Crisis-hit SpiceJet hopedul of a turnaround.
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The nomination of cluster heads for defence, infrastructure and finance business is awaited.
The conglomerate, which has received environmental clearance for the project, plans to invest around Rs 1,500 crore in it.
There are about 400 unused airports and airstrips across the country.
Overseas airlines can operate unlimited number of flights into and out of India.
Mumbai-based private operator Maritime Energy Heli Air Services Pvt Ltd (Mehair), in association with MTDC, on Monday launched maiden seaplane service to Lonavala from here, marking its first operation from the mainland.
IndiGo was the only airline to have reported profits during this period, barring 2011-12 when it made a loss of about Rs 88 crore (Rs 880 million.
Govt to introduce new aviation policy on May 15.
Details were not immediately available ahead of a planned government briefing.
Not needed, it says, with 4,600 staffers to retire over next 3 years, plus transfer of 12,000 to new subsidiaries
Sources privy to the development said Maran was being asked to take care of a part of the liabilities.
India must develop structured multilateralism to its defence buys
Civil Aviation Minister Ajit Singh has said that India is a land of emerging opportunities and the aviation scenario in the country is fast changing and poised for breaking boundaries and scaling new heights.
Enormous debt isn't the only thing afflicting Air India. Its work culture is an equal culprit in its downfall.
AirAsia's rival airlines in India have kept themselves super-busy in the past few months -- by moving court against the former's launch, adding flights on the routes where AirAsia is operating, and engaging in a price war.
'Ex-servicemen engineers and technicians are true professionals worthy of being 'Make in India' agents. They can be trusted to bring long term dividends -- it is in their character to be long term loyalists!' says Air Marshal P V Athawale (Retd).
Indian airlines are running into losses.
Customs and excise duty rates have been amended mainly to promote Make in India.
