Jet Airways And Kingfisher Airlines

• 

  "Will Help Them Save Jet": Vijay Mallya Renews Offer In Cutting Remarks

  Fugitive businessman Vijay Mallya, who is being investigated for fraud and money-laundering, said his now-defunct Kingfisher Airlines too could have been bailed out by lenders, similar to what happened with cash-strapped Jet Airways on Monday. He blamed banks for letting "India's finest airline" close its operations seven years ago.

• 

  Naresh Goyal Not to Bring Down Holding Below 51%: Jet

  Private carrier Jet Airways on Wednesday said its promoter and chairman Naresh Goyal will not dilute his equity stake in the airline below 51 per cent at any time - a comment that comes a day after the disclosure about encumbrance of his entire holding.

• 

  SpiceJet Soars 15% on Hopes of New Investments

  SpiceJet shares jumped over 15 per cent on Friday on reports that the ailing carrier may get new investments soon. SpiceJet has a liability of Rs 2,000 crore and it had to ground its operations briefly on Wednesday after oil companies refused supplied pending the clearance of dues.

• Six Indian Carriers Owe Rs 5,889 Crore to Airports Body, 3 Oil Firms

  Six Indian carriers including beleaguered SpiceJet, now-collapsed Kingfisher Airlines and Paramount Airways jointly owe a whopping Rs 5,889 crore to the Airports Authority of India (AAI) and three state-run oil companies, the Rajya Sabha was informed on Tuesday.

• Jet Airways, SpiceJet make part payment of dues to AAI: report

  Facing the threat of penal action, SpiceJet and Jet Airways have made part payment of their dues to the Airports Authority of India (AAI), according to official sources.

• Jet, Kingfisher, SpiceJet fly into audit red-flags over 'going concern' claims

  As airlines continue to find it tough to generate profits and raise funds, auditors of all three listed carriers -- Jet Airways, Spicejet and Kingfisher have raised red-flags on their 'going concern' status.

• Jet, SpiceJet shares fall on quarterly losses

  Shares in Jet Airways and its smaller rival SpiceJet saw sharp selling pressure on Monday after the domestic carriers posted quarterly losses on Friday. Jet Airways, India's second carrier by domestic market share, fell as much as 4.5 per cent, while budget carrier SpiceJet slumped over 6.5 per cent.

• Foreign airlines keen on entering India: Ajit Singh

  With the government allowing foreign airlines to invest in Indian carriers, "it is clear that foreign airlines have realised the growth possibilities of the Indian aviation sector and are keenly interested", he said.

• Jet Airways shares soar nearly 20% after Etihad deal, SpiceJet up 10.5%

  The investment is the first by an overseas operator in an Indian airline since ownership rules were relaxed and provides India's largest carrier with a deep-pocketed global partner as well as cash to retire debt.

• Emirates flew more persons in and out of India than Air India

  In a development that could be of serious concern to Indian carriers, Dubai-based Emirates flew more international travellers in and out of India than Air India in 2011-12, according to official data.

• Jet Airways falls 10% as talks with Etihad hit new roadblocks

  A possible deal between India's Jet Airways and Abu Dhabi's Etihad Airways has run into rough weather after disputes emerged over investment protection and management control, sources told NDTV.

• Jet Airways seeks Aviation Ministry nod to buy six Kingfisher slots

  With the government withdrawing Kingfisher Airlines' international flying rights and domestic slots, the Jet Airways has approached the Aviation Ministry to acquire six of the vacant slots, according to sources.

• Jet Airways seeks nod to buy six Kingfisher slots

  With the government withdrawing Kingfisher Airlines' international flying rights and domestic slots, the Jet Airways has approached the Aviation Ministry to acquire six of the vacant slots, according to sources.

• SpiceJet shares slump as AirAsia, Tata Sons announce tie-up

  Malaysia's AirAsia's planned entry into the Indian aviation space spells trouble for current operators like SpiceJet, global investment bank JP Morgan has said. AirAsia Bhd is Asia's largest budget carrier and it plans to launch a regional airline in the country in a venture with the Tata group.

• War over airfares intensifies, Air India joins in

  By evening on Tuesday budget carriers GoAir and Indigo had followed suit with unannounced, discreet price cuts offered through travel and ticketing websites such as Makemytrip.com.