Tag Archives: Civil Aviation Ministry

By BA Staff AirAsia India today announced that the airline has been granted the no objection certificate by the Ministry of Civil Aviation and will begin the process of obtaining an Air Operating Permit and prepare to kick-start its operations. AirAsia submitted a request to start a joint venture to begin AirAsia India earlier this year, partnering Tata Sons Limited …

by Devesh Agarwal Air India is well known for receiving thousands of crores of tax-payer rupees in bailouts, however, the unfettered largesse to the beleaguered national carrier does not end there. The airline is the constant recipient of indirect dole in the form of huge overdues to state-run service providers like the Airports Authority of India which runs most of …

by Devesh Agarwal Majority of Jet’s A330 fleet parked at New Delhi’s IGI airport In what is not a very uncommon development, The Economic Times reports, India’s financial markets’ watchdog, the Securities Exchange Board of India, better known as SEBI, has written to the Foreign Investment Promotion Board (FIPB), the approver of FDI proposals, expressing concern on the agreement to …

The renaming of Bangalore’s Bengaluru International Airport (BIA) to Kempe Gowda International Airport received approval from the Union Cabinet yesterday. The lower house of the state legislature, the Karnataka Legislative Assembly, passed a unanimous resolution on December 10, last year and the upper house, the Karnataka Legislative Council, also passed a similar resolution two days later to rename the airport. …

by Vinay Bhaskara Abu Dhabi based full service carrier Etihad Airways announced yesterday that it had achieved record revenue growth for the second quarter and first half of 2013. For Q2 2013, passenger revenues grew a robust 8% to $921 million, while passenger revenues for the first half of 2013 hit $1.8 billion, up 13% from $1.6 billion in 2012. …

by Devesh Agarwal Last week’s deferral by the Foreign Investment Promotion Board (FIPB) of the proposal of Abu Dhabi based Etihad Airways to buy a 24% stake in Jet Airways has brought to light how the middle-eastern carrier will have an equal or higher say in the functioning of Jet despite owning just 24%. The deferral has also shed light …

The Media India Group recently conducted an interview with Indian civil aviation minister Ajit Singh.

by Vinay Bhaskara When Abu Dhabi based Etihad Airlines announced in late April that it had acquired a 24% stake in Mumbai Will the MEB3 hold sway? based full service carrier Jet Airways for $379 million, it marked a paradigm shift in the state of the Indian air travel market. The newly formed “Jetihad” partnership would hold a nearly 18% share …

By Oussama Salah, Vinay Bhaskara, and Devesh Agarwal Photo copyright Devesh Agarwal The Indian government often makes curious decisions in setting aviation policy. For example, it encouraged Air India to lower prices to gain market share, causing mayhem in the market place and increasing Air India’s losses. It also recently  allowed Air Asia to expand in India by approving a …

by Devesh Agarwal Rohit Nandan has completed 18 months as the Chairman and Managing Director of national carrier Air India. Under his tenure, the national carrier appears to have embarked on a path which it hopes will result in a turn-around. The renewed efforts at the airline coupled with the implosion of Kingfisher Airlines, have certainly produced some positive results, …

by Ashwin Jadhav The aircraft acquisition process for airlines in India The Indian government has scrapped its aircraft acquisition committee (AAC), meaning domestic airlines will find it easier to import aircraft. After allowing 49% FDI (foreign direct investment) by foreign airlines, in the Indian airline sector, the government last week moved a step closer to liberalizing the civil aviation space …

by Devesh Agarwal India’s Foreign Investment Promotion Board (FIPB) today gace an in-principle approval to the Joint Venture (JV) company proposal of AirAsia, the Tatas and the Bhatias. The stated goal of this JV company is to form and operate an airline most likely AirAsia India, based out of Chennai. As per a report, the JV will initially invest about …

by Devesh Agarwal As per the budget for fiscal 2013~14, presented yesterday in parliament, the Indian government has earmarked another Rs. 5,000 crore (about $900 million) for equity infusion into ailing national carrier Air India. This is the second tranche of a nine year, Rs. 30,000 crore (about $ 5.5 billion) tax-payer funded equity infusion, which is part of a …

by Vinay Bhaskara As promised, here is the second part of Indian Aviation’s 2012 review, with an airline by airline analysis of the events in 2012. Air India 2012 was another banner year in Air India’s agonizingly slow death spiral. Whether it was yet more labor turmoil related to the still not completed merger with Indian Airlines, a botched Entry …

by Vinay BhaskaraThis is part 1 of our 2012 review of Indian aviation. Part 2 will come next week with a carrier by carrier review of  2012 in Indian aviation. When the story of Indian commercial aviation in 2012 is told, the overarching narrative across almost the entire industry will be one of cautious optimism (though Kingfisher Airlines obviously belies this …

Earlier this month, now shutdown Kingfisher Airlines, once India’s largest private domestic carrier, reported a huge net pre-tax loss of Rs. 1115.5 Crore for the second quarter of Fiscal Year 2012-13. The performance was by far and away the poorest quarterly financial performance out of any Indian airline in the last few years, though that is to be expected given …

India’s erstwhile civil aviation ministry has granted new international flying rights to both national carrier Air India, and private carriers Jet Airways and SpiceJet. First up is Air India, which received flying rights for  several new routes from its Delhi and Mumbai hubs. The Sydney and Melbourne rights give credence to the idea that Air India plans to begin operations …

On Saturday India’s civil aviation minister Ajit Singh, announced that aviation regulator, the DGCA had suspended the operating permit of Kingfisher Airlines, after the carrier failed to respond to their show-cause notice. With mountains of unpaid debts, the airline has been on life-support for some time now. Unpaid employees have been striking since October 1, resulting in a suspension of …