Aviation-Sector - Latest News on Aviation-Sector | Read Breaking News on Zee News

Economic Survey 2013-14: Signs of revival in Indian aviation sector

Last Updated: Wednesday, July 09, 2014, 15:17

The Indian civil aviation sector is showing signs of revival in growth after a period of turbulence with emergence of new players such as AirAsia and Tata-SIA Airline, although domestic passenger traffic handled at Indian airports grew only by 5.2 percent in 2013-14.

India expects 400 million air passengers by 2020: Raju

Last Updated: Monday, June 30, 2014, 06:07

India has witnessed a growth in number of air travellers due to liberal aviation policy and entry of small air carrier, and is likely to touch 400 million mark by 2020, Union Civil Aviation Minister P Ashok Gajapathi Raju said here Sunday.

Civil Aviation Min meets PM, briefs him about sector's problem

Last Updated: Saturday, June 21, 2014, 20:10

This issue would be crucial to start-up carriers like AirAsia India and Tata-SIA Airlines who would want to launch international flights as soon as they can.

Aviation sector asks govt to slash taxes on jet fuel

Last Updated: Tuesday, June 10, 2014, 19:26

Indian aviation industry Tuesday asked the government to slash taxes on jet fuel, exempt aircraft engines from customs duty and rationalise taxation of MROs, as the BJP-led dispensation prepared for the general budget for 2014-15.

KPMG suggests slew of measures in aviation sector

Last Updated: Friday, May 23, 2014, 19:33

KPMG asked the new government to initiate reforms in the aviation sector by privatising Air India, getting states to develop no-frills airports, slashing sales tax rates.

Civil Aviation Ministry preparing list of crucial issues

Last Updated: Wednesday, May 21, 2014, 19:49

With a new government taking over on Monday, Civil Aviation Ministry is preparing a list of crucial issues facing the sector like review of the 5/20 rule to allow Indian carriers to launch global operations and the downgrade of India's safety ranking by the US aviation regulator.

IndiGo maintains lead in domestic aviation sector

Last Updated: Tuesday, May 20, 2014, 14:50

IndiGo has a market share of 31.6 percent, followed by Jet Airways-JetLite combine with 21.8 percent and Air India with 18.3.

China budget airline Spring plans $400 mn IPO

Last Updated: Friday, April 25, 2014, 13:39

Spring`s share offer plan must still pass several rounds of review by the CSRC before approval.

Foreign airlines, investors not to control management of Indian carrier: DGCA

Last Updated: Tuesday, April 15, 2014, 20:46

Following apprehensions expressed on these lines by various quarters, the aviation regulator has given effect to amendments in a rule relating to grant of flying permits to new airlines in the country, official sources said here.

Aviation shares up as RBI extends ECB borrowing window

Last Updated: Thursday, March 27, 2014, 12:43

Aviation sector stocks edged higher by 2-5 percent in morning trade on Thursday on the BSE after the Reserve Bank extended ECB borrowing window for airlines till March 2015.

No decision yet on reinstating sacked cabin crew members: AI

Last Updated: Friday, March 14, 2014, 19:47

Air India is yet to take a decision on reinstating 17 of its cabin crew, whose services were terminated recently for indiscipline and defying flight duty time limitation (FDTL) rules, airline officials said on Friday .

Air India takes back 13 sacked cabin crew members

Last Updated: Thursday, March 13, 2014, 21:04

Air India has "unconditionally" taken back 13 of the 17 cabin crew members it had sacked recently for indiscipline and defying flight duty time limitation, allegedly following pressure from a section of the employee unions, AI sources said Thursday.