Private carrier Kingfisher Airlines hopes to fly to international destinations by mid 2007, once it receives delivery of Airbus A-330 wide-bodied aircraft.
Price appreciation since the aircraft order in 2005 could yield Rs 7,200-crore gain.
Government has postponed by a month a decision to privatise four of the countrys biggest airports pending more inter-ministry consultations, Information and Broadcasting Minister Sushma Swaraj said on Friday.
Cabinet approval for greenfield airports within the 150 km radius of an existing airport is being done away with, according to the new greenfield airports policy, which has recently been sent for Cabinet consideration by the civil aviation ministry. This would have serious implications for airports in large metro cities including Bangalore, Kolkata, Hyderabad and Chennai, where a second airport will eventually be a reality.
Days after exchange of words between the Planning Commission and the Civil Aviation Ministry, the process of Kolkata airport modernisation is all set to start with the Public Investment Board meeting in New Delhi later this week to give its nod to the Rs 2,000 crore (Rs 20 billion) project .
IndiGo confirmed the incident but said the aircraft did not face any technical issue in the past.
The plan, vetted by the finance and civil aviation ministries, is likely to include proposals relating to the nature of financial assistance it wants from the government, including equity infusion and soft loan.
To meet the exigencies on highways, the civil aviation ministry has suggested to the surface transport ministry to earmark space for helipads every 100 kilometres on major national highways.
The decision was taken after Prime Minister Narendra Modi announced that the lockdown across the country will be extended till May 3 to fight the coronavirus pandemic.
Worried over security of VIPs and movement of money in poll-bound Bihar, the Election Commission has written to Civil Aviation Ministry to deploy trained security personnel and baggage scanners at the unguarded state hangar in Patna.
The international airport will initially focus on cargo exports as the passenger needs would be extensively served by the upcoming international airport near Panvel in Navi Mumbai, which is just 90 minutes' drive from Pune. The Maharashtra Industrial Development Corporation has issued a notice to begin the land acquisition procedure.
Go First chief executive officer Kaushik Khona and tribunal-appointed interim resolution professional Abhilash Lal on Thursday reached out to the airline's staff, seeking their support for revival. While Khona said the company had taken all steps for the airline's revival, Lal put forward the view it would have to raise funds. Employee engagement took place a day after the National Company Law Tribunal (NCLT) admitted the airline's insolvency plea on Wednesday and ordered a moratorium on recoveries.
The government has cleared the acquisition of 46 new aircraft worth over Rs 19,000 crore (Rs 190 billion) by three low-cost carriers: SpiceJet, IndiGo and Jet Lite.
An IAF flight carrying Indian student Harjot Singh, who was shot in Ukrainian capital Kyiv a few days ago, landed at the Hindon airbase in New Delhi on Monday evening, officials said.
The directive from the civil aviation ministry came after the airlines together failed to utilise over 13 per cent of the slots allocated to them last year, official sources said. The domestic carriers have already filed their summer schedules which shows a marginal increase in the number of flights each week -- from 11,048 last year to 11,116 this year.
Akasa Air's plane occupancy, or load factor, improved the most among all major carriers in April compared to the last month. Load factor signifies the percentage of seats that the airline has been able to fill in its planes. The Vinay Dube-led carrier, which started commercial flights in August last year, saw its load factor jump by more than 11 per cent in April, according to the Ministry of Civil Aviation's data
Three months after the Modi government withdrew SPG cover to Sonia, Rahul and Priyanka Gandhi, they are all set to lose another special status provided to them.
Even as the labour ministry gave an in-principle approval to the civil aviation ministry's proposal to classify pilots as executives instead of workmen, the pilots' unions said they would respond strongly to the move.
AAI planned to achieve gross sales of Rs 7,760 crore (Rs 77.6 billion) in 2013-14 which is approximately 23 per cent higher than the target of 2012-13, the state-run airports body said in a release.
The incident took place on August 30 when Air India flight AI 102 was on its way to New Delhi from New York.
Airline companies under the Federation of Indian Airlines plan to make a presentation to the civil aviation ministry saying they will be forced to axe 8,000 employees if the government implements the new ground handling policy from January 1, 2009. About 29 per cent of the 28,000-odd employees working in the private carriers are involved in ground handling.
Defending its decision to raise the number of seats under the India-United Arab Emirates (UAE) air services pact, the Civil Aviation Ministry, in a note to the Cabinet Secretariat and key ministries, has said no additional points of call have been allowed to the Gulf country.
The government is likely to consider infusion of Rs 800 crore (Rs 8 billion) as equity in the cash-strapped Air India on Wednesday, but wants the airline to take "extraordinary" measures to achieve a financial turnaround.
For harried passengers flying peak hours from metros, no respite from delayed flights and landings is in sight.
This demand is over and above the Rs 1,200 crore.
Earlier, liquor bottles went missing from the same flight and Air India's Vigilance Department conducted an enquiry.
This means a passenger flying between Delhi and Mumbai will now know that the minimum fare in the route will be Rs 95 (as being charged by SpiceJet) and can go up to a maximum of Rs 22,800 (as being levied by GoAir), plus around Rs 3,000 as components like passenger fees.