With rising costs, Indian carriers would operate 19 per cent less number of flights this winter compared to last year, though no-frill airlines would put in more flights during the busy season starting this month-end.
Jet Airways, the largest domestic airline, will merge its no-frills brands JetLite and Jet Konnect and operate under the brand name of the latter.
The probe agency has found that the company's vast network of sales agents across the globe was not independent of Jet Airways and several of these entities were linked to its founder, Naresh Goyal.
The no-frills brand is poised for a big leap by debuting in some international routes as well.
The Bombay High Court on Monday upheld its earlier order which had ruled that Jet Airways was liable to pay the renegotiated amount of Rs 1,450 crore (Rs 14.50 billion) instead of the original determined price of Rs 2,000 crore for the purchase of Sahara Airlines (now Jetlite) in 2007.
In a special gesture towards armed forces, Jet Airways has announced a 50 per cent discount on base fares for all serving and retired defence and paramilitary personnel and their families.
Jet Airways and Kingfisher will operate an additional flight each from Delhi and Mumbai to Chandigarh, which is adjacent to Mohali.
Bihar Chief Minister Nitish Kumar has done well to rinse Bihar of many ills. Going ahead the challenge for the state is to grow beyond soft reforms!
In March this year, domestic air traffic had spiked by 1.6 per cent to 5.18 million passengers, compared to 5.1 million in March 2012.
Justice Dhananjay Chandrachud, however, rejected the petition filed by Sahara claiming Rs 2,000 crore (Rs 20 billion) as the total sum for the take over instead of the renegotiated amount of Rs 1,450 crore (Rs 14.5 billion) agreed between Jet and Sahara.
More than 25 aircraft of Jet Airways has been grounded by lessors due to non-payment of lease rentals. The airline, which started the winter schedule with 103 planes, is now down to 83.
Some flights of Kingfisher, GoAir, JetLite and Jet Airways operated during the 'curfew hours' from April 4 to April 30 -- from 9 AM to 1 PM and 3 PM till 7 PM--in the past few days when the vital ground navigational aids were switched off for repair and maintenance.
Domestic airlines witnessed 10 per cent rise in sales in 2014.
Jet Airways on Monday awarded $750-million contract to a leading Singaporean firm for maintenance support to engines of its 67-strong Boeing-737 fleet over the next 10 years.
At least 12 flights have been cancelled and four rescheduled at the Mumbai International Airport, due to six-hour runway closure starting on Tuesday.
Flight operations from Mumbai, which has been hit by worst-ever terror attack, largely remained unaffected, except for cancellation of five services by four international airlines.
Jet Airways chairman Naresh Goyal on Tuesday met civil aviation secretary Madhavan Nambiar on Tuesday against the backdrop of pilots of the private carrier refusing to report to work to protest against the sacking of two of their senior colleagues.
Kingfisher owes Rs 257.62 crore (Rs 2.57 billion) to the AAI, while Jet Airways Rs 38.49 crore (Rs 384.9 million) and its low cost arm JetLite Rs 13.96 crore (Rs 139.6 million), as on January 31, Civil Aviation Minister and Minister for Overseas Affairs Vayalar Ravi informed the Rajya Sabha on Thursday.
To add aircraft, more services this year, even as full-service airlines hold their expansion plans.
Barely a fortnight after it launched international operations and integrated low-cost carrier Simplify Deccan with it, Vijay Mallya-promoted Kingfisher Airlines plans to lay off at least 300 employees, official orders for which are to be conveyed on Monday.
The government on Tuesday said the major private domestic airlines owed over Rs 274 crore (Rs 2.74 billion) to the Airports Authority of India for availing its services.
It is for the first time in India that a plane has been chartered to view the total eclipse from above the clouds, the company said. A JetLite 737-700 has been especially chartered for this purpose and the eclipse flight will last for three hours and it will take-off from New Delhi at 4.30 am, fly towards and hold over Gaya till the eclipse time, the company said.
Confirming the airline industry's estimates of a slowdown in the aviation sector, domestic passenger traffic for the calendar year 2008 showed a decline of 5 per cent compared to the previous year. Also, the Kingfisher-Kingfisher Red combine ousted Jet-JetLite as the largest Indian carrier combine in the month of December 2008.
Jet Airways on Wednesday said that it has raised the fuel surcharge on tickets by Rs 400 across all domestic sectors. The newly decided fares have been made applicable from June 17.
Makemytrip.com, a travel-related portal, remained inaccessible for a large part of the day owing to an unprecedented surge in traffic, after Air India and JetLite slashed fares.
Much before its sack order to 1,900 employees turned into a publicity nightmare, Jet Airways had handed marching orders to 1,000 workers and even managed to keep it under wraps.
Move a protest against withdrawal of commissions.
Jet Airways announced the launch of a new all-economy, no-frills service called Jet Airways Konnect starting May 8.
With the Bangalore airport announcing stiff user developmental fee on domestic passengers, low-cost carriers -- JetLite, SpiceJet and Simplifly Deccan (formerly Air Deccan) -- have decided to drastically cut their flight schedules to the city and other new airports like Hyderabad.
With the Bangalore airport announcing stiff user developmental fee on domestic passengers, low-cost carriers JetLite, SpiceJet and Simplifly Deccan (formerly Air Deccan) have decided to drastically cut their flight schedules to the city and other new airports like Hyderabad.
A Guwahati-bound plane carrying 46 on-board landed under emergency conditions at the Kolkata airport here early morning after one of its engines caught fire.
Full service carrier Kingfisher Airlines has decided to cut its basic fares up to 60 per cent.This announcement, which will mean around a 20 per cent cut in overall fares, follows competitor Jet Airways.
IndiGo operates 125 flights across 17 destinations with a fleet of 19 brand new Airbus A-320 aircraft. For the full service carrier, Kingfisher, the drop on flights up to 750 km will be Rs 400 to Rs 1,950 from Rs 2,350 earlier. Fares for travelling above 750 km will be down to Rs 2,700 from Rs 3,100.
The IRP has admitted 33 claims from banks worth Rs 8,462 crore, and is verifying Rs 15,044-crore claims from operational creditors and staff.
"The markets do not remain the same forever but still, anything that makes sense to Jet Airways' shareholders will make sense for the promoters as well," Goyal said. Together with JetLite, formerly Air Sahara, which Jet bought last year, the airline controls over 29 per cent of the Indian domestic market.
On offer from the beginning of this week, these fares are expected to continue through the rest of the lean season, that is, till the end of September. Customers buying any low-cost carrier ticket on the Mumbai-Delhi route will only have to pay taxes and surcharges that range from Rs 3,400 to Rs 3,600.
National Aviation Company, the name of the proposed merged entity of Air India and Indian Airlines, plans to launch a value carrier to take on the challenge from JetLite and Air Deccan.
Jet's supremacy has now been challenged by a nimble and aggressive Kingfisher which, in just two years and following Mallya's buyout of Air Deccan, is commanding the same market share as Jet Airways and Jetlite.
Hours after Jet Airways closed the deal to acquire Air Sahara, the Lucknow-based airline's president Alok Sharma quit his post but said he would continue to facilitate its smooth transition to 'Jetlite'.
Jet will have 56 flights (around 9,400 seats a week) from four destinations from New Delhi, Mumbai, Kochi and Kozhikode to Bahrain and Doha (non-stop), Muscat and Kuwait, and cater to the middle and upper ends of the market.
© 2026 Rediff.com - Investor Information - Advertise with us - Disclaimer - Privacy Policy - Sitemap - Feedback - About us - Terms of use - Grievances