Lufthansa, lifted by cheap fuel, triples net profit

Last Updated: Thursday, July 30, 2015, 16:00

German airline Lufthansa, still reeling from the crash of one of its Germanwings planes in March over the French Alps, said Thursday it tripled net profit in the second quarter, helped by cheap fuel.

SpiceJet, Indigo, Jet Airways announce monsoon sale, tickets available at Rs 999

Last Updated: Tuesday, July 28, 2015, 18:15

SpiceJet 3-day sale will be open till midnight, July 30, 2015, for travel period August 4 - October 15, 2015.

Foreign airlines under scanner for alleged Service Tax evasion

Last Updated: Sunday, July 26, 2015, 12:40

Six foreign airlines have come under the lens of revenue authorities here for alleged underpayment of Service Tax believed to be worth several crores.

SpiceJet shares close over 3% higher on stake sale reports

Last Updated: Friday, July 24, 2015, 20:17

Shares of low-cost airline SpiceJet were in demand Friday, rising over 3 percent, amid media reports of stake sale.

SpiceJet says in early talks with investors, denies tie-up with airlines

Last Updated: Friday, July 24, 2015, 19:32

SpiceJet Friday said a few potential investors are currently in "exploratory and preliminary" discussion with it, evincing interest to invest in the no-frills carrier while denying reports of entering into any commercial tie-up with any airline.

Mahesh Sharma says norms can be found to regulate airfares

Last Updated: Thursday, July 23, 2015, 15:52

After a flip-flop over new airport around the national capital, Tourism Minister Mahesh Sharma appears to have two minds over capping or regulating airfares - one view was communicated in parliament and the other at an event here on Thursday.

Domestic carriers should utilise bilateral agreements: Ashok Gajapathi Raju

Last Updated: Thursday, July 23, 2015, 15:46

Sending out a strong message, he said domestic airlines, both public and private ones, need to "pull up their socks" with regard to utilisation of bilaterals.

China's Spring Airlines to buy 21 Airbus planes for $2.04 bn

Last Updated: Tuesday, July 21, 2015, 22:54

Chinese budget carrier Spring Airlines said it plans to buy 21 Airbus A320 planes for USD 2.04 billion, citing growth in both international and domestic air travel.

Spicejet shares surge over 5%

Last Updated: Monday, July 20, 2015, 13:14

On the volume front, 29.97 lakh shares of the company were traded at BSE during the morning trade.

Jet Airways slashes business class fares by 20%

Last Updated: Sunday, July 19, 2015, 17:46

Jet Airways Sunday lowered its business class ticket prices by a flat 20 percent for long-distance travel (above 1,000-km) on its domestic network under a special monsoon offer which opens Monday.

DGCA to check airlines for flight safety norms compliance

Last Updated: Friday, July 17, 2015, 16:47

The latest move comes in the wake of a recent incident involving an Air India flight where the watchdog found that the carrier did not properly maintain flight operations data.