AI is currently going through a debt restructuring process as it looks to clean up its balance sheet with SBI capital managing its overall debt recast and govt considering more investment into state-run carrier
Analysts said profits were also boosted by a reversal of depreciation costs
The government agreed to inject $1.1 billion into Air India if the ailing carrier came up with the same amount in cost cuts and extra revenue.
World Cup finals could mean a multi-million-dollar windfall for airlines as thousands of extra fans flock to Johannesburg's Soccer City
Air India plans to hire some senior executives, including a Chief Strategy Officer and a Chief Operating Officer for its low-cost international arm Air India Express
Dubai's Istithmar on Tuesday sold its 6.9 per cent stake in low-cost carrier SpiceJet for $25.3 million, according to sources
Italian carrier Alitalia will join Air France-KLM and Delta Air Lines' joint venture
From caparisoned elephants carved in sandalwood to spice packets, Delhi's new terminal sports a visual vocabulary merging international design elements to present a unique Indian impression to visitors
PM:The aviation industry is poised to grow six times its present level in the next decade
Delay in grant clearance holds back Mumbai's second airport project
Spread over 4 kms, Delhi's brand new T3 is said to be the sixth largest in the world
Spicejet has a fleet of 20 aircraft and plans to add another five this fiscal
Mahindra said the group is open to inorganic opportunities to grow its aerospace business
Aviation firm Jet Airways has received various proposals to develop its land in Bandra-Kurla Complex in Mumbai
Maran launched open offer for Rs 479 cr two days after agreeing to buy 37.73%