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Boeing, Airbus expect Indian airlines to order up to 1740 jets by 2034

2016-03-17 business-standard
Boeing Co and Airbus Group SE said on Thursday they expect Indian airlines to order up to 1740 jets over the next 20 years, as aircraft manufacturers eye one of the world's fastest-growing aviation markets to offset any weaker sales elsewhere.

Boeing, Airbus eye Indian growth as fears of global slowdown mount

2016-03-17 in.reuters
HYDERABAD, India Boeing Co and Airbus Group SE said on Thursday they expect Indian airlines to order up to 1740 jets over the next 20 years, as aircraft manufacturers eye one of the world's fastest-growing aviation markets to offset any weaker sales elsewhere.

Boeing, Airbus eye Indian growth as fears of global slowdown mount

2016-03-17 reuters
HYDERABAD, India Boeing Co (BA.N) and Airbus Group SE (AIR.PA) said on Thursday they expect Indian airlines to order up to 1740 jets over the next 20 years, as aircraft manufacturers eye one of the world's fastest-growing aviation markets to offset any weaker sales elsewhere.

Qatar Airways still keen on buying stake in Indigo

2016-03-16 livemint
Qatar Airways group chief executive of Akbar Al Baker says his airline could not invest in IndiGo’s initial public offer owing to government regulations

For SpiceJet, an equity tangle looms

2016-03-16 business-standard
The SpiceJet turnaround story could hit air pockets if the equity dilution after the warrant conversion by the erstwhile promoters (the Marans) takes place. Not only will the Marans get a hefty 23.9 per cent of the expanded equity base, it will also mean that two former and current promoters having a substantial stake could be detrimental to the company’s fortunes. Mayur Milak of Anand Rathi Research says the warrant conversion and the outcomes would complicate the situation.

SpiceJet: The equity tangle

2016-03-16 business-standard
The SpiceJet turnaround story could hit a couple of air pockets if the potential equity dilution post the warrant conversion by erstwhile promoters (Marans) takes place. Not only will the Marans get a hefty 23.9% of the expanded equity base but it will also mean two former and current promoters having a substantial stake in the entity which could be detrimental to the fortunes of the company.

Air India’s Nagpur MRO seeks defence business

2016-03-16 livemint
Air India is also approaching domestic airlines such as Jet Airways, IndiGo, GoAir and SpiceJet to service their aircraft at the Nagpur MRO

SpiceJet to pass board resolution within 3 days for issuance of warrants: HC

2016-03-15 livemint
Court also seeks the release of Rs.100 crore by Kalanithi Maran and KAL Airways to SpiceJet as per the sale-purchase agreement

The end of Kingfisher Airlines

2016-03-15 thestar.com.my
NEW DELHI: In an airfield in southern India, seven planes of the failed Kingfisher Airlines Ltd rust away – relics of a former billionaire’s ambition and emblems of the complex regulations that hamper Indian aviation.

Rusty jets on tarmac show besieged Vijay Mallya’s fallen empire

2016-03-14 livemint
Seven decaying planes of the failed Kingfisher Airlines are relics of Vijay Mallya’s ambition and emblems of the complex regulations that hamper Indian aviation