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IndiGo flight chaos: India sees shock surge in private jet bookings as flight disruptions leave travellers desperateIndia's aviation crisis is driving a boom in private jet bookings. Flight cancellations and delays are forcing travellers, including weddin...- Lessor AWAS requests de-registration of SpiceJet planes over unpaid duesThe airline's flights have also had frequent safety snags in the last two months. The DGCA issued a show cause notice to the airline recent...
- Tax respite for Bombardier in a transfer pricing case involving Indian armThe company is a tax resident of Sweden and an entity for the Rail Control Solutions business of Bombardier. As per case details, the compa...
- Stocks in the news: SBI, Wipro, Kotak Mahindra Bank, ITC, YES Bank and HALTata Motors reported a consolidated net profit of Rs 1,755.88 crore in the three months ended December 31.
- Foreign locomotive majors run into input tax issues, seek refundThe companies are confronted with input tax credit that’s piled up due to government restrictions on the railway sector under GST.
- need2know: Six things you must know to start your day on D-StreetHere's a look at six macro-economic triggers that are likely to impact the market today.
- High taxes and poor infrastructure take toll on business jets in IndiaBusiness jets seem to be losing shine as corporate trophies, largely because they are costly headaches to maintain. India’s fleet of such a...
- SpiceJet expects to resolve settlement disputes with lessors shortlyThe airline has reached in-principle understanding with one of the two lessors already, and is in advanced discussions with the other lesso...
- SpiceJet Crisis: Airline to induct seven Boeings by March-end as ownership changes“We will now start the process of analysing routes on the basis of revenue potential. We may shut routes that do not have revenue potential...
- Can SpiceJet's COO Sanjiv Kapoor turn around the cash-strapped airline?Sanjiv Kapoor, who runs the cash-strapped, crisis-racked low-cost carrier SpiceJet, has the toughest job in Indian aviation.
- Aviation sector asks government to slash taxes on jet fuelIndian aviation industry today asked the gov to slash taxes on jet fuel, exempt aircraft engines from customs duty and rationalise taxation...
- Business of private jet companies budding, but not booming in IndiaThe Indian private jet industry has long been hobbled by high taxes on jet fuel, exorbitant charges at airports, poor infrastructure and wo...
- SpiceJet phases out expat pilots on costly dollarWith an expat commander getting almost three times more than the average Indian commander’s monthly pay of Rs 5 lakh, the airline is lookin...
- SpiceJet, Jet Airways back in profits; will aviation fly high?SpiceJet’s turnaround is both remarkable and significant because of the all-round economic funk that has long enveloped aviation. Indian ca...
- Why India's airlines no longer looking at profit or loss but at survival or extinctionNext quarter's results will make clear what insiders/analysts fear: India's airlines are not looking at profit or loss but survival or exti...
- Ruling expected in long Boeing, Airbus disputeBoeing and Airbus expect to find out Friday who won the first round in their epic trade dispute, when the World Trade Organization rules on...
- Stocks to watch: Sterlite Industries, HDFC, NMDC, REC, Sun Pharma, Jet Airways, InfosysCrude oil prices eased in Asian trade Thursday as concerns of economic recovery still kept the investors jittery.
- Gujarat SEZs attract industrialistsLooking at the investment opportunities and trade incentives, the buck for industrial big wigs stops at many SEZs aimed at making Gujarat a...
- More private jets enter into Indian skylineThe number of private jets as of July 2008 is pegged at 250 given the entry of about 22 jets in the last 7 months. Top 10 airports | Fighte...
- Up, up and awayTOP on the aviation industry’s wish list this Budget is the abolition of Inland Air Travel Tax (IATT), which can bring down domestic fares ...
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