Predatory airfare pricing going on, airlines will shut down if it continues: Aviation Minister Hardeep Singh Puri
IndiGo & SpiceJet reported Rs 1,062 crore and Rs 463 crore loss respectively in the second quarter of 2019-20.
European shares dip on Iran missile strike, weak German factory data
The pan-European STOXX 600 equity index was down 0.4 per cent
Share market update: Aviation stocks grounded; Spicejet descends 2%
The 30 shares BSE Sensex was down 154.97 points at 40714.5.
Ukraine leader warns against 'speculation' after plane crash
Ukrainian President Volodymyr Zelensky on Wednesday warned against speculation about the crash of a Ukrainian passenger plane near Tehran which killed more than 170 people.
Avoid all non-essential travel to Iraq: MEA’s advice
In an advisory by the Ministry of External Affairs, it advised Indian citizens to avoid unimportant travel to Iraq in view of the prevailing situation in the Gulf country. It said Indian nationals residing in Iraq are advised to be alert and may avoid travel within Iraq.
Ukrainian airplane with 170 aboard crashes in Iran
The Boeing 737 belonging to Ukraine International Airlines crashed near the airport and burst into flames. A Ukrainian foreign ministry official in Kiev said all crew and passengers aboard were killed, citing information from the airline.
After Market: Titan shines in sea of red; banks, airline, paint stocks hit hardest; 100 stocks flash ‘sell’ signals
Titan was among the only two stocks in the Sensex pack that ended the day in green.
US asks its airlines be cautious in Pakistan airspace due to "extremist or militant activity"
There is a risk to US civil aviation operating in the territory and airspace of Pakistan due to extremist/militant activity," said the US Federal Aviation Administration (FAA) in a notice to airmen (NOTAM) dated December 30, 2019. The NOTAM is applicable to all US-based airlines and US-based pilots.
'Rumours' of Air India's shutdown baseless: CMD Ashwani Lohani
"Rumours regarding Air India shutting down or closing operations are all baseless," Lohani said in a tweet.
Without buyer, Air India might be forced to shut down in six months: Airline official
The airline has debt of Rs 60,000 cr and the govt is still working on the modalities for the disinvestment.
Do not use Indian cases to stall proceedings in UK: SC to Mallya
The Supreme Court on Monday asked chairman of the now defunct Kingfisher Airlines Vijay Mallya not to use the cases pending against him in Indian courts to stall a ruling in an insolvency case filed against him in London by Indian banks.
Share market update: Aviation stocks mixed; SpiceJet zooms 6%
The 30 shares BSE Sensex was down 53.54 points at 41521.6.
Jet Airways: Lenders may extend deadline to Jan 15 to accommodate more players
Jet Airways committee of creditors today voted on whether to extend deadline for expression of interest in the debt-ridden airline. Lenders ...
Proposed cut in duty-free liquor, cigarettes to cause Rs 650 cr/year loss to airports: Industry body
Indian airports are likely to incur a revenue loss of Rs 650 crore per annum if the reported recommendations of the Commerce Ministry on duty-free sales are put in place, private airports operators body APAO said on Tuesday.
Share market update: Airline stocks gain; Jet Airways spikes 5%
The NSE Nifty 50 index was trading 48.40 points down at 12223.4.
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