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Compat to hear appeal against Jet-Etihad deal on Feb 24

The Competition Appellate Tribunal will again hear on February 24 the appeal against fair trade watchdog CCI's approval of the Rs 2,060 crore Jet-Etihad deal.

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

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

Cabinet approves AI restructuring, FDI in aviation deferred

In a big boost to ailing Air India, the government on Thursday approved a turnaround plan (TAP) to restructure the operations and the finances of the cash- strapped carrier, including infusion of additional equity.

Mallya meets Sharma on FDI in aviation

Crisis-hit Kingfisher Airlines Chairman Vijay Mallya on Wednesday met Commerce and Industry Minister Anand Sharma here.

FinMin for foreign carriers investing in domestic airlines

The Finance Ministry on Wednesday gave its approval to the proposal that seeks to allow foreign airlines to buy up to 49 percent stake in Indian carriers, most of them are cash-starved.

Govt moves Cabinet note on aviation FDI

The Cabinet is likely to soon take a decision on a proposal to allow foreign airlines to pick up stake in domestic carriers, most of which are facing financial crisis, a senior government official said.