2 foreign and 2 Indian cos to set up aircraft leasing arm at Gift City: Aviation secy

New Delhi, Feb. 26 -- Two global aircraft financing and leasing companies, and two domestic aviation-related firms will be setting up aircraft leasing arms at the International Financial Services Cent... Read More

Jet's new owner Jalan to operate airline, build airport at Uzbekistan

New Delhi, Feb. 26 -- UAE-based Indian businessman Murari Lal Jalan, who is part of a two-member consortium chosen to revive Jet Airways (India) Ltd by its creditors, is in an advanced stage of talks ... Read More

GoAir to relocate domestic flight operations at Mumbai to T1

NEW DELHI, Feb. 26 -- No-frills carrier GoAir will shift its entire domestic flight operations in Mumbai to Terminal 1 (T1) from 10 March. All international flight operations of the airline in the cit... Read More

IATA expects aviation industry to remain cash negative during 2021

New Delhi, Feb. 26 -- The International Air Transport Association (IATA) expects the aviation industry to remain cash negative throughout 2021 due to covid-19 pandemic that has hit travel demand amid ... Read More

Jet creditors to be paid Rs 600 cr over two years

New Delhi, Feb. 24 -- The consortium chosen to resurrect Jet Airways (India) Ltd has proposed to invest Rs.600 crore in the first two years in the grounded airline to repay creditors and acquire an 89... Read More

IATA in discussion with Indian airlines for Travel Pass

New Delhi, Feb. 23 -- Global aviation industry body, The International Air Transport Association (IATA), on Tuesday said that it is in discussion with major Indian airlines for the usage of its 'Trave... Read More

Airlines owe AAI '2,500 cr in dues

NEW DELHI, Feb. 19 -- Major airlines owe state-owned airport operator Airports Authority of India (AAI) over '2,500 crore in dues, an amount mostly made up of Air India's dues of '2,218.81 crore, Unio... Read More

Govt eases caps on airfare, extends curbs till 31 March

NEW DELHI, Feb. 19 -- The government on Thursday, 11 February, raised fare caps for airlines by as much as 30% to offset rising fuel prices but extended the curbs on setting fares till 31 March amid t... Read More

Govt issues new guidelines to contain mutant strain

New Delhi, Feb. 18 -- India on Wednesday issued specific rules for flights from the UK, Europe and the Middle East, aimed at segregating travellers from Brazil, the UK and South Africa, where new covi... Read More

Air traffic improved by 5.6% in January

New Delhi, Feb. 18 -- Indian airlines flew about 5.6% more domestic passengers in January than in the previous month as travellers felt more confident about flying than before. As many as 7.73 millio... Read More