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Sri Lanka to overhaul loss-making national airline after failing to find buyersSri Lanka's government will restructure its loss-making national airline, Sri Lankan Airlines, after failing to find a buyer for management...- SpiceJet holds annual general meetingSpiceJet shareholders on Monday sought to know about the airline's funding and expansion plans during the annual general meeting. At the 40...
- How SpiceJet is relying on grounded Boeing 737 Max jets to trim lossesSpiceJet is the only Indian airline that operates the Max. With firm orders for 142 more, it’s also one of its biggest customers globally. ...
- Tata Sons and Singapore Airlines in talks on AI bid optionsAirAsia Bhd, the Indian group’s partner in low-fare carrier AirAsia India, is understood to have released Tata from a no-compete clause, le...
- Tata Sons in talks to buy AirAsia's 49% in joint venture“AirAsia, because of its financial difficulties, is not keen on infusing capital into the India JV. It wants the JV to take on debt to run ...
- AirAsia's future in doubt due to coronavirus: AuditorThe aviation industry is facing its biggest-ever crisis due to the outbreak, with airlines worldwide laying off huge numbers of staff while...
- Stocks in the news: Jet Airways, Infibeam, Cipla and Fortis HealthcareHere are a few stocks whuich may buzz the most in today's trade.
- Jet Airways says not aware of any inquiry by Indian governmentJet Airways “has not received any communication from the Ministry of Corporate Affairs in this regard,” it said in a statement to the stock...
- It will now be very difficult for India to keep China out of its backyard. Here's whyThe new aircraft carrier will give China an edge for the first time in the carrier race with its Asian rival, a literal two-to-one advantag...
- Air India's most unusual baggage puts a spanner on Modi government's big selloff planThe airline owns prime landing slots as well as invaluable works of famous artists. But it also has $8 bn in debt, 27,000 staff and workers...
- Ratan Tata to head Indian Railways' Kaya Kalp council'Kaya Kalp' Council, an innovation council of Railways that Tata will head, has been tasked with suggesting ways to turn around the ailing ...
- DGCA to not review move to impose curbs on SpiceJet; stocks falls nearly 13%piceJet Ltd slipped as much as 12.8 per cent in trade on Monday, after the DGCA said it won't review its decision to impose curbs.
- With SpiceJet wobbling, pilots flocking to other airlines?As many as 54 SpiceJet pilots of the over 125 pilots who have quit the airline have already applied for a jobs in the two major airlines.
- SpiceJet in talks with investors to raise fundsCash-strapped budget airline SpiceJet, which has been exploring various means to raise funds for quite some time, today said it is in talks...
- SpiceJet tanks over 9 per cent after poor earningsShares of Spicejet tumbled over 9 per cent today after the air carrier reported a net loss of Rs 310 crore for the second quarter ended Sep...
- 40 pilots quit SpiceJet; auditors doubt Kalanithi Maran-led airline's viabilityThe airline auditors in their recent report have cast doubts over the ability of Kalanithi Maran's budget carrier to run it as a "going con...
- SpiceJet soars 12% despite Q4 net loss rising to Rs 321.5 croreThe stock had slipped as much as 6.3% in early trade. The airline's full-year loss widened to Rs 1,003.24 crore, up more than five times Yo...
- SpiceJet slips 6% as auditors raise concerns about its ability to stay in businessThe budget carrier's auditors have raised concerns about its ability to stay afloat as its operating losses have completely eroded its net ...
- Auditors red flag SpiceJet ability to stay in business as operating losses erode its net worthBudget carrier SpiceJet's auditors have raised concerns about its ability to stay afloat as its operating losses have completely eroded its...
- CAG questions 111 aircraft for Air IndiaThe CAG is also understood to be looking into the handling of Air India's routes and which of these the airline has withdrawn and why.
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