Aviation News

» Spicejet may sell stake to foreign carrier if FDI rules change

Spicjet on Friday reported a net loss of 2.4 billion rupees as fuel costs rose and there was no proportionate increase in fares due to intense competition ... Read more

» Lender Banks expect Kingfisher Airlines to bring in Rs 400 cr more equity

The airline may sell property to fly out of debt crisis ... Read more

» DGCA mulling penalty on airlines neglecting safety

Considers measures like disallowing defaulting airlines from expanding their fleet or operations till they started spending the right amount on ensuring aircraft safety ... Read more

» Airstrips to be developed at Kasaragod, Wayanad in Kerala

Backwater tourism potential of the north Malabar region would also be explored ... Read more

» Vayalar Ravi calls on finance ministry to ease debt load on Kingfisher

A possible government intervention through state-owned banks may help Kingfisher tide over one of its biggest problems today - the high interest costs on its 7,057.08 crore of debt ... Read more

» ASSOCHAM calls for low taxes on jet fuel

The aviation industry has all ingredients to grow but airlines are facing huge losses as over one-third of operating costs are on account of aviation turbine fuel ... Read more

» Jet Airways to start daily flights from Mumbai to Riyadh from December 14

JetLite will start daily services from Ahmedabad to Bengaluru, Coimbatore, New Delhi, Kolkata and Lucknow from November 15 ... Read more

» In India, airlines are overtaxed: Vijay Mallya

Questions duty to fly loss-making routes, blames crisis on oil price spike ... Read more

» MoCA to take up airline issue with PM

The cash-strapped Kingfisher Airlines too has approached the Government seeking a helping hand in restructuring its finances ... Read more

» Travel agents worried over Air India flights cancellation

Seek operation on Tiruchi-Kuala Lumpur sector as per schedule ... Read more

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