Almost all Indian airlines like SpiceJet, IndiGo, GoAir, Jet Airways and Air India, have been offering discounted fares on domestic sectors almost on a month-to-month basis.
Only a 5-year-old airline with 20 planes is allowed to fly abroad.
Vistara needs to launch more aircraft into service.
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.
Bank shares were the top gainers led by ICICI Bank.
2015 will witness exciting new car launches that will prompt you to buy at one of them.
Reliance Industries was the top Sensex gainer up 5.6% after the company reported better-than-expected net profit growth at 12% in the second-quarter aided hby higher gross refining margins.
The full-service airline has faced multiple challenges in its run.
All sectoral indices, led by realty, PSU, oil & gas and banking, were in positive zone with gains of up to 1.25 per cent.
The biggest challenge is not the airline's debt, but downsizing its 16,800 employees, says Surajeet Dasgupta.
After due deliberations, the lenders have decided to seek resolution for Jet Airways under the bankruptcy code since only a conditional bid was received.
The S&P BSE Sensex shed 286 points to close at 24,539 and the Nifty50 lost 100 points to end at 7,456.
Sensex in green, midcaps, smallcaps fail to show up; bluechips rule.
Life of air passengers was different in the 1970s.
Given the cost structure in the country, it won't be easy for AirAsia to offer 'Nano' fares and still make money.
Airbus recently bagged large orders from Indian airlines such as Indigo and Go Air.
A financial turnaround with the Etihad partnership and debt restructuring has not fully materialised.
Vistara announced the new fare model giving its economy class customers the choice to forego complimentary meal for a ticket price which is Rs 500-1000 cheaper than the standard fare.
Experts said the risks associated with the Indian Experts say that aviation sector would keep investors away from airline stocks.
'I asked a group of uniformed high school kids: Who was the one Kashmiri they admired?' 'I shouldn't have been surprised by the answer,' says Sunil Sethi.
Markets ended weak tracking the expiry of April derivative contracts.
Foreign carriers to pick up staff from cash-strapped SpiceJet.
Pharma major Lupin and mortgage lender HDFC were the top losers.
Vistara has poor load factors currently, it needs to bring down fares a bit to improve flight occupancy.
The first set of routes that it will launch internationally will be the routes that can be flown by its existing aircraft, the A320s, which will be routes within three, three-and-a-half hours of India
Investors engaged in profit booking in the recent gainers at attractive and higher valuations.
Top gainers from the Sensex pack are Infosys, Cipla, NTPC, ITC and Lupin
The civil aviation ministry received 20 applications and it granted NOCs to sixteen companies between 2009 till now
SBI, PNB, Bank of Baroda, Canara Bank, Dena Bank, Central Bank of India ended down 3%-12% each.
Vistara reported a passenger load factor of 45.4 per cent.
Inching closer to launch its operations, new no-frill carrier AirAsia India on Saturday took delivery of its first Airbus A-320 as it landed in Chennai after flying in from Toulouse headquarters of the European aircraft manufacturer.
One of the smallest players in India's car market, it is banking on new-look Etios to make inroads into the personal vehicle segment
Growth in the eight core sectors jumped to 8.5% in April, due to a sharp pick-up in refinery products and a commensurate rise in electricity generation.
India needs 1.4 million hotel beds a night but has only 2.4 lakh, points out Rahul Pandit, MD and CEO of Ginger Hotels.
A glance back at some of the important ups and down Indian Inc faced in 2018.
About two dozen car & SUV models and two-wheelers lined up for launch
The Ambassador was a durable enough brand to outlive the licence raj.
26/11 survivor Anamika Gupta on her unforgettable encounters with the terrorists.
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