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5/20 rule likely to be scrapped by Union government

5/20 rule prevailing in the Indian aviation industry was in news recently Union government is thinking to scrap the rule fulfilling the demand of few private airlines who were asking to relax the rule.

Tags : 5/20 rule , Indian aviation Industry , private airlines

Published on : 24-Sep-2014

Taxes and Poor Infrastructure Biggest Obstacles of Aviation Growth in India: FICCI

A recent survey conducted by EY and FICCI on the aviation sector depicted that there was a need of proper implementation of policies for the aviation sector.

Tags : aviation industry , FICCI , EY , FICCI survey

Published on : 10-Sep-2013

NSDC to open Skill Development Council in Aerospace Aviation in Bangalore

NDSC has planned to create a Skill Development Council for the National Aerospace and Aviation Industry at Bangalore. IT will be operational by year end.

Tags : National Skill Development Council , Skill Development Council , National Aerospace and Aviation Industry

Published on : 07-Aug-2013

Civil Aviation Ministry approved New Traffic Rights to Indian Carriers

Economy Current Affairs November 2012. The Civil Aviation Ministry in the first week of November 2012 approved new traffic rights to Indian carriers for the next three seasons

Tags : Civil Aviation ministry , new traffic rights , Aviation industry

Published on : 11-Nov-2012

Proposal for 51 percent FDI in multi-brand retail and 49 percent in Aviation passed

Economy Current Affairs September 2012.The Union Cabinet on 14 September 2012 cleared the proposal of foreign direct investment (FDI) for 51 percent in the multi-brand retail chains and 49 percent in Aviation power exchanges industry

Tags : Foreign Direct Investment (FDI) , multi-brand retails , Aviation , Kingfisher

Published on : 15-Sep-2012

Air India losses pegged at 28046 Crore Rupees

Economy Current Affairs August 2012. Despite all the efforts made by the government to revive ailing Air India, the losses of the company have been constantly mounting

Tags : Air India , Aviation Industry , India Airlines

Published on : 22-Aug-2012

Cabinet Committee on Economic Affairs approved Rs 30000 crore Bailout for Air India

Economy Current Affairs 2012. Union government approved Rs 30000 crore bailout for Air India. Rs 6750 crore would be infused immediately to meet the airline's working capital requirement

Tags : current affairs April 2012 , Air India , aviation industry in India , working capital loan , bailout package for Air India , Cabinet Committee on Economic Affairs

Published on : 13-Apr-2012

RBI approved Restructuring of Air India's Working Capital Loan Liability of Rs 22000 crore

Corporate/Business Current Affairs 2011. RBI cleared Air India’s loan restructuring proposal thereby extending AI’s loan tenures from 10 to 15 years

Tags : current affairs November 2011 , Corporate Debt Restructuring (CDR) proposal , Reserve Bank of India , Air India , aircraft purchase loans , aviation industry

Published on : 25-Nov-2011

DIPP Proposed 26 per cent Foreign Direct Investment (FDI) in Domestic Airlines

Economy Current Affairs 2011. Department of Industrial Policy and Promotion proposed 26% FDI in domestic airlines

Tags : current affairs November 2011 , Department of Industrial Policy and Promotion , aviation industry , Federation of Indian Airlines , domestic carriers , Indian company laws , Civil Aviation Ministry

Published on : 23-Nov-2011

Rohit Nandan appointed Chairman and Managing Director (CMD) of Air India

India Current Affairs August 2011. Rohit Nandan, a joint secretary in the civil aviation ministry was appointed as Chairman and Managing Director (CMD) of Air India for a three-year term

Tags : current affairs August 2011 , civil aviation ministry , Air India , domestic carriers , aviation industry in India , 2010 Commonwealth Games , Indian Administrative Service

Published on : 25-Aug-2011

GoM to ask State-run Oil Companies to start providing Aviation Turbine Fuel to Air India

Economy Current Affairs August 2011. GoM on Air India decided to ask State-run oil marketing companies to start providing ATF to the cash trapped national carrier, Air India

Tags : current affairs August 2011 , Aviation Turbine Fuel , oil marketing companies , Bharat Petroleum , Indian Oil , Air India , aviation industry

Published on : 19-Aug-2011

Air India Pilots called off strike after Government agreed to Reinstate Sacked Pilots

India Current Affairs 2011. Air India pilots called off their 10-day-old strike on 6 May 2011after Government agreed to reinstate sacked and suspended pilots

Tags : current affairs May 2011 , Air India pilots called off strike , Indian Government agreed to reinstate sacked and suspended pilots , Indian Commercial Pilots Association , Civil Aviation ministry , aviation industry in India , Air India ,

Published on : 07-May-2011

DGCA to serve Show-cause Notices to Four Domestic Carriers for Violating Norms at Dabolim Airport

India Current Affairs 2011. DGCA to serve show-cause notices to four private domestic carriers for violating norms at the Dabolim airport

Tags : current affairs April 2011 , Directorate General of Civil Aviation , private domestic carrirs in India , aviation industry , Dabolim airport in Goa , flight operation

Published on : 13-Apr-2011

Mobile Check-in Facility for Domestic Passengers from Six Metros introduced by Air India

Corporate/Business Current Affairs 2011. mobile check-in facility for its domestic passengers from Delhi, Mumbai, Chennai, Kolkata, Hyderabad and Bengaluru introduced by Air India

Tags : current affairs April 2011 , Air India introduced mobile check-in facility for its domestic passengers , security check and boarding , aviation industry , check-in kiosks for passengers

Published on : 08-Apr-2011

Indian Government asked Oil Companies to Defer air India’s Deadline to Clear Dues

Indian government asked oil companies to defer the deadline given to Air India to clear dues..... Current Affairs 2011

Tags : current affairs March 2011 , domestic carriers in India , aviation industry in India , debt burden of Air India , Air India’s merger with Indian Airlines , current crude prices , aviation turbine fuel to Air India

Published on : 28-Mar-2011

Air France-KLM Acquired Stakes in India’s Max Aerospace

Air France-KLM combine in January 2011 acquired 26% stake in Max Aerospace.

Tags : Indian aviation industry , Air France , Max Aerospace , Indian carriers , MRO facility

Published on : 27-Jan-2011

Low-cost Airline IndiGo Ranked Second

Low-cost airline IndiGo grabbed the second position in the aviation industry.

Tags : aviation industry , aviation , DGCA , low-cost airline , IndiGo , Jet Airways , Air India

Published on : 20-Jan-2011

Air India Hiked Fuel Surcharge

Air India on 5 January 2011 raised fuel surcharge in the wake of increase in aviation fuel prices.

Tags : Air India , aviation industry , domestic airlines , Jet Airways , Kingfisher , aviation fuel prices

Published on : 07-Jan-2011

Goh Choon Phong- New CEO of Singapore Airlines

Goh Choon Phong took charge as the chief executive officer of Singapore Airlines.

Tags : aviation industry , domestic airlines , international flights , Singapore Airlines , Jetstar

Published on : 04-Jan-2011

CCEA Permitted Infusion of Rs 1200 crore in Debt-ridden Air India

CCEA on 30 December 2010 permitted infusion of Rs 1200 crore in state-owned Air India.

Tags : CCEA , Air India , domestic airlines , airlines , aviation industry

Published on : 03-Jan-2011

DGCA Issued Air Transport Circular to Domestic Airlines

DGCA issued Air Transport Circular to Domestic Airlines in November 2010.

Tags : Indian aviation industry , DGCA , Air Transport Circular , airfares

Published on : 23-Nov-2010

Aviation Regulator Sought Explanation from Airlines for Raising Fares

Aviation regulatory authority issued notices to airlines demanding explanation on hightened airfares.

Tags : Indian aviation industry , aviation regulator , civil aviation , airfares

Published on : 18-Nov-2010

Airworks Acquired Air Livery

Aviation-services provider Airworks Engineering Pvt Ltd of India acquired the UK-based aircraft refinishing company Air Livery UK Plc for an estimated amount of Rs 112.5 crore in Feb 2010. Airworks' facility at Hosur airport is expected to be the first dedicated aircraft paint facility in Asia.

Tags : aviation industry , aviation services , aviation service provider , Hosur airport

Published on : 23-Oct-2010

CORP-NELA-Jet Airways Launched Konnect Select

Jet Airways launched a business class section, Konnect Select in its no-frills Jet Konnect flights on 20 April 2010. The objective is to tap the recent buoyancy seen in the corporate travel market.

Tags : aviation industry , Jet Airways , Jet Konnect flights

Published on : 21-Oct-2010

ST Aerospace Won Contract from Jet Airways

Singapore's ST Aerospace on 31 March 2010 secured a 10-year contract worth 750 million US dollars from India's Jet Airways to provide engine maintenance and engineering support. ST Aerospace Engines would maintain the CFM56-7B engines that power the 67 Boeing 737 aircraft that Jet Airways and its budget airline JetLite use.

Tags : aviation , aviation industry , CFM56-7B engines , aerospace engines , Jet Airways , Boeing

Published on : 20-Oct-2010

India Aviation 2010

India Aviation 2010, the second edition of the international civil aviation exhibition and conference began on 3 March 2010 at the Begumpet airport, Hyderabad. 190 companies (115 from abroad) including the likes of Boeing, Airbus, Cessna, Bombardier, Beechcraft and Bell participated in the five-day event from 3 to 7 March 2010 to explore business opportunities with prospective customers.

Tags : aviation industry , Begumpet airport , civil aviation exhibition , India Aviation 2010

Published on : 19-Oct-2010

Corridors Dedicated to Helicopters

The Directorate General of Civil Aviation (DGCA) decided in March 2010 to introduce dedicated corridors at the IGI airport, Delhi and Chattrapati Shivaji International Airport Mumbai and Juhu Airfield airports to ensure safe and efficient operations of helicopters. The helicopter industry had earlier complained of the delay in operations due to air traffic congestion at these airports.

Tags : DGCA , IGI airport , Juhu Airfield , Visual Flight Rules , Kaw Committee , Airports Authority of India ,

Published on : 19-Oct-2010

All-woman Crew Flew Non-stop Flight

Women pilots flew the non-stop flight between Mumbai and New York on 8 March 2010, which is observed as Women's Day, across the globe. The nearly 14-hour-long flight was operated with a double set of women crew supported by women of the National Aviation Company of India Ltd (NACIL), the new company into which Air India and Indian were merged.

Tags : aviation industry , NACIL , Women's Day ,

Published on : 19-Oct-2010

IATA Against Imposition of Service Tax

At a CII meeting organised on 23 Sept 2010, the International Air Transport Association (IATA) criticised the recent move of the Indian Aviation Ministry to impose 10.3% service

Tags : Indian Aviation Industry , International Air Transport Association , International Civil Aviation Organisation , CII ,

Published on : 10-Oct-2010