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Canada court orders seizure of Air India, AAI assets over dues

A court in Canada has ordered the seizure of amounts collected by the International Air Transport Association (IATA) on behalf of Air India and the Airports Authority of India (AAI). Separate......

Travel agent defaults on Rs 120 crore

A travel firm from Delhi has sent airlines into a tizzy after defaulting on a payment of about Rs 120 crore (Rs 1.2 billion) for ticket sales in March.This is said to be one of the biggest defaults......

India's airlines' cash flow to improve

Airlines and travel agents are on a collision course. On Thursday, the International Air Transport Association (IATA) informed travel agents that they would have to remit the ticket sale proceeds......

Kingfisher suspended from two more IATA platforms

Badgered from all sides, Kingfisher Airlines was on Friday suspended for non-payment of dues from two more IATA platforms that would affect its passenger and cargo bookings through agents, but the......

'Airlines will have to spend 14% profits on DIAL charges'

Tony Tyler, director general and chief executive officer of the International Air Transport Association, a global industry trade body, says the European Union-Emission Trading Scheme is a regional......

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