Paramprit Bakshi, Associate General Manager, CAPA, opines that for the aviation industry to gain momentum, a transition from ad-hoc decision making to a rule-based operating environment is a pre-requisite.
FlashNews:
Integrated Exhibition Cum Convention Centre (IECC), better known as Bharat Mandapam, achieves prestigious GRIHA 4-Star Rating
REC Limited Signs Agreement with CVPPL, to provide ₹2147.508 Crore Term Loan to Develop 1000MW Pakal Dul Hydro Electric Project
NBCC Reports Robust 40% Surge in Net Profit
The time to invest in India’s energy sector is now, says PM Modi
India’s Oil Minister Urges Energy Justice to Ensure Equitable Global Energy Transition
How Budget 2025-26 May Bolster Investments in India’s Infrastructure Sector
REC Declares 3rd Interim Dividend of ₹4.30 per share; Net Profit up 23% to ₹4,029 crore
REC wins Gold Shield in ICAI Award for Excellence in Financial Reporting for the Financial Year 2023-24
Budget 2025: Key Highlights
Budget 2025: Key Announcements Impacting Real Estate
Rs 1 trn Urban Challenge Fund to Boost Infrastructure
FM Unveils Major Initiatives for Bihar in 2025 Union Budget
Budget 2025-26: Industry reactions
Budget 2025-26: Rs 1 lakh crore fund to transform cities
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NBCC Celebrates 76th Republic Day at Its Headquarters
RECPDCL Handovers HVDC Transmission Project’s SPV viz. Rajasthan Part I Power Transmission Limited to Adani Energy Solutions Limited
15th Cement EXPO: A Step Forward in Cement Innovation
MOU signed between NBCC and Hindu College for development of “Centre for Advance Studies”
Private players should infuse Rs.50,000 cr
At present, the financial status of the aviation industry is not sound. We have to recognize the potential of the industry. India can be a proposed hub. In global aviation ranking, the Indian aviation sector stands at ninth position.
High Flier
Capt. & Squadron Leader Ajay Chauhan (Retd.) is Director of Civil Aviation, Government of Gujarat and former ADC to the President of India. He has around 25 years experience in the aviation sector.
Pending bills that matter
Industry analysts share their views on the bills that are pending in the Parliament and how they will impact once they take the shape of a law. The Coal Regulatory Authority of India Bill (CRAI) is a much needed piece of legislation.
Pending Bills: Still bill
All hopes are set on the new government that will drive the country's growth in the coming times. While a number of policies and bills were passed towards the end of the last government's term, there are still a number of pending bills that are important for the people,
GE Aviation ties up with AAI
Global aircraft engine supplier GE Aviation is collaborating with Airports Authority of India (AAI) to improve airspace efficiency in Bangalore, Mangalore and Guwahati airports. The collaboration comes through a US Trade and Development Agency grant,
Govt to set up new aviation regulator with more power
Government is considering a proposal to set up Civil Aviation Authority (CAA), which would be a new regulator in the sector by replacing the Directorate General of Civil Aviation (DGCA). Government wants to replace DGCA with the proposed regulator because the former has limited delegation of financial powers and hence it is "incapable of making adeq
India allows lessors to repossess Kingfisher planes
Kingfisher's 15 planes have been deregistered by the Indian civil aviation regulator DGCA paving the way for global leasing companies to take them back and easing worries that the dispute might hurt purchases by other Indian carriers. The move comes a day after officials from German bank DVB, one of the largest global aviation financing banks, met DGCA chief Arun Mishra to press for deregistration of the two aircraft.
Airlines unable to display number of seats at each fare level
Domestic airlines have expressed their inability to comply with the Supreme Court's direction to display the number of seats at each fare level and compressing the wide range of prices for a route. The airline chiefs, who met aviation regulator DGCA recently, argued that implementation of the order would be tantamount to regulation of airfares, something which the government has ruled out.
AI’s Dreamliner fleet to remain grounded till Feb 17
Newly bought six Boeing 787 Dreamliners of Air India would remain grounded till February 17, with further delays expected in the tests being carried out by US and Japanese authorities on the faulty lithium ion batteries used in the aircraft. This means that the newest aircraft in the airline fleet will remain grounded for a month as it was on January 17 that Air India had grounded its Boeing 787 fleet, after the DGCA issued a directive following an advisory by the US regulator Federal Aviation A