Tag Archives: Government

How the government could spin repatriation flights to oil India’s stagnant aviation sector

May 13, 2020 Comments Off on How the government could spin repatriation flights to oil India’s stagnant aviation sector

A tail parade of each of Air India's Boeing aircraft as in 2011. The 747-400, 777-300ER, 777-200LR and 737-800.

Guest post by Shivam Vahia. The Government of India (GoI) has undertaken a massive exercise dubbed “Vande Bharat Mission” to bring back Indians stuck in other countries amidst the COVID-19 pandemic. These flights are technically “repatriation” flights and not “evacuation” because the passengers are paying for the seat, and the state isn’t bearing the end-cost. Unlike previous efforts like the …

Read More »

Air India wants 2400 crores more, the bleeding continues

December 24, 2019 Comments Off on Air India wants 2400 crores more, the bleeding continues

Air India Boeing 747-400 VT-ESP Ajanta. Image copyright Devesh Agarwal.

After a loss of 8,556 crores in FY19, the Chairman and Managing Director (CMD) of Air India has indicated that the airline needs a sovereign guarantee of 2400 crores to fund ongoing operations. The airline continues to bleed cash at an alarming rate. Capacity woes continue and estimates indicate that twenty-two aircraft are grounded. On the costs side, there have …

Read More »

To attract buyers Government allows 49% foreign investment in Air India

January 10, 2018 Comments Off on To attract buyers Government allows 49% foreign investment in Air India

The Air India ramp at Mumbai CSMI Airport. Photo by and copyright Devesh Agarwal.

In a bid to attract more bids, the Union Cabinet of the Government of India, has allowed up to 49% Foreign Direct Investment in the national carrier Air India which is up for disinvestment. In a release the Government said “It has now been decided to do away with this restriction and allow foreign airlines to invest up to 49% …

Read More »

Seven key implementation challenges of UDAN the Regional Connectivity Scheme

April 11, 2017 Comments Off on Seven key implementation challenges of UDAN the Regional Connectivity Scheme

Tails of Air India and it's old subsidiary Alliance Air.

5 bidders were awarded routes under th;e regional connectivity scheme called UDAN and announced this Thursday. The selected bidders were SpiceJet Alliance Air TruJet Air Odisha Air Deccan These airlines collectively are scheduled to fly 128 RCS routes connecting the North, South, East and West parts of the countries with unserved and underserved cities.  Bangalore Aviation has been looking at …

Read More »

India permits 100% foreign investment in airlines and airports

June 20, 2016 Comments Off on India permits 100% foreign investment in airlines and airports

Domestic ramp at Mumbai Chhatrapati Shivaji airport. Photo copyright Devesh Agarwal.

As part of a dramatic overall liberalisation, the Indian government will allow 100% foreign direct investment in domestic airlines. At present the limit is 49%. However, the caveat is that the 49% is automatic approval while the 100% is automatic for non-resident Indians (NRIs) and with government approval for others. Foreign airlines remain limited investing 49% in Indian companies operating …

Read More »
+OK
+OK