Fliers no reason to cheer; airfares remain unchanged

During his keynote address at the Routes Asia Strategy Summit, Aditya Ghosh, President and Chief Executive Officer of India's largest domestic carrier, IndiGo, outlined his dreams for the future development of the aviation business in the country.

By Sayantani Ghosh REUTERS - Business software maker BMC Software Inc (BMC.O), whose anemic growth has been a source of frustration for its largest shareholder, said it would be taken private by a group led by Bain Capital and Golden Gate Capital ...

By Sayantani Ghosh (Reuters) - Nuance Communications Inc NUAN.O, whose software powers the Siri voice feature in Apple Inc's AAPL.O iPhone, forecast third-quarter profit below analysts' estimates, hurt by costs related to integrating recent ...

New Delhi : More than a dozen corporates, including big names such as Aditya Birla Group, M&M, L&T, as well as state-owned PFC, LIC and India Post, will apply to the Reserve Bank for licence to open banks. While announcing comprehensive guidelines for new ...

Thirty three year old Mittu Chandilya will take charge as the chief executive officer of AirAsia from June 1 making him amongst the youngest head of an airline in India. Aditya Ghosh, who is the president of rival low cost airline IndiGo, was 32 ...

Chennai-based low-cost carrier SpiceJet is likely to soon place an order for 30 to 40 Boeing 737 MAX aircraft as well as firm up the options for 15 Bombardier Q400 planes, according to aviation consultancy firm Centre for Asia Pacific Aviation. At ...

She has the oomph of a diva and the grace of a typical Bhartiya Naari. PREETI JABBAL is floored by Vidya Balan Vidya Balan's name in an Indian film comes with a promise and a guarantee. Her roles have garnered commercial viability and artistic ...

(CNN) -- The country's economy may be surging ahead, but for the last few years, many of India's legacy airlines have struggled to keep their books in the black. Last October, Kingfisher Airlines suspended flights until further notice, and ...

Fly light or pay more. Also, be prepared to shell out up to Rs. 500 more if you want to pre-book a preferred seat. Airlines have started reducing baggage allowance and charging a fee for allocating preferred seats a few days after the Directorate ...