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Air India to cut costs by Rs 1,400 crore to reduce losses

Last Updated: Monday, January 19, 2015, 10:50

Air India, which controls close to a fifth of India`s domestic air travel market, has been losing money for years and has long been criticised for its high costs.

Demand for global air freight likely to rise by 4.5% in 2015

Last Updated: Friday, January 9, 2015, 14:21

Demand for global air freight grew 4.2 percent in November last year as compared to same period in 2013 and is expected to rise by 4.5 percent this year, driven by growth in cross-border trade, International Air Transport Association (IATA) said.

Britain to scrap air travel taxes for children

Last Updated: Wednesday, December 3, 2014, 22:31

British finance minister George Osborne said he would make it cheaper for families to travel by scrapping an air travel tax charged for children, prompting airlines to call on him to go further and also abolish the levy in its entirety.

Jet Airways to pay U$10,000 to settle US case

Last Updated: Monday, November 4, 2013, 19:00

The US transportation regulator imposed civil penalties of USD 10,000 on Jet Airways after the Indian carrier agreed to settle a case related to its failure to provide accurate information on a tarmac delay.

Travel agents seek implementation of commission by airlines

Last Updated: Saturday, October 5, 2013, 18:43

Travel agents have demanded implementation of the latest Civil Aviation Ministry order declaring the charging of transaction fees by airlines illegal while allowing agency commission to be levied.

Smartphone tickets for air travel see upward trend

Last Updated: Monday, September 30, 2013, 15:12

Furnishing an Internet copy of air tickets on smartphones like Android and BlackBerry is catching up amongst fliers as the CISF has implemented the customer friendly measure across all airports in the country.

UP govt spent Rs 14 cr on its 10 aircraft in 2012-13: CM

Last Updated: Thursday, September 19, 2013, 16:30

Uttar Pradesh government spent over Rs 14 crore on fuel and maintenance of 10 state-owned helicopters and planes in 2012-13, Chief Minister Akhilesh Yadav informed the state Assembly today.

Air Travel agents in India keep shutters down

Last Updated: Tuesday, May 7, 2013, 13:33

As many as 3,000 travel agents owing allegiance to TAAI have voluntarily decided to keep shutters down to protest airlines'' certain "unethical business practices" and also press for their demands, Mulla said.

Air travel map being redrawn as global economy evolves: Etihad

Last Updated: Friday, April 26, 2013, 11:09

Hogan's comments have come after the recent announcement by Etihad Airways of a 24 percent strategic equity investment in Jet Airways, the second largest airline in India.

Domestic air traffic falls in first two months of 2013

Last Updated: Monday, April 1, 2013, 15:30

In terms of market share, Air India was pushed to the fourth spot at 18.9 percent by no-frill carrier SpiceJet which cornered 20.4 percent of the market.

India's domestic air travel demand down 4.9% in Jan

Last Updated: Wednesday, March 6, 2013, 13:48

India's domestic air travel demand declined by 4.9 percent and the sector witnessed a 5.3 percent capacity reduction, according to International Air Transport Association (IATA).

Air travel demand likely to shrink by 2.5% in FY'13: CMIE

Last Updated: Sunday, December 30, 2012, 17:21

Even the DGCA data for the January-November period, released recently, shows a three percent negative growth during the period.