scorecardresearch

Aviation

Domestic air travel became costlier on August 12 this year as the Civil Aviation Ministry had raised the lower as well as upper caps on fares by 9.83 to 12.82 per cent.

Lower, upper limits on airfares to remain for 15 days at any given time: Aviation Ministry

Sep 18, 2021

India had imposed lower and upper limits on airfares based on flight duration when services were resumed on May 25, 2020, after a two-month Covid-triggered lockdown.

The carriers have been operating 72.5 per cent of their pre-Covid domestic flights since August 12.

Aviation ministry allows airlines to operate 85% of pre-COVID domestic flights

Sep 18, 2021

The ministry issued a fresh order on Saturday, in which it modified the August 12 order stating that "72.5 per cent capacity may be read as 85 per cent capacity".

Finance Minister Nirmala Sitharaman says transport of export goods by vessels and air has also been exempted from GST

IGST on import of aircraft, other goods on lease exempted from double taxation

Sep 17, 2021

Finance Minister Nirmala Sitharaman says it'll facilitate domestic industry and aviation sector, and will allow transfer of goods imported under lease without payment of IGST

The bidding deadline for Air India was extended nearly five times due to COVID-19 pandemic

What's next in Air India's sale process?

Sep 16, 2021

Though the government intends to close the deal by December, there's a whole list of procedures that need to be followed over the next few months

Ajay Singh, chairman and managing director, SpiceJet, said, "We are happy to announce the launch of 38 new domestic and international flights on our network."

SpiceJet to start 38 new domestic, international flights in Sept 15-25

Sep 16, 2021

SpiceJet said it will resume flights to and from Dubai, connecting it with Mumbai, Delhi, Ahmedabad, Kochi, Kozhikode, Amritsar and Mangaluru.

The government is looking to sell 100 per cent of its stake in Air India.

Financial bids received for Air India divestment; Tata Sons among bidders

Sep 15, 2021

In a tweet, DIPAM Secretary Tuhin Kanta Pandey said, “Financial bids for Air India disinvestment received by Transaction Adviser. Process now moves to concluding stage.”

The consortium is now eyeing slots at key airports since most of the slots of Jet Airways was redistributed to other airlines after its grounding in April 2019

Jet Airways set to make comeback in 2022; will it be a cakewalk this time?

Sep 13, 2021

The Jalan-Kalrock consortium-led airline will shift its headquarters to Gurugram (from Mumbai); newly-appointed acting CEO Capt Sudhir Gaur says it'll continue to have a significant presence in Mumbai as well

The first flight of Jet Airways would be on Delhi-Mumbai route.

Jet Airways to start domestic flights in first quarter of 2022: Jalan Kalrock

Sep 13, 2021

Jet Airways plans to have over 50 aircraft in three years and 100 plus in five years, which also fits perfectly well with the short-term and long-term business plan of the consortium, Jalan Kalrock said.

SpiceJet to bring back Boeing 737 Max aircraft to fleet

SpiceJet inducts more Boeing 737 Max aircraft; to start flying them by Sept-end

Sep 13, 2021

"This will add to already announced settlement with Avolon and grow its fleet of 737 MAX aircraft," said SpiceJet in a filing

Social activist Dilraj Alva said the Adani group had changed the name, adding 'Adani airports' to the name boards after it took over the handling operations

'Adani' tag taken off from Mangaluru airport's name

Sep 13, 2021

The original name boards, prior to the Adani group taking over the handling of operations of the airport, have now been restored, social activist Dilraj Alva, who took up the issue with the airport authorities, told reporters here on Saturday

The government wants to complete the long pending Air India strategic sale this fiscal

Govt exempts taxes on transfer of assets by Air India to SPV

Sep 12, 2021

As a precursor to Air India sale, the government in 2019 had set up a special purpose vehicle Air India Assets Holding Ltd (AIAHL) for transfer of debt and non-core assets of the Air India group.