Attending a function where former Bharatiya Janata Party president Nitin Gadkari rolled out business plan of his Purti Group, NCP president and Union Agriculture Minister Sharad Pawar said "there are no untouchables in politics".
Overseas airlines can operate unlimited number of flights into and out of India.
In the early hours of Tuesday, 12 Indian Air Force Mirage-2000 fighter jets entered Pakistani airspace and dropped 1,000-kg laser-guided bombs on Jaish-e-Mohammed terror launch pads across the Line of Control.
The airfare hike will come into effect from October 14.
Emirates and Etihad Airways have over the past year continued to lobby India to allow them more flight slots, which won't be possible until the 2007 pact is revised.
But the Abu Dhabi-based airline would first bolster its own network with traffic from India before Jet's turnaround.
They will grow at 5.8 per cent a year.
Following on the footsteps of Indian Airlines, two leading private carriers Jet Airways and Air Sahara on Monday announced increase in fares in all sectors by 12 per cent from April 15.
Jet Airways on Thursday said it would introduce more flights on both its domestic and international networks.
Its revenue during the period grew by 65 per cent to touch Rs 9,458 crore (Rs 94.58 billion), as against Rs 5,718 crore (Rs 57.18 billion) during FY12.
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.
One thing is certain: The part-Goan, part-Malayali group CEO of Air Asia is not your usual boardroom CEO, and he cultivates the maverick businessman image, buying race car teams and football clubs and taking off-beat bets with his mentor and now buddy Richard Branson of Virgin.
Jet Airways (India) Ltd hopes to minimise the impact of a sharp rupee depreciation by growing its international network over the next few months.
Indian budget airline SpiceJet has agreed to buy around 40 Boeing 737 passenger jets worth over $4 billion at list prices as it seeks to modernize its fleet and climb out of the red, industry sources said on Tuesday.
Ministry sources say investors are looking at pumping in around Rs 1,100 crore
VRL investors have punished the stock for his move, but Sankeshwar is defiant.
India needs a host of low-cost carriers, like in other countries, to enable more people to fly, global consulting firm A T Kearney said on Friday.
Indian Airlines on Wednesday announced a 10 per cent hike in air travel on all domestic sectors with effect from June 21 citing the continuous increase in prices of aviation turbine fuel.
Currently most of its 119 planes have been taken back by the lessors and many have been leased to other airlines like SpiceJet. The second challenge is that it has to repay banks.
Passengers travelling by the nation's airliners could now have to pay increased fares as the country's oil majors have decided to hike aviation turbine fuel (ATF) prices by 8 per cent to a maximum of Rs 2,525.43 per kilolitre.
Iraq war to hurt Indian airline industry.With war clouds looming large over Iraq, the Indian airline industry is bracing itself against an increase in insurance premium and an additional burden of an estimated 25 per cent hike in ATF.
The airline will be inducting large number of A321s this year which will be largely used on international routes and high density domestic routes.
Naresh Goyal only gave an undertaking not to sell any of his 51% stake in return for raising working capital debt from PNB.
During this 24-hour "lock-in period", passengers would be able to make correction in name or amend the travel date free of cost
Various airlines, including the defunct Kingfisher, owed Rs 3,030 crore (Rs 30.30 billion) to the Airports Authority of India (AAI) at the end of December last year.
Reliance Industries will export about 8-9 million tonnes of petroleum products or 33 per cent of Jamnagar refinery production this fiscal.
Mirroring the state of Indian economy, petroleum product consumption rose 1.8 per cent to 82.48 million tonnes in the first 11 months of the current fiscal as opposed to 81.05 million tonnes sales in the same period last year.
IA may be hurt badly in case of a US attack on Iraq, which would lead to a massive increase in insurance premium and an additional burden of an estimated 25% hike in ATF prices.
The response to the sale has been overwhelming.
To make space for the extra row, Vistara has opted for the smartLav concept offered by Airbus
If someone incompetent clears the system, it is probably intentional.
The public has benefited from this decline in crude oil, which has translated into lower prices of petrol and diesel.
The proposed new airport will have five runways which will be simultaneously operational, all A380-compatible with a length of 4.5 km each
US-based firm is making a supersonic aircraft that is more efficient and practical than Concorde.
Despite having started at least a decade later than Jet Airways, IndiGo accounts for the lion's share in the domestic market
High taxes on the jet fuel, which goes up as high as 40 per cent in some states, coupled with higher airport charges in the form of user development and airport development fee, which have cascading effect on the air fares, have had a negative impact on the domestic passenger demand in India.
The company's operating losses for 2014-15 likely to climb a bit.
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