New Delhi, June 11: Indicating that the airline industry is in a major crisis, the Civil Aviation Minister Praful Patel said on Wednesday he did not want any airline to shut down due to the rise in fuel price. The minister was speaking after meeting with Prime Minister Manmohan Singh to seek a cut in government taxes on air turbine fuel (ATF). Read the rest of this entry »

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MUMBAI: The Indian aviation industry is likely to suffer losses to the tune of more than USD 2 billion in 2008-09, a top aviation industry consultant said. Read the rest of this entry »

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MUMBAI: Allaying fears of travel agents that interline travel would get adversely affected by the enforcement of 100 per cent e-ticketing, IATA on Saturday said e-ticketing agreements between airlines would cover about 90 per cent of such travel by May 31. Read the rest of this entry »

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New Delhi: Aviation sector has registered over 10 per cent growth in the number of domestic passengers in April, when 38.92 lakh people chose air travel compared with 35.82 lakh in the same month last year. Read the rest of this entry »

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NEW DELHI: India’s rapidly growing civil aviation sector is facing an acute shortage of trained pilots, particularly for wide-bodied passenger jetliners, and nearly 5,000 more pilots may be needed over the next five years. Read the rest of this entry »

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SHANGHAI: China’s new aerospace firm charged with building jumbo-jets will pose no threat to Airbus and Boeing for 20 years and will require the help of foreign technology, state press reported on Monday. Read the rest of this entry »

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KOLKATA: A top-ranking executive with a construction major, Sandip Bose, woke up with a start after getting a message in his cellphone a few days ago. He was told to settle a due of Rs 65,000 for transactions made on his credit card. Read the rest of this entry »

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No-frills, budget airlines seem to have lost their lure. Many domestic airlines have had shorter check-in queues and empty seats between January and March, traditionally the peak season for honeymooners. Read the rest of this entry »

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Investors in aviation stocks may have to wait for long to get good returns. With oil prices touching a record high of $119 per barrel, and rising airfares prompting some passengers to put off flying, Indian carriers are expected to incur heavy losses. In India, prices of aviation turbine fuel (ATF) has gone up by an average of 42 per cent from April 2007. Read the rest of this entry »

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NEW DELHI: In order to give a fillip to the country’s air services to middle-east, India and UAE on Thursday signed a Memorandum of Understanding (MoU) on the revised air service operations between the two countries. Read the rest of this entry »

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