Category Archives: Aviation

• Policy Not Enough, Regional Carriers Seek Active Support

  Posted on July 20, 2016 by Diligentia News in Aviation.

  The draft policy outline issued for feedback and suggestion on the much-hyped Regional Connectivity Scheme (RCS) by the civil aviation ministry promises lucrative airfares linked to distance travelled. But regional airlines and business aircraft operators want concrete measures in order to make RCS a success. Last week, when a delegation of the Business Aircraft Operators […]

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• 100% FDI in aviation: Future domestic airline completely foreign owned? ICAO clears fog

  Posted on July 20, 2016 by Diligentia News in Aviation.

  The International Civil Aviation Organization, a United Nations body that sets guidelines and standards for the sector, has allayed concerns that a foreign-owned airline operating from India may have legal and procedural issues in obtaining seats under bilateral rights for flying abroad. The air service agreements (ASAs) signed between any two countries usually mandate that […]

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• India will need aircraft worth USD 265 bn in 20 years: Boeing

  Posted on July 20, 2016 by Diligentia News in Aviation.

  Boeing Corporation today sounded bullish about the Indian aviation sector, the fastest-growing market in the world in terms of passenger traffic, saying the country will need as many as 1,850 new airplanes worth USD 265 billion over the next 20 years. The Seattle-based aircraft maker had last year predicted a demand for 1,740 new airplanes […]

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• Air India, SpiceJet, Jet Airways top in reputation rankings

  Posted on July 20, 2016 by Diligentia News in Aviation.

  Despite all the ills it is facing on the on-time performance and staff discipline, the national carrier Air India tops when it comes to brand reputation, followed by low-cost carrier SpiceJet and Jet Airways. Among the international carriers, it is Singapore Airlines that leads the ranking, followed by Etihad and Emirates, says TRA (Trust Research […]

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• Aviation Ministry announces levy of taxes on large airlines

  Posted on July 20, 2016 by Diligentia News in Aviation.

  As per the National Civil Aviation Policy, 2016, to ensure uniformity and level playing field across various airport operators, future tariffs at all airports will be calculated on a ‘hybrid till’ basis, unless otherwise specified for any project being bid out in future. It is also provided that 30% of non-aeronautical revenue will be used […]

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• Aviation Ministry seeks Rs 4,650 crore to revive 50 airports

  Posted on July 20, 2016 by Diligentia News in Aviation.

  Ministry of Civil Aviation has sought a budgetary provision of Rs 4,650 crore to revive 50 un-served and under-served airports and airstrips as it looks to boost regional air connectivity in the country. The expenses related to 32 Airports Authority of India (AAI) owned aerodromes, where there were no aircraft movements, stood at nearly Rs […]

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• Vistara mulls regional Tier II, III India operations

  Posted on July 19, 2016 by Diligentia News in Aviation.

  istara Chief Strategy and Commercial Officer, Sanjiv Kapoor, says the carrier is considering branching into the regional commuter carrier business using 70-seater aircraft. Speaking to DNA India, Kapoor said the subsidiary, tentatively named Vistara Express, would focus on feeding traffic from smaller Tier II and III towns into larger metropolitan hubs such as Mumbai Int’l, […]

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• Book LTC tickets on lowest fare or face action: Govt to staff

  Posted on July 19, 2016 by Diligentia News in Aviation.

  Employees who fail to buy air tickets at the lowest price available on the day while undertaking journey on Leave Travel Concession (LTC) claim will face severe penal action, as per the draft guidelines finalised by the Centre. The move comes after the government noticed instances where some of its employees colluded with private travel […]

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• Aranmula airport: KGS submits new application seeking environmental sanction

  Posted on July 19, 2016 by Diligentia News in Aviation.

  Aranmula Project promoters KGS Group has given a new application to Union environmental ministry, seeking environmental sanction to build airport at Aranmula in Pathanamthitta district. The ministry will consider the application on July 29. The stand taken by the State government then will be decisive. Former UDF government had taken a favourable stand towards Aranmula […]

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• Air India looks to fly into profit by 2019-20; wants govt to clear Rs 10,500 crore NCDs

  Posted on July 19, 2016 by Diligentia News in Aviation.

  Air India has approached the government asking it to guarantee non-convertible debentures (NCD) worth `10,500 crore that it wants to issue against long-terms debt on its books. Converting loans into NCDs would bring down the interest rate by about 2%, senior executives at the airline explained. The country’s national carrier also plans to use the […]

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