The Airports Authority of India (AAI) and Bihar government will sign the land transfer agreement on Tuesday for expansion of the terminal building of Jayaprakash Narayan International Airport. Union civil aviation secretary R N Choubey and Bihar chief secretary Anjani Kumar Singh would hold a meeting for transfer of around 13 acres of land near […]
Continue Reading... No Comments.The government’s passenger-centric initiatives such as limiting cancellation charges and reducing passenger baggage fees have hit airlines’ revenue from ancillary sources. IndiGo, which announced its September quarter results last week, saw its ancillary revenue record a sequential decline of 3.8 per cent, compared with the double-digit growth in previous quarters. For the September quarter, revenue […]
Continue Reading... No Comments.Last month, Jet Airways introduced wide-body services on two of its busiest domestic routes — Mumbai-Delhi-Mumbai and Delhi-Kolkata-Delhi — in a move that significantly enhanced connectivity, besides boosting capacity on these key sectors. The double-aisle Airbus A330 that was deployed, puts the airline in a niche club of Indian carriers that boast of such large […]
Continue Reading... No Comments.Defence minister Manohar Parrikar said the international airport at Dabolim will not be shut down even after Mopa international airport starts operations. Also, four-lanning or six-lanning of NH 4-A and 17-A will be done simultaneously along with Mopa airport, Parrikar said after Prime Minister Narendra Modi on Sunday unveiled a plaque to lay foundation stone […]
Continue Reading... No Comments.The Coimbatore airport is still lagging behind some other airports in the two-tier cities in terms of passenger traffic, largely due to the lack of connectivity to smaller cities in the country and abroad. While the city has recorded a 22% rise in passenger traffic, higher than the 15% increase recorded by Trichy airport and […]
Continue Reading... No Comments.Industries and Manufacturers’ Association (NIMA), an apex body of industries have engaged in promoting industrial development across the district. In an interview with TOI’s Tushar Pawar, chairman of infrastructure committee of NIMA, Manish Rawal talks about various activities the association has initiated and their efforts in promoting industrial development across the city. What is the […]
Continue Reading... No Comments.Apprehending a “spiralling” effect on airfares in view of the government’s decision to charge a levy up to Rs 8,500 per flight on major routes to fund the ambitious regional air connectivity, fliers body (APAI) has termed the move as “regressive and unwarranted”. The Regional Connectivity Plan (RCP) packaged as a scheme “to make flying […]
Continue Reading... No Comments.Security clearance for Prem Watsa’s investment in Bengaluru airport is turning out to be a headache for authorities as the Centre dithers over the issue, raising uncertainties over the stake purchase by the Indian-origin Canadian billionaire. Karnataka has declined to get involved in the process of granting security clearance for the transaction after the Ministry […]
Continue Reading... No Comments.Jet Airways posted a muted profit growth in Q2 FY 17 on account of provisioning for potential loss on sale of its three Airbus A330 aircraft. While revenue grew 3.2% to Rs 5,682 crore and the airline’s fuel cost dipped, consolidated profit grew 2.4% to Rs 85 crore on a year-on-year basis. In Q2 FY16, […]
Continue Reading... No Comments.If the Narendra Modi government initiative ‘UDAN’ (Ude Desh ke Aam Nagrik) scheme excited you to enjoy your first flight – there is bad news. The government on Friday announced increase in the base fares on popular routes from the metro cities. The scheme aims to connect small places by air, which basically involves Tier […]
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