Jet Airways Ltd is the frontrunner for an investment by Gulf carrier Etihad Airways, a senior government source told reporters on Wednesday, adding a deal was likely in 10 days. ...
05:20 PM, Jan 02, 2013
It was not a smooth sailing for the Indian aviation industry in 2012 as it saw the grounding of Kingfisher Airlines and financial trouble hitting Air India and other carriers besides a prestigious $ 500 million airport upgrade contract bagged by a leading Indian infra firm being terminated by the Maldives government. ...
11:46 AM, Dec 28, 2012
A revival plan submitted to the aviation regulator by grounded carrier Kingfisher is not backed by a clear funding proposal, the aviation minister said on December 26. ...
04:41 PM, Dec 26, 2012
Financially stretched Kingfisher Airlines on Monday submitted its revival plans to the aviation regulator which had cancelled its flying licence over safety concerns. "They (Kingfisher Airlines) submitted their revival plans to the director general of civil aviation (DGCA) in a meeting held today (Monday)," a civil aviation ministry source said. ...
04:08 PM, Dec 24, 2012
External Affairs Minister Salman Khurshid on Sunday said aviation services were no longer a luxury but have become a necessity and to strengthen the country a strong network of these services should be created. ...
01:57 AM, Dec 24, 2012
Pitching for the reinstatement of the 13 sacked Air India pilots, the erstwhile Indian Airlines' pilots body has urged Civil Aviation Minister Ajit Singh to take a lenient view on the issue saying the pilots had been in "distress and facing hardships" for the past six months. "We wish to urge and humbly request you to kindly take a lenient view with regard to the termination of 13 fellow pilots...
04:11 PM, Dec 23, 2012
Grounded carrier Kingfisher Airlines has applied for renewal of its operating licenses but no permit will be given until it submits a revival plan, a senior aviation regulatory source said in New Delhi on Thursday. ...
07:55 PM, Dec 20, 2012
Union Civil Aviation Minister on Tuesday said that aviation regulator Directorate General of Civil Aviation (DGCA) had not received any revival plan from the Kingfisher Airlines. It is vital that the cash-strapped airline satisfies the DGCA before resuming its operations that it has enough financial strength. ...
04:54 PM, Dec 18, 2012
There is more trouble for Kingfisher Airlines on the ground at the Mumbai airport. Sources have indicated to CNN-IBN that the airline has received a notice from the Mumbai Airport authorities asking the carrier to vacate the airport premises, landing slots and office area. Sources add that the notice has been served after Kingfisher failed to pay airport dues to the tune of Rs 50 crore. ...
01:10 PM, Dec 11, 2012
Charging most Indian carriers with "unreasonably" hiking airfares, a Parliamentary panel has sought a probe against them and recommended that any increase in ticket prices should be approved by aviation regulator DGCA in the future. ...
11:50 AM, Dec 09, 2012
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03:50 PM, Dec 05, 2012
On the same day one of its new Dreamliners made an emergency landing because of a mechanical problem, Boeing said US regulators had ordered the entire fleet of 787 jets to be inspected for a possible fuel line problem. ...
09:17 AM, Dec 05, 2012
Having failed to receive their May salary as assured by the Kingfisher management, the airline pilots have now threatened to approach DGCA if they did not meet the commitment by Friday even as the regulator maintained that the issue is out of its purview. "We have written to the airline's chief executive that if our salaries are not paid by Friday we will approach the Director General Civil Aviation to...
03:18 PM, Nov 30, 2012
The civil aviation ministry will try to convince the country's petroleum ministry next week to declare jet fuel as a "notified good," which would lead to exemption from high state taxes, providing some relief to battered local carriers. ...
06:14 PM, Nov 29, 2012
Prime-time flying slots, allotted to airlines to operate their flights to or from an airport, would soon be auctioned on an experimental basis to begin with, official sources said on Wednesday. The peak-hour vacant slots, which have been allotted but are not being used by airlines, would be auctioned "on an experimental basis", according to a proposal of the Civil Aviation Ministry. ...
05:05 PM, Nov 28, 2012
With barely a week left ahead of the November 30 deadline set by bankers to pump in fresh capital into the grounded Kingfisher Airlines, the lead lender State Bank of India on Saturday said it has not heard from the company so far. ...
05:16 PM, Nov 24, 2012
New Delhi: The Revenue Department is working on a comprehensive plan to recover tax dues from debt-ridden Kingfisher Airlines (KFA), which owes more than Rs 200 crore to the exchequer, a top Finance Ministry official said on Tuesday. "As a matter of fact both Central Board of Direct Taxes (CBDT) and Central Board of Excise and Customs (CBEC) have quantified the amount which Kingfisher owe to the government and we...
03:09 AM, Nov 21, 2012
London: One-in-three airline pilots have fallen asleep at the controls of jetliners carrying hundreds of passengers, a new study has claimed. The research carried out in Austria, Sweden, Germany and Denmark, found that four out of five pilots have to cope with fatigue while in the cockpit. The European Cockpit Association (ECA), which represents pilots, published its chilling findings after surveys carried out by national unions, found that large numbers...
08:29 AM, Nov 20, 2012
Islamabad: A London-bound Pakistani plane made an emergency landing on Sunday after it caught fire during take off from Jinnah International Airport in the port city of Karachi. There was no immediate report of anyone being injured. The Karachi-Lahore-London flight PK 787, reportedly carrying 167 passengers including the airline officials, landed safely at the airport. The incident occurred after one of the engines of the national carrier Pakistan International Airlines...
10:32 PM, Nov 18, 2012
New Delhi: India is open to further reforms to lure overseas investors into its airlines, a government source said, after a dearth of interest following changes to investment rules left Kingfisher and others still short of much-needed funds. The aviation ministry will meet local carriers soon to ask what changes were needed in the policy, added the source, with direct knowledge of policy developments. India changed its Foreign Direct Investment...
09:03 PM, Nov 15, 2012
