Aviation News
Crisis-hit Kingfisher has cancelled over 200 flights since last week ... Read more
Aviation turbine fuel is a restricted item which can be imported only by state-trading enterprises, in this case IndianOil Corp ... Read more
The greater spread of its operations, especially routes that its peers do not fly to and are unprofitable, means the pressure on costs is worse ... Read more
Big Indian investor wants a stake in Kingfisher Airlines: Mallya ... Read more
Concerns over Gulf carriers stopping FDI so far ... Read more
Spicjet on Friday reported a net loss of 2.4 billion rupees as fuel costs rose and there was no proportionate increase in fares due to intense competition ... Read more
The airline may sell property to fly out of debt crisis ... Read more
Considers measures like disallowing defaulting airlines from expanding their fleet or operations till they started spending the right amount on ensuring aircraft safety ... Read more
Backwater tourism potential of the north Malabar region would also be explored ... Read more
A possible government intervention through state-owned banks may help Kingfisher tide over one of its biggest problems today - the high interest costs on its 7,057.08 crore of debt ... Read more