BANGALORE: Capt G R Gopinath, one of the largest individual shareholders in Kingfisher Airlines, has sold a portion of his shares in the company. From November 3 to 7, Gopinath sold 19,29,995 shares as per information available on the National Stock Exchange (NSE) and the Bombay Stock Exchange (BSE) websites, mopping up a little over Rs 5 crore in five days. Read the rest of this entry »

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Kullu: Crisis in the airlines industry may cast its shadow on tourism industry in Himachal Pradesh as Air India has decided to suspend its lone flight to Kullu from November 22, eight months after it was launched. The move has invited immediate reaction from people related with tourism in the valley, who have now urged the chief minister to intervene. Read the rest of this entry »

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NEW DELHI: Air travel may soon cost less as agents are planning to withdraw transaction fee of Rs 350-500 on each domestic and Rs 1,200-10,000 on international ticket, after facing protests from the passengers. Read the rest of this entry »

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A controversial human rights group in Punjab plans to release a report this weekend identifying new suspects it claims have confessed to the 1985 Air India bombing. Read the rest of this entry »

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MUMBAI: Vijay Mallya-owned Kingfisher Airlines has benched 50 trainee co-pilots asking them to stay at home till further orders. The company has offered them a monthly stipend of Rs 20,000 against their take-home salary of up to Rs 1 lakh. Read the rest of this entry »

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NEW DELHI: Vijay Mallya-promoted Kingfisher Airlines tonight made “a significant payment” to the Airports Authority of India to clear a due of over Rs 286 crore. Read the rest of this entry »

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NEW DELHI: India and Malaysia on Monday decided to increase the number of flights in a week operating between the two countries from 2009, officials said here on Monday. Read the rest of this entry »

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Kingfisher Airlines has made announcement that the company will start two daily flights between Mumbai and Nashik from November 17, 2008 from Ojhar air strip of Hindustan Aeronautics Ltd (HAL). Read the rest of this entry »

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Even as the 76-year-old landmark Begumpet airport shut down for commercial operations earlier this year, across the runway there is an institution, which has been so much part of India’s aviation history. However, it is a lesser-known landmark and its function still lesser known to the general public. Read the rest of this entry »

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MUMBAI: Low-cost carrier SpiceJet has hired more ground-handling staff in airports following increase in operations. A senior company official confirmed it, but declined to divulge the exact number of recruitment which, according to industry sources, is 50. The official said the company is looking at another round of hiring for ground handling staff as it is now operating more flights. Read the rest of this entry »

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