Air India has reported an operational loss of Rs 246.14 crore in the three months ended June 2016. The airline had turned operationally profitable in the previous fiscal.
Tag: Civil Aviation
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National Civil Aviation Policy to boost tourism
Ashok Gajapathi Raju Pusapati, Minister of Civil Aviation, has said that the government has taken a number of initiatives to make tourism affordable and accessible to the international traveller.
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Committee on greenfield airports clears four projects
The Steering Committee on Greenfield airports headed by Secretary, Civil Aviation has considered four new airport projects. The Committee recommended Ăâin-principleĂâ approval to three projects in Andhra Pradesh, viz., Bhogapuram, Dagadarthi (Nellore) and Orvakallu (Kurnool).
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50 more operational airports by 2019
Civil Aviation Minister Ashok Gajapathi Raju has said about 50 more airports, including the existing inactive ones, will be activated in the next three years.
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Russia to help India in four key areas
Russia has agreed to help India in four key areas of civil aviation, fertilisers, mining and metallurgy, said an official statement after the fifth meeting of the India-Russia working group on modernisation and industrial cooperation.
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AAI makes a profit of Rs.2,537.36 crore
National airports operator Airports Authority of India (AAI) has enhanced its net profit to Rs.2,537.36 crore in the last fiscal as against a profit-after tax of Rs.1,959.22 crore in FY 15, Minister of State for Civil Aviation Jayant Sinha informed Parliament.
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Civil Aviation policy faces delay over auction proposal
The civil aviation policy seeking to ease rules for airlines to fly overseas and increase regional connectivity will have to wait, as the Prime MinisterĂ´s Office has ordered to go slow on it, according to an Economic Times report.
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Civil Aviation Ministry gives Ă´site clearanceĂ´ 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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Govt likely to come out with new AVIATION policy in May
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.
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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.