Category Archives: Aviation
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IndiGo makes formal offer to buy Air India’s international operations
Posted on June 30, 2017 by Diligentia News in Aviation.BENGALURU, JUNE 29: The first official “interest” in acquiring national carrier Air India has come from the most unexpected source, the low-cost IndiGo. On the face of it, IndiGo and Air India are more like chalk and cheese. The former is an ultra low-cost airline while Air India, called the Maharaja, operates like one. In […]
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IATA flags information gaps, seeks clarification on GST
Posted on June 30, 2017 by Diligentia News in Aviation.Global airlines body International Air Transport Association (IATA) today sought clarifications on the tax treatment of air travels under Goods and Services Tax (GST) and claimed that there were “information gaps” regarding the implementation of the new tax regime. The aviation ministry, too, had earlier sought postponement of the GST implementation by two months on […]
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National no-fly list: Aviation ministry meeting inconclusive, no consensus on bringing crew, ground staff under ambit
Posted on June 30, 2017 by Diligentia News in Aviation.A meeting on Wednesday on a national no-fly list for unruly passengers was inconclusive as top officials of the ministry of civil aviation debated whether airline crew and ground staff should also be covered in the list. A framework for a no-fly list for unruly passengers is in the last stages of being finalised and […]
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Debt biggest challenge for Air India’s disinvestment
Posted on June 30, 2017 by Diligentia News in Aviation.The Group of Ministers headed by Finance Minster Arun Jaitley will take a call on key issues that will make debt-laden Air India’s stake sale to private players more attractive. The Ministerial group will consider hiving off Air India’s assets and a portion of its non-aircraft debt to a special purpose vehicle (SPV) as a […]
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Domestic airlines eye bigger share of foreign traffic
Posted on June 28, 2017 by Diligentia News in Aviation.Unlike many countries, international air traffic to and from India continues to be dominated by foreign airlines, primarily from West Asia. But Indian carriers have been growing their share of the pie steadily. From about 30 per cent in FY14, the share of domestic airlines in India’s international traffic rose to 34 per cent in […]
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USIBC sets up India task force on civil aviation
Posted on June 28, 2017 by Diligentia News in Aviation.The US-India Business Council has constituted a task force to identify opportunities in the Indian civil aviation sector. The task force, chaired by engine maker Pratt & Whitney’s managing director (India) Palash Roy Chowdhury, will focus on identifying opportunities based on the National Civil Aviation Policy (NCAP), a release said. Amber Dubey, partner and head […]
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Need to make commercial planes in India, says SpiceJet chief
Posted on June 28, 2017 by Diligentia News in Aviation.India should come out with policy initiatives for local manufacturing of commercial planes as its aviation market is poised to become the third largest in the world, SpiceJet chief Ajay Singh said. SpiceJet got a shout-out from US President Donald Trump, as he stood along with Prime Minister Narendra Modi in the White House Rose […]
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Donald Trump lauds SpiceJet’s $22-billion order to Boeing
Posted on June 28, 2017 by Diligentia News in Aviation.SpiceJet has been cited by President Donald Trump for doing its bit to create US jobs through a $22-billion order for Boeing planes, capping a turnaround effort by the airline that had been on the brink of closure in 2014. “I was pleased to learn of an Indian airline’s (SpiceJet) recent order of 100 new […]
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Air India: Divestment of govt stake unlikely this financial year
Posted on June 27, 2017 by Diligentia News in Aviation.As discussions around Air India pick up steam in the government, the process of actually divesting the national carrier will be a long drawn one and will require multiple cabinet approvals, Business Standard has learnt. Senior government officials who are part of the deliberations said at least two approvals of the Union Cabinet, led by […]
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Surjewala upset over Jewar airport
Posted on June 27, 2017 by Diligentia News in Aviation.Haryana Congress MLA Randeep Singh Surjewala has taken strong exception to the recent decision of the Central government to set up an international airport at Jewar in Uttar Pradesh, saying that the interests of Haryana were being sacrificed at the “altar of political expediency”. Mr. Surjewala, who represents Kaithal in the Haryana Legislative Assembly, said […]
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