The airline has launched a series of discount offers since January this year.
Indian airlines currently are required to have a minimum fleet of five aircraft and five years of operational experience for starting international services.
Operators developing greenfield airports (built from scratch on undeveloped land) are likely to face increased competition, with the Ministry of Civil Aviation considering tweaking the norms to allow such airports to be developed within 150-km radii of existing ones.
The company will use the proceeds to part-repay its debt, which stands at Rs 34,000 crore (Rs 340 billion) even after the recent qualified institutional placement of its shares. An RCom board committee recently approved the sale of these assets.
The Bombay High Court has directed four office-bearers of the Aviation Industry Employees' Guild to resume duties by July 7, in a move that supports Air India's drive against absenteeism.
Unlike Reliance Jio's focus on 4G, it plans to segment the data market based on device prices and spectrum.
.jpg)
Such direct import was formally allowed in February 2012 but the aviation companies lack the infrastructure to do so.
The airlines in their representation had said that pilots had to be spared for the renewal procedure, which took a lot of time.
FDI in the defence sector during 2000-2014 has been a meagre $4.94 billion, despite the total FDI flow into the country across sectors standing at $321.81 billion.
The market could see a fresh round of tariff war, similar to what happened in the voice market a few years ago.
Top companies added employees at 3% CAGR from 2003-04 to 2013-14, while revenues grew at 18%.
The MoU is a separate agreement entered into with the ministry that is more broad-based.
Sobha Puravankara is yet to explain to the safety lapses found by the DGCA.
Components manufactured in India are low-value products like casing and box packaging that constitute 5% of the bill for materials required in phone manufacturing.
Removal of mark-ups to be paid by Maruti, other changes could raise funding need to Rs 6,000 crore.
AirAsia is facing a legal challenge from Bharatiya Janata Party MP Subramanian Swamy, whose petition comes up for hearing at the Delhi HIgh Court on Wednesday.
The Boeing website lists the price of a Boeing 737-800 aircraft at $90.5 million.
During the checks on the Cessna aircraft registered with Business Jets India, the DGCA found that the pilots in command did not have necessary training certificates.
BAOA says the recent downgrade of India by the America's FAA was triggered primarily by a shortage of qualified staff for conducting safety and airworthiness inspections of aircraft.
Prabhat Kumar, who has been appointed as the DGCA chief three months ago, is taking steps to ensure safety of passengers.
© 2026 Rediff.com - Advertise with us - Disclaimer - Privacy Policy - Sitemap - Feedback - About us - Terms of use - Grievances