Govt may drop plan to impose 2% levy on air tickets
A government proposal to levy a 2 percent cess on domestic and international tickets to fund increased regional connectivity that would have led to a hike in air fares is likely to be dropped.
Mar 02, 2016, 22:09 PM IST
Tata Group bats for 5/20 norm removal in aviation
Tata Group Wednesday called for abolishing the controversial 5/20 norm for local carriers, saying the rule has only "benefited foreign airlines" and its removal would help "improve" India's air connectivity with the world.
Feb 24, 2016, 18:29 PM IST
Airfares to be cheaper? Govt to ask airlines to pass on benefits of low fuel prices to passengers
Civil Aviation Minister Ashok Gajapati Raju, however, said the government will not dictate on air ticket rates.
Jan 31, 2016, 19:35 PM IST
Civil Aviation Ministry 'tweaking' international flying norms?
The Civil Aviation Ministry is all set to "tweak" the existing norm for international flying by domestic carriers with certain riders, despite major Indian airlines favoring its continuation.
Jan 18, 2016, 23:20 PM IST
Air India changes stand on 5/20 rule to allow airlines to fly abroad
The airline has submitted its new position on the 5/20 norm to the Civil Aviation Ministry, which has to take a final call on the issue before sending it to the Union Cabinet for approval, sources said.
Jan 17, 2016, 17:04 PM IST
Kerala Governor lodges complaint, a day after Air India plane leaves without him
Kerala Governor Justice P Sathasivam seeks an inquiry into the circumstances leading to his missing an Air India flight.
Dec 24, 2015, 12:46 PM IST
India's civil aviation security meets ICAO standards: Government
The central government on Saturday said that the national civil aviation security agency has fully implemented the security norms prescribed by the United Nations oversight body.
Nov 28, 2015, 18:42 PM IST
Civil Aviation Ministry eases norms for aircraft imports
Relaxing the norms for aircraft imports, the Civil Aviation Ministry today said carriers would now be required to get the initial approval only from sectoral regulator DGCA.
Nov 28, 2015, 17:35 PM IST
India to be 3rd largest aviation market by 2026: IATA
IATA also expects India's air passenger traffic to grow to 378 million passengers by 2034 with 275 new passengers likely to be added during this period.
Nov 26, 2015, 22:46 PM IST
'Govt trying to formulate civil aviation policy by year end'
The Civil Aviation Ministry has extended the deadline for submitting public comments on the draft policy till November 30. The earlier deadline was November 21.
Nov 20, 2015, 15:07 PM IST
Profitable SpiceJet's liabilities outweigh assets
The airline Thursday reported a net profit of Rs 23.77 crore in the three months ended September on the back of a steep fall in fuel costs and other expenses. It had a net loss of Rs 310.45 crore in the year-ago period.
Nov 12, 2015, 19:05 PM IST
Air Arabia explores biz opportunities with FlyEasy
FlyEasy is currently awaiting aviation regulator DGCA approval for starting a regional airline.
Nov 06, 2015, 20:29 PM IST
Government sets a target of 90% OTP for Air India
Concerned over its on-time performance (OTP), Government has asked Air India to achieve higher efficiency in its operations and set a target of 90 percent OTP for this month.
Nov 04, 2015, 21:22 PM IST
Draft aviation policy: Govt proposes to cap fare at Rs 2,500; seeks to make air travel affordable
The policy has mooted various measures to boost regional connectivity including setting up of no-frills airports and providing viability gap funding for airlines.
Oct 30, 2015, 12:16 PM IST
Air Costa in funding talks ahead of launch of pan-India ops
Regional carrier Air Costa, which is awaiting aviation regulator's nod to fly pan-India, is in talks with various investors for raising funds.
Oct 25, 2015, 19:58 PM IST
Flight operations at Jammu airport resume
Flight operations to Jammu airport resumed on Saturday after the Indian Air Force (IAF) withdrew its notice to airmen (NOTAM).
Oct 24, 2015, 10:54 AM IST
Airline losses to come down 35 to Rs 5,500 crore this FY: ICRA
Low crude prices, increasing efficiency and rising air traffic will help the domestic airlines bring down their losses massively this fiscal to around Rs 5,500 crore from around Rs 8,500 crore last year, says an analyst report.
Oct 22, 2015, 23:11 PM IST
IndiGo lowers IPO size to Rs 3,000 cr; one promoter to sell less
Low-cost carrier IndiGo's operator InterGlobe Aviation Monday night lowered its IPO size by over Rs 200 crore to nearly Rs 3,000 crore with one promoter deciding to sell less number of shares in the public offer.
Oct 19, 2015, 23:20 PM IST
Aviation stocks on fire, surge as much as 10%
Shares of SpiceJet and Jet Airways hogged limelight Monday, surging as much as 10 percent, in-line with an positive broader market amid lower crude oil prices and low-cost airline IndiGo's parent InterGlobe Aviation fixing the price band for its initial share sale.
Oct 19, 2015, 22:46 PM IST
Jet Airways to add 19 new flights, upgraded aircraft
Naresh Goyal-promoted Jet Airways Thursday said it will add 19 new flights, including a few red-eye services, and upgrade its aircraft to wide-body Airbus between Delhi and Mumbai to provide additional connectivity on this key route during winter season.
Oct 15, 2015, 22:57 PM IST
