Last Updated: Monday, July 07, 2014, 15:05
Almost all Indian airlines, barring Jet Airways, IndiGo and GoAir, suffered losses in 2012-13 with Air India suffering the highest loss of Rs 5,490 crore.
Last Updated: Thursday, July 03, 2014, 19:02
Indian air travel market showed a "muted" four percent growth in May, even as overall global air traffic rose by a strong 6.2 percent, latest figures showed.
Last Updated: Thursday, July 03, 2014, 17:39
India`s low-cost and only profitable airline, IndiGo, is meeting bankers who are bidding to underwrite an initial public offering that has been estimated at around USD 400 million, reports said Thursday.
Last Updated: Tuesday, July 01, 2014, 17:21
Indian airlines are expected to post lesser losses in 2014-15 than last year but their cash balances are at "dangerous levels", being equivalent to less than three weeks' revenue, an aviation consultancy said Tuesday.
Last Updated: Monday, June 16, 2014, 13:54
A former secretary in the Civil Aviation department has been examined by CBI as a witness in connection with alleged irregularities in the supply of 43 aircraft to the erstwhile Indian Airlines by Airbus.
Last Updated: Thursday, June 12, 2014, 21:37
CBI has examined former Indian Airlines Chairman Vishwapati Trivedi as witness in connection with alleged irregularities in a deal for the supply of 43 Airbus aircraft to the erstwhile national carrier.
Last Updated: Monday, June 02, 2014, 18:45
The IATA on Monday appealed to the Narendra Modi-led government to slash taxes, restrain private airport operators from levying high charges and relax "excessive" regulations in the aviation industry to maximise India's full potential to generate economic growth.
Last Updated: Saturday, May 31, 2014, 18:45
Claiming that the approvals granted to AirAsia India were "illegal", Federation of Indian Airlines (FIA) has asked the government to advise aviation regulator DGCA not to allow the new no-frill airline to launch its operations which is set for June 12.
Last Updated: Friday, May 30, 2014, 19:20
Tata-SIA Airlines Ltd is a joint venture between Tata and Singapore Airlines and AirAsia India is a joint venture between Tata Sons and Malaysia-based AirAsia.
Last Updated: Saturday, May 17, 2014, 14:19
Former joint chairman of Air India and the erstwhile Indian Airlines and CMD of Tata Steel Russi Mody passed away in on Saturday.
Last Updated: Wednesday, May 14, 2014, 22:13
The next government is likely to take a fresh view on the issue of scrapping the 5/20 rule to allow Indian carriers to fly abroad, which was being pursued by the UPA government.
Last Updated: Wednesday, May 14, 2014, 21:06
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