
Naresh Goyal meets aviation secy over Etihad deal
Goyal during his meeting is understood to have informed the top official that the proposed deal is "very much on track" and the airline will approach the ministry with a proposal in this regard soon.

Buy Jet Airways, HPCL, Sesa Goa, Sell Divis Lab
Here are your intra day picks for the day from various market experts and brokerage houses.

Fund crunch for airline sector to continue: RBI
The three listed airlines-Jet Airways, Kingfisher Airlines and SpiceJet-posted accumulated losses of Rs 1,698 crore in the March quarter.

Kingfisher soars 6 percent on lower fuel tax hopes
Airline stocks surged following reports that the civil aviation ministry will meet with finance ministry to discuss lowering aviation turbine fuel taxes.

Why Air India might be courting Jet's expat pilots
If Air India is to get the cash infusion it has been promised, it will have to bolster performance. And for that more pilots are a must.

IT dept freezes Kingfisher Airlines' bank a/c, again
The debt ridden airline had been slapped a notice with outstanding dues of Rs 342 crore.

Fire in Mumbai-bound Jet plane, passengers escape unhurt
About 158 passengers on board Jet Airways Riyadh-Mumbai flight today escaped unhurt after a fire broke out in the left engine of the aircraft on its landing in Mumbai

Jet Airways losses increase in March quarter
Jet Airways reported an increase in losses for the March quarter to Rs 298 crore from an estimated Rs 280 crore.

Short or long? Intra-day trade picks for the day
Here are your intraday stock picks for the day from various experts.

Focussing on profitability, Jet suspends Johannesburg flights from June 12
Private carrier Jet Airways today said it has decided to temporarily suspend its Mumbai-Johannesburg flight service from next month.

Jeeja Ghosh vs SpiceJet: Time for a Janlokpal for the airline passenger?
SpiceJet claims it did nothing wrong in forcing Jeeja Ghosh off the aircraft. But Ghosh wants to use the national attention that incident got her to push for a bigger fight — all the way to the top of the civil aviation authority.

AI to discuss air ticket pricing with travel portals
The national carrier would be holding meetings with representatives of travel portals over the next few days to sort out a variety of problems relating to sharing of revenue and pricing of tickets.

DGCA pulls plug on opaque fares. Will KFA survive?
DGCA said it was essential to ensure absolute transparency in display of airfares by airlines and agents in order to help the end-user make an informed choice.

Opaque fares: Jet scores over Kingfisher, yet again
Leading travel portal Makemytrip has removed the airlines' tickets from its 'opaque fares' offering to avoid any customer-related issues.

Kingfisher owes Rs 518 cr to Hindustan Petroleum
Jet Airways owes Rs 718.74 crore to Indian Oil Corporation and another Rs 179.48 crore to Bharat Petroleum but none of this is overdue payment.

How sinking Kingfisher is improving aviation's fortunes
Kingfisher's continuing troubles are having at least one good effect on the sector - they're reducing over-capacity and improving yields for other airlines.

Budget 2012: No healing touch for bleeding airlines
Air India alone needs between Rs 22,000-24,000 crore working capital loans each year in an overall debt burden of Rs 45,000 crore.

Why Ratan Tata is right about Indian economy
The cost of money is the biggest bugbear of India Inc. If the budget is above expectations, it will lift the current pessimism.

Denial of tickets to visually-impaired youth: Indigo apologises
Indigo today said the executives of its "outsourced" call centre had been suspended for denying tickets to a visually-impaired passenger and apologised to him for repeated denial of air tickets.

SpiceJet, Jet and Kingfisher likely to post losses even in FY13
BoAML expects domestic traffic growth to fall below 10 percent in 2012 on account of slowing economic growth, airport constraints at key metros and possible cuts in corporate travel budgets.