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.
Jet Airways expects to return to profit in the next 18 months, following implementation of a new route network and fleet strategy and cost optimisation measures.
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.
For international travel, frequent flyers look at network and Air India's global network is weak.
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Such direct import was formally allowed in February 2012 but the aviation companies lack the infrastructure to do so.
An industry source said Reliance Industries did not have a controlling stake in Yatra.com through its acquisition of Network 18. It was just a financial investment.
The airlines in their representation had said that pilots had to be spared for the renewal procedure, which took a lot of time.
The MoU is a separate agreement entered into with the ministry that is more broad-based.
Airline now financially more stable but still in the doldrums as the operating environment remains tough.
Sobha Puravankara is yet to explain to the safety lapses found by the DGCA.
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.
Capital goods stocks rallied nearly 16 per cent since January on purchases by foreign institutional investors and in anticipation of a change of government at the Centre.
Small aircraft operators want better infra at regional airports.
DGCA considers this in wake of Malaysian tragedy; no rules to gauge mental state now.
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