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Shockingly an Airport Authority of India (AAI) reached the spot with support 25 minutes later, according to the Indian Coast Guard. (Photo: DC)

Airports need Rs 2.4 trillion investment in 10 years to meet demand

The country invested around Rs 52,000 crore over the last decade at various airports.

10 Oct 2017 7:15 AM GMT

SpiceJets co-founder, owner and MD Ajay Singh has reportedly bough a controlling stake in the media channel NDTV. Photo: PTI

Lower state taxes on ATF, make fuel part of GST: SpiceJet chief

Cut in state taxes on ATF and bringing it within GST to make Indian aviation sector fastest growing in the world.

6 Oct 2017 9:22 AM GMT

Market indices opened sharply higher on Thursday, with the Sensex rising 383.96 points to 33,403.03 and the Nifty gaining 124.10 points at 10,252.50.

Aviation, oil marketing cos rise on lower global crude oil prices

Shares of aviation and oil marketing companies surged up to 6 per cent on Wednesday.

21 Nov 2018 12:34 PM GMT

Pilot of Air India Jaipur-Delhi flight refused to fly due to duty limitations prescribed by the DGCA. (Photo: File)

India allows 49 per cent foreign investment in state-run airline

Air India has slowly lost market share to new low-cost private players in one of world's fastest-growing airline...

10 Jan 2018 10:58 AM GMT

Today around 450 airplanes, including both government and private, are operational in the country. Within last one year, order for 900 new airplanes has been placed, Modi said.

BJP govt boosted Indian aviation, 900 airplanes ordered in last 1 yr:...

Modi accused former governments of stalling infrastructure projects and said his govt started development projects worth...

18 Feb 2018 2:42 PM GMT

IndiGo on Tuesday announced that it had placed an order for 300 A320neo family aircraft, comprising A320neos, A321neos and A321XLRs. (Representational Image)

'Golden age' for Indian aviation sector; fundamentals strong: IndiGo...

The traffic grew just 1.18 per cent in September, as per the latest available official data.

18 Nov 2019 4:35 AM GMT

India can benefit from the ongoing challenges in global trade provided it plays its cards well, Commerce and Industry Minister Suresh Prabhu on Monday said.

Centre, state should have a common platform for expanding aviation...

UDAN would never have taken off and would have still been grounded had there been no state participation.

28 Feb 2019 10:44 AM GMT

The selected airline is expected to start operations from November 2018 onwards, a spokesman of the Civil Aviation Department said here.

Indian airline sector to shrink losses by two-thirds next year: CAPA...

Indian carriers to lose a collective USD 550 million to USD 700 million for financial year 2020.

12 Feb 2019 7:23 AM GMT

Air cargo volumes have recorded declines as unresolved disputes and the imposition of trade tariffs led to a marked slowdown in international trade flows. (Photo: ANI)

Moderate growth in air passenger markets, but further decline in cargo...

AAPA showed continued growth in international air passenger markets supported by ongoing expansion in the global...

27 May 2019 7:36 AM GMT

The case relates to alleged violation of norms by directors of the aviation company for relaxation of 5/20 rules in the aviation sector to get licenses for international operations, as well as violation of Foreign Investment Promotion Board (FIPB)rules, CBI said. (Photo: PTI | Representational)

Aviation premium up 33 per cent in FY19

In FY19, total aviation premium written by domestic insurers stood at Rs 544 crore.

17 May 2019 8:49 PM GMT

The selected airline is expected to start operations from November 2018 onwards, a spokesman of the Civil Aviation Department said here.

Civil aviation minister says confident airline capacity problems will...

The airline and its lenders have been searching for new investors, while employee unions have been calling for...

15 Jun 2019 4:23 AM GMT

FIPB takes a call on proposals for FDI in ocuntry.

Budget 2019: Govt contemplating higher FDI in aviation, media, says...

Global FDI flow slipped by 13 per cent in 2018 to USD 1.3 trillion, from 1.5 in the previous year.

5 July 2019 6:36 AM GMT