Experts said the risks associated with the Indian Experts say that aviation sector would keep investors away from airline stocks.
Stressful work schedules and limited growth opportunities are taking a toll on a large number of senior professionals in airlines.
"At 9.04 pm yesterday, a Jet Airways flight 9W 616 (Kolkata-Mumbai) while on approach to landing was asked to go around to allow IndiGo Mumbai-Bangalore flight (6E-415) to cross the runway at the intersection point," MIAL said.
Aviation companies were in focus with all the three airliners SpiceJet, InterGlobe Aviation and Jet Airways adding in the range of 2% to 3% on the BSE
Initiating a fare war on global routes, Qatar Airways and Singaporean budget carrier Tigerair have announced massive limited-period discounts hoping to corner a chunk of the Indian travel market share.
Air India offers huge discount on tickets.
Jet Airways, Kingfisher Airlines and Air India will have till March to settle the Rs 2,900-crore fuel bill they owe the state-owned refiners even as the oil companies today agreed to increase the credit limit for the airlines to 90 days.
Coming down heavily on aviation safety violations, DGCA on Saturday grounded a business jet owned by Reliance Industries for carrying expired safety equipment on board and suspended its pilot for flying without a licence.
The complaint was lodged by Mumbai-based Express Industry Council of India, which represented major express courier and cargo companies such as DTDC, Aramex India, Blue Dart, DHL Express, GATI and First Flight.
A revamped Air India under the Tata Group will be a real challenge while new airline Akasa Air will be a far less competitive force for the next two-three years, IndiGo CEO Ronojoy Dutta said on Wednesday. Akasa Air, which is backed by former IndiGo president Aditya Ghosh, ace investor Rakesh Jhunjhunwala and former Jet Airways CEO Vinay Dube, got the no-objection certificate (NOC) from the Ministry of Civil Aviation on Monday.
SpiceJet has been most affected by the grounding of 737 Max 8 aircraft as it has 12 of them in its fleet.
Indian and global carriers are offering limited period discounted fares to attract flyers from New Delhi on the occasion of the 68th Independence Day.
Jet Airways, IndiGo and GoAir achieved operating profits of Rs 122.6 crore (Rs 1.22 billion), Rs 795.8 crore (Rs 7.95 billion) and Rs 85.1 crore (Rs 851 million) respectively during the same period, Minister of State for Civil Aviation K C Venugopal said in reply to a question.
Vistara reported a passenger load factor of 45.4 per cent.
Major global airlines, including Gulf carriers, are keen to invest in this space.
IndiGo has about 40 per cent market share, more than double that of Air India's 14.8 per cent.
SpiceJet would see a capital infusion of Rs 1,500 crore.
The BSE Midcap and the S&P BSE Smallcap indices outperformed to gain 0.6% and 1.1%, respectively
Domestic budget carriers SpiceJet, Indigo and GoAir have rolled out another sale offer with fares starting from Rs 1,699 for a limited period on domestic routes.
Happy with her latest move, Indrani departed from Courtroom 51 with a spring in her step. The woman who hopped up into the jail truck was a cheerful one.
West Asian carriers are up against Air India and IndiGo in the battle for seats on lucrative international routes.
Aircraft lease rentals are fixed costs and account for around 15 per cent of an airline's expense and since these are paid in dollars are also subject to currency fluctuations.
In India, many players are in the throes of chaos and pain but at least one partnership -- Air Asia India -- that was fraying even before the pandemic now finds itself at breaking point, says Anjuli Bhargava.
The value of the ace investor's personal holdings rose by just 2%.
Tickets will be sold only through Air India website from August 27-31 and for travel during August 27-September 30.
These businessmen represent the top five firms that have taken loans from the crisis-hit Yes Bank and these debts were either in the red or were stressed, officials said.
Singh holds more than 36.15 crore shares.
The broader markets ended firm with mid-caps and small-caps gaining nearly 0.5 per cent on the BSE.
'DGCA cares a damn for human life.'
Full-service airline Tata-SIA, submitted its application for the grant of Air Operator's Permit (AOP or flying license) in April.
The top gainers on the Sensex are Gail(India), HDFC, Infosys.
Taking a cue from price war in the domestic sector, two foreign carriers - Emirates and Air Asia - have cut fares for Indian travellers so as to beat the March quarter blues.
Among the Indian carriers, Air India, Air India Express, IndiGo, and SpiceJet operate flights to Saudi Arabia while Saudi Arabian Airlines and Flynas are the two carriers operating in India.
Vistara is keen to take to global skies.
Vistara has fine-tuned strategies to tap the elite class and Jet Airways may lose out on market share in times to come.
These special fares are a small gesture of appreciation from Emirates for its customers in India.
The objects were promotional balloons filled with gas, launched by the event management company to advertise its client.
Only a 5-year-old airline with 20 planes is allowed to fly abroad.
The national carrier, which is already struggling with its fuel payments, spends Rs 6,000-7,000 crore annually on fuel. A 10 per cent hike in crude price would mean over Rs 50-58 crore of extra costs for the airline.
Besides malls and high-street stores, there's a rush of discounts while you are flying or holidaying in fancy hotels.
© 2026 Rediff.com - Advertise with us - Disclaimer - Privacy Policy - Sitemap - Feedback - About us - Terms of use - Grievances