InterGlobe Aviation, the company that operates the country's largest airline Indigo said the company would raise Rs 2,530 cr by issuing fresh shares.At the same time, existing shareholders of the company would raise Rs 1,265 cr by selling some of their shares as well, the company said.The total size
Read More
Jet Airways said it would offer up to 20% discount on international tickets under a week-long sale that will end on Sep 6."Under the offer, guests enjoy attractive savings of up to 20% discount on the lowest prevailing return base fares," the airline said.The offer is valid for travel only
Read More
Jet Airways said it is cancelling several of its flights from and to Mumbai to cope with the situation created by incessant and heavy rains in the city.The flights include those to Vodadara, Delhi, Bangalore, Ahmedabad, Chandigarh and others."Inclement weather in Mumbai during the last 24 hours, including the
Read More
Cloud-based services provider Ramco Systems has won a key, five-year contract from Saudi Rotorcraft Support Company, which provides maintenance services for the country’s combined fleet of more than 360 military and commercial helicopters."With two of the top 5 aircraft manufacturers already using Ramco’s aviation MRO software, this deal underscores
Read More
SpiceJet has become the first airline to conduct flight services to Pondicherry, the former French colony that is a prominent tourist attraction in South India.The flights will be from Hyderabad. With this new flight, Puducherry will be connected with Delhi, Mumbai, Bengaluru, Chennai, Tirupati, Ahmedabad, Jaipur, Chandigarh, Vijaywada
Read More
Kerala's fourth international airport at Kannur is very close to completion, with 95% of the airside works and 90% of cityside work completed, the government said today.Airside refers to the runway, bays, traffic control tower and so on, while city-side works refer to civilian construction components such as the parking
Read More
SpiceJet reported an 18% growth in its net profit for April-June period at Rs 175 crore, the company said, making it the 10th successive profitable quarter for the airline. Total revenue from operations were Rs 1,869 crore, higher than Rs 1,521 crore for the same quarter last year.Before
Read More
IndiGo Airlines, India's largest airline by far, is in no mood to go easy on its rapid expansion in coming years, the company said.The company, which accounted for 85% of the total capacity added in the country in the last five years and grew its seats at 24% per year
Read More
GMR Goa International Airports Limited said it closed funding for the upcoming Mopa Airport in Goa, with Axis Bank underwriting the entire debt of Rs 1,330 cr."Having tied up funding for the project, we are working towards starting on ground construction activity post monsoon," said Srinivas Bommidal, chairman of GMR
Read More
SpiceJet announced the launch of four new daily non-stop flights connecting Surat to Mumbai and Hyderabad.From July 10, there will be a new daily direct flight for the Mumbai-Surat-Mumbai sector. It will also start operating its second daily direct flight on the sector in the Hyderabad-Surat-Hyderabad sector."SpiceJet is the
Read More
Reliance Defence, the defence-focused subsidiary of Reliance Infrastructure, said it entered into yet another agreement with an overseas company. This time, the company said it tied up with Daher Aerospace, France, a supplier of integrated systems for aeroplanes."Daher Aerospace is tier one manufacturer in Aerostructures segment comprising Fuselage Sections
Read More
In an effort to boost tourism in its home town of Abu Dhabi, government-controlled Etihad Airways announced a set of freebies and packages for passengers transiting through the Gulf city.The biggest freebies are for first class passengers. They will get two free nights at any of the 60 hotels
Read More
SpiceJet, which was the most aggressive in pursuing the affordable airfare plan called UDAN, today started its services under the scheme.The airline started flights on the Mumbai-Porbandar route with at Rs 2,250 including all taxes and levies, while the fare on the Mumbai-Kandla and Kandla-Mumbai routes would be Rs
Read More
Jet Airways said it inked an agreement with Aeromexico, the flag carrier airline of Mexico, to explore codeshare arrangements and shared frequent flyer programs. As part of the arrangement, both carriers will code on each other’s services between India and Mexico via common gates in Europe (London Heathrow, Paris
Read More
GMR Airports Limited, a subsidiary of GMR Infrastructure Ltd, said it won the contract to develop, operate and manage the new international airport of Heraklion at Crete in partnership with a Greek company.GMR Airports Limited will be the designated Airport Operator in the consortium for this project. Heraklion Airport,
Read More
Jet Airways launched a Commercial Pilot License training programme aimed at creating more than 380 professionals over the next five years, the company said.As part of the program, the first set of 60 cadets will begin training in the second half of 2017, with ground school and flight training
Read More
Jet Airways Group today announced its second successive profitable year for the year ended Mar. 31, 2017.For Q4 of FY17, the group reported a net profit of INR 23 crores. The Group reported a consolidated profit of INR 438 crores for the year. "Despite the challenges posed by
Read More
SpiceJet announced its ‘12th Anniversary Sale’, offering one-way base fares starting as low as Rs 12 plus taxes for travel on its domestic and international network. "The starting base fare of Rs 12, excluding applicable taxes and surcharge, is applicable on all direct domestic and international nonstop flights and would
Read More
SpiceJet has introduced self check-in for baggage at Mumbai’s Chhatrapati Shivaji domestic airport.Customers flying with SpiceJet can now simply check-in their baggage at the self-service kiosks themselves up to 45 minutes prior to the departure time."Independent of counter opening hours passengers can simply drop-off their luggage easily by
Read More
SpiceJet, which has been expanding its network fast in recent months, today launched its daily direct flight services from Thiruvananthapuram to Male.The service will also be used to carry passengers from the Bangalore airport to Male via Thiruvananthapuram, the capital of Kerala state.The airline said the route offers the
Read More