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'Indian air carriers suffered Rs 19,000 cr loss in 2008-11'

Last Updated: Thursday, May 3, 2012, 21:54

Indian air carriers have incurred operational losses of around Rs 19,000 crore between 2008-11, Civil Aviation Minister Ajit Singh said Thursday.

Govt likely to take decision on FDI in aviation on Thursday

Last Updated: Tuesday, April 10, 2012, 18:35

The government is likely to take up a proposal Thursday to let foreign airlines buy a 49 percent stake in local carriers, a move aimed at attracting some much-needed investment for the country's troubled aviation industry, two aviation ministry officials said Tuesday.