Latest News on Aviation Market
Showing of 0 - 10 from 8 results
Aviation Market - Total results - 8
Dec 31, 2018
Surging passenger numbers, policy promises dot turbulent skies in 2018; cut-throat competition pushes airlines into redDespite high passenger growth, domestic airlines remained financially vulnerable as surge in oil prices, rupee depreciation and inability to raise fares amid intense competition crimped their earnings.
Oct 30, 2018
Vistara bets on upmarket model in price-sensitive Indian aviation sector; airline says strategy starting to bear fruitVistara has narrowed its losses and seen average fares rise this year as customers take to its product offering, including a domestic premium economy class
Oct 26, 2018
IndiGo to expand, defend turf despite loss; plans to add 30% capacity in FY19 at a rate of around 6 planes a monthIndiGo, the clear market leader with 189 planes and a 43 percent share is unwilling to cede ground to rivals like Jet Airways Ltd and SpiceJet Ltd
Sep 04, 2018
Indian airlines expected to post combined losses of up to $1.9 billion this year due to rising costs: CAPA IndiaAirlines have struggled to stay profitable despite filling nearly 90 percent of seats and seeing a more than doubling of domestic passenger numbers over the last four years.
Aug 28, 2018
Sensex soars 182 points to all-time high of 38,875, Nifty scales new peak of 11,751; Rupee firms up by 10 paiseSensex surged 181.75 points, or 0.46 percent, to trade at an all-time high of 38,875.86, surpassing its previous high of 38,736.88, recorded in yesterday's trade
Jun 01, 2018
Air India sale: 'No show' could ground Narendra Modi's plan to offload money-losing government-held firmsGovt's offer to sell stake in Air India failed to attract a single bidder, dealing a blow to Narendra Modi’s target for offloading stakes in govt-held firms
May 24, 2018
Jet Airways reports Q4 standalone net loss of Rs 1,036 crore for FY18 on oil price rise, weak rupeeNaresh Goyal-promoted Jet Airways reported a standalone net loss of Rs 1,036 crore in the March quarter due to rise in oil prices and a weaker rupee
Apr 27, 2018
Budget airline IndiGo's president Aditya Ghosh resigns; company appoints Rahul Bhatia as interim CEOIndiGo announces the appointment of Gregory Taylor (Greg) as a senior advisor reporting directly to interim CEO Rahul Bhatia.