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Indian aviation sector growing at the fastest pace: Antony

Last Updated: Wednesday, February 6, 2013, 17:41

Inaugurating the 9th edition of Aero India-2013, at Air Force Station, Yelhanka, Bangalore, Antony underscored the need to create a strong defence industrial base in the country.

FIIs pumped over Rs 10,000 cr in stocks in Oct so far

Last Updated: Sunday, October 14, 2012, 22:12

Foreign institutional investors poured in over Rs 10,000 crore in the stock market this month so far enthused by reforms initiatives taken by the government to boost economic growth and investor sentiment.

IndiGo registers least flight cancellations, AI comes last

Last Updated: Sunday, September 2, 2012, 13:40

No frill carrier IndiGo had the least number of flight cancellations while national carrier Air India fared the worst between July 2011 to June 2012.

ATF price hike effect; airfares may increase soon

Last Updated: Saturday, September 1, 2012, 20:07

Airfares are likely to rise soon with Indian carriers mulling hiking fuel surcharge on tickets following a steep increase in jet fuel prices.

Submit foreign operation plans by Aug-end: Min to airlines

Last Updated: Sunday, August 12, 2012, 12:31

The ministry's move comes in the wake of aggressive expansion carried out so far by foreign carriers, especially those from the Middle East.

FIIs raise exposure to Indian aviation stocks

Last Updated: Sunday, August 5, 2012, 12:52

Overseas investors have scaled up their exposure to three Indian air carriers, Jet Airways, Kingfisher Airlines and SpiceJet in the April-June quarter of this fiscal.

Procedural issues delay Spicejet's ATF import plan

Last Updated: Friday, August 3, 2012, 19:56

The Chennai-based carrier, promoted by media baron Kalanithi Maran, was the first airline to apply for a direct import licence from the government after it was allowed in February.

Tough measures needed to make AI survive, thrive: IATA

Last Updated: Wednesday, July 25, 2012, 19:03

IATA chief Tony Tyler, who raised the issue at a CII conference on Indian aviation, said the entire sector was in a "multi-faceted crisis" which could be resolved by coordinated public policies.

RBI says airline sector to continue facing funds crunch

Last Updated: Friday, June 29, 2012, 00:05

The bleeding domestic aviation sector is likely to continue facing funding crunch and could also be affected by prevalent policy uncertainties, the Financial Stability Report released by the Reserve Bank said on Thursday.

Emirates chief wants Indian aviation to liberalise faster

Last Updated: Tuesday, June 12, 2012, 14:03

Indian aviation sector has to liberalise rapidly to keep in tune with the huge air traffic growth being experienced by the country, a top airline official said on Tuesday.

Jet Q4 loss widens 140% at Rs 298 cr on fuel cost, Re slide

Last Updated: Thursday, May 24, 2012, 19:37

The airline saw its fuel bill jumping 42.4 percent at Rs 1,822.5 crore as against Rs 1,279.7 crore in the year-ago period.

State taxes on ATF should come down: Ajit Singh

Last Updated: Saturday, April 14, 2012, 19:10

Airlines would have to decide the fares based on commercial calculations, factoring in ATF costs, etc, he said.