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AI gets more fliers on global routes
At a time when Jet Airways and Kingfisher Airlines are losing market share in the international sector, Air India has seen an increase. Data for the first two quarters of the current financial year show Air India (AI) has increased market share from 19.6 per cent in the first quarter to 20.2 per cent in the second quarter. During the same period, Jet’s market share in the sector fell from 12.7

Indian airlines get the wrong help

Two wrongs don't make a right. India's beleaguered aviation sector needs a boost. But letting airlines avoid punitive state taxes by directly importing fuel isn't smart. Some tax is necessary to pay

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Mkt rules out sustained rally in aviation stocks

Airline stocks emerged as the star performers in on Tuesday’s trade, as a Group of Ministers cleared a proposal to allow domestic carriers to import fuel directly. The shares of the

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Fund infusion critical for SpiceJet

The empowered group of ministers' move to approve direct import of aviation turbine fuel or ATF has provided a lifeline to the loss-making airline industry. The move is expected to help aviation

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Airlines to be allowed to import jet fuel, says Ajit Singh

Civil Aviation Minister Ajit Singh on Tuesday said the Indian airlines would be allowed to import jet fuel directly under a proposal from a ministerial panel, sending airline shares sharply higher

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Government rolls out plan to help domestic airlines (Roundup)
To help cash-strapped Indian airlines, a group of ministers (GoM) led by Finance Minister Pranab Mukherjee Tuesday rolled out a plan for the carriers to directly import aviation fuel and approved Air India's debt restructuring, pending a final approval by the cabinet.

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