The CCI inquiry, which included an analysis of the algorithms airlines to determine ticket fares, found that all five airlines were working independently

SpiceJet reported growth in air transport services during the December quarter, as segment results for the period almost doubled to Rs 115.05 crore from Rs 58.55 crore from the year-ago period

It's expected that the domestic capacity in FY20 would be low due to Jet Airways' shutdown, grounding of Boeing 737 Max aircrafts, and issues with the P&W engines for Airbus 320 neo planes (flown by IndiGo and GoAir)

Slowdown in the $21 trillion economy last year came amid worsening trade friction, especially President Donald Trump's confrontation with China, which created uncertainty that made businesses hold off on investments, as well as reducing exports and raising costs for inputs

A number of global airlines, including Air India, British Airways, Lion Air and Indigo airline have suspended their flights to Chinese cities as Beijing struggles to contain the rapid spread of the coronavirus within the country; The NGT asked the Central Pollution Control Board to submit a fresh report on Amazon and Flipkart's compliance of plastic waste management rules, a day after the CPCB said the e-commerce giants needed to collect the waste generated due to packaging of their products; Facebook Inc said that growth would continue to slow as its business matured. The tech giant reported a surge in quarterly expenses, disappointing Wall Street expectations that the costs of improving privacy would level off. This and more news on News Blast.Also Read: Facebook warns revenue growth slowing, costs remain high

Budget likely to raise spending to revive economic growthPrime Minister Narendra Modi's government is expected to raise spending on infrastructure and cut some personal tax in its 2020/2021 budget, to spur consumer demand and investment, government sources and economists said. India is facing its worst economic slowdown in a decade. Growth slipped to 4.5% in the July-September quarter, worsening the job prospects for millions of youth entering the workforce each year.Pollution reg...

'Boeing has told us that they expect the test flight in February and certification by March or April,' SpieceJet chairman said

Explaining the duty structure, sources said if cost of production of ATF is Rs 100 per kilolitre, the fuel at exit from the refinery will be priced at Rs 111 per kilolitre after levying 11 per cent excise duty

Boeing officials said the issue relates to a software power-up monitoring function that verifies some system monitors are operating correctly

Muilenburg was fired from the job in December as Boeing failed to contain the fallout from a pair of fatal crashes that halted output of the company's bestselling 737 MAX jetliner and tarnished its reputation with airlines and regulators

The latest dip in air passengers came on the back of ongoing economic slowdown and the slew of challenges that hounded aviation sector last year

According to air tracking service FlightRadar24 the airport's flight data showed a Ukrainian 737-800 flown by Ukraine International Airlines took off on Wednesday morning but stopped transmitting data to the air traffic controller (ATC) immediately afterwards

Iranian state TV reports Ukrainian airplane carrying 180 passengers and crew has crashed near airport in capital, Tehran, reports AP.

From shuttering of a 27-year-old airline to repeated grounding of planes to ailing Air India, headwinds blew across the once-fastest growing domestic civil aviation space in 2019 while a spike in regional air connectivity served as a silver lining in relatively cloudy skies

Reserve Bank of India Governor Shaktikanta Das has said that the Indian economy is manifesting signs of economic recovery. He said that the green shoots of growth in the economy can be ascertained by the steady growth in project costs sanctioned by banks and financial institutions as well as increased investment in fixed assets by India Inc; West Bengal chief minister Mamata Banerjee, who is eyeing pan-India support in her fight against the Citizenship Amendment Act, wrote to chief ministers and senior leaders of opposition parties on Monday, urging them to unite and chalk out a plan to \"save the country\"; India is now in the midst of a significant economic slowdown, the International Monetary Fund has said, urging the government to take urgent policy actions to address the current prolonged downturn. This and more on NewsBlast.

Will have to wait two quarters to see if momentum of green shoots sustains, says RBI Governor Shaktikanta DasReserve Bank of India (RBI) Governor Shaktikanta Das has said that the Indian economy is manifesting signs of economic recovery. He said that the green shoots of growth in the economy can be ascertained by the steady growth in project costs sanctioned by banks and financial institutions as well as increased investment in fixed assets by India Inc. However, the RBI chief sai...

Muilenburg will be replaced by David Calhoun, who had served as chairman since October, as CEO and president on 13 January, with CFO Greg Smith leading the company during transition period

Boeing, which builds the 737 south of Seattle, said it would not lay off any of the roughly 12,000 employees during the production freeze

Vistara waited for 20 aircraft in its fleet - a rule mandated by authorities to fly international - before it could launch its first international flight to Singapore in August this year

Cabinet approves amendments to streamline Insolvency and Bankruptcy CodeThe Union Cabinet has approved certain amendments to the Insolvency and Bankruptcy Code (IBC) during its meeting on Wednesday. The changes in bankruptcy law are meant to help investment in troubled sectors, protect corporate debtors, and to prevent ill-thought-out triggering of bankruptcy proceedings. The amendments also ensure that the foundation of a corporate debtor's business remains safeIndian banks seek ...