The Centre has proposed to implement the new civil aviation and tourism policy in May. The Ministry will take a decision on the controversial 5/20 rule in the new policy.
Category: Aviation & Airports
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DGCA considers easing of import norms for aircraft
Domestic airlines might soon be allowed to import aircraft that are up to 18 years old, with aviation watchdog - the Directorate General of Civil Aviation (DGCA)
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´Operators don´t follow AAI rules´
Vice-president of Maharashtra Navnirman Vidyarthi Sena, Akhil Chitre, has alleged that Mumbai Airport operators, GVK, are not following the rules laid down by Airports Authority of India.
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AAI likely to post all-time high revenue
National airports operator Airports Authority of India (AAI) is expected to report an all-time high revenue of Rs.10,000 crore, with an estimated flat profit growth in FY16.
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Financial bids invited for Navi Mumbai airport
The City and Industrial Development Corporation (CIDCO) has invited financial bids for the proposed Navi Mumbai airport.
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Civil Aviation Ministry gives ´site clearance´ for 4 airports
The Ministry of Civil Aviation has given in-principle approval for a greenfield airport in Gujarat as well as site clearance for four airports in Andhra Pradesh and Rajasthan this year.
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Domestic airlines to add 50 planes in FY17
Buoyed by strong passenger growth, domestic air carriers are set to add close to 50 planes to their fleets in 2016-17, from 34 additions a year before.
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Fairfax buys 33 per cent in Bengaluru Airport
Prem Watsa-backed Fairfax has bought a 33 per cent stake in Bangalore International Airport for Rs.2,149 crore from GVK Power and Infrastructure, which is selling assets to pare debt. Canadian billionaire Watsa controls travel operator Thomas Cook and will become the largest shareholder in BIAL, India's first newly built PPP international airport.
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Airlines should avail opps: Mukund Rajan, Vistara
With the Civil Aviation Ministry set to finalise the aviation policy soon, which will also decide the fate of the norms for international operations by domestic airlines, Tata Sons said the industry should avail opportunities rather than discuss rules. 'I would say let us all move on..
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New civil aviation policy may be out in April: Civil Aviation Minister
Union Civil Aviation Minister Ashok Gajapathi Raju said late March the new National Civil Aviation Policy is likely to be out in April. 'We are working on the policy which is likely to be out next month.