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Aviation Newsletter - January 19 to 23, 2015

India Infoline News Service  | Mumbai January 25, 2015 09:31 IST

Vistara, Tata Sons joint venture carrier with Singapore Airlines, has reduced its fares as compared to rivals Jet Airwaysand Air India, according to reports.

SpiceJet receives Aviation Ministry nod for transfer of ownership to Ajay Singh

India Infoline News Service  | Mumbai January 23, 2015 10:15 IST

The stock has hit a high of Rs22.95 and a low of Rs22.30.

Aviation Newsletter January 12 to 16, 2015

India Infoline News Service  | Mumbai January 16, 2015 17:10 IST

Spicejet Ltd has announced that the Board of Directors of the Company at its meeting held on January 15, 2015, has taken on record the proposal of the principal shareholder and Promoter, Kalanithi Maran and KAL Airways Private Limited to transfer the ownership, management and control of the Company to Ajay Singh pursuant to a Scheme of Reconstruction and Revival for the takeover of ownership, management and control of SpiceJet Limited to be filed before the Competent Authority, the Ministry of Civil Aviation, Government of India.

Sun TV spurts as promoters exit aviation biz

capital market  | Mumbai January 16, 2015 09:43 IST

Sun TV Network rose 10.90% to Rs 416.50 at 9:47 IST on BSE on reports promoters selling out of SpiceJet removes concerns they will use Sun TV Network's cash flows to fund the cash-strapped low-cost airliner.

Aviation Newsletter - January 05 to 09, 2015

India Infoline News Service  | Mumbai January 09, 2015 12:42 IST

Qatar Airways is reportedly planning to buy stake in IndiGo if the Indian carrier offers 49 per cent stake to it.

Falling crude oil prices are a big positive for aviation industry: Prasad Koparkar

India Infoline News Service  | Mumbai January 03, 2015 15:31 IST

According to Koparkar both Air Asia and Vistara which are going to start in the next year will add capacity in the sector.

Aviation Newsletter December 29, 2014 to January 02, 2015

India Infoline News Service  | Mumbai January 02, 2015 10:54 IST

Minister of Civil Aviation, P. Ashok Gajapathi Raju inaugurated the Meeting of Chief Ministers and State Civil Aviation Ministers in New Delhi to discuss the Draft Civil Aviation Policy and other issues related to civil aviation sector.

Aviation, paint makers in demand

capital market  | Mumbai January 01, 2015 14:29 IST

Aviation, paint makers in demand

Several Initiatives taken by Ministry of Civil Aviation During 2014

India Infoline News Service  | Mumbai December 31, 2014 10:49 IST

The Ministry of Civil Aviation took several steps during the year 2014 to give boost to the aviation sector by improving the air connectivity and providing better services to air travelers.

Civil Aviation Ministry discusses draft civil aviation policy with states

capital market  | Mumbai December 30, 2014 16:26 IST

Civil Aviation, Tourism and Culture have to work together to realize the great potential

Civil aviation sector in India has been growing steadily: Raju

India Infoline News Service  | Mumbai December 30, 2014 15:48 IST

Speaking on the occasion, the Minister said the civil aviation sector in India has been growing steadily registering a growth of 13.8% during the last 10 years.

Air passenger Traffic shows solid growth: Minister of Civil Aviation

India Infoline News Service  | Mumbai December 30, 2014 08:30 IST

The Minister was addressing the meeting of the Parliamentary Consultative Committee of Civil Aviation held in New Delhi today to discuss the draft Civil Aviation Policy.

Air passenger traffic shows solid growth: Civil Aviation Minister

capital market  | Mumbai December 29, 2014 19:23 IST

Ministry of Civil Aviation is reviewing ATF pricing mechanism and existing route dispersal guidelines

Spicejet requested MCA to consider various aspects of civil aviation sector

India Infoline News Service  | Mumbai December 26, 2014 17:39 IST

The Exchange had sought clarification from Spicejet Ltd with respect to news appearing in Mint on December 24, 2014 titled "Ajay Singh in talks to buy Maran's entire SpiceJet stake."

Aviation Newsletter - December 22 to 26, 2014

India Infoline News Service  | Mumbai December 26, 2014 11:14 IST

Alitalia and Etihad Airways announced the completion of all the formalities related to the transfer of air transport operations from Alitalia CAI to the new Alitalia SAI.

Aviation ministry mulls cap of Rs20,000 on airfares: Reports

India Infoline News Service  | Mumbai December 24, 2014 17:08 IST

Airlines not be allowed to charge below cost price, says Ministry.

Aviation is a competitive business: Tony Tyler, CEO, IATA

India Infoline News Service  | Mumbai December 20, 2014 16:00 IST

He seems to be very optimistic, with the steps taken by the new Indian government.

Aviation Newsletter - December 15 to 19, 2014

India Infoline News Service  | Mumbai December 19, 2014 11:21 IST

IndiGo retained the top position among domestic airlines, increasing its market share to 33.5%, while SpiceJets share slipped to 14.9%.

No bail out planned for aviation sector: Minister of State for Civil Aviation

India Infoline News Service  | Mumbai December 16, 2014 15:48 IST

Civil Aviation Ministry said that they are not working for individual airline but for entire industry.

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Reports

Another day, another high

India Infoline News Service / 09:04, Jan 22, 2015

The outlook is a flat start. The market will look to scale to new peaks though not much effort is needed for the same. HUL saw a rally and short-covering may have pulled it up further. Speculation is on that its parent will raise stake through an open offer. After the cooling in oil prices, Cairn results will be in focus.

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