Talks of zero-regulation international aviation in air
NEW DELHI: In a move that could set the ball rolling for further opening up of the aviation sector, civil aviation authorities from across the globe are meeting in Istanbul in October to discuss the modalities of a zero regulatory regime. Some of the key areas to be discussed during this ‘freedom summit’ are liberalizing the norms for foreign direct investment (FDI), simplifying cross-border consolidation in the sector and doing away with bilateral aviation service agreements. Read the rest of this entry »
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MUMBAI: Jet Airways (India), the country’s largest private airline is likely to merge its wholly-owned subsidiary JetLite into Jet Airways in the current fiscal. Jet promoter Naresh Goyal is considering the merger to break even by the end of the current calendar year. 
Mumbai: Gurgaon-based low-cost carrier SpiceJet Ltd announced on Thursday that freestyle wrestling champion Sushil Kumar, who won a bronze at the Beijing Olympics, can travel free on the airlines all his life. 
New Delhi: Domestic passengers leaving Hyderabad International Airport will now have to pay an additional Rs.375 as user development fee (UDF), the airport operator said Wednesday. 
Chennai: Alliance Air, wholly-owned subsidiary of Air India, will re-link Chennai and Visakhapatnam from August 22. 
Kuala Lumpur: Malaysia Airlines said Wednesday it has teamed up with the operator of India’s Hyderabad airport to set up an aircraft maintenance hub to capitalize on India’s fast-growing aviation market. 
Mumbai: Vijay Mallya-spearheaded Kingfisher Airlines, plans to launch its first international flight on September 3 with a direct Bangalore-London flight. "The countdown has begun. We are all set to fly to London from Bangalore on September 3," a Kingfisher Airlines official said. 
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