Page 12 - Airline Sector

FinMin allows airlines to avail up to Rs 1,500 crore loan under ECLGS

The Finance Ministry's decision is likely to benefit financially-beleaguered airlines, such as SpiceJet, which have been looking for the Centre's assistance to run their operations

Air India signs deal with Willis Lease Finance to replace 34 old engines

Air India has 113 planes in its fleet currently. Its narrow-body fleet comprises 70 aircraft, of which 54 are in service

'Abundant caution': Regulator extends cap on SpiceJet flights till Oct 29

Airline will have to demonstrate that it has the resources to fly more planes and it will continue under DGCA's 'enhanced surveillance'

Govt starts works on sale of 4 Air India subsidiaries it retained

Ground-handling arm would be monetised first; investor roadshows for all companies organised

InterGlobe Aviation dips 5% on news of partial stake sale by Rakesh Gangwal

Till 09:26 am; around 19.67 million equity shares, representing 5.1 per cent of the airline's total equity, changed hands on the NSE and BSE.

Why Capt Zoya Agarwal's flight into US aviation museum is significant

Becomes first female Indian pilot to join those who've contributed to advancement of commercial aviation

Can your pilot go off to sleep in the cockpit midair? Yes, but...

Both pilots of Ethiopian Airlines dozed off, missing the landing and causing safety concern

Akasa looks to undercut IndiGo as battle for cheapest airfares heats up

A week ahead of its maiden flight, airline is offering 10% lower fares on Mumbai-Ahmedabad route

Air India offers to compensate staff facing eviction from housing colonies

Unions move Bombay HC to challenge the proposed ejection from colonies in Mumbai

Stocks to Watch: RIL, ITC, CRISIL, PVR, GSFC, RBL Bk, Hindustan Zinc, Sugar

Stocks to Watch Today: Bandhan Bank, Compton Greaves, HDFC AMC, HFCL, JSW Steel, Reliance Industries and UltraTech Cement to announce Q1 results on Friday.

Frequent mid-air 'technical glitches' add to Spicejet's financial woes

Once an investor darling, SpiceJet is now the worst-performing airline stock in Asia, fighting a run of negative publicity triggered by a slew of seemingly innocuous but frequent technical glitches

Labour pain for pvt domestic airlines as staff threaten mass leave over pay

Aviation regulator DGCA forced to interfere as mass leaves threaten operation and safety

Ten years on, ex-Kingfisher Airline employees wait for their dues

The Supreme Court has awarded a four-month sentence to the grounded airline's flamboyant owner Vijay Mallya in a contempt case

Govt issues corrigendum to withdraw excise on ATF for international flights

Indian Oil had begun levying 11% duty following a govt notification; ATF accounts for 40% of an airline's operating expenses

Passengers start avoiding SpiceJet after mid-air safety failures: Survey

Passengers are starting to avoid SpiceJet Ltd. after a series of mid-air safety failures, according to a survey, dealing a blow to the cash-strapped airline

DGCA show cause notice to SpiceJet following spate of aircraft incidents

Three incidents on Tuesday alone; airline is operating on cash-and-carry basis and vendors aren't being paid regularly, leading to shortage of spares and frequent invocation of minimum equipment list

7th crisis in 2 months for SpiceJet: Two planes in mid-air scare on Tuesday

Delhi-Dubai flight diverted to Karachi over faulty indicator light; another plane from Kandla makes priority landing in Mumbai as windshield cracks

Our expansion plans will take a hit due to ATF duty, say airlines

ATF accounts for around 40 per cent of an airline's operating expenses

When flying over Indian skies, it's a bird, it's a plane, it's a bane

Birds and sundry animals pose a permanent safety hazard at Indian airports built near densely populated areas

Air India mulls working with private ground handlers after flight delays

AIASL serves Air India at all airports except Delhi, Bengaluru, Hyderabad, Mangalore, and Thiruvananthapuram