Jalan Kalrock Consortium, the winning bidder for the grounded Jet Airways, will make a total cash infusion of Rs 1,375 crore in the airline and lenders will take a steep haircut on their admitted claims of over Rs 7,800 crore under the approved resolution plan. The National Company Law Tribunal (NCLT) on June 22, approved the consortium's resolution plan for Jet Airways, which has been undergoing insolvency resolution process since June 2019. The carrier shuttered operations in April 2019.
Crisis-hit SpiceJet may get the first round of its much-needed fund infusion in the next two days, while more may come in a month's time as part of an estimated $200 million investment plan, sources said on Thursday.
The aggrieved lady had "rescinded" an initial request for action after the two "appeared" to have sorted out the issue.
None of the 55 passengers or five crew members was injured, they said, adding the DGCA has started an investigation.
Currently, Saudi Arabian Airlines is the main provider of domestic flights in the Kingdom alongside the low-cost carrier Nasair.
The employees associated with various unions of AAI have formed a joint forum and started the three-day-long strike in front of the Civil Aviation Ministry at Rajiv Gandhi Bhawan here and at AAI offices across the country.
Modernisation and expansion of the Kolkata and Chennai airports are being carried.
At least seven people, including three Afghan nationals who clung to a US Air Force plane to escape Taliban rule, died on Monday in a melee at the Kabul airport, as hundreds of people scrambled to board flights in a desperate bid to get out of Afghanistan, following the toppling of the government led by President Ashraf Ghani.
A Delhi-bound SpiceJet plane hit a stray buffalo on the runway while rolling for take-off from Surat airport late Thursday night, providing anxious moments to the 146 people on board.
An unprecedented decision to form a ministerial-level committee was driven by fears of witch-hunt by investigating agencies.
The new ruling by the Australian Communications and Media Authority will bring Australia into line with other countries that have allowed fliers to text, check email and use data during flights.
Civilian Aviation Minister Praful Patel did not ask for an apology when he met United States Homeland Security Secretary Janet Napolitano in Montreal for being questioned by immigration authorities at the Chicago airport. "He (Patel) didn't ask for an apology, but we did talk about what is needed in both countries to make sure that air travel remains safe," Napolitano said.
The issue of fog and low visibility primarily impacts airports in northern India and Bengaluru.
The average age should be around 35 years, the sources said, adding those older should be shifted to ground operations.
"All efforts are being made to help passengers. A formal enquiry will be conducted by Aircraft Accident Investigation Bureau," the minister said on Twitter.
Aviation regulator DGCA on Tuesday said it has imposed a fine of Rs 10 lakh on Air India for denying boarding to passengers holding valid tickets and thereafter not providing the mandatory compensation to them.
The accident occurred at 7:45 pm while the pilot was attempting to land the B737 Air India Express from Dubai at the tabletop runway of the Karipur International Airport.
Improving the infrastructure, including night landing facility at the airports is undertaken by the Airports Authority of India depending upon factors like commercial viability, traffic demand, operational requirements, demand from airlines and technical feasibility
More metallic debris was washed ashore on the Indian Ocean island of Reunion on Sunday as investigators probe the missing flight MH370.
India's domestic aviation market has clocked a growth rate of 22 per cent in the last one year.
The aircraft involved in the incident were operating on Coimbatore-Hyderabad and Bengaluru-Cochin routes.
Six senior Airports Authority of India officials have been suspended after a preliminary CBI probe found them allegedly favouring a private firm while awarding ground handling service contracts at some airports.
The Union Cabinet on Tuesday gave its approval for private participation in the construction of international airport in Bangalore.
President Pranab Mukherjee hails it as an achievement of efficient public sector
The airline management has now sought a meeting with civil aviation minister Ashok Gajapathi Raju to present the airline's plan.
Kingfisher Airlines, which is reeling under more than Rs 7,000 crore (Rs 70 billion) of debt, owes dues of about Rs 280 crore (Rs 2.8 billion) to the Airports Authority of India.
Flying out of Delhi would become cheaper from Tuesday, with the development fee (DF) charged by the operator of IGI airport here being reduced by Rs 100for domestic and Rs 700 per international passenger.
The government considering creation of a an Airport Economic Regulatory Authority to ensure a level playing field for all airport developers in the country, according to Ministry of civil aviation joint secretary K N Srivastav.
The creation of joint ventures by Delhi International Airport Ltd (DIAL) has not impacted its revenue share, says the Airports Authority of India (AAI).
India is on the verge of entering 'big league' in the world aviation scene with the launch of satellite-based navigation system, GAGAN, next year, Civil Aviation Minister Praful Patel said on Tuesday.
The directives will apply to both passenger and cargo planes, the Directorate General of Civil Aviation said in a statement on Wednesday.
Pusapati was given detailed presentations on various aspects of the sector by senior officials of the Ministry.
The government on Wednesday issued new guidelines for international arrivals amid the spread of mutant variants of coronavirus in many countries.
Civil Aviation Minister Suresh Prabhu said appropriate action would be taken in case anything is 'found wanting'.
India requested Pakistan to let Modi's aircraft fly over its airspace to Bishkek in Kyrgyzstan.
The Centre has agreed in principle to grant 'mini-ratna' status to Airports Authority of India (AAI) to enable it to take up projects worth up to Rs 500 crore (Rs 5 billion) without taking government approval. Such a decision would also enable AAI to form joint ventures with private companies to modernise airports and aviation infrastructure across the country, sources in the civil aviation ministry said.
A 61-year-old cardiac patient Virender Rai, who was being flown to Delhi, has been rushed to the Medanta hospital in Gurgaon immediately after the incident.
The grading system would apply to all airports, including under private developers and the Airports Authority of India, Civil Aviation Secretary Ashok Chawla said at a seminar on Wednesday.
Helicopter operations were shifted to Juhu in January after Mumbai airport authorities banned chopper movements.
