Air Deccan, which was renamed Simplifly Deccan after the merger with Kingfisher last year, is now called Kingfisher Red. According to the data released by the civil aviation ministry on Thursday, IndiGo's market share is 10.3 per cent, while that of Air Deccan trailed behind at 10.2 per cent.
The airport had asked for a UDF of at least Rs 600 from domestic passengers travelling out of Andhra Pradesh. For passengers travelling within the state, it had demanded a user fee of Rs 350. UDF is the fee levied at the airport on departing passengers to enable the airport developer bridge the gap between expenditure and admissible revenue as stipulated by the ministry guidelines.
Indebted Air India, which last made an annual profit in 2007, has seen its market share shrink in recent years.
In the season of aviation action, Rakesh Jhunjhunwala-backed Akasa Air has secured the crucial no-objection certificate (NoC) from the civil aviation ministry. It expects to start operations next summer. The airline will now have to apply for the Directorate General of Civil Aviation for operations permit. Aviation sector has been in the limelight with the Tata Group winning the Air India bid last week.
It neither mentions timelines for refund or compensation, nor talks about penal provisions for airlines.
The Civil Aviation Ministry has moved a proposal to infuse Rs 2,000 crore of equity by December as the first phase of financial restructuring to bail out ailing Air India with some riders. Currently, A-I has an equity capital of only Rs 145 crore and debt of over Rs 16,000 crore. The plan is to stagger the infusion of Rs 5,000 crore of fresh equity in the next few years. The riders include a more aggressive plan for cost cutting.
The Union home ministry on Thursday announced that with this, the restrictions placed on visa and international travel since March 2020 due to the coronavirus pandemic stand further eased given the present overall pandemic situation.
A proposal to set up an international airport at Agra is being examined by the Centre, Uttar Pradesh Tourism Minister Kokab Hameed said in Lucknow on Thursday.
In the midst of the Left parties raising questions over moves to privatise airports, the Civil Aviation Ministry said the move was meant to enhance the public-private partnership in modernising the airports and not to 'selloff' the assets.
Go First chief executive officer Kaushik Khona and tribunal-appointed interim resolution professional Abhilash Lal on Thursday reached out to the airline's staff, seeking their support for revival. While Khona said the company had taken all steps for the airline's revival, Lal put forward the view it would have to raise funds. Employee engagement took place a day after the National Company Law Tribunal (NCLT) admitted the airline's insolvency plea on Wednesday and ordered a moratorium on recoveries.
Centre is likely to make a decision on allowing foreing airlines to operate out of Kozhikode soon.
Karnataka Chief Minister H D Kumaraswamy on Monday sought to allay doubts about the speedy execution of work on the Bangalore International Airport Project.
Airports levy charges such as FTC, infrastructure charge, and into-plane charges on sale of jet fuel. The levy is passed through to airlines, pushing up costs.
Akasa Air's plane occupancy, or load factor, improved the most among all major carriers in April compared to the last month. Load factor signifies the percentage of seats that the airline has been able to fill in its planes. The Vinay Dube-led carrier, which started commercial flights in August last year, saw its load factor jump by more than 11 per cent in April, according to the Ministry of Civil Aviation's data
The Indian Air Force has around 60 air bases, of which 18 are open for civilian flights.
Over 80 domestic flights of all major airlines to and from Mumbai were cancelled on Monday.
Private airlines will explain before the Delhi High Court the reasons for imposing a Rs 150 per head surcharge to meet additional jet fuel expenses while aircraft hovers over major airports due to air traffic congestion.
National carrier Air India is preparing a blueprint to save over Rs 1000 crore (Rs 10 billion) from August this year by cutting down its total capacity by around 10-12 per cent.
SpiceJet announced it has started a five-day "1+1 offer sale" where it was offering one-way base fares starting as low as Rs 899, excluding taxes, on its domestic network.
The plane landed after experiencing some engine trouble, sources said, adding the aircraft was badly damaged.
New airline Akasa Air on Monday said it is on track to receive its first Boeing 737 Max plane by mid-June and launch commercial operations by July. The airline on Monday released the photographs of its first Max plane from the Boeing production facility in the USA's Portland as it gets ready for delivery. "The airline recently reaffirmed its commitment of being on track to receive its first aircraft in India by mid-June and launch commercial operations in India by July 2022," its statement mentioned.
Fliers may have to shell out more with the government mulling to impose a two per cent cess on air tickets
The ambitious cargo hub project proposed to be set up near Nagpur has run into rough weather.
The plane, also carrying the AIDS symbol, on Friday landed in New Delhi with a group of AIDS-affected children on the eve of World AIDS Day.
Budgetary support of Rs 10,00,000 each was provided to Hotel Corporation India, Aero Club of India and Indira Gandhi Rastriya Uran Akademi.
Airport upgrade bids to be finalised on Dec 5
With Air India's Gulf monopoly under threat and likely to end very soon if the civil aviation ministry has its way, the state-owned airline is now pitching aggressively for direct flights to the US and Australia to make up for the loss.
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