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Rijiju row shows Air India's schizophrenia: Don't know who is the real customer

Jul 03, 2015 at 07:10 | Source: FirstPost

Air India is a schizophrenic airline. It does not know its genuine customers from its imagined ones.Consider just two bits of recent evidence.A few days back, Maharashtra Chief Minister Devendra Fadnavis was in the middle of a media storm when a memb...

Work still in progress on changes to 5/20 norms: civil aviation ministry

Jul 02, 2015 at 22:31 | Source: FirstPost

New Delhi: Ministry of Civil Aviation today said no decision has been taken yet on changes to the 5/20 norms as work is still in progress on the matter. The ministry has sought views from various stakeholders on changes to the existing 5/20 norms -- ...

Rijiju row shows Air India's schizophrenia: It doesn't know who the real customer is

Jul 02, 2015 at 22:20 | Source: FirstPost

Air India is a schizophrenic airline. It does not know its genuine customers from its imagined ones.Consider just two bits of recent evidence.A few days back, Maharashtra Chief Minister Devendra Fadnavis was in the middle of a media storm when a memb...

IndiGo profits: Lowest cost structure, highest margins among all Indian airlines?

Jul 01, 2015 at 17:55 | Source: FirstPost

New Delhi: What makes IndiGo the largest airline in India in terms of passengers carried, with a track record of consistent profitability too? Well, now that the notoriously reticent airline is planning to get listed on the Indian bourses, some detai...

IndiGo, 1 of 2 Indian airlines making profit, files for Rs 2,500 cr IPO: Key things to know

Jul 01, 2015 at 14:42 | Source: FirstPost

Top no-frills carrier IndiGo has filed paper for a Rs 2,500 crore from the public investors. InterGlobe Aviation, has filed a draft red herring prospectus (DRHP) with the Securities Exchange Board of India (Sebi) for its proposed IPO, subject to appl...

Sensex crosses 28000: 4 reasons why investors are buying despite

Jul 01, 2015 at 12:44 | Source: FirstPost

Even as the Greece debt crisis continue to create havoc in European markets, Indian equities are continuing their uptick today.The key benchmark Sensex opened on a firm note and raced past the crucial 28,000 mark.At 10.50 am, the 30-share BSE S&a...

Sensex crosses 28000: 4 reasons why investors are buying despite Greek default

Jul 01, 2015 at 12:44 | Source: FirstPost

Even as the Greece debt crisis continue to create havoc in European markets, Indian equities are continuing their uptick today.The key benchmark Sensex opened on a firm note and raced past the crucial 28,000 mark.At 10.50 am, the 30-share BSE S&a...

IndiGo, 1 of 2 Indian airlines making profit, files for Rs 2500 cr IPO: Key things to know

Jul 01, 2015 at 11:42 | Source: FirstPost

Top no-frills carrier IndiGo has filed paper for a Rs 2,500 crore from the public investors. InterGlobe Aviation, has filed a draft red herring prospectus (DRHP) with the Securities Exchange Board of India (Sebi) for its proposed IPO, subject to appl...

Sensex crosses 28,000: 4 reasons why investors are buying despite Greek default

Jul 01, 2015 at 11:31 | Source: FirstPost

Even as the Greece debt crisis continue to create havoc in European markets, Indian equities are continuing their uptick today.The key benchmark Sensex opened on a firm note and raced past the crucial 28,000 mark.At 10.50 am, the 30-share BSE S&a...

IndiGo, 1 of 2 Indian airlines making profit, files for Rs 2500 cr IPO: 10 facts to know

Jul 01, 2015 at 09:26 | Source: FirstPost

Top no-frills carrier IndiGo has filed paper for a Rs 2,500 crore from the public investors. InterGlobe Aviation, has filed a draft red herring prospectus (DRHP) with the Securities Exchange Board of India (Sebi) for its proposed IPO, subject to appl...

IndiGo owner says terms of 250-jet Airbus order have expired| Reuters

Jun 30, 2015 at 23:30 | Source: FirstPost

NEW DELHI The owner of Indian airline IndiGo said on Tuesday that the terms of a provisional order to buy 250 aircraft from Airbus had expired, but that the two companies remained in talks about acquiring a "significant" number of A320neo j...

IndiGo owner says terms for 250-jet Airbus order have expired

Jun 30, 2015 at 22:29 | Source: FirstPost

New Delhi: The owner of Indian airline IndiGo said on Tuesday that the terms of a provisional order to buy 250 aircraft from Airbus had expired, but that the two companies remained in talks about acquiring a "significant" number of A320neo ...

IndiGo lines up Rs 2,500-crore IPO; files papers with Sebi

Jun 30, 2015 at 17:36 | Source: FirstPost

Top no-frills carrier IndiGo today approached capital markets regulator Sebi with Initial Public Offer (IPO) plans to raise an estimated Rs 2,500 crore from the public investors.InterGlobe Aviation Limited, which runs the country's biggest airline by...

Rahul effect? Govt doesn't want to be pro-corporate, goes slow on scrapping 5/20 in aviation

Jun 30, 2015 at 13:18 | Source: FirstPost

New Delhi - Rahul Gandhi's 'suit boot ki sarkar' jibe against the Modi government is having wide ramifications - to the extend probably the Congress scion himself never imagined.The fear of being seen as "pro-corporate" has already lead the...

Competition Commission rejects complaint against IndiGo

Jun 29, 2015 at 22:21 | Source: FirstPost

New Delhi: The Competition Commission has rejected allegations that leading airline IndiGo abused its dominant position by imposing arbitrary and unfair conditions on passengers.Rejecting the complaint, the regulator said there is "no prima faci...

IndiGo to file prospectus for $400 million float next week - sources| Reuters

Jun 27, 2015 at 01:45 | Source: FirstPost

SINGAPORE/MUMBAI India's biggest airline IndiGo is set to file a prospectus next week for a domestic stock market listing, which is expected to raise as much as $400 million, according to three sources with knowledge of the matter.IndiGo, owned by ho...

IndiGo to file prospectus for $400 mn float next week: sources

Jun 26, 2015 at 21:36 | Source: FirstPost

Singapore/Mumbai: India's biggest airline IndiGo is set to file the prospectus next week for a domestic stock market listing, expected to raise as much as $400 million, three sources with knowledge of the matter said.IndiGo, owned by hospitality and ...

Now, GoAir offers you cheap tickets for Rs 1,299 and Rs 999

Jun 26, 2015 at 15:29 | Source: FirstPost

Mumbai: Budget carrier GoAir today announced the launch of its special one-way fares starting from Rs 999 for travel from 27 January to 14 April 2016 and from Rs 1,299 for travel from 1 July to 30 September 2015. These fares can be availed by custome...

IndiGo closing in on 40% market share, SpiceJet scripts remarkable turnaround

Jun 22, 2015 at 13:21 | Source: FirstPost

IndiGo and SpiceJet are the two rising stars of the domestic aviation market this calendar year, of course for entirely different reasons. According to DGCA data, IndiGo has been steadily increasing its share of domestic passengers. It began 2015 wit...

Monsoon bonanza: Air India offers tickets starting Rs 1,777 for domestic travel

Jun 10, 2015 at 11:10 | Source: FirstPost

New Delhi: National carrier Air India today rolled out a limited period sale, offering all-inclusive fares as low as Rs 1,777 for travel on its domestic network, days after private airlines lowered their post-peak season ticket prices.Discounted tick...

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