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Latest Articles in aviation

SpiceJet Sees Improving Outlook Despite Profit Plunge

SpiceJet's average fares rose 25 per cent from the previous quarter despite a 16 per cent rise in capacity in terms of seat kilometers

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IndiGo Reports Rising Airfare After Year Of Declines; Shares Take Off

Investors welcomed the news, with InterGlobe Aviation Ltd shares rising as much as 5 per cent to their highest in three weeks

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Suresh Prabhu Inaugurates Global Aviation Summit 2019 In Mumbai

The aviation industry in India has been experiencing exponential growth with the domestic aviation market growing at 20 percent annually for the last four years

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Jet Airways Shares Jump After Report Chairman Likely To Step Down

Jet was likely to finalise a resolution plan with its lenders this week, and that Goyal would trim his 51 percent stake to 20-25 percent and agree to voting rights on his stake being capped at 10 percent, in a bid to save the debt-laden carrier

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Indian Banks Propose $900 Million Turnaround Plan For Jet Airways

The financial woes of Jet, India's biggest full-service carrier by market share, worsened in 2018 amid rising oil prices and intense pricing competition in the Indian skies

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Timeline: The Turbulent Journey Of Jet Airways

The Tata conglomerate is now likely to be the potential white knight for the debt-laden company, but no proposal has been made yet

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Indian Aviation In Crisis

A fine balance will need to be maintained between pricing and costs to ensure the industry returns to profit and lives up to its potential as the world’s third largest market in the next decade

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Tatas To Go Slow On Deal To Acquire Debt-Laden Jet Airways: Reports

Directors are asking for more details on the deal at the next board meeting, expected in the 3rd week of December

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Air India Has A New Card Up Its Sleeve After Many A Flop Idea

The debt-ridden airline has decided to keep only a small portion in the building for booking and other activities and lease the remaining space

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SpiceJet Launches Dedicated Air Cargo Services SpiceXpress

To operate on domestic and international routes; Inducts its first Freighter Aircraft

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Aviation: Partners On The Ground

Opening up several airports to private ground handlers via competitive bidding will mark the next growth story for the civil aviation market

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Govt Plans Policy For Biofuel Use In Aviation Sector

Civil Aviation Minister Suresh Prabhu said efforts are on to have a consumer-friendly, affordable and environment-friendly aviation sector

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Indian Government Seeks Parliament Nod For $143 Million Capital Injection In Air India

Air India, which employs some 27,000 staff, said this month it was seeking a short-term loan of Rs 10 billion ($148 million) so it can continue day-to-day operations

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Centre Plans To Sell Air India Building

The proposal to sell the building to state-owned Jawaharlal Nehru Port Trust (JNPT) also comes after the government’s efforts of Air India strategic disinvestment failed to take off

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