Kingfisher Airlines Chairman Vijay Mallya wants the government to allow foreign airlines have stake in domestic carriers. Mallya on Monday said that a large number of global carriers had sent inquiries to take a minority stake in Kingfisher Airlines. However, government rules do not allow foreign airlines to hold a stake in domestic airlines.
Curb on foreign airlines making investments in India must go, he says.
http://www.ibnlive.com/news/mallya-wants-govt-nod-to-sell-stake-in-kingfisher/78332-7.html
Will airlines cut ticket prices too? There's no official word on that yet.
http://www.ibnlive.com/news/atf-prices-to-be-cut-from-midnight-airlines-mum/78243-7.html
Airlines will no longer pay agents the 5 pc commission on each ticket booked.
http://www.ibnlive.com/news/airlines-wont-pay-travel-agents-pass-burden-on-fliers/77843-7.html
Airlines losing money on route, which it has served since 1930s.
http://www.ibnlive.com/news/british-airways-to-scrap-kolkatalondon-service/77644-26.html
JAL won Airline Turnaround Award from the Center for Asia Pacific Aviation.
http://www.ibnlive.com/news/jal-ceo-takes-a-pay-cut-flies-airline-out-of-turbulence/77452-7.html
The minister was not allowed to board the flight as he was late.
http://www.ibnlive.com/news/union-minister-assaults-kingfisher-airlines-manager/77412-3.html
Reportedly Akhilesh Prasad Singh reported late at the airport.
http://www.ibnlive.com/news/rjd-leader-assaults-kingfisher-airlines-manager-in-patna/77381-3.html
It means 16-17 per cent cut in ATF prices.
http://www.ibnlive.com/news/govt-airlifts-aviation-sector-scraps-atf-duty/77185-7.html
Min of Rs.350 for domestic and a max of Rs.10,000 for international passengers.
http://www.ibnlive.com/news/airfares-to-go-up-from-saturday--govt-cuts-atf-duty/77181-3.html
Oil Minister Murli Deora said a decision will be taken based on OPEC meeting.
http://www.ibnlive.com/news/no-bailout-for-airlines-but-fuel-prices-may-be-cut/76536-7.html
The airline has also forced a 20 pc pay cut and wants them to sign a 5-year bond.
http://www.ibnlive.com/news/senior-kingfisher-pilots-forced-to-fly-junior-aircraft/76520-7.html
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