Representatives of the alliance met Air India (AI) chairman and managing director Rohit Nandan some time back ... Read more

Allowing FDI by foreign airlines and allowing more Indian carriers to fly overseas by utilising the full quota of bilateral agreements could be a key enabler to fuel further growth ... Read more

Despite the fact that fiscal 2011 could well be the worst performing year for the sector with Indian carriers set to post a record loss of $2.5 billion, the world remains bullish on India ... Read more

The new EU regulation could cost the three Indian carriers - Jet Airways, Kingfisher and Air India -  which fly to Europe around Rs.500 crore annually ... Read more

Most of the 26 banks are state-owned which include State Bank of India, the biggest lender to the airline. Other names include Punjab National Bank and Bank of India ... Read more

Goyal's company Tailwinds owns 79% stake in Jet Airways and is based in the Isle of Man, the UK ... Read more

The modernisation programme of the NSC Bose airport would end in March next and it would be operational from June 2012 ... Read more

Flights in Saudi Arabia are subject to price caps by the government, but fuel subsidies from the kingdom to Saudi Arabian Airlines allow it to remain profitable in the domestic market. ... Read more

Before airhostesses, Kingfisher had witnessed an exodus of pilots with nearly 140 leaving in past two to three months ... Read more

The loan has been extended via inter-corporate deposits (ICD), eventhough the there was no clarity at what interest rate the loan has been given ... Read more