The record loss is likely to impact the valuation of Air India, as the government prepares to sell the national carrier in the next fiscal....

“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,”...

The government’s focus is on the aviation space, and it has also launched a regional connectivity scheme to subsidise flights to the unserv...

Flights were delayed between 11 pm Wednesday and 12 pm Thursday, said multiple people aware of the situation. There were, however, no cance...

SpiceJet is adding freighter aircraft, while IndiGo plans to ferry perishable cargo in the belly of its planes.

The 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...

The reserve price has been set at Rs 115 crore for the property located in the plush Vile Parle near airport in Mumbai.

"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...

The 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...

The brand Kingfisher was collateralised to banks for a whopping Rs 4,000 crore (by Grant Thornton) in 2010, now down to a trickle.

AI'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...

After 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...

Cash-strapped Kingfisher Airlines has told the DG of Civil Aviation (DGCA) that it will make 16 more aircraft operational next week.

The 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...

In view of declining inflation and recessionary conditions, the Planning Commission expects industry to cut prices in the normal course to ...

Individual companies did not think twice before ruling out such a proposition. Stocks 52 Week: High, Low | BSE Losers: A, B | NSE Losers | ...

With 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 ...