China to invest $80 billion in 193 aviation projects this year

Last Updated: Wednesday, June 24, 2015, 13:15

The plan was outlined in prepared remarks to be delivered later on Wednesday by Li Jiaxiang, head of the Civil Aviation Administration of China, at an aviation forum in Beijing. The remarks did not specify details about the projects.

Etihad Airways says not in talks to raise stake in Jet Airways

Last Updated: Tuesday, June 23, 2015, 17:59

Shares in Jet closed up 2.44 percent on Tuesday against a 0.27 percent rise in the benchmark. A spokesman for Jet did not immediately respond to a request for comment.

India's aviation growth to be double of global average: Airbus

Last Updated: Sunday, June 21, 2015, 20:50

Eyeing big orders from Indian airlines, world's leading aircraft maker Airbus has said that India's aviation market will grow at over 10 percent annually in next ten years, which would be double the average global growth rate.

Indian airlines doing better; need to get fares right: Boeing

Last Updated: Sunday, June 21, 2015, 18:41

Bullish on Indian aviation market, top aircraft maker Boeing has said that operating environment has improved for airlines in the country but there is a need to get the airfare metrics right to make profits.

Propelled by summer bookings domestic air travel clocks profit

Last Updated: Friday, June 19, 2015, 17:36

All Indian carriers together ferried a total of 71.27 lakh passengers in May as compared to 60.22 lakh passengers during May 2014, according to Directorate General of Civil Aviation (DGCA) data for the month.

Extortionary, predatory airfares not acceptable: Aviation Ministry

Last Updated: Wednesday, June 10, 2015, 19:09

Amid rising concern over steep fluctuations in airfares, the Civil Aviation Ministry has said that neither "extortionary" nor "predatory" pricing of tickets is acceptable.

Govt expects to finalise new aviation policy in a month

Last Updated: Wednesday, June 10, 2015, 18:36

Government expects to finalise the much-awaited new aviation policy and revised international flying norms for domestic carriers within a month.

Air India pilots oppose secret ballot for recognising trade unions

Last Updated: Tuesday, June 9, 2015, 18:43

The national carrier currently has 15 recognized trade unions representing around 22,000 employees of erstwhile Indian Airlines, besides Air India.

Airlines trim losses by 30%, Indigo reports record profit

Last Updated: Monday, June 8, 2015, 23:24

Lower fuel prices have helped domestic carriers to trim their combined losses by an estimated 30 percent at USD 1.21-1.27 billion in fiscal 2015, while budget carrier IndiGo reported an estimated record USD 150-175 million profit during the period, according to an industry report.

New civil aviation secretary holds Air India review

Last Updated: Saturday, June 6, 2015, 18:06

"The ministry feels that the situation in the aviation industry has undergone a sea change since 2012 when Air India's TAP was put in place for 10 years and this requires that the plan be revisited," a government official had said.