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Author: admin (Infratructure Today)

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Jet ties-up code share with South African Airways

Jet ties-up code share with South African Airways

To offer seamless travel to South Africa-bound passengers Jet Airways has entered into a code share arrangement with South African Airways. The code share agreement comes into effect from April 18, a Jet Airways release said in Mumbai on April 16. Code-sharing allows an airline to book its passengers on its partner carriers and provide seamless transport to multiple destinations where it has no presence.

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India to become No 2 in aviation market in a decade

India to become No 2 in aviation market in a decade

Union Civil Aviation Minister Ajit Singh said recently that India would become the second-largest air traffic market in the world within a decade as the government has adopted an open air policy. Speaking at the official inauguration of the new airport at Nagpur in Maharashtra, named the Dr BR Ambedkar International Airport, he said domestic carriers flew close to 162 million passengers in 2011-12, up from 143 million in 2010-11.

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Deal between Jet and Etihad may be concluded in a month

Deal between Jet and Etihad may be concluded in a month

According to sources in the union aviation ministry, the deal between Jet Airways and Abu Dhabi-based Etihad Airways may be clinched in a month. The government is expected to assuage the concerns of Etihad Airways on investor protection and help both the companies finalise the deal soon, sources

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Hyderabad airport awarded as No 1 in India,

Hyderabad airport awarded as No 1 in India,

Hyderabad's Rajiv Gandhi International Airport (RGIA), being managed by the GMR Group, has been rated as the number one airport in India, the fifth best regional airport in Asia and also as the eighth best airport in the 5 to 10 'mppa' capacity. The World Airport Awards are the global benchmark of Airport Excellence and Quality Ranking, it added.

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Now GoAir’s flights from Mumbai-Srinagar

Now GoAir’s flights from Mumbai-Srinagar

No-frill carrier GoAir will operate direct flights between Srinagar and Mumbai from April 18 for the convenience of passengers in general and tourists particularly. GoAir will operate direct flights between the two cities, Chief Executive Officer of the airline service provider, Giorgio De Roni, said in Jammu on April 17. The carrier is exploring possibilities to operate night flights from several capital cities to Srinagar, he said during a meeting with J-K Tourism Minister Ghulam Ahmad Mir.

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IDFs set to get funds from EPFO

IDFs set to get funds from EPFO

Following the approval of new norms by the board of the Employees' Provident Fund Organisation, the pension fund may invest part of its Rs 5 trillion corpus in infrastructure debt funds (IDFs). The new norms allow the pension fund body to invest in bonds with tenures up to 25 years and this may enable it to consider IDF