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 Air India likely to post over Rs 100 crore operating profit in 2015-16

Air India likely to post over Rs 100 crore operating profit in 2015-16

As Prime Minister Narendra Modi spoke of Air India's turnaround in his Independence Day speech on Monday, the state-run airline is expecting to log over Rs 100 crore operating profit in the last fiscal and projecting to cross the Rs 700 crore mark in the current financial year.

 Aviation Ministry plans to launch website where passengers can file complaints against airlines

Aviation Ministry plans to launch website where passengers can file complaints against airlines

Aviation ministry is mulling over a plan to launch a website where air passengers can register their complaints, which will be forwarded to the airlines

DNA: Today in History, 1st August, 2016

Today is the death anniverary of great freedom fighter Bal Gangadhar Tilak. Watch complete news story of DNA for getting detailed updates!

Airlines look to smaller planes in regional push

Indian airlines are in talks with ATR, Bombardier and Embraer to buy smaller planes to fly to the country`s booming second and third tier cities ahead of a government drive to get more of the country connected by air.

Air India plans hedging fuel costs up to 25%

Air India plans hedging fuel costs up to 25%

As it looks to turnaround, Air India plans to hike the limit for hedging fuel costs to 25 per cent amid oil prices hovering at low levels

AirAsia chief raises questions over 5/20 norm

AirAsia chief raises questions over 5/20 norm

The war of words over 5/20 norm continued with AirAsia chief Tony Fernandes today taking a dig at promoters of Indian airlines asking whether all of them live in India, in an obvious reference to Jet Airways Chairman Naresh Goyal, an NRI living in the UK.

Indian airlines to see better earnings outlook in 2016: Fitch

Indian and South East Asian airlines are likely to see improved earning prospects in 2016, primarily driven by higher demand and lower fuel costs, says Fitch Ratings.  

Air India likely to make 6% profit this fiscal, first since merger

Air India likely to make 6% profit this fiscal, first since merger

For the first time since merger of Indian Airlines into Air India, the national carrier is likely to report an operating profit of about Rs six crores in the current fiscal, owing to a combination of factors including lower fuel costs and Dreamliner operations, among others.

Air India showing improvement in operational performance

Air India showing improvement in operational performance

Air India's net losses have declined by more than 22 percent in the past four years, reflecting improvement in its financial and operational performance, Lok Sabha was informed on Thursday.

Part of funding for 9/11 came from India, says ex-top cop Neeraj Kumar

Part of funding for 9/11 came from India, says ex-top cop Neeraj Kumar

Part of funding for 9/11 attacks in the US had originated from India, according to a former top police officer Neeraj Kumar.

Air India cuts employees from 300 to 108 in two years; saves on costs

Air India cuts employees from 300 to 108 in two years; saves on costs

In a major boost to its cost saving efforts, Air India has managed to bring down the number of employees per aircraft by almost two-thirds to 108 compared to 300 more than two years ago.

Air India forms monitoring team for safe, clean travel

Air India on Sunday announced it has set up a dedicated monitoring team under an executive director which would conduct surprise checks to ensure safe travel and better service delivery to its passengers.

IndiGo adds nine 9 new flights to its network

No-frills carrier IndiGo has added nine new flights on its domestic network including a daily service on the Varanasi-Goa via Mumbai and Varanasi-Kolkata routes, starting Tuesday.

Air traffic grows 29% in July; airlines carry 67.45 lakh people

The number of passengers ferried by domestic carriers climbed 29 percent to 67.45 lakh in July as discounts and fall in fuel prices made airfares more affordable.

Boeing says domestic airlines on way to break-even

Boeing's main customers in the country include Air India, Jet Airways and Spicejet which also have Airbus planes, while the largest carrier Indigo has only Airbus aircraft.

India needs 1,740 new aircraft worth $240 bn in next 20 years: Boeing

Raising its forecast for the Indian market, Boeing Wednesday said the country will need 1,740 new aircraft worth USD 240 billion over the next 20 years.

Domestic carriers to operate 1,400 more flights this winter

The winter schedule of the Indian airlines commences from the last Sunday of October while the summer schedule starts from the last Sunday of March.

Govt completely rewriting civil aviation policy: Official

After being in the works for a long time, the government is "completely rewriting" the civil aviation policy to address concerns of the stakeholders.

Dulat's claim of "goof up" by Vajpayee govt in Kandahar fuels controversy

Former RAW chief AS Dulat's claim of a "goof up" in Kandahar hijack response by the Vajpayee government in 1999 triggered a controversy on Friday with BJP outrightly rejecting it while Congress alleged that its "soft" approach laid the "foundation of terrorism".

What led to Kandahar hijack 'goof up' - Ex-RAW chief's striking revelations

What led to Kandahar hijack 'goof up' - Ex-RAW chief's striking revelations

Ex-RAW chief AS Dulat in an interview to a news channel has made some striking disclosures, one of which is about how the Kandahar hijack was "goofed up".