The court battle among airport operators, tax authorities and Kingfisher Airlines' lessors over repossession of its planes may have a negative impact on other Indian carriers leasing aircraft from global leasing companies, a leading aviation consultancy firm has said. Major aircraft leasing companies and financers have started adopting a cautious approach towards Indian carriers, with some even threatening to pull out of India, it said. ...
10:18 AM, Mar 31, 2013
Airport Authority of India (AAI) is considering developing 20 airports in the next five years, according to a senior official. "Subject to cooperation from the respective state governments and access to suitable sites free of cost, AAI is hopeful of developing 20 airports in the next five years," GK Chaukiyal, member (operations), AAI told reporters here on Wednesday. ...
12:24 PM, Mar 28, 2013
Aviation regulator DGCA said it has deregistered 15 aircraft operated by Kingfisher Airlines, paving the way for global leasing companies to take them back and easing worries that the dispute might hurt purchases by other Indian carriers. ...
12:50 PM, Mar 26, 2013
As part of its "rebalance" in the Asia Pacific region, the US is all set to deploy additional military resources, including more aircraft careers and fighter jets, a top Pentagon official has said. ...
02:21 PM, Mar 22, 2013
The Civil Aviation Ministry on Thursday abolished the Aircraft Acquisition Committee (AAC), which used to permit import of planes by airlines and other operators, thus doing away with time-consuming procedures that affected the companies. ...
06:13 PM, Mar 21, 2013
Various policy measures initiated by the government for the civil aviation sector have begun to yield results and the airline industry in India is witnessing a revival, union Civil Aviation Minister Ajit Singh said on Sunday. ...
04:15 AM, Mar 18, 2013
As private airlines intensified low fare war, Air India on Wednesday launched a 60-day advance purchase fare scheme to woo vacation travellers on its domestic network offering prices close to air-conditioned train fares. ...
11:18 PM, Mar 13, 2013
Air India has decided to add more economy class seats by reducing business class seats in its 24 narrow body aircraft as the airline has been witnessing more passengers in that class. ...
10:50 PM, Mar 13, 2013
Planning Commission Deputy Chairman Montek Singh Ahluwalia on Monday expressed hope that inter-ministerial differences would be sorted out paving the way for Tatas to set up airline company in collaboration with Malaysian budget carrier AirAsia. ...
03:10 PM, Mar 11, 2013
The Foreign Investment Promotion Board on Wednesday approved AirAsia's proposal to set up an airline jointly with the Tata group, a Finance Ministry official said. ...
12:58 PM, Mar 06, 2013
AirAsia Bhd's planned joint venture in India with Tata Sons could face some procedural problems, Aviation Minister Ajit Singh said on Wednesday, without elaborating. However, Singh said he does not see any other major hurdles for the venture in India. ...
12:30 PM, Mar 06, 2013
ith the government withdrawing Kingfisher Airlines' international flying rights and domestic slots, the Jet Airways has approached the Aviation Ministry to acquire six of the vacant slots, according to sources. ...
01:57 PM, Mar 03, 2013
The latest craze to sweep the Internet is bringing college students the wrong kind of attention - from the Federal Aviation Administration. During a flight from Colorado Springs to San Diego, a group of students started the Harlem Shake, a dance to a song of the same name. ...
09:33 AM, Mar 01, 2013
Aviation and hospitality industry experts on Thursday expressed disappointment at the 2013-14 General Budget, saying contentious issues like high sales tax on jet fuel and taxation on travel trade had not been addressed. While welcoming the concessions granted to the MRO (Maintenance, Repair and Overhaul) sector, they, however, termed the decision as a "minor correction" for a "small sector right now". ...
07:12 PM, Feb 28, 2013
Duty concessions on import of spare parts and testing equipment for aircraft MRO industry were granted in the Union budget today, as the government proposed to provide a plan outlay of Rs 5,000 crore in Air India in the next financial year. "The aircraft manufacture, repair and overhaul (MRO) industry is at a nascent stage. Encouraging the MRO sector will generate employment besides other benefits. Hence, I propose to provide...
04:59 PM, Feb 28, 2013
Airbus is sticking to upbeat forecasts for aircraft demand in India in the face of financial woes creeping across its airline sector, the European planemaker's sales chief said on Monday. ...
01:20 AM, Feb 26, 2013
Boeing Co has found a way to fix battery problems on its grounded 787 Dreamliner jets that involves increasing the space between the lithium ion battery cells, a source familiar with the US company's plans told Reuters. ...
02:56 AM, Feb 21, 2013
With major carriers slashing airfares following Jet Airways' offering of 20 lakh seats at Rs 2250 for travel till the year-end, Air India on Wednesday said it might join the competition to bag more air travellers. However, the government did not expect the low fares to breach the lowest fare bucket given by the airlines to aviation regulator DGCA. ...
03:30 PM, Feb 20, 2013
Taking cognisance of an online music video of a pilot in uniform singing a song laced with expletives, Air India management on Tuesday said it is looking into the matter and will take action only after "verifying" facts. "We have seen the video. We are verifying the facts, that whether he is a pilot with the airlines or not. And also if the video is doctored or morphed. Management will...
09:52 PM, Feb 19, 2013
UB Group, the parent of debt-laden Kingfisher Airlines, said it was in talks with lenders to the carrier to cut their exposure by using proceeds from a stake sale in a group company to Diageo Plc. ...
02:03 PM, Feb 15, 2013
