Tata-SIA have applied to the Civil Aviation Ministry for a no-objection certificate to start a full-service airline in India.
Mumbai International Airport Ltd (MIAL), the private airport operator, had earlier announced that all operations at the CSMIA will remain suspended between 2.30 pm and 7 pm as a precautionary measure in view of the cyclone Nisarga.
However, Federation of Indian Airlines will continue to function and its other members are not pulling the plug yet, industry sources said.
Though the Mumbai and Delhi airports still rule the domestic aviation market, the share of the two in overall traffic is falling. In 2006-07, the two airports collectively handled 40.6 per cent of all domestic passengers; in 2012-13, their share fell to 37 per cent.
However, any progress on the deal depends upon Goyal giving up control of the company.
An unprecedented decision to form a ministerial-level committee was driven by fears of witch-hunt by investigating agencies.
Domestic air traffic logged 14.35 per cent growth in November as compared to the corresponding period last year propelled by the festive season rush.
The future certainly looks good for Bangalore.
Vistara and AirAsia India have been lobbying for the relaxation of this rule.
Aviation consultancy CAPA on Thursday said allowing domestic airlines to take advance bookings from April 15 is "unfair" to consumers since a decision on lifting the nationwide lockdown is yet to be taken. During the lockdown period only special flights approved by aviation regulator Directorate General of Civil Aviation, medical evacuation flights and those carrying cargo, including medical equipment, to and from different parts of the country are operational.
Jet Airways, IndiGo and GoAir achieved operating profits of Rs 122.6 crore (Rs 1.22 billion), Rs 795.8 crore (Rs 7.95 billion) and Rs 85.1 crore (Rs 851 million) respectively during the same period, Minister of State for Civil Aviation K C Venugopal said in reply to a question.
Rakesh Jhunjhunwala-backed new airline Akasa is in talks with US aerospace company Boeing for buying up to 100 737 Max aircraft. Former Jet Airways CEO Vinay Dube and his family members are promoters while ex-IndiGo president Aditya Ghosh is a board member of the airline. The airline is in negotiation with Boeing and has reached out to the government to recertify the aircraft which has been grounded since 2018 after two crashes killing 349 persons, according to sources in the know.
The airline had told its pilots on Wednesday that they will not be paid salaries for April and May, adding that those who have been operating cargo flights will get paid for the number of hours flown.
Domestic carriers, including newly-launched AirAsia India and regional airline Costa too have lowered their fares through these offers
This limited-period promotional offer of the Malaysian low-cost carrier AirAsia is valid for booking on only two days from tomorrow.
Domestic air traffic rose 20.81 per cent in June on the back of low fares and peak season demand.
Airlines flew 2.1 mn passengers in July, against 1.9 mn in June.
IndiGo revamps website, Jet ties up with Twitter
This is the largest single dose of equity infusion into the joint venture since its launch in January 2015.
IndiGo retained its No. 1 position amongst domestic airlines growing its market share.
Anjuli Bhargava's musings on why the national carrier is well beyond a turnaround.
The fare war triggered by the entry of AirAsia into the domestic market continues as the budget carrier IndiGo has launched another round of promotional fares, starting at Rs 1,724 (all inclusive) for a limited period.
The national carrier has sought dry-leasing these planes for six years instead of buying them, as part of its Turnaround and Financial Restructuring Plans, airline sources said.
7,000 unemployed pilots in India but airlines continue to bet on expats
Govt's decision to allow in-flight Wi-Fi doesn't take off with budget airlines, full-service carriers enthused
Growing trade and commerce in the region could support passenger demand
Indian airlines currently are required to have a minimum fleet of five aircraft and five years of operational experience for starting international services.
According to sources in the aviation ministry, only State-owned Air India and private carrier AirAsia India have agreed to pay the surcharge.
Many states like Maharashtra, West Bengal and Tamil Nadu were opposed to opening up of their airports in view of rising cases of the coronavirus infection.
The government was also working on a package to promote connectivity and airports in the North Eastern states
Following the entry of Tata-SIA and AirAsia into the Indian aviation market, the domestic aviation industry is seeing increased interest from private entities.
Malaysia's budget airline AirAsia, which is eyeing more routes to India, China and Singapore, has said the country's aviation sector must be open to competition to ensure passenger growth. \n
Several new airlines are likely to fly in the Indian sky in the coming months with the government giving flying licence to four of the six companies, which had sought permits for launching scheduled, private or charter air operations.
IndiGo was set up in 2006 by businessman Rahul Bhatia and Rakesh Gangwal, a former CEO for US Airways Group.
The civil aviation ministry received 20 applications and it granted NOCs to sixteen companies between 2009 till now
The senior Tata Group executive's appointment as NSDC chairman raises the vital question of conflict of interest
Giving an idea of the scale of its ambitions, the four-month-old airline recently placed an order for 50 aircraft even as the sector is struggling.
Key events that rocked India Inc in 2014 and one of them is Vishal Sikka taking over reins at Infosys.
Asserting that it was a small conflict, Gaikwad said the staff member of the airline is mad and around eight such cases of indulging in a brawl have been registered against him.
Rivals say the concessions would benefit AirAsia alone.
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