India needs 1,740 new aircraft worth $240 bn in next 20 years: Boeing

Last Updated: Wednesday, August 12, 2015, 19:09

Raising its forecast for the Indian market, Boeing Wednesday said the country will need 1,740 new aircraft worth USD 240 billion over the next 20 years.

Naresh Goyal pitches for reducing aviation fuel prices

Last Updated: Thursday, August 6, 2015, 23:25

Jet Airways chairman Naresh Goyal Thursday pitched for reduction in aviation fuel prices in the new civil aviation policy being prepared by the government.

Naresh Goyal pitches for reducing aviation fuel prices

Last Updated: Thursday, August 6, 2015, 20:54

After meeting senior Civil Aviation Ministry officials, Goyal expressed satisfaction over the steps initiated by Prime Minister Narendra Modi-led government to boost the economy

Air India may request DGCA for Soman's reinstatement

Last Updated: Sunday, August 2, 2015, 11:43

National carrier Air India may request aviation regulator DGCA to reconsider its order removing A S Soman from the post of its flight safety chief after discussing the issue Monday.

Govt to infuse additional Rs 800 crore into Air India

Last Updated: Friday, July 31, 2015, 20:35

The Finance Ministry on Friday sought Parliament's nod for making an additional equity infusion into Air India worth Rs 800 crore, less than half the amount sought by the Civil Aviation Ministry for the national carrier.

Air India to induct 800 additional cabin crew by October

Last Updated: Sunday, July 26, 2015, 13:24

The planned intake of 800 additional cabin crew by Air India is expected to be completed by October to help the airline tide over the massive shortage and improve its on-time performance.

SpiceJet says in early talks with investors, denies tie-up with airlines

Last Updated: Friday, July 24, 2015, 19:32

SpiceJet Friday said a few potential investors are currently in "exploratory and preliminary" discussion with it, evincing interest to invest in the no-frills carrier while denying reports of entering into any commercial tie-up with any airline.

Air India facing tremendous financial stress: Ashok Gajapathi Raju

Last Updated: Thursday, July 23, 2015, 20:37

National carrier Air India is under "tremendous" financial stress and needs to ensure that its team works in a more "cohesive" manner, Civil Aviation Minister Ashok Gajapathi Raju said Thursday.

Govt extended 'light hand-holding' to SpiceJet: Aviation Minister

Last Updated: Thursday, July 23, 2015, 19:39

The government had extended "light hand-holding" to SpiceJet when it went through turbulent times, according to Civil Aviation Minister Ashok Gajapathi Raju.

Govt mulls capping airfares to curb predatory pricing ways

Last Updated: Thursday, July 23, 2015, 16:02

Government is looking at ways to curb predatory airfares, Union Minister Mahesh Sharma said Thursday only two days after he ruled out considering a mechanism to deal with such practices.

Domestic carriers should utilise bilateral agreements: Ashok Gajapathi Raju

Last Updated: Thursday, July 23, 2015, 15:46

Sending out a strong message, he said domestic airlines, both public and private ones, need to "pull up their socks" with regard to utilisation of bilaterals.

Air India to raise foreign loan worth $300 mn through ECB

Last Updated: Wednesday, July 22, 2015, 21:51

Air India will raise USD 300 million (about Rs 1,900 crore) by way of ECB and the government will provide guarantee for the loan, a senior Civil Aviation Ministry official said Wednesday.