Beleaguered Kingfisher Airlines said on Thursday that its lenders have not started recovery proceedings after a bankers' meeting earlier in the day.

The loss-making carrier, saddled with debt of $1.4

Lenders to Kingfisher Airlines have given the beleaguered airline 15 days to come up with 'concrete steps' to improve its operations, a senior executive at its lead bank said on Thursday.

Lenders to debt-ridden Kingfisher Airlines on Thursday hinted at selling the carrier's two properties in Mumbai and Goa worth Rs 120 crore to recover a part of the loan worth over Rs 7,500 crore.

Acc

The 58-day protracted strike by Air India pilots was called off tonight after the Delhi High Court asked them to join duty within 48 hours and the management to sympathetically consider their grievanc

Boeing has projected a USD 4.5 trillion market for 34,000 new airplanes over the next 20 years as the current world fleet doubles in size, with robust growth in China, India and other emerging markets

Striking Air India pilots will report back to work from Wednesday after they called off their 58-day protracted strike following the Delhi High Court's order to join their duty within 48 hours.

Agitating Air India pilots on Tuesday said they would consult their lawyers before they called off their almost two-month-long strike, soon after the Delhi High Court asked them and airline management to arrive at a settlement.

Karnataka Chief Minister D.V. Sadananda Gowda has strongly opposed any move to shift ‘Aero India’, a prestigious airshow, out of Bengaluru, asserting that the issue of air space management can be sort

The Delhi Court on Tuesday directed the Alliance Airlines to constitute a medical board to assess the fitness of one of its air hostesses, sacked for being over-weight.

Salome Singsit had challenged

Agitating Air India pilots told Delhi High Court that they will call off their strike with immediate effect.

AI management also assured court that it will sympathetically consider the pilots' grievan