Page 5 - Civil Aviation Sector

Passengers' Gain: Competition to soar as new players enter aviation sector

Competition is expected to soar in India's aviation sector during 2022, as new players enter the industry along with deeper penetration of air transport in hinterland

Airports sector to see Rs 90,000 cr investments in 5 years: Official

The civil aviation sector, which was battered by the coronavirus pandemic that had also resulted in the suspension of domestic and international flight services, is slowly on the recovery path

Jyotiraditya Scindia urges states, UTs to cut tax on jet fuel

Scindia has been urging states and UTs to reduce Value Added Tax (VAT) on Aviation Turbine Fuel (ATF)

India extends ban on international commercial flights till Nov 30

This restriction does not apply to international all-cargo operations and flights specifically approved by the DGCA

Air India sale: The pangs ahead of the eventual deal with the Tata group

A revamped Alternative Mechanism, the option of closing down the airline and removal of aviation ministry helped seal a deal that had found no takers for years

How 9/11 attack and coronavirus pandemic hit civil aviation industry

In late 2001, after the Twin Towers fell, the aviation industry experienced many of the problems it is seeing now. Airlines bled

Draft drone rules propose to make it easy to operate the aerial vehicles

The new rules, the ministry said, have been built on a premise of trust, self-certification and non-intrusive monitoring

Aviation firms in talks with banks to raise debt under modified ECLGS

On Sunday govt allowed firms in civil aviation sector that are facing headwinds to borrow up to Rs 200 cr fresh loan under the scheme

Govt expands credit lifeline for MSMEs amid second wave of Covid-19

Scheme removes the ceiling of outstanding loans of Rs 500 crore, keeps government's guarantee cover of Rs 3 trillion.

SpiceJet to start Covid-19 vaccination drive for all employees from May 17

Budget carrier SpiceJet has said it will start a company-sponsored vaccination drive for all its employees from May 17. The drive will commence from Delhi and Gurugram, which is SpiceJet's headquarters, and will cover the airline's employees across all the stations on its network, a release said on Wednesday. SpiceJet said it has around 15,000 employees. Other carriers like Air India, Vistara, IndiGo and GoAir and AirAsia India have already rolled vaccination drives for their employees. The first ones to get vaccinated will be the frontline employees of the airline including airport staff and in-flight crew, SpiceJet said. The vaccination program will be undertaken as per government rules and guidelines and basis the availability of the vaccine, SpiceJet said. The airline will also make efforts to facilitate vaccination for the families of employees going forward, it added. At SpiceJet, the health and safety of our passengers and employees is our topmost priority. Vaccination is

Consider aviation workers as priority for vaccination: Aviation secretary

Nearly 8 million people applied for vaccination in three hours on the first day of registrations

Air India sale: A previously rejected plan resurfaces as a fall-back option

The fall-back option under discussion is to allow Air India Express to raise money through the market by listing on the bourses

Saving SpiceJet: Promoter Ajay Singh faces his toughest challenge

With a series of default notices and sceptical banks, the promoter has a formidable challenge

Spike in Covid-19 cases to delay recovery in air passenger traffic: Report

With the rise in the cases across metros, new restrictions cannot be ruled out that could further impact the traffic movement, ICRA said.

Demand for air travel in February down 74.7% compared to 2019: IATA

The total demand for air travel in February measured in revenue passenger kilometres was down 74.7 per cent compared to February 2019, the International Air Transport Association (IATA) has said.

Hand luggage-only fare: Up to 15% cheaper for flyers, airlines benefit too

Aviation regulator DGCA on Friday allowed airlines to unbundle services including check-in baggage, meaning airlines can charge extra for them

HAL, GE Aviation sign over Rs 100 crore contract for supply of forgings

The contract is for development and supply of ring forgings for its Aviation military and commercial engine programs

Indigo, SpiceJet are on a breakout and ready to fly higher, charts suggest

A surprising spurt on Indigo share, the Spicejet crossing the resistance indicate breakout in progress.

IndiGo to deliberate on raising of funds as company posts highest loss

The development comes a day after the company posted its highest ever quarterly net loss at Rs 2,844.3 crore for the first quarter of 2020-21

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