The country's fourth budget carrier has also announced the addition of Kochi to its existing network from July 20.
Fighter aircraft will start taking off from Admiral Gorshkov aircraft carrier next month as Russia will start trials of aviation facilities on the warship scheduled to join Indian Navy by December.
Improving economy and investment in Indian carriers and hotels by global companies is likely to lead to hiring for aviation and hospitality sectors witnessing up to 40 per cent growth in 2015, according to experts.
The airline industry was impacted last year by the global economic slowdown but the growing Indian and Chinese markets are expected to help boost the sector, Civil Aviation Minister Ajit Singh said.
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.
Honda Motorcycle & Scooter India (HMSI), the wholly-owned two-wheeler subsidiary of Japan's Honda Motor Company, on Wednesday launched its new 'Aviator' model scooter with 15 per cent increased fuel efficiency, in Mumbai.The ex-showroom price is Rs 50,410 for its deluxe model and Rs 45,180 for its standard model.
After over a year of downturn, the domestic aviation sector showed a marked improvement last year with the number of passengers carried by Indian airlines growing by almost eight per cent over 2008.
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.
Jet fuel prices are likely to be reduced by Rs 2,000 per kilolitre from December 1 in line with fall in international oil prices.
Average monthly GST collection rose from Rs 90,000 crore during the first year of its implementation -- 2017-2018 -- to Rs 1.68 trillion during 2023-2024, representing an 87 per cent rise.
Indian airlines are expected to post a consolidated loss of $4.1 billion this fiscal, similar to what they are estimated to have incurred in 2020-21, taking the total losses of two years to around $8 billion as a result of the pandemic so far, aviation consultancy and research firm CAPA said on Thursday. In a report, CAPA expects domestic passenger traffic to be around 80-95 million in 2021-22 as against 52.5 million in the previous financial year. However, despite this growth, it will be well below than around 140 million passenger volumes recorded in 2019-20, CAPA said in the report. This projection of the traffic volume does not take into account the anticipated third wave of the pandemic, it added.
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.
Global aviation industry would improve its profit from $6.7 billion to an estimated $8.4 billion thanks to the two countries.
In 2017, 60 million passengers flew between India and the UAE, the largest overseas air travel market from India.
The private sector's new project announcements in the quarter ending March were among the highest on record. The value of new private sector project announcements for the three months ending March 2024 was Rs 9.8 trillion, shows data from tracker Centre for Monitoring Indian Economy (CMIE). This is the second-highest on record in data going back to 2009.
The number of Indian passengers has jumped more than 20 per cent in the past year
Airlines sought a limited period concession of the standing rule of slot allocation, which mandates that firms must operate at least 80 per cent of their allocated slots.
With this film, Siddharth Anand seems to have cooked up another hit recipe that blends blockbuster film-making with star hysteria, observes Mayur Sanap.
If the concerns over risking political capital are overcome, the long-term gains for the Indian economy will be immense, asserts A K Bhattacharya.
Civil Aviation Minister Jyotiraditya Scindia on Tuesday flew on SpiceJet's special flight between Delhi and Gwalior using Boeing's 737 Max plane that has been allowed to return to service after two and half years. All Max planes were grounded in India by the Directorate General of Civil Aviation (DGCA) on March 13, 2019, three days after the crash of an Ethiopian Airlines 737 Max plane near Addis Ababa, which had left 157 people, including four Indians, dead. Along with Scindia, SpiceJet CMD Ajay Singh and Boeing India president Salil Gupte were also present on the special flight on Tuesday.
Other members of the board would comprise Vishwapati Trivedi as the joint managing director, V K Verma, director (commercial) and Anup Srivastava, director (personnel), an official spokesperson said in New Delhi on Tuesday.
'If an airline is willing to get the funding, it will fly in unviable routes.'
The US has said that it was committed to work with India to help it get back the Category 1 aviation safety rating "as soon as possible", a day after Washington downgraded India's ranking, bringing it below Pakistan and at par with countries like Ghana and Bangladesh.
IOC protests, says have invested in these facilities over a period of time.
The Maldives will get free 'non-lethal' military equipment and training from China's military under a newly inked agreement with Beijing, President Mohamed Muizzu has said, underlining that it would further strengthen the Indian Ocean island nation's independence and autonomy.
Corporate margins and profits in India remain vulnerable to changes in crude oil prices in the international market. Historical quarterly data from listed companies (excluding banks, finance and insurance, oil and gas, and power sectors) indicate an adverse correlation between corporate margins and crude oil prices.
Indian Air Force fighter planes will be on standby to keep a close watch on any suspicious activity in the Delhi sky, including UAVs or drones, as the national capital gets ready to host the G20 summit, a senior official from a department engaged in airport operations said.
Maldivian President Mohamed Muizzu's party secured a 'supermajority' in Parliament by winning over 60 seats in Sunday's crucial parliamentary election, seen as a litmus test for the pro-Beijing politician whose policies are being closely watched by both India and China amidst regional power dynamics.
Minister of State for Civil Aviation V K Singh and around 200 Indians, mainly students, also returned to India on the flight that landed at 6.15 pm, they said.
The sector requires proper implementation of policies, coupled with reasonable taxes and improved basic infrastructure.
That it has been threatening to review this rule for a while is old hat anyway.
National carrier Air India became part of the 27-member global airlines grouping Star Alliance, as budget airline AirAsia India launched operations and Tata-SIA joint venture carrier Vistara received the flying permit and announced its intentions to start operations from January 9.
In a LinkedIn post on Wednesday, February 15, night, Nipun Aggarwal had said Air India, in addition to the order of 470 planes, had the option to purchase 370 aircraft from Airbus and Boeing.
Looks like the good folks at the ministry of civil aviation have requested our airports and airlines to play Indian music at airports and during flights as part of its culture promotion initiative.
In a dramatic turn of events in May 2019, an Emirates aircraft en-route to Dubai was asked to stop while it was taxiing for a take off in Mumbai. The pilot was given no reason and ordered to immediately return to the parking bay. As the aircraft returned to the terminal, two passengers from the first class - Naresh Goyal and his wife Anita - were offloaded by the immigration authorities, who said the duo cannot leave the country. Goyal, founder of Jet Airways, was stunned. The man, who ruled the aviation sector for two and a half decades with an iron hand, did not expect to be offloaded in this fashion.
The depiction of screechy jingoism within India-Pakistan dynamic is still a wet dream for Bollywood film-makers, observes Mayur Sanap.
The coins will be circular in shape and have a diameter of 23 millimetres.
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.
New Delhi's regional partners in restraining a belligerent China -- primarily the US, Japan, Australia and Singapore -- would like the Indian Navy to lock down the Indian Ocean Region, while the other partners can focus on deterring the PLA (navy) in the South China Sea, explains Ajai Shukla.
