Tag: Aviation

Infrastructure ministries to make power point presentation to Modi on Saturday

Infrastructure ministries will make a presentation to Prime Minister Narendra Modi on Saturday at 10 a.m. Sources indicate that the secretaries of Civil Aviation Ministry and other ministries will make a 10-point power point presentation to Modi on what issues need to be tackled. The Ministry of Civil Aviation presentation is likely to focus on… Read More ›

GMR may challenge order scrapping user development fee at Hyderabad airport

HYDERABAD: GMR Hyderabad International Airport Ltd is considering challenging the regulator’s order scrapping the user development fee at Rajiv Gandhi International Airport here, a group official said today. The order by the Airports Economic Regulatory Authority (AERA) will have a negative impact on the company’s financials, said Siddharth Kapur, chief financial officer of GMR Infrastructure’s… Read More ›

Tech firms, Indian airlines join hands for flight safety

NEW DELHI: Aviation technology firms are entering the Indian market in a big way, tying up with airlines like Air India, IndiGo and GoAir to provide critical components to enhance flight safety and run their businesses. Air India today signed a MoU with major US firm Honeywell to upgrade the landing and take-off gears of… Read More ›

Upbeat Boeing and Airbus revise 20-year market outlook for India

As per Boeing outlook, between 2013 and 2032 Indian airlines will buy 1,600 aircraft valued $205 billion.  HYDERABAD: Two of the world’s largest aircraft manufacturers – Boeing and Airbus – have both revised their 20-year market outlook for India stating that the country will see more aircraft sales till 2032 than what they had estimated… Read More ›

Aviation: Big airlines to fight for a pie in the sky

This year, India emerged as one of the most promisingaviation markets in the world, with three international airlines announcing investment plans here. While Abu Dhabi-basedEtihad Airways sealed a Rs 2,058-crore deal for a 24 per cent stake in Jet Airways, the Tata Group made a resounding comeback in the aviation industry, forging tie-ups for two start-up airline ventures…. Read More ›

Aviation covers to gain newer dimensions in gen insurance

There is rise in demand for cover for ground handling and aircraft components Aviation insurance policies that were primarily used to coverthe fleet of the airline companies is now in demand for the other covers provided by this policy. Insurance companies said that apart from airline insurance, covers for ground handling and aviation product liability has been increasingly being… Read More ›

Government to soon take view on foreign direct investment policy in railways: Commerce Minister

The DIPP has proposed 100 per cent FDI in high speed train systems, suburban corridors, high speed tracks and freight lines connecting ports and mines.  NEW DELHI: Commerce and Industry Minister Anand Sharma today exuded confidence that the Cabinet will soon take a view on liberalising FDI policy in railways sector. “All the concerned stakeholders… Read More ›

ITDC’s travel arm, Ashok Travels and Tours launches web portal for B2B, B2E & B2C clients

India Tourism Development Corporation (ITDC)’s travel arm, Ashok Travels and Tours (ATT), an International Air Transport Association (IATA)-approved travel agency, today launched an integrated travel website to offer real-time, travel-related services, including tour packages, to B2B, Business to Enterprise (B2E), and B2C segments. The new portal has been developed by Hermes (I) Tickets Pvt. Ltd.,… Read More ›

MoT to reinforce ‘Find What You Seek’ campaign at ITB Berlin 2014

With a wide variety of tourism offerings, MoT will further push destination India through the ‘Find What You Seek’ campaign at ITB Berlin 2014. The host of states attending the event and the increased number of private players exhibiting at the annual trade show will showcase the ‘best’ that Incredible India has to offer.Anish V… Read More ›

Fare war heralds tighter competition among airlines

Mumbai: State-run Air India Ltd on Wednesday announced a sale with discounts of about 30% on advance bookings, joining a fare war triggered by private-sector airlines to tide over the lean season and to fill up seats faster. Air India is offering discounts on tickets booked between Thursday and Saturday for travel between 29 March and 30 September. “The… Read More ›