Transport News

Jet Airways up 7% on stake sale talks with Etihad  

04 Dec 2012, 10.00 am  |  Source: Moneycontrol.com

Shares of Jet Airways, country's second largest airline company, surged 7 percent in early trade to touch a new 52-week high of Rs 594 on Tuesday as A...

Jet Airways rises on reports of stake sale to Etihad  

04 Dec 2012, 9.46 am  |  Source: Reuters

Shares in Jet Airways rose over 7 percent in early trade on reports that it may sell stake to Etihad Airways....

Jet Airways 'plans' to have marketing alliance with Etihad  

03 Dec 2012, 9.29 pm  |  Source: PTI

Jet Airways, which has been in talks with Etihad Airways on off-loading 24 per cent of its stake for about Rs 1,600 crore, also plans to have a market...

MIAL may slap eviction notice on Kingfisher  

03 Dec 2012, 8.28 pm  |  Source: PTI

In fresh trouble for beleaguered Kingfisher Airlines, the Mumbai airport authorities may issue an eviction notice after the grounded carrier failed to...

Jet extends it code-share with Japanese carrier All Nippon  

03 Dec 2012, 5.00 pm  |  Source: PTI

Private carrier Jet Airways today said it has expanded its code-share arrangement with Japan's All Nippon Airways. Code-sharing allows an airline to b...

Kingfisher may lose Mumbai airport office, stock down 3%  

03 Dec 2012, 9.35 am  |  Source: Moneycontrol.com

Shares of Kingfisher Airlines are down 3% on media reports that Mumbai International Airport Limited (MIAL) is contemplating an eviction notice direct...

SpiceJet rejects charges of mid-air argument over landing  

30 Nov 2012, 10.45 pm  |  Source: PTI

Refuting charges that pilots of its two flights argued mid-air over landing, SpiceJet on Friday said at no point any rule or procedure was violated or...

Banks say no word from Kingfisher even as deadline ends   

30 Nov 2012, 7.18 pm  |  Source: PTI

Lenders to Kingfisher Airlines said they are yet to hear from the grounded airline even as the deadline set by the bankers to bring in fresh equity of...

Banks to take final call on Kingfisher after Mallya meet  

30 Nov 2012, 1.42 pm  |  Source: Moneycontrol.com

With no viable option left, the lenders to the debt-ridden Kingfisher Airlines (KFA) are set to take the “final call” on settling their outstandin...

Salary woes: Kingfisher pilots threaten to approach DGCA  

30 Nov 2012, 12.00 pm  |  Source: PTI

Having failed to receive their May salary as assured by the Kingfisher management, the airline pilots have now threatened to approach DGCA if they did...

D-day for Kingfisher Airlines on Friday: Sources  

29 Nov 2012, 10.00 pm  |  Source: CNBC-TV18

Tomorrow could be a crucial day for Vijay Mallya's Kingfisher Airlines. ...

Jet Air-Etihad deal to be signed in three months: Sources   

29 Nov 2012, 12.04 pm  |  Source: CNBC-TV18

The much talked about Jet-Airways-Etihad deal may be structured in two tranches and within three months, exclusive sources told CNBC-TV18. Though Jet...

Eithad-Jet deal to be beneficial for both parties: Bhargava   

27 Nov 2012, 12.11 pm  |  Source: CNBC-TV18

Sharan Lillaney, research analyst, Angel Broking, and Jitendra Bhargava, former ED, Air India talk on the recent developments in the aviation sector. ...

Assocham asks for bailout for Kingfisher after AI decision  

26 Nov 2012, 5.39 pm  |  Source: PTI

Industry body Assohcam today suggested a bailout for the grounded Kingfisher Airlines following the government's decision to rescue the ailing nationa...

Foreign carriers interested to buy stake: SpiceJet  

26 Nov 2012, 3.26 pm  |  Source: Reuters

Budget carrier SpiceJet Ltd said on Monday that some foreign investors have expressed interests to pick up a stake in the company following a recent r...

Jet Airways in stake sale talks with Etihad: Source  

26 Nov 2012, 11.26 am  |  Source: Reuters

Jet Airways is in talks with Abu Dhabi's Etihad Airways to sell a minority stake, a government source said on Monday....

Jet Air up 8% on stake sale news  

26 Nov 2012, 9.30 am  |  Source: Moneycontrol.com

Shares of Jet Airways climbed 8% to Rs 546.25 on speculation that the airline is planning to sell stakes to a Hong Kong-based company. Simultaneously,...

Jet Air up 14%, Hong Kong firm picks sizeable shares  

23 Nov 2012, 12.54 pm  |  Source: Moneycontrol.com

Shares of Jet Airways rallied around 14% to Rs 495.10 on reports that a Hong Kong-based brokerage & investment company has turned buyer in the counter...

SpiceJet to issue up to 5.2cr shares to promoter; stk up  

22 Nov 2012, 9.21 am  |  Source: Moneycontrol.com

SpiceJet is going to issue up to 5.2 crore shares to promoter on preferential basis, reports CNBC-TV18. At 09:19 hrs SpiceJet was quoting at Rs 37.80,...

SpiceJet to issue convertible securities to promoter  

21 Nov 2012, 10.31 pm  |  Source: PTI

SpiceJet on Wednesday said it would issue convertible warrants to its promoter, which could fetch the budget-airline nearly Rs 200 crore at the curre...

Jet Air tries to lure customers with new ticket booklet  

21 Nov 2012, 5.42 pm  |  Source: Moneycontrol.com

As part of its ongoing marketing activities, Jet Airways has introduced a ‘one fare pass’ booklet which includes four coupons which can be used a...

SpiceJet rallies on stake sale speculation  

21 Nov 2012, 4.29 pm  |  Source: Reuters

Shares in SpiceJet gain 2.9 percent after newspaper The Financial Express reports a couple of key stakeholders in SpiceJet have resigned from the boar...

No stake sale in SpiceJet, says Sun Group CFO   

21 Nov 2012, 12.37 pm  |  Source: CNBC-TV18

News of a stake sale in SpiceJet was doing the rounds. But, SL Narayanan, Group CFO of Sun Group denied any such reports and said the Marans continue ...

Kingfisher up on report UB Holdings may sell property  

21 Nov 2012, 11.12 am  |  Source: Reuters

Shares in Kingfisher Airlines rise 1.5 percent after a newspaper reported Blackstone has made an offer to buy prime office and retail real estate prop...

Will Air India's Jaldi Jaldi scheme trigger fare war?  

21 Nov 2012, 10.41 am  |  Source: Moneycontrol.com

Air India has launched a special promotional scheme in which an all inclusive Mumbai-Delhi fare would be Rs 3,699 which is almost 80% less than what i...

SpiceJet up 2% on stake sale news  

21 Nov 2012, 9.37 am  |  Source: Moneycontrol.com

Shares of SpiceJet rose around 2.29% to Rs 35.75 on reports of a likely stake sale by the company. ...

Festival season perks up air traffic 13% in October  

20 Nov 2012, 7.00 pm  |  Source: PTI

The number of people travelling by domestic airlines grew by over 13 percent in October, as high demand during holiday season arrested a five-month do...

Kingfisher flies 4% on likely stake sale to PE firm  

20 Nov 2012, 12.24 pm  |  Source: Moneycontrol.com

The debt-laden Kingfisher Airlines rebounded in afternoon trade, rising as much as 3.91 percent to hit an intraday high of Rs 13.81 as sources say Uni...

TPG interested to pick up stakes in Kingfisher: Sources   

20 Nov 2012, 11.56 am  |  Source: CNBC-TV18

Private equity player TPG has so far evinced interest in picking up stakes in Kingfisher Airlines, sources told CNBC-TV18. ...

Frontline Trans Sep '12 sales at Rs 10.95 crore  

19 Nov 2012, 3.06 pm  |  Source: Moneycontrol.com

Frontline Transport Ltd has reported a sales turnover of Rs 10.95 crore and a net loss of Rs 0.02 crore for the quarter ended Sep '12...