The increase — from Rs 1,800 cr to around Rs 6,000 cr — will be driven by various factors like expansion of fleets & ongoing investment in airports, says CRISIL Ratings report.
Under current regulation, airfares aren't regulated by govt or DGCA. On 5 June, civil aviation minister Jyotiraditya Scindia told airlines to keep fares on particular routes 'within limit'.
The civil aviation minister said conditions were ripe for a 'leap of faith' by both jet makers as India's fast-growing aeronautical industry reaches an 'inflection point'.
Almost all other Indian carriers are expected to order new aircraft in the next 24 months. India needs to add at least 500 planes to manage growing demand, says an aviation expert.
The vaccine news has prompted a spate of technology-led moves to devise mechanisms to monitor travelers’ Covid credentials and combat false claims from people desperate to fly.
Despite less intense outbreaks in these cities, a recent uptick in cases in Hong Kong proved enough to delay the start of the air corridor between the two financial hubs.
Countering insurgency needs the Pakistan Army to demonstrate a political will that ties leaders at the centre with those in the borderlands. But it may not have the imagination.
Centre for Science and Environment in new report makes case for rationalising GST on waste material, saying most informal operators can’t afford high tax & it also hinders recycling.
21st edition of annual joint military exercise will be held from 1 to 16 September, aimed at sharing military tech, operational best practices & disaster relief coordination methods.
Standing up to America is usually not a personal risk for a leader in India. Any suggestions of foreign pressure unites India behind who they see as leading them in that fight.
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