Officials of India’s SpiceJet and Jet Airways have told the country’s Civil Aviation Ministry they object to foreign players setting up airlines in the country. The news comes two days after Gulf carrier Qatar Airways said it plans to set up a new carrier in India. Alexei Kovalev Authentic Jersey Share This
Continue Reading... No Comments.“We are addressing the queries and working with partners to resolve the issues,” says Palash Roy Chowdhury, managing director (India) for Pratt & Whitney (P&W) dismissing the criticism around its controversial PW1100G engine that’s powering some Airbus A320neo aircraft of IndiGo and GoAir. There are billions of dollars at stake for P&W, the US-based aerospace […]
Continue Reading... No Comments.The central government has not received any application from foreign airlines to start a domestic passenger carrier through the 100 per cent FDI (Foreign Direct Investment) route, Minister of State for Civil Aviation Jayant Sinha said on Wednesday. The minister gave the information in reply to a question raised about Qatar Airways’ plan to start […]
Continue Reading... No Comments.Union Minister Jayant Sinha today said the government is working on “appropriate policies” related to 100 per cent FDI in airlines, amid local carriers opposing the move. The Minister of State for Civil Aviation also said the Ministry has not yet received any formal application from any airline with respect to 100 per cent FDI. […]
Continue Reading... No Comments.Indeevar Varma, a human resources manager from Ahmedabad in the western state of Gujarat, was put off flying with Air Costa, a small regional budget Indian airline, after he says he “was bounced like a ball” during “a rough landing” when he travelled from Hyderabad to Ahmedabad several months ago. “That was the worst landing […]
Continue Reading... No Comments.Air India has been under reporting losses for at least four years, says the country’s top auditor. This under-reporting is not any insignificant amount but a sum of over Rs 6,800 crore between 2012-13 and 2015-16. The airline has, as expected, said it did not do any under provisioning while asserting that its Rs 105 […]
Continue Reading... No Comments.Apex Auditor, Comptroller and Auditor General (CAG) has revealed that Air India had actually incurred an operating loss of Rs 321.4 crore last fiscal year. However, Air India reported that it had made an operating profit. The CAG said that there was no fudging of numbers, however, the figures reported by the airline are “actually […]
Continue Reading... No Comments.With BJP’s clean sweep in the Uttar Pradesh assembly elections, a proposed mega infrastructure project — an international airport in Jewar — could finally see the light of day. Talk of the second international airport in Greater Noida resurfaced on Saturday, with the winning candidate for the Jewar assembly seat, Dhirendra Singh, listing it as […]
Continue Reading... No Comments.Chief Minister Pinarayi Vijayan on Saturday lauded the Cochin International Airport model of development, saying that the growth of the airport had led to changes in perceptions on developmental activities. “The CIAL model refutes the general perception that ensuring development is the responsibility of the government alone,” the Chief Minister said. He was speaking at […]
Continue Reading... No Comments.Women entrepreneurs will get “single window clearance” and other benefits to start an airline under the regional air connectivity scheme, a top official said. The remarks were made by Civil Aviation Secretary RN Choubey in a video message at an event here to celebrate International Women’s Day today. “Regional Connectivity Scheme is an opportunity whereby […]
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