Aviation Industry

Jet Airways reports $329 million full-year loss

For the final quarter of the year, Jet said it lost 17.29 billion rupees, down from last year`s 21.54 billion rupees, its worst-ever.

May 29, 2015, 19:01 PM IST

Is AirAsia making the best use of its 171 aircraft?

AirAsia`s rapid network expansion and huge plane orders aimed at meeting what CEO Tony Fernandes once described as "amazing" demand are in the spotlight after the carrier fell into the red for the first time since 2008.

May 27, 2015, 17:07 PM IST

Cidco hopes to begin work on Navi Mumbai airport by April next

"We have already started the ground work for the airport. We are inviting bids for hill cutting. We believe the airport will be commissioned by 2019," the official said.

May 24, 2015, 12:28 PM IST

Jet Airways misled on reason for delay, claims flyer, moves: DGCA

A Jet Airways spokesperson confirmed that the two-hour delay faced by the May 13 flight was due to the non -availability of flight crew.

May 17, 2015, 16:27 PM IST

AirAsia India wants foreign flying clarity before expansion

The new government has not been successful in pushing ahead with plan to relax 5/20 rule despite the fact that this was one of the initial reforms mooted by them.

May 17, 2015, 16:00 PM IST

AI turns to banks, FIs for financing Dreamliner purchase

As per the agreement, the airline is required to make an advance of 10 percent of the gross cost of the aircraft 12 months prior to its scheduled delivery.

May 15, 2015, 16:58 PM IST

Boeing says efficiency supports strong outlook, despite hurdles

Boeing stock was down 0.2% at $145.61 in afternoon trading.

May 13, 2015, 10:43 AM IST

Raju assures all help to domestic aviation to resolve issues

Civil Aviation Minister Ashok Gajapathi Raju on Tuesday assured all help to the industry in resolving issues being faced by the domestic aviation sector and called for fast-tracked decisions to spur growth.

Feb 03, 2015, 19:52 PM IST

Marans' goodbye to SpiceJet is a 'good buy' for Singh: Experts

Former SpiceJet co-promoter Ajay Singh's decision to acquire the ailing carrier from Maran family is a "good buy" said it also bodes well for the entire aviation industry, experts said on Friday.

Jan 16, 2015, 23:06 PM IST

High taxes, rising costs check growth of Indian aviation: IATA

High taxes on fuel and rising operating costs were acting as a constraint to the growth of the aviation industry in India, global airlines' body IATA said Wednesday.

Dec 10, 2014, 18:41 PM IST

State govts should rework tax structure on jet fuel: Centre

The Centre has urged all state governments to rework the tax structure on jet fuel in the interest of the aviation industry and has received "positive" response from some states.

Sep 16, 2014, 16:37 PM IST

Aviation minister cracks down on nepotism

Days after taking over the reins of the ministry, Civil Aviation Minister Ashok Gajapathi Raju is learnt to have objected to the employment of relatives of several officials in the aviation sector and asked all departments to come out with details.

Jun 15, 2014, 19:01 PM IST

GoAir plans to increase capacity by 21%

Wadia group-owned budget carrier GoAir plans to enhance capacity by 21 percent in this fiscal by expanding its route network across metro and non-metro cities and higher aircraft utilisation.

Jun 08, 2014, 19:46 PM IST