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Civil Aviation Ministry eases norms for aircraft imports

The easing of approval would make the approval process easier for the domestic carriers, most of which are looking to expand their fleet.

A major chunk of these funds will go into repayment of the bridge loan availed earlier for purchasing these Boeing 787-800s, airline sources said.
As of end-January 2014, Kingfisher Airlines owed $1.1 billion to its banks, who are assessing interest of 15.5 per cent a year on the debt.
Air India would be selling four residential flats to SBI in Mumbai soon and the sale is expected to fetch around Rs 90 crore.
Jet Airways would be the worst hit with a penalty of Rs 152 crore, followed by Indigo (Rs 64 crore) and SpiecJet (Rs 42.5 crore).
The schemes, for a limited period also includes one-way fares starting as low as Rs 691 excluding taxes for travel between January 1 and September 30 next year.
Gulf Air will increase its service from five times weekly to daily flights between Bahrain's international airport in Muharraq and Hyderabad.

A penalty of Rs 151.69 crore was imposed on Jet Airways, while that on InterGlobe Aviation and SpiceJet are Rs 63.74 crore and Rs 42.48 crore, respectively.
At present all domestic private airlines except national carrier Air India allow a flyer to carry up to 15 kgs of check-in baggage without any cost.
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