Minister of State for Civil Aviation Jayant Sinha emphasised that the brand name has both sentimental and economical value.
Civil Aviation Minister Vayalar Ravi said the demands of the striking Air India employees could not be accepted.
The Air India building has 22 floors overlooking the Arabian Sea. Many floors are already leased out to other companies and it represents one of the costliest commercial real estate in both the city and the country. Air India made losses of Rs 5,000 crore (Rs 50 billion) in 2008-09.
"Please crucify me if I am guilty. What have I done wrong?" said Praful Patel, minister of civil aviation, reacting to the criticism he has been facing in the country after the Dubai-Mangalore flight crashed on Saturday.
The Union health ministry on Tuesday said that aid received from other countries has been distributed in different states to help deal with the rising number of COVID-19 cases.
The National Company Law Tribunal (NCLT) on Wednesday admitted Go First's voluntary plea to initiate the insolvency resolution process against the airline. A two-member bench comprising President Justice Ramalingam Sudhakar and L N Gupta also appointed Abhliash Lal as interim resolution professional (IRP) to run the debt-ridden company. It has also put the company under protection of moratorium and directed the suspended board of directors to assist the IRP to run the company during insolvency proceedings.
Indian Airlines is likely to suffer a loss of Rs 98.90 crore (Rs 989 million) in 2002-2003 due to increase in the price of aviation turbine fuel and hike in insurance premium, landing and navigational charges and levy of customs duty.
Airports hold pride of place in the government's National Monetisation Pipeline (NMP) programme to monetise public assets. Private airport operators, including the Adani group, Fairfax, GMR and Zurich Airport, are expected to evince interest in the next round of public private partnership (PPP) development of state-owned Airport Authority of India (AAI) airports. Industry analysts, however, do not expect bids to be as high as the last round, which saw Adani group gain control of six airports.
The government is likely to allow state-owned Airports Authority of India to raise Rs 5,000 crore (Rs 50 billion) through infrastructure bonds to enable it to finance its ongoing programme to modernise and expand a large number of airports across the country.
A suggestion that these issues be tackled in-depth by a committee headed by a retired judge has been made by Civil Aviation Minister Valayar Ravi during his meetings with leaders of 14 unions of the state-run carrier.
Air India delayed the payment of March salary to its employees by a month as it had to meet year-end expenses for various purposes, Parliament was informed on Thursday.
To cut costs, Air India is pruning the number of its foreign and local offices.
As photographs and video clips were distributed on social media, aviation security watchdog BCAS issued show cause notices to IndiGo and Mumbai airport operator MIAL over the incident, official sources said on Tuesday.
The pre-Budget document on health of the economy stated that telecom, power, coal, ports, civil aviation and roads have shown signs of recovery in 2009-10.
The precaution was made compulsory after a incident.
The first nationwide mock drill was held on January 2 which, the health ministry said, helped to iron out any glitches in the final execution and further refinement of the operational procedures.
The flight AI 1946 landed at the Indira Gandhi International Airport here at around 11.40 pm.
The fare will be cheaper as it will be capped at Rs 2,500 per passenger.
In a circular, the DGCA stated, "Universal screening of all the passengers coming in flights directly from Japan, South Korea, Thailand and Singapore besides the flights from China and Hong Kong shall be ensured immediately once they step out of the specific identified aerobridge."
Civil Aviation Minister Hardeep Singh Puri Monday said the Airports Authority of India (AAI) will continue to receive revenue share after the government sells its stake in the airports in Delhi and Mumbai. "Those who are raising concerns should also know that the Delhi's airport and the Mumbai airport are on a 60 yr lease. "These & the 6 other airports will be back with AAI after the lease period. So, nothing as they claim, is being 'sold out!" he said on Twitter. Congress leader Rahul Gandhi on Monday attacked the government over reports that it plans to sell its residual stake in the already privatised Delhi, Mumbai, Bengaluru and Hyderabad airports, alleging that such privatisation hurts the public and benefits only a handful of cronies.
Union Minister for Civil Aviation Praful Patel on Tuesday got the experience very few Patels have been able to escape in the United States of America.
The Centre will come out with a policy by next year that will prescribe guidelines to state governments, private investors and Airports Authority of India for building airports. This was announced by the Civil Aviation Minister Praful Patel at an Assocham function to discuss the need for building aerotropolis (cities around the airport).
The Central and state governments must take a long-term, pragmatic view and 'plan big' to ensure a future capacity of at least a 100-million passengers at Mumbai's new airport, which is the norm for all major airports in the world, including the one at Delhi, said a report titled 'Second Airport: What Mumbai Must Learn from International Experience,' carried out by the Observer Research Foundation.
Government considers a proposal to give sops to airlines for linking metropolitan cities and small towns, Union minister for civil aviation Praful Patel informed the Rajya Sabha on Tuesday.
India and Bangladesh will hold talks on bilateral trade on July 22 where the issue of trade barriers faced by Bangladeshi exporters is likely to figure.
Civil Aviation Minister Praful Patel and former Minister of State Shashi Tharoor were seen having a long chat in the Lok Sabha on Thursday, after a newspaper reported their alleged link in the Indian Premier League bids for the Kochi team.
In further easing of restrictions, the government on Wednesday permitted Indian airlines to increase the number of domestic passenger flights to 60 per cent of their pre-Covid services, according to an official order.
Relaxing FDI norms will provide a major impetus to employment and job creation.
He said the ministry was considering bidding out the airstrips in blocks for development as it might not be feasible to do it individually.
These airports are those at Amritsar, Varanasi, Bhubaneswar, Indore, Raipur and Trichy.
Yet another controversy dogged this year's edition of Amarnath pilgrimage with the state government and the shrine board locking horns over the issue of helicopter services for the affluent pilgrims.
Asked about the Congress's opposition to the GST Bill, Santosh Kumar Gangwar said no party opposes GST outside Parliament.
The Nationalist Congress Party said on Thursday it will fight the upcoming Lok Sabha elections in Gujarat with the Congress and talks on seat sharing has already started and it is expected to be finalised in next couple of days.
Indebted Air India, which last made an annual profit in 2007, has seen its market share shrink in recent years.
It is also felt that under the current market conditions, the building is unlikely to garner the kind of funds expected from a prime real estate at Nariman Point
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.
Government plans a new look for the Indira Gandhi International Airport before the Commonwealth Games in 2010, the Rajya Sabha was informed on Tuesday.
