Jet Airways expects to return to profit in the next 18 months, following implementation of a new route network and fleet strategy and cost optimisation measures.
For international travel, frequent flyers look at network and Air India's global network is weak.
An industry source said Reliance Industries did not have a controlling stake in Yatra.com through its acquisition of Network 18. It was just a financial investment.
Airline now financially more stable but still in the doldrums as the operating environment remains tough.
AirAsia is facing a legal challenge from Bharatiya Janata Party MP Subramanian Swamy, whose petition comes up for hearing at the Delhi HIgh Court on Wednesday.
Capital goods stocks rallied nearly 16 per cent since January on purchases by foreign institutional investors and in anticipation of a change of government at the Centre.
There is enough room for growth in smaller Indian towns as per US and European aircraft manufacturers
The Civil Aviation Ministry is looking to increase air seat entitlement to Dubai by 20%.
Regulator believes Jet Airways deal triggers open offer
GVK Skycity's 20-million sq ft commercial space will be bigger than that in BKC; bids invited for first phase.
DGCA asks those likely to be affected by a scheduled air operator's permit to the airline to give suggestions, objections within 30 days.
But the Abu Dhabi-based airline would first bolster its own network with traffic from India before Jet's turnaround.
The transformer factory in Canada contributes about three per cent to the company's total sales.
Acquisitions, slowdown put infra major in a spot, with bankers okaying debt restructuring.
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Though a formal purchase agreement with Boeing is yet to be signed, SpiceJet's order size could be of 40-50 planes, a source familiar with the development said. At list price, a 737 Max aircraft is valued at about $100 million (Rs 620 crore).
Under the hybrid-till model, a portion of non-aeronautical revenue (commercial revenue) at the airport is taken into consideration while fixing the landing and parking charges, user fees and other aeronautical charges.
This optimism is triggered by the feel-good factor in the wake of the Sensex touching record-high levels last week and a slew of discount offers by airlines to boost travel demand.
Airline's auditor attributes profit to changes in accounting system; GoAir says full disclosure made and auditor's note is unqualified
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