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AIRLINES PRICE TAKERS
Airlines are price takers, they do not have influence on prices they pay: IATA Chief EconomistAirline ticket prices have not kept pace with inflation. Airlines struggle with high costs like jet fuel and administrative fees. They are ...- As Diwali fails to light up travel, airlines drop faresData from the civil aviation ministry shows average occupancy of airlines has stayed below 85%, against airlines' expectation of 90% load i...
- Planes in place, now the airspaceIn tandem with India's status as the world's largest arms buyer, commercial aviation should create wider pathways into aerospace for the co...
- Air India FY21 loss seen at Rs 10,000 crore as pandemic takes a tollThe record loss is likely to impact the valuation of Air India, as the government prepares to sell the national carrier in the next fiscal....
- Govt sweetens AI deal; bidding allowed on enterprise value“In simple terms, the bidder will have to say how much of debt would the probable bidder take and the cost they would pay for the airline,”...
- Group of secretaries formed to see through privatisation of 6 airportsThe government’s focus is on the aviation space, and it has also launched a regional connectivity scheme to subsidise flights to the unserv...
- Air India ground staff strike in Mumbai delays over 30 flightsFlights were delayed between 11 pm Wednesday and 12 pm Thursday, said multiple people aware of the situation. There were, however, no cance...
- IndiGo, SpiceJet eye cargo businessSpiceJet is adding freighter aircraft, while IndiGo plans to ferry perishable cargo in the belly of its planes.
- SBI now expects to recover only part of Kingfisher dues, to take hit of Rs 900 croreThe total exposure of the SBI-led consortium of 14 banks to the Vijay Mallya-promoted airline is more than Rs 5,000 crore, excluding accrue...
- Kingfisher House goes on sale for 3rd time, reserve price down 15%The reserve price has been set at Rs 115 crore for the property located in the plush Vile Parle near airport in Mumbai.
- Officials examine capping of air fares; may raise floor prices: Ashok Gajapathi Raju"The idea is not to regulate for the sake of regulation. We don't want to push up the cost of tickets for the majority," the aviation minis...
- Kingfisher Airlines brand auctions flop again; banks may cut reserve priceThe reserve price was kept at Rs 366.70 crore, not even a tenth the price at which the brand was pledged for an exorbitant Rs 4,000 crore i...
- Lenders find no takers for Kingfisher brand, trademarksThe brand Kingfisher was collateralised to banks for a whopping Rs 4,000 crore (by Grant Thornton) in 2010, now down to a trickle.
- Air India plan to rent out Nariman Point tower hits pricing airpocketAI's plan to rent out most floors of its 23-storey building in the megapolis that till recently was its headquarters, has hit a stonewall o...
- Air India puts five B777s on block, eyes $450 mn from saleAfter failing to find any lessor for its five Boeing 777s, the debt-laden Air India is now planning an outright sale of these aircraft to r...
- Kingfisher Airlines to make 16 more planes operational next weekCash-strapped Kingfisher Airlines has told the DG of Civil Aviation (DGCA) that it will make 16 more aircraft operational next week.
- Buy Jet Airways, looks good for trade among aviation stocks: CK NarayanThe only one worthwhile trading would be maybe Jet Airways. It is on the futures as well. So Jet for a higher target till about 245-248 sti...
- 'Prices will come down in normal time'In view of declining inflation and recessionary conditions, the Planning Commission expects industry to cut prices in the normal course to ...
- Companies rule out price cut, ask govt to take initiativeIndividual companies did not think twice before ruling out such a proposition. Stocks 52 Week: High, Low | BSE Losers: A, B | NSE Losers | ...
- A Jet-Sahara war building up: crucial meeting todayWith less than 30 hours to go for the solemnisation of the Rs 2,300-crore Jet-Sahara deal, it seems that Jet is using the pending security ...
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