The festival month brought cheer to the domestic airline industry.In October, the eight domestic airlines flew 39.69 lakh passengers or almost 27% more than the 31.33 lakh people they ferried in the same month last year.

Low-cost airline SpiceJet, which attracted $80-million investment from US billionaire Wilbur Ross last year, is looking to acquire a rival budget airline, and start international and regional operations, said its chief executive.

Three domestic airlines in Kingfisher Airlines, SpiceJet and IndiGo have tied up to take on the OTA Bandwagon. In a bid to get rid of the agents commission and service charges the three have come together to launch an online travel portal called Rang7 .Read rest of the story from the link above.