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Fair weather! Air India cuts losses at last
The airline company has achieved the target set out in the Turn Around Plan National carrier Air India has reduced its net loss by more than a quarter to Rs 5,547.47 crore (Rs 55.47......
Govt working on proposal to cap lowest, highest airfares
Soaring airfares have led the Civil Aviation Ministry to consider a proposal to cap the highest and the lowest ticket prices, which the airlines would not be allowed to cross.The Ministry is......
Govt to cap lowest, highest air fares
With air fares soaring in the peak holiday season, the Civil Aviation Ministry is working on a proposal to cap the lowest and highest ticket prices for a given period which the airlines would not......
India's aviation sector improves in 2009
After over a year of downturn, the domestic aviation sector showed a marked improvement last year with the number of passengers carried by Indian airlines growing by almost eight per cent over......
Cash crunch: Air India ups working capital
The National Aviation Company of India (NACIL), the entity that came into being after the merger of national carriers Air India and Indian, has increased its working capital limit to around Rs......
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