While a demand for allocation of Rs. 2,000 crore has already been made, sources said provision for Rs. 1,200 crore worth of equity could be made in the Budget.
Indian officials on Sunday said that an Indian plane was not involved in a crash in Afghanistan amid reports that an aircraft from India met with an accident there on Saturday night.
He is the first high-profile person who has deposed before the ED in this case.
Tata-SIA have applied to the Civil Aviation Ministry for a no-objection certificate to start a full-service airline in India.
The civil aviation ministry on Friday asked airlines to ensure that there is no abnormal surge in airfares for flights to and from the national capital amid suspension of operations at Delhi airport's Terminal 1 following the roof collapse incident.
In the absence of the aviation policy, all decisions in aviation sector are left to the whims and fantasy of the ministry.
The department of personnel and training has asked the Union Public Service Commission to recruit such specialists through "lateral entry" mode in 12 government departments/ministries, he said.
India's aviation safety ratings have been downgraded by the Federal Aviation Administration (FAA) from the top to the second category, which would affect expansion of flights by Indian carriers to the United States.
The government said it will appoint an independent regulator for the aviation sector by October this year. After clearance from the Parliament, it would take about three months to set up the regulator. The regulator would look into aspects like aeronautical charges, user development fee, passenger fee and others. Govt is also considering a Greenfield Airport Policy. It will also soon come out with a Vision Document 2020 that will contain plans for airport infrastructure, etc.
The NCP leader said that he will be happy to cooperate with the ED so that the agency understands the "complexities" of the aviation sector.
But says the airline will have to meet targets to get fund.
The fledgling Akasa Air has told the Delhi high court it is in a "state of crisis" following the "sudden and abrupt" resignation of over 40 pilots who left the airline without serving the mandatory notice period. The airline and its CEO Vinay Dube approached the high court with their petition on September 14, seeking a direction to the Directorate General of Civil Aviation (DGCA) to take coercive action against these pilots for their "irresponsible actions". The high court has fixed the plea for hearing on Friday.
Shubham Upadhyay, a resident of Uttam Nagar in the national capital, was arrested for posting two bomb threat messages to draw attention after seeing similar news reports on TV, the police said.
The proposal is awaiting final policy sanction from the home ministry.
In 2015, India's domestic aviation market clocked 81 million flights.
The Indian aviation sector is on the cusp of a change as airlines look to induct a record number of aircraft. This, analysts said, will put the sector on a growth runway, though keeping it viable for only long-term investors. According to Vinit Bolinjkar, head of research at Ventura Securities, expectations of strong air traffic, coupled with low penetration, is the prime reason for a solid long-term outlook.
A draft bill to set up a powerful Civil Aviation Authority for better regulation of the aviation sector is in an advanced stage of getting the official nod, official sources said on Thursday.
A panel led by the secretaries of the DEA and the DIPP would conduct a quarterly review on the pending proposals.
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The ministry would access data on all the tickets sold by different carriers under various price brackets and then analyse the data to give an indication of exactly how many tickets were sold under each price slab.
Starting July 1, passengers will be charged an aviation security fee of Rs 150, as opposed to the current Rs 130 for domestic flights, and $4.85 as compared to the current $3.25 for international flights.
Around 1,000 passenger complaints have been received against Air India during the last three months related to various issues, including refund of fares, overbooking of flights, and staff behaviour, Minister of State for Civil Aviation V K Singh said on Monday. The Tata Group on January 27 took control of Air India after winning the bid for the airline on October 8 last year. "Ministry of Civil Aviation has been receiving grievances related to air transport, including Air India, on the various issues such as refund of fares, flight issues, staff behaviour, baggage issues, overbooking of flights, etc," Singh said in his written reply to a question in Rajya Sabha.
Scheduled international flights have been suspended in India since March 23 last year due to the COVID-19 pandemic.
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.
Indian airports have been at a disadvantage because of high taxes, cumbersome visa and foreign exchange norms, losing out to peers in the Gulf.
Over four months ago the Foreign Investment Promotion Board cleared a proposal for the setting up of a new airline, AirAsia India, by Malaysian carrier AirAsia which has joined hands with the Tata Group and Arun Bhatia of Telestra TradePlace in a 49:30:21 joint venture partnership.
Speaking at an interactive session on the sidelines of Wings India 2022, Dube on Friday said the airline hopes to have a fleet of 72 aircraft in the next five years. "We hope to launch our first commercial flight in the month of June.
Civil Aviation Ministry will shortly take the view of the Union Cabinet on divestment of Air India and Indian Airlines before it proceeds with the proposal for fleet acquisition of the two carriers.
While there are some new faces in the cabinet, leaders such as BJP president JP Nadda and Jual Oram have returned as ministers.
The Centre expects cooperation from the state governments to slash the surcharge and taxation on aviation fuel to control its prices, a senior Civil Aviation Ministry official said in New Delhi on Thursday.
Discontent has been brewing among a section of the cabin crew at the low-cost carrier for some time now, especially after the start of the process of merger of AIX Connect, formerly AirAsia India, with itself.
New Civil Aviation Minister Vayalar Ravi on Thursday sought the support of all employees of ailing Air India in restoring its lost glory and said the staff and the management should work in coordination to achieve this.
An independent probe from the Commissioner of Railway Safety (CRS) is unlikely in the Jalgaon train tragedy due to the negligence of passengers, according to railway sources. The tragedy occurred when 12 passengers were killed after stepping down from their train due to a fire rumor and were struck by another train. Experts say the CRS probe is unlikely because the passengers' actions were deemed negligent. While the CRS is typically involved in serious railway accidents, the 1998 rules allow for discretion when deaths or injuries result from passenger negligence. Passengers had ample time to move to safer locations but remained on the side tracks, ultimately leading to the tragic incident.
Issues raised by the industry, like rationalisation of the eight per cent central excise on jet fuel, still remain to be addressed. As a result of the government abolishing five per cent customs duty on aviation turbine fuel from Tuesday, state-run oil firms have cut jet fuel prices by Rs 2,100 per kilo litre, on top of the 17 per cent price reduction announced late last week.
The panel will be asked to give report by March-April next year.
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