Air India’s performance has improved with competition posed by private players, Chief Economic Advisor Arvind Subramanian said today, but wondered whether the state-owned airline should “exist at all”. The national carrier, staying afloat on a Rs 30,000-crore bailout package from the central government, is working on ways to improve its financial position. In the last […]
Continue Reading... No Comments.Airports may soon become the new go-to spots – malls, shopping centres and business hubs with state-of-the-art facilities – as part of a government plan to pull them out of red. Only 13 of the country’s 125 airports have been making profits, despite the government’s plans to boost under-utilized airports through Rs. 2,500 flights and […]
Continue Reading... No Comments.Aviation regulator DGCA should put in place norms to ensure lessors provide information about their aircraft leased to domestic airlines whenever there is a probe, as per a recommendation by AAIB. It has been made by the Aircraft Accident Investigation Bureau (AAIB) while submitting its report on an emergency landing incident of a SpiceJetBSE -4.77 […]
Continue Reading... No Comments.Flying in and out of Delhi may get much cheaper by coming summer break. The Supreme Court has directed the long-standing legal tussle over Delhi International Airport Pvt Ltd (DIAL) levying 96% higher charges on airlines — which are passed on to flyers as overpriced fares — than prescribed by a government agency be resolved […]
Continue Reading... No Comments.Andhra Pradesh-based regional airline Air Costa suspended its flight operations, citing ‘financial difficulties’ on Tuesday barely four years into operations. Allegedly mired in debt, the company, which had four Embraer-190 aircraft when it started off in 2013, has been left with none with the planes seized by its lender GE Capital Aviation Services (GECAS). Sources […]
Continue Reading... No Comments.The runway of the Karipur airport, which had been partially closed during the last 18 months to facilitate runway strengthening works, would become operational round-the-clock from Wednesday. The runway had been closed for eight hours daily from September 1, 2015 as part of the Rs 60-crore re-carpeting works. The 24-hour opening of runway is expected […]
Continue Reading... No Comments.Chief Minister Raman Singh on Tuesday informed Chhattisgarh Assembly that the House had earlier passed a private resolution for enabling air connectivity for remote pockets of Jashpur, Ambikapur, Raigarh, Jagdalpur and Korba regions. In a written reply to member R K Rai, the Chief Minister informed that the State Government had floated tenders in 2009 […]
Continue Reading... No Comments.Built by Pawan Hans Limited, a Public Sector Undertaking of the Ministry of Civil Aviation, India’s first heliport has been inaugurated in north Delhi’s Rohini on Tuesday. Union Civil Aviation Minister Ashok Gajapathi Raju inaugurated the heliport. Pawan Hans Ltd Chairman and Managing Director B P Sharma said, “The heliport has come up at an […]
Continue Reading... No Comments.Air Costa(LB, Vijayawada) has announced it has temporarily suspended all flight operations effective immediately. In a statement issued to the Indian press on Tuesday, February 28, a spokesman said the airline had failed to resolve unspecified “financial issues” with GECAS from which it leases four EMB-190s. “We are trying to resolve the issue,” he was […]
Continue Reading... No Comments.Union Minister for Civil Aviation P Ashok Gajapathi Raju suggested better utilisation of the airports under Airport Authority of India as 70 of 125 airports are operational and rest left to cattle grazing. India has 400 airports including many in the private sector. Addressing an interactive session organised by CII Visakhapatnam chapter, the minister said […]
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