Raju exhorts domestic airlines to utilise 'unused bilaterals'

Last Updated: Thursday, December 25, 2014, 19:49

Advocating scrapping of the '5x20 Rule' which bars certain Indian carriers from flying abroad, Civil Aviation Minister Ashok Gajapathi Raju Thursday exhorted domestic airlines to fly on routes where the bilaterals signed between India and other countries have been lying unused.

Airline sector running through 'turbulent weather': Raju

Last Updated: Thursday, December 4, 2014, 15:24

The airline sector is running through a "lot of turbulent weather" with troubled SpiceJet seeming to give "us heart attacks", Civil Aviation Minister Ashok Gajapathy Raju said on Thursday.

Restrictions on local carriers flying abroad set to ease

Last Updated: Tuesday, January 14, 2014, 15:14

India could ease restrictions that prevent its domestic airlines from flying on international services within a month, potentially benefitting start-ups set up by Singapore Airlines and Malaysia`s AirAsia that aim to begin operations in 2014.

'Domestic airlines may have suffered Rs 10k-cr losses in FY13'

Last Updated: Thursday, September 26, 2013, 18:46

The domestic airlines industry is estimated to have posted losses to the tune of over Rs 10,000 crore in the previous fiscal, nearly 18 percent down from a year ago, according to a report.

Domestic airlines require strong promoters: India Ratings

Last Updated: Thursday, August 22, 2013, 20:21

The domestic airlines require a strong, supportive promoter to improve their viability amid a challenging operating environment, says a report.

'India may be among top three aviation markets by 2020'

Last Updated: Thursday, February 7, 2013, 22:06

Domestic traffic in India saw a Compounded Annual Growth Rate (CAGR) of 17 percent between 2009 and 2011.

Amid ebbing travelers, IndiGo retains top slot for third consecutive month

Last Updated: Friday, October 19, 2012, 13:38

Domestic airlines carried 438.39 lakh passengers in January to September this year, a decline of nearly a per cent compared with the same period last year.

FDI in aviation may give flight to domestic airlines

Last Updated: Sunday, January 22, 2012, 20:04

The Indian aviation market is one of the fastest growing in the world. Last year, it expanded by 20 percent.

India may allow global airlines to invest in local carriers: Reports

Last Updated: Sunday, October 23, 2011, 11:28

The Industry Ministry has recommended allowing foreign airlines to pick up stake in domestic carriers but with a cap of 26 percent-- a major move to liberalise the cash-strapped sector.

DIPP favours foreign airlines' investment in domestic carriers

Last Updated: Wednesday, September 21, 2011, 18:38

The Industry Ministry is in favour of allowing foreign airlines to invest in domestic carriers, saying it would help the cash-crunch industry to raise equity, an issue that does not find support among many Indian airlines.