Kingfisher Red topped the list of loss-makers with Rs 79,8.34 crore (Rs 7.98 billion).
The only two truly successful private airlines in India - Jet Airways and IndiGo - have been set up and run by people who knew the ins and outs of the trade well before they took to the skies.
Hyderabad-based Turbo Megha Airways takes off, promising affordable fares and other benefits.
In the crowded Indian skies with over half-a-dozen well-established national carriers, Thiagarajan has a tough challenge ahead of him.
India has pulled out of the World Cadet Chess Championship scheduled to be held in Egypt from October 14 to 23 in view of the situation in Gaza
Stressful work schedules and limited growth opportunities are taking a toll on a large number of senior professionals in airlines.
SpiceJet has failed to 'establish safe, efficient and reliable air services' under the terms of Rule 134 and Schedule XI of the Aircraft Rules, 1937, the notice issued by the DGCA stated.
"We offer our sincere regrets to the affected family for the unfortunate experience and as a small token of our appreciation of their lifelong dedication would like to offer to purchase an electric wheelchair for their son," he added.
Faced with a 10 to 15 per cent fall in passenger traffic, business class travel is coming down to earth. For the first time, Jet Airways and Paramount are introducing apex (advance purchase) fares and Kingfisher and state-owned Air India are offering free travel for spouses to boost bookings for this premium service.
'The right engine of GoAir flight G8 802 from Ahmedabad to Bengaluru is suspected to have suffered from a foreign object damage (FOD) while on take-off roll,' the airline said.
Paramount Airways and Club One Air make different promises. Will they fly the long distance?
The Bhopal MP was was asked to move to a non-emergency row seat as she was on a wheelchair but she refused, causing the flight to delay of almost 45 minutes. Ultimately, she acquiesced and moved.
M Thiagarajan of Paramount Airways straddles across the aviation sector like a giant. At 29, he is the promoter, chief executive officer and managing director of one of India's best-run airline that made operational profits within two years of starting business.
For Jet's revival, Mr Jalan should be on the scene long enough for everyone to get to know him, appreciate his skills, and not vanish into thin air within a matter of months or even weeks, observes Anjuli Bhargava.
Russian defence aerospace major Sukhoi is close to bagging its first civilian Indian client with its regional 60- to 90-seater jet Sukhoi Superjet 100.
In a written reply to the Rajya Sabha, Civil Aviation Minister Vayalar Ravi said Vijay Mallya-promoted Kingfisher Airlines along with Paramount Airways did not settle dues on a regular fortnightly basis.
Paramount Airway's Managing Director M Thiagarajan insists that his is the only profitable airline in the country, but refuses to share the company's balance sheet with the media.
The pilots and other senior staff have not been getting their full salaries since December.
'It is very clear that Air India cannot be managed by the government.' 'Air India should be run as a separate profit entity.'
'The business continuity clause will mean the Tatas will have to keep running the airline for three years, and cannot exit the flying business.'
A technical problem with an Air India Dreamliner from Kolkata led to an overnight ordeal for around 130 passengers who reached New Delhi after a 13 hour delay.
Even low cost carriers IndiGo, Paramount Airways are now in talks to join the Jet Airways-Kingfisher Airlines alliance to cut costs. After Kingfisher took over Air Deccan, fares have gone up steadily. Other low cost carriers have also hiked fares.
After gaining access to the airfield, the unarmed intruder then entered a C-40 aircraft from the 89th Airlift Wing, known as the "presidential wing," officials said.
United India Insurance chief G Srinivasan has taken up the additional charge of CMD.
Carrier in denial, even as Paramount looks for a buy.
The audit was ordered after one of the airline's planes plunged several thousand feet while flying over the Turkish airspace on the Brussels-Mumbai route early last month.
The Aircraft Acquisition Committee of the civil aviation ministry, which approved the IndiGo request in principle, also gave similar approval to a proposal of the Chennai-based business class airline Paramount Airways to acquire 10 aircraft from the Canadian aircraft manufacturer Bombardier and European ATR, official sources said.
Though the Mumbai and Delhi airports still rule the domestic aviation market, the share of the two in overall traffic is falling. In 2006-07, the two airports collectively handled 40.6 per cent of all domestic passengers; in 2012-13, their share fell to 37 per cent.
IndiGo and Paramount Airways managed to register profit during the last fiscal.
Aviation regulator DGCA has suspended two pilots of Tata Group's Taj Air, a non-scheduled airline that flies Chairman Emeritus Ratan Tata and Chairman Cyrus Mistry among others, for allegedly falsifying medical records.
After allowing FDI by foreign carriers in their Indian counterparts, the government has put in place provisions to prevent Indian airlines from being controlled and managed by the foreign investor.
India on Saturday 'strongly pressed' the Russian and Ukrainian governments through multiple channels for an immediate ceasefire in Sumy to ensure a safe passage for around 700 Indian students stuck there as it keeps focus on their evacuation from the war-hit city in eastern Ukraine.
The secret behind Singh's success was that he mostly set about undoing all the mistakes made by the Marans, points out Anjuli Bhargava.
Air India is a brand, a brand symbolising the nation, especially amongst the Indian diaspora and travellers overseas.
'Industry observers are certain the next attempt will succeed even if they have to browbeat someone into buying as the government has put its might behind it,' predicts Anjuli Bhargava.
Several changes have been carried out in the existing rules or Civil Aviation Requirements, including one which clearly states that a passenger airline 'shall not enter into an agreement with a foreign investing institution or a foreign airline, which may give such foreign investing institution or foreign airlines or others on behalf of them, the right to control the management of the domestic operator.'
Paramount Airways will introduce two daily flights between Chennai-Hyderabad and Chennai-Bangalore starting April 19.