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Ashok Raju, Civil aviation minister, Vijay Mallya, Kingfisher, Kingfisher airlines, liquor baron, business news, india news, latest news

New civil aviation policy: Rs 2,500 for 1-hr flights; 5/20 norm scrapped

June 15, 2016 5:50:16 pm

The Civil Aviation Ministry had sent the civil aviation policy to Cabinet for approval on June 3.

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Indian airports performing better in private hands: NITI Aayog

June 15, 2016 9:31:38 am

Improved utilisation of built-up area at airport complexes could lead to increase in non-aeronautical revenues for the operators.

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Pay Rs 1000 to advance your journey on Jet Airways

June 14, 2016 9:32:45 pm

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 7:47:06 pm

Fernandes, group CEO of AirAsia Berhard, getting OIC status assumes significance as there have been concerns about control and ownership of AirAsia India.

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Govt open to ‘light handholding’ to prevent a repeat of Kingfisher: Ashok Raju

June 12, 2016 2:23:19 pm

The civil aviation minister alluded to Vijay Mallya's Kingfisher airlines which collapsed and Mallya fled leaving crores of upaid debts to banks

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DGCA proposals: ‘Cap cancellation charges, slash baggage fee’

June 12, 2016 1:08:28 am

Measures are being proposed as there have been complaints from passengers, says aviation minister

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Capping airfares could increase floor price of tickets, says Aviation Minister Raju

June 11, 2016 4:38:54 pm

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.

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Government proposing cap on ticket cancellation charges, reduction in excess baggage fee in flights

June 11, 2016 1:53:28 pm

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.

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Why Air India’s books are ‘so bad’

June 9, 2016 6:20:01 pm

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 6:34:03 pm

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 5:28:19 pm

"We have been trying to compare ticket cancellation charges with international trend," DGCA chief M Sathiyavathy had said last month.

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To reduces airfares, government may increase flights to northeast

June 5, 2016 1:21:03 pm

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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Air tickets to get more expensive? Jet fuel price hiked by 9.2%

June 1, 2016 11:43:54 am

Jet fuel constitutes over 40% of an airline's operating cost and the latest price increase will add to the financial burden of cash-strapped carriers.

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Jet Airways flying high, reports annual profit for first time since 2007

May 27, 2016 9:32:09 am

Jet Airways reported a profit of 4.26 billion rupees for its fourth quarter to the end of March, compared with a loss of 18.03 billion rupees in same quarter a year earlier.

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Domestic passenger traffic to cross 100 million by year-end: DGCA

May 22, 2016 4:23:22 pm

DGCA expects more than 100 million domestic passengers to fly by the year end, especially as India has outstripped passenger traffic growth in this sector across major global economies.

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After five consecutive quarters of profit, SpiceJet plans NSE listing

May 22, 2016 3:33:19 pm

Aided by higher revenues and lower fuel costs, SpiceJet saw its net profit more than triple to Rs 73.19 crore in the three months ended March 2016.

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Air India boss asks commanders to greet passengers with ‘Jai Hind’

May 22, 2016 1:36:06 pm

Besides, Lohani in his communication has also asked the staff to be "courteous and polite" to passengers and said wearing a smile would be a "good thing".

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Budget airlines set to benefit as Southeast Asia’s open skies agreement comes into effect

May 17, 2016 11:18:46 am

Full service airlines like Thai Airways, Garuda Indonesia and Philippine Airlines, which have lost market share to budget carriers over the last decade, say they plan to use their long-haul network to connect passengers to their Southeast Asia services.

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