Cheap tickets to stay as India’s airlines squabble on fare hikesIndiGo, operated by InterGlobe Aviation Ltd., controls more than 50% of the domestic market. Nine other airlines compete for the rest, givi...
04 Apr, 2022, 08.42 AM IST
Fear of super-rich faking medical flights spurred India banIndia’s ban on medical evacuation was partly driven by concern that super-rich may fake needing treatment.
20 Apr, 2020, 09.44 PM IST
Robots to cut 200,000 US bank jobs in next decade, study saysFront-office headcount for investment banking and trading fell for a fifth year in 2018.
02 Oct, 2019, 12.06 PM IST
Next two to three weeks are extremely crucial for Jet survival: Mark D MartinSBI has got Jet in this desperate position, allowing lessees to take away its fleet, says Martin.
13 May, 2019, 04.26 PM IST
Government said to be looking at selling 51 per cent in Air India to strategic partnerIntense competition from non-state domestic airlines has added to the woes of the former monopoly carrier, which is saddled with about $7 b...
01 Mar, 2017, 01.07 AM IST
Tatas' aviation business may take off after change in cockpitIndustry experts reckon former chairman Cyrus Mistry didn’t have the aviation business as one of his priorities, though he took prudent dec...
26 Oct, 2016, 12.22 PM IST
Etihad men move out as Naresh Goyal back in Jet pilot's seatMany told ET that this and other developments hint the Jet-Etihad relationship is moving in a different direction three years after the two...
08 Oct, 2016, 12.47 PM IST
After recent plane order spree, India finds itself hard-pressed to find parking slotsThe average time an aircraft spends circling before it can land in Mumbai during peak hours is about 45 minutes to an hour.
18 Jul, 2016, 08.00 PM IST
Tata Sons increases stake in AirAsia India to 49%, equal to AirAsia BerhadThe salt-to-software conglomerate will buy a 7.49 per cent stake from the airline’s smallest shareholder Telestra Tradeplace, owned by Arun...
29 Mar, 2016, 08.38 AM IST
New airlines face major cash and operational issuesA majority of India’s new airlines are delaying salaries, putting off aircraft induction, grounding planes and cancelling flights.
13 Oct, 2015, 04.09 AM IST
India's new airlines face major cash, operational challengesChennai-based Premier Airways is waiting for an air operator’s permit and hasn’t paid salaries for the past three months, said four people,...
12 Oct, 2015, 09.07 AM IST
AAI in talks with oil companies like HPCl, BPCl to set up single entity for supplying fuelAirports Authority of India (AAI) has started discussions with state-owned oil companies to set up common infrastructure for the supply of ...
12 Aug, 2015, 05.05 AM IST
IndiGo's IPO: Non-operating income dominates profit, timing and valuation criticalOne analyst suggested the airline may be better off deferring its IPO by another two years when the India story is expected to get more upb...
28 Jul, 2015, 07.54 AM IST
Pawan Hans to spend about Rs 560 crore to raise fleet size to 12 aircraftsThe company will borrow 80% of the funds required for the purchase while the remainder will be generated from internal resources. T
11 Mar, 2015, 04.00 AM IST
AirAsia owner Tony Fernandes hits out at rival IndiGo on TwitterFernandes said he wouldn’t comment on the tweet, but a senior executive at the company said “you have not seen anything yet” underlining th...
21 May, 2014, 04.00 AM IST
- GM next on bankruptcy road?
GM is likely to end up in bankruptcy based on the Obama administration’s willingness to place Chrysler into court protection. 100 years of ...
05 May, 2009, 01.00 AM IST
- GM may not need more bailout funds
General Motors Corp. said it has enough government loans to cover its worst-case forecast for US auto sales and won’t need more if the econ...
08 Jan, 2009, 12.02 AM IST