by the United States.

Home Min opposes hike in FDI caps in telecom, aviation

Last Updated: Tuesday, December 10, 2013, 21:26

Citing security concerns the Home Ministry has opposed hike in Foreign Direct Investment (FDI) caps in sectors like aviation and telecom, Lok Sabha was informed Tuesday.

Will quash Jet-Etihad deal if there are irregularities: SC

Last Updated: Friday, December 06, 2013, 17:17

Jet Airways had on April 24 announced plans to sell 24 percent equity to Etihad Airways for about Rs 2,058 crore.

Procedural delay dampens investors sentiment: Ajit Singh

Last Updated: Saturday, November 30, 2013, 00:38

"There are unnecessary delays at every step every regulatory agency...They are trying to find ways how to stop this...Instead of facilitating this...Everyone delays it," Singh said at ETnow event here.

'Buy an airline for billions and become a millionaire!'

Last Updated: Friday, November 29, 2013, 18:42

This was a joke narrated by Civil Aviation Minister Ajit Singh when he reiterated his "personal" view on privatising Air India.

India`s Jet Airways closes stake sale to Etihad

Last Updated: Wednesday, November 20, 2013, 19:33

Jet in April announced the $335-million plan to sell the stake to Etihad, taking advantage of government moves a year ago to open up the aviation sector to foreign investment.

Rs 2,069 crore Jet-Etihad deal finally takes off

Last Updated: Wednesday, November 20, 2013, 16:44

The announcement came after a board meeting of the Indian private airline at the Jet headquarters here this afternoon, which lasted for over an hour.

India wants more FDI from US for aviation sector: Ajit Singh

Last Updated: Wednesday, October 30, 2013, 22:57

Asserting that India has taken significant steps in making air travel affordable, Civil Aviation Minister Ajit Singh on Wednesday called for more foreign direct investment from America in the country which now offers immense business opportunities.

Will not decide on AirAsia deal before Dec 11: Centre to HC

Last Updated: Wednesday, October 30, 2013, 16:17

After hearing the parties, the bench fixed December 11 for further hearing of the matter.

Jet Airways sees Etihad deal closure even as it posts record loss

Last Updated: Thursday, October 24, 2013, 19:53

Jet Airways expects to conclude a USD 334 million stake sale to Abu Dhabi`s Etihad by the year-end, the Indian airline said, one day after posting a record quarterly loss.

SpiceJet shares surge over 3% amid stake sale reports

Last Updated: Friday, October 18, 2013, 17:46

Shares of SpiceJet on Friday rose by over 3 percent on BSE amid media reports that the airline is in stake sale talks with a foreign carrier.

'Aviation policies implemented in ad hoc manner in India'

Last Updated: Friday, July 26, 2013, 15:38

Major aviation policy decisions in India, like the FDI policy, have often been implemented in an "ad hoc manner" and retraced at times, leading to political controversies, disillusioned investors and industry losses, a aviation consultancy firm said on Friday.