Currently, foreign airlines are not allowed to directly invest in Indian carriers for security reasons. However, 49 percent of FDI is allowed by non-airline players ... Read more

Also asks for a revision of guidelines under which all airlines have to earmark a share of their seats for services to the North-East and Jammu and Kashmir ... Read more

More than 20,000 travelers were left in the lurch by Spanair's decision to cease flight operations early Saturday with only a few hours' notice ... Read more

Move follows letter from German lessor saying dues were not being paid on time ... Read more

Also plans to increase its weekly frequency to three flights from New Delhi in May 2012 ... Read more

At present, the Airline operates flights from Chennai to Kuala Lumpur ... Read more

The threatened strike may also jeopardise Kingfisher's plan to join the One World Alliance - a group of several global airlines - next month ... Read more

Airline's plans for its recapitalisation, restoring its curtailed services and the steps being taken by it on safety issues came up for in-depth discussion ... Read more

Airlines facing huge losses are contemplating various measures, including reduction in commission payable to travel agents and other agencies; Fears of a zero percent regime looming ... Read more

To rename JetLite as Jet Airways Konnect by April; also plans to sell & lease back 10 Boeing 737 to raise capital & decrease its debt ... Read more