Kingfisher yet to clear Rs 280 crore dues of AAI
Kingfisher Airlines, which is reeling under more than Rs 7,000 crore of debt, owes dues of about Rs 280 crore to the Airports Authority of India (AAI).
"Kingfisher owes dues of Rs 279.52 crore towar
State taxes on ATF should come down: Ajit Singh
Urging the states to cut the taxes on aviation turbine fuel, Civil Aviation Minister Ajit Singh on Saturday said that airlines themselves will have to decide whether to increase fares in view of the s
Govt approves turnaround plan for Air India
In a big boost to ailing Air India, the government on Thursday approved a turnaround plan (TAP) to restructure the operations and the finances of the cash-strapped carrier, including infusion of add
FDI in airlines: Cabinet to decide in next few weeks
The issue of allowing foreign airlines to buy up to 49 per cent stake in Indian carriers, mostly cash-starved, is likely to come up before the Union Cabinet in the next few weeks, official sources
Rs 10 cr daily loss of AI: Government
The government on Wednesday said national carrier Air India was making operational losses of Rs 10 crore every day.
"The total loss of Air India every day on its operations is approximately Rs 10 cr
India joins China in boycott of EU carbon scheme
India joined China in asking its airlines to boycott the European Union's carbon scheme on Thursday, confirming what a senior Indian government source previously told Reuters and stoking a diplomatic
20 pilots tested alcohol positive in nine months: Ajit Singh
Twenty pilots belonging to different commercial airlines were found to be 'alcohol positive' in pre-flight tests between June last year and February this year, the government said on Wednesday.
"20 p
Govt awaiting DGCA report on Kingfisher Airline: Ajit Singh
A day after the government warned Kingfisher Airlines that its flying licence could be cancelled, Civil Aviation Minister Ajit Singh on Wednesday said he is awaiting a report from sectoral regulato
Expanding Indian, Chinese markets will boost aviation sector: Ajit Singh
Even as rising fuel cost and the European debt crisis had its impact on the global aviation industry in 2011, the Asia-Pacific, particularly the expanding Indian and Chinese markets will help boost th
Kingfisher cannot be closed down because of losses: Ajit
Beleaguered Kingfisher Airlines cannot be closed down just because it is making losses and banks are not helping it out with funds, Civil Aviation Minister Ajit Singh said on Wednesday.
"You ca