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AVIATION NEWS - Page 101
Airlines are not ‘demons’, says Aviation Minister Ashok Raju
June 23, 2016 17:41 IST
Making it clear that there will not be a "simplistic solution" to deal with exorbitant rise in air fares, he reiterated that capping would not be the answer as that would also push up the floor prices.
5/20 rule: Indian players should be serving Indian skies, says Aviation MinisterSubscriber Only
June 22, 2016 03:01 IST
The minister spoke on varied issues from the regional connectivity scheme to the rationale behind Rs 2,500 cap on per hour flights on unconnected routes.
Centre allows 100 per cent FDI in airlines, 49 per cent cap for foreign carriers stays
June 21, 2016 15:14 IST
The changes to investment policy in aviation sector come less than a week after the Union Cabinet approved the National Civil Aviation Policy 2016, which had maintained a status quo on the FDI regime in the sector.
Air travel sees spike in passengers following low ticket prices
June 20, 2016 18:38 IST
Budget carrier IndiGo ferried the highest number of 33.37 lakh passengers in May, followed by private full service carrier Jet Airways and Air India.
Govt allows 100 per cent FDI in Civil Aviation Sector
June 20, 2016 18:46 IST
As per the present FDI policy, foreign investment up to 49% is allowed under automatic route in Scheduled Air Transport Service/ Domestic Scheduled Passenger Airline and regional Air Transport Service.
SpiceJet: Airlines to soon offer taxi to airport option along with ticket
June 19, 2016 15:28 IST
SpiceJet connects 41 destinations in different parts of the world with 300 running flights everyday
Capping air fares on regional routes negative for airlines
June 16, 2016 20:23 IST
As per the 5/20 rule, only domestic airlines with at least five years of operational experience and a minimum of 20 planes were allowed to fly overseas.
Aviation sector to see strong growth; air traffic to rise 14 per cent: report
June 16, 2016 18:13 IST
"India's aviation sector is set to undergo a strong growth period, which should benefit all incumbent players," said the report.
Udta Bharat: Easier for new airlines to fly abroad, more Tier 2, 3 airports
June 16, 2016 10:24 IST
The Cabinet approved the National Civil Aviation Policy (NCAP 2016) which replaces the controversial “5/20” overseas flying rule for domestic carriers with a “0/20” formulation.
Civil Aviation Policy to benefit passengers: PM Modi
June 15, 2016 20:05 IST
"The #CivilAviationPolicy approved today by the Cabinet will transform the sector & greatly benefit passengers," Modi tweeted.
Cabinet approves changes in civil aviation policy, airline stocks see rise in numbers
June 15, 2016 16:02 IST
The new policy seeks to strengthen regional connectivity
Highlights of the Civil Aviation Policy cleared by cabinet
June 15, 2016 16:59 IST
This new policy aims at providing various benefits to domestic airline passengers.
Civil Aviation Policy: India will be 3rd largest market by 2022, says Gajapathi Raju
June 15, 2016 13:50 IST
"India will be the 3rd largest civil aviation market by 2022. To achieve this, we need right intentions, vision, planning and execution," Raju said.
New civil aviation policy: Rs 2,500 for 1-hr flights; 5/20 norm scrapped
June 15, 2016 17:50 IST
The Civil Aviation Ministry had sent the civil aviation policy to Cabinet for approval on June 3.
Indian airports performing better in private hands: NITI AayogSubscriber Only
June 15, 2016 09:31 IST
Improved utilisation of built-up area at airport complexes could lead to increase in non-aeronautical revenues for the operators.
Pay Rs 1000 to advance your journey on Jet Airways
June 14, 2016 21:32 IST
The new proposals by the government are: A cap on exorbitant air ticket cancellation fee, a hike in compensation five-fold to Rs 20,000 for denied boarding and steep reduction in excess baggage fee.
AirAsia Group chief Tony Fernandes gets OIC status
June 13, 2016 19:47 IST
Fernandes, group CEO of AirAsia Berhard, getting OIC status assumes significance as there have been concerns about control and ownership of AirAsia India.
Govt open to ‘light handholding’ to prevent a repeat of Kingfisher: Ashok Raju
June 12, 2016 14:23 IST
The civil aviation minister alluded to Vijay Mallya's Kingfisher airlines which collapsed and Mallya fled leaving crores of upaid debts to banks
DGCA proposals: ‘Cap cancellation charges, slash baggage fee’
June 12, 2016 01:08 IST
Measures are being proposed as there have been complaints from passengers, says aviation minister
Capping airfares could increase floor price of tickets, says Aviation Minister Raju
June 11, 2016 16:38 IST
Citing an analysis about fare movements done last year, the Minister said then it was found that only around 1.7 per cent of the tickets were priced higher.
Government proposing cap on ticket cancellation charges, reduction in excess baggage fee in flights
June 11, 2016 13:53 IST
Suggesting a slew of passenger-centric measures, the Civil Aviation Ministry said airlines will have to refund all statutory taxes in case of flight cancellations.
Why Air India’s books are ‘so bad’
June 9, 2016 18:20 IST
The state-run airliner currently is in debt of around Rs 50,000 crore.
Jet Airways chairman Naresh Goyal re-elected to IATA Board of Governors
June 8, 2016 18:34 IST
This would be the fifth successive tenure for Goyal at the International Air Transport Association's (IATA) Board of Governors, the airline said in a release.
Civil Aviation ministry to soon announce new norms for ticket cancellation, baggage and denied boarding
June 5, 2016 17:28 IST
"We have been trying to compare ticket cancellation charges with international trend," DGCA chief M Sathiyavathy had said last month.
To reduces airfares, government may increase flights to northeast
June 5, 2016 13:21 IST
In a first of its kind move the Civil Aviation Ministry has allowed an airline to operate more flights during a particular period to the northeast.
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