Budget carrier IndiGo on Monday announced six additional daily non-stop flights from Delhi from May 25.
Domestic air passenger traffic growth managed to remain in the green in March growing falt or 0.14 percent, largely due to the huge capacity reduction following the troubles at Jet Airways in the month, show the monthly data released by the DGCA Monday.
Global buyout major Blackstone Monday announced acquisition of a majority 51 percent stake in the troubled Essel group arm Essel Propack for over USD 460 million or about Rs 3,200 crore.
Maruti Suzuki India's (MSI) entry level hatchback Alto was the best selling passenger vehicle model in India in 2018-19, leading the pack of the auto major's models that grabbed seven places in the top 10 list, according to industry data.
A Jet Airways employees' union has asked aviation regulator DGCA to stop allocation of the airline's slots to other carriers till the bidding process for stake sale is complete.
With an uncertain future staring at over 22,000 employees of the grounded Jet Airways, bank unions on Monday suggested offering special loans to them to tide of their financial crisis arising from non-payment of salaries.
The Environment Ministry has issued a show-cause notice to the firm operating the Okhla waste-to-energy plant in southeast Delhi for violation of rules.
Prospective investors in the temporarily grounded Jet Airways have asked lenders to take a massive haircut or write-off around 80 per cent outstanding debt of the airline which is more than Rs 11,000 crore, document and sources revealed on Monday.
Twitter on Monday said it has appointed Manish Maheshwari as the Managing Director of its India operations.
Full service carrier Vistara was caught in a social media storm Sunday for tweeting and later deleting a picture of its staff with a retired major general.
Budget carrier Spicejet on Monday announced signing of an initial pact for code share partnership with Gulf carrier Emirates.
Grounded carrier Jet Airways on Monday said its non-executive and non-independent director Nasim Zaidi has quit the board, citing personal reasons and time constraints.
Ride-hailing platform Ola is in discussions with luxury carmakers, including Audi, Mercedes and BMW, to launch a subscription-based service under its self-drive offering, according to sources.
Air India Express, the international budget arm of Air India, is examining the possibility of leasing some Boeing 737 aircraft of grounded carrier Jet Airways, which are parked at different airports due to non-payment, through a firm decision is yet to be taken, a top company official said Sunday.
Even as Jet Airway's lenders are confident of selling their stake in the temporarily grounded airline, they have prepared a contingency plan which includes taking the company to Debt Recovery Tribunal (DRT), sources said.