No-frills carrier SpiceJet is in active discussions with Singapore-based budget carrier Tigerair for a possible stake sale even as they are set to sign a code share agreement soon.
Jet Airways, part-owned by Abu Dhabi's Etihad, reported its biggest-ever quarterly loss as costs jumped and it took a charge on its investment in a subsidiary.
Enormous debt isn't the only thing afflicting Air India. Its work culture is an equal culprit in its downfall.
Revamping Indian Railways will need bold thinking, and lots of money and time. And all three may be scarce, points out T N Ninan.
According to the Icra report, earnings before interest, tax, depreciation and amortisation margin of its sample declined by 44 basis points on a YoY basis and 23 basis points on a quarter-on-quarter basis to 16.6 per cent.
An Indigo plane from Delhi with 182 people on board caught fire on Saturday while landing at Kathmandu airport but all passengers and crew escaped unhurt after they were safely evacuated.
Under the FFS, concession is given to employees of the airline in which they can take their family to a domestic destination once a year at subsidised cost.
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 account turned bad before Chaudhari took over as SBI chairman and the asset was sold to AARC following an open bidding process, months after Chaudhari retired, explains Tamal Bandyopadhyay.
For international travel, frequent flyers look at network and Air India's global network is weak.
Prabhat Kumar, who has been appointed as the DGCA chief three months ago, is taking steps to ensure safety of passengers.
Shyel Trehan, an alumna of the 2000 batch of the National Law School, was one of the organisers who managed this near impossible achievement.
This optimism is triggered by the feel-good factor in the wake of the Sensex touching record-high levels last week and a slew of discount offers by airlines to boost travel demand.
Most tour operators offer accommodation to suit different budgets.
Qatar Airways might infuse $200 million in debt and equity in SpiceJet.
With the inauguration of a direct flight from Delhi to Srinagar, Deccan Aviation, which operates Air Deccan, on Tuesday announced that the low-cost airline would concentrate on increasing the connectivity within Jammu and Kashmir.
In the international sector also, India has seen major expansion by carriers.
The employees associated with various unions of AAI have formed a joint forum and started the three-day-long strike in front of the Civil Aviation Ministry at Rajiv Gandhi Bhawan here and at AAI offices across the country.
GoAir hopes to fly 15 million passengers by 2016-17, serve 30 destinations, up from 21 now, and will largely remain a domestic airline.
Air India's home market share has fallen from 19.8% in January to 18% in July.
Air India stares at an operational loss of Rs 2,171 crore in 2014-15.
There has been, a nominal increase in the aircraft maintenance cost.
