NEW DELHI: India’s leading private air carrier Jet Airways is considering airfare hike during the festive season next month. Read the rest of this entry »

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CHENNAI: Paramount Airways, India’s first premium airline, launched its West India operations on Wednesday with daily flights between Chennai and Ahmedabad. Read the rest of this entry »

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NEW DELHI: JetLite would continue to operate as a separate entity and is not being merged with its parent Jet Airways. However, various functions of the two carriers, such as sales, marketing and ticketing, would be integrated. Naresh Goyal-owned Jet Airways acquired Air Sahara a year ago and rechristened it as JetLite.

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NEW DELHI: An online travel magazine tracking Asia’s hotels, spas and airlines has ranked India’s low-cost carrier SpiceJet among the top 10 budget airlines in the continent. Read the rest of this entry »

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The airline industry is likely to lose 1,00,000 jobs in the coming year worldwide as the financial meltdown and soaring crude oil prices force companies to cut corners to stay afloat, said Giovanni Bisignani, director general and CEO, International Air Transport Association. Read the rest of this entry »

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TORONTO: Air India will operate its three weekly flights from Toronto to Amritsar via London (Heathrow), instead of its present routing via Birmingham, from October 26 this year. Read the rest of this entry »

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SpiceJet has appointed Ink Publishing to produce its inflight magazine, Spiceroute, which will be reintroduced on all SpiceJet flights starting Oct-08. Read the rest of this entry »

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MUMBAI: Private equity WL Ross and Co, which recently put $80 million in Indian discount airline SpiceJet, is in talks with Jet Airways and Kingfisher Airlines for a possible merger of the carrier, a newspaper reported on Friday.  "The idea is to increase the valuation of SpiceJet or the money invested by WL Ross before the firm exits," the paper cited a person familiar with the development as saying. Read the rest of this entry »

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MOSCOW: A series of bankruptcies that have hit some leading air carriers and tour operators in the past month suggest that a serious crisis is brewing in global civilian aviation. Over the last six months about three dozen strong players have stopped or suspended operations. Among them are Russia’s AiRUnion, Britain’s XL Airways UK and Italy’s Alitalia. Read the rest of this entry »

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NEW DELHI: The craze for low-cost air travel has hit the pause button, with full-service airlines clawing back by narrowing the gap in tariffs. Read the rest of this entry »

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