India has spent more than $50 million since 2009 on eight airports that are complete but do not receive a single scheduled flight. Experts say the govt has invested in these airports without any econo...
The $26.5-bn order for 250 A320Neo aircraft is the biggest-ever deal by number of planes for the French aerospace giant.
Mumbai-based Jet, country's second-largest carrier by market share, said net profit in the April-June quarter was at Rs 221 crore ($33.80 million), compared with a loss of Rs 218 crore the same qu...
IndiGo, owned by hospitality and travel company InterGlobe Enterprises, has remained profitable in the last two years and looks to cash in on a booming air travel market.
The budget airline is in talks with Boeing and Airbus Group to acquire about 100 new narrow-body jets.
SpiceJet made a net loss of Rs 124 crore in the same quarter a year earlier. Country's second-biggest budget carrier by market share, which last quarter made its first profit since 2013, is in the...
"Mahindra Aerospace has no plans to enter commercial aviation. It is restricted to the manufacture of utility aircraft and aerostructures," Anand Mahindra said on Twitter.
The 225 km (140 mile) highway is still missing seven bridges, several stretches need to be widened to the projected six lanes, and miles of land have not yet been acquired. The road should have op...
The largest order approved was for 428 L-70 and ZU23 air defence guns worth around Rs 16,900 crore, the spokesman said after a meeting of the country's Defence Acquisition Council.
The two groups will form a joint venture in the coming months, aiming to become the first private manufacturer of helicopters in India, the statement said. It did not say how much the two will inv...
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