In October 2012, Kingfisher Airlines stopped operations because its engineers refused to certify aircraft fit for flying. This was a culmination of a long list of woes that the airline was facing. What happened over the next few months is well documented. Eventually, the airline’s flying permit expired and it never flew again. In December […]
Continue Reading... No Comments.Air India may recruit about 500 pilots and over 1,500 cabin crew in next two to three years to meet the requirement as the fleet size is expected to increase considerably, a senior official has said. “We are planning to have 700 more pilots in the next two to three years keeping in view the […]
Continue Reading... No Comments.The Airports Economic Regulatory Authority (AERA) has corrected the anomaly in its earlier tariff orders and has exempted aircraft with 80 seats or less from being charged a landing fee, a move that’s going to give a fillip to the regional connectivity plan. According to an earlier tariff order, which is still in force, AERA […]
Continue Reading... No Comments.The Kingfisher Airlines Limited, a holding company of Vijay Mallya, said it is not liable to repay over Rs 6,000 crore debt to the consortium of banks as the lenders have breached terms and conditions of Master Debt Restructuring Agreement between both parties, which caused needless damages to the firm’s business. Resuming the hearing on […]
Continue Reading... No Comments.The domestic airlines carried 79.75 lakh passengers in June, a jump of 20.81 per cent over the 66.01 lakh passengers flown during the same period in the previous year. The latest data released by the Directorate General of Civil Aviation shows that IndiGo has retained its number one position having flown 30.23 lakh passengers with […]
Continue Reading... No Comments.Government intervening to reduce airfare charged by domestic airlines on international routes will not only violate Indian law but will also be anti competitive, Union Minister Jayant Sinha said today. Emphasising that airfares are driven by market forces, he said as the demand goes up, the seats on lower fare levels get filled. “An intervention […]
Continue Reading... No Comments.Air India may have improved its financial performance on the back of low fuel prices, but the Prime Minister’s Office (PMO) doesn’t seem convinced about the flag carrier’s revival story. The PMO has asked the airline to improve its performance on all fronts. It wants on-time performance improved to at least 85 per cent, revenues […]
Continue Reading... No Comments.A fairly big shortage of pilots two years down the line — estimated at around 2,000 — could drive up costs for airlines. While employee costs constitute around10% of an airline’s overall revenues, the need to pay pilots more may push up expenses on this front. Although the country has over 5,000 commercial pilots currently, […]
Continue Reading... No Comments.A new terminal will be constructed at Leh airport with an investment of around Rs 200 crore which will increase the passenger handling capacity, Civil Aviation Minister Ashok Gajapathi Raju said today. With the new terminal, the peak hour passenger capacity is expected to go up to 800 from current level of 250. State-owned Airports […]
Continue Reading... No Comments.Government today extended till July 31 the date for stakeholders to submit their suggestions and comments on the draft Regional Connectivity Scheme (RCS), a move which is likely to delay its implementation. All stakeholders, including airlines, state governments, among others, were earlier given time till today to send their suggestions and comments on the ambitious […]
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