Budget airlines get costly
New Delh: ‘Low-cost’ carriers in India are no longer what they claim as they have been found charging fares higher than the full service airlines. The low cost carriers (LCCs) were found to be chargi
Jet, SpiceJet increase fares by steep 25 per cent; more airlines to follow suit
New Delhi: In a bad but expected news for air passengers, airfares have gone through the roof over the past couple of days, with all scheduled carriers either having already hiked fares or being in t
SpiceJet makes family members fly in 2 planes, fined Rs one lakh
New Delhi: SpiceJet has been directed by a consumer forum here to pay Rs one lakh to a passenger for not allowing all members of his family to board the plane despite having confirmed tickets and mak
SpiceJet shares surge over 8 pc on stake sale buzz
Mumbai: Shares of SpiceJet on Wednesday jumped over 8 per cent following reports that the company is in active discussions with Singapore-based budget carrier Tiger air for a possible stake sale.
Rea
SpiceJet Chief Executive Neil Mills quits
Mumbai: SpiceJet Chief Executive Neil Mills has put in his papers 18 months before his contract was to end, but the management is yet to accept his resignation, sources familiar with the development
Taxman ‘gropes’ woman on flight
Tirupati: The Tirupati Urban Police on Monday arrested a senior income-tax officer Jayashankar of Nellore zone, on charges of misbehaving with a woman officer of the Indian Railways on board the Hyde
Stocks up on FDI plans in aviation
India’s main indexes ended higher on Monday, led by gains in export-driven technology shares such as Infosys due to rupee’s weakness versus dollar, while reports of a stake sale to Etihad Airways buoy
Foreign airlines on 'wait-and-watch' mode on aviation FDI
Major foreign airlines seem to have adopted a wait-and-watch approach over the government's decision to allow them to pick up 49 per cent stake in Indian carriers, even though the government says t
Emirates says has no plans to buy stake in Indian carriers
Dubai's flagship carrier Emirates said on Monday it did not have plans to buy a stake in any Indian carrier, after India last week allowed foreign airlines to buy up to a 49 per cent stake in local ca
Cabinet to consider FDI in aviation on Friday
The cabinet will consider a proposal on Friday to allow foreign airlines to buy stakes in local carriers, moving forward with a much-delayed reform that could revitalise debt-ridden domestic carriers.