Category Archives: Aviation
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Defence airports need DGCA certificate for scheduled flights
Posted on February 27, 2017 by Diligentia News in Aviation.From next year onwards, scheduled flight operations will be allowed from defence airports only if they have been certified by DGCA, according to the civil aviation ministry. With certain issues still to be sorted out between civil aviation and defence ministries, the deadline has been extended to December 31, 2017, a senior DGCA official said. […]
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SoBo to get direct connect to new airport via MTHL
Posted on February 27, 2017 by Diligentia News in Aviation.The road route through the 22-km Mumbai Trans Harbour Link (MTHL) will provide direct connectivity to passengers from south Mumbai to the upcoming international airport. The SoBo motorists can take a left turn from Shivaji Nagar, Ulwe to head for the western side of the airport. Cidco chief engineer, K K Varkhedkar said, “The MTHL […]
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PM Modi’s single election trip causes crores in losses and wastes approx 40,000 tax paying Indians’ time
Posted on February 27, 2017 by Diligentia News in Aviation.Prime Minister Narendra Modi has been the biggest star campaigner for the BJP in the ongoing assembly polls in five states, namely Uttar Pradesh, Punjab, Uttarakhand, Manipur and Goa. And, just like in the past, the ‘hard-working’ prime minister has been spending most of his time on campaign trail than in Delhi. Experts say that […]
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AAI pays Rs 560 Crore interim dividend to government for 2016-17
Posted on February 23, 2017 by Diligentia News in Aviation.Airports Authority of India (AAI), which is 100% owned by the government, today announced an Interim Dividend payment of Rs 560 crore for the year 2016-17 to its promoter. “AAI has earned a Revenue of Rs 10,824 crore and a profit before tax of Rs 3,697 crores and Profit after tax of Rs 2,537 Crores […]
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Airbus says profit hit by military plane woes
Posted on February 23, 2017 by Diligentia News in Aviation.European airplane maker Airbus said today that its profits nosedived last year as charges related to problems with its A400M military cargo transport plane sent earnings into a tailspin. Airbus said in a statement that its bottom-line net profit plummeted by 63 per cent to 995 million euros (USD 1.0 billion) last year, shot down […]
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Jet Airways, HongKong Airlines ink codeshare agreement
Posted on February 23, 2017 by Diligentia News in Aviation.As part of the reciprocal agreement, Jet Airways will place its marketing code “9W” on Hong Kong Airlines’ flights operating between Hong Kong and Okinawa and Tokyo in Japan; Denpasar in Indonesia; Hanoi in Vietnam; Bangkok in Thailand; and Auckland in New Zealand. Hong Kong Airlines in turn, will place its marketing code “HX” on […]
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Indian Aviation Industry’s Profitability At Risk, Pricing Holds The Key
Posted on February 23, 2017 by Diligentia News in Aviation.A year after posting first profits in a decade, India’s aviation industry is expected to slip back into the red in the ongoing and the next fiscal. Limited ability to hike fares, rising crude oil prices and aggressive borrowing plans to buy planes may eat into the profitability of Indian carriers in the financial years […]
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Panel against auctioning of flying rights to neighbouring countries
Posted on February 22, 2017 by Diligentia News in Aviation.A panel that includes India’s top federal official did not favour a proposal that had sought auctioning of flying rights to airlines flying to the country from its immediate neighbourhood. The Committee of Secretaries (CoS), which met in the second week of February, did not favour the Civil Aviation Ministry’s proposal on the ground that […]
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SpiceJet says India’s $85 billion plane orders still not enough
Posted on February 22, 2017 by Diligentia News in Aviation.ndia’s airlines have ordered about 850 planes valued at about $85 billion in recent years. SpiceJet Ltd, a budget carrier, says that’s still not enough to meet demand. SpiceJet, which last month ordered as many as 205 Boeing Co. jets worth $22 billion, is being rather conservative with its purchases, the carrier’s chairman Ajay Singh […]
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Qatar Airways looking at potential Indian carriers for collaboration
Posted on February 22, 2017 by Diligentia News in Aviation.Qatar Airways, which is interested in partnering with Indian carrier for expanding its air operations to India is looking at potential Indian carriers for collaboration, as it is eyeing to tap India’s civil aviation space. Sources said the airline is exploring for an opportunity to tie-up with existing Indian carrier, both regional and airlines’ having […]
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