Air India disinvestment: Beyond excitement, lies the uphill task of accessing assets, keeping it lucrative for buyers
Beyond the in-principle approval, what the government of India needs the most is to conduct a hard-nosed assessment of Air India’s assets versus liabilities, and a workable proposal which makes the airline attractive to any prospective buyer
Air India selloff: To avoid a 2001 redux, govt needs strong political will, savvy financial strategy
Civil Aviation Minister A Gajapathi Raju said earlier this month that the airline itself has been asked to suggest a roadmap for its future
Air India suffers from an image problem due to service standards, frequent delays and engineering issues
The government on Thursday hoped that the new civil aviation policy will ensure better viability gap funding which will result in improved connectivity of smaller airports by airlines operators and benefit the passengers.
According to Gajapathy Raju, airlines not mounting flights to many existing airports is the biggest reason for patchy air connectivity in India
One inference that could be drawn from this is that the opening up of India's airline sector to more foreign participation is merely on paper
Air India’s independent directors have never really had a say in the airline’s management
Minister of State for Civil Aviation Mahesh Sharma told Lok Sabha in a written reply today that states have rejected the ministry's proposal for inclusion of jet fuel under 'Declared Goods' category.
Under the RCS scheme which has been proposed this time, the Centre has offered VGF indexed to ATF prices and inflation for first 10 years and states have to chip in with only 20 percent share of this VGF fund.
Air India's accumulated losses stood at Rs 5,388 crore, Rs 5490 crore and Rs 7,559 crore in 2013-14, 2012-13 and 2011-12, respectively.
The 5/20 rule bars domestic airlines from flying overseas unless they have completed five years of domestic flying and have a fleet of 20 aircraft.
Zevar does not only face political uncertainty, there are other issues involved as well.
As per the present policy, India signs bilateral air services agreements with other countries.
Air fare regulation sounds good if one is a votary of mindless populism, since world over market forces are allowed to prevail.
Air India has been in the news for all the wrong reasons this past week, prompting sceptics to again question the rationale of this government shying away from privatising the white elephant.
The decision for a second airport in Delhi-NCR has, for years, been mired in controversy as successive governments in Uttar Pradesh pushed for different locations suiting their political constituencies.
India is moving ahead to put in place some sort of airfare regulation in place. Speaking to Firstpost, Minister of State for Civil Aviation Mahesh Sharma said he will call airline representatives for a meeting within the next two weeks to discuss a mechanism to regulate fares. His emphasis is especially on exorbitant last minute fares which have lead hundreds of Members of Parliament and the general public to protests.
On the one hand, Raju wants to revive the ailing Air India and on the other, freebies are being doled out to all
There have been some reports of DGCA considering introduction of psychometric tests now.
As per Raju, netas can continue to ask for tea/coffee free of charge, get access to terminal building, visitors' gallery etc.