Jet Airways, India’s largest airline by market share, plans to change its business model by increasing domestic, low-fare flights, responding to a trend already evident in the Indian market. The carrier is looking to increase its local low-fare capacity to 80-85% of total domestic flights from the current 72%, Chief Commercial Officer Sudheer Raghavan says.

NEW DELHI — India is likely to receive the final batch of five MiG-29K/KUB fighters from Russia by December, a defense ministry official says. “With this, Russia will complete the delivery of 16 carrier-borne MiG-29K/KUB fighters to the Indian navy,” the official said over the weekend. India and Russia signed a contract in January 2004 for 12 single-seat MiG-29Ks and four two-seat MiG-29KUBs.

India’s federal government on Aug. 12 replaced the head of Air India and said it will complete the financial restructuring plan of the ailing carrier in about three months.