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Srinagar-New Delhi Indigo flight taken into isolation following bomb threat; airline receives 10 such threats

Mar 23, 2016 at 17:15 | Source: FirstPost

A Srinagar-New Delhi Indigo flight was taken to the isolation bay at New Delhis Indira Gandhi International Airport after landing, following a bomb threat, on Wednesday, reported DNA. The warning was received at the Indigo call centre in Chennai.Acco...

Civil aviation policy delayed, likely to take off in early FY17 as govt still working on certain issues

Mar 16, 2016 at 16:29 | Source: FirstPost

The new civil aviation policy is expected to be finalised early next financial year with the government still working on certain issues including those related to the 5/20 international flying norm.The draft policy was unveiled in October last year a...

Civil aviation policy gets delayed, likely to take off early next fiscal

Mar 16, 2016 at 15:21 | Source: FirstPost

Hyderabad: The new civil aviation policy is expected to be finalised early next financial year with the government still working on certain issues including those related to the 5/20 international flying norm.The draft policy was unveiled in October ...

Lessons not learnt from Kingfisher mess: At Rs 51,000 cr, Air India has highest debt in sector

Mar 14, 2016 at 18:10 | Source: FirstPost

New Delhi: Vijay Mallya is the target of all-round ridicule for taking large loans from banks to run Kingfisher Airlines, defaulting on these loans and then cocking a snook at feeble recovery attempts by banks and government agencies. Kingfishers dem...

IndiGo receives first Airbus A320neo after delay | Reuters

Mar 11, 2016 at 23:30 | Source: FirstPost

PARIS Airbus has delivered its second revamped Airbus A320neo to Indian budget carrier IndiGo, gaining a new operator two months after it went into service with Germany's Lufthansa, the European planemaker said on Friday.Deliveries of the re-engined ...

AirAsia, Vistara's wait for relaxation of 5/20 norm gets prolonged as govt still undecided

Mar 09, 2016 at 18:30 | Source: FirstPost

Caught in a bind over the '5/20 norms' for domestic carriers to fly overseas, the government today conceded the demand of the promoters of old airlines for a "patient" hearing on the issue even as it said no decision has been taken on the f...

Civil aviation policy: Ministerial panel for replacing 5/20 rule

Mar 04, 2016 at 22:55 | Source: FirstPost

New Delhi: An inter-ministerial panel is understood to have recommended replacing 5/20 international flying norms for domestic carriers, amid bitter tussle between old and new airlines over continuing with the regulation. The committee, chaired by Ho...

As 5/20 flying rule drags on, civil aviation min to hold another 'informal' meeting on policy

Mar 02, 2016 at 15:10 | Source: FirstPost

New Delhi:Intense lobbying by incumbent airlines against any move to ease overseas flying restrictions may have miffed the Tatas and civil aviation experts but it has achieved one thing: the Civil Aviation Policy is once again delayed as ministers of...

For the aviation sector to grow in India, it needs handholding by the policy makers

Dec 28, 2015 at 15:18 | Source: FirstPost

This year, Indias airlines heaved a sigh of relief as jet fuel prices continued to be benign due to global softening of crude and domestic air traffic grew in healthy double digits. These twin factors helped airlines recoup some of their historical o...

Aviation has come a long way in the past 15 years, but many challenges remain

Dec 25, 2015 at 15:15 | Source: FirstPost

Any way you look at it, taking a domestic flight at the turn of the century was a remarkable event in the life of an average Indian.One had to plan much in advance, air tickets were an expensive proposition and though private airlines had arrived on ...

Govt mops up over $5 bn from 'family silver' PSUs in 2015; targets Rs 50,000 cr next year

Dec 20, 2015 at 20:24 | Source: FirstPost

New Delhi: The government's disinvestment kitty has almost doubled this year with over Rs 35,000 crore garnered through stake sales in PSUs, but not without the help of its all-time saviour Life Insurance Corporation (LIC), while a strong pipeline is...

Tourist season takeoff: October air traffic grows 19% to 70.39 lakh passengers

Nov 20, 2015 at 14:27 | Source: FirstPost

New Delhi: Maintaining the growth trajectory, domestic air traffic rose nearly 19 percent to 70.39 lakh passengers in October as onset of tourist season saw more number of fliers.Low cost carrier IndiGo, which recently got listed on the bourses, main...

3 persons, including Hindu Mahasabha leader, arrested for misbehaviour with Indigo cabin crew

Nov 19, 2015 at 14:19 | Source: FirstPost

Three persons were arrested on a passenger flight after they allegedly misbehaved with cabin crew on a flight between Coimbatore and Chennai, news reports said on Thursday.The three persons, who were said to be inebriated, allegedly misbehaved with t...

Jet, IndiGo, SpiceJet to challenge CCI's Rs 258 cr penalty

Nov 19, 2015 at 09:39 | Source: FirstPost

New Delhi - Jet Airways, IndiGo and SpiceJet on Wednesday said they would pursue legal steps against the CCI order imposing penalties totalling Rs 258 crore on them for anti-competitive practices related to air cargo.Clamping down on unfair business ...

EICI analysis nails it, airlines must explain arbitrary fuel surcharge levy

Nov 18, 2015 at 16:26 | Source: FirstPost

New Delhi: It is not often that private airlines are left fuming over an order passed by the Competition Commission of India. But yesterday's order seemed to come as a shock to each of the three airlines, Jet Airways, IndiGo and SpiceJet. Each claime...

Cartelisation: Competition Commission slaps Rs 258 cr fine on Jet, IndiGo, SpiceJet

Nov 18, 2015 at 08:31 | Source: FirstPost

New Delhi: Clamping down on cartelisation in fixing fuel surcharge on air cargo, the Competition Commission today imposed penalties totalling Rs 258 crore on Jet Airways, IndiGo and SpiceJet -- an order that is likely to be challenged by the carriers...

CCI slaps Rs 258 cr fine on Jet Airways, IndiGo, SpiceJet for unfair business practices

Nov 17, 2015 at 19:46 | Source: FirstPost

New Delhi: Clamping down on cartelisation in fixing fuel surcharge on air cargo, the Competition Commission today imposed penalties totalling Rs 258 crore on Jet Airways, IndiGo and SpiceJet -- an order that is likely to be challenged by the carriers...

S H Kelkar makes stellar market debut, surges over 24%

Nov 16, 2015 at 12:42 | Source: FirstPost

Mumbai - Shares of fragrance maker S H Kelkar and Co made a strong debut at the bourses today, surging more than 24 per cent over the issue price of Rs 180 per share. The stock listed at Rs 222, reflecting a jump of 23.33 per cent compared with the i...

Now, travel without baggage in flights and get special fares

Nov 12, 2015 at 16:50 | Source: FirstPost

Aviation regulator DGCA has now allowed domestic carriers to roll out "zero bag" fares and charge penalty against check-in baggage for tickets booked under such an offer.At present all domestic private airlines except national carrier Air I...

Nifty ends at lowest level in over 2 months, fifth day of losses| Reuters

Nov 11, 2015 at 11:15 | Source: FirstPost

MUMBAIThe Nifty marked its lowest close in over two months and chalked up its fifth straight session of losses in a late-hour selloff as investors gave up positions ahead of a holiday-curtailed week.Indian markets will open on Wednesday for a special...

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