New draft civil aviation policy announced today aims at reducing cost of flying for middle class
New draft civil aviation policy announced today aims at reducing cost of flying for middle class

The new Aviation Policy draft, which was announced today aims at increasing connectivity and cut cost of flying  between smaller  cities.

Much awaited draft aviation policy likely to delayed further

The much awaited draft aviation policy is likely to be delayed further as certain provisions including easing of international flying norm for domestic carriers, are expected to be reworked.

Global investment not threat but lifeline: Etihad CEO

Global investment is not a threat but a lifeline for aviation industry, UAE's flag carrier Etihad Airways has said, in the wake of its record USD 643 million investment in Alitalia to revitalise Italy's national airline.

India needs 1,740 new aircraft worth $240 bn in next 20 years: Boeing

Raising its forecast for the Indian market, Boeing Wednesday said the country will need 1,740 new aircraft worth USD 240 billion over the next 20 years.

No plans to enter commercial aviation: Mahindra

Denying any plan to venture into commercial aviation, Mahindra & Mahindra (M&M) today said that it's aerospace business remains restricted to manufacture of utility aircraft and aerostructures.

Govt completely rewriting civil aviation policy: Official

After being in the works for a long time, the government is "completely rewriting" the civil aviation policy to address concerns of the stakeholders.

SpiceJet inducts first Airbus plane

SpiceJet, which is into operations for over ten years now, has for the first time inducted an Airbus plane in its fleet as so far it was depending on Boeing's narrow body B737s and Canadian Bombardier Q400.

Etihad Airways says not in talks to raise stake in Jet Airways

Shares in Jet closed up 2.44 percent on Tuesday against a 0.27 percent rise in the benchmark. A spokesman for Jet did not immediately respond to a request for comment.

Propelled by summer bookings domestic air travel clocks profit
Propelled by summer bookings domestic air travel clocks profit

All Indian carriers together ferried a total of 71.27 lakh passengers in May as compared to 60.22 lakh passengers during May 2014, according to Directorate General of Civil Aviation (DGCA) data for the month.

Vistara adds Bengaluru to its network; to fly daily to Delhi, Mumbai

Bengaluru will be the 10th destination for the Tata-Singapore Airlines JV.

CIAL reports 144.58 cr PAT in FY'15

The board of directors recommended a dividend of 21 percent. It also decided to convene this year's annual general body meeting on August 18.

IATA talks to consumer forums on transparent laws

"Looking at the nature of some of the regulations being produced, it seems that some governments are ignoring basic commercial principles. They are producing regulations that do not address the root causes of many travel disruptions. In light of this, IATA and the airlines need to contribute a new perspective to the conversation on consumer protection," he said.

SpiceJet to expand fleet after regaining consumer confidence

"We were at a phase where the airline was actually shut down. The focus is now on getting back consumer confidence and we will work on that for a few more months," he said.

Easing of 5/20 norms should not hit established carriers: Singh

"The government should seriously look at it (5/20 norms) before taking a decision (to modify it). It needs to be ensured that existing (or established) players are not penalised," SpiceJet's chairman and managing director Ajay Singh said.

New civil aviation secretary holds Air India review

"The ministry feels that the situation in the aviation industry has undergone a sea change since 2012 when Air India's TAP was put in place for 10 years and this requires that the plan be revisited," a government official had said.

Jet Airways offers limited period discount on international tickets

"Jet Airways' guests can now avail of this very attractive global fares offer to plan their international travel in advance, given the flexibility and long-term validity," Jet Airways' chief commercial officer Raj Sivakumar said.

Axe to swing as Malaysia Airlines tries to start fresh

Mueller, in an email to staff last month, had warned that a major overhaul was necessary as the airline was weighed down by "uncompetitive cost levels" that he said were 20 percent higher than its rivals.

AirAsia India flies into Rs 19 cr loss in March quarter

In a filing made by AirAsia Berhard to the Malaysian stock exchange, AirAsia India incurred a loss of Rs 19 crore in the three months ended March 2015 while revenue stood at Rs 74.39 crore during the same period.

Jet Airways reports $329 million full-year loss

For the final quarter of the year, Jet said it lost 17.29 billion rupees, down from last year`s 21.54 billion rupees, its worst-ever.

Is AirAsia making the best use of its 171 aircraft?

AirAsia`s rapid network expansion and huge plane orders aimed at meeting what CEO Tony Fernandes once described as "amazing" demand are in the spotlight after the carrier fell into the red for the first time since 2008.