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Budget airline News

26 Jan 2017

IndiGo says Twitter account 'compromised', probing matter

In the latest, Indigo, the private carrier on Thursday claimed that its Twitter account was "compromised" and it is investigating the matter.

14 Jun 2016

King Power buys $225 mn stake in Thai Air Asia

Last year Thai Air Asia carried 14.8 million passengers and plans to serve 16.9 million travellers in 2016.

21 Aug 2015

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).

10 Aug 2015

Independence Day Special: Jet Airways offers 30% off on fares

This special fare offer will be available for sale from August 10 to 14 and for travel between September 10 and April 14 next year, Jet Airways said in a release.

28 Jul 2015

SpiceJet's turnaround continues, reports highest ever quarterly profit

SpiceJet on Tuesday posted its second straight quarterly profit at Rs 71.8 crore in the three months ended June, helped by a steep 42 percent reduction in costs and higher seat occupancy.

06 Jul 2015

SpiceJet lowers fares in limited period offer

The bookings for the three-day sale are on and would remain open till midnight, July 8, the airline said adding the travel period covered in this sale is July 15 to September 30.

01 Jul 2015

IndiGo faces litigations involving Rs 1,114 crore

The profitable airline is gearing up to come out with an initial public offer worth about Rs 2,500 crore, that includes fresh issue of equity and Offer for Sale (OFS).

30 Jun 2015

SpiceJet launches 'Hand Baggage Only' fares

It is estimated that the new scheme will provide a discount worth Rs 200 on a one-way flight. While for a round trip the discount can be as high as Rs 1,000.

India national carrier

29 Jun 2015

Strict hand baggage rules in UAE for Air India passengers

India's national carrier Air India and its budget airline will restrict the weight of hand luggage carried by passengers from the UAE from July 1.

25 Jun 2015

AirAsia CEO Fernandes casts other work aside amid accounting worries

Analysts covering the airline say Fernandes told them that he, and his long-term business partner Kamarudin Meranun, would become more hands on.

10 Jun 2015

Spicejet plans to induct Airbus aircraft in its fleet

The Gurgaon-based carrier, currently has a fleet of 35 aircraft with 20 of them Boeing 737s and rest Bombardier Q400s.

16 Apr 2015

SpiceJet requests deferment on payment, but AAI unmoved

The airline has also requested the Airports Authority of India (AAI) to waive the interest against these dues on account of payment of charges towards landing, parking and other support services availed by the carrier.

19 Feb 2015

CCI clears SpiceJet-Ajay Singh deal; Rs 400 cr infusion next week

With clearance from the Competition Commission of India (CCI), the low-cost carrier's original promoter is closer to taking the management reins and ownership of SpiceJet.

15 Jan 2015

SpiceJet saga: Kalanithi Maran transfers ownership to Ajay Singh

Budget carrier SpiceJet on Thursday announced that its promoter Kalanithi Maran will transfer the ownership of the airline to the original founder Ajay Singh.

02 Jan 2015

AAI asks GoAir to pay about Rs 38 crore dues within a week

The AAI has issued a notice to the Wadia Group-promoted airline warning that it may be put on the "pay-as-you-fly" mode if the dues are not cleared on time.

02 Jan 2015

IndiGo to start fifth daily non-stop flight to Pune

Budget passenger carrier IndiGo on Friday announced the launch of its fifth daily non-stop flight to Pune, effective from Jan 4, 2015.

21 Dec 2014

SpiceJet could see change of guard: Industry sources

Beleaguered SpiceJet could see a change of guard if Indian and foreign investors, who are now carrying out due diligence of the cash-strapped airline, are convinced about investing over Rs 1,200 crore and picking up considerable stake in it.

17 Nov 2014

40 pilots quit SpiceJet; auditors doubt airline's viability

The airline has reported 5th straight quarter of net losses for the July-September period, at Rs 310 crore, although it is down from the year-ago period when it had a net loss of Rs 559 crore.

15 Nov 2014

SpiceJet cuts Q2 losses after filling more seats

SpiceJet has been discounting ticket prices, trimming costs and reducing the size of its fleet in the last few months.

09 Nov 2014

AirAsia India joins fare war, puts one-way ticket at Rs 699

The Indian carrier is offering "an all inclusive one way fare" starting from as low as Rs 699 for flights from Bengaluru to Chennai, Kochi, Goa, Jaipur and Chandigarh and vice versa.

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