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IndiGo Faces Rs 944 Crore Tax Penalty, Terms It "Erroneous"
With the Income Tax Department imposing a penalty of Rs 944.20 crore on IndiGo, India's largest airline has termed the order "erroneous" and vowed to challenge it legally.
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Decoding Qantas' "Ghost Flights" Scandal, Which Led To $66 Million Penalty
Australia's competition watchdog, the Australian Competition and Consumer Commission, revealed that Qantas "admitted that it misled consumers" by advertising seats on tens of thousands of flights, despite the fact that these flights had alread
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305 Enforcement Actions Taken Against Airlines, Individuals In 2022
Aviation safety regulator DGCA took 305 enforcement actions, including imposing financial penalties against various operators and individuals, among others for non-compliance of various norms during 2022, an official statement said on Sunday.
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Traffic At Jammu Airport Jumps After Scrapping Of Load Penalty
Passenger traffic at the Jammu airport jumped soon after the load penalty for the strategically important airport was scrapped, allowing airlines to fly full capacity, officials said.
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Vistara Waives Charges For Lucknow, Delhi Passengers
"Due to the ongoing situation in Lucknow, Vistara announces free change to bookings and cancellation without any penalty for those booked to travel to and from Lucknow. Fare difference, if any, will be applicable," a Vistara statement said.
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Now, Huge Fine For Excess Baggage On Trains Too
Like airlines, carrying extra luggage on railways will now involve extra charges and a penalty. For decades, the railways have been lenient about passenger luggage -- so much so that many passengers are not even aware how much baggage they are allowed to carry. Railway officials say the laxity has led to enormous quantities of luggage being carried...
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Aviation Regulator DGCA To Get Powers To Impose Penalties
The government plans to provide the Directorate General of Civil Aviation or DGCA with powers to impose penalties for violations. The proposal, which has been in the works for some time, would give more leeway for the regulator in taking enforcement actions against erring entities.
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Sri Lanka To Pay $115 Million For Cancelling Planes: Source
Sri Lanka's cash-strapped national carrier said Wednesday it will pay a penalty for cancelling leases on four Airbus A350s, with official sources putting the figure at about $115 million.
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Spicejet Asked To Pay Rs 60,000 For Losing Passenger's Luggage
The apex consumer court has asked SpiceJet airline to pay compensation and penalty of Rs 60,000 to a Tripura resident for losing his luggage in one of its flights.
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Airlines to Challenge Competition Regulator's Rs 258 Crore Fine
Jet Airways, IndiGo and SpiceJet on Wednesday said they would pursue legal steps against Competition Commission of India's order imposing penalties totalling Rs 258 crore on them for anti-competitive practices related to air cargo.
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Jet Airways, IndiGo, SpiceJet to challenge Rs 258-Crore CCI Fine
In a separate filing, InterGlobe Aviation said the company is studying the CCI order and would take legal steps to challenge it in the appropriate forum. "The company has been legally advised that it is not in contravention of the provisions of the Competition Act, 2002," it noted.
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IndiGo, SpiceJet Shares Rebound as Investors Overlook Rs 106 Crore Penalty
IndiGo and SpiceJet shares staged a dramatic rebound on Wednesday, while Jet Airways traded off the day's lows. The three carriers had earlier slumped between 2-4 per cent on the Competition Commission of India's (CCI) decision to impose a combined penalty of Rs 258 crore for collusion to fix fuel surcharge on air cargo.
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Aviation Regulator Allows Domestic Airlines to Roll Out 'Zero Bag' Fares
Aviation regulator DGCA has now allowed domestic carriers to roll out "zero bag" fares and charge penalty against check-in baggage for tickets booked under such an offer.
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United Spirits, Kingfisher Airlines Face Axe for Listing Violations: Report
More than 100 listed companies, including United Spirits Ltd and long-grounded Kingfisher Airlines, have been slapped penalties for violating listing agreement provisions set forth by capital market regulator Securities and Exchange Board of India (Sebi) and bourses.
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New Anti-Hijacking Bill Cleared by Cabinet
A comprehensive anti-hijack bill that provides for death penalty for hijackers even in the event of on-ground staff casualties was on Wednesday approved by the Union Cabinet which also widened the definition of this crime.
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IndiGo Faces Rs 944 Crore Tax Penalty, Terms It "Erroneous"
With the Income Tax Department imposing a penalty of Rs 944.20 crore on IndiGo, India's largest airline has termed the order "erroneous" and vowed to challenge it legally.
-
Decoding Qantas' "Ghost Flights" Scandal, Which Led To $66 Million Penalty
Australia's competition watchdog, the Australian Competition and Consumer Commission, revealed that Qantas "admitted that it misled consumers" by advertising seats on tens of thousands of flights, despite the fact that these flights had alread
-
305 Enforcement Actions Taken Against Airlines, Individuals In 2022
Aviation safety regulator DGCA took 305 enforcement actions, including imposing financial penalties against various operators and individuals, among others for non-compliance of various norms during 2022, an official statement said on Sunday.
-
Traffic At Jammu Airport Jumps After Scrapping Of Load Penalty
Passenger traffic at the Jammu airport jumped soon after the load penalty for the strategically important airport was scrapped, allowing airlines to fly full capacity, officials said.
-
Vistara Waives Charges For Lucknow, Delhi Passengers
"Due to the ongoing situation in Lucknow, Vistara announces free change to bookings and cancellation without any penalty for those booked to travel to and from Lucknow. Fare difference, if any, will be applicable," a Vistara statement said.
-
Now, Huge Fine For Excess Baggage On Trains Too
Like airlines, carrying extra luggage on railways will now involve extra charges and a penalty. For decades, the railways have been lenient about passenger luggage -- so much so that many passengers are not even aware how much baggage they are allowed to carry. Railway officials say the laxity has led to enormous quantities of luggage being carried...
-
Aviation Regulator DGCA To Get Powers To Impose Penalties
The government plans to provide the Directorate General of Civil Aviation or DGCA with powers to impose penalties for violations. The proposal, which has been in the works for some time, would give more leeway for the regulator in taking enforcement actions against erring entities.
-
Sri Lanka To Pay $115 Million For Cancelling Planes: Source
Sri Lanka's cash-strapped national carrier said Wednesday it will pay a penalty for cancelling leases on four Airbus A350s, with official sources putting the figure at about $115 million.
-
Spicejet Asked To Pay Rs 60,000 For Losing Passenger's Luggage
The apex consumer court has asked SpiceJet airline to pay compensation and penalty of Rs 60,000 to a Tripura resident for losing his luggage in one of its flights.
-
Airlines to Challenge Competition Regulator's Rs 258 Crore Fine
Jet Airways, IndiGo and SpiceJet on Wednesday said they would pursue legal steps against Competition Commission of India's order imposing penalties totalling Rs 258 crore on them for anti-competitive practices related to air cargo.
-
Jet Airways, IndiGo, SpiceJet to challenge Rs 258-Crore CCI Fine
In a separate filing, InterGlobe Aviation said the company is studying the CCI order and would take legal steps to challenge it in the appropriate forum. "The company has been legally advised that it is not in contravention of the provisions of the Competition Act, 2002," it noted.
-
IndiGo, SpiceJet Shares Rebound as Investors Overlook Rs 106 Crore Penalty
IndiGo and SpiceJet shares staged a dramatic rebound on Wednesday, while Jet Airways traded off the day's lows. The three carriers had earlier slumped between 2-4 per cent on the Competition Commission of India's (CCI) decision to impose a combined penalty of Rs 258 crore for collusion to fix fuel surcharge on air cargo.
-
Aviation Regulator Allows Domestic Airlines to Roll Out 'Zero Bag' Fares
Aviation regulator DGCA has now allowed domestic carriers to roll out "zero bag" fares and charge penalty against check-in baggage for tickets booked under such an offer.
-
United Spirits, Kingfisher Airlines Face Axe for Listing Violations: Report
More than 100 listed companies, including United Spirits Ltd and long-grounded Kingfisher Airlines, have been slapped penalties for violating listing agreement provisions set forth by capital market regulator Securities and Exchange Board of India (Sebi) and bourses.
-
New Anti-Hijacking Bill Cleared by Cabinet
A comprehensive anti-hijack bill that provides for death penalty for hijackers even in the event of on-ground staff casualties was on Wednesday approved by the Union Cabinet which also widened the definition of this crime.
