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Jet Airways

Jet Airways

Jet Airways to shift domestic ops to Mumbai airport's T2 terminal

The move would integrate the airline's domestic and international operations and reduce time and cut costs. Mar 1, 2016
BSE Building new

Sensex, Nifty post huge single-day gain in two years; share prices of IOC, BPCL, HPCL spurt on fuel price hike

The shares of Indian Oil Corporation, HPCL and BPCL closed with gains of 3.20 to 5 percent. Mar 1, 2016
Civil Aviation to hire 4 million people

Budget 2016: Increased excise duty on jet fuel may lead to hike in airfares

The hike in excise duty on jet fuel has drawn criticism from industry experts and airlines. Feb 29, 2016
AirAsia India CEO not quitting

5/20 aviation rule: AirAsia CEO takes a dig at older airlines

Tony Fernandes was responding to allegations made by older airlines that AirAsia is remote-controlled from Malaysia. Feb 28, 2016
Aviation Air India IndiGo Jet

SpiceJet, Jet, GoAir, IndiGo could sue Centre if 5/20 rule is abolished: Report

They contend that the proposed removal of the 5/20 rule is aimed at benefiting "two new airlines." Feb 24, 2016
Ratan Tata

Tata criticises older Indian airlines as competition heats up

Ratan Tata, in a tweet, accused established Indian airlines of trying to monopolise the domestic aviation market. Feb 22, 2016
Civil Aviation

Ministers meet to discuss new civil aviation policy; 5/20 rule may be scrapped

The new civil aviation policy is expected to be finalised soon. Feb 19, 2016
Spicejet

SpiceJet shares soar after airline records highest load factor in January

Stock price of Interglobe Aviation was down 0.3 percent to trade at Rs 846. Feb 19, 2016
Jet Airways

Eithad finalises deal to raise stake in Jet Airways to 49%: Report

A Financial Express report said that both the parties have reached an agreement regarding the deal, after finalising talks over its valuation. Feb 19, 2016
Aviation Air India IndiGo Jet

Domestic air traffic: IndiGo maintains lead in January, Jet Airways gains, Air India loses

The overall domestic passenger traffic grew 22.58 percent to 76.55 lakh passengers, up from 62.45 lakh in January 2015. Feb 18, 2016
Jet Airways

Jet Airways plans better cost control and fleet usage measures

The airline is set to double its earnings per share to Rs 120 in FY17 from the current Rs 68 in FY16. Feb 10, 2016

SpiceJet to choose between Boeing and Airbus for Rs 75,000-crore deal

The airline has laid the condition of early deliveries as the selling point of the deal. Feb 9, 2016
GoAir

GoAir mulling $175 million IPO amid uncertainty over Airbus aircraft delivery

Airbus recently indicated that on account of some "industrial reasons" there could be a delay in the delivery of the aircraft. Feb 8, 2016
Jet Airways

Jet Airways Q3 net profit soars on lower fuel costs, higher passenger traffic

The company's net profit was Rs 467.11 crore, as against Rs 63.11 crore in the corresponding quarter last fiscal. Feb 6, 2016
Airline apps

How useful are airline apps to end users

While airlines believe their apps provide a definite value to the customer, the actual usefulness of such apps remains questionable. Feb 4, 2016
Jet Airways

Aviation stocks crash on rebound in crude oil prices

Fuel costs account for around 40%-50% of the operating costs of aviation companies. Feb 4, 2016

5/20 rule faces criticism from civil aviation minister Gajapathy Raju

The rule is being opposed as well as supported by Indian air carriers based on commercial considerations. Jan 23, 2016
the-reserve-bank-of-india

India's forex reserves fall for third week in a row to $347 billion

The RBI said the reserves declined by $1.72 billion for the week ending 15 January, 2016. Jan 22, 2016
BSE Building

Interglobe shares plunge on weak Q2 numbers of IndiGo revealed while declaring Q3 results

The results for the seasonally-weak Q2 were disclosed along with Q3 results on Thursday. Jan 22, 2016
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