KLM's president Pieter Elbers said that Air France-KLM wants to deepen its ties with Jet Airways to exploit an expected double-digit growth in the air travel markets of India and North America.

Jet Airways is offering discounted fares on both domestic and international flights starting today under its 9-day 'Freedom Sale' which will go on till August 15.

Catastrophe has struck Air India yet again. After all the fanfare and brouhaha around the sale of the national carrier, the civil aviation ministry couldn't find a single bidder for the airline.

As the government awaits expression of interest for Air India stake sale, International Finance Corp (IFC) of World Bank Group has said it is \"watching the process closely and may get involved at a later stage\".

Aviation advisory firm Swiss Aviation Consulting (SAC) on Monday denied it has expressed interest in buying the debt burdened state-run carrier Air India.

\"From day one, IndiGo has expressed its interest primarily in the acquisition of Air India's international operation and Air India Express. However, that option is not available under the government's current disinvestment plan for Air India,\" said Aditya Ghosh, president and whole time director of the airline, in a statement.

The Civil Aviation Ministry has asked for Expression of Interest (EoI) for selling its shares in the debt-laden carrier and two of its subsidiaries - Air India Express and Air India SATS Airport Services.

At a time when most airlines are struggling with profitability, at home and abroad, finding worthy buyers for the beleaguered Air India was posing quite a conundrum. But the government seems to have found a neat middle-ground solution.

Earlier, the low-cost carrier IndiGo had sent formal expression of interest for Air India's airline arm. IndiGo's priority was to buy overseas operations of Air India in case the government was willing to sell domestic and international operations separately.

After the country's largest budget airline IndiGo expressed interest to buy Air India's international operations last year, a consortium led by full-service carrier Jet Airways along with European airliner Air France-KLM and US-based Delta Airlines has expressed interest in the disinvestment of national carrier Air India.

The relationship with France will help India grow in a big way: Suresh PrabhuFrench President Emmanuel Macron's India visit has generated a lot of interest. Union Minister of Commerce and Industry Suresh Prabhu said France is keen on investing big in India, which will bring technology and wealth, and create jobs for the country's youth. Prabhu yesterday met a high-level delegation from France in New Delhi. India's \"strategic partner\" is a technologically advanced country, and th...

During the international meet Wings India 2018, organised by the Federation of the Indian Chambers of Commerce and Industry (FICCI) in Hyderabad, Dinesh A Keskar, Senior Vice President of sales, Asia Pacific and India, Boeing, said the government's Udan scheme could open up a new market for aircraft makers like Boeing.

Etihad has been invested in Jet Airways since April 2013 when it acquired 24 per cent equity for around Rs 2,069 crore and there have been speculations that the Abu Dhabi-based carrier is likely to sell the stake.

The weak demand in the Gulf continues, whilst low fares as well as yields in the domestic market have limited the ability to offset the increase in fuel prices, Jet Airways CEO Vinay Dube said.

The exponential growth in passenger traffic over the past three years has led to saturation of airports in key metros such as Delhi and Mumbai.

Union minister Jayant Sinha on Friday made it clear that the government had no intention to sell domestic and international operations of the ailing airline Air India separately.