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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.

Over-taxation restraining high growth in aviation sector

Last Updated: Thursday, March 13, 2014, 16:36

The high growth in Indian aviation market, which would in future be triggered by regional operations, was being restrained by over-taxation and lack of infrastructure in smaller cities, a recent study has shown.

SC refuses to stop Centre from giving nod to Tata AirAsia deal

Last Updated: Friday, February 21, 2014, 16:59

The Supreme Court on Friday refused to pass any interim order on a plea seeking to restrain the Centre from granting further approvals to operationalise the USD 30 million deal between Tata Sons and Malaysia-based AirAsia.

Govt 'disappointed' after US downgrades air safety ranking

Last Updated: Friday, January 31, 2014, 18:19

US aviation authorities have downgraded India's safety ranking in a "disappointing" and "surprising" move that will hit air links between the countries, Union aviation minister Ajit Singh said on Friday.

Domestic air traffic up 3.4% in November

Last Updated: Monday, January 13, 2014, 20:23

India's domestic air traffic grew 3.4 percent in November last year, in spite of significant volatility in the market which continues, global airlines body IATA said on Monday.

DGCA working on FAA recommendations

Last Updated: Wednesday, January 01, 2014, 19:09

The FAA is scheduled to give its final report on its December audit in a couple of weeks, the sources said.

SC to hear Swamy’s plea on Jet-Etihad deal today

Last Updated: Tuesday, October 08, 2013, 09:19

The Supreme Court on Tuesday will hear a PIL of BJP leader Subramanian Swamy seeking quashing of the Centre's approval to Jet-Etihad Airways deal.

Jet-Etihad deal a positive move for civil aviation, passengers: Ajit Singh

Last Updated: Thursday, October 03, 2013, 23:52

Civil Aviation Minister Ajit Singh on Thursday said that the Cabinet's approval of Jet-Etihad would be a positive step for both the cvil aviation sector and the passengers.

Cabinet nod to Jet-Etihad stake sale deal

Last Updated: Thursday, October 03, 2013, 21:30

Paving the way for the biggest ever foreign investment in India's aviation sector, the Union Cabinet tonight cleared Jet Airways' proposed sale of 24 percent equity to Abu Dhabi-based Etihad, days after the Rs 2,058 crore deal got regulatory clearances.

Centre expects states to slash taxes on aviation fuel

Last Updated: Thursday, September 26, 2013, 14:55

The Centre expects cooperation from the state governments to slash the surcharge and taxation on aviation fuel to control its prices, a senior Civil Aviation Ministry official said here on Thursday.

Aviation security market to cross Rs 31K cr by 2015: Assocham

Last Updated: Wednesday, August 21, 2013, 17:52

The country's aviation security market is likely to cross Rs 31,000 crore by 2015 from the current level of over Rs 16,000 crore, says a study by industry body Assocham.

Jet-Etihad: Commerce Min in favour of liberal view on FDI caps

Last Updated: Monday, July 22, 2013, 20:38

Last September, the Cabinet had allowed foreign airlines to take up to 49 percent stake in domestic carriers. It did not alter the existing rule of 100 percent NRI investment.