Budget airline SpiceJet Ltd is seriously evaluating buying out its rival JetLite. It is currently doing due diligence for any possible acquisition of the low-cost subsidiary.
Section: Money | Thursday, July 16, 2009 2:34 IST
Airlines will no longer be able to get away with deceptive fares — where they promote a certain fare and then charge something else at the time of transaction.
Section: Money | Wednesday, June 3, 2009 3:34 IST
Jet Airways announced the launch of its low-cost offering, which would have all economy and no-frills services on select 19 routes.
Section: Money | Friday, May 8, 2009 3:22 IST
Plunging domestic air traffic and stiff competition have forced full-service carriers to drop their fares to the levels of budget airlines, severely impairing their cash flows.
Section: Money | Tuesday, May 5, 2009 3:46 IST
If the rumblings from the aviation industry are anything to go by, the wind seems to be blowing in that direction.
Section: Money | Tuesday, April 21, 2009 3:16 IST
Falling passenger traffic is hitting the cash flows of airlines, making it difficult for them to meet their working capital requirements.
Section: Money | Wednesday, April 8, 2009 3:21 IST
Local carriers are adding capacity even as they are reducing fares on booking made 30 days in advance.
Section: Money | Thursday, March 26, 2009 2:38 IST
More than 15 days after local carriers announced discounted fares, a senior budget airline executive, said the move is proving to be suicidal for industry.
Section: Money | Tuesday, January 20, 2009 3:56 IST
Even as domestic airlines are trying to prop up local demand by slashing fares, their dollar ticket sales have crashed by over 30% after the Mumbai terror attacks.
Section: Money | Saturday, January 3, 2009 3:01 IST
Full-services carrier Jet Airways is taking a big hit on its sales as travel agents keep away from booking its tickets.
Section: Money | Monday, December 8, 2008 3:50 IST
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