National News

Air India in $600mn sale/lease-back deals with European firms

Air India (AI, Mumbai Int'l) has entered into sale/lease-back agreements valued at USD600million with two European financial institutions. India's LiveMint says the debt-ridden national carrier has sold four of its B787-8s to Germany's Deutsche Bank while a fifth has gone to British fRead More

Loss-making Air India goes in for an image makeover after entry in Star Alliance

Loss-making Air India (AI) is buying bigger wine glasses, refurbishing interiors of its fleet and ordering a new dress code for its cabin crew as part of an image makeover. While the management is taking these steps to upgrade the look of the airline following its Star Alliance membership, many iRead More

SpiceJet, AI and other airline CEOs may raise cost issues, 5/20 rule with Raju on Tuesday

The CEOs of all domestic airlines are expected to raise the high cost of operations in India impacting their bottomlines in their first meeting with the Civil Aviation Minister, P Ashok Gajapathi Raju, tomorrow. Leaders from SpiceJet, IndiGo, GoAir, Air India, Jet Airways, Vistara and AirAsia IndRead More

With GMR out, Chinese firm bags Male airport deal

A Chinese firm has bagged a deal for upgrading the international airport in Male, the capital of Maldives, after President Xi Jinping visited the island nation on Monday. The Maldives government had earlier given the $511 million contract to an Indian company, GMR Infrastructure, and cancelled itRead More

2015 New Year Sale: SpiceJet Offers Tickets for Rs 699

As a part of the 2015 New Year celebrations, SpiceJet has come up with another three day sale starting on Tuesday with domestic flight fares as low as Rs 699, The "Early New Year Sale" as the airline calls it, is applicable for one way travels between 16 January 2015 to 24 October 2Read More

Jet Airways, Qatar Airways offer steep discounts on business class

The price war in the skies has spread to the business class. Jet Airways and Qatar Airways are offering huge discounts in a desperate bid to take on Emirates and Singapore Airlines whose recently started A380 flights are scooping passengers in big chunks. Jet Airways is offering all-inclusive oneRead More

Civil aviation ministry's second airport policy review may change IGIA fate

The civil aviation ministry is conducting a review of the policy that bars a second airport within a distance of 150 km, the scrapping of which could have a dramatic effect on Delhi airport as construction of another facility in its neighbourhood, say in Greater Noida, could divert significant amRead More

Review of 150km radius limit for second airport

The restriction on having a second airport within 150km radius of an existing one may soon go, paving the way for Indian cities to have multiple airports in the future. The aviation ministry is examining if the barred distance can be reduced to 100km, if not lower.   However, whetherRead More

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