About 44 airports across the country including seven in Northeastern States have “high potential” for operations under the ambitious Regional Connectivity Scheme (RCS) for civil aviation, UDAN, according to a report brought out by apex industry body FICCI. “Based on the geographical, operational and commercial parameters, 44 out of the 414 underserved and unserved airports […]
Continue Reading... No Comments.A major acquisition by Indian budget airline SpiceJet this week underscored the vast potential of the world’s fastest-growing aviation market, but experts say woefully inadequate infrastructure and high operating costs could threaten the industry’s rapid expansion. India’s burgeoning middle classes are taking to the skies in ever greater numbers, with passenger growth of 20 percent […]
Continue Reading... No Comments.According to Civil Aviation Secretary RN Choubey, if about $10 Billion is spent on airport infrastructure in the five years then India will become the world’s third largest in the aviation market in next seven years. There are around 400 unused lands across the country, which have become useful for the cattles for grazing. These […]
Continue Reading... No Comments.The government has given the long-awaited security clearance to billionaire Prem Watsa’s proposed investment in the GVK-led Bangalore International Airport (BIAL). A GVK spokesman confirmed the development and said this will pave the way for the deal “to be concluded very soon”. Sources said the security clearance had been recommended by the Ministry of Home […]
Continue Reading... No Comments.The civil aviation ministry, as part of its Budget recommendations, has sought a reduction in excise duty on aviation turbine fuel (ATF), or jet fuel, to 8% from 14%, by rolling back an increase made last year. The government had raised the duty to compensate for its tax loss, as global crude oil prices fell […]
Continue Reading... No Comments.In a clear indication of not being impacted by the government’s demonetisation move, which has seen sectors witnessing drop in demand, air passengers flown by airlines during December grew by 23.91% over same month last year, shows data released today by Directorate General of Civil Aviation (DGCA). The aviation sector, in terms of passenger growth, […]
Continue Reading... No Comments.With the armed forces projecting the need for some 700 helicopters — light utility and armed — the Defence Ministry (MoD) has asked the public sector giant Hindustan Aeronautics Limited (HAL) to ramp up production, speed up existing under-development projects and start out-sourcing work. The HAL, headquartered at Bengaluru, produces some 22-24 advanced light helicopters […]
Continue Reading... No Comments.With CBI registering a case related to software procurement at Air India, airline chief Ashwani Lohani today termed it as a “shock” saying the omnipresent shadow of vigilance and other probe agencies over processes undertaken by the executive has caused maximum damage to the public sector. The case has come as a shock because ostensibly […]
Continue Reading... No Comments.About 44 airports across the country have “high potential” for operations under the ambitious Regional Connectivity Scheme (RCS) for civil aviation, UDAN, according to a report brought out by apex industry body FICCI has said. “Based on the geographical, operational and commercial parameters, 44 out of the 414 underserved and unserved airports have high potential […]
Continue Reading... No Comments.The government is now working on a national level plan to make unused airstrips operational again, which will offer easy air connectivity to the people who are living in far-flung areas of the country. For this, the government will be spending Rs.16,000 crore in the next five years to upgrade the airport infrastructure, said Civil […]
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