Flying high: IndiGo get SEBI nod for Rs 2,500-crore IPO

Last Updated: Monday, September 14, 2015, 23:01

Under the offer, the company plans to issue fresh shares worth Rs 1,272 crore. An equivalent amount can be raised through sale of up to 3.01 crore shares by its existing shareholders.

Seventh heaven: IndiGo net profit rises for 7th straight year, quadruples to Rs 1,304 cr in FY15

Last Updated: Thursday, September 10, 2015, 21:58

This is also the highest ever annual profit registered by the airline -- which is also preparing for a Rs 2,500 crore initial public offer -- since its inception in 2005.

140,000 Lufthansa passengers grounded by pilots' strike

Last Updated: Wednesday, September 9, 2015, 19:50

German airline Lufthansa Wednesday said 140,000 passenger were grounded and 1,000 flights cancelled as a two-day strike by pilots entered its second day.

Lufthansa hit by new pilots` strike on long-haul, freight services

Last Updated: Monday, September 7, 2015, 17:19

Pilots at German airline Lufthansa said Monday they will stage new walkouts on freight and long-haul passenger services on Tuesday in their long-running dispute with management over early retirement provisions.

Domestic airlines to discuss high airfares issue on Sept 15

Last Updated: Thursday, September 3, 2015, 21:44

Domestic air carriers have been called for a meeting on September 15 by the government to discuss the issue of high airfares, especially during festival seasons and emergency travel, after Prime Minister Narendra Modi expressed serious concern over the issue.

Aviation Ministry working on airfares after PM Modi's concerns

Last Updated: Wednesday, September 2, 2015, 23:46

The Civil Aviation Ministry is working on options to address the issue of airlines charging high fares, especially during festive seasons, in the wake of serious concerns expressed by Prime Minister Narendra Modi on the issue but ruled out regulating ticket prices.

IndiGo adds nine 9 new flights to its network

Last Updated: Tuesday, September 1, 2015, 19:58

No-frills carrier IndiGo has added nine new flights on its domestic network including a daily service on the Varanasi-Goa via Mumbai and Varanasi-Kolkata routes, starting Tuesday.

Will flight fares come down as Jet fuel price slashed by 11.7%?

Last Updated: Tuesday, September 1, 2015, 12:55

Aviation Turbine Fuel (ATF) price in Delhi was cut by Rs 5,469.12 per kilolitre (kl), or 11.7 percent, to Rs 40,938.24 per kl, oil companies announced on Tuesday.

Vistara appoints GSA for Gulf

Last Updated: Sunday, August 30, 2015, 18:12

Tata-SIA joint venture airline Vistara Sunday said it has appointed Dubai-based Sharaf Travels as its general sales agent (GSA) for the Gulf market to sell its tickets and services in the region where it does not fly.

Government mulls 2% cess on air tickets

Last Updated: Thursday, August 27, 2015, 16:49

The money raised through the cess would be utilised for viability gap funding of domestic carriers operating flights to regional and remote areas.

PM Modi's concern over predatory airfares, likely cess on tickets

Last Updated: Thursday, August 27, 2015, 15:48

Prime Minister Narendra Modi has expressed serious concern over the predatory pricing by the domestic airlines, an issue that will be addressed shortly by the civil aviation ministry, which is also mulling a two per cent cess on tickets in its new aviation policy.

Air India likely to seek more time to decide on Boeing proposal

Last Updated: Wednesday, August 26, 2015, 17:39

The airline has constituted a three-member panel to go into the pros and cons of the proposal, which has been pending for nearly four years, Air India sources said on Wednesday.