India and Sri Lanka consider an open sky policy within the framework of the air traffic agreement of the SAARC nations.
The government will infuse equity into Air India by March, but only if the ailing state-run carrier manages to generate another Rs 2,000 crore (Rs 20 billion) by increasing revenue and cutting costs.
Aviation industry experts expect the ATF prices to fall by 16 per cent in November, compared with the current month. This, they say, translates into bridging of nearly half the gap between the airlines' operational costs and total revenues.
Overlooking opposition from the Left parties and airport employees, the government on Tuesday signed two agreements to set up joint venture companies between Airports Authority of India and the GMR and GVK groups.
Mumbai airport, which has limited capacity for expansion, is being expanded to handle 40 million passengers annually by 2010.
Sulking former Maharashtra deputy chief minister Chhagan Bhujbal on Tuesday attended a party meeting in Mumbai.
The process of awarding contracts to restructure and modernise airports in Mumbai and Delhi would be completed before January 31, Union Civil Aviation Minister Praful Patel has said.
After the merger between the two national carriers -- Indian (formerly Indian Airlines) and Air India, the merged airline will have its first flight from Mumbai to New York on August 1, said Union Civil Aviation Minister Praful Patel.
The civil aviation ministry has received several complaints on the ongoing bidding process for modernisation of Delhi and Mumbai airports and it has forwarded them to appropriate authorities for examination.
The Union Cabinet is likely to take up the airline industry's concerns over high taxes on jet fuel and airport charges at its next meeting and a Group of Ministers (GoM) may be set up to focus on ATF pricing.
The Airports Authority of India, would be turned into a company by amending laws to enable the body raise funds from market for carrying out modernisation of a large number of major airports across the country, Civil Aviation Minister Praful Patel said on Tuesday.
The committee has been constituted under the chairmanship of the Commissioner of Security (Civil Aviation) to prepare aviation security manual on handling aircraft hijack situation.
Kingfisher Red topped the list of loss-makers with Rs 79,8.34 crore (Rs 7.98 billion).
Replying to questions on losses to Air India, civil aviation minister Praful Patel said the rally in international crude oil prices that touched $147 a barrel in July 2008, hit Indian carriers by Rs 10,000 crore (Rs 100 billion) in jet fuel bill. Air India loses are a result of high jet fuel prices and fall in air traffic following global economic slowdown, he said. "There are (also) systematic issues which need to be corrected."
Govt open to probe into Bangalore airport contracts to L&T, Siemens.
Maha Vikas Aghadi, comprising the Shiv Sena, Nationalist Congress Party and Congress, has called a meeting of its MLAs in Mumbai on June 7.
From politicians to entrepreneurs and change makers, Akash Ambani's wedding had some illustrious guests.
New AIFF boss focuses on grassroots and youth development than hosting big events.
Divestment in major state-run firms is set to perk up the IPO space, with about six PSUs including Air India, BSNL, Oil India and NHPC, gearing up to sell equity sale in the primary market.
Expressing concerns over low returns from over $178 billion forex reserves of India, World Bank has recommended that a part of these funds should be utilised in the high-return infrastructure sector.
A proposal to hike foreign direct investment cap in helicopter and sea-plane operations, MRO facilities, charters, air-cargo and non-scheduled air operations has been moved by the civil aviation ministry for the Cabinet's consideration.
At present, the booming airline industry is facing a shortage of approximately 1,000 qualified pilots, Union Civil Aviation Minister Praful Patel told Rajya Sabha in a written reply on Tuesday. Patel said the government has taken various steps, including increasing the retirement age of pilots to 65 years and setting up of a training institute in Maharashtra, to reduce the demand-supply gap.
Praful Patel, Vice-President of the World Bank, visited Pakistan on a 3 day tour. He said the economic picture of Pakistan is not good and the country should carry out necessary reforms to avert an economic crisis. There has been robust growth over the past few years and there has been a significant reduction in poverty. However, the growth can only continue if Pakistan adjusts itself to the new global reality including high prices of oil, commodities & foodstuffs like wheat.
Government is considering amending Civil Aviation rules to make it mandatory to have Category II instrument landing system at all airports across the country to reduce fog-related problems.
Take a look at the inside pictures of the party.
The government on Tuesday asked all domestic airlines not to impose Rs 150 surcharge being levied for traffic congestion in airports.
They were being investigated by the inspector of accidents, appointed by the DGCA.
Leading private airline Jet Airways has put on its board a director whose security clearance is still awaited, contrary to stipulated norms of Director General of Civil Aviation.
The first fresh-mint aircraft of the state-owned carrier, Indian, which has ordered 43 aircraft from the European manufacturer Airbus Industrie, arrived at the Indiara Gandhi International airport on Thursday morning.\n\n
DGCA Deputy Director P K Chattopadhyay will head the probe. He has been appointed the Inspector of the Inquiry, official sources said.
The Delhi International Airport Limited's (DIAL) ongoing tussle with the Airports Authority of India/Ministry of Civil Aviation (AAI/MoCA) isn't likely to get resolved in a hurry, though things appeared settled when, a few weeks ago, Aviation Minister Praful Patel said at a press conference that the government would go by the Attorney General's (AG) opinion on the dispute.
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.
India began the year on 97 in FIFA rankings, but after two wins, four draws and seven losses, the country ended 2019 at 108
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