Air India asked to slash expenses by 10%
Facing a cash crunch, Air India was Saturday asked by the government to slash expenditure on operational heads by ten per cent and improve performance and passenger facilitation, officials said.
Dec 06, 2014, 20:21 PM IST
DGCA acts tough against troubled SpiceJet, withdraws 186 flight slots
Concerned over the deteriorating condition of SpiceJet and large-scale flight cancellations, aviation regulator DGCA Friday withdrew 186 of its slots and asked it to clear salary dues of all its employees in the next ten days.
Dec 05, 2014, 19:49 PM IST
SpiceJet denies AAI has put it on cash-and-carry mode
Budget passenger carrier SpiceJet Friday refuted allegations that its operations have been placed by the airport operator on cash-and-carry mode.
Dec 05, 2014, 17:17 PM IST
Airlines stocks surge on new draft civil aviation policy
Stocks of Jet Airways and Spicejet surged up to 7 percent Monday after the government unveiled draft civil aviation policy which proposes to enhance regional air connectivity, rationalise jet fuel cost, among others.
Nov 10, 2014, 18:53 PM IST
Govt unveils draft civil aviation policy; may privatise Air India
Civil Aviation Minister Ashok Gajapathi Raju unveiled the draft civil aviation policy which also proposes to enhance regional air connectivity, develop six major metro airports as international hubs, create more airports through PPP mode.
Nov 10, 2014, 15:33 PM IST
AAI, Pawan Hans to be listed; Air India privatisation not now
Proposals for listing of AAI and Pawan Hans have been made in the Draft Civil Aviation Policy, released by Raju here.
Nov 10, 2014, 12:44 PM IST
AAI, Pawan Hans to be listed on Stock Exchanges: Ashok Gajapathi Raju
The minister also said Pawan Hans will also be be listed in stock exchanges. He also hinted at the privatisation of national carrier Air India.
Nov 10, 2014, 12:28 PM IST
Govt mulling strategy to boost performance of airlines: Raju
Concerned over "unsatisfactory performance" of Indian airlines in taking on foreign competition, the government is considering a new strategy to motivate them to perform and take away overseas flying rights of those who fail to do so.
Aug 24, 2014, 15:10 PM IST
Civil Aviation Min issues series of instructions to Air India
The Civil Aviation Ministry has issued a series of instructions to Air India, including redeployment of its "surplus" staff, to tighten its belts to face heightened competition, particularly from the proposed Tata-SIA backed Vistara airline.
Aug 14, 2014, 19:37 PM IST
Had asked states to cut jet fuel tax: Ashok Gajapathi Raju
Raju was speaking at a news conference following the announcement that state-owned Air India had joined the Star Alliance group of carriers.
Jun 24, 2014, 16:34 PM IST
Civil Aviation Min meets PM, briefs him about sector's problem
This issue would be crucial to start-up carriers like AirAsia India and Tata-SIA Airlines who would want to launch international flights as soon as they can.
Jun 21, 2014, 20:10 PM IST
Aviation minister cracks down on nepotism
Days after taking over the reins of the ministry, Civil Aviation Minister Ashok Gajapathi Raju is learnt to have objected to the employment of relatives of several officials in the aviation sector and asked all departments to come out with details.
Jun 15, 2014, 19:01 PM IST
