Chartered flight with 303 passengers on board, operated by Romanian company Legend Airlines, was on its way to Nicaragua. Indian embassy has got consular access & is investigating.
Suspension of operations at India's largest flying school throws into doubt whether pilot training apparatus can now cater to demand for pilots from airlines as fleets expand.
The panel also asks civil aviation ministry to devise a formula to regulate 'excessive surge' in air fares & says it's crucial to scrutinise audited financial data of airlines regularly.
Akasa Air saw an increase of 0.8% from 4% to 4.8%. However, SpiceJet, which is struggling with financial woes and grounded aircrafts, saw its market share fall to 5.4% in May from 5.8% in April.
By Aditya Kalra NEW DELHI (Reuters) - India's aviation watchdog has put on hold requests from lessors to repossess planes from airline Go First as the carrier's bankruptcy process imposes a freeze on
The move by Aviation Working Group could raise leasing costs for Indian airlines and hurt lessors’ confidence just as the world’s third-largest domestic market faces record growth.
Wadia Group-owned Go First said in petition to NCLT that it owes Rs 11,463 cr to creditors & that its assets 'are not sufficient to meet its liabilities'.
DGCA says India retains ‘Category 1 status’ under FAA’s International Aviation Safety Assessment programme. Category 1 countries allowed to expand services in US, among other things.
In the first eight months of the current fiscal year, New Delhi’s net tax intake didn’t even hit the halfway mark of what it expects to collect by March 31.
As Visakhapatnam readies a mega airport, the Andhra Pradesh government has revived its shelved Dagadarthi project, aiming to boost cargo and connectivity on the south coast.
Speaking at annual press conference, Army chief reiterated that India does not recognise 1963 Sino-Pakistan border pact under which Pakistan illegally ceded Shaksgam Valley to China.
UK, EFTA already in the bag and EU on the way, many members of RCEP except China signed up, and even restrictions on China being lifted, India has changed its mind on trade.
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