civil aviation sector

FDI in aviation boosts airlines’ stocks


September 17th, 2012 - 11:24 pm ICT by IANS
Mumbai, Sep 17 (IANS) Scrips of major domestic airlines soared Monday after the government allowed foreign investments by international airlines into domestic airline industry.Scrip of the cash-strapped Kingfisher Airlines touched ... Read more...

Posted in Business |

Ministers who matter in Manmohan’s cabinet


September 6th, 2012 - 3:42 pm ICT by IANS
The slew of ministerial groups set up by Prime Minister Manmohan Singh to assist in consensus-building and decision-making, once headed by Pranab Mukherjee, who was then the finance minister and ... Read more...

Posted in Uncategorized |

India’s domestic aviation sector worst performer globally


August 30th, 2012 - 6:29 pm ICT by IANS
New Delhi, Aug 30 (IANS) India's civil aviation sector was the worst performer globally in July as the domestic passenger traffic contracted 1.1 percent year-on-year, the International Air Transport Association ... Read more...

Posted in Business |

Civil Aviation Authority to replace regulator DGCA: Ajit Singh


July 17th, 2012 - 8:48 pm ICT by IANS
Bangalore, July 17 (IANS) Aviation regulator Directorate General of Civil Aviation (DGCA) would soon be replaced with a Civil Aviation Authority (CAA) to regulate the troubled sector, which has been ... Read more...

Posted in Business |

AI’s contingency plan in place, only one flight cancelled


May 16th, 2012 - 4:21 pm ICT by IANS
New Delhi/Mumbai, May 16 (IANS) Air India Wednesday implemented its contingency plan to salvage its international operations by clubbing flights to destinations in Europe and the US as the ... Read more...

Posted in Business |

Minister tells pilots grievances will be heard (Lead)


May 15th, 2012 - 10:18 pm ICT by IANS
New Delhi/Mumbai, May 15 (IANS) Civil Aviation Minister Ajit Singh Tuesday assured the striking pilots that all their grievances will be addressed and asked them to resume duties saying ... Read more...

Posted in Business |

Who grounded Tata bid to start an airline?


April 20th, 2012 - 7:07 pm ICT by IANS
New Delhi, April 20 (IANS) In 1997, then civil aviation minister C.M. Ibrahim acted under pressure from Jet Airways to thwart the Tata group's bid to start an airline in ... Read more...

Posted in Politics |

RBI to notify proposal allowing airlines to access foreign funds


April 19th, 2012 - 9:43 pm ICT by IANS
New Delhi, April 19 (IANS) The government Thursday said it expects the Reserve Bank of India (RBI) to notify the budget announcement of allowing the cash-strapped Indian civil aviation ... Read more...

Posted in Business |

‘India to become third largest aviation market’


April 4th, 2012 - 12:00 am ICT by IANS
New Delhi, April 3 (IANS) India is likely to become the third largest aviation market in the world from its current position as traffic volumes grow exponentially, a top ... Read more...

Posted in Business |

New Zealand keen to partner India in aviation development


March 20th, 2012 - 12:16 pm ICT by IANS
Hyderabad, March 20 (IANS) New Zealand, which claims to have the highest per capita ratio of aircraft, is ready to help India in airport development and pilot training to achieve ... Read more...

Posted in Business |

Budget allows airlines to access foreign funds (Second Lead)


March 16th, 2012 - 9:49 pm ICT by IANS
New Delhi, March 16 (IANS) In a bid to address concerns of the cash-strapped Indian civil aviation sector, Finance Minister Pranab Mukherjee said Friday domestic airlines could borrow up ... Read more...

Posted in Business |

Budget proposes allows airlines to access foreign funds


March 16th, 2012 - 4:12 pm ICT by IANS
New Delhi, March 16 (IANS) In a bid to address concerns of the cash-strapped Indian civil aviation sector, Finance Minister Pranab Mukherjee Friday proposed to allow domestic airlines to ... Read more...

Posted in Business |

Budget allows airlines to access foreign funds, cuts customs duty on parts (Lead)


March 16th, 2012 - 4:11 pm ICT by IANS
New Delhi, March 16 (IANS) In a bid to address concerns of the cash-strapped Indian civil aviation sector, Finance Minister Pranab Mukherjee said Friday domestic airlines could borrow up ... Read more...

Posted in Business |

Action plan mooted to make India global aviation hub


March 15th, 2012 - 5:29 pm ICT by IANS
Hyderabad, March 15 (IANS) India can be a global aviation hub and the third largest aviation market in the world by 2020 if an eight-point action plan is pursued, ... Read more...

Posted in Business |

‘Civil aviation sector up 18.5 percent in seven years’


March 15th, 2012 - 5:06 pm ICT by IANS
New Delhi, March 15 (IANS) India's financially troubled civil aviation sector grew at 18.5 percent in the last seven years and the government has taken various steps to resolve ... Read more...

Posted in Business |

Book catches fascinating flight of Indian aviation


March 15th, 2012 - 3:17 pm ICT by IANS
Hyderabad, March 15 (IANS) Did you know that as many as 10 private airlines were operating in India in 1948? Or that the air ticket between Calcutta and Delhi cost ... Read more...

Posted in Life Style |

ISRO bets on satellite navigation for aviation services


February 23rd, 2012 - 10:09 pm ICT by IANS
Bangalore, Feb 23 (IANS) The Indian space agency Thursday stressed on the use of satellite-based navigation signals to provide real-time and efficient aviation services in the country."We have identified ... Read more...

Posted in Sci-Tech |

Government notifies direct fuel import by airlines


February 22nd, 2012 - 11:06 pm ICT by IANS
New Delhi, Feb 22 (IANS) The Indian government Wednesday notified direct import of jet fuel -- a long standing demand of the domestic airline industry -- and called upon ... Read more...

Posted in Business |

Airlines should tie-up with suppliers to import jet fuel


February 16th, 2012 - 9:38 pm ICT by IANS
New Delhi, Feb 16 (IANS) The civil aviation ministry Thursday said domestic airlines interested in importing jet fuel should tie up with suppliers who have the infrastructure to import ... Read more...

Posted in Business |

Growth slows in US service sector


December 6th, 2011 - 11:45 am ICT by IANS
New York, Dec 6 (IANS/EFE) The service sector, which accounts for more than 75 percent of US economic activity, expanded last month at the slowest pace in nearly two years, ... Read more...

Posted in Business |

Mallya to ground low-cost Kingfisher Red in four months


September 28th, 2011 - 10:14 pm ICT by IANS
Bangalore, Sep 28 (IANS) 'King of good times' Vijay Mallya Wednesday decided to ground his low-cost Kingfisher Red brand by January 31, 2012 as his cash-strapped airline firm hit turbulence ... Read more...

Posted in Business |

Manpower shortage leading to pilots faking licenses: MPs


August 15th, 2011 - 2:35 pm ICT by IANS
New Delhi, Aug 15 (IANS) A parliamentary committee has said it is no surprise that pilot licenses are being acquired with fake certificates when an alarming manpower shortage is plaguing ... Read more...

Posted in Uncategorized |

‘Chopper carrying Khandu was new, but unfit for such terrain’


May 4th, 2011 - 6:14 pm ICT by IANS
New Delhi, May 4 (IANS) The helicopter ferrying Arunachal Pradesh Chief Minister Dorjee Khandu, which crashed last Saturday, was new and registered in July last year, but it had just ... Read more...

Posted in Business |

Northeast to get Rs.93 crore for airport development


February 28th, 2011 - 6:28 pm ICT by IANS
New Delhi, Feb 28 (IANS) Giving a major boost to the air transport segment for the remote northeast region, the government Monday allocated Rs.93 crore in the union budget 2011-12 to ... Read more...

Posted in Business |

Domestic air traffic up 19 percent: Economic Survey


February 25th, 2011 - 4:56 pm ICT by IANS
New Delhi, Feb 25 (IANS) At 51.53 million, domestic air passenger traffic grew by 19 percent in 2010 compared to 43.3 million in 2009, according to the Economic Survey 2010-11 tabled ... Read more...

Posted in Business |

50 percent infrastructure projects delayed: Economic Survey


February 25th, 2011 - 4:56 pm ICT by IANS
New Delhi, Feb 25 (IANS) Progress on key infrastructure projects, especially roads, power and railways, has not been satisfactory as more than half the central projects have been delayed, resulting in ... Read more...

Posted in Business |

Aviation sector can absorb 120 billion dollar investment, says Manmohan Singh


February 12th, 2011 - 6:19 pm ICT by ANI
Thiruvananthapuram, Feb 12 (ANI): The Prime Minister, Dr. Manmohan Singh, on Saturday said that the aviation sector has the potential of absorbing an investment of 120 billion dollars, which turn could ... Read more...

Posted in National |

Aviation sector sees unprecedented growth: PM


February 12th, 2011 - 3:34 pm ICT by IANS
Thiruvananthapuram, Feb 12 (IANS) Prime Minister Manmohan Singh Saturday said India's civil aviation sector has witnessed unprecedented growth in the recent past and will soon have the potential to absorb investment ... Read more...

Posted in Business |

AeroIndia show to be the largest ever


February 1st, 2011 - 9:27 pm ICT by IANS
New Delhi, Feb 1 (IANS) India's air show in Bangalore next week will be the largest ever with 29 countries bringing their aerospace products, including fighter jets and transport aircraft, for ... Read more...

Posted in Business |

Five foreign airlines suspended for violating UAE rules


December 3rd, 2010 - 1:14 am ICT by IANS
Dubai, Dec 2 (IANS/WAM) The civil aviation authorities in the United Arab Emirates (UAE) suspended the operations of five foreign airlines within the Gulf region after they reportedly violated air safety and ... Read more...

Posted in Business |

Navi Mumbai airport gets green nod, finally (Lead)


November 22nd, 2010 - 5:49 pm ICT by IANS
New Delhi, Nov 22 (IANS) India's commercial capital Mumbai will finally get its second airport, some 35 km from the existing one, with the environment and forests ministry giving its nod Monday ... Read more...

Posted in Environment |

Bank of India’s loans to aviation sector under Rs.4,000 crore


September 8th, 2010 - 7:27 pm ICT by IANS
New Delhi, Sep 8 (IANS) Public sector Bank of India Wednesday said its loan exposure to the civil aviation sector does not exceed Rs.4,000 crore. The bank's Executive Director, M. Narendra, gave ... Read more...

Posted in Business |

PM lays foundation stone for Tirupati international airport


September 1st, 2010 - 8:40 pm ICT by IANS
Hyderabad, Sep 1 (IANS) Prime Minister Manmohan Singh Wednesday laid the foundation stone for the Tirupati international airport to provide direct connectivity from various international destinations to the temple town in ... Read more...

Posted in Business |

A business forum launched to engage with Africa


August 11th, 2010 - 1:20 pm ICT by IANS
New Delhi, Aug 11 (IANS) To mark the increased engagement of India and Africa, a new forum has been launched to encourage more intense economic and business collaboration, powered by a shared ... Read more...

Posted in Business |

India’s civil aviation sector grows by 22 per cent


July 27th, 2010 - 8:04 pm ICT by IANS
London, July 27 (IANS) India's civil aviation sector has grown by 22 per cent in the first six months of this year, according to Boeing India President Dinesh Keskar. Keskar said the growth ... Read more...

Posted in Business |

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