Indian Aviation Policy

The newly announced policy and guidelines aim to open up an array of opportunities in the Indian civil aviation sector.

Industry executives and analysts say they expect loss-making Vistara and AirAsia India, both part-owned by Tata, to enjoy fresh cash and expansion plans as low fuel prices and Indian government policy drive a boom in air travel.

The Union Cabinet on Wednesday approved a new civil aviation policy aimed at making air travel affordable for millions of Indians and vastly expanding the country's aviation market.

Many highs and lows marked the 2015 trajectory of the domestic aviation space with three airlines taking off, one coming back after a near-collapse, a no-frills carrier getting listed and India again securing a top safety ranking even as the draft aviation policy remained in limbo.

The proposed aviation policy will pave the way for fresh foreign capital inflows into upcoming public-private partnership airports as the policy seeks to end uncertainties, says India Ratings, a credit ranking agency.

The Indian government proposes to impose an additional levy of 2 percent on all domestic and international tickets to pay for the regional connectivity boost, said RN Choubey, while presenting the country's draft aviation policy.

Top officials of Indian airlines on Tuesday raised issues afflicting the aviation sector like high jet fuel cost and airport charges as the government said it would soon finalise a policy to enhance connectivity to regional destinations and remote areas.

Abu Dhabi-based Etihad Airlines has agreed to halve the number of directors on the Jet Airways board to two posts under the Rs 2,058 crore deal, giving the Indian promoters 'effective control' of the carrier.

After the Securities and Exchange Board of India (Sebi), the Foreign Investment Promotion Board (FIPB) has sought more clarity on the Rs.2,058 crore Jet-Etihad deal about effective control and ownership of the premier Indian private carrier.

Foreign airlines would not pick up stake in cash-strapped Indian carriers till steps are taken to stem the high costs of aviation operations in India, International Air Transport Association (IATA) chief Tony Tyler has said.

Airlines flying to Indian airports could face an auction for peak-time landing slots in a shake-up of aviation policy under the government's economic reform drive.

FDI in multi-brand retail, aviation: The Prime Minister has introduced the boldest reforms yet in his current term - foreign super-market chains can now enter India and foreign airlines can buy stake in Indian carriers. "The Cabinet took many decisions on Friday to bolster economic growth and make India a more attractive destination for foreign inv...

The UPA government has begun to shed its policy paralysis, introducing the boldest reforms yet in its second term today by allowing foreign super-market chains to enter India and foreign airlines to invest in Indian carriers. Industry is cheering; ally Mamata Banerjee has threatened once again to withdraw support.

The prime minister has introduced the boldest reforms yet in his current term - foreign super-market chains can now enter India and foreign airlines can buy stake in Indian carriers. "The Cabinet hThe Prime Minister has introduced the boldest reforms yet in his current term - foreign super-market chains can now enter India and foreign airlines can...

If you missed our coverage, here are the top 10 stories of the day.

The newly announced policy and guidelines aim to open up an array of opportunities in the Indian civil aviation sector.

Industry executives and analysts say they expect loss-making Vistara and AirAsia India, both part-owned by Tata, to enjoy fresh cash and expansion plans as low fuel prices and Indian government policy drive a boom in air travel.

The Union Cabinet on Wednesday approved a new civil aviation policy aimed at making air travel affordable for millions of Indians and vastly expanding the country's aviation market.

Many highs and lows marked the 2015 trajectory of the domestic aviation space with three airlines taking off, one coming back after a near-collapse, a no-frills carrier getting listed and India again securing a top safety ranking even as the draft aviation policy remained in limbo.

The proposed aviation policy will pave the way for fresh foreign capital inflows into upcoming public-private partnership airports as the policy seeks to end uncertainties, says India Ratings, a credit ranking agency.

The Indian government proposes to impose an additional levy of 2 percent on all domestic and international tickets to pay for the regional connectivity boost, said RN Choubey, while presenting the country's draft aviation policy.

Top officials of Indian airlines on Tuesday raised issues afflicting the aviation sector like high jet fuel cost and airport charges as the government said it would soon finalise a policy to enhance connectivity to regional destinations and remote areas.

Abu Dhabi-based Etihad Airlines has agreed to halve the number of directors on the Jet Airways board to two posts under the Rs 2,058 crore deal, giving the Indian promoters 'effective control' of the carrier.

After the Securities and Exchange Board of India (Sebi), the Foreign Investment Promotion Board (FIPB) has sought more clarity on the Rs.2,058 crore Jet-Etihad deal about effective control and ownership of the premier Indian private carrier.

Foreign airlines would not pick up stake in cash-strapped Indian carriers till steps are taken to stem the high costs of aviation operations in India, International Air Transport Association (IATA) chief Tony Tyler has said.

Airlines flying to Indian airports could face an auction for peak-time landing slots in a shake-up of aviation policy under the government's economic reform drive.

FDI in multi-brand retail, aviation: The Prime Minister has introduced the boldest reforms yet in his current term - foreign super-market chains can now enter India and foreign airlines can buy stake in Indian carriers. "The Cabinet took many decisions on Friday to bolster economic growth and make India a more attractive destination for foreign inv...

The UPA government has begun to shed its policy paralysis, introducing the boldest reforms yet in its second term today by allowing foreign super-market chains to enter India and foreign airlines to invest in Indian carriers. Industry is cheering; ally Mamata Banerjee has threatened once again to withdraw support.

The prime minister has introduced the boldest reforms yet in his current term - foreign super-market chains can now enter India and foreign airlines can buy stake in Indian carriers. "The Cabinet hThe Prime Minister has introduced the boldest reforms yet in his current term - foreign super-market chains can now enter India and foreign airlines can...

If you missed our coverage, here are the top 10 stories of the day.