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Reuters
February 23, 2017
Vijay Mallya, the one-time billionaire who co-owns the Force India Formula One team, said on Wednesday Indian authorities had no grounds to extradite him from Britain and he would not be leaving.
PTI
New Delhi, February 22, 2017
The full service airline Vistara will begin red-eye flights between Pune and Kolkata in March and commence operations to Port Blair from New Delhi in April.
PTI
February 22, 2017
The IndiGo plane from Kolkata to Hyderabad (VT-IEM) and the Kolkata-bound SilkAir aircraft from Singapore (9VMGH) were involved in the incident that happened on December 11.
By Manu Kaushik
Delhi, Edition:March 12, 2017

Rising fuel prices and intensifying competition have crippled the profitability of airlines despite impressive growth in passenger traffic.

Avneet Kaur
New Delhi, February 17, 2017
The report says that of the total $1 trillion credit card outstanding amount at year end 2016, 86 per cent was generated by Visa, Mastercard, American Express, and Discover cards. This includes receivables tied to commercial card products that are provided by corporations to their employees.
PTI
New Delhi, February 15, 2017
Bogged down by demonetisation and higher fuel costs, SpiceJet on Tuesday reported a 24 per cent fall in net profit at Rs 181.1 crore in three months ended December 2016 even as the second largest low-cost carrier remained in the black for the eighth straight quarter.
PTI
Durgapur/New Delhi, February 13, 2017
Zoom Air would start commercial services from February 15 with a flight to Durgapur via Kolkata from New Delhi.
PTI
Mumbai, February 10, 2017
A passenger onboard an IndiGo plane from Mumbai to Chandigarh opened the emergency chute of the aircraft "accidentally", resulting in injury to a co-passenger, following which the airline lodged an FIR against the accused.
Reuters
February 9, 2017
United Breweries, India's top brewer and largely owned by global giant Heineken NV, has asked liquor tycoon Vijay Mallya, its non-executive chairman, to step down from the board.
Manu Kaushik
February 8, 2017
The plan to revive Air India has got a new twist. According to news reports, the airline is planning a three-pronged strategy to get back into shape. To begin with, the airline has plans to recast its working capital debt - it stands at Rs 28,000 crore out of a total debt of Rs 50,000 crore.
PTI
New Delhi, February 8, 2017
This court has come to a conclusion that the respondent company UBHL deserves to be wound up for failure to discharge their duties to pay up their creditors.
Mail Today Bureau
New Delhi, February 6, 2017
The bureau of Civil Aviation Security's (BCAS) security has suspended the licence of low-cost carrier IndiGo's aviation security training centre for lapses in its examination system as it was found that the airline was repeating the same set of question papers for several months in a row.
Mail Today Bureau
February 2, 2017
The resources, so raised, will be utilised for airport upgradation," Jaitley said while presenting the budget. Experts said the boost to the aviation sector will be crucial for the growth of transport sector. This will also create competition among different modes of transport as it will also prove to be less time consuming. The Civil Aviation Ministry received a substantial increase of over 22 per cent in budgetary allocation at Rs 5,167.60 crore for the next financial year.
Mail Today Bureau
New Delhi, January 31, 2017
Singh's comment came in the backdrop of Directorate General of Civil Aviation (DGCA) setting up a committee recently to look into the OTP monitoring system of domestic carriers at four airports of Delhi, Mumbai, Hyderabad and Bengaluru after another budget carrier IndiGo complained that the current system was flawed.
PTI
January 30, 2017
BJP and Congress on Monday traded charges over "help" extended to Vijay Mallya in securing loans and fleeing the country, with the two parties hurling accusations at each other for coming to the aid of the beleaguered businessman.
PTI
January 30, 2017
The Service Tax Department will auction liquor baron Vijay Mallya-led now-defunct Kingfisher Airlines' corporate jet in March to recover dues of Rs 535 crore.
Reuters
Dubai, January 30, 2017
 Emirates airline has changed pilot and flight attendant rosters on flights to the United States following the sudden U.S. travel ban on seven Muslim-majority countries, highlighting the challenges facing airlines trying to deal with the new rules.
PTI
New Delhi, January 29, 2017
Two initial loans worth Rs 350 crore were hastily disbursed by IDBI bank to Kingfisher Airlines after a "holiday" meeting between liquor baron Vijay Mallya and the then bank CMD as both organisations "criminally conspired" to clear the entire deal despite weak financials of the airline.
PTI
New Delhi, January 28, 2017
Claiming that KFA is India's largest and finest airline, Mallya said, "It sadly failed purely due to economic and policy situations. I am humble enough to say sorry to employees and all stakeholders every day. I really wish government helped."
Reuters
January 26, 2017
The Securities and Exchange Board of India on Wednesday barred liquor tycoon Vijay Mallya and six others from participating in the country's securities market for allegedly diverting funds from whiskey maker United Spirits Ltd (USL).
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