Indian airline sector forecast to slash losses, with ticket prices rising

New Delhi: India’s airlines are poised to cut their cumulative losses by as much as two-thirds in the financial year starting in April, aviation consultancy CAPA India said on Tuesday, with airline executives saying ticket prices are finally rising. The consultancy’s forecast is for Indian carriers to lose a collective $550 million to $700 million […]

Shortage of pilots grounds more than 30 IndiGo flights

MUMBAI: Mumbai: IndiGo cancelled more than 30 flights on Tuesday, primarily because of a shortage of pilots, an industry official said, requesting anonymity. The budget carrier, which is India’s largest airline by marketshare, operates about 1,300 flights daily. Flights were cancelled in the Kolkata-Delhi, Kolkata-Nagpur, Kolkata-Chennai, Kolkata-Bangalore, Hyderabad-Kolkata, Hyderabad-Bangalore, Ahmedabad-Udaipur, Ahmedabad-Bangalore, Mumbai-Delhi, and Bangalore-Raipur routes, […]

Fresh row erupts over Rafale, this time over anti-corruption clause

NEW DELHI: The policy to clinch defence deals without at times rigorously following standard operating procedures was laid out by none other than the previous Congress-led United Progressive Alliance (UPA), said a news report on Monday, even as another report criticized the National Democratic Alliance (NDA) government for seemingly discarding established procedure for military procurement […]