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India's domestic air traffic rose 16% in August: IATA

Last Updated: Thursday, October 03, 2013, 17:00

India's domestic air traffic surged almost 16 percent in August despite "substantial volatility" in the overall growth rate and weak economic conditions, global airlines' body IATA said on Thursday.

Global airline industry may record modest profits next year

Last Updated: Monday, October 01, 2012, 17:09

The global airlines' body estimated that Asia-Pacific airlines were set to post a USD 2.3 billion profit for 2012, which was USD 0.3 billion better than previously forecast.

Kingfisher says making alternative arrangements for booking

Last Updated: Friday, March 09, 2012, 11:03

Crisis-hit Kingfisher Airlines on Friday said it has made alternative arrangements for customers to book their travel on the carrier, in the wake of global airlines' body IATA suspending it from its platforms for non-clearance of dues.

Profits of global airlines fall by 60% in Q4: IATA

Last Updated: Friday, March 02, 2012, 00:00

The situation facing Indian carriers has been reflected worldwide with the profits of global airlines declining by a whopping 60 percent in the fourth quarter this year compared to last year, in spite of a 5.7 percent rise in passenger demand.

Global airlines wary of picking up stakes in Indian carriers

Last Updated: Sunday, January 22, 2012, 13:05

Several major international airlines seem to be wary of picking up stakes in the loss-making Indian carriers at this stage, even as the government plans to take steps to allow them to do so.

Set airline industry free by slashing taxes: IATA to India

Last Updated: Wednesday, December 07, 2011, 19:57

Global airlines body IATA Wednesday asked Indian government to set the country's aviation industry free by expeditiously reducing taxes, especially those on jet fuel, instead of "micro-managing" the cash-strapped sector.