The announcement comes five months after the airline made public its intent to buy 50 ATR turbo-prop planes worth USD 1.3 billion to tap the regional aviation market and signed a term-sheet with Avions de Transport Regional GIE (ATR) for the purchase.
According to sources, the government is mulling selling the airline's various businesses such as ground-handling, domestic operations and international flights - in parts.
According to Centre for Asia Pacific Aviation (CAPA) estimates, the current capacity of the country's top 17 airports is between 298-316.5 million passengers per annum.
T2 would be operational from October 29, a joint statement issued by airport operator DIAL and GoAir said.
In an e-mail to select directors and executive directors ahead of the meeting, Bansal asked them to prepare an action plan with the timeline for the implementation.
Fares for flights from Delhi to Mumbai on Diwali eve start between Rs 2,500 and Rs 3,000.
The new plane was delivered to Air India in the presence of its chairman and managing director Rajiv Bansal at the Seattle facility of the US aircraft maker Boeing Co, an airline source said.
Zunum Aero, a start-up based in suburban Seattle, believes millions of people will be comfortable flying on the hybrid electric planes it plans to deliver starting in 2022.
The civil aviation regulator also wants crew to be grounded as soon as they land, if they operate a flight by skipping the test.
The airline hopes to meet the 20-plane requirement for travelling abroad soon, according to The Economic Times.
Now into its second round of bidding, the Regional Connectivity Scheme has come a long way. Here's where it stands right now.
"The funds will be used towards obtaining up to 61 aircraft, including 41 Airbus A320 Family aircraft" and 20 smaller turboprop planes, Lufthansa said in a statement - both types found in Air Berlin's fleet.
"We are conducting the final trial run at the Shirdi airport tomorrow with an ATR 72 aircraft. We have invited President Ramnath Kovind to inaugurate the new airport on October 1," MADC vice-chairperson and managing director Suresh Kakani told PTI here.
The Director-General (DG) of the 1.80-lakh personnel strong paramilitary force, O P Singh, told PTI in an interview that an "economically viable yet strong security proposal" has been prepared by the force and submitted to the Ministry of Civil Aviation for consideration.
As many as 132 pilots and 434 cabin crew of the national carrier have been found by the DGCA to have allegedly skipped the compulsory pre-and post-flight alcohol tests this year.
Nearly three in four of the 41,030 new commercial planes expected to be delivered in the period at a cost of USD 6.1 trillion will be single-aisle, according to the US aircraft maker.
About operating more international flights from Chandigarh, the Minister of State for Civil Aviation said the airlines are free to decide on this.
Airbus today said it plans to tap the potential of the Chinese aviation market by channelising more energy into the country and other emerging economies of the region
Gadkari is part of the group of ministers constituted by the Union Cabinet to chalk out a strategy for disinvestment of Air India.
India and Japan on Thursday signed an agreement that will allow their airlines to operate unlimited number of flights between the two countries.
IndiGo's parent InterGlobe Aviation plans to raise up to Rs 3,945 crore through sale of shares to qualified institutional investors on September 15.
"Arziev announced setting up of a Special Economic Zone in Uzbekistan especially for Indian pharmaceutical companies which are keen to set up manufacturing facilities in Uzbekistan," BRICS CCI said in a statement.
Total income of the Naresh Goyal-promoted airline rose to Rs 5,953 crore from Rs 5,341 crore, an increase of 11.3 percent driven by increased load factor and an average rise in fares.
Infrastructure major GVK group has bagged the financial bid to build and operate second international airport in the Mumbai metropolitan region at an investment of Rs 16,000 crore.
Sources told PTI that Air India has deferred the delivery of at least one A320 neo plane due to problems with CFM engine, probably the first instance of these planes facing woes on account of CFM engine.