airline industry

Kingfisher Airlines faces operational shutdown, says CAPA


August 24th, 2012 - 5:59 pm ICT by IANS
New Delhi, Aug 24 (IANS) Kinghfisher Airlines may have to shut down operations if $600 million cash is not infused in the next two months, the Centre for Asia Pacific ... Read more...

Posted in Business |

Reviving defunct airports tribunal, centre tells court


July 24th, 2012 - 9:43 pm ICT by IANS
New Delhi, July 24 (IANS) The central government Tuesday told the Delhi High Court that it has started the process to revive the defunct Airports Economic Regulatory Authority Appellate Tribunal ... Read more...

Posted in Business |

IndiGo alleges tinkering with policy to help select airlines


July 21st, 2012 - 11:52 pm ICT by IANS
Kolkata, July 21 (IANS) Taking a dig at the central government for approving an operational turn-around plan for the debt-ridden and loss-making national carrier Air India by infusing equity, InterGlobe, ... Read more...

Posted in Business |

Plane numbers to double by 2032: Boeing


July 4th, 2012 - 8:13 am ICT by IANS
Chicago, July 4 (IANS) The global plane market will reach $4.5 trillion and will have doubled the existing fleet with 34,000 new planes over the next two decades, aircraft manufacturer ... Read more...

Posted in Business |

Airlines challenge Delhi airport tariff hike


July 3rd, 2012 - 8:39 pm ICT by IANS
New Delhi, July 3 (IANS) The Federation of Indian Airlines (FIA) Tuesday moved the Delhi High Court seeking a stay on the nod to the Delhi International Airport Ltd. (DIAL) ... Read more...

Posted in Business |

Global airline profits for 2012 expected at $3 billion


June 12th, 2012 - 12:07 am ICT by IANS
Beijing, June 11 (IANS) The International Air Transport Association (IATA) Monday forecast a dip in the global airline industry's profits at $3 billion in 2012 from last year's $7.9 billion.This ... Read more...

Posted in Business |

Global airline profits for 2012 expected at $3 billion


June 12th, 2012 - 12:06 am ICT by IANS
Beijing, June 11 (IANS) The International Air Transport Association (IATA) Monday forecast a dip in the global airline industry's profits at $3 billion in 2012 from last year's $7.9 billion.This ... Read more...

Posted in Business |

Air India to hire new pilots, stabilise operations (Lead)


June 6th, 2012 - 5:57 pm ICT by IANS
New Delhi, June 6 (IANS) Civil Aviation Minister Ajit Singh Wednesday said Air India will go ahead and hire new pilots to tackle a prolonged strike by a section of ... Read more...

Posted in Business |

Kolkata airport’s new terminal operational by October


May 9th, 2012 - 11:14 pm ICT by IANS
Kolkata, May 9 (IANS) The new terminal of the Netaji Subhash Chandra Bose International Airport in Kolkata, which is being constructed under the modernization plan of the airport, is scheduled ... Read more...

Posted in Business |

RBI to notify proposal allowing airlines to access foreign funds


April 19th, 2012 - 9:43 pm ICT by IANS
New Delhi, April 19 (IANS) The government Thursday said it expects the Reserve Bank of India (RBI) to notify the budget announcement of allowing the cash-strapped Indian civil aviation ... Read more...

Posted in Business |

Kingfisher, Air India owe Rs.525 crore to GMR


April 10th, 2012 - 7:00 pm ICT by IANS
New Delhi, April 10 (IANS) Infrastructure major GMR group Tuesday said that cash-strapped airlines Kingfisher and Air India owed it about Rs.525 crore for using the Delhi and Hyderabad airports."Kingfisher ... Read more...

Posted in Business |

US airline traffic up


March 23rd, 2012 - 2:56 pm ICT by IANS
Washington, March 23 (IANS) US airline traffic regained its momentum in December after a slight year-on-year decrease in the previous month, according to the preliminary data released by US Transportation ... Read more...

Posted in Business |

Budget allows airlines to access foreign funds (Second Lead)


March 16th, 2012 - 9:49 pm ICT by IANS
New Delhi, March 16 (IANS) In a bid to address concerns of the cash-strapped Indian civil aviation sector, Finance Minister Pranab Mukherjee said Friday domestic airlines could borrow up ... Read more...

Posted in Business |

Budget proposes allows airlines to access foreign funds


March 16th, 2012 - 4:12 pm ICT by IANS
New Delhi, March 16 (IANS) In a bid to address concerns of the cash-strapped Indian civil aviation sector, Finance Minister Pranab Mukherjee Friday proposed to allow domestic airlines to ... Read more...

Posted in Business |

Budget allows airlines to access foreign funds, cuts customs duty on parts (Lead)


March 16th, 2012 - 4:11 pm ICT by IANS
New Delhi, March 16 (IANS) In a bid to address concerns of the cash-strapped Indian civil aviation sector, Finance Minister Pranab Mukherjee said Friday domestic airlines could borrow up ... Read more...

Posted in Business |

IATA in talks with Kingfisher on revoking suspension


March 15th, 2012 - 7:19 pm ICT by IANS
Hyderabad, March 15 (IANS) The International Air Transport Association (IATA) is in talks with the crisis-hit Kingfisher Airlines to revoke its suspension from the apex body for the global airline ... Read more...

Posted in Business |

‘Civil aviation sector up 18.5 percent in seven years’


March 15th, 2012 - 5:06 pm ICT by IANS
New Delhi, March 15 (IANS) India's financially troubled civil aviation sector grew at 18.5 percent in the last seven years and the government has taken various steps to resolve ... Read more...

Posted in Business |

Policy on import of jet fuel silent on logistics: Experts


February 7th, 2012 - 7:59 pm ICT by IANS
New Delhi, Feb 7 (IANS) Airlines welcomed the decision of a ministerial panel to allow direct import of fuel, but aviation experts said several questions remained unanswered, particularly on ... Read more...

Posted in Business |

Beleagured Kingfisher defers joining oneworld


February 4th, 2012 - 3:43 pm ICT by IANS
Mumbai, Feb 4 (IANS) The beleaguered Kingfisher Airlines has deferred its plans to join the oneworld alliance until it can strengthen its financial position, an official said here Saturday.The high ... Read more...

Posted in Business |

83 mn Americans to hit the road for holidays


December 23rd, 2011 - 1:14 pm ICT by IANS
New York, Dec 23 (IANS) Over 83 million Americans plan to drive this Christmas and New Year, up 2.1 percent from last year, the American Automobile Association (AAA) has predicted."Since ... Read more...

Posted in Uncategorized |

Alec Baldwin mocks airline industry in SNL skit


December 12th, 2011 - 10:06 pm ICT by Aishwarya Bhatt
Los Angeles, Dec 12 (THAINDIAN NEWS) Alec Baldwin’s war against the airline industry is ongoing. The actor was thrown off an America Airline flight last week after he failed to switch his ... Read more...

Posted in Entertainment |

Qatar Airways backs FDI in aviation


November 23rd, 2011 - 5:32 pm ICT by IANS
Kolkata, Nov 23 (IANS) Stating that Indian carriers lacked sufficient financial strength to grow, a top Qatar Airways official Wednesday welcomed the commerce ministry's recommendation allowing 26 percent foreign direct ... Read more...

Posted in Business |

Airline industry to post $6.9 bn profit: IATA


September 20th, 2011 - 5:06 pm ICT by IANS
New Delhi, Sep 20 (IANS) The international airlines association Tuesday hiked the industry's profit levels in the current year to $6.9 billion from the $4 billion it had projected earlier, ... Read more...

Posted in Uncategorized |

Foreign pilots to be eased out by 2013: DGCA


July 11th, 2011 - 5:06 pm ICT by IANS
Thiruvananthapuram, July 11 (IANS) Foreign pilots employed in the Indian aviation industry would be asked to leave by 2013, the head of the country's airlines regulator said Monday."This is the ... Read more...

Posted in Business |

Global air passenger traffic up 7 percent in May


June 30th, 2011 - 5:18 pm ICT by IANS
New Delhi, June 30 (IANS) The global airlines association Thursday reported an increase of 6.8 percent in international passenger traffic for May this year, compared to the like period of ... Read more...

Posted in Business |

Finnair to invest in new cargo airline


April 23rd, 2011 - 9:11 pm ICT by IANS
Helsinki, April 23 (IANS) Nordic carrier Finnair Saturday said it has decided to invest, as a minority shareholder, in a new cargo airline based out of Finland to augment its ... Read more...

Posted in Business |

1 in 5 Brit pilots admits to falling asleep while on duty


April 9th, 2011 - 3:18 pm ICT by ANI
Melbourne, April 9 (ANI): A British study has found that one in five pilots have admitted to falling asleep while on duty in the cockpit.According to the Daily Mail, the study commissioned ... Read more...

Posted in World |

Middleton’s parents may contribute six-figure sum to royal wedding


March 16th, 2011 - 12:10 pm ICT by ANI
Washington, March 16 (ANI): Kate Middleton's parents are apparently contributing a six-figure sum towards her wedding to Prince William on April 29."It is something they absolutely wanted to do, and William ... Read more...

Posted in World |

Finnair traffic grows 3 percent in February


March 13th, 2011 - 9:15 pm ICT by IANS
New Delhi, March 13 (IANS) Nordic carrier Finnair said Sunday its traffic, measured in passenger kilometres, grew nearly three percent in February year-on-year.Nearly 1.2 million passengers travelled by Finnair flights ... Read more...

Posted in Business |

Middle East unrest upsets aviation sector


March 5th, 2011 - 12:58 am ICT by IANS
Abu Dhabi, March 4 (IANS/WAM) The aviation industry is concerned over rising fuel prices triggered by the political turmoil in some oil-rich countries in the Middle East.Several oil-producing countries, ... Read more...

Posted in Business |

Air industry to earn net profit of $8.6 billion: Airline body


March 2nd, 2011 - 7:15 pm ICT by IANS
New Delhi, March 2 (IANS) The International Air Transport Association (IATA) Wednesday said it expects the airline industry to clock a net profit of $8.6 billion in 2011, lower than ... Read more...

Posted in Business |

Oil shock threatens airlines recovery


February 25th, 2011 - 7:51 pm ICT by Aishwarya Bhatt
New York, Feb 25 (THAINDIAN NEWS) Whoever said the world is a global village is very right. Whatever happens in one country quickly ripples its effects on the whole planet.The airline industry ... Read more...

Posted in World News |

Qantas planning ‘green’ planes that will fly using ‘rubbish’ as fuel


January 4th, 2011 - 4:47 pm ICT by ANI
Melbourne, Jan 4 (ANI): Qantas is planning to use rubbish in an effort to power the airline's fleet with greener fuel, for which it will build a biofuel plant in Sydney.The airline ... Read more...

Posted in Health Science |

Global air traffic up 8.2 percent in November: IATA


December 30th, 2010 - 7:04 pm ICT by IANS
New Delhi, Dec 30 (IANS) The International Air Transport Association (IATA) Thursday said global passenger traffic grew by 8.2 percent in November as compared to the like period of 2009."International scheduled traffic ... Read more...

Posted in Business |

‘Cuddle class’ only the start of things to come, says Air New Zealand


December 26th, 2010 - 2:53 pm ICT by ANI
Wellington, Dec 26 (ANI): The innovations on Air New Zealand's new 777-300 aircraft are only the start of things to come, says the airline.The plane has a range of new products which ... Read more...

Posted in World |

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