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BusinessToday.In
New Delhi, February 26, 2020
Indian economy likely grew 4.7% in Q3 on small rebound in rural demandIndian economic growth likely accelerated a touch in the October-December period after its weakest expansion in over six years in the previous quarter, a Reuters poll showed, with a small rebound in rural demand and private consumption expected. Annual gross domestic product growth likely rose to 4.7 percent in the last quarter of 2019 from 4.5% the previous quarterSebi finds prima facie violations of corporate ...


PTI
New Delhi, February 26, 2020
IndiGo has been facing a probe by Sebi ever since a public spat came to light between two founders of the airline, including over certain related party transactions involving one of the warring promoters


Reuters
February 19, 2020
The CCI inquiry, which included an analysis of the algorithms airlines to determine ticket fares, found that all five airlines were working independently


PTI
February 14, 2020
As GoAir CEO, Vinay Dube would be responsible for the management of the airline and also for meeting the goals and long-term growth objectives of the company


BusinessToday.In
February 14, 2020
Following the result update, shares of SpiceJet surged 10.2 % to an intraday high of Rs 93.40 on BSE. Earlier today, ahead of Q3 report, SpiceJet shares fell 3.72% to low of Rs 81.55 on BSE.


PTI
February 11, 2020
Razdan is at present general manager in the PHL, the national helicopter carrier


BusinessToday.In
New Delhi, February 4, 2020
Allowing 100 per cent FDI in Air India would allow NRIs to invest up to 100 per cent. Currently, they can acquire only 49 per cent in the national carrier


PTI
February 4, 2020
Oil Ministry latest news: The Oil Ministry has moved a cabinet note seeking approval for hiving off state-owned gas utility GAIL (India) Ltd's pipeline business into a separate entity for a possible sale to a strategic investor at a later date. Here's what this exactly means


Manu Kaushik
New Delhi, February 3, 2020
Aircraft are part of Air India's 2006 order of 68 aircraft given to US-based aircraft maker Boeing; once inducted, these aircraft will be used exclusively for travel of VVIPs unlike now when Boeing 747s are used for more than just 'VVIP travel'


PTI
February 1, 2020
Budget 2020 news: Ministry of Civil Aviation has been allocated Rs 3,797 crore in the Union Budget 2020-21. Here's for more


Manu Kaushik
February 1, 2020
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)


BusinessToday.In
New Delhi, February 1, 2020
Budget 2020: FM Sitharaman has been at the forefront of the Budget-making process, however, she is not the all-in-one authority


BusinessToday.In
New Delhi, January 31, 2020
Budget 2020: The aviation sector bore the brunt of Air India's failure as it contributed 61 per cent to total operating losses of all airlines put together in 2018/19. The closure of Jet Airways in April last year also left a big dent on the industry as a whole


PTI
January 28, 2020
Central and state government organisations generate the most revenue for railways through freight loading


BusinessToday.In
New Delhi, January 27, 2020
Budget 2020: Scope of personal tax cut grows slim as govt stares at tax shortfall of Rs 2 lakh croreTax collections in the current fiscal may fall short of targets by as much as Rs 2 lakh crore on faltering economy, leaving  very little room for Finance Minister Nirmala Sitharaman for offering any meaningful reduction in personal income tax rates. Sources with direct knowledge of the development said income and corporate tax collections are likely to miss FY2020 targets by as...


Reuters
January 24, 2020
'Boeing has told us that they expect the test flight in February and certification by March or April,' SpieceJet chairman said


BusinessToday.In
New Delhi, January 13, 2020
A320neo, which is an upgraded, more fuel-efficient model of the extremely popular Airbus A320 family, has been posing problems for many airlines due to its snag-prone Pratt & Whitney engines


PTI
New Delhi, January 12, 2020
As the Sultanate of Oman mourns the demise of its honourable leader Sultan Qaboos bin Said Al Said, there might be some traffic disruption in Muscat, said GoAir


PTI
January 10, 2020
In one of the conversations, a Boeing executive says the following about DGCA: \"I just Jedi mind tricked this (these) fools\"


PTI
New Delhi, December 23, 2019
GoAir has cancelled flights 18 flights from Mumbai, Goa, Bengaluru, Delhi, Srinagar, Jammu, Patna, Indore and Kolkata on Monday


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