Indian airlines to return to profit in FY2014: Merrill
Bank of America-Merrill Lynch upgrades Jet Airways and SpiceJet to 'buy' from 'underperform', saying improving industry trends such as signs of ticket price hikes and reduced capacity will improve pro
Air India likely to resume key international routes by month-end
National flag carrier Air India which was forced to scale down its international operations massively following the recent two-month strike by a section of pilots will resume most of its internatio
British Airways to pay Rs 2 lakh for off-loading passenger
British Airways has been ordered by a consumer forum here to pay Rs two lakh as compensation to a woman passenger for not telling her in advance that she needed a transit visa for London en route t
Spicejet flies in the black, net up Rs 56 crore in Q1
After being in the red for five consecutive quarters, budget carrier Spicejet flew back into profitability reporting a net profit of Rs 56 crore in the June quarter as against a loss of Rs 71.96 cr
What's at stake for Vijay Mallya if Kingfisher fails?
If liquor baron Vijay Mallya's Kingfisher Airlines fails, lenders owed $1.4 billion may end up with a small stake in his spirits business, a modest office building, the carrier's brand and not a lot e
High costs, low airfares causing airline losses: Naresh Goyal
Steep operational costs and low air fares in India are causing sustained losses for domestic airlines, Jet Airways chief Naresh Goyal said on Wednesday.
"While the growth outlook for our industr
GoM approves compensation package from Boeing
A Group of Ministers (GoM) on Wednesday approved a compensation package sought by Air India from US aircraft maker Boeing for a four-year delay in delivery of Boeing 787 Dreamliner planes.
It would consider with sympathy sacked pilots’ plea: AI to HC
The Air India management on Monday told the Delhi High Court that it has revoked the sacking of nine of the 101 pilots and would sympathetically consider the other cases, which would be decided within four to six weeks.
CISF cadets reach for skies
It was an adrenaline rush at the Central Industrial Security Force (CISF) regional training centre at Arakkonam where the first batch of aviation security trainees’ passing out parade took place on Sa
Airport privatisation takes wings
Privatisation appears to be stalking Chennai airport. While private players man six airports in the country, including Delhi, Mumbai, Bengaluru and Hyderabad, the airports at Chennai and Kolkata are s