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AirWorks plans to invest Rs 180 cr22-NOV-09
Firm works on expansion despite the sector failing to show signs of revival.
DGCA to more than double staff20-NOV-09
The Directorate General of Civil Aviation (DGCA) will nearly triple its current staff strength to meet the demands of a growing aviation industry. The aviation regulator, which currently has a staff of about 250, has created 427 Group-A posts in various directorates across the country.
Bird hits cause Rs 7 cr loss for airlines18-NOV-09
Cash-strapped airlines have been pounded on another front suffering a loss of at least Rs 7 crore this year on account of bird hits.
Air India to get Rs 400 cr in Jan18-NOV-09
National Aviation Company Ltd, which runs Air India, will receive a government grant in the form of equity infusion of Rs 400 crore by January.
Beef up security for public, pvt aircraft fleet: Centre17-NOV-09
With rising terror threat, the Centre today asked states to beef up security for both public and private aircraft fleet and aviation facilities, including abandoned airstrips, and carry out drills on a regular basis.
India may join US, EC to liberalise aviation sector17-NOV-09
India may join seven other nations and the European Commission (EC) which have signed an agreement to liberalise state control, enabling their airlines to access foreign capital and seek mergers and acquisitions worldwide.
Frankfinn rolls out new courses17-NOV-09
Frankfinn Institute of Airhostess Training, a division of Frankfinn Aviation Service Limited, has rolled out new courses- First Impression and Frankfinn Corpexcel at its Bhubaneswar centre.
EADS chief says Airbus may cut output again in late 201016-NOV-09
European aircraft maker Airbus may cut production further in the second half of next year, Louis Gallois, chief executive of parent company EADS, said in Dubai today.
First tranche of AI equity infusion likely by Dec: Patel14-NOV-09
Air India is likely to receive the first tranche of equity infusion by December, Civil Aviation Minister Praful Patel said today.
BA, Iberia to merge; new co to have $22 bn in revenues13-NOV-09
British Airways and Spanish carrier Iberia have agreed to merge in all-share deal to create a combined entity of euro 15 billion ($22 billion) in revenues.
Air India to get equity infusion: Patel12-NOV-09
The government would infuse additional equity into ailing Air India provided it saves at least Rs 2,000 crore this financial year by implementing cost-cutting measures, Civil Aviation Minister Praful Patel said today.
Air India FY09 net loss at Rs 5,548 cr11-NOV-09
Burdened by high fuel and labour costs, cash-strapped Air India suffered a net loss of Rs 5,548 crore in 2008-09, as its total revenue declined by around Rs 2,000 crore compared to the previous fiscal.
Test flights on green fuel by global airlines11-NOV-09
With global aviation bodies like International Air Transport Association pressing for reduction of carbon emissions in the sector, some major airlines have carried out test flights using biofuel and alternative fuel, which are cleaner.
AI board meets tomorrow; may scrap PLI to mgmt10-NOV-09
"The main agenda is adoption of accounts for the previous financial year," sources close to the development said. The meeting, to be held in Chennai, is also likely to discuss route and capacity rationalisation as part of the cost-cutting proposals.
Expat pilots, hiring firms account for 10% of AI salary bill09-NOV-09
Cash-strapped Air India has been spending around 10 per cent of the airline’s total salary bill to pay its team of over 160 foreign pilots and hiring companies.
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