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Civil aviation minister Praful Patel on Thursday warned airlines against sudden spike in air fares and said the government would be discussing ways to keep fares under check as air traffic in the country has been on steadily rising in the recent months.

 
 
Earlier on June 24, the consortium led by GMR Infrastructure with Malaysia Airports Holdings Berhad (MAHB), had won concession for the Male Airport for 25 years.
While Kingfisher Airlines now holds 19 per cent of the market share, Air India (domestic) holds 17.7 per cent, IndiGo 16.8 per cent and SpiceJet 13.6 per cent.

The national carrier sacks the COO and sets up a panel to look into another controversial appointment of Stefan Sukumar as the airline's chief of training.

Following the completion of his acquisition of a majority stake in the company, Maran has inducted four of his nominees as directors on the company board.
Airlines have taken to padding their flight-duration times to keep flights arriving on schedule, thanks to stiff competition and the aviation regulator's tough laws.
The low-cost carrier posted a net profit of Rs 10 crore for the quarter ended September 30, compared to a net loss of Rs 101.3 crore in the same period last year.
 
 
The concept of regional airlines to promote regional connectivity is now taking shape as low-cost carriers and foreign carriers are set to tap this space.
Maran acquired 19.37 million shares, or 4.78 per cent, stake in the company on October 26, through an off-market transaction, SpiceJet said in a filing to BSE.
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