GMR evinces interest in the project.
NACIL will meet all of its proposed investment from the internal and extra budgetary resources, the Budget documents presented in the Parliament today showed. The company had invested Rs 4,136.89 crore in 2008-09. Of the total Plan outlay of Rs 12,164.76 crore for the ministry of civil aviation, the government announced budgetary support of Rs 190 crore for the sector.
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.
Kingfisher Chief Executive Sanjay Aggarwal met officials at the ministry of civil aviation to discuss the revival plan, which was earlier rejected by the regulator.
Even though Civil Aviation Minister Praful Patel will move this proposal only on Thursday in the Cabinet meeting, the government is already going ahead with the proposal regardless of the response from other concerned ministries like finance, environment and forests, and tourism and the planning commission.
Govt moots new regional connectivity policy; plans to offer subsidy on non-viable destinations.
The government indicated on Saturday that an early decision was likely on the proposals of fleet acquisition by Air-India and Indian Airlines as well as of privatisating the four metro airports.
Raghu Menon, special secretary and financial advisor in the civil aviation ministry, has been appointed the chairman and managing director of Air India, ending weeks of speculation over the issue.The Appointments Committee of the Cabinet approved the name of Menon, a 1974 batch IAS officer of the Assam-Nagaland cadre, after a keen race for the top job in the National Aviation Company of India Limited (NACIL), which runs the merged national carrier.
This proposal is a part of the comprehensive aviation policy that the ministry has submitted to the Cabinet and which has now been referred to a Group of Ministers.
The Bureau of Civil Aviation Security was allocated Rs 40 crore (Rs 400 million) for procurement of security and IT items along with radiological detection equipment.
In an email, a SpiceJet spokesperson said: "A few foreign airlines/investors have evinced interest in SpiceJet. It will be very premature to comment on the possibilities of any fresh equity issuance to such interested parties."
Bilateral traffic rights define the number of weekly flights or seats a country's designated airlines are allowed to operate in another country's specified points.
