Category Archives: Aviation

• India looking to extend UDAN scheme to Bimstec countries

  Posted on June 8, 2017 by Diligentia News in Aviation.

  In a bid to boost its engagement with Bimstec, India is looking to expand the UDAN scheme of its aviation policy to countries of this regional bloc, Minister of State for Civil Aviation Jayant Sinha said on Tuesday. “What the government of India would like to see is that we can take the policy design […]

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• Air India has 5 times more debt than Jet Airways, 16 times than IndiGo: A comparison in 15 charts

  Posted on June 8, 2017 by Diligentia News in Aviation.

  The disinvestment plans of national carrier Air India are back in news and the government is making all the right noises. Making a case for the sale of the airline, union finance minister, Arun Jaitley said in Dialogue@DDNews programme, “In this country, if 87 or 86 percent flying can be handled by the private sector… […]

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• ‘Govt Sees 2 Conglomerates and 2 Int’l Airlines as Potential Bidders of Air India’

  Posted on June 8, 2017 by Diligentia News in Aviation.

  Finance ministry and civil aviation ministry are drawing a road map to divest either a significant part or whole of Air India, according to highly placed sources. One of the sources said four companies, including two Indian conglomerates and two international airlines are being seen as the potential bidders of Air India. Another source said […]

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• GMR to build, operate New Heraklion Airport in Greece

  Posted on June 8, 2017 by Diligentia News in Aviation.

  GMR Airports Limited said that it has been selected to develop, operate and manage the new international airport of Heraklion at Crete in Greece in partnership with Greek infrastructure firm Terna SA. This will be the second project to be handled by the subsidiary of GMR Infrastructure Ltd in Europe, after it developed Istanbul’s Sabiha […]

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• Air India new fleet plan on hold after privatisation proposal

  Posted on June 8, 2017 by Diligentia News in Aviation.

  Air India’s plans to expand its fleet with new aircraft seems to have hit an air pocket following the NITI Aayog’s proposal to the PMO its total privatisation which made the national carrier’s future course uncertain. Decisions earlier approved by the airline’s board of directors regarding acquisition of newer versions of aircraft are currently “on […]

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• In Air India sell-off bid, banks and oil companies may be ultimate losers

  Posted on June 7, 2017 by Diligentia News in Aviation.

  Oil marketing companies and banks may find themselves at a loss as the government tries to reduce Air India’s borrowings before putting up the debt-ridden national carrier for sale. The Civil Aviation Ministry and the Finance Ministry are in the process of meeting banks and oil companies to get haircuts for Air India’s debt, ET […]

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• Privatising Air India to change the perception about Modi government’s reformist credentials

  Posted on June 7, 2017 by Diligentia News in Aviation.

  There is a buzz in the air about the possible privatisation of Air India (AI), that quintessential public sector white elephant. Since 1991, this has been seen as the ultimate litmus test of every Indian government’s reformist convictions, which none has yet managed to conquer. That is ironic, since on several occasions the respective governments […]

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• Regional connectivity: Airlines flag slot problems

  Posted on June 7, 2017 by Diligentia News in Aviation.

  Non-availability of take-offs and landing slots at Mumbai, Bengaluru, Pune, Hyderabad and Chennai is posing a threat to the success of the regional air connectivity (RCS) scheme, airline operators pointed out at a meeting convened by the Karnataka government on Tuesday. Representatives of all major carriers including IndiGo, Jet AirwaysBSE 0.61 % and Air India […]

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• Want regulators, pilots to work together: Jayant Sinha

  Posted on June 7, 2017 by Diligentia News in Aviation.

  Union minister Jayant Sinha has said that regulators and pilots should work together in a “very collaborative manner”, amid DGCA complaining to the police against some pilots. The Directorate General of Civil Aviation (DGCA) has filed a police complaint against 34 pilots of Jet Airways, IndiGo, SpiceJet and GoAir for allegedly posting “obscene” messages on […]

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• No gradual stake sale: Air India may be privatised at one go

  Posted on June 6, 2017 by Diligentia News in Aviation.

  Privatising Air India at one go is a view that has emerged strong among the many that the Narendra Modi government is grappling with regarding the future of the airline. Business Standard has learnt from sources who are involved in this process that once a final decision to divest a stake in Air India is […]

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