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  • Deccan Aviation gets DGCA permission to fly abroad
  • Idea, BSNL agree to interconnect RCom's GSM service
  • Flight cancelled due to workers strike
  • Cancel 11 flights to & from Kolkata on 20 Aug
  • To launch Mumbai services on Wednesday
  • Deccan Aviation gets permission to fly to UK
  • RBI relief bonds can be used as collateral for bk loan
  • July Producer Price Index at 27-year high; up 1.2%
  • U.S. Housing Starts down 11% in July, lowest in 17 years
  • Board okays buy back at price not exceeding Rs.350/share
  • Cannot say if interest rates have peaked: NW
  • RBI steps, inflation to determine interest rates : NW
  • BSE Power up 0.26% , Bankex up 0.10%
  • BSE Teck down 1.38% , Consumer Durables down 1.17%
  • CNX MidCap down 0.29% , BSE Small Cap down 0.34%
  • Sensex down 0.70% at 14,543.73
  • Nifty down 0.56% at 4,368.25
  • Expectations of U.K having 2 qtrs of -ve GDP growth
  • See further concerns emerging in U.S economy
  • Govt could be lender of last resort to Fannie and Freddie
  • EMs have seen $20bn fund outflows in last 10 weeks
  • Deccan Aviation granted traffic rights on India-UK sector
  • Revenues seen flowing in from Q4'09: Sources
  • Initial order size at $20-$25mn: Sources
  • Contracts to be signed within 3 months: Sources
  • Astrazeneca, Merck visited Dishman's facilities: Sources
  • Dishman to get orders from Merck & Astrazeneca: Srcs
  • India may import 3-3.5 MT of diesel this year : Oil Secy
  • To raise tractor prices this month : Escorts
  • Aluminium, Copper prices to remain weak in H2 FY'09
Updated: 20/08/08 | 12:11 AM IST
Aviation
Jetlite, a wholly-owned subsidiary of Jet Airways on Tuesday announced a 14-day Advance Purchase (APEX) fares scheme on several key domestic sectors, claiming that passengers would get substantial savings over regular fares.
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The national consumer redressal body has pulled up Kingfisher Airlines for adopting an unfair trade practice by misinforming passengers about the airline they were flying by.
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The Ministry of Civil Aviation has announced the draft guidelines for user development fees at airports, a charge that authorities levy on passengers on international flights.
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High fares but fewer passengers is not a recipe that’s working for budget airlines. With crude prices coming off 22 per cent from their peak to around $115 a barrel, some airlines are now ready for fare cuts.
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We've all heard of how the aviation sector has been hit by the rising fuel prices but now rising airfares are also having a direct impact on the Indian middle class as many of whom are now migrating back from flying to other modes of transport.
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Air India staff will hereafter not be allowed go on foreign tours unless it is "absolutely essential" and that too only with the permission of its Chairman and Managing Director.
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Delhi airport's third airstrip – Asia's longest at 4,430 metres – will undergo a trial run from Aug 21, a top airport official said on Monday.
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Next time you take to the sky on board a Singapore Airlines flight, you may not get an in-flight magazine or you may find a 'lighter' newspaper with fewer pages.
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Low cost carrier SpiceJet on Monday said US-based private equity company WL Ross & Co LLC will invest $100 million (over Rs 420 crore) in the company for business requirements.
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The United Arab Emirates' low-cost carrier Air Arabia has introduced a new system that would allow a passenger to choose his or her seat while making a flight reservation.
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Special
Wholesale prices in the US rising at fastest pace since 1981
The US Labor Department said its Producer Price Index rose by 1.2 per cent in July, pushed higher by rising costs for energy and motor vehicles. Food prices rose by 0.3 per cent.

 
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