This is three and a half times the loss in the same quarter a year ago.
Following the entry of Tata-SIA and AirAsia into the Indian aviation market, the domestic aviation industry is seeing increased interest from private entities.
The airline has already decided to lease out an A330 to Etihad and plans to lease out two more this year.
But the Abu Dhabi-based airline would first bolster its own network with traffic from India before Jet's turnaround.
Experts say the margin was impacted primarily because of currency depreciation, rise in the price of aviation turbine fuel and pressure on account of fare wars in the home market.
If the Murari Lal Jalan-Kalrock Capital combine can script a turnaround, it will have pulled off a bigger coup than Ajay Singh did with SpiceJet in 2014.
Air India Express along with SpiceJet and Jet Airways is one of the three main targets for Boeing in the country as it promotes its new 737 MAX aircraft, which is scheduled to enter commercial operations in 2017.
The aviation authority is concerned about financial health of Air India, Spicejet and Jet Airways.
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Unlike Air India and Jet Airways, which have revised downwards free check-in baggage allowance on domestic flights, GoAir has made provisions for pre-purchasing excess baggage limits.
With a debt of several thousand crore rupees, there's no chance the government can attract any buyer unless it cleans up the balance sheet, says Anjuli Bhargava.
Both Vistara and AirAsia India, along with their partners, are quietly putting together an aggressive plan to become a formidable force in the skies. At the core of this new push is their plan to go international this financial year.
The apex court asked the government to get back by March 9 about the policy.
It and Vistara both book slots here; former also likely to launch Mumbai flights from early 2015.
The civil aviation ministry received 20 applications and it granted NOCs to sixteen companies between 2009 till now
For international travel, frequent flyers look at network and Air India's global network is weak.
The full-service airline has faced multiple challenges in its run.
Whether it's about colonising Mars or donning Net-connected apparel, 2022 is a year everyone seems to be planning for, says Nivedita Mookerji.
Some airlines, says Anjuli Bhargava, are convinced there's a conspiracy to malign them.
Tata-SIA will kick off with full-service domestic operations.
Jet Airways (India) Ltd hopes to minimise the impact of a sharp rupee depreciation by growing its international network over the next few months.
The Jet Airways of old is no more and the industry mourns its demise. Anjuli Bhargava reports.
ATF for domestic carriers has become 11.22 per cent cheaper since October and is expected to see more price cuts in the next three months.
Airbus is now confident of crossing 1,000 net orders (excluding cancellations or conversions from previous orders) in 2014.
IndiGo's passenger load factor, at 67% in July, fell six percentage points from the same month last year.
The Civil Aviation Ministry is looking to increase air seat entitlement to Dubai by 20%.
Qatar Airways might infuse $200 million in debt and equity in SpiceJet.
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.
The response to the sale has been overwhelming.
The civil aviation ministry appears supportive of SpiceJet because it does not want another airline to fail. The real test now will be the capacity of the airline's chairman, Kalanithi Maran, to raise funds. And he needs to do this quickly.
Sources in the know confirmed Vistara, the joint venture between Tata Sons and Singapore Airlines, had booked six slots at the airport in New Delhi, adding it was ready to fly once it secured the government's nod.
As fliers find themselves spoilt for choice, airlines are looking at ways in which to position themselves distinctively.
The $100 billion Tata group conglomerate is a major beneficiary of the decision to open up aviation in India.
GoAir hopes to fly 15 million passengers by 2016-17, serve 30 destinations, up from 21 now, and will largely remain a domestic airline.
Vistara was launched on January 9.
Etihad to have 2 directors even if it dilutes stake to 15%
Indian airlines currently are required to have a minimum fleet of five aircraft and five years of operational experience for starting international services.
But its sales pitch will remain muted till India opens up more seats on the route
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