In the Union Budget for 2021-22, the aviation ministry has been allocated Rs 3,224 crore, a dip of 22% compared to Rs 4,131 crore allocated for the current fiscal.
In a written reply to the Rajya Sabha, Union Minister Hardeep Singh stated that revenue of airport operators reduced to Rs 894 crore during April-June 2020 from Rs 5,745 crore last year.
Civil Aviation Minister Hardeep Singh Puri had advised airlines Saturday to open bookings only after the govt takes a decision on resumption of passenger flights.
Civil Aviation Minister Suresh Prabhu says move needed because journalists ‘lack perspective’ on issues, but there are fears it is an attempt to peddle govt line.
Leveraging sale of non-core assets and rental income as well implementing robust organisational reforms are part of the government's strategy to revive Air India's funds.
From Munir’s point of view, a few bumps here and there is par for the course. He isn’t going to drive his dumper truck to its doom. He wants to use it as a weapon.
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