The aviation ministry has recommended a higher return on equity than the sector regulator for the GMR-led consortium that runs Delhi's international airport.
Air India will increase the number of economy-class seats on its Airbus fleet, a move that will align it with the market trend of tapping a burgeoning section of low-fare domestic travellers.
Cash-strapped Kingfisher Airlines has told the DG of Civil Aviation (DGCA) that it will make 16 more aircraft operational next week.
Rs 1,200-crore SBI lifeline for Kingfisher Airlines; DGCA not convinced with KFA's reply on cancellations
Kingfisher Airlines got some relief after banks gave some guarantees and working capital loans and the IT dept indicated that it may defreeze it's bank a/cs.
Civil aviation minister Ajit Singh told ET that his department will send its recommendations to the Department of Industrial Policy and Promotion (DIPP).
Private operators GMR and GVK had moved court last year against AERA's 'single till' model of determining tariffs and investor returns.
Intensifying the protest against EU's imposition of carbon tax on airlines - India, China and Russia may soon respond together with a retaliatory fee.retaliatory measures
The threatened strike may also jeopardise Kingfisher's plan to join the One World Alliance - a group of several global airlines - next month.
Nations opposed to the European Union's new ruling on carbon emissions are meeting early next month to discuss retaliatory action.
Rejecting GMR-led Delhi airport's proposal for a seven-fold increase in airport charges, sector regulator AERA has suggested only a three-fold rise in these tariffs.
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