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Record plane orders raise the stakes in India's aviation boom Record plane orders by India's top two carriers show the country's untapped potential for air travel and its rise as an aviation superpower, but recent airline failures and rows over regulations suggest progress may not be smooth. Indian budget airline IndiGo announced at the Paris Airshow on Monday the biggest ever plane order by number of aircraft with a deal for 500 Airbus narrowbody jets. A day later, rival Air India firmed up an order for 470 Airbus and Boeing aircraft that...
Record plane orders raise the stakes in India's aviation boom
Record plane orders raise the stakes in India's aviation boom
Source: Reuters
21/06/2023 10:04:04 AM
Domestic airlines witness 36.10% increase in passenger count The passenger count in domestic airlines from January-May 2023 reached an impressive milestone of 636.07 lakh, reflecting a significant annual growth rate of 36.10 per cent compared to the corresponding period in the previous year (Jan-May 2022) when it stood at 467.37 lakh, said an official on Friday. According to traffic data shared by various airlines, in May 2022, the passenger count stood at 114.67 lakh, and in May 2023, it rose to 132.41 lakh, indicating a month-on-month growth of 15...
Domestic airlines witness 36.10% increase in passenger count
Domestic airlines witness 36.10% increase in passenger count
Source: IANS
17/06/2023 9:15:14 AM
Air ticket price can`t escalate beyond what is justifiable : Jyotiraditya Scindia Union Civil Aviation Minister Jyotiraditya Scindia on Wednesday emphasised the importance of maintaining reasonable airline ticket prices following the resumption of domestic air travel after the Covid-induced lockdowns. Earlier at a meeting with the Airlines Advisory Group on Monday, the minister had expressed the need for maximum ticket prices to be within an acceptable range and had conveyed this message clearly to the airlines. Presenting a report card of the aviation sector's p...
Air ticket price can`t escalate beyond what is justifiable : Jyotiraditya Scindia
Air ticket price can`t escalate beyond what is justifiable : Jyotiraditya Scindia
Source: IANS
8/06/2023 10:05:01 AM
Aviation Minister Jyotiraditya Scindia voices concern over Go First crisis, says committed to support airlines In wake of budget airline Go First going for insolvency resolution proceedings due to financial difficulties, Civil Aviation Minister Jyotiraditya Scindia on Thursday expressed concern over the situation, acknowledging that it is not favourable for the industry. Talking to reporters here, he emphasised that while Go First's financial challenges impact the civil aviation sector, it is the responsibility of each company to address their individual issues. He assured that the Ministry ...
Aviation Minister Jyotiraditya Scindia voices concern over Go First crisis, says committed to support airlines
Aviation Minister Jyotiraditya Scindia voices concern over Go First crisis, says committed to support airlines
Source: IANS
19/05/2023 9:23:33 AM
SpiceJet suspends Ahmedabad-Goa flight operations New Delhi, May 12 Three days after lessors requested the aviation regulator, DGCA, to de-register three of the airline's planes, SpiceJet has suspended flight operations from Ahmedabad-Goa, for a month, sources in the know of things said. However, an official at SpiceJet claimed they keep on suspending operations as per demand and the flights are not grounded. Earlier, lessors had requested DGCA de-register one aircraft each from Wilmington Trust SP Services, Sabarmati Aviation Leas...
SpiceJet suspends Ahmedabad-Goa flight operations
SpiceJet suspends Ahmedabad-Goa flight operations
Source: (IANS) 
12/05/2023 8:40:02 PM
Jyotiraditya Scindia terms Go First airline issue as `unfortunate` With Go First airline announcing suspension of its flights on May 3 and May 4 owing to financial crunch, Civil Aviation Minister Jyotiraditya Scindia on Tuesday described the development as unfortunate. "Go First has been faced with critical supply chain issues with regard to its engines. The government has been assisting the airline in every possible manner. The issue has also been taken up with the stakeholders involved. Yet, it is unfortunate that this operational bottleneck has de...
Jyotiraditya Scindia terms Go First airline issue as `unfortunate`
Jyotiraditya Scindia terms Go First airline issue as `unfortunate`
Source: IANS
3/05/2023 9:30:21 AM
India to become largest civil aviation market in next decade: Jyotiraditya Scindia Union Civil Aviation Minister Jyotiraditya Scindia said on Tuesday that India will become the largest civil aviation market in the next decade. He made the remark while addressing the CII's International conference on Advanced and Short-Haul Air Mobility for All (ASHA): Technologies for Ease of Transport. Scindia said that India has crossed the pre-Covid number of air travellers by 10 per cent to reach 455,000 passengers daily, with airlines now operating at 80-90 per cent load fact...
India to become largest civil aviation market in next decade: Jyotiraditya Scindia
India to become largest civil aviation market in next decade: Jyotiraditya Scindia
Source: IANS
28/03/2023 4:43:16 PM
Some staff still in possession of accommodation at Air India colonies: Ministry  The Ministry of Civil Aviation on Monday informed that some employees of the erstwhile Air India Limited (AIL) are still in possession of accommodations at Air India colonies. In view of this, Air India has implemented a mechanism involving penal rent on unauthorised occupants in AI colonies. The mechanism envisages imposition of penal rent and damage charges on the unauthorised occupants. Some employees of the erstwhile AIL are still in possession of the accommodations at the AI ...
Some staff still in possession of accommodation at Air India colonies: Ministry
Some staff still in possession of accommodation at Air India colonies: Ministry
Source: IANS
21/03/2023 8:45:37 AM
25 AAI aiports have been earmarked for leasing: Governement As per the National Monetization Pipeline (NMP), 25 airports of Airports Authority of India (AAI) have been earmarked for leasing over the years 2022 to 2025, the Parliament was told on Monday. The AAI has leased out eight of its airports - Delhi, Mumbai, Ahmedabad, Guwahati, Jaipur, Lucknow, Mangaluru, and Thiruvananthapuram through Public Private Partnership (PPP) for operation, management and development on a long-term lease basis. Out of these, Delhi and Mumbai airports were handed ...
25 AAI aiports have been earmarked for leasing: Governement
25 AAI aiports have been earmarked for leasing: Governement
Source: IANS
14/03/2023 9:09:39 AM
Aviation sector bringing people closer, says Prime Minister Narendra Modi  Lauding the increase in the number of airports across the country, Prime Minister Narendra Modi on Wednesday said the aviation sector was bringing people closer. Retweeting Union Aviation Minister Jyotiraditya Scindia's post of India reaching a new milestone in domestic air passenger movement after the Covid pandemic, Modi said: "More airports and better connectivity... the aviation sector is bringing people closer and boosting national progress." Domestic aviation t...
Aviation sector bringing people closer, says Prime Minister Narendra Modi
Aviation sector bringing people closer, says Prime Minister Narendra Modi
Source: IANS
22/02/2023 4:33:47 PM
Prime Minister Narendra Modi emphasises on increased testing, genome sequencing in Covid preparedness review meet Prime Minister Narendra Modi on Thursday emphasised on genome sequencing and increased testing, while cautioning states against any complacency towards the threat of rising Covid cases. Modi expressed these views in a review meeting which he undertook to oversee the status and preparedness of public health response to Covid-19 in the country, amid reports of a spike in cases in countries like neighbouring China, the U.S., Italy, Japan and South Korea. The Prime Minister called for maint...
Prime Minister Narendra Modi emphasises on increased testing, genome sequencing in Covid preparedness review meet
Prime Minister Narendra Modi emphasises on increased testing, genome sequencing in Covid preparedness review meet
Source: IANS
23/12/2022 3:17:25 PM
Jyotiraditya Scindia launches non-stop flight between Mumbai and San Francisco Civil Aviation Minister Jyotiraditya Scindia on Thursday launched first-ever non-stop flight between Mumbai and San Francisco. Air India will operate the flight three times a week on Tuesdays, Thursdays, and Saturdays with the newly-inducted Boeing 777-200LR aircraft. This will take Air India's India-US frequency to 40 non-stop flights per week. Presently, Air India operates non-stop flights from Mumbai to Newark, from Delhi to New York, Newark, Washington DC, San Francisco, and Chi...
Jyotiraditya Scindia launches non-stop flight between Mumbai and San Francisco
Jyotiraditya Scindia launches non-stop flight between Mumbai and San Francisco
Source: IANS
16/12/2022 10:18:00 AM
Indigo asks passengers to reach Delhi airport 3.5 hours prior to domestic departures Amid the increased rush of air-passengers, Indigo airline issued a travel advisory asking passengers to reach the Delhi airport at least 3.5 hours prior to domestic departures. The airline has also asked the passengers to carry only one piece of hand baggage weighing 7 kg for a smooth security check. The Delhi airports are experiencing high footfalls and the check-in and boarding time are expected to be longer than usual. Passengers are requested to reach the airport at least 3.5 hours ...
Indigo asks passengers to reach Delhi airport 3.5 hours prior to domestic departures
Indigo asks passengers to reach Delhi airport 3.5 hours prior to domestic departures
Source: IANS
13/12/2022 11:13:23 AM
Aviation Ministry`s consultative committee meets to discuss GAGAN The meeting of the consultative committee of the Ministry of Civil Aviation was held on Thursday under the chairmanship of Union Civil Aviation Minister Jyotiraditya Scindia. The subject of discussion was GAGAN (GPS Aided Geo Augmented Navigation) system which is a Space Based Augmentation System (SBAS), developed jointly by AAI and ISRO. The meeting was attended by MPs who were informed that GAGAN is a part of the Global Navigation Satellite System (GNSS), which takes input from the core ...
Aviation Ministry`s consultative committee meets to discuss GAGAN
Aviation Ministry`s consultative committee meets to discuss GAGAN
Source: IANS
9/12/2022 9:28:32 AM
Efforts on to streamline post-Covid surge in traffic at airports : Jyotiraditya Scindia Civil Aviation Minister Jyotiraditya Scindia on Thursday told the Lok Sabha during Question Hour that efforts are on to streamline passenger traffic during peak hours and festive seasons in order to avoid jams at airports and ensure that flights are not missed. He said this while replying to a question by DMK MP Dayanidhi Maran on congestions at the country's airports during festive seasons, and efforts being made to improve facilities at airports to handle post-Covid surge in air traf...
Efforts on to streamline post-Covid surge in traffic at airports : Jyotiraditya Scindia
Efforts on to streamline post-Covid surge in traffic at airports : Jyotiraditya Scindia
Source: IANS
8/12/2022 9:54:46 AM
Go First inducts 55th Airbus A320neo aircraft, fleet to grow further Go First (formerly GoAir) on Wednesday inducted the 55th Airbus A320neo aircraft into its fleet of next generation aircraft. Go First had placed firm orders for delivery of 144 Airbus A320neo aircraft as part of its expansion plan. With this induction, Go First's fleet now comprises 60 aircraft, of which 55 are A320neo while five are A320ceo. In line with the airline's strategic growth plan, the aircraft induction will aid the growing demand on its existing and new routes. Th...
Go First inducts 55th Airbus A320neo aircraft, fleet to grow further
Go First inducts 55th Airbus A320neo aircraft, fleet to grow further
Source: IANS
1/12/2022 10:54:19 AM
IndiGo surges on launching connecting flights to Austria, France via Turkey Interglobe Aviation is currently trading at Rs. 1913.90, up by 2.15 points or 0.11% from its previous closing of Rs. 1911.75 on the BSE. The scrip opened at Rs. 1904.90 and has touched a high and low of Rs. 1921.95 and Rs. 1888.45 respectively. So far 10567 shares were traded on the counter. The BSE group 'A' stock of face value Rs. 10 has touched a 52 week high of Rs. 2282.25 on 10-Feb-2022 and a 52 week low of Rs. 1513.30 on 20-Jun-2022. Last one week high and low of the sc...
IndiGo surges on launching connecting flights to Austria, France via Turkey
IndiGo surges on launching connecting flights to Austria, France via Turkey
Source: Accord Fintech
30/11/2022 2:09:19 PM
Tata to bolster Air India with Vistara merger Indian conglomerate Tata Group is merging Air India with Vistara, its joint venture with Singapore Airlines (SIA), to create a bigger full-service carrier that will strengthen its presence in domestic and international skies. Autos-to-steel conglomerate Tata will hold 74.9% of the combined entity, while SIA will own the remaining 25.1%, the Indian group said in a statement on Tuesday. SIA will invest $252 million into Air India as part of the deal, Tata said, with the pair aiming to com...
Tata to bolster Air India with Vistara merger
Tata to bolster Air India with Vistara merger
Source: Reuters
30/11/2022 9:09:51 AM
Air India gets first Boeing 777-200LR to fly on international route As per the induction plan, Air India has received its first Boeing 777-200 LR. Vihaan, which means dawn of a new era, is the name given to the aircraft with registration VT-AEF. Vihaan.AI is Air India's transformational roadmap over five years with clear milestones. It will be focussing on dramatically growing both its network and fleet, developing a completely revamped customer proposition, improving reliability and on-time performance. The Boeing aircraft leased from Delta airl...
Air India gets first Boeing 777-200LR to fly on international route
Air India gets first Boeing 777-200LR to fly on international route
Source: IANS
29/11/2022 10:36:37 AM
IndiGo trades higher on commencing operations from Donyi Polo Airport in Itanagar InterGlobe Aviation (IndiGo) is currently trading at Rs. 1916.20, up by 2.95 points or 0.15% from its previous closing of Rs. 1913.25 on the BSE. The scrip opened at Rs. 1915.00 and has touched a high and low of Rs. 1938.45 and Rs. 1906.00 respectively. So far 7695 shares were traded on the counter. The BSE group 'A' stock of face value Rs. 10 has touched a 52 week high of Rs. 2282.25 on 10-Feb-2022 and a 52 week low of Rs. 1513.30 on 20-Jun-2022. Last one week high and low o...
IndiGo trades higher on commencing operations from Donyi Polo Airport in Itanagar
IndiGo trades higher on commencing operations from Donyi Polo Airport in Itanagar
Source: Accord Fintech
29/11/2022 10:25:32 AM
Domestic air passenger traffic crosses 4-lakh mark for two straight days For two continuous days, domestic air passenger traffic in the country crossed the four-lakh mark during this weekend. Airlines carried 4,05,963 passengers on Saturday and operated 2,767 flights. The growth continued even on Sunday with the number increasing to 4,09,831. This is for the first time in the last many months that the domestic aviation traffic has crossed the 4-lakh mark for two continuous days. Domestic aviation traffic in the country continues to record growth as passen...
Domestic air passenger traffic crosses 4-lakh mark for two straight days
Domestic air passenger traffic crosses 4-lakh mark for two straight days
Source: IANS
28/11/2022 2:09:25 PM
Jyotiraditya Scindia inaugurates direct flight from Pune to Bangkok Union Minister of Civil Aviation, Jyotiraditya Scindia on Saturday inaugurated a direct flight from Pune to Bangkok, an official said. The flight will operate between Pune-Bangkok-Pune effective November 12 (today). It will operate on every Tuesday, Thursday, Saturday and Sunday, the Ministry of Civil Aviation said in a release. SpiceJet's flight SG 81 will depart from Pune at 6.45 p.m. and arrive in Bangkok at 12.40 a.m., while flight SG 82 will depart from Bangkok at 2.15 p.m. and...
Jyotiraditya Scindia inaugurates direct flight from Pune to Bangkok
Jyotiraditya Scindia inaugurates direct flight from Pune to Bangkok
Source: IANS
13/11/2022 9:13:43 AM
AAI reorients policy for granting license for commercial facilities at airports With gradual pick up in air passenger movements which is now almost touching to pre-pandemic levels, Airports Authority of India (AAI), the largest airport operator in the country, has redeemed its focus on exploitation of commercial opportunities at its airports to enhance non-aeronautical revenue as well as passenger experience. Officials said that AAI has recently reoriented its policy for granting licence to operate commercial facilities like retails, advertisement rights, duty free sh...
AAI reorients policy for granting license for commercial facilities at airports
AAI reorients policy for granting license for commercial facilities at airports
Source: IANS
10/11/2022 10:56:54 AM
IndiGo launches direct flights between Indore and Chandigarh In its bid to strengthen domestic connectivity and offer consumers the ease of taking direct flights to maximum destinations, IndiGo has launched direct flights between Indore-Chandigarh. The ceremony on Tuesday was graced by Civil Aviation Minister Jyotiraditya Scindia and other eminent dignitaries from Indore. Both Indore and Chandigarh are smart cities and hold historical importance and have many tourist attractions that are must-visit. Indore is the heart of India as it is in the...
IndiGo launches direct flights between Indore and Chandigarh
IndiGo launches direct flights between Indore and Chandigarh
Source: IANS
1/11/2022 1:41:20 PM
Three flights connecting five NE cities inaugurated by Jyotiraditya Scindia Civil Aviation Minister Jyotiraditya Scindia on Sunday inaugurated three flights connecting five cities of Assam, Arunachal Pradesh, Meghalaya, Manipur, and Mizoram. A flight connecting Imphal and Aizawl under RCS UDAN commenced from Sunday and will operate five times a week, while a flight connecting Shillong and Lilabari under RCS UDAN will commence from Monday and will operate four times a week. A flight connecting Lilabari and Ziro also began operating from Sunday and will operate t...
Three flights connecting five NE cities inaugurated by Jyotiraditya Scindia
Three flights connecting five NE cities inaugurated by Jyotiraditya Scindia
Source: Reuters
31/10/2022 9:41:22 AM
Transport aircraft for IAF to be made in India by Airbus Defence, Tata consortium In a major boost to 'Make in India' and domestic aviation manufacturing, Prime Minister Narendra Modi will lay the foundation stone of a transport aircraft manufacturing project for the Indian Air Force (IAF) at Gujarat's Vadodara on October 30. The first 16 fly-away C-295MW aircraft are scheduled to be received between September 2023 and August 2025. The first 'Made in India' aircraft is expected from September 2026. C-295MW is a transport aircraft of 5-10 tonne cap...
Transport aircraft for IAF to be made in India by Airbus Defence, Tata consortium
Transport aircraft for IAF to be made in India by Airbus Defence, Tata consortium
Source: IANS
27/10/2022 5:45:00 PM
About Rs 95,000 cr to be invested in aviation sector in next 4 yrs, says Jyotiraditya Scindia Stressing on the importance of helipads in providing last-mile connectivity, Civil Aviation Minister Jyotiraditya Scindia on Tuesday urged the states to set up helipads in every district. The Minister said that 82 helicopter corridors have been identified. He also talked about augmentation of flight training organisation capacity in the country and facilities for engine servicing. He said the government recently abolished TNFC/RNFC charges in 21 states to encourage helicopter operations...
About Rs 95,000 cr to be invested in aviation sector in next 4 yrs, says Jyotiraditya Scindia
About Rs 95,000 cr to be invested in aviation sector in next 4 yrs, says Jyotiraditya Scindia
Source: IANS
19/10/2022 12:33:33 PM
India to have 92-93 carbon-neutral airports by 2024: Jyotiraditya Scindia  Civil Aviation Minister Jyotiraditya Scindia said on Tuesday that the country will have 92-93 carbon-neutral airports by 2024. Scindia also said that the Aviation Ministry aims to achieve net zero emissions by 2030. Addressing the All India Management Association's national convention, the minister said, "Indian airports will not just achieve the net zero target by 2030, but will likely have over 400 million passengers by then," adding that the infrastructure on the ...
India to have 92-93 carbon-neutral airports by 2024: Jyotiraditya Scindia
India to have 92-93 carbon-neutral airports by 2024: Jyotiraditya Scindia
Source: IANS
21/09/2022 10:08:56 AM
ATF price fall to benefit airlines under pressure: Jyotiraditya Scindia Civil Aviation Minister Jyotiraditya Scindia has said the dip in the air turbine fuel (ATF) price and the continuation of this trend will benefit the aviation sector. He said the fall in the ATF rates will have a good impact on airlines under pressure. Notably, ATF prices have been coming down during the last few weeks after jumping to record levels, primarily due to the Russia-Ukraine war that began on February 24. On August 1, the price of ATF in Delhi was Rs 1.21 lakh per kilo-litre, wh...
ATF price fall to benefit airlines under pressure: Jyotiraditya Scindia
ATF price fall to benefit airlines under pressure: Jyotiraditya Scindia
Source: Accord Fintech
16/08/2022 9:57:34 AM
Aviation Minister Jyotiraditya Scindia, several airlines remember Rakesh Jhunjhunwala  Rakesh Jhunjhunwala, the ace investor, who remained passionately invested in India's growth story, will be remembered for giving India its new airline Akasa Air after more than a decade, said Aviation Minister Jyotiraditya Scindia. The civil aviation minister and many Indian airlines paid tributes to the veteran investor Jhunjhunwala, who passed away in Mumbai on Sunday following a cardiac arrest. Scindia on Sunday said, "Sh Rakesh Jhunjhunwala Ji was not only an astute busi...
Aviation Minister Jyotiraditya Scindia, several airlines remember Rakesh Jhunjhunwala
Aviation Minister Jyotiraditya Scindia, several airlines remember Rakesh Jhunjhunwala
Source: IANS
14/08/2022 4:01:16 PM
India's domestic airlines get a boost as cap on ticket prices lifts  Shares of Indian domestic airlines rose on Thursday, a day after the civil aviation ministry said it will remove the restrictions on ticket prices it had imposed two years ago due to the coronavirus pandemic. Domestic airlines IndiGo, SpiceJet Ltd, Air India, Go First and Vistara - a joint venture between the Tata Group and Singapore Airlines - can now price tickets freely. Shares of top airline IndiGo's parent InterGlobe Aviation Ltd rose as much as 2.3% to 2084.6 rupees whil...
India's domestic airlines get a boost as cap on ticket prices lifts
India's domestic airlines get a boost as cap on ticket prices lifts
Source: IANS
10/08/2022 5:09:02 PM
Commercial pilot license numbers record steady rise over years The number of Commercial Pilot Licenses (CPLs) issued have recorded a steady rise over the past few years along with the growth in the aviation sector in the country, with 699 already issued in the first six months of this year as against 862 in 2021. As per the Civil Aviation Ministry's data, a total of 4,612 commercial pilot licenses have been issued in the country since 2016. The ministry has said that there is no shortage of pilots in India. "There is, however, a margina...
Commercial pilot license numbers record steady rise over years
Commercial pilot license numbers record steady rise over years
Source: IANS
10/08/2022 9:29:09 AM
Amid deregistration request, SpiceJet says returning older aircraft in phased manner Amid deregistration request for its aircraft, budget carrier SpiceJet on Saturday said that it plans to replace all its older Boeing aircraft with the new Max model in a phased manner and by the next calendar year, it will induct around 20 new Max planes into its fleet. Its statement came as aviation regulator, the Directorate General of Civil Aviation has received requests from the lessor for deregistration of three of the airline's planes. Leasing firm Awas Ireland Ltds filed the ...
Amid deregistration request, SpiceJet says returning older aircraft in phased manner
Amid deregistration request, SpiceJet says returning older aircraft in phased manner
Source: Reuters
30/07/2022 5:37:29 PM
All aircraft should be released for use only after certifying licence: DGCA  Aviation regulator Director General of Civil Aviation (DGCA) on Monday said all the aircraft at base and transit stations should be released by certifying staff holding licence with appropriate authorisation by their organisation. The directive has come following a series of technical snag related occurrences in planes in the last few days. The DGCA said that after frequent reports of engineering related occurrences in several airlines, it has conducted several spot checks in orde...
All aircraft should be released for use only after certifying licence: DGCA
All aircraft should be released for use only after certifying licence: DGCA
Source: IANS
19/07/2022 9:08:53 AM
Aviation Minister asks airlines to strengthen safety oversight Concerned over the rising number of technical glitches in flights, Civil Aviation Minister Jyotiraditya Scindia held meetings with chiefs of Indian airlines on Monday, asking them to strengthen safety oversight. Scores of flights have been diverted owing to multiple technical snags in Indian carriers' aircraft in the last one month. Sources said that the Aviation Minister on Monday told each airline to take all necessary steps that are needed to ramp up safety oversight. Earlier on ...
Aviation Minister asks airlines to strengthen safety oversight
Aviation Minister asks airlines to strengthen safety oversight
Source: IANS
18/07/2022 4:35:32 PM
Drone piloting course fees to get cheaper as more schools open, says Jyotiraditya Scindia Courses for drone piloting will get cheaper as the number of training institutes will increase in the coming days, Civil Aviation Minister Jyotiraditya Scindia said on Tuesday. Scindia said this while addressing a virtual interactive session with various stakeholders in the drone space, including the farmers. At present, there are 23 civil aviation regulator Directorate General of Civil Aviation (DGCA)-certified schools for drone pilot training. With the increase in number of schools...
Drone piloting course fees to get cheaper as more schools open, says Jyotiraditya Scindia
Drone piloting course fees to get cheaper as more schools open, says Jyotiraditya Scindia
Source: IANS
18/05/2022 8:28:10 AM
Next round of 8-9 airports to be leased shortly, says Jyotiraditya Scindia Of the humongous Rs 62,000 crore debt on the books of Air India when it was handed over to the Tatas, the Government of India has closed its part of Rs 47,000 crore by paying off all the banks involved. The Tatas took over Rs 15,300 crore of debt where they have since renegotiated terms, and refinanced it by bringing in new lenders. Civil Aviation Minister Jyotiraditya Scindia confirmed this in a conversation with IANS Editor in Chief Sandeep Bamzai on Wednesday. Scindia said, "T...
Next round of 8-9 airports to be leased shortly, says Jyotiraditya Scindia
Next round of 8-9 airports to be leased shortly, says Jyotiraditya Scindia
Source: IANS
12/05/2022 8:52:40 AM
India's daily domestic air passenger traffic crosses 4 lakh mark India's daily domestic air passenger traffic crossed the 4 lakh mark on Sunday - for the first time in the last two years, Union Civil Aviation Minister Jyotiraditya M. Scindia said on Monday. In a tweet, he said: "And we hit the 4 lakh mark for the first time in the last two years!" On Sunday, 407,975 domestic passengers were ferried on 2,838 flights. The total flight movement stood at 5,672. According to industry experts, lower Covid infection rate as well as lesser r...
India's daily domestic air passenger traffic crosses 4 lakh mark
India's daily domestic air passenger traffic crosses 4 lakh mark
Source: IANS
19/04/2022 8:47:28 AM
India's air passenger traffic to surpass pre-Covid numbers: Jyotiraditya Scindia India's civil aviation sector has emerged stronger from Covid-19 and passenger traffic will surge to 410 million by 2024-25, surpassing the pre-pandemic numbers, Civil Aviation Minister Jyotiraditya Scindia said on Friday. Before Covid struck, the passenger throughput (both domestic and international) was 344 million. With international operations set to resume from March 27, the minister exuded confidence that by 2022-23, the number will reach close to 300 million passengers and grow ...
India's air passenger traffic to surpass pre-Covid numbers: Jyotiraditya Scindia
India's air passenger traffic to surpass pre-Covid numbers: Jyotiraditya Scindia
Source: IANS
25/03/2022 1:58:45 PM
Investments worth Rs 36,000 crore planned for development of greenfield airports under PPP mode: Singh The Minister of State for Civil Aviation V K Singh has said that investments worth Rs 36,000 crore have been planned for the development of greenfield airports under the public-private partnership (PPP) model. He also cited ‘highly price-sensitive customers’ and high taxes on jet fuel as major challenges faced by the country's civil aviation sector. Singh said that adequate safety measures are already in place for ensuring safe operation of aircraft at airports, including t...
Investments worth Rs 36,000 crore planned for development of greenfield airports under PPP mode: Singh
Investments worth Rs 36,000 crore planned for development of greenfield airports under PPP mode: Singh
Source: Accord Fintech
25/03/2022 11:52:32 AM
Airline sector on revival mode: Jyotiraditya Scindia Civil Aviation Minister Jyotiraditya Scindia has said the airline sector is on a revival mode with 3.82 lakh passengers travelling daily by airlines in the last seven days and hoped that the total passenger traffic would rise to 40 crore by 2023-24. The number of air passengers was 14.50 crore in 2018-19. The traffic fell to 8.38 crore in 2021 due to the Covid-19 pandemic. Further, he said Rs 1 lakh crore of investments would be made in green and brownfield airports in the country in the n...
Airline sector on revival mode: Jyotiraditya Scindia
Airline sector on revival mode: Jyotiraditya Scindia
Source: Accord Fintech
24/03/2022 11:02:16 AM
Indian drone industry will have turnover of up to Rs 15,000 crore by 2026: Jyotiraditya Scindia Civil Aviation Minister Jyotiraditya Scindia has said  the Indian drone industry will have a total turnover of up to Rs 15,000 crore by 2026 as the government has given a major boost to the sector with the production-linked incentive (PLI) scheme announced and liberalised rules implemented last month. The Civil Aviation Ministry approved a PLI scheme for drones and drone components with an allocation of Rs 120 crore spread over three financial years. The PLI scheme comes as a follow-t...
Indian drone industry will have turnover of up to Rs 15,000 crore by 2026: Jyotiraditya Scindia
Indian drone industry will have turnover of up to Rs 15,000 crore by 2026: Jyotiraditya Scindia
Source: Accord Fintech
17/09/2021 11:07:08 AM
Scindia holds meeting on issues faced by regional airlines Civil Aviation Minister Jyotiraditya Scindia on Friday met regional airline operators to discuss issues affecting their growth and ways to boost regional connectivity. "Held the maiden discussion with small aircraft and regional airline operators on issues impeding their growth and the way forward for enhanced regional air connectivity," Scindia said in a tweet. In another tweet, the minister said that the Union Ministry of Civil Aviation is committed towards transforming the ...
Scindia holds meeting on issues faced by regional airlines
Scindia holds meeting on issues faced by regional airlines
Source: IANS
4/09/2021 9:26:52 AM
`Vande Bharat` mission brings back over 67m Indians India's massive evacuation programme triggered by the Covid-19 pandemic has brought back over 67 million from abroad. In a tweet, Civil Aviation Minister Hardeep Singh Puri said: "It is not just a mission that brought back stranded & distressed citizens from around the world, but Vande Bharat has been a Mission of hope & happiness; of letting people know that they will not be left behind even in the most testing times." "67.5 million & continuing to grow.....
`Vande Bharat` mission brings back over 67m Indians
`Vande Bharat` mission brings back over 67m Indians
Source: IANS
21/03/2021 3:44:28 PM
Leverage growing air traffic for robust aircraft leasing industry: Aviation Minister Hardeep Singh Puri Civil Aviation Minister Hardeep Singh Puri on Friday said that India must leverage its growing air traffic to establish a robust aircraft leasing industry, which would finance new aircraft deliveries through its own policies and products. Addressing the 'India Aircraft Leasing Summit 2021- Rupee Raftaar', he said that it is vital to develop this new line of business in India for financial services and add India on the map of global financial centres. The event was also attended ...
Leverage growing air traffic for robust aircraft leasing industry: Aviation Minister Hardeep Singh Puri
Leverage growing air traffic for robust aircraft leasing industry: Aviation Minister Hardeep Singh Puri
Source: IANS
27/02/2021 8:56:40 AM
Government may remove fare band, lift other restrictions on aviation sector: Hardeep Singh Puri Minister of State for Civil Aviation Minister Hardeep Singh Puri has said with domestic air traffic expected to increase further in the coming summer season, the government may remove the fare band besides lifting other restrictions.  Puri also said domestic air traffic is increasing day by day and has now reached about 3 lakh passengers a day. Puri also mentioned about various steps taken by this ministry during the COVID-9 pandemic for the benefit of people as well as the aviation s...
Government may remove fare band, lift other restrictions on aviation sector: Hardeep Singh Puri
Government may remove fare band, lift other restrictions on aviation sector: Hardeep Singh Puri
Source: Accord Fintech
22/02/2021 10:10:49 AM