As many as 128 pilots have left Air India, Indian Airlines and Alliance Airways between 2004 and 2006, the Rajya Sabha was informed on Tuesday.
The International Civil Aviation Organisation has given clearance for building a second airport in Mumbai, Civil Aviation Minister Praful Patel said on Tuesday.
The move will help mop up not more than Rs 10 billion, which is only a fifth of the capital requirement of the industry, led by Jet Airways and Kingfisher Airlines, say experts. The expected investment has been calculated on the basis of a 100 per cent premium on the current valuations of Jet Airways and Kingfisher -- two of the country's largest carriers by market share -- which require over Rs 50 billion.
There would be 'no adverse impact' on Air-India and Indian Airlines if private carriers are allowed to operate to foreign destinations, said the civil aviation minister.
Government said on Wednesday the merger and acquisition policy for the civil aviation sector was not tailor-made to suit any airline but based on the best international practices.
A coordination committee shall monitor the start up clearances to manage and prioritise the movement of flights during fog.
By joining Star Alliance, Air India will gain access to member airlines' common facilities at airports across the world, as well as code sharing and joint marketing opportunities.
The Nagpur-Bangkok flight would depart at 1010 hours IST and arrive in Bangkok at 1455 hours (local time), a spokesman of Indian told PTI on Friday.
Petroleum Minister Murli Deora will meet Civil Aviation Minister Praful Patel and chiefs of airlines and oil companies to discuss a solution for dues of over Rs 2,000 crore that the domestic carriers owe the state-owned oil marketers on fuel sales.
Take a look at the inside pictures of the party.
The government is examining alleged financial irregularities, sources of funding and other aspects of Jet Airways, the Lok Sabha was informed on Friday.
Airport employees on Monday threatened to disrupt air services nationwide if the government proceeded with the privatisation process for modernisation of Delhi and Mumbai airports
Cabinet refers policy on aviation to GoM.
The government on Saturday said it is expected to take a decision on privatisation of Delhi and Mumbai airports at the meeting of the Empowered Group of Ministers on January 24.
Meanwhile, the civil aviation ministry has announced the appointment of a task force, lead arrangers and consultants for the development of 35 non-metro airports in a phased manner at a cost of Rs 5,500 crore.
Some of the Congressmen, though, are opposing such a alliance saying that the party would waste seats if they have pre-poll alliance with the NCP.
From politicians to entrepreneurs and change makers, Akash Ambani's wedding had some illustrious guests.
The Ministry of Civil Aviation is looking at granting permission to domestic airlines wanting to go international on a "case-by-case" basis.
"We have not received any official list of Indian nationals present in the crashed plane," Patel, who was in Surat to inaugurate Surat airport, said.
Notwithstanding US reservations over the Iran-Pakistan-India gas pipeline, the World Bank has described it as a win-win deal and expressed readiness to fund the $7 billion project.
The Reserve Bank of India's decision to allow airlines hedge jet fuel in global markets came in for praise from the industry and the civil aviation ministry, but end-users are unlikely to benefit in the form of lower airfares.
'We believe that the Clintons have emotional ties and relationship with India and it is time to bring a friend who knows about India and who knows about the Indian-American and that is why we support Hillary for President'
Indian airlines on Wednesday filled aviation turbine fuel (ATF) into the tanks of their aircraft at Rs 68,000 a kilolitre. Around the same time, ATF sold at $1,037.8 (Rs 41,500) a kilolitre at the Singapore airport -- full 39 per cent below Indian prices.
The government is looking to sell 10-20 per cent of its holding in national carriers Air-India and Indian Airlines in their initial public offer, Civil Aviation Minister Praful Patel said on Monday.
"Oil prices are not going to come down. The era of cheap food is over and prices are likely to remain high for at least the next 10 years," World Bank South Asia Region Vice-President Praful Patel told PTI. He said the current situation has 'caught the whole world by surprise' and the crisis was due to a combination of factors, he said.
The civil aviation ministry on Saturday said it was holding discussions with the Maharashtra government on launching an intra-state airline to operate services on feeder routes.
Alliance Air, a subsidiary of Indian Airlines, is facing the brunt of pilot exodus with as many as 29 pilots leaving the airlines for greener pastures during the current year.
Magic Air, a start-up airline slated to be launched from November by a Person of Indian Origin, Neera Radia , has already run into turbulent weather, with the government on Thursday saying it cannot permit PIOs to operate an airline.
In a written reply to Rajya Sabha, Civil Aviation Minister Praful Patel has said that the country may need about 5,000 pilots in the next five years. The sector has started relying on expat pilots, whose current strength stands at 944. The civil aviation industry in the country is facing a shortage of type rated pilots. Patel said to bridge the gap between demand and domestic supply of pilots, govt has decided to establish a flying training institute at Gondia, Maharashtra.
The empowered group of ministers will take up tomorrow the modernisation plans of Delhi and Mumbai airports even as the government has cautioned low cost carriers on the present fare structure introduced by some of them.
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