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Propelled by summer bookings domestic air travel clocks profit

Propelled by summer bookings domestic air travel clocks profit

All Indian carriers together ferried a total of 71.27 lakh passengers in May as compared to 60.22 lakh passengers during May 2014, according to Directorate General of Civil Aviation (DGCA) data for the month.

Air India to cut costs by Rs 1,400 crore to reduce losses

Air India, which controls close to a fifth of India`s domestic air travel market, has been losing money for years and has long been criticised for its high costs.

Domestic air traffic falls in first two months of 2013

In terms of market share, Air India was pushed to the fourth spot at 18.9 percent by no-frill carrier SpiceJet which cornered 20.4 percent of the market.

India's domestic air traffic growth to be world's 2nd highest

India's domestic air travel market would be among the top five globally, experiencing the second highest growth rate in domestic passenger traffic after Kazakhstan but before China, IATA said on Thursday.