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Rafale deal: Reliance, Dassault Aviation set up joint venture

The “Dassault Reliance Aerospace” Joint Venture will be a key player in the execution of offset obligations, as a part of the 36 Rafale fighter Jets purchase agreement at a value of  about 59000 crore rupees signed between France and India on 23 September 2016.

Recommended for : Dassault Reliance Aerospace , Reliance-Dassault Aviation joint venture , Defence industry , Reliance Group , Rafale , Dassault Aviation

Publish Date : Oct 6, 2016

Union Ministry of Civil Aviation proposes passenger centric amendmentsto CARs

The Ministry is committed to ensure that flying for most Indians becomes a pleasant experience along with the growth of the Airline industry. Accordingly, it proposed certain amendments to the existing Civil Aviation Requirements (CARs)

Recommended for : Union Ministry of Civil Aviation , Passenger centric amendments

Publish Date : Jun 11, 2016

Committee on Aviation Environmental Protection of ICAO proposed binding carbon emission standards for aviation industry

CAEP has ensured that the full range of sizes and types of aircraft used in international aviation used in present times are covered while proposing the standards.

Recommended for : Committee on Aviation Environmental Protection , ICAO , Carbon emission standards , aviation

Publish Date : Feb 10, 2016

Jet Airways Chief Executive Officer Cramer Ball resigned

On the other hand, Italian airline Alitalia announced that it had appointed Ball as its new CEO.

Recommended for : Cramer Ball , Aviation Industry , Jet Airways , Etihad , Gaurang Shetty , Alitalia

Publish Date : Dec 18, 2015

CCI imposed penalties on 3 Airlines for concerted action in Fixing Fuel Surcharge

The matter was filed by Express Industry Council of India against Jet Airways (India) Ltd, InterGlobe Aviation Limited, Spice Jet Limited, Air India Limited and Go Airlines (India) Limited.

Recommended for : CCI , imposed penalties , Airlines , concerted action , Fixing Fuel Surcharge , transporting cargo

Publish Date : Nov 18, 2015

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.

Recommended for : 5/20 rule , Indian aviation Industry , private airlines

Publish Date : Sep 24, 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.

Recommended for : aviation industry , FICCI , EY , FICCI survey

Publish Date : Sep 10, 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.

Recommended for : National Skill Development Council , Skill Development Council , National Aerospace and Aviation Industry

Publish Date : Aug 7, 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

Recommended for : Civil Aviation ministry , new traffic rights , Aviation industry

Publish Date : Nov 11, 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

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

Publish Date : Sep 15, 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

Recommended for : Air India , Aviation Industry , India Airlines

Publish Date : Aug 22, 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

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

Publish Date : Apr 13, 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

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

Publish Date : Nov 25, 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

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

Publish Date : Nov 23, 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

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

Publish Date : Aug 25, 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

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

Publish Date : Aug 19, 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

Recommended for : 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 ,

Publish Date : May 7, 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

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

Publish Date : Apr 13, 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

Recommended for : 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

Publish Date : Apr 8, 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

Recommended for : 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

Publish Date : Mar 28, 2011

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

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

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

Publish Date : Jan 27, 2011

Low-cost Airline IndiGo Ranked Second

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

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

Publish Date : Jan 20, 2011

Air India Hiked Fuel Surcharge

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

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

Publish Date : Jan 7, 2011

Goh Choon Phong- New CEO of Singapore Airlines

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

Recommended for : aviation industry , domestic airlines , international flights , Singapore Airlines , Jetstar

Publish Date : Jan 4, 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.

Recommended for : CCEA , Air India , domestic airlines , airlines , aviation industry

Publish Date : Jan 3, 2011

DGCA Issued Air Transport Circular to Domestic Airlines

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

Recommended for : Indian aviation industry , DGCA , Air Transport Circular , airfares

Publish Date : Nov 23, 2010

Aviation Regulator Sought Explanation from Airlines for Raising Fares

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

Recommended for : Indian aviation industry , aviation regulator , civil aviation , airfares

Publish Date : Nov 18, 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.

Recommended for : aviation industry , aviation services , aviation service provider , Hosur airport

Publish Date : Oct 23, 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.

Recommended for : aviation industry , Jet Airways , Jet Konnect flights

Publish Date : Oct 21, 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.

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

Publish Date : Oct 20, 2010
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