Brent crude, the international oil benchmark, jumped 2.6 per cent on Monday, its highest since 2014, after Saudi Arabia-led OPEC and Russia stopped short of pledging to boost crude output ahead of US sanctions on Iran.

While the French government said French companies have the full freedom to select Indian firms for the deal, Dassault Aviation, the makers of Rafale, said it had made the decision to partner with Reliance Defence Ltd.

The aviation sector is facing headwinds as some airlines grapple to cut costs and others struggle to stay afloat.

We must work out a realistic, cost-effective strategy to make the world land and fuel in India.

Airlines have chalked out ambitious plans to grow international business. Their journey is likely to be lengthy and tiring.

The ambitious UDAN Scheme has got off to a slow start as airlines navigate the challenging operating conditions after the initial enthusiasm.

Mallya kept borrowing more and more to keep KFA flying - putting up his shares and other assets as collateral to keep getting loans from banks.

During the meeting, Eric Allison, head of Aviation Programs at Uber, apprised the PM of the potential of Uber Elevate, showcasing the exciting future Uber Air can bring to the region and to the world.

Ride-hailing app Uber, which is considering India among five global locations for its futuristic aerial taxi service, Thursday said it is in talks with regulators in the country to gauge the modalities and constraints of offering such a service.

Shivinder Singh's petition against brother Malvinder and former Religare CEO Sunil Godhwani points at only the tip of the iceberg in the corporate mismanagement that led to the Singh brothers losing control of Fortis Healthcare and  Religare.

Qatar Airways, which has been eyeing the fastest-growing Indian aviation market for a while now, is showing interest in buying Air India.

Eric Allison, chief executive, Uber Aviation Program, illustrated that the 100-minute journey from the city airport to Churchgate can come down to 10 minutes.

Air India employees are entitled to 16 to 24 free tickets, depending on the individual's duration of service, to domestic and international destinations.

The comments come less than three months after Baker said that the Gulf carrier would soon be moving an application to launch a full-service airline in India for domestic operations.

Jayant Sinha compared the per kilometer cost of air tickets with the average fares of auto-rickshaws in cities.

Rupee hits new all-time low against US dollarThe Indian rupee slumped 16 paise against the US dollar to trade at a life-time low of 71.37 in early trade on Tuesday. The fall in Indian currency is due to the strong demand for the US currency. At the Interbank Foreign Exchange, the local currency opened at a record low of 71.24 against a dollar, down from its previous close of 71.21, and weakened further to trade at a fresh low of 71.37, down 16 paise.  Airlines' losses could r...

After putting disinvestment of debt-ridden Air India on the back burner, the government is set to infuse Rs 2,100 crore into the loss-making national carrier.

The incident took place on August 30 when Air India flight AI 102 was on its way to New Delhi from New York. Following the incident, junior Aviation Minister Jayant Sinha had directed Air India to follow up the matter immediately and report back to the Ministry and aviation regulator DGCA.

Spicejet operates the first biojet fuel flight for the countrySpicejet's flight yesterday between Dehradun and Delhi was special. The flight was powered by a blend of 75% air turbine fuel and 25% biojet fuel. This was a first for the country which is looking for ways to cut down fuel costs.A blend of 25% of bio jet fuel and 75% of aviation turbine fuel (ATF) was carried in one of the two engines of the plane, while the other engine carried only ATF. International standards permit ...

IndiGo and GoAir have been grappling with P&W engine problems persisting for many months. At present, there are 60 A320 neo planes with P&W engines (41 with IndiGo and 19 with GoAir)