budget carrier

Aviation stocks rally on CCEA meet clearing FDI in airlines


September 14th, 2012 - 4:33 pm ICT by IANS
New Delhi, Sep 14 (IANS) Aviation stocks rallied Friday as the cabinet committee on economic affairs (CCEA) is set to take up a proposal to allowing foreign airlines ... Read more...

Posted in Uncategorized |

Air Arabia to connect 13 Indian cities to Odessa


September 5th, 2012 - 11:22 pm ICT by IANS
New Delhi, Sep 5 (IANS) Budget carrier Air Arabia Wednesday said that it will connect 13 Indian cities to the Ukrainian city of Odessa from Oct 12, 2012 via Sharjah."Launch ... Read more...

Posted in Business |

Air Arabia to run two Delhi-Sharjah flights daily


August 29th, 2012 - 6:33 pm ICT by IANS
New Delhi, Aug 29 (IANS) In a bid to increase its market share, Middle East based budget carrier Air Arabia Wednesday said it will start operating two daily flight services ... Read more...

Posted in Business |

SpiceJet to start Madurai-Colombo service


August 29th, 2012 - 6:29 pm ICT by IANS
New Delhi, Aug 29 (IANS) Budget carrier SpiceJet Wednesday said it will start services between Madurai and Colombo from Sep 20."SpiceJet will be the first airline to operate regular international ... Read more...

Posted in Business |

SpiceJet to base newly acquired aircraft in Delhi


July 5th, 2012 - 5:43 am ICT by IANS
New Delhi, July 4 (IANS) Budget carrier SpiceJet Wednesday said that the national capital will become the third base for its five newly-acquired Bombardier Q400 turboprop aircraft after Hyderabad and ... Read more...

Posted in Business |

Rude flight attendants could be good thing, for a change (The Funny Side)


June 29th, 2012 - 12:26 pm ICT by IANS
As we begin our descent, all passengers should stow their tray tables and shut their stupid mouths. A Japanese low-cost airline offers something truly unusual: rude flight attendants. The customer relationship ... Read more...

Posted in World |

SpiceJet to start daily flights to Dubai


June 8th, 2012 - 7:03 pm ICT by IANS
New Delhi, June 8 (IANS) Budget carrier SpiceJet Friday said it would add Dubai as the third international destination to its network by daily operating direct Delhi-Dubai and Mumbai-Dubai flights ... Read more...

Posted in Business |

Domestic airlines’ 2011-12 losses around Rs.10,000 crore


May 3rd, 2012 - 6:58 pm ICT by IANS
New Delhi, May 3 (IANS) The total operational losses of all domestic airlines, barring the budget carrier IndiGo, in 2011-12 is estimated to be around Rs.10,000 crore, Civil Aviation Minister ... Read more...

Posted in Business |

SpiceJet makes precautionary landing at Mumbai airport


April 13th, 2012 - 3:48 pm ICT by IANS
New Delhi, April 13 (IANS) Budget carrier SpiceJet said that its Ahmedabad-to-Chennai flight carrying 106 passengers and crew made a precautionary landing at Mumbai airport early Friday morning due ... Read more...

Posted in Business |

SpiceJet applies for direct import of jet fuel


April 3rd, 2012 - 1:23 am ICT by IANS
New Delhi, April 2 (IANS) Budget carrier SpiceJet Monday said it has applied to the Director General of Foreign Trade (DGFT) for permitting the airline to directly import jet ... Read more...

Posted in Business |

SpiceJet foresees tough times


March 5th, 2012 - 2:08 pm ICT by IANS
New Delhi, March 5 (IANS) Budget carrier SpiceJet's chief executive Neil Mills feels the aviation sector, marred by high fuel and interest cost in the coming fiscal, will continue ... Read more...

Posted in Business |

SpiceJet shares rise 4.11 percent as Maran raises stake


March 3rd, 2012 - 6:02 pm ICT by IANS
Mumbai, March 3 (IANS) Shares of budget carrier SpiceJet Saturday closed 4.11 percent up after it became known that promoter Kalanithi Maran would infuse Rs.100 crore into the airline in ... Read more...

Posted in Business |

SpiceJet promoter to infuse Rs.100 crore


March 2nd, 2012 - 10:35 pm ICT by IANS
New Delhi, March 2 (IANS) Budget carrier Spicejet Friday said its promoter Kalanidhi Maran will infuse Rs.100 crore into the passenger carrier in lieu of five percent equity or additional ... Read more...

Posted in Business |

Aviation stocks rally after direct jet fuel import allowed


February 7th, 2012 - 5:06 pm ICT by IANS
Mumbai, Feb 7 (IANS) Scrips of three listed domestic carriers -- Jet Airways, Kingfisher Airlines and SpiceJet -- rallied after the government Tuesday allowed airlines to import jet fuel ... Read more...

Posted in Business |

SpiceJet’s third quarter net loss at Rs.39.26 crore


February 6th, 2012 - 7:33 pm ICT by IANS
Mumbai, Feb 6 (IANS) Budget carrier SpiceJet Monday reported a net loss of Rs.39.26 crore for the quarter ended Dec 31 from a net profit of Rs.94.44 crore in the ... Read more...

Posted in Business |

IndiGo defends itself, says passenger safety paramount (Lead)


January 9th, 2012 - 8:42 pm ICT by IANS
New Delhi, Jan 9 (IANS) Low-cost carrier IndiGo Monday tried to defend itself against the civil aviation watchdog's charge that it had flouted mandatory safety norms, and said passenger safety ... Read more...

Posted in Business |

IndiGo says passenger safety its mission


January 9th, 2012 - 7:20 pm ICT by IANS
New Delhi, Jan 9 (IANS) Low cost carrier IndiGo Monday said it has not flouted any safety norms by not reporting incidents of flight duty times of airlines' personnel or ... Read more...

Posted in Business |

No airline faces closure, will ensure safety: Watchdog


January 5th, 2012 - 7:49 pm ICT by IANS
New Delhi/Mumbai, Jan 5 (IANS) India's aviation regulator Thursday said it is taking steps to ensure safety norms and ruled out forcing any airline into closure on that count."We have ... Read more...

Posted in Business |

IndiGo launches five new domestic flights


December 23rd, 2011 - 7:48 pm ICT by IANS
New Delhi, Dec 23 (IANS) Budget carrier IndiGo Friday said it has added five more daily flights on its domestic route.The new flights started Dec 20 are in the Kolkata-Raipur, ... Read more...

Posted in Business |

Kingfisher’s market share falls to fifth place in November


December 22nd, 2011 - 7:01 pm ICT by IANS
New Delhi, Dec 22 (IANS) Vijay Mallya-headed Kingfisher Airlines' domestic market share dropped to fifth place at 14 percent in November, caused by its less capacity due to route rationalisation ... Read more...

Posted in Business |

Jetlite to start new flights from Ahmedabad


November 7th, 2011 - 5:52 pm ICT by IANS
Mumbai, Nov 7 (IANS) Budget carrier JetLite Monday said it would introduce new daily flights from Ahmedabad to five cities from Nov 15."We are confident that these additional services will ... Read more...

Posted in Business |

India’s richest lost 20 percent of wealth: Forbes


October 27th, 2011 - 1:26 pm ICT by IANS
New York, Oct 27 (IANS) Despite the Indian economy growing at over 7.5 percent the top 100 rich in the country lost 20 percent of their wealth, which was down ... Read more...

Posted in Business |

IndiGo to expand global operations from Mumbai


September 30th, 2011 - 9:35 pm ICT by IANS
New Delhi, Sep 30 (IANS) Budget carrier IndiGo Friday said it will expand its international network by connecting Mumbai with Dubai and Bangkok from Oct 2."Dubai and Bangkok are key ... Read more...

Posted in Business |

Mallya to ground low-cost Kingfisher Red in four months


September 28th, 2011 - 10:14 pm ICT by IANS
Bangalore, Sep 28 (IANS) 'King of good times' Vijay Mallya Wednesday decided to ground his low-cost Kingfisher Red brand by January 31, 2012 as his cash-strapped airline firm hit turbulence ... Read more...

Posted in Business |

Karnataka’s Hubli airport on high alert against terror attack


September 25th, 2011 - 11:02 pm ICT by IANS
Bangalore, Sep 25 (IANS) Hubli airport in north Karnataka has been put on high alert after a tip-off by intelligence agencies that a small aircraft may be hijacked and crashed ... Read more...

Posted in Uncategorized |

Sun TV shares down after Maran quits union cabinet (Lead)


July 7th, 2011 - 7:17 pm ICT by IANS
Mumbai, July 7 (IANS) The shares of Sun TV Network, one of south India's largest media and entertainment companies, took a beating of as much as five percent intra-day ... Read more...

Posted in Business |

Maran closeted with party colleagues, set to fly to Chennai


July 7th, 2011 - 5:04 pm ICT by IANS
New Delhi, July 7 (IANS) Soon after resigning as textiles minister, Dayanidhi Maran, the latest political heavyweight under the scanner in the 2G spectrum scandal, was closeted with party ... Read more...

Posted in Uncategorized |

Sun TV shares down after Maran quits as textiles minister


July 7th, 2011 - 4:50 pm ICT by IANS
Mumbai, July 7 (IANS) The shares of Sun TV Network, one of south India's largest media and entertainment companies, were down over 5 percent Thursday, after reports that textiles ... Read more...

Posted in Business |

SpiceJet seeks RBI’s permission to raise $270 mn


June 24th, 2011 - 8:26 pm ICT by IANS
New Delhi/Mumbai, June 24 (IANS) Budget carrier SpiceJet Friday said it has sought permission from the Reserve Bank of India (RBI) to raise $270 million for aircraft acquisitions to expand ... Read more...

Posted in Business |

GoAir orders 72 aircraft from Airbus


June 16th, 2011 - 10:22 pm ICT by IANS
Mumbai, June 16 (IANS) In a move to service increasing passenger growth, budget carrier GoAir Thursday said it has placed an order worth Rs.32,400 crore ($7.2 billion) with Airbus for ... Read more...

Posted in Business |

Jet Airways posts net profit of Rs.9.69 crore


May 19th, 2011 - 6:44 pm ICT by IANS
Mumbai, May 19 (IANS) Jet Airways Thursday reported a stand- alone net profit of Rs.9.69 crore for fiscal year 2010-11, as compared to a net loss of Rs.467.64 crore for ... Read more...

Posted in Business |

SpiceJet launches flights to Nagpur


May 16th, 2011 - 4:50 pm ICT by IANS
Mumbai, May 16 (IANS) Budget carrier SpiceJet Monday announced launch of flights connecting Delhi and Bangalore to Nagpur in Maharashtra."Nagpur is a major commercial and political centre for Maharashtra, besides ... Read more...

Posted in Business |

Talks to continue to end Air India impasse (Roundup)


May 5th, 2011 - 11:27 pm ICT by IANS
New Delhi, May 5 (IANS) Interlocutors from the aviation ministry and representatives of the Air India's pilots failed to resolve the impasse Thursday on the ninth day of the strike ... Read more...

Posted in Business |

Talks on to end Air India impasse (Second Lead)


May 5th, 2011 - 9:31 pm ICT by IANS
New Delhi, May 5 (IANS) Informal talks were on Thursday between the Indian civil aviation ministry and representatives of the Air India pilots to end the nine-day strike that has ... Read more...

Posted in Business |

Second round of talks with Air India pilots begin (Lead)


May 5th, 2011 - 3:00 pm ICT by IANS
New Delhi, May 5 (IANS) A two-member team of the civil aviation ministry Thursday began a second round of informal talks with the Indian Commercial Pilots Association (ICPA) as the ... Read more...

Posted in Business |

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