Sep 23, 2014 at 22:15 | Source: CNBC-TV18
They emphasised on difficulties in operating in India, given its high cost aviation environment. CEOs from Spicejet, Indigo, Goair, Air India, Jet Airways, Vistara and Airasia India were at today's meeting, their first with Raju.
Sep 22, 2014 at 19:17 | Source: CNBC-TV18
The aviation minister has been promising that he will persuade states to lower sales tax on ATF and this is certainly one thing that's expected to come up in the meeting tomorrow.
Sep 22, 2014 at 12:12 | Source: Moneycontrol.com
Insurance premiums are set to rise by about 20-25 percent after a general hardening in aviation underwriting rates following a spate of aviation disasters this year.
Sep 17, 2014 at 18:29 | Source: CNBC-TV18
"We have entered into memorandum of understanding (MoU) with them for possibly financing up to 30 of our airplanes. So that could be various kinds of financial solutions could be commercial lending, could be selling lease pack, could be something else. The total value could go up to USD 2.6 billion," Aditya Ghosh, President, Indigo said.
Sep 17, 2014 at 17:16 | Source: Reuters
Under the memorandum of understanding, ICBC will provide IndiGo, India's largest airline by market share, with financing for the planes through either a sale and lease back or commercial lending deal.
Aug 25, 2014 at 13:08 | Source: Moneycontrol.com
According to a report, the aviation regulator has found serious violations such as fuel leaking into fuselage and panels of emergency doors missing for aircraft operated by some of the scheduled airlines.
Aug 24, 2014 at 18:43 | Source: PTI
Low-cost carrier IndiGo, which lost its market share by a per cent in July to 30.7 per cent, has also lost as many as 40 commanders or senior pilots mainly to Gulf carriers in the last one year.
Aug 21, 2014 at 16:37 | Source: PTI
"Our market share is relatively small. We have the (compact sedan) Indigo in this segment. It is about six per cent. Now with this launch it (market share) will grow quite strongly", Tata Motors Ltd, President, Passenger Vehicle business unit, Ranjit Yadav told reporters.
Aug 21, 2014 at 09:47 | Source: Moneycontrol.com
With its back up to the wall, SpiceJet has become the countrys second-largest carrier, largely thanks to the series of discount-sale programs it has run this year, even as concerns over its solvency continue alongside and after it posted yet another quarterly loss.
Aug 14, 2014 at 09:04 | Source: Reuters
The competition in the full-service sector is heating up with no guarantees there will be enough passengers willing to pay higher prices to sustain three carriers in a market where low-fares dominate and where airlines struggle to make a profit.