Civil Aviation Minister Ajit Singh informed reporters that according to current estimates, Indian airports would require an investment of about Rs 67,000 crore during the next five years alone of which 75 per cent is likely to be contributed by the private sector. It may be noted that the government approved 15 more airports under the Greenfield Airports policy with majority of them being developed under the public priva
Category: Aviation & Airports
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Air Asia, Tata JV seeks nod for aircraft leasing
For renting and leasing of aircraft, besides carrying of air freight Air Asia and Tata Group have sought approval from the government. The two firms, along with Arun Bhatia of Telestra Tradeplace, have proposed to set up a domestic airline. According to sources, in its application to the FIPB, the partners have also sought permission for engaging in ancillary activities.
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Jet Airways seeks govt’s nod to buy 6 KFA’s slots
With the government withdrawing Kingfisher Airlines' international flying rights and domestic slots, the Jet Airways has approached the Aviation Ministry to acquire six of the vacant slots. The airline company has applied to the government to acquire six slots from Mumbai. Of these, it is looking at four domestic and two international routes, Jet Airways sources said in Mumbai.
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AirAsia India starts headhunting for its crew
AirAsia India, the new joint venture airline that AirAsia Bhd and Tata Sons propose to launch has started approaching top aviation executives in India, as it attempts to build its team ahead of a nod from the government, sources said. The fate of AirAsiaÂ’s proposal will be decided by the government on March 6, but the partners have already scheduled interviews with potential hires this week, indicating their confidence of receiving a clearance.
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AI-owned Dreamliners may fly again next month
Air India's Dreamliner planes may fly again by mid-April, with the airline expressing hope that a permanent solution to the battery-fire that led to the grounding of all the 50 Boeing 787s flying worldwide will be achieved by the month-end, sources said on March 4. Air India's hopes were strengthened after a meeting of officials aviation regulators of seven countries, including the Directorate General of Civil Aviation (DGCA) and the US Federal Aviation Administration, US Department of Transport
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AAI proposes to close Juhu airport’s secondary runway
Even as helicopter operators were expecting a written assurance from the Airports Authority of India (AAI) stating the Juhu airportÂ’s secondary runway would not be shut, AAI has mooted a new proposal that might lead to the runwayÂ’s closure.
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Rs 33,000 cr earmarked to buy aircraft, aeroengines
The Union government has earmarked more than Rs 33,000 crore for acquiring aircraft and aero-engines from the Rs 86,000 crore modernisation budget for the forces. The Indian defence forces are planning to finalise major deals such as the one for 126 Rafale combat aircraft.
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Rajasthan’s Neemrana may get a new airport
Rajasthan's Neemrana is going to have a new airport. The Union government is planning to set up the airport city near Neemrana, bang in between Delhi and Jaipur, a move that's likely to spur real estate and infrastructure development in the region. Over the last few years, Gurgaon has been expanding in the direction of Neemrana, with areas like Manesar already becoming hubs of industrial and housing activity.
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IndiGo launches 8 new flights from March
Low cost carrier IndiGo has launched eight new flights on its domestic network from March 1. The carrier will now operate its fifth daily and direct flight between Delhi and Chennai and second daily and direct flight between Delhi and Kochi. Additionally, the airline will operate its fourth daily and direct flight between Mumbai and Chennai and fourth daily and direct flight between Mumbai and Kolkata.
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Air India to up its flight services in regional routes
Now, Air India wants to expand its presence on regional routes after SpieceJet. SpiceJet's success in tier-II and III markets has propelled the State-run carrier to the move. It will shortly invite bids to replace its fleet of 11 ATR-42s and Bombardier CRJ planes with newer fuel-efficient turbo prop planes to improve its operating result.