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More new airlines likely to fly in Indian sky in coming months

Last Updated: Tuesday, July 22, 2014, 18:46

While AirAsia India, Ligare Aviation Limited, Quickjet Cargo Airlines and LEPL Projects Limited have been granted the Air Operator's Permit (AOP) or the flying licence, the two pending cases are those of Tata-SIA Airlines Limited and Air Pegasus Limited, Minister of State for Civil Aviation G M Siddeshwara has said.

Over Rs 5,840 loss for Indian airline industry in 2012-13: Govt

Last Updated: Tuesday, July 22, 2014, 16:01

Air India's operating loss was Rs 3,373 crore in 2009-10, Rs 4,087 crore in 2010-11, Rs 5,537 crore in 2011-12 and Rs 3,159 crore in 2012-13.

AI-IA merger: SC agrees to examine issues arising out of it

Last Updated: Friday, July 18, 2014, 20:53

A bench headed by Chief Justice R M Lodha sought their responses within six weeks and posted the matter for hearing after 10 weeks.

Air India to be formally inducted into Star Alliance today

Last Updated: Friday, July 11, 2014, 09:00

The ceremony at the IGI Airport would see Air India unveiling a Boeing 787 Dreamliner and an Airbus A-320.

Most Indian airlines suffered losses in 2012-13

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.

Indian air travel market grows by 'muted' 4% in May

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.

Bankers court Indian airline Indigo for IPO: Reports

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.

Cash balance of Indian airlines at dangerous levels: CAPA

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.

Airbus deal: CBI examines former Civil Aviation secretary

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.

Airbus deal probe: CBI examines former CMD of Indian Airlines

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.

Cut taxes and airport charges to help Indian airlines: IATA

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.

FIA asks govt to advise DGCA not to allow AirAsia launch operations

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.