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Ajay Singh's shareholding in SpiceJet down by 38.55% due to new fund raise

The airline announced it is going to raise a total of Rs 2,241.5 crore through the issuance of equity and warrants

Aviation industry expected to see 10-15% revenue growth in FY25: ICRA

The pace of recovery in the industry earnings will be gradual owing to the high fixed cost nature of the business

Up & down the job rollercoaster: Highs for aviation & pharma, lows for IT

The game flipped in the second half of 2022, and in 2023, it has decisively turned in the favour of employers - more talent is now chasing fewer active IT jobs

Expressed interest with resolution professional to buy Go First: SpiceJet

SpiceJet itself has been facing a cash crunch for the past several quarters. It is also dealing with multiple court cases regarding money owed to former owner Kalanithi Maran

Targeting 20% revenues from non-lounge services in 5 years: DreamFolks CMD

The company currently earns 99% of its revenues from providing technology solutions connecting banks (and their debit and credit cards) with airport lounges

Centre boosts CISF personnel headcount to avoid congestion at airports

Steps up efforts to ensure smooth passenger flow during Christmas and New Year

Indian carriers could incur up to $1.2 bn per year for 200 grounded planes

The standard monthly cost an active aircraft incurs is about $1 million and if it's grounded, the cost comes down to $0.5 million, according to CAPA's 'conservative' estimates

Kia India eyes 10% growth in sales volume next year: MD & CEO Tae-Jin Park

Park, however, anticipates the overall domestic passenger vehicle (PV) sales in the industry to stay "flat" in 2024, as demand primarily exists for sport utility vehicles (SUVs)

For EV battery infra: Gogoro open to commit billions to India story

Taiwan's electric vehicle giant unveils first e-scooter in India

SpiceJet board okays Rs 2,250 crore fundraising from 64 investors

Airline slips back to loss in second qtr

DGCA gives women wings: Plans 2024 framework to boost participation

About 15 per cent of Indian pilots are women, the highest globally. Dutt noted that within the DGCA, 11 per cent of the workforce consists of women

GQG Partners checks in at GMR Airports Infrastructure, buys 4.7% stake

Total 11.8% equity stakes changed hands in block deals

India's busiest routes see surprise dip in airfares for year-end travel

Fare 'adjustment' comes as airlines seek to rectify missteps taken before Diwali

Ayodhya airport to be ready by month-end, says Jyotiraditya Scindia

The grand inauguration of the Ram Temple in Ayodhya is set for January 22 next year

SpiceJet board considering raising fresh capital by issuing equity shares

Budget airline tells BSE about its plan; told court earlier it's 'struggling to stay afloat'

Unable to repossess Go First planes, global aviation body downgrades India

Country tagged 'negative' due to 'material non-compliance', says Aviation Working Group

Air India changes aircraft order with Airbus, cites 'business requirements'

Indian carrier had placed order for 250 planes with European manufacturer

Indian carriers' on-time performance plummets in November, shows data

AIX Connect's OTP dropped from 83.33 per cent in October to 73.63 per cent

Air India targets 5x members for frequent-flyer plan in four years

In August, Air India Chief Executive Officer (CEO) and Managing Director (MD) Campbell Wilson announced that a thoroughly revamped loyalty programme is set to launch early next year

Average daily international passenger traffic soared 8.36% in November

The average daily domestic traffic also rose by 3.94 per cent M-o-M to 423,883 in November due to Diwali and other festivals