Air India likely to post over Rs 100 crore operating profit in 2015-16
As Prime Minister Narendra Modi spoke of Air India's turnaround in his Independence Day speech on Monday, the state-run airline is expecting to log over Rs 100 crore operating profit in the last fiscal and projecting to cross the Rs 700 crore mark in the current financial year.
Aug 15, 2016, 15:47 PM IST
Aviation Ministry plans to launch website where passengers can file complaints against airlines
Aviation ministry is mulling over a plan to launch a website where air passengers can register their complaints, which will be forwarded to the airlines
Aug 13, 2016, 09:11 AM IST
DNA: Today in History, 1st August, 2016
Today is the death anniverary of great freedom fighter Bal Gangadhar Tilak. Watch complete news story of DNA for getting detailed updates!
Aug 02, 2016, 00:06 AM IST
Airlines look to smaller planes in regional push
Indian airlines are in talks with ATR, Bombardier and Embraer to buy smaller planes to fly to the country`s booming second and third tier cities ahead of a government drive to get more of the country connected by air.
Mar 18, 2016, 17:59 PM IST
Air India plans hedging fuel costs up to 25%
As it looks to turnaround, Air India plans to hike the limit for hedging fuel costs to 25 per cent amid oil prices hovering at low levels
Mar 06, 2016, 16:35 PM IST
AirAsia chief raises questions over 5/20 norm
The war of words over 5/20 norm continued with AirAsia chief Tony Fernandes today taking a dig at promoters of Indian airlines asking whether all of them live in India, in an obvious reference to Jet Airways Chairman Naresh Goyal, an NRI living in the UK.
Feb 27, 2016, 19:49 PM IST
Indian airlines to see better earnings outlook in 2016: Fitch
Indian and South East Asian airlines are likely to see improved earning prospects in 2016, primarily driven by higher demand and lower fuel costs, says Fitch Ratings.
Dec 23, 2015, 18:10 PM IST
Air India likely to make 6% profit this fiscal, first since merger
For the first time since merger of Indian Airlines into Air India, the national carrier is likely to report an operating profit of about Rs six crores in the current fiscal, owing to a combination of factors including lower fuel costs and Dreamliner operations, among others.
Dec 14, 2015, 22:05 PM IST
Air India showing improvement in operational performance
Air India's net losses have declined by more than 22 percent in the past four years, reflecting improvement in its financial and operational performance, Lok Sabha was informed on Thursday.
Dec 10, 2015, 14:06 PM IST
Part of funding for 9/11 came from India, says ex-top cop Neeraj Kumar
Part of funding for 9/11 attacks in the US had originated from India, according to a former top police officer Neeraj Kumar.
Nov 17, 2015, 18:20 PM IST
Air India cuts employees from 300 to 108 in two years; saves on costs
In a major boost to its cost saving efforts, Air India has managed to bring down the number of employees per aircraft by almost two-thirds to 108 compared to 300 more than two years ago.
Oct 07, 2015, 21:36 PM IST
Air India forms monitoring team for safe, clean travel
Air India on Sunday announced it has set up a dedicated monitoring team under an executive director which would conduct surprise checks to ensure safe travel and better service delivery to its passengers.
Sep 20, 2015, 21:32 PM IST
IndiGo adds nine 9 new flights to its network
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.
Sep 01, 2015, 19:58 PM IST
Air traffic grows 29% in July; airlines carry 67.45 lakh people
The number of passengers ferried by domestic carriers climbed 29 percent to 67.45 lakh in July as discounts and fall in fuel prices made airfares more affordable.
Aug 18, 2015, 18:09 PM IST
Boeing says domestic airlines on way to break-even
Boeing's main customers in the country include Air India, Jet Airways and Spicejet which also have Airbus planes, while the largest carrier Indigo has only Airbus aircraft.
Aug 13, 2015, 22:20 PM IST
India needs 1,740 new aircraft worth $240 bn in next 20 years: Boeing
Raising its forecast for the Indian market, Boeing Wednesday said the country will need 1,740 new aircraft worth USD 240 billion over the next 20 years.
Aug 12, 2015, 19:09 PM IST
Domestic carriers to operate 1,400 more flights this winter
The winter schedule of the Indian airlines commences from the last Sunday of October while the summer schedule starts from the last Sunday of March.
Aug 07, 2015, 17:06 PM IST
Govt completely rewriting civil aviation policy: Official
After being in the works for a long time, the government is "completely rewriting" the civil aviation policy to address concerns of the stakeholders.
Jul 14, 2015, 21:30 PM IST
India's aviation growth to be double of global average: Airbus
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.
Jun 21, 2015, 20:50 PM IST
Indian airlines doing better; need to get fares right: Boeing
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.
Jun 21, 2015, 18:41 PM IST