The manufacturing sector now contributes about 16-17 per cent to the GDP
The market, however, reacted negatively to SpiceJet's announcement and the company's stock dropped by 0.87 per cent as analysts became wary of diversion into a new business during a high fuel price environment.
Indian airlines currently are required to have a minimum fleet of five aircraft and five years of operational experience for starting international services.
Airline now financially more stable but still in the doldrums as the operating environment remains tough.
A comparison shows that for Delhi to Mumbai air travel, the lowest airfare price is in the range of Rs 2,755, while the surged price for second-AC comes at Rs 4,104, a 42 per cent increase from the current train fares
The government is keeping its options open.
The 'Swachhta Abhiyan' or cleanliness drive is not just about sanitation but also about mental purity, he said, asking people to share good things around them on social media.
Air Deccan, India's first low-cost airline that made flying affordable for the middle class, is relaunching its operations from December 23.
Prime Minister Narendra Modi announced the launch of the new flight at the SAP center cheering up thousands of Indians.
The next FIPB meeting slated for July 5, however, does not have a Jet proposal on its agenda.
Last year, Jet Airways and Air France-KLM signed an enhanced cooperation agreement' for the development of their operations between Europe and India
The city will be the 10th destination for Vistara.
What might be useful is targeted assistance to those sectors and individuals that are disproportionately affected, suggests Mihir S Sharma.
'Tens of millions will be working from home for months at a time, which means the smartest brains in business will be focussed on creating more efficient WFH processes,' predicts Devangshu Datta.
Members of Parliament (MPs) across the political spectrum have written to the Prime Minister's Office (PMO) and the Central Vigilance Commission (CVC), seeking a probe into a stake sale deal between Jet Airways (India) Ltd and Gulf-based carrier Etihad Airways.
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.
The airline has already decided to lease out an A330 to Etihad and plans to lease out two more this year.
The Jet Airways of old is no more and the industry mourns its demise. Anjuli Bhargava reports.
The United Arab Emirates' General Civil Aviation Authority, which is probing the incident, said the work was underway to recover the flight data and cockpit voice recorders, also known as "black boxes", that will be analysed at its facility in Abu Dhabi.
The 16-hour flight will be the first direct one from India to the US west coast.
"The return fare on economy class to most European capitals from Mumbai are close to 50,000 plus. If an LCC can offer direct connectivity for a basic fare of 25,000 with additional top ups for meals, baggage and blankets, which further takes the fare to, say, 35,000, it is still a value deal."
Qatar Airways might infuse $200 million in debt and equity in SpiceJet.
Pakistan airline authorities fear that the terrorist attacks on Karachi airport terminal building could negatively impact the flow of international air traffic at the Jinnah international airport in Karachi.
AirAsia India appears to have chosen destinations where it would face intense competition from other airlines, which fly directly to all these, barring one.
An overriding ambition to rule the domestic skies prevented Jet Airways from becoming a strong and formidable player in the international market. The Sahara buy added to the complexity of its operations and a dilution of what the airline stood for, says Anjuli Bhargava.
Airlines say ATF fuel prices in India are 40 per cent higher than in countries such as Singapore. Jharkhand, Chhattisgarh and Maharashtra
Ranjita Ganesan visits The Indus Club, which is not just another old boys' club.
'Shouldn't the DGCA ensure both safety and convenience of passengers?' 'And convenience has been a casualty as nobody knows which Jet flight would be grounded next, throwing passengers' plans in disarray,' says Nivedita Mookerji.
'Shouldn't the DGCA ensure both safety and convenience of passengers?' 'And convenience has been a casualty as nobody knows which Jet flight would be grounded next, throwing passengers' plans in disarray,' says Nivedita Mookerji.
Though the Mumbai and Delhi airports still rule the domestic aviation market, the share of the two in overall traffic is falling. In 2006-07, the two airports collectively handled 40.6 per cent of all domestic passengers; in 2012-13, their share fell to 37 per cent.
GMR-led Delhi Airport had accepted the government's request to shift UDAN flights to Hindon Air Force Base, but airlines say poor last mile connectivity will have to be dealt with first before starting operations
'The deepening of China-Nepal relations need not cause heartburn in India,' says Ambassador M K Bhadrakumar.
Air travel penetration in India remains small in global terms, with 0.04 annual trips per capita against 0.3 in China and more than two in the United States.
Tata Sons and Singapore Airlines (SIA), which recently received a no-objection certificate from the ministry of civil aviation to start a full-service airline (Tata-SIA Airlines), are in the process of securing an import licence for 20 Airbus A320 aircraft.
Airline wants to fly to West Asia, Southeast Asia.
For international travel, frequent flyers look at network and Air India's global network is weak.
Singapore Airlines will hold 49 per cent stake in the airline, while the rest will be held by the Tata group.
'If the mandis were not working in Delhi, or the onion market in Nashik got affected, or there were disruptions because of unloading or loading in any sector in south India, we intervened.'
There are both positive and negative impacts of the tax, but the net result for India's infrastructure sector is advantageous, says Vinayak Chatterjee.
While four of the directors would be nominated by Tata Sons, the other two would be representatives of Singapore Airlines.
