Airlines get nod to directly import jet fuel

In a major initiative to strengthen the cash-strapped aviation sector, a group of ministers on Tuesday decided to allow airlines to directly import jet fuel to enable them save on high incidence of tax and permit Air India to raise Rs 7,400 crore (Rs 74 billion) by issuing bonds or other means.

China bans airlines from paying EU carbon charges

China said Monday it has banned its airlines from complying with an EU scheme to impose charges on carbon emissions opposed by more than two dozen countries including India, Russia and the United States.

Government rolls out plan to help domestic airlines

New Delhi, Feb 7 (IANS) To help cash-strapped Indian airlines, a group of ministers (GoM) led by Finance Minister Pranab Mukherjee Tuesday rolled out a plan for the carriers to directly import aviation fuel and approved Air India's debt restructuring, pending a final approval by the cabinet.

Frontier Airlines wants to look more like Spirit

The chief executive at Republic Airways Holdings Inc. says he's trying to make the airline's money-losing Frontier Airlines unit more like lower-cost rivals Spirit Airlines and Allegiant Travel Co.But ...

Airlines: Passenger demand grew 6 percent in 2011

The International Air Transport Association says passenger demand grew 5.9 percent last year but lagged behind capacity increases.The group, which represents some 240 major airlines, says the airlines ...

Turbulent times continue for major airlines

The aviation sector is still struggling to recover from the global financial crisis, with two of the world's largest airlines revealing how difficult the industry can be.