This carbon credit system is expected to generate greater financial viability for regional operators.
India is not an easy environment to operate in and grow because of the high cost of operations, says Neil Mills.
The GVK Group-run Mumbai International Airport Ltd is upgrading the airport at an estimated cost of Rs 12,380 crore.
An aviation website has evaluated AirAsia's potential network in India based on passenger market size, distance from Chennai and competition.
Ajit Singh says the govt does not intend to regulate fares but in the larger public interest, transparency is required.
Officials differ, say firm should first fly regional.
This was in response to the assertion of some officials of the finance ministry and the Department of Industrial Policy & Promotion that a strategically placed comma in DIPP's press note on FDI in civil aviation meant foreign airlines were allowed to hold up to 49 per cent stake in existing Indian carriers, as well as new airline companies being set up.
Air India's total debt stands at about Rs 43,000 crore. It also has dues worth hundreds of crores to oil companies, airports and vendors
The state-run carrier will shortly invite bids to replace its fleet of 11 ATR-42s and Bombardier CRJ planes with newer fuel-efficient turbo prop planes to improve its operating result.
On Monday, the ministry withdrew foreign traffic rights it had granted to Kingfisher Airlines.
Air India and Jet Airways flew tonnes of fresh flowers to Europe in the last 10-12 days, though their uplift is much less compared to rival carriers.
The carrier has debt of Rs 43,000 crore.
The Kumbh Mela is expected to draw close to 100 million visitors in all, including pilgrims, politicians, celebrities and corporate leaders, from around the world.
Limited monopoly period to airline bidding for least subsidy to connect any of 80 Tier-III cities.
The railways is also expected to fall short of the freight earnings target, owing to the economic slowdown.
Internal revenue generation only Rs 8,000 crore; planned investment cut 13%
The civil aviation ministry is to issue new route dispersal guidelines this month.
Etihad will be able to carve out a strong niche in the Indian market.
Jet's flights to Abu Dhabi could be used to carry passengers from India headed for the US and Europe.
Grounding increases govt carrier's fuel cost by Rs 40 lakh daily, forces changes in schedules.
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