Cathay Pacific would add more direct flights from Mumbai to Hong Kong from April. The Hong Kong-based full service airline will also introduce its new product line of the premium economy cabin on this route after launching it in Delhi and Chennai last year.
Author: admin (Infratructure Today)
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SC prodded DGCA to examine air tickets’ tariff structure
Following the Supreme Court's direction, the Directorate General of Civil Aviation (DGCA) would look into the tariff structure of Indian airlines. The SC's direction was in view of the wide range of the base prices of air tickets. The apex court observed that the price bands were too wide and directed the DGCA to examine the matter.
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Air India’s budget hits as Dreamliners grounded
It has been a week since the United StatesĆā regulator, Federal Aviation Administration (FAA), asked airlines around the world to ground B787s due to battery problems. India's government-owned Air IndiaĆās (AI) grounding of its Boeing-787 Dreamliners has already started adding to the airlinesĆā fuel cost by around Rs 40 lakh daily, apart from forcing changes in flight schedules.
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HAL to be the lead integrator in MMRCA project
Hindustan Aeronautics (HAL) would be the lead integrator for producing 108 multi-role combat aircraft in the country after French firm Dassault Aviation sought to play a bigger role in the multi-billion dollar project, said the Union Defence Ministry on January 21.
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No plan to invest in Indian airlines: IAG
The International Airlines Group, the sixth largest airline globally in revenue terms, said it did not have plans to invest in any Indian airline. Formed in January 2011, IAG is the parent company of British Airways, Iberia and bmi. This follows speculation that Delhi-based low-cost airline IndiGo was looking to tie up with British Airways.
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FII investment cap in bonds raised
The ceiling on investment by foreign institutional investors (FII) in government bonds and corporate bonds has been raised by $5 billion each. The sub-limit of $10 billion for investment by FIIs in G-secs was enhanced by $5 billion, Reserve Bank of India ( RBI) said. The cap on corporate debt other than in the infra
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Centre okays two key road projects for Arunachal
The Union government on January 21 approved the construction of two roads in Arunachal Pradesh - Bameng to Lada (55 kms) and Miao to Vijaynagar (157 kms) - in principle under the Prime Minister Gram Sadak Yojana (PMGSY).
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NHAI formulating policy for early exit of developers
The National Highway Authority of India (NHAI) is preparing a new policy that would facilitate and allow the construction companies to exit as soon as the road project is commissioned. The NHAI's move follows highway construction industry's pressing demand to allow them to disinvest from the highway projects when those are commissioned.
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Reliance Metro’s Airport Express Line Recommences Operations
Reliance Infrastructure Limited (RInfra), part of the Reliance Group, through its Special Purpose Vehicle (SPV) Delhi Airport Metro Express Private Limited (DAMEPL), today announced that the Airport Metro line would resume commercial operations at its regular timing of 5:30 AM from January 22, 2013.
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Oil ministry seeks speedy nod for 20 blocks
Of the 52 oil and gas blocks which are awaiting clearances from the defence and environment ministries, the oil ministry plans to request Cabinet Committee on Investment (CCI) to expedite nod for 20 offshore exploration blocks. Speedy clearance for these blocks would benefit prospective contractors like RIL, Cairn, BP, BHP Billiton, ONG