'Indian aviation sector needs much more investment and new entrants.'
Several new airlines are likely to fly in the Indian sky in the coming months with the government giving flying licence to four of the six companies, which had sought permits for launching scheduled, private or charter air operations.
According to sources in the aviation ministry, only State-owned Air India and private carrier AirAsia India have agreed to pay the surcharge.
India's new low-cost airline plans to go to Northeast.
AirAsia is facing a legal challenge from Bharatiya Janata Party MP Subramanian Swamy, whose petition comes up for hearing at the Delhi HIgh Court on Wednesday.
Among executives who have been approached are former president and CEO of IndiGo Aditya Ghosh, Wolfgang Prock Schauer, current president and Chief Operating Officer at IndiGo and Sanjay Kumar, Chief Strategy and Revenue Officer of IndiGo.
Company chief Tony Fernandes said the name of Chairman for AirAsia India board would also be disclosed soon
To attract bidders, the government had decided to hive of around Rs 35,000 crore of the company's debt into a separate subsidiary, leaving around Rs 23,286 crore to be absorbed by the new bidder.
FIA has filed two separate petitions challenging the approvals granted to Tata-Airasia and Tata-SIA Airlines deals respectively.
Hopeful of launching flights in India in next 2-3 months, Air Asia chief Tony Fernandes says that the airline would introduce 'dramatically' low fares in the country, which would be cheapest in the market and take air travel to masses.
The senior Tata Group executive's appointment as NSDC chairman raises the vital question of conflict of interest
In March 2020, soon after the cessation of airline operations globally and domestic flights within India, many in the aviation sector had written Delhi-headquartered low-fare airline SpiceJet's obituary well before that of most of its rivals. Unlike IndiGo, GoAir (now rechristened Go First), Vistara and even AirAsia India, SpiceJet did not have founders or backers with deep pockets. Although it is the only other listed carrier in India besides IndiGo, it was considered the weakest and the least likely to survive the pandemic. But chairman and managing director Ajay Singh surprised everyone by not only surviving but taking the lead on many fronts. Within a few weeks of the scheduled flight stoppage, SpiceJet was doing as many charter flights as it could get hold of.
It will focus on the under-utilised airports instead of offering services in main hubs such as Mumbai and Delhi.
Ghosh said the Tata Trusts Cancer Care Initiative is one of the largest health care programmes in the world
Mittu Chandilya has promised himself and AirAsia chief Tony Fernandes that through the next four-five years, India operations would be the largest among those of AirAsia subsidiaries.
Indicating its intentions to fly abroad very soon, proposed airline AirAsia India on Wednesday trashed the "bizarre" policy of allowing carriers to operate international flights only after five years of domestic operations.
The move comes days after SpiceJet raises its ticket cancellation charges.
AirAsia, the largest low-cost airline in Asia, announced the JV with Tatas late February. Last month FIPB had approved the proposal.
Or else customers will face capacity shortages and high fares.
Else customers will face capacity shortages and high fares.
The airline would hire 100 cabin crew for the aircraft.
In a move which could affect the Jet-Etihad deal or start-up carriers like Tata-SIA or AirAsia India, DGCA has made it clear that foreign airlines or investors would not have the right to control the management of an Indian carrier.
Tata-SIA have applied to the Civil Aviation Ministry for a no-objection certificate to start a full-service airline in India.
For Jet's revival, Mr Jalan should be on the scene long enough for everyone to get to know him, appreciate his skills, and not vanish into thin air within a matter of months or even weeks, observes Anjuli Bhargava.
Asserting that it was a small conflict, Gaikwad said the staff member of the airline is mad and around eight such cases of indulging in a brawl have been registered against him.
The initial speculation over who is likely to down shutters seems to have given way to a resigned acceptance that all the players are determined to stay in the game.
Jet is the largest player in the Mumbai airport, with over 110 domestic slots and 30 international slots from the city.
Air India offers huge discount on tickets.
It and Vistara both book slots here; former also likely to launch Mumbai flights from early 2015.
The civil aviation ministry received 20 applications and it granted NOCs to sixteen companies between 2009 till now
It is clear that foreign airlines have realised the growth possibilities of the Indian aviation sector and are keenly interested, the minister said.
The latest updates from the Tamil film industry.
Domestic air traffic rose 20.81 per cent in June on the back of low fares and peak season demand.
The company, which will be first direct flight between Chandigarh and Bengaluru, will offer ticket at a minimum rate of Rs 1,900 inclusive of all taxes.
Only a 5-year-old airline with 20 planes is allowed to fly abroad.
AirAsia India CEO Mittu Chandilya, who was here on the Bengaluru-Jaipur launch flight, said both the cities have great potential to expand and hence the airline has set aggressive targets and beginning of flights to the two new routes was a part of the business strategy.
Government to ask airlines to educate flyers. 'It will be an exhaustive charter which will tell the passenger about all their rights, like whether they are eligible for a refund when there is a delay in flight, what to do in case of a flight delay and other in-flight etiquette.'
While media reports suggested that Tata-Singapore Airlines is looking at an all-stock merger of Jet, Tatas, in a statement said, discussions to take over Jet Airways have been preliminary and no proposal has been made
Fares would vary according to sector.
The Indian government allowed foreign airlines to buy up to 49 per cent stakes in Indian carriers in September 2012.