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Aviation Ministry working on airfares after PM Modi's concerns

Last Updated: Wednesday, September 2, 2015, 23:46

The Civil Aviation Ministry is working on options to address the issue of airlines charging high fares, especially during festive seasons, in the wake of serious concerns expressed by Prime Minister Narendra Modi on the issue but ruled out regulating ticket prices.

Private carriers in financial stress, asked to take corrective steps: Minister

Last Updated: Monday, July 27, 2015, 20:09

Private domestic carriers are in varying degree of financial stress and have been told to take corrective measures to strengthen their balance sheet without compromising the safety of operations, Minister of State for Civil Aviation Mahesh Sharma informed Lok Sabha Monday.

Air India cuts losses to Rs 5,547.47 cr

Last Updated: Monday, July 27, 2015, 15:52

Air India has reduced its net loss by more than a quarter to Rs 5,547.47 crore in the previous fiscal as compared to a net loss of Rs 7,559.74 crore in FY12, government said on Monday.

Air India cuts losses to Rs 5,547.47 cr

Last Updated: Monday, July 27, 2015, 15:52

Air India has reduced its net loss by more than a quarter to Rs 5,547.47 crore in the previous fiscal as compared to a net loss of Rs 7,559.74 crore in FY12, government said on Monday.

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.

Mahesh Sharma says norms can be found to regulate airfares

Last Updated: Thursday, July 23, 2015, 15:52

After a flip-flop over new airport around the national capital, Tourism Minister Mahesh Sharma appears to have two minds over capping or regulating airfares - one view was communicated in parliament and the other at an event here on Thursday.

Sharma visits ATC tower at airport; takes stock of situation

Last Updated: Sunday, May 24, 2015, 20:32

Union Minister of State for Civil Aviation Mahesh Sharma Sunday made a surprise visit to the Air Traffic Control (ATC) tower at the Delhi airport and took stock of the functioning of the air traffic management.

Govt to privatise 8 sick ITDC hotels, will retain Ashok

Last Updated: Sunday, May 24, 2015, 15:36

Government will soon privatise eight loss-making hotels run by India Tourism Development Corporation (ITDC) as it plans to "offload" all the sick units, Tourism Minister Mahesh Sharma said.

New civil aviation policy likely by May 15: Minister

Last Updated: Thursday, April 9, 2015, 18:57

A new civil aviation policy that is expected to focus on developing six metro airports as international hubs and also address several key issues is likely to be unveiled by the Government before May 15.

Predatory air fares need to be regulated: Minister

Last Updated: Thursday, April 9, 2015, 16:12

There is a need for regulating "predatory" air fares instead of having a total pricing control, Union Minister Mahesh Sharma said on Thursday.

No decision on scrapping of 5/20 norms: Mahesh Sharma

Last Updated: Thursday, March 26, 2015, 19:22

The Civil Aviation Ministry is also likely to put in place a new aviation policy after concluding consultations with all stakeholders.

New civil aviation policy to be finalised shortly: Minister

Last Updated: Thursday, March 26, 2015, 13:43

Government is likely to finalise the new civil aviation policy shortly, Minister of State for civil aviation Mahesh Sharma said on Thursday.