domestic market share

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 |

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 |

Alliance Air launches Delhi-Kanpur-Kolkata flight


May 24th, 2011 - 7:00 pm ICT by IANS
New Delhi/Kanpur, May 24 (IANS) National carrier Air India's budget subsidiary, Alliance Air, Tuesday started a hopping flight between the national capital to Kolkata with a 30-minute stopover at Kanpur."Alliance ... Read more...

Posted in Business |

Air India to focus on innovative regional routes to shore up growth


May 23rd, 2011 - 5:46 pm ICT by IANS
New Delhi, May 23 (IANS) National carrier Air India Monday said that it will focus on innovative regional routes, including tier-two and tier-three cities, to shore up its domestic market ... Read more...

Posted in Business |

Bajaj Auto net profit soars 163 percent


May 18th, 2011 - 4:56 pm ICT by IANS
Mumbai, May 18 (IANS) Boosted by an exceptional gain of Rs.827 crore, Bajaj Auto Wednesday reported an increase of 163 percent in its net profit for the fourth quarter of ... Read more...

Posted in Business |

Airlines quizzed on fare hike during Air India stir


May 13th, 2011 - 7:08 pm ICT by IANS
New Delhi, May 13 (IANS) The Competition Commission of India (CCI) Friday met representatives of private airlines seeking an explanation for the sudden hike in fares during the 10-day strike ... Read more...

Posted in Uncategorized |

Private airlines told not to hike fares


May 2nd, 2011 - 8:18 pm ICT by IANS
New Delhi, May 2 (IANS) Aviation regulator Directorate General of Civil Aviation (DGCA) Monday directed private airlines not to take advantage of the Air India pilots' strike by hiking air ... Read more...

Posted in Business |

Android sweeps Apple, BlackBerry in US smart phone market


November 2nd, 2010 - 12:33 pm ICT by IANS
By Gurmukh Singh Toronto, Nov 2 (IANS) There is more bad news for BlackBerry maker Research In Motion (RIM) as its smart phone sales have slipped to the third position in the ... Read more...

Posted in Sci-Tech |

Jet Airways Q1 net profit at Rs.3.52 crore


July 23rd, 2010 - 9:45 pm ICT by IANS
New Delhi, July 23 (IANS) India's largest airline group by domestic market share, Jet Airways, logged a net profit of Rs.3.52 crore in the first quarter of this fiscal due to higher ... Read more...

Posted in Business |

Air India’s new record - 50,308 passengers May 16


May 18th, 2010 - 9:26 pm ICT by IANS
Mumbai, May 18 (IANS) The national flag carrier Air India (AI) set a new personal record by carrying 50,308 passengers on its entire domestic and international network Sunday, an official said here ... Read more...

Posted in Business |

Air India carries more passengers in April, May 2010


May 16th, 2010 - 5:48 pm ICT by IANS
Mumbai, May 16 (IANS) National carrier Air India notched a 19.7 percent increase in passenger traffic last month and a similar trend continued during the first half of May as compared to ... Read more...

Posted in Business |

Jet Airways No.1 domestic airline for sixth straight month


April 15th, 2010 - 9:23 pm ICT by IANS
New Delhi, April 15 (IANS) India's private carrier Jet Airways along with its low-cost subsidiary JetLite has emerged as the leader for the sixth consecutive month in March capturing 26.1 percent of ... Read more...

Posted in Business |

Air India employees march to parliament


November 19th, 2009 - 5:42 pm ICT by IANS
New Delhi, Nov 19 (IANS) A section of Air India employees including pilots Thursday organised a march to parliament to pressurise the government to regularise their salaries without cuts. The employees also ... Read more...

Posted in Business |

Air India to get Rs.400-cr state aid by January (Lead)


November 17th, 2009 - 8:03 pm ICT by IANS
Mumbai, Nov 17 (IANS) The state-owned National Aviation Co of India Ltd (NACIL) that runs the loss-making Air India will get the first instalment of equity infusion from the government worth ... Read more...

Posted in Business |

Air India to continue with incentives for employees (Lead)


November 17th, 2009 - 6:59 pm ICT by IANS
New Delhi/Mumbai, Nov 17 (IANS) The National Aviation Co of India Ltd (NACIL) that runs national carrier Air India Tuesday decided to continue with the present performance linked incentives (PLI) as passenger ... Read more...

Posted in Business |

Air India to get Rs.400 cr by January


November 17th, 2009 - 6:36 pm ICT by IANS
Mumbai, Nov 17 (IANS) The state-run National Aviation Co of India Ltd (NACIL) that runs Air India will get by January the first instalment of equity infusion by the government worth ... Read more...

Posted in Business |

Air India to fix incentive cut quantum Tuesday


November 17th, 2009 - 4:56 pm ICT by IANS
New Delhi/Mumbai, Nov 17 (IANS) The Air India management is expected to take a call Tuesday on the quantum of reduction of performance linked incentives (PLI), which constitutes a major chunk ... Read more...

Posted in Business |

Escorts profits up in 2007-08


December 29th, 2008 - 7:25 pm ICT by IANS
New Delhi, Dec 29 (IANS) Engineering major Escorts Ltd notched profits of Rs.118.7 million (Rs.11.87 crore) in 2007-08 on account of a higher domestic market share and greater cost and operational efficiencies, ... Read more...

Posted in Business |

Parliamentary body wants Air India to emulate private airlines


December 20th, 2008 - 9:32 pm ICT by IANS
New Delhi, Dec 20 (IANS) A parliamentary committee has recommended setting up a commission to study how private airlines operate to help the government-run Air India recoup its losses."The findings of the ... Read more...

Posted in Uncategorized |

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