Proceeds may be used to partly pay off its Rs 46,570-cr debt
Key stimuli of the government's relief package will be a tax break on jet fuel, waiver of parking and landing charges at airports for the next six months and deferment of payment to oil companies by three months.
India must do away a pointless policy that mandates that a domestic airline must have been in operation for five years and have 20 aircraft before flying.
The move comes after the civil aviation ministry decided to allow Indian carriers to charge passengers for add-on services like their foreign counterparts.
Etihad plans 75 per cent travel beyond Abu Dhabi; airports cry foul.
Urging the government to initiate talks with Abu Dhabi on the bilateral air services agreement, Jet has written to the Civil Aviation Ministry seeking its nod for expanding its services through Abu Dhabi and expansion of bilateral aviation ties with that country.
President Pranab Mukherjee hails it as an achievement of efficient public sector
Aviation regulator DGCA on Saturday suspended the flying licence of beleaguered Kingfisher Airlines for failing to come up with a viable plan for its financial and operational revival and resolve the impasse withits employees over payment of their salary dues.
Civil aviation ministry raises procedural issues in FIPB meeting.
Since Friday evening, 41-year-old Shemir, who works as a logistics manager in Dubai Silicon Oasis, has been making frantic phone calls to different trauma centres in Kerala near the Kozhikode airport to get information of his family members on board the flight.
European airports are wooing Indian airlines in the wake of intense competition from aviation hubs such as Dubai and Doha.
All scheduled commercial passenger flights have been suspended in India since March 25 when the Modi government imposed a lockdown to contain the novel cornavirus pandemic.
The aviation ministry is not in the business of regulating tariffs, says its president Aditya Ghosh.
Aero India, the largest air show in Asia and one of the world's most important military aviation exhibitions, is all set to kick-start at Yelahanka Air Force Station in Bangalore, from February 6 to 11.
The newly formed AirAsia India, the Indian arm of Malaysia's low cost carrier AirAsia, has filed an application with the Civil Aviation Ministry seeking permission to launch its operations, official sources said on Thursday.
GMR, GVK have taken up the issue with civil aviation ministry.
Etihad has been in talks for a 24 per cent equity stake in Jet, valued at around $300 million, ever since India relaxed ownership rules and allowed foreign airlines to buy up to 49 per cent in local carriers.
We are also looking to see if we can put guidelines for NSOPs: Ajit singh
The airline informed the ministry that it would operate 75 planes by April-end.
Govt plans to relax air service norms, let international airlines fly any aircraft to India.
Of 1,400 pilots the airline has, 200 have quit in the past few months because of salary delays.
The Civil Aviation Ministry has submitted replies to the CVC on a series of allegations raised by Nishikant Dubey against the deal and clarified all concerns raised by him, official sources said.
Govt moots new regional connectivity policy; plans to offer subsidy on non-viable destinations.
It would provide ways to cross-subsidise these operations when airlines will fly to such destinations.
Officials differ, say firm should first fly regional.
Earlier, in August, the finance ministry had asked banks to put pressure on real estate developers to cut prices.
The official also said the government's official app helped generate information about 697 potential hotspots in the country.
The ministry will meet domestic carriers next week to discuss how the upper limit in each bucket could be reduced to bring down average airfares, which have been rising in the past few months.
The carrier has two-third Indian directors on board, as mandated.
The apex court asked the government to get back by March 9 about the policy.
Bilateral traffic rights define the number of weekly flights or seats a country's designated airlines are allowed to operate in another country's specified points.
Govt to not determine the price but come up with a formula.
Observing that highly exorbitant rates were being charged closer to the travel dates, Civil Aviation Ministry officials, however, made it clear that the government had no intention to decide airfares which have to be determined by the market.
Despite the sops, scheduled carriers might not be interested in operating such routes.
Ministry caps number of flights out of Delhi, Mumbai.
The engineers of Kingfisher went on a strike on Sunday to protest the non-payment of salaries since March.
With air fares soaring in the peak holiday season, the Civil Aviation Ministry is working on a proposal to cap the lowest and highest ticket prices for a given period which the airlines would not be allowed to cross.
Govt to review decision after demand assessment.
This carbon credit system is expected to generate greater financial viability for regional operators.
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