The GST rate is 5 per cent and 12 per cent on economy and business class tickets, respectively
Amid concerns over alleged poaching of pilots, Air India told Akasa Air that petitioning a competitor to collude in restricting the rights of staff to change an employer could potentially violate the competition law. Air India CEO and managing director Campbell Wilson wrote a letter to Akasa Air CEO Vinay Dube against the backdrop of Akasa Air raising concerns about Air India Express hiring pilots from the airline. The letter, dated September 21, followed a letter by Dube to Tata Sons on September 11.
The disappointment of the year is government's failure in finalising the re-drafted aviation policy.
The government on Monday decided to immediately dispatch search and rescue teams of the National Disaster Response Force, medical teams and relief material to earthquake-hit Turkey following Prime Minister Narendra Modi's instructions to offer all possible assistance to the country.
Concerned over the fallout of the Red Sea crisis and severe shortage of containers against the backdrop of a steep decline in merchandise exports in August, the Union government is pulling out all the stops to find a solution. To begin with, the government has devised a strategy aimed at boosting container supply and supporting exporters.
In 2017, 60 million passengers flew between India and the UAE, the largest overseas air travel market from India.
Maharashtra government on Wednesday decided to acquire the iconic Air India building at Nariman Point in Mumbai for Rs 1,601 crore. The decision was taken at a meeting of the state cabinet in Mumbai. The meeting, chaired by Chief Minister Eknath Shinde, also decided to waive off around Rs 250 crore unrealised income and interest on the property, an official said.
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.