AirAsia not to break even before eight months, says head of investor relations Benyamin Bin Ismail
The airline will in the first four months "build its brand" offering low fares and getting traffic on its flights, said Benyamin Bin Ismail.
Anirban Chowdhury
Nine investment banks to bid for Rs 2,500 crore IndiGo IPO; to be the biggest ever in India's aviation industry
The banks include Bank of America Merrill Lynch, JP Morgan, Goldman Sachs, Morgan Stanley, Citigroup, Barclays, UBS, Credit Suisse and BNP Paribas.
Air India may hire more cabin crew to raise standards
The airline’s customer-service division has raised the issue but no number has yet been proposed to the human resources department.
Airlines in fare war again: SpiceJet, IndiGo roll out discounts for the peak travel season
Offer included eye-catching figure of Rs 1,999 for a Delhi & Goa trip though tickets would have to be bought before 30 June. IndiGo responded with similar offer.
Air India likely to join Star Alliance by today
Air India is likely to be inducted into one of the largest interline networks of the world by Tuesday, a senior airline official said.
Airlines oppose Bangalore airport’s move that’s likely to benefit AirAsia India
Indian carriers will protest against Bangalore airport’s recent decision to give discounts to airlines which use it as their base, senior executives said.
GMR wins maldives airport case, seeks compensation
The tribunal has directed Maldives and the state-owned Maldives Airports Company (MACL) to pay $4 million legal damages to GMR within 42 days.
Air India terminates 45 cabin crew for absenteeism
The tough moves augur well for the loss-making airline, one of whose main problems is a large wage bill, which is a large chunk of its losses.
Air India sacks 45 cabin crew members on grounds of absenteeism
The decision of AI to crack the whip comes amid reports that several cabin crew members were eyeing jobs in Gulf carriers.
Air India quietly taking on budget carriers, offers cheap tickets on busy routes
Even as budget carriers wage fare wars to gain shares in market, AI has been quietly undercutting them with lowest ticket prices on busy routes.
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