Puri noted that India is going through a "phase of rapid and aggressive structural adjustment", the statement said
From good times, India's airlines flew into hard times last year, with cut-throat competition ensuring cheap tickets but also pushing some companies in the red. Here is what 2020 might hold for them
Airbus said last week it had agreed to set aside up to 3.6 billion euros to settle a corruption probe by authorities in France, Britain and the United States
Despite phenomenal growth, Indian aviation has been a mixed bag with many lost opportunities
The government's refusal to inject money into national carrier Air India shows in its declining market share.
'Our plans for the A321 XLR are similar to our current single-aisle, all economy', said Ronojoy Dutta
SpiceJet Ltd., which has as many as 205 737 Max jets on order, has said it may buy at least 100 Airbus planes worth more than $10 billion
When Jet Airways was operating to its full schedule, the total fleet size of Indian airlines had peaked at 614 in January
Indian carriers are paying a much higher cost of operation and, therefore, they are not competitive with others, he said
Besides, the airline, in a release, also announced the launch of Rajkot as its 54th destination, with a direct flight services from here to Gujarat's fourth-largest city
The financial implications of aircraft flying West from Delhi being forced to take circuitous routes to at least 27 destinations would be severe
Too many 'incidents' have been marring airlines' record of late in the country. Is safety being taken seriously enough, asks Anjuli Bhargava
Strong fundamentals, including low crude oil prices, stable air-travel demand, and a range-bound rupee, analysts believe, make a strong case for the airline's expansion
Vistara will deploy 50% of its capacity on international routes in the next five years
Airlines, pilots and the authorities need to pull up their socks to ensure flying remains the safest travel option in India
Gangwal, teamed up with Bhatia -- a former airline sales agent -- to create IndiGo in 2005, which quickly outpaced rivals to control almost half of the local market
The board will also take a decision on whether to call for an external audit of Gangwal's personal expenses
While the relationship between the two partners had deteriorated since August 2018, one last attempt at reconciliation was made at a meeting held in the offices of Bhatia's lawyer on May 28 this year
If there are any poster boys of the success of India's less-than-full-hearted move to a market economy, they are aviation and telecom
High fuel prices, a weak rupee and intense competition dragged down airline financial results for much of 2018.