Air India is projected to post an operating profit of Rs 300 crore in the current fiscal and there is no plan to privatise the airline, the government has confirmed.

The government has said it still has to work out the modalities of any policy to allow 100 per cent FDI in domestic airlines. “We have not initiated any talks with anyone. What the government said is it will invite 100 per cent foreign direct investment (FDI) in aviation.

Delhi International Airport (P) Ltd, a GMR led consortium, has announced that it has signed a land license agreement with Airbus for setting up India’s first full flight simulator at the Aerocity - Terminal District of Indira Gandhi International (IGI) Airport.

The aviation sector will now be a part of multimodal logistics hubs in India to promote holistic logistics solutions, Union Minister Nitin Gadkari has said.

The government has garnered more than Rs 1.15 crore towards funds for the regional air connectivity scheme, Civil Aviation Minister Ashok Gajapathi Raju has said.

Leasing company BOC Aviation Limited, which has dealt extensively with Indian carriers, has announced the delivery of its 200th Boeing plane to Lion Air Group.

All states will implement GST by July 2017. The Constitution Amendment Bill for Goods and Services Tax has been approved by the President of India post its approval in Parliament (Rajya Sabha on 3 August 2016 and Lok Sabha on 8 August 2016) and ratification by more than 50 per cent of state legislatures.

Aero India 2017, 'Asia's Premier Air Show', organised by Defence Exhibition Organisation, Ministry of Defence and Government of India, is a biennial Air Show and Aviation Exhibition.

Leasing company BOC Aviation Limited, which has dealt extensively with Indian carriers, has announced the delivery of its 200th Boeing plane to Lion Air Group.