'Invest only in stocks of those companies that deliver on earnings and there is earnings visibility too for the next few quarters.'
Aviation security regulator BCAS on Wednesday slapped fines totalling Rs 1.80 crore on IndiGo and Mumbai airport operator MIAL over the incident of passengers having food on the airport's apron. The apron is the area around the aircraft where it has finally parked for deboarding.
The new regulatory body would be called the Civil Aviation Authority and would replace the Directorate General of Civil Aviation.
Jet Airways is in discussions with aircraft manufacturers and lessors to lease 6-8 planes, including some of those which were to be delivered to Russian carriers prior to the Ukraine war, as it gets ready for the relaunch, according to sources. Moreover, the airline is also negotiating with airport operators to secure slots with "good" timings, they said. Once a major player in the Indian aviation space, the carrier has not flown since April 17, 2019 and is being revived under the ownership of the Jalan-Kalrock consortium.
As two more bodies were recovered from the accident site on Tuesday, the total number of confirmed dead has climbed to 71, Nepal Army spokesperson Narayan Siwal said.
Finance Minister Nirmala Sitharaman will present the Union Budget on Tuesday as the Monsoon Session of Parliament gets underway next week with the united opposition set to corner the National Democratic Alliance government on issues ranging from the NEET paper leak case and railway safety.
Disciplinary action was taken against Passi after Spicejet wrote to the DGCA charging him with nepotism.
would also take on board its strategic investment partner Etihad
Airfares have nearly doubled in a matter of days on routes hit by the cancellation of 200 weekly flights linking Mumbai airport to 12 cities. The fares have soared as high as 193 per cent following a recent government order to cancel flights to ease "persistent congestion" that was causing delays. Aside from the reduction in flights on 12 routes, two destinations - Hubli and Jabalpur - have lost connectivity with Mumbai since last week, according to aviation analytics firm Cirium's data reviewed
In a written reply, Singh said the 5G C-band spectrum has the likelihood of interfering with the current radio altimeters installed on the aircraft.
The Civil Aviation Authority of India Bill 2013, which was introduced by Minister of State for Civil Aviation K C Venugopal, would provide the CAA full operational and financial autonomy to regulate all issues concerning civil aviation safety and protect the interests of consumers in a fast-changing aviation scenario.
Commercial pilot licenses will now be valid for ten years, with the government amending rules as part of efforts to further improve ease of doing business in the aviation sector. Till now, the validity of Commercial Pilot License (CPL) was for five years and after completion of that period, it had to be renewed. The civil aviation ministry amended the Aircraft Rules, 1937.
Col Singh was a combat veteran and was awarded Sena Medal during his tenure as second-in-command of the 19 Rashtriya Rifles.
An official financial audit of all Indian carriers has found that safety issues were being neglected by some of them due to serious financial distress and suggested stringent action, including cancelling of flying permits, against two major carriers.
"The DGCA is conducting an investigation into the matter. The Investigation team will examine the relevant facts," said a senior DGCA official.
A US district court in Washington State has issued summons to Air India in a multi-million dollar law suit filed by a former manager and senior instructor pilot of the Boeing Company.
Investigators found that the aircraft, a Boeing 777-300ER, was flying at its cruise altitude of 37,000 ft south of Myanmar and near an area of developing storms in the afternoon when turbulence started to cause fluctuations between +0.44g and +1.57g for 19 seconds.
The safety and security of citizens is primary for the government, he said.
On May 1, SpiceJet's Mumbai-Durgapur flight encountered severe turbulence during its descent phase, injuring 14 passengers and three cabin crew members.
The Directorate General of Civil Aviation has refused to validate the licenses of about 25 foreign pilots operating in India, owing to their failure in English proficiency.
The policy has been finalised after nearly eight months since the Ministry came out with the revised draft in October 2015.
The sources said the aircraft was allotted a remote bay C-33 instead of a Contact Stand, an aircraft parking stand that is suitable for walking passengers to and from an aircraft from an allocated boarding gate. This further added to passenger woes and deprived them the opportunity to avail basic facilities like rest rooms and refreshments at the terminal, they added.
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.
Nepalese rescuers resumed their search on Monday for four persons still missing after a passenger plane with 72 people, including five Indians, crashed into a river gorge while landing at the newly-opened airport in the resort city of Pokhara, killing at least 68 people onboard.
The Directorate General of Civil Aviation (DGCA) on Monday suspended operations at Redbird Flight Training Academy, one of India's largest flight schools, across all five of its training bases in the country. This action was taken after five accidents involving the institute's planes in the past six months. The DGCA announced it would conduct an audit of the academy's maintenance practices and also proficiency checks of the institute's flight instructors before allowing it to resume operations.
A cabin crew member of the flight had filed a complaint with the DGCA about the pilot allowing a female friend into the cockpit.
With low-visibility conditions significantly disrupting flight operations at the Delhi airport, Civil Aviation Minister Jyotiraditya Scindia on Monday said all stakeholders are working round-the-clock to minimise fog-related impact as well as passenger inconvenience, and asserted that unruly passenger behaviour is unacceptable.
A career as a pilot brings you face to face with many challenges. Read on to learn of the responsibilities that come with a job in the aviation industry.
As severe cyclonic storm 'Remal' initiated its landfall process between the coasts of Bangladesh and adjoining West Bengal on Sunday evening, authorities took swift action, evacuating over 1 lakh people from vulnerable areas of the state to safety.
Civil Aviation minister Praful Patel on Wednesday said the modernisation and restructuring of major airports has started with Delhi and Mumbai airports.
The pilot-in-command has been sacked for violating aviation regulator Directorate General of Civil Aviation's safety norms after following due process, SpiceJet said in a statement.
Air India announced up to 50 per cent reduction in monthly allowances of its employees, who have a gross monthly salary of more than Rs 25,000.
The Union Cabinet is slated to discuss three major policy issues on Thursday -- from enactment of new legislation of benami transaction bill 2011, a Memorandum of Understranding with Pakistan on Drug Demand Reduction, and prevention of illicit trafficking in narcotic drugs.
Increasing cases of aviators in India complaining of fatigue and in some cases leading to death have spurred the DGCA to bring in draft rules to reduce stress.
Air India will purchase 220 planes from Boeing for $34 billion, with an option to buy 70 more aircraft that could take the total transaction value to $45.9 billion, a deal that US President Joe Biden described as a "historic agreement". While announcing the Boeing-Air India deal on Tuesday, Biden also asserted that together with Prime Minister Narendra Modi, he was looking forward to deepen the ties between India and the US. As per an announcement from the White House, Boeing and Air India have reached an agreement under which the airline will purchase 190 B737 MAX, 20 B787, and 10 B777X for a total of 220 firm order valued at $34 billion at list price.
The intellectual vacuum that the government is often accused of is more than evident in the policy draft.
So far, carcasses of 32 flamingos have been recovered from Ghatkopar area, the police said.
Aviation security watchdog BCAS has recommended installation of scanners based on computer tomography technology at airports whereby passengers will not be required to take out electronic devices from their hand baggage before going through the scanner. Currently, the scanners used at airports provide a two-dimensional view of the objects inside a hand baggage. Jaideep Prasad, Joint Director General of the Bureau of Civil Aviation Security (BCAS), on Wednesday said the regulator has proposed installing scanners based on computer tomography technology at airports that will provide a three-dimensional view of the objects in hand baggage.
Majority of India's international routes have been captured by foreign airlines.
