Indian Pilots Guild alleged DGCA granted FDTL timeline extensions, approved airline-specific proposals that went against court orders. It filed contempt plea against DGCA chief.
The crisis also puts DGCA’s vacancies in the eye of the storm. Naidu told the Rajya Sabha in July this year that 190 out of 410 DGCA vacancies would be filled this year.
Despite growing passenger volume, 11 out of 14 carriers reported losses in 2023-24. IndiGo recorded profit of Rs 8,167 crore, which reduced to Rs 7.253 crore in 2024-25.
Both black boxes were recovered from the crash site between 13 and 16 June in Ahmedabad and then flown to Delhi on 24 June for analysis to aid the ongoing investigation.
BJP manifesto pledged over 200 functional airports by 2024, but only 135 are operational. However, there's a shift away from major airports as tier-2 & tier-3 cities see high air traffic.
The standing committee found a serious imbalance in favour of foreign airlines due to the past bilateral policy and recommended steps to develop a global transit hub in India.
Civil aviation minister also said that airlines must proactively monitor their fares rather than wait for govt to step in. He attributed surge to seasonal demand, capacity squeeze.
Crash that killed 4 one of several Pawan Hans chopper accidents in last few decades. These incidents, coupled with losses, operational issues & legal hurdles, may delay disinvestment.
The rules now take effect on 1 July instead of 1 April, the Reserve Bank of India said. New rules may raise cost of raising capital for proprietary trading firms & squeeze profits.
Oleksandr Yakovenko, founder of Ukrainian drone maker TAF Industries, further went on to highlight the growing 'irrelevance' of European defence platforms.
It’s easy to understand why the government can’t speak the hard truth. When this war ends, as all wars do, India’s interests will lie with both the winner and the loser.
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