Mar 26, 2021 03:46 PM IST
While there have been several attempts by the government in the past, this time there is no choice but to privatize or close down the airline as it is running in losses. The national carrier has run up a debt of around Rs 60,000 crore, he told the India Economic Conclave
- Mar 05, 2021 11:12 AM IST
The aircraft maintenance-repair-overhaul (MRO) industry is labour-intensive and requires skilled technicians. Like Information Technology, where India has become the back-office of the world, certain tweaks in taxation could see aircraft fly to India for MRO visits.
- Feb 27, 2021 10:27 PM IST
Stating that civil aviation is the critical driver of economic growth, he said that between 2013-14 and 2019-20, the country's domestic traffic growth has been 14 per cent.
- Nov 24, 2020 11:48 AM IST
Increased trade and economic activity have meant traffic is rising, led by MSMEs and individual traders, with Visiting Friends and Relatives (VFR) also chipping in. Read on to find out which routes are popular
- Sep 30, 2020 10:04 AM IST
With stake sales bringing down its corporate debt, GMR is now a play on the resumption of air travel
- Jan 20, 2020 02:07 PM IST
Commenting on the 2019 data, a senior official of the Directorate General of Civil Aviation said, "A bit disappointing. In 2019, we faced headwinds on account of Jet Airways but 2020 is going to be different and the double digit growth should be back sooner rather than later."
- Aug 08, 2019 07:21 PM IST
The overall global passenger traffic (domestic and international), however, rose by 5 per cent compared to June 2018, said the International Air Transport Association (IATA).
- Sep 09, 2018 10:06 AM IST
As part of complying with the ICAO norms, the Civil Aviation Ministry has decided that the DGCA would be issuing licensing for air traffic controllers
- Jun 11, 2018 02:17 PM IST
Fuel cost is majorly affecting the airline’s profit, and to cope with that, GoAir is set to lease out some of its old planes
- Apr 06, 2017 10:23 PM IST
India topped the global charts in domestic air passenger growth for the 23rd straight month in February, helped by strong demand and increased load factor, IATA said today.
- Mar 26, 2017 02:25 PM IST
Domestic air traffic has shown a consistent growth of 20 -25 per cent throughout 2015 and 2016, peaking in January this year at 25.13 per cent.
- Sep 22, 2015 07:25 PM IST
India's domestic air traffic grew by a healthy 18.66 per cent to 67.60 lakh passengers in August this year as against the year-ago period, even as airlines had less number of seats filled in their planes in the reporting month compared to July.
- Mar 11, 2014 06:41 PM IST
Malaysian authorities have previously said flight MH370 disappeared about an hour after it took off from Kuala Lumpur for the Chinese capital Beijing.
- Feb 10, 2014 09:03 AM IST
Boeing estimated airlines in the Asia Pacific region would need an additional 12,820 jets valued at USD 1.9 trillion over the next 20 years. It said the fleet would rise to 14,750 in 2032, from 5,090 in 2012.
- Oct 20, 2013 03:33 PM IST
The six domestic airlines reported an over 13 percent increase in the number of passengers flown in September this year at 45.55 lakh, compared to 40.18 lakh passengers flown during the same period the previous year.
- Jul 15, 2013 07:33 PM IST
Cabinet note on India-UAE bilateral air traffic enhancement pact will be ready in 7-10 days. Sources told CNBC-TV18's Sumit Jha that the note will not go forinter ministerial comments.
- Jun 19, 2013 09:56 AM IST
SpiceJet with 19.8 percent share overtook bigger rival Air India which secured 19.1 percent share. Wadia-Group promoted GoAir has 9 percent market share during the period.
- Jun 10, 2013 10:41 AM IST
Torrential rains disrupted normal life in Mumbai after it recorded 9.04 cm rain in the past 24 hours. Waterlogging was reported in low-lying areas of Malad,, Andheri, Versova, Dadar, Parel, Chembur and so on.
- May 31, 2013 10:03 PM IST
India's domestic air traffic saw a marginal decline in April compared to a year ago in face of a strong growth of almost 11 percent in China during the same period, the International Air Transport Association (IATA) said.
- Apr 04, 2013 03:56 PM IST
India's domestic air traffic declined substantially by over nine per cent in February compared with the same month last year, IATA said.
- Jan 31, 2013 07:30 PM IST
Domestic air traffic in India last year shrank 2.1 percent below the 2011 levels due to weak economic growth and exorbitant operational costs, including high taxes, global airlines' body IATA said today.
- Jan 17, 2013 05:42 PM IST
Global air traffic saw a steady growth in November last year, with airlines' body IATA predicting easing of pressure on the air travel markets across the world in the coming months.
- Jul 03, 2012 02:55 PM IST
Global air traffic showed a general downward trend in May in tow with the deteriorating global economic condition, with Indian domestic traffic recording a meagre year-on-year rise of 0.1%, indicating a slowing demand.
- Oct 17, 2011 01:04 PM IST
Saroj Datta stepped down as board member and executive director of Jet Airways recently, after almost decade at the airliner. CNBC-TV18 catches up with him to source out his rich experience and the way forward for the industry as he sees it.
- Sep 12, 2011 05:24 PM IST
India has witnessed an over 25% increase in air traffic in the last two years with Kingfisher emerging as the number one carrier.