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Civil aviation sector News

31 Oct 2016

Govt mulls aligning flying operator norms with FDI policy

The sector is faced with an odd situation wherein a foreign investor, excluding overseas airlines, can acquire up to 100 percent stake in a local carrier but not seek a scheduled operator's permit. The permit can only be given to a company which has substantial ownership and effective control in the hands of Indian nationals.

22 Apr 2016

Govt likely to unveil new civil aviation policy next month

With long-drawn consultations now in final stages, the Civil Aviation Ministry expects to come out with the new civil aviation policy next month.

29 Dec 2014

SpiceJet issue, safety downgrade marred civil aviation sector

SpiceJet's near-shutdown and the downgrade of India's safety ranking marred the civil aviation sector in 2014 which also saw a new airline taking to the sky and another one readying itself to do so early next year.

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