SpiceJet starts 8 new flights to Ahmedabad, Jeddah, Bangalore & Chennai

SpiceJet, the fastest expanding airline in India, announced the launch of eight new international and domestic flights which will start from February 2020. Among the new routes is Ahmedabad-Jeddah, making the airline the first to do so. “Saudi Arabia’s commercial capital and a key transit point for thousands of Hajj pilgrims visiting Mecca and Medina,” […]

Airbus India awards outsourcing deal to L&T Technology Services

L&T Technology Services, which provides outsourced engineering services, said it has won a contract from aircraft maker Airbus India to manage their Avionics Software Development, V&V (Validation & Verification) and Data Analytics. The size and duration of the deal have not been disclosed. L&T Technology Services Limited (LTTS) is a listed subsidiary of construction major […]

SpiceJet announces sale on tickets to Bangkok, Mali, Dubai

SpiceJet, India’s most aggressive low-cost airline, has announced cheap tickets for international flights from Aug 30 to Mar 31. The all-inclusive one-way fares include Rs. 3999 for popular destinations such as Colombo from Chennai and Dhaka from Kolkata and Guwahati. Tickets from Kochi to Male are available for Rs 4299, Bangkok-Kolkata for Rs 4699, Dubai-Mumbai […]

SpiceJet’s Ajay Singh blasts Govt’s approach towards aviation

Ajay Singh, Chairman of Spicejet and the man who came up with the slogan ‘Abki Bar Modi Sarkar’, today blasted the government’s approach towards the aviation sector. Speaking at the 12th International Conference-cum-Awards on Civil Aviation & Cargo by FICCI, Singh was unsparing in his criticism of government’s taxation policy towards his industry. “There is […]

Vistara, Air Asia lead losses in FY19; Vistara loses Rs 1.33/km

Air India Express, the no frills airline that is part of the Air India family, was the only one to make money in the financial year gone by, while others lost between 3 paise to 2.88 rupees for every kilometer that their passengers traveled during the year. As expected, the biggest loser among the big […]

Land acquisition for NOIDA Jewar Airport practically complete

The Uttar Pradesh government has awarded compensation of Rs 951.44 cr for the acquisition of 1,238 hectares required for the construction of the new NOIDA airport at Jewar on the outskirts of Delhi, Union Civil Aviation Ministry said. The land for which compensation has been declared comes to 99.8% of the private land that has […]

NSE seeks clarification from Jet Airways on Brit entrepreneur’s interest

The National Stock Exchange on Wednesday sought a clarification from Jet Airways regarding reports that a British entrepreneur has expressed interest in acquiring it. The NSE has asked Jet Airways whether such negotiations were taking place and whether it was aware of any information that has not been informed to both NSE and BSE. This […]

SpiceJet announces 28 new flights connecting Mumbai and Delhi

India’s most aggressive low-cost carrier, SpiceJet, announced 28 new flights connecting Mumbai and Delhi with other cities on its domestic network, five days after it added 24 new flights connecting Mumbai and Delhi with other cities. SpiceJet also announced slew of new non-stop international flights from Mumbai to a host of international destinations including Hong […]

SpiceJet Introduces daily flights from Mumbai to Bangkok

India’s most aggressive low-cost carrier SpiceJet launched a daily direct flight connecting Mumbai with Thai capital Bangkok, becoming the first Indian budget carrier to provide services on the route. The airline also introduced six domestic flights connecting Mumbai with Chennai, Varanasi and Kolkata. The international flight will start from May 17 while domestic flights will […]

GMR’s Hyderabad airport unit raises $300 mn via overseas bonds to fund expansion

GMR Hyderabad International Airport, a subsidiary of GMR Ltd, said that it has raised $300 million by issuing bonds to international investors to fund the expansion of Rajiv Gandhi International Airport at Hyderabad. The company wants to increase the passenger capacity of the airport to 34 million passengers per annum from 25 million now. GHAIL […]

SBI says no plan to buy Etihad’s stake in Jet Airways

State Bank of India said it has no plans to buy the 24% stake owned by Abu Dhabi-based Etihad Airways in embattled Indian carrier Jet Airways. The report ” is factually incorrect and no such transaction has been contemplated,” SBI said in a statement today. The clarification comes in the wake of heavy criticism that […]