DGCA made a bad financial decision in shutting down Kingfisher Airlines

Earlier this month, now shutdown Kingfisher Airlines, once India’s largest private domestic carrier, reported a huge net pre-tax loss of Rs. 1115.5 Crore for the second quarter of Fiscal Year 2012-13. The performance was by far and away the poorest quarterly financial performance out of any Indian airline in the last few years, though that…

SpiceJet to commence three new international routes

Gurgaon based low fare carrier SpiceJet will expand its international network by opening three new sectors Kochi Male, Kochi Dubai, and Ahmedabad Dubai. Male is a new destination for the airline. SpiceJet already operates daily flights to Dubai from Mumbai and Delhi. Flight From Destination Departure (Local Time) Arrival (Local Time) Frequency First Flight SG…