News for 'aviation industry'

'In Those 10 Seconds, Something Very Critical Happened'

'In Those 10 Seconds, Something Very Critical Happened'

Rediff.com24 Jun 2025

'In those 10 seconds, they even made a MAYDAY call -- which is only issued in case of a serious, imminent emergency.'

The price of building India: Why cement remains in the 28% GST slab

The price of building India: Why cement remains in the 28% GST slab

Rediff.com7 May 2025

The 31st meeting of the Goods and Services Tax (GST) Council, held in December 2018, deferred a decision to reduce the GST rate for cement from 28 per cent to 18 per cent. This was despite recognising that cement - along with automobile parts - remained among the few mass-consumption items still taxed at the highest slab, which was originally meant for luxury and sin goods.

As aviation opens up, GE bets on India's wide-body aircraft market

As aviation opens up, GE bets on India's wide-body aircraft market

Rediff.com26 Mar 2022

The slot constraint in Indian airports is also going to play a role in pushing airlines to have wide bodies.

Centre expects states to slash taxes on aviation fuel

Centre expects states to slash taxes on aviation fuel

Rediff.com26 Sep 2013

The Centre expects cooperation from the state governments to slash the surcharge and taxation on aviation fuel to control its prices, a senior Civil Aviation Ministry official said in New Delhi on Thursday.

Train for a career in aviation

Train for a career in aviation

Rediff.com31 May 2007

Do you want to pursue a career as a pilot? What educational qualifications do you require, and what are the costs involved? Read on to find out.

FM urged to ease tax on aviation fuel

FM urged to ease tax on aviation fuel

Rediff.com16 Jan 2008

Aviation Minister Praful Patel has requested FM to rationalise taxes on aviation fuel in Budget 2008-09.

Diesel demand falls to lowest since pandemic

Diesel demand falls to lowest since pandemic

Rediff.com14 Apr 2025

Growth in demand for diesel, India's most consumed petroleum product, fell to its lowest since the pandemic in the financial year ended March 31 as the economy expands at a slower pace and consumption shifts to cleaner fuels. Diesel consumption rose 2 per cent to 91.4 million tonnes in 2024-25 (April 2024 to March 2025) fiscal, according to provisional data released by the Petroleum Planning and Analysis Cell (PPAC) of the Oil Ministry.

April domestic air travel growth slows to 13-month low; Air India grows

April domestic air travel growth slows to 13-month low; Air India grows

Rediff.com22 May 2024

The number of domestic air travelers in India grew 2.42 per cent year-on-year (Y-o-Y) in April, reaching 13.2 million, according to data by the Directorate General of Civil Aviation (DGCA) on Tuesday.

Aviation assets: Banks may get RBI succour

Aviation assets: Banks may get RBI succour

Rediff.com19 Nov 2008

With banks apprehending large-scale defaults in the aviation sector, RBI is examining data from all lenders regarding their exposure to it. One of the options under consideration of the regulator is to extend the number of days for the banks to classify an asset as default.

20 lakh jobs in aviation sector soon

20 lakh jobs in aviation sector soon

Rediff.com20 Jan 2006

The civil aviation industry was poised to generate about 20 lakh (2 million) jobs in the next five years, Union Civil Aviation Minister Praful Patel said in Mumbai on Friday.

Global aviation leasing body downgrades India in light of Go First case

Global aviation leasing body downgrades India in light of Go First case

Rediff.com26 Sep 2023

Aviation Working Group (AWG), a global aviation leasing body comprising major planemakers and lessors, on Monday further downgraded India as lessors have not been able to repossess their planes from Go First more than four months after the airline filed for insolvency. The leasing cost stands as a prominent expense for Indian airlines. With AWG's downgrade, it is likely that lessors will increase the aircraft leasing rates for Indian carriers.

Two more insolvency pleas against SpiceJet

Two more insolvency pleas against SpiceJet

Rediff.com18 Nov 2024

Two more insolvency petitions were filed by Sabarmati Aviation and JetAir 17 against budget carrier Spicejet at the National Company Law Tribunal (NCLT) on Monday. The NCLT issued a notice to the airline over the plea by operational creditor Sabarmati Aviation while asking another complainant, JetAir 17, to file additional documents in support of its claims of $27 million.

NRI to set up aviation academy in Pune

NRI to set up aviation academy in Pune

Rediff.com13 Feb 2006

The academy, a joint venture project, would conduct short term courses approved by the Director General of Civil Aviation and Transport Canada to train pilots and ground staff, Hemant H Shah, managing director of Cubex India.

Shuks' Space Flight: 'A Leapfrog Moment For India'

Shuks' Space Flight: 'A Leapfrog Moment For India'

Rediff.com11 Jun 2025

'You can imagine for India what Shuks means not just to the billions of people in India but the entire Indian diaspora around the world.'

Why the aviation sector needs more than just policies

Why the aviation sector needs more than just policies

Rediff.com9 Sep 2013

The sector requires proper implementation of policies, coupled with reasonable taxes and improved basic infrastructure.

'Naidu Will Not Waste Time Now'

'Naidu Will Not Waste Time Now'

Rediff.com3 May 2025

'Amaravati will be a game changer for Andhra Pradesh.'

'I've No Desire To Be Prime Minister'

'I've No Desire To Be Prime Minister'

Rediff.com4 Jul 2025

'I am not an aspiration-oriented politician.' 'This is the time to redefine politics.' 'Politics of power is not real politics.'

China's aviation fleet set to double in five years

China's aviation fleet set to double in five years

Rediff.com29 Oct 2010

The country's civil aviation fleet will have 4,800 to 5,000 planes to transport passengers and cargo in the next five years, up from the current 2,600 planes, he told the official China Daily.

Mid-air drama over Sena leader's son's trip to Bangkok

Mid-air drama over Sena leader's son's trip to Bangkok

Rediff.com13 Feb 2025

The chartered flight, operated by a private firm, carrying Rishiraj Sawant (32) and his two friends returned to Pune airport between 8 pm and 8.30 pm on Monday, abruptly cutting short a trip to the Thailand capital which was not disclosed to the former minister, who is leader of the ruling Shiv Sena, and his family.

India's civil aviation recovers in 2009

India's civil aviation recovers in 2009

Rediff.com25 Feb 2010

On the Rs 20,000-crore (Rs 200-billion) modernisation of Delhi and Mumbai airports, the survey said work is in progress, adding that while the Delhi Airport project is likely to be completed by 2010, work at Mumbai airport will be over by 2012.

Indian airlines may face Rs 77 cr weekly addtional expenses on airspace curbs

Indian airlines may face Rs 77 cr weekly addtional expenses on airspace curbs

Rediff.com30 Apr 2025

Indian airlines are likely to face additional weekly expenses of Rs 77 crore for international flights operated from north Indian cities as the airspace curbs result in increased fuel consumption and longer flight duration. An analysis of the number of overseas flights and back-of-the-envelope calculations based on increased flight time as well as approximate expenses by PTI showed that the additional monthly operational costs could be over Rs 306 crore.

No stone to be left unturned to beef up aviation safety: IATA

No stone to be left unturned to beef up aviation safety: IATA

Rediff.com25 Jul 2014

The week is being termed as a 'black week' for the aviation industry.

Govt plans SPV for aircraft manufacturing in India

Govt plans SPV for aircraft manufacturing in India

Rediff.com4 Sep 2024

The government will set up a special purpose vehicle to push ahead with plans to start manufacturing commercial aircraft in India, Civil Aviation Minister K Rammohan Naidu said on Wednesday as he highlighted the potential of the country's fast-growing aviation sector. The Bhartiya Vayuyan Vidheyak Bill 2024, which was passed by the Lok Sabha in August, includes provisions to regulate the design and manufacturing of aircraft, supporting the Aatmanirbhar Bharat initiative for self-reliance.

IATA asks govts not to single out aviation for taxation

IATA asks govts not to single out aviation for taxation

Rediff.com3 Jun 2013

The conference, being attended by some 700 aviation leaders including chiefs of airlines and aircraft-makers, is discussing issues like aviation safety, environment, distribution and financial sustainability among others.

Why India's aviation sector is in crisis

Why India's aviation sector is in crisis

Rediff.com13 Aug 2009

The aviation industry in India, through Air India, is a gleaming example of what the lack of corporate governance can do to a business, says Pratip Kar.

Since 3 AM, Airline systems across airports working normally: Minister

Since 3 AM, Airline systems across airports working normally: Minister

Rediff.com20 Jul 2024

Airline systems across airports, which were impacted due to a global IT outage on Friday, have started working normally, and all issues are likely to be resolved by noon on Saturday, Civil Aviation Minister K Rammohan Naidu said. The ministry is constantly monitoring the operations at airports and airlines to ensure travel readjustments and refunds are taken care of, he added.

Aviation fuel biz: IOC sees double digit growth

Aviation fuel biz: IOC sees double digit growth

Rediff.com19 Jun 2006

Flying high on the country's aviation industry boom, Indian Oil Corporation expects to continue its double digit growth in the aviation fuel business despite the entry of Oil and Natural Gas Corporation into the segment.

Airline industry expecting positive response: Ajit Singh

Airline industry expecting positive response: Ajit Singh

Rediff.com21 Sep 2012

A day after notifying a policy measure to allow foreign airlines pick up 49 per cent stake in Indian carriers, the government today said the aviation industry was in an upbeat mood as it was expecting a positive response to the move.

Summer pinch: Airfares on key routes rise up to 13%

Summer pinch: Airfares on key routes rise up to 13%

Rediff.com11 Apr 2024

Airfares on major domestic routes such as Kolkata-Bagdogra, Delhi-Bengaluru, and Delhi-Mumbai have witnessed an increase of up to 12.7 per cent year-on-year (Y-o-Y) in May this year, according to data by Thomas Cook (India) and SOTC Travel. The recent increase in aviation turbine fuel prices, rupee depreciation, reduction of flights by key players, and grounding of planes due to engine supply issues have contributed to the rise in airfares, said aviation industry experts. However, the data also shows that summer airfares on key routes such as Delhi-Leh and Delhi-Kolkata have significantly decreased due to the introduction of new flights.

'India has tourism potential but its aviation sector is small'

'India has tourism potential but its aviation sector is small'

Rediff.com3 Jul 2014

The country's fourth budget carrier has also announced the addition of Kochi to its existing network from July 20.

M&M renames new EV brand BE 6e as BE 6

M&M renames new EV brand BE 6e as BE 6

Rediff.com7 Dec 2024

Mahindra & Mahindra on Saturday said it has decided to rename its new electric vehicle brand as 'BE 6' but noted that it will continue to contest strongly in court with InterGlobe Aviation for the trademark 'BE 6e'. InterGlobe Aviation, which owns IndiGo airlines, has taken the automaker to court over the usage of 6E in its new EV brand.

'Boeing crisis won't impact Indian aviation'

'Boeing crisis won't impact Indian aviation'

Rediff.com15 Mar 2019

'Indian aviation is having a lesser number of aircraft.' 'Besides the Boeing 737 MAX, you have the A320Neos which Indigo is currently grappling with because of a lack of pilots.' 'This has led to cancellation (of flights) and therefore the prices of air tickets are on the higher side this season although generally in March ticket prices are on the lower side.'

'India's aviation technology 20 years behind US, West'

'India's aviation technology 20 years behind US, West'

Rediff.com18 Feb 2011

India's aviation industry is 20-30 years behind the United States and other western nations, believes US envoy Timothy Roemer.

What Indian aviation needs to take off

What Indian aviation needs to take off

Rediff.com28 Jan 2010

"This is the best time that Indian aviation is seeing and the next six months will be critical. The airlines should monetise this growth without getting into unnecessary capacity addition," said Nikhil Vora, managing director, IDFC-SSKI, a financial services group.

Aviation in 2009: Of losses and strikes

Aviation in 2009: Of losses and strikes

Rediff.com30 Dec 2009

After its spiral dive last year, the Indian aviation industry noticed slight signs of improvement at the fag end of 2009 that also saw a major helicopter crash in which Andhra Pradesh Chief Minister Y S R Reddy perished and several near-miss incidents.

Who should head India's aviation regulator DGCA?

Who should head India's aviation regulator DGCA?

Rediff.com6 Oct 2021

Ahead of two crucial audits, the Ministry of Civil Aviation (MoCA) has proposed to allow deputy director generals (DGs) and officers of Indian Air Force (IAF) to apply for the post of chief of India's aviation regulator. The current head of the Directorate General of Civil Aviation (DGCA), Arun Kumar, has been promoted as secretary and is expected to move out some time soon. DGCA has four Deputy DGs with experience in different fields of aviation.

The India Story: 90% Work In Progress

The India Story: 90% Work In Progress

Rediff.com2 Jan 2025

From highways connecting once-remote regions to aviation networks carrying millions, India's infrastructure story is one of transformation.

Now, 5% uniform IGST rate on all aircraft, engine parts

Now, 5% uniform IGST rate on all aircraft, engine parts

Rediff.com15 Jul 2024

The government on Monday announced the implementation of a 5 per cent uniform IGST rate on all aircraft and aircraft engine parts to boost the industry. The decision, which comes into force with immediate effect, marks a significant milestone for the domestic Maintenance, Repair, and Overhaul (MRO) industry, aimed at making India a global aviation hub, an official release said. Earlier, IGST rates on all aircraft and engine parts were ranging from 5 per cent to 28 per cent.

Scindia pitches for international aviation hub in India

Scindia pitches for international aviation hub in India

Rediff.com23 Aug 2022

Union Minister Jyotiraditya Scindia on Tuesday said there needs to be anchor airlines at particular airports, more wide body aircraft as well as synergy between domestic and international departures to have an international aviation hub in India. The country's civil aviation sector is on the recovery path after being hit hard by the coronavirus pandemic and is projected to have 400 million air travellers in the coming years. "We are in the growth phase and there are tremendous opportunities on the airlines and airports side," Scindia said.

Trade bodies welcome govt focus on aviation infrastructure

Trade bodies welcome govt focus on aviation infrastructure

Rediff.com27 Jun 2014

In their pre-budget expectations, they also asked the government to assess the option of developing unused airstrips located in various parts of the country to boost air connectivity.