These days, some travel portals are offering huge discounts on Kingfisher Airlines tickets without revealing the name until the payment is made.
As Budget 2012 allowed to raise working capital through ECB's, both Jet Airways and Air India, may increase working capital loans by 25%.
Nilesh Pattanayak, Bombardier, South Asia MD tells ET how the company is looking to capture 50% market share over the next few years.
Unimpressed by the $500-mn compensation that Boeing has offered Air India for delaying Dreamliner planes by over three years, the civil aviation ministry has pressed for increasing the amount of recompense.
Under a sale-and-leaseback arrangement, an airline buys aircraft, sells it to a leasing company and leases back the planes.
Even as strike threats from pilots over delayed salaries gain traction, cash-strapped Air India is planning to expand operations for the upcoming summer schedule.
The 250-seater Dreamliner, which is made of composite material, is lighter and considered 20% more fuel-efficient than other aircraft.
The Cabinet will consider later this month a draft legislation to set up a more powerful and passenger-friendly civil aviation regulator.
Air India and Star Alliance are resuming talks on the national carrier's membership into the global airline grouping.
3 senior DGCA offcials were suspended for issuing licences classifying 28 flying schools as charitable non-profit entities instead of fully commercial entities.
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