More than 12 years after the Delhi and Mumbai airports were privatised, the facilities at Lucknow, Jaipur, Ahmedabad, Mangaluru, Trivandrum and Guwahati would be going under the hammer in the coming weeks, a move that has bee
Jet Airways has deferred deliveries of six Boeing 737 max aircraft due to non-payment to its lessors, sources in the airline said on Wednesday. The full-service carrier had placed an order for 75 Boeing 737 max aircraft in Ju
Qatar Airways CEO Akbar al-Baker on Tuesday said that the company will not buy a stake in the cash-strapped Jet Airways as a 24% stake in the airline is held by Etihad Airways, whose owner Abu Dhabi is an “enemy” of Qatar
Aircraft maker Boeing expects the current crisis at Jet Airways to be resolved in a month’s time. Dinesh Keskar, senior V-P (sales), Asia-Pacific and India, said on Tuesday that things are moving in the right direction for
The Centre would soon chart out a strategy for the domestic manufacturing of aircraft along with promoting aircraft financing from within the country, civil aviation minister Suresh Prabhu said on Tuesday.
The fierce competition among domestic carriers may have started to take a toll on the government’s regional connectivity scheme (RCS) with SpiceJet suspending operations on one of its southern routes owing to lack of commer
Gurgaon-based Zoom Air, which has been grounded since July, is likely to restart operations from next month after the aviation regulator renewed the carrier’s flying permit which had been held back over safety concerns.
Apollo Tyres is focusing on metros for car tyres and rural markets for commercial vehicles to achieve its leadership goal in the domestic market by 2020-21. Satish Sharma, president (Asia Pacific, Middle East and Africa) exp
Despite fiscal constraints, the Centre is likely to provide Rs 12,200 crore from the Budget — half of it this fiscal and the balance in the next year — to retire 40% of the Rs 30,000-crore working capital debt of Air Indi
While SpiceJet’s managing director Ajay Singh has been credited with turning around SpiceJet, which he took over from the Marans in January 2015, the September quarter has been one of the worst for the low-cost carrier.
The Maruti Suzuki chairman had said last week there were few signs of festivity in the car market. Indeed, sales of cars in October reflected little festive cheer with the growth in passenger vehicles skidding to very low sin
While air passenger traffic has grown smartly over the past year, airlines have not been able to raise fares. That’s because they have added too much capacity; analysts say the sweet deals on aircraft purchases that carrier