All four occupants survived the crash that took place near Paud, though they may have suffered injuries, an official said.
With aviation regulator Directorate General of Civil Aviation suspending the operating permit of Global Vectra, the Ministry of Home Affairs ambitious plan to hire nearly a dozen helicopters from the private firm to be used for anti-Naxal operations has come a cropper.
Even as growth in traffic on chartered flights has fallen 6 to 8 per cent over the past year, rising fuel prices are forcing private charter operators to raise tariffs a substantial 20 per cent from September 1. India has more than 50 non-scheduled operators, which include helicopter operators like Global Vectra, aircraft operators like Ran Air and Taj Air and companies like Deccan Aviation Ltd that fly both helicopters and aircraft.
Cashing in on the closure of Pune Airport for over 16 hours for repairs, several helicopter companies are offering travellers a ride on the Pune-Mumbai route, which is becoming a hot destination for many chopper services.
In the months to come, the skies above promise to be a captivating theatre of action, where helicopters play starring roles, ferrying leaders, and echoing the pulse of democracy.
As Kashmir valley remains under flood water, Air India has decided to ferry free of cost tourists trapped in Srinagar while Gujarat and Bihar governments are sending 75,000 food and dry food packets for affected people.
Pawan Hans could command a valuation of 8-10 times earnings.
Production at every automotive facility, offices of information technology firms and retail establishments in the state remained shut on Tuesday as a mark of respect to the late chief minister.