Those who book tickets at discounted fares but later decide to check-in luggage would have to pay a fee.
The auditors, B K Ramadhyani & Co, questioned the accounting method used by the airline to calculate costs incurred on maintenance and repair of aircraft.
IndiGo is arguably more a financial services company than airline.
The Boeing 787-8, which costs $185.2 million is a long-range, mid-size wide-body, twin-engine jet airliner.
Speaking to Business Standard, Jet Executive Director Saroj Datta said: "SpiceJet and JetLite are an absolute fit in so far as their business models are concerned."
The DGCA cracked the whip after an IndiGo flight bound for Lucknow returned to Ahmedabad within 40 minutes of its getting airborne due to a mid-air engine failure.
In India currently, Air India, Jet Airways and its subsidiary JetLite are members of the IOSA and conform to the safety standards set by this audit on a regular basis.
Bangalore's new airport will be ready on March 7 to receive the first commercial test flights. It plans to start commercial operations on March 28 or 30, soon after Hyderabad's new airport does so on 16 March.
Another reason working in Air India's favour now is the government's plan to clean up part of the airline's burgeoning debt from its books - a major deterrent for investors when it attempted divestment the previous time.
United Arab Emirates-based low cost airline Air Arabia will operate seven additional flights from Mumbai to Sharjah from September 7-15.
Government-owned and financially ailing AI has been dropping its economy class fares to the level of low-cost carriers.
The Air India board has cleared a proposal for sending its pilots on deputation to its budget arm, Air India Express, which has been facing shortage of commanders for some time now.
The airline is currently conducting the exercise to have 30-50 pilots and 50 cabin crew on board in the next few days. It became the third largest carrier by flying 4,41,000 passengers in November with a market share of 14.7 per cent.
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Observing that the prime reason for these losses was high fuel cost which constituted almost 40-50 per cent of an airline's total costs, Civil Aviation Minister Ajit Singh said the aviation turbine fuel (ATF) prices were high due to rising base price and "very high VAT imposed by state governments."
Low-cost carrier IndiGo on Wednesday said it will add 14 new Airbus A320 aircraft in its existing fleet of 38 in 2011-12 as it gets ready to launch its international operations in August-September.
LCCs said apart from higher charges, which they had to fork out, there was also fear they might lose their on-time performance records.
Indian Airlines is ready to operate flights from Delhi to Kabul and from Mumbai to Karachi subject to necessary clearances from the Indian government.
Jet Airways returns to profit after seven straight quarterly losses
The additional stake will cost the promoters Rs 312 crore (Rs 3.12 billion).
According to media reports, Qantas Chief Executive Alan Joyce said the result was unacceptable and the company would slash 5,000 full-time equivalent positions.
While four of the directors would be nominated by Tata Sons, the other two would be representatives of Singapore Airlines.
The Jet Airways of old is no more and the industry mourns its demise. Anjuli Bhargava reports.
However, Federation of Indian Airlines will continue to function and its other members are not pulling the plug yet, industry sources said.
Jet and Etihad stand to benefit from cost savings and synergies in areas such as fleet acquisition, maintenance and training.
Concerned about the deteriorating financial and operational performance of the Kalanithi Maran-promoted airline, the DGCA had on Friday withdrawn 186 flight slots of SpiceJet and directed it not to take bookings for flights beyond a month.
Despite adequate capacity, the India-Gulf market has been growing at a steady pace. Traffic from India to the Gulf increased by 30 per cent last year, while international traffic growth average was 15 per cent.
'By August 2018, it was evident that Jet was heading into serious financial trouble.' 'Why didn't the DGCA stop all advance bookings right there and then?' asks Anjuli Bhargava.
AirAsia may breakeven by June this year.
Unveiling its plans to expand fleet size to 50 aircraft by year-end, low-cost airline SpiceJet on Wednesday said it will start flights to six new foreign destinations, including Afghanistan, China and Hong Kong, by October-end.
Passengers flying to West Asia can soon see fares going down by 10 to 30 per cent as Indian domestic operators such as Jet, its low-cost carrier (LCC) Jet Lite and Air Deccan are all set to fly to this market.
The airline has already decided to lease out an A330 to Etihad and plans to lease out two more this year.
Airfares are at an all-time low because of fall in crude oil prices.
Shares of Jet Airways on Wednesday tanked over 10 per cent in the morning trade as the airline has posted its highest-ever annual loss of Rs 4,129 crore (Rs 41.29 billion).
There are both positive and negative impacts of the tax, but the net result for India's infrastructure sector is advantageous, says Vinayak Chatterjee.
On December 31, SpiceJet's accumulated losses had grown to Rs 3,233 crore.
Air France pilots went on a four-day strike over pay cuts on Saturday that could disrupt transport plans for football fans on the second day of Europe's soccer championship.
In a fresh trouble for the budget carrier SpiceJet, aircraft lessors have approached the aviation regulator DGCA, seeking its permission to repossess 11 Boeing planes of the airline, even as its revival plan is under review of the Civil Aviation Ministry.
