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Banks to auction Kingfisher

India Infoline News Service | Mumbai | April 29, 2016 08:14 IST

The reserve price for the trademarks, which also include Flying Models, Fly the Good Times, Funliner, Fly Kingfisher, Flying Bird device, has been kept at INR 366 crore, says the financial newspaper.

Interglobe Aviation net profit likely to drop in Q4

India Infoline News Service | Mumbai | April 28, 2016 15:41 IST

Interglobe Aviation, one of the leading aviation companies in the country, will announce its financial results on April 28 for the fourth quarter ended March 31, 2016.

Indigo, SpiceJet domestic market share improves

India Infoline News Service | Mumbai | April 28, 2016 10:59 IST

Lower-than industry growth rates in domestic market saw Jet Airways and Air India losing 5% and 1.7% market share, respectively, to IndiGo (gained 2%) and SpiceJet (gained 3%) even as the newly launched carriers improved their share by 2%," says a report by a Mumbai-based broking company.

SC directs Mallya to disclose assets to banks

India Infoline News Service | Mumbai | April 26, 2016 15:59 IST

Mallya has pegged domestic assets at Rs 2,014 crore, says report.

Boeing awards 777X titanium forging contract to Bharat Forge

India Infoline News Service | Mumbai | April 26, 2016 15:33 IST

The titanium forgings will be developed and manufactured by Bharat Forge using a closed die forging process. The first two forgings are scheduled to begin shipping to Boeing in late 2016, and will be followed by two more forgings in early 2017.

Jet Airways introduces holiday options under JetEscapes Holiday

India Infoline News Service | Mumbai | April 26, 2016 14:39 IST

Guests seeking a vacation in India or to select international destinations on the airlines network, can access many attractive, all-inclusive, offers that start at Rs. 15,620, which include travel on Jet Airways.

Bharat Forge bags order from Boeing

India Infoline News Service | Mumbai | April 26, 2016 11:12 IST

Bharat Forge completed its first shipment of titanium flap-track forgings for the Next-Generation 737 earlier this year. The company will also supply forgings for the 737 MAX, scheduled to enter service in 2017.

Vijay Mallya lives in $15 mn British mansion

India Infoline News Service | Mumbai | April 25, 2016 18:08 IST

Report says that the mansion was bought from the father of Lewis Hamilton, the Formula One champion, by a company.

Etihad Airways launches innovative mobile app to reimagine the travel experience for guests

India Infoline News Service | Mumbai | April 25, 2016 12:50 IST

Robert Webb, Etihad Aviation Groups Chief Information Technology Officer, said: The mobile app marks a great step forward in our Digital Guest Innovation strategy. Through technology, were creating more personalised and tailored digital services and products to benefit our guests. This is just the beginning as we continue to empower our guests with greater control and flexibility over the entire booking and travel experience including how they choose to interact with our airline.

Govt plans to invest Rs.6,000 crore on regional airports

India Infoline News Service | Mumbai | April 25, 2016 10:52 IST

The civil aviation ministry will soon send a formal proposal to the finance ministry, says report.

Jet Airways receives shareholders approval for proposed merger of JetLite

India Infoline News Service | Mumbai | April 25, 2016 10:42 IST

The board of Jet Airways had cleared the proposal to merge JetLite, the low-cost subsidiary with itself, in September last year.

SpiceJet the only Indian carrier to clock over 90% PLF for 11 successive months

India Infoline News Service | Mumbai | April 23, 2016 17:25 IST

The airline once again beat all its Indian counterparts by topping the PLF chart in March 2016 by clocking 91.1% PLF.

Aviation Newsletter - April 18 to 22, 2016

India Infoline News Service | Mumbai | April 22, 2016 15:54 IST

This week saw Jet Airways plans to hire 400 people. Zurich Airport sells 5% in BIAL to Fairfax for US$49 mn and TCS announces long term strategic partnership with Vistara. IIFL presents a weekly snapshot of all the major happenings in the aviation industry nationally and internationally.

IndiGo maintains leadership position

India Infoline News Service | Mumbai | April 22, 2016 12:29 IST

IndiGo Airlines maintained leadership position by carrying 85.03 lakh passengers in the January-March period with the market share during the period stood at 37%, according to DGCA data.

TCS announces long term strategic partnership with Vistara

India Infoline News Service | Mumbai | April 22, 2016 11:04 IST

TCS will provide a broad range of IT services in the area of IT Management, application maintenance and application development to help Vistara achieve its goal in customer experience, operational excellence as well as cost leadership.

GoAir hikes ticket cancellation charges to Rs.2,225

India Infoline News Service | Mumbai | April 22, 2016 06:55 IST

Report says that the ticket cancellation fee for GoAir flights increased to Rs. 2,225 from Rs. 1,900 earlier.

Vijay Mallya files affidavit in SC in Loan default case

India Infoline News Service | Mumbai | April 21, 2016 17:43 IST

Non-Resident Indians are not obliged to disclose overseas assets, Vijay Mallya reportedly said to SC.

Passenger load factor slightly decreased for March 2016

India Infoline News Service | Mumbai | April 21, 2016 16:43 IST

Passengers carried by domestic airlines during Jan-Mar 2016 were 230.03 lakhs as against 185.46 lakhs during the corresponding period of previous year thereby registering a growth of 24.03%.

Lufthansa launches Startup Expo in partnership with The Indus Entrepreneurs

India Infoline News Service | Mumbai | April 21, 2016 14:02 IST

The Startup Expo will be the largest initiative of its kind to bring together startups, mentors, investors, industry partners and government supported by a corporate in partnership with TiE a leading entrepreneurial organization.

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