The largest private airline of the nation, Jet Airways has reported that in the month of September it saw thirty seven decimal one percent more domestic passengers compared to the percentage of passengers one year earlier. The firm also saw a rise of thirty six decimal four percent in its international passengers.

Spicejet's five decimal zero three prcent shares has been purchased by the Kai Airways. Kai Airways has spent in the tune of ninety one decimal five two crores of rupees.

Kalanithi Maran, the man who promoted Sun TV is the owner of Kai Airways.. Through the deal nineteen decimal three seven lakhs of shares of SpiceJet will be purchased by Kai at forty seven rupees and twenty five paisa per share.

Air India, the national airlines is looking for a loan of one decimal one five billion dollars or five thousand one hundred and six crores of rupees from world banks to repay loans. The firm had taken loans earlier for buying twenty one Airbus SAS and other equipments.

Navi Mumbai airport is likely to get the final clearance within a month’s time. The work of the projected second airport of the metro city had resumed after its developer Cisco or City and Industrial Developer had agreed to make the necessary changes in designs for addressing environmental issues.

Airbus industries, the European aircraft maker has forecast that a fair number of planes will be purchased by Indian carriers.

Tom Enders .president and CEO of Airbus stated that in the coming two decades Indian airlines will purchase six hundred and thirty eight single-aisle airplane, two hundred and eighty seven twin-aisle planes sixty eight giant passenger carrier and thirty nine cargo plane .

Vijay Mallya owned Kingfisher Airlines is likely to settle the restructuring of its six thousand crores of rupees loans within a month. The carrier announced this ahead of its plan to raise a sum of two hundred and fifty million dollars from the issuance of global depository receipts (GDR).

The second largest domestic air carrier in India, Kingfisher Airlines has said that it has appointed Sanjay Aggarwal as its new chief executive officer.

Mr. Aggarwal was the former Chief Executive Officer or rival carrier, SpiceJet. According to a company statement he will takeover immediately and aim to save costs for the airlines and return it to profits.