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Indian Airlines News
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India Plans To Sell Airline Stakes
January 25, 2005
India may sell up to 10 percent of its long-haul airline Air India as early as next year to help pay for fleet expansion as the state-owned carrier battles tough competition.
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Indian Airlines Makes First Profit In 4 Years
December 3, 2004
State-owned Indian Airlines, one of India's three main domestic carriers, has made its first annual profit in four years, helped by cost cuts and improved productivity, its chairman said on Friday.
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Indian Air Travel Continues Strong Growth
November 23, 2004
India's domestic air travel market expanded by 26.5 percent in the fist half of this business year as falling fares and a revival in tourist traffic boosted demand in Asia's fourth largest economy.
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Indian Air Gets Approval For Airbus Purchase
November 10, 2004
An Indian government panel has approved a USD$2.1 billion proposal by state-owned Indian Airlines to buy 43 planes from Airbus, taking the deal a step closer to fruition.
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