Go First filing for insolvency proceedings before NCLT is only the latest incident of an aviation company fighting for survival. Aviation c...

The list of failed airlines in India is quite long - full service or low-cost - and the major reason was financial crunch due to various fa...

SpiceJet promoter Ajay Singh is exploring a partial stake sale in the cash-strapped carrier and is in talks with a Middle Eastern carrier a...

Everything now hinges on the today's fateful meeting of the board of directors of the sinking airline.

At least 43 businesses have applied to Indian regulators in the past two years to start some form of passenger air transport service.

“Kaul has stepped down to evaluate and pursue opportunities outside the Jubilant Bhartia group,” the statement announcing Kaul’s resignatio...

Damania last month visited grounded southern regional carrier Air Pegasus which has been struggling for funds, delaying payments and trying...

The man who’s said to have coined the catchy fiveword slogan that launched Narendra Modi’s general election campaign is now playing a key r...

SpiceJet traces its lineage to a JV formed by the S K Modi Group and Lufthansa back in 1990s.

Lenders are reconciling to the fact that chances of an equity investor coming forward is remote while the airline's troubles are rising.

There were quite a few airlines that faced turbulence before shutting down. ET lists the airlines that went bust in the past two decades:

KFA is staring at a shutdown, as it told its employees that it cannot clear immediately the salary backlog of more than six months.

In a bid to keep the Tatas out of aviation space, successive govts had changed rules of aviation game every now and then, just to justify e...

Newbies to get permission only after the ministry is convinced that the cos have sound financials.

The Tata group is making an indirect entry into the domestic airline business as a financial investor.

Soon the government will be the auditor for aviation companies.

Mounting losses of airline companies - estimated to touch Rs 2,200 crore this year - has forced civil aviation minister Praful Patel to cau...