The new regulatory body would be called the Civil Aviation Authority and would replace the Directorate General of Civil Aviation.
Amid reports of sighting of more debris by a Russian search team, divers on Tuesday recovered two more bodies from choppy waters in the JavaSea, though there was still no trace of the crucial black box of the crashed AirAsia aircraft that crashed nine days ago.
However, while the capacity void in the domestic market has been filled, a vacuum still remains in international connectivity, especially on the India-Europe and onwards route, which was well connected by Jet Airways via the Boeing 777, Airbus A330 aircraft and its hubs in Paris and Amsterdam.
More metallic debris was washed ashore on the Indian Ocean island of Reunion on Sunday as investigators probe the missing flight MH370.
Flights from Mumbai and Kerala will also have to transit through these routes due to restrictions
The move is expected to give a major relief to Air India, which suffered a huge financial loss of around Rs 491 crore.
"We can confirm that there are no fatalities among our passengers and crew. All passengers and crew are accounted for and safe," the airlines said in statement.
The civil aviation authority confirmed that there are no survivors.
Pakistan airline authorities fear that the terrorist attacks on Karachi airport terminal building could negatively impact the flow of international air traffic at the Jinnah international airport in Karachi.
The Pakistan Supreme Court on Thursday ordered action against former prime minister Raja Parvez Ashraf and several others in the multi-billion rupee development funds case.
The aviation sector requires proper implementation of policies, coupled with reasonable taxes and improved basic infrastructure.
"Are they ready to review their decisions? If they do, we can also review our decisions. Review will be on both sides," Qureshi said.
One woman passenger was killed and two fight stewards injured when unidentified gunmen opened fire at a Pakistan International Airlines flight while landing at the Peshawar airport late Tuesday night.
Flight PK-303 from Lahore was about to land in Karachi when it crashed at the Jinnah Garden area near Model Colony in Malir, just a minute before its landing, officials said.
SpiceJet has been most affected by the grounding of 737 Max 8 aircraft as it has 12 of them in its fleet.
'DGCA cares a damn for human life.'
The PIA plane PK-661 with 48 people, including famous pop singer-turned-Islamic preacher Junaid Jamshed, his wife and Deputy Commissioner Chitral Osama Warraich, on board crashed on Wednesday in Saddha Batolni village near Havelian while en route to Islamabad from Chitral in Khyber-Pakhtunkhwa province.
The condition of over two dozen people who were admitted to the hospital in Kathmandu is said to be serious.
The US has said that it was committed to work with India to help it get back the Category 1 aviation safety rating "as soon as possible", a day after Washington downgraded India's ranking, bringing it below Pakistan and at par with countries like Ghana and Bangladesh.
According to aviation industry sources, around 630 domestic flights of Monday were cancelled due to the Centre's Sunday night announcement that there would be no flights in West Bengal and Andhra Pradesh, and limited operations at major airports such as Mumbai, Chennai and Hyderabad.
Such direct import was formally allowed in February 2012 but the aviation companies lack the infrastructure to do so.
The United Arab Emirates' General Civil Aviation Authority, which is probing the incident, said the work was underway to recover the flight data and cockpit voice recorders, also known as "black boxes", that will be analysed at its facility in Abu Dhabi.
'If a drone can't fly airspace without the DGCA knowing about it, how did such a big plane get airborne?' 'The DGCA knows this aircraft had undergone major repairs. Now, the question is who allowed it.' 'The DGCA cannot come out of this.'
In India currently, Air India, Jet Airways and its subsidiary JetLite are members of the IOSA and conform to the safety standards set by this audit on a regular basis.
According to official details unveiled by Downing Street on Friday, Trump will arrive for the two-day "working visit" next Thursday afternoon straight from a NATO summit in Brussels, Belgium.
Nepalese authorities initiated post-quake renovation works on Wednesday, including inspection of homes to evaluate safety.
While waiting for an independent aviation agency to be legislated, moves to address American aviation authority's audit rap.
Investigators on Sunday began probing the crash of a Russian Airbus plane in Egypt's Sinai Peninsula that killed all the 224 people on board.
AirAsia's India plans may not be hit with the current crisis that the airline is going through
As fitness screening for pilots after the recent Germanwings crash come under scanner, mid-term psychometric tests for pilots of Indian air carriers are being mulled by the government to detect any cockpit crew who are too mentally ill to fly.
The sector requires proper implementation of policies, coupled with reasonable taxes and improved basic infrastructure.
According to reports, a Germanwings Airbus A320 has crashed in French Alps near the Digne region in France.
A total of Rs 30,000 crore was allocated for five years to Air India by the United Progressive Alliance government in its second term.
A gun battle was still continuing inside the old airport near the hangars and workshop as military and other security personnel tried to clear up the runaway and surrounding area from the terrorists.
By 2025, most of India's large cities would require a second airport, and Mumbai may need a third airport by 2030.
The two were convicted on July 6 in the Avenfield properties case linked to the Sharif family's ownership of four luxury flats in London.
Wreckage washed up on a remote Indian Ocean island is "very likely from a Boeing 777", Malaysian Prime Minister Najib Razak said on Thursday as speculation mounted it could be from MH370 that vanished mysteriously over a year ago with 239 people, including five Indians, on board.
An AirAsia flight from Indonesia to Singapore with 162 people aboard reportedly went missing on Sunday morning after losing contact with air traffic controllers.