United Spirits, Kingfisher Airlines face axe for listing violations

Last Updated: Sunday, August 23, 2015, 18:14

More than 100 listed companies, including United Spirits Ltd and long-grounded Kingfisher Airlines, have been slapped penalties for violating the Listing Agreement provisions set forth by SEBI and exchanges.

SpiceJet announces special fare scheme starting at Rs 799

Last Updated: Thursday, August 20, 2015, 17:05

Under the new discount scheme, single one-way fare between Delhi and Mumbai or Mumbai and Chennai will work out at Rs 1,899 (excluding taxes).

Ghost airports highlight risks as PM Modi spends to grow

Last Updated: Wednesday, August 19, 2015, 09:45

Not a single passenger has passed through the gates of an airport big enough to handle more than 300,000 travellers a year, with parking bays for three 180-seater narrow-body jets.

Air traffic grows 29% in July; airlines carry 67.45 lakh people

Last Updated: Tuesday, August 18, 2015, 18:09

The number of passengers ferried by domestic carriers climbed 29 percent to 67.45 lakh in July as discounts and fall in fuel prices made airfares more affordable.

IndiGo confirms largest global order of 250 Airbus planes for $250.5 bn

Last Updated: Monday, August 17, 2015, 14:02

The Gurgaon-based carrier IndiGo had last October signed a MoU to acquire 250 of the latest Airbus A-320 Neo aircraft worth over USD 25.5 billion or Rs 1.55 lakh crore.

Boeing says domestic airlines on way to break-even

Last Updated: Thursday, August 13, 2015, 22:20

Boeing's main customers in the country include Air India, Jet Airways and Spicejet which also have Airbus planes, while the largest carrier Indigo has only Airbus aircraft.

India needs 1,740 new aircraft worth $240 bn in next 20 years: Boeing

Last Updated: Wednesday, August 12, 2015, 19:09

Raising its forecast for the Indian market, Boeing Wednesday said the country will need 1,740 new aircraft worth USD 240 billion over the next 20 years.

Bill to revise airlines' liability introduced in Lok Sabha

Last Updated: Friday, August 7, 2015, 17:38

The Carriage by Air (Amendment) Bill, 2015, introduced by Civil Aviation Minister Ashok Gajapathi Raju, would enable the government to revise the liability limits of air carriers in line with the Montreal Convention, which was acceded to by India in May 2009.

Domestic carriers to operate 1,400 more flights this winter

Last Updated: Friday, August 7, 2015, 17:06

The winter schedule of the Indian airlines commences from the last Sunday of October while the summer schedule starts from the last Sunday of March.

Kingfisher Airlines' company secretary leaves

Last Updated: Tuesday, August 4, 2015, 22:53

Grounded Kingfisher Airlines Tuesday said Bharath Raghavan has ceased to be its company secretary and compliance officer from July 31.

Vistara launches mobile phone boarding pass facility at Mumbai

Last Updated: Friday, July 31, 2015, 19:06

Tata-Singapore Airlines joint venture carrier Vistara in association with Mumbai airport on Friday launched mobile phone boarding pass facility to its flyers bound for Goa, Ahmedabad and Goa from the Chhatrapati Shivaji International Airport here.

Kingfisher Airlines caused Rs 290 crore loss to AAI, says CAG

Last Updated: Thursday, July 30, 2015, 21:20

Bogged down by mounting debt and operational issues, the Vijay Mallya-owned KFA was grounded in 2012 after aviation regulator DGCA cancelled its licence.