States on Saturday refused to lower sales tax rates on jet fuel, cost of which accounts for over 40 percent of the total operational cost of airlines.
The proposed code-sharing agreement between private airlines Jet Airways and Kingfisher has come under the lens of Competition Commission.
With the focus of full service carriers like Air India, Jet Airways and Kingfisher Airlines shifting to low cost carrier (LCC) model, the "Indian airline earnings outlook looks increasingly challenged", according to CAPA.
Kingfisher will launch direct flights between Kolkata and Bangkok from Augt 14, the 5th international destination on its network and the first to S-E Asia.
Day in Pics: 20th December
Showbiz World - December 20, 2014
People Magazine Awards 2014