Indigo has gained reputation for punctuality and last year the privately held airline made a profit of about Rs. 600 crore ... Read more

It said that the ATF which constitutes for about 40 per cent of the total operating cost of an airline, attracts sales tax between four per cent and 30 per cent in different states ... Read more

Warns that the company needs to raise money in order to meet its obligations and fund JetLite, its loss-making subsidiary whose net worth has already been eroded ... Read more

The TVC is set in a Broadway style more like a runway musical ... Read more

Domestic airlines in India carried a total of 4.9 crore passengers in the Jan-Oct period this year as compared to 4.2 crore carried in 2010 ... Read more

Air taxi, a small aircraft, carrying about 15 passengers, would also be introduced on a new circuit of Gwalior, Satna and Rewa to boost tourism ... Read more

By the present market cap, the deal would be valued at Rs 120-125 crore ... Read more

Chance of the fear of Security concerns may again ground foreign investment in aviation ... Read more

According to conditions set for the plan, carrier has also committed to posting an operating profit in the next fiscal ... Read more

Crisis due to the high price of aviation turbine fuel in the global market ... Read more