About 170 Airbus aircraft operate in India.
IndiGo's ascent is not without its risks, however.
The HC also offered a ray of hope to the hundreds of employees of UB-Group owned now-grounded Kingfisher Airlines, who have not been paid monthly salaries for over a year now.
Indian bankers are fearful that going out of their way to save Jet could lead to subsequent harassment from investigative agencies.
The next step is the charter, which aims to safeguard consumer rights and address criticism about the government not doing enough for passengers.
'The failures of private businessmen have set back the process of market-oriented reform, though that is the only way forward,' argues T N Ninan.
His resignation as chairman of the government's skill development agencies triggered talk that he may be headed back to the Tata Group where a search committee is looking for a full-time chairman.
Finance Minister P Chidambaram has supported Civil Aviation Minister Ajit Singh's suggestion on doing away with a rule that bars Indian carriers from flying abroad unless they complete five years of service and own a 20-aircraft fleet.
After due deliberations, the lenders have decided to seek resolution for Jet Airways under the bankruptcy code since only a conditional bid was received.
Airbus is now confident of crossing 1,000 net orders (excluding cancellations or conversions from previous orders) in 2014.
Domestic carriers, including newly-launched AirAsia India and regional airline Costa too have lowered their fares through these offers
Vistara was operating from Delhi, Mumbai, Ahmedabad and Goa.
With the FIPB giving approval to the Tata-Singapore Airlines joint venture to start a full-service carrier, Tata Group Chairman Emeritus Ratan Tata on Friday met Commerce and Industry Minister Anand Sharma.
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As per the FIPB agenda, the proposal will be taken up on October 18.
Among the businesses that need consolidation are retail and defence
IndiGo, which has grown rapidly to become India's biggest airline by market share, has now ordered 530 A320 family planes from Airbus, the planemaker said in a statement.
Initial reports say the pilots had asked for a change in route (it was flying to Singapore) because of adverse weather.
Flight JT-610, carrying 189 people, was on a scheduled flight from the Indonesian capital to Pangkal Pinang, the main city in the Bangka Belitung Islands.
Naresh Goyal, after being ousted with his wife from the board last week, and with his shareholding halved to 25 per cent, can still make a comeback by partnering a new investor and win back majority control.
SpiceJet announced discounted fares on domestic sector.
Airlines will report losses in FY16 but 35% less Y-o-Y
For debt-laden Jet Airways, bitter foe Tata may turn into timely saviour.
With passengers flying Indian skies getting more and more unruly, day by day, airlines are forced to stock rope and handcuffs on board and use them as they did the other day on a Dubai-Delhi flight.
Rediff.com takes a look at the major aviation disasters of recent times.
Malaysia Airlines Flight MH370 that mysteriously disappeared with 239 people on board nearly a year ago was deliberately taken off course by someone in the cockpit and flown towards Antarctica, experts have claimed.
It's too big to digest as one whole airline.'
A day after FIPB cleared the Tata-Singapore Airlines' (SIA) airline venture, Tata group Chairman Emeritus Ratan Tata and SIA chief Goh Choon Phong on Friday met Civil Aviation Minister Ajit Singh exuding confidence of launching flights by May-June next year.
GoAir hopes to fly 15 million passengers by 2016-17, serve 30 destinations, up from 21 now, and will largely remain a domestic airline.
The exact figure not known yet but advertisements for recruiting employees would hit print this week.
The government was also working on a package to promote connectivity and airports in the North Eastern states
The airline has said it isn't worried about competition in the domestic market, thanks to its spread across three passenger segments
Rediff.com takes a look at the major aviation disasters of the year.
Domestic air traffic grew by over 18 per cent last month compared to October last year as Air India's passenger load factor overshot that of IndiGo which had the largest number of flight cancellations, official data showed on Monday.
However, Federation of Indian Airlines will continue to function and its other members are not pulling the plug yet, industry sources said.
No reason was cited for rescheduling of the meeting.
Tata Sons and Singapore Airlines (SIA), which recently received a no-objection certificate from the ministry of civil aviation to start a full-service airline (Tata-SIA Airlines), are in the process of securing an import licence for 20 Airbus A320 aircraft.
Old-timers say Jet boss Naresh Goyal, although still razor sharp, doesn't have the same energy he once did and this reflects in his 'baby'.
The disappointment of the year is government's failure in finalising the re-drafted aviation policy.
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