Cash-strapped carriers seek PM's intervention to face crisis
Cash-strapped Indian airlines on Saturday sought Prime Minister Manmohan Singh's intervention to help them face the ‘bad operating climate’ and come out of the deep financial crisis.
Top bosses of t
PM to meet airlines' chiefs on Saturday
Prime Minister Manmohan Singh will hold a meeting with chiefs of all Indian airlines on Saturday to discuss the situation being faced by the cash-strapped carriers and other related issues.
Civil Avi
Decision on foreign airlines picking up stakes in two weeks
Government is likely to take a final decision on allowing foreign airlines to pick up stakes in Indian carriers in a 'couple of weeks', with Civil Aviation Ministry proposing a 24 per cent cap as a
Airlines could suffer Rs 15,000 cr loss this fiscal: Assocham
Pitching for opening of the domestic airlines for foreign investment, industry body Assocham on Sunday warned that the airlines could suffer a loss of Rs 15,000 crore this fiscal with Air India accoun
Govt may allow foreign airlines to invest in local carriers: Official
The government is likely to approve a plan to allow foreign airlines to buy stakes in Indian carriers, industry secretary told Reuters on Monday.
"It is likely to happen," R.P. Singh told Reuters ove
on them for charging very exorbitant prices
New Delhi: Domestic airlines have lowered overall air fares by 20 to 25 per cent after the Civil Aviation Ministry and the DGCA cracked the whip on them for charging very exorbitant prices in the last
Airlines to pay for flight delays: Patel
New Delhi, Aug. 3: Airlines will soon have to compensate passengers for delaying/cancelling flights or denying them boarding passes, the Civil Aviation Minister, Mr Praful Patel, said in a written rep
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