The airline will be inducting large number of A321s this year which will be largely used on international routes and high density domestic routes.
Mirroring the state of Indian economy, petroleum product consumption rose 1.8 per cent to 82.48 million tonnes in the first 11 months of the current fiscal as opposed to 81.05 million tonnes sales in the same period last year.
Various airlines, including the defunct Kingfisher, owed Rs 3,030 crore (Rs 30.30 billion) to the Airports Authority of India (AAI) at the end of December last year.
During this 24-hour "lock-in period", passengers would be able to make correction in name or amend the travel date free of cost
IA may be hurt badly in case of a US attack on Iraq, which would lead to a massive increase in insurance premium and an additional burden of an estimated 25% hike in ATF prices.
The response to the sale has been overwhelming.