Aviation News

» CBI files chargesheet against Paramount Airways and 5 others for loss to OICL

Oriental Insurance Co Ltd (OICL), a government undertaking, which had to bear claims of Rs 442 crore on default of payment by Paramount Airways to the banks ... Read more

» AAI to provide international airport facilities at places of tourism potential

AAI sanctioned eight airports which will be made into international airports; Whether these airport would be able to attract foreign carriers is a matter of speculation ... Read more

» Air Arabia in no rush to pick up stakes in troubled Indian Airlines

“For the past two years Air India has not grown because they have used up all our allocated seat capacities under the bilateral ... Read more

» Jet Airways quarterly loss narrows by 86 percent

Jet announced late Friday a net loss of 997 million rupees ($18.5 million) in the second quarter, down sharply from a 7.13-billion rupees loss posted in the same period a year earlier as operating income surged ... Read more

» Global air passenger traffic growth decreases reports IATA

The fact that airlines are making any money at all with weak markets and high fuel prices is a tribute to their strong business performance ... Read more

» Infosys cuts business class travel privileges of senior executives

In the three-months to September 30 Infosys spent Rs 382 crore in travel costs for the six-month period it was, Rs 753 crore ... Read more

» AirAsia to launch additional flights from Kochi, Trichy to Kuala Lumpur from December

The flight frequency from Trichy has increased from 11 times a week to 14 times a week while that from Kochi has increased from seven times a week to 10 times a week ... Read more

» Hongkong based firm eyes investment opportunities in Indian airline companies 

Bravia's senior management has invested $5 billion in aviation, transportation, shipping and logistics industries in the past two decades ... Read more

» Air india Express to launch a new Bangalore-Mangalore flight from November 9

For Bangalore passengers, the new flight is expected to provide a convenient connection to Dubai by flight IX 813 leaving Mangalore at 10 pm ... Read more

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