India has signed a $2.1 billion (Rs10,164 crore) pact with US aerospace giant Boeing Co. to buy maritime surveillance aircraft for the Indian Navy, officials said on Monday.

British Airways (BA), UK airline major has expressed its interest in obtaining a 25% stake in India-based Wadia group-promoted low cost air carrier Go Air.

Singapore Airlines (SIA) discusses with cargo pilots to take leave with no pay after the global economic slump disturbed freight demand, a spokesman said on Wednesday.

Jet Airways trades on the higher side after the company announced to slash fares by up to 40% on Sunday. The stock is presently trading at Rs.185.65, up by 3.80% from its earlier closing of Rs.178.85 on the BSE.

The operator of New Delhi’s Indira Gandhi International Airport — Delhi International Airport, a GMR Infrastructure led consortium which manages the work has warned civil aviation ministry

Jet Airways and Kingfisher Airlines’ shares have gone up by over 9%

Jet Airways’ shares have gained after reports said that the company plans to lease five aircraft to Gulf Air Co. and Turkish Airlines Inc. to slash costs.

Jet Airways is now ready to pay 3% commission on airfares after four days in a dividing line and halting tickets sales by the agents, including a so-called fuel surcharge that was not considered while calculating such payouts till October 31.

Kingfisher Airlines’ shares have gained by 1.6% to Rs28.4 after reports stated that the company would begin non-stop flights between Mumbai to London from 5th of January 2009.

Kingfisher Airlines, a private airline is likely to launch its first non-stop Mumbai-London flight on January 9.