Boeing and Airbus expect Indian airlines to order up to 1,740 jets over the next 20 years
Boeing and Airbus expect Indian airlines to order up to 1,740 jets over the next 20 years, as aircraft manufacturers eye one of the world`s fastest-growing aviation markets to offset any weaker sales elsewhere.
Mar 18, 2016, 18:47 PM IST
Airlines flying towards record $33 bn profits: IATA
The aviation industry is set to post a second consecutive year of net profits in 2015, nearly doubling them to USD 33 billion (30.1 billion) thanks to low fuel prices, its trade association said Thursday.
Dec 10, 2015, 21:50 PM IST
New draft civil aviation policy announced today aims at reducing cost of flying for middle class
The new Aviation Policy draft, which was announced today aims at increasing connectivity and cut cost of flying between smaller cities.
Oct 30, 2015, 10:12 AM IST
Much awaited draft aviation policy likely to delayed further
The much awaited draft aviation policy is likely to be delayed further as certain provisions including easing of international flying norm for domestic carriers, are expected to be reworked.
Aug 26, 2015, 21:26 PM IST
Global investment not threat but lifeline: Etihad CEO
Global investment is not a threat but a lifeline for aviation industry, UAE's flag carrier Etihad Airways has said, in the wake of its record USD 643 million investment in Alitalia to revitalise Italy's national airline.
Aug 26, 2015, 14:10 PM IST
India needs 1,740 new aircraft worth $240 bn in next 20 years: Boeing
Raising its forecast for the Indian market, Boeing Wednesday said the country will need 1,740 new aircraft worth USD 240 billion over the next 20 years.
Aug 12, 2015, 19:09 PM IST
No plans to enter commercial aviation: Mahindra
Denying any plan to venture into commercial aviation, Mahindra & Mahindra (M&M) today said that it's aerospace business remains restricted to manufacture of utility aircraft and aerostructures.
Jul 23, 2015, 21:29 PM IST
Govt completely rewriting civil aviation policy: Official
After being in the works for a long time, the government is "completely rewriting" the civil aviation policy to address concerns of the stakeholders.
Jul 14, 2015, 21:30 PM IST
SpiceJet inducts first Airbus plane
SpiceJet, which is into operations for over ten years now, has for the first time inducted an Airbus plane in its fleet as so far it was depending on Boeing's narrow body B737s and Canadian Bombardier Q400.
Jun 23, 2015, 23:33 PM IST
Etihad Airways says not in talks to raise stake in Jet Airways
Shares in Jet closed up 2.44 percent on Tuesday against a 0.27 percent rise in the benchmark. A spokesman for Jet did not immediately respond to a request for comment.
Jun 23, 2015, 17:59 PM IST
Propelled by summer bookings domestic air travel clocks profit
All Indian carriers together ferried a total of 71.27 lakh passengers in May as compared to 60.22 lakh passengers during May 2014, according to Directorate General of Civil Aviation (DGCA) data for the month.
Jun 19, 2015, 17:36 PM IST
Vistara adds Bengaluru to its network; to fly daily to Delhi, Mumbai
Bengaluru will be the 10th destination for the Tata-Singapore Airlines JV.
Jun 15, 2015, 17:47 PM IST
CIAL reports 144.58 cr PAT in FY'15
The board of directors recommended a dividend of 21 percent. It also decided to convene this year's annual general body meeting on August 18.
Jun 12, 2015, 17:33 PM IST
IATA talks to consumer forums on transparent laws
"Looking at the nature of some of the regulations being produced, it seems that some governments are ignoring basic commercial principles. They are producing regulations that do not address the root causes of many travel disruptions. In light of this, IATA and the airlines need to contribute a new perspective to the conversation on consumer protection," he said.
Jun 11, 2015, 13:24 PM IST
SpiceJet to expand fleet after regaining consumer confidence
"We were at a phase where the airline was actually shut down. The focus is now on getting back consumer confidence and we will work on that for a few more months," he said.
Jun 07, 2015, 20:29 PM IST
Easing of 5/20 norms should not hit established carriers: Singh
"The government should seriously look at it (5/20 norms) before taking a decision (to modify it). It needs to be ensured that existing (or established) players are not penalised," SpiceJet's chairman and managing director Ajay Singh said.
Jun 06, 2015, 21:23 PM IST
New civil aviation secretary holds Air India review
"The ministry feels that the situation in the aviation industry has undergone a sea change since 2012 when Air India's TAP was put in place for 10 years and this requires that the plan be revisited," a government official had said.
Jun 06, 2015, 18:06 PM IST
Jet Airways offers limited period discount on international tickets
"Jet Airways' guests can now avail of this very attractive global fares offer to plan their international travel in advance, given the flexibility and long-term validity," Jet Airways' chief commercial officer Raj Sivakumar said.
Jun 01, 2015, 17:20 PM IST
Axe to swing as Malaysia Airlines tries to start fresh
Mueller, in an email to staff last month, had warned that a major overhaul was necessary as the airline was weighed down by "uncompetitive cost levels" that he said were 20 percent higher than its rivals.
Jun 01, 2015, 13:57 PM IST
AirAsia India flies into Rs 19 cr loss in March quarter
In a filing made by AirAsia Berhard to the Malaysian stock exchange, AirAsia India incurred a loss of Rs 19 crore in the three months ended March 2015 while revenue stood at Rs 74.39 crore during the same period.
May 31, 2015, 14:39 PM IST
