Want to own your own airline? Harshvardhan — former Vayudoot chief — might have a plan for you. Eager to start a second innings in the Indian skies, as an entrepreneur he is bringing the franchise model of ownership — typically followed by global QSR chains like Dominos and MacDonalds. He is envisaging Star Air […]
Continue Reading... No Comments.At a time the aviation sector is struggling to cut down on losses, India’s lawmakers, who enjoy quota in railways and travel like maharajas in the loss-making Air India, are eyeing reservation in private carriers. The lawmakers say when parliament is in session, travelling by air is inconvenient, since seats are not always available. So […]
Continue Reading... No Comments.Even as the land acquisition process is going on for Gannavaran airport modernisation, the state government’s approval for a greenfield airport at Mangalagiri, just 35 km away from it, has given rise to many apprehensions from various quarters. Experts, including those from the aviation sector, point out that a second airport in such close proximity […]
Continue Reading... No Comments.Is Pune finally getting a new airport? After waiting for so many years, is it finally happening? Pune badly needs an airport of its own. Technically, the Chief Minister and the Airports Authority of India has zeroed in on the land. Roughly, area will be 18 square kilometres. But the final site has to be […]
Continue Reading... No Comments.Government expects the first flight under the regional air connectivity scheme, which is in advanced stages of finalisation, to take off in early January 2017, Civil Aviation Minister Ashok Gajapathi Raju has said. The Regional Connectivity Scheme (RCS), which seeks to provide air services between un-served and under-served areas, is part of larger plans to […]
Continue Reading... No Comments.Cochin International Airport Ltd has registered 21 per cent growth in its net profit at ?175.22 crore in FY16. The company’s turnover also posted a 27 per cent growth at ?524.53 crore. The director board, which met here on Tuesday, also ratified a proposal to release 25 per cent dividend to the 18,000 investors, resulting […]
Continue Reading... No Comments.Government expects the first flight under the regional air connectivity scheme, which is in advanced stages of finalisation, to take off in early January 2017, Civil Aviation Minister Ashok Gajapathi Raju has said. The Regional Connectivity Scheme (RCS), which seeks to provide air services between un-served and under-served areas, is part of larger plans to […]
Continue Reading... No Comments.Air India’s turnaround — announced by Prime Minister Narendra Modi in his Independence Day Speech — seems unlikely, as the national carrier has reported operating loss of Rs 246 crore during the first quarter of the current fiscal. The first quarter loss has narrowed from Rs 316 crore during the same period last year, it […]
Continue Reading... No Comments.The Indira Gandhi International (IGI) airport on Tuesday became the first airport in Asia-Pacific to achieve the carbon neutral status. The Airports Council International (ACI) announced IGI’s achievement during the airport carbon accreditation certificate presentation ceremony in Montreal, Canada. The same body awarded IGI the world’s number one position (in 25-40 million passengers per annum […]
Continue Reading... No Comments.Bangalore International Airport Ltd (BIAL) has announced new ground traffic arrangements at the Kempegowda International Airport, Bengaluru. In an effort to streamline traffic moving in and out of the airport, BIAL has implemented lateral segregation of the departure and arrival zones at the terminal by introducing two separate routes for vehicles drop-offs and pick-ups. The […]
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