Archive for February, 2010

The month of January has painted a silver line on the aviation skies as the domestic passenger traffic increased by 23 per cent over the same period last year, indicating a revival of the industry.

A proposal to convert the Directorate General of Civil Aviation (DGCA) into an autonomous regulatory body with more financial and administrative teeth, would soon be placed before the government.

Turkish aviation company Celebi Holding said Monday it plans to invest $100 million in India by the end of 2010 largely to provide airport services.

India’s airlines will carry a record number of passengers in 2010, aircraft maker Boeing forecast Thursday, saying the worst was over for the sector.

Beleaguered flag carrier Air India will continue to accumulate losses for at least another seven years, the Union civil aviation ministry told a group of ministers (GoM) meeting on Wednesday.

Kingfisher Airlines, India’s only Five Star airline rated by Skytrax today announced the appointment of Mr. Amit Agarwal as Senior Vice President- Corporate Development & Planning at Kingfisher Airlines Limited.

Jet Airways Ltd (JET.BO), India’s largest private carrier, is in initial talks with FedEx Corp (FDX.N) to launch a dedicated cargo airline, the Mint newspaper reported on Tuesday, citing sources.

Jet Airways (India) Ltd. said Monday it swung to a third-quarter net profit from a year-earlier loss as costs fell and revenue per passenger improved.

The government Wednesday rubbished reports of de-merger of Air India and said its merger with Indian Airlines was well-planned and decided collectively by various agencies.

Wiser after their experience of last year, when an economic downturn rendered large capacity additions redundant, Indian airlines have significantly scaled back increases in both fleet size and seats for the next fiscal year.