India’s largest airline IndiGo confirmed its interest in snapping up the international operations of troubled state-run Air India on Thursday following the government’s bid to privatise the debt-laden flag carrier. Unveiling a broader plan to expand into long-haul flights, IndiGo told investors that it could be keen to take on some parts of Air India … Read more
India’s cabinet approved Wednesday plans to sell a stake in state-run Air India as the debt-saddled carrier struggles to compete with low-cost rivals in one of the world’s fastest-growing airline markets. “A civil aviation ministry proposal was received by the cabinet which was given an in principle approval for the disinvestment of Air India,” finance … Read more
India’s largest airline IndiGo Tuesday announced a deal to buy 50 small planes from French manufacturer ATR as it eyes a growing domestic market for first-time flyers. IndiGo will use the turboprop fleet to fly new regional routes opened under a government plan to connect rural India with the cities, the airline said in a … Read more
Indian airlines will soon offer dirt-cheap fares to dozens of new, regional destinations — some for the very first time — as the world’s fastest-growing aviation market tries to encourage millions more passengers to the skies. The government awarded flying rights to five Indian airlines Thursday to connect large metro cities to 70 small towns, … Read more