The passenger numbers in the third quarter were up by over 25 per cent compared to the same quarter last year.
The national carrier to get lion's share of the Rs 1,978 crore budgetary support demanded by the ministry for 2010-11.
As the ministry of finance gets into the Budget mode, its officials perhaps want to tell themselves, "All is well". So, they have none other than Aamir Khan, alias Rancho of recent Bollywood blockbuster 3 Idiots, talking to them this weekend on Cinema and Society.
Chinese auto component manufacturers are quietly making inroads into India.
Road ministry mulls a fee of Rs 15 for such a cover.
While Finance Minister Pranab Mukherjee is aiming for a return to the path of fiscal prudence, various departments of the central government appear to be out of sync.
The trend of airlines shifting capacities to the low-cost model, as witnessed in the current year, is likely to continue in the next year. Around 80 per cent of the capacity converted or added in the latter part of 2009 had been in the low-cost segment, and a majority came from conversions of full fledged services.
The terminal, built at a cost of Rs 8,996 crore, has four boarding piers with 48 boarding gates and 78 aerobridges.
A fresh $1-billion (nearly 4,600-crore) loan from the World Bank under the Jawaharlal Nehru National Urban Renewal Mission (JNNURM), to be routed through the Union government, would be linked to cities adopting certain efficiency parameters.
There are 600 employees of the Airports Authority of India (AAI) in Mumbai who draw their pay with no work to do.
The government is likely to ease the incidence of minimum alternate tax, or MAT, on infrastructure companies.
Rights of toll collection in 96 toll plazas on highways under the National Highways Authority of India will be offered to the private sector.
It not only wants the ministry of petroleum and natural gas to rework the under-recovery figure for the current year but has also decided to look at the issue of oil subsidies only in February 2010, when the next Budget will be announced.
They want more cash, forex, higher bond coupons and increase in market prices for petrol, diesel, LPG.
Air India is to again start the process of negotiations on productivity-linked incentives (PLI) in pay with the staff unions. Earlier meetings held to agree on an amount to cut from salaries have not yielded satisfactory results."We will be meeting the unions soon and are hopeful that we will agree to a percentage, as all the employees also want the airline to survive," said a senior government official.The official also added that any cut in PLI would be across the board.
The ministry of petroleum and natural gas would be issuing instructions for fresh gas allocation from D6 this week.
A plan for projects to be awarded in the year 2010-11 is to be launched soon.
The cost available per seat km of an FSC, which used to be Rs 4.60 compared with Rs 2.40 of their low-cost counterpart, has fallen to Rs 3.02, only 25 per cent more than the latter.
To bring down its aircraft strength of 133 to 95, National Aviation Company Ltd, which runs Air India, has worked out a combination of leasing, selling and phasing out of its existing fleet.
Paramount is the only airline in India to offer full business class service at prices comparable to the normal economy class fares of other airlines. It flies to 16 destinations in the country.
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