PM may ask FinMin to consider lowering excise tax on jet fuel ... Read more

Interestingly, Kingfisher Airlines chief, Mr Vijay Mallya, did not attend the meeting which saw the presence of Top officials of all the Domestic Airlines ... Read more

Airlines asking for the date to be pushed back by at least two months to February 1 ... Read more

The meeting has been called to resolve the airlines’ financial health and discuss the issues in general ... Read more

The struggling airlines has sought permission from the Directorate General of Foreign Trade to import fuel directly to avoid the steep sales tax levied by states ... Read more

The RBI has approved extension of the tenure of loans to troubled state-run carrier Air India by five years with the loans now being due for repayment after 15 years ... Read more

The airline says its lessor Aercap to take back 2 planes ... Read more

Asked if the slots may be transferred from defaulting airlines to other carriers, the official said this would be decided after the airports submit their report ... Read more

However, airlines must contend with insufficient infrastructure and challenging political bureaucracy in India ... Read more