Amid West Asia crisis, Cabinet okays Rs 10,000 crore support for domestic airlines towards ATF pricing
The move is aimed at easing pressure on OMCs and shielding them from losses due to rising ATF prices.
The move is aimed at easing pressure on OMCs and shielding them from losses due to rising ATF prices.
Flight services between Kolkata and several West Asian destinations began returning to normal from Saturday after nearly a week of disruptions triggered by the tense military situation in parts of the region.
"Despite temporary reprieve, failure to effectively plan for new aviation regulations is credit negative."
The ministry also took a serious note of the unusually high airfares being charged by certain airlines during the ongoing disruption.
Airlines across the United States cancelled hundreds of flights as the continuing government shutdown deepened strains on the nation’s air travel system.
The Directorate General of Civil Aviation (DGCA) has instructed all airlines to actively inform passengers about their rights and passenger-centric regulations.
The ministry of civil aviation has prioritised Kolkata airport in a major push to enhance international air connectivity, facilitating better access to Europe and Asia.
AAP Rajya Sabha MP Raghav Chadha has raised concerns over the steep hike in airfare to Prayagraj during the ongoing Maha Kumbh, calling it an exploitation of faith by airlines.
The Directorate General of Civil Aviation (DGCA) has directed airlines to increase capacity and rationalize fares for flights to Prayagraj during the ongoing Mahakumbh.
IndiGo, which is India's largest airline by market share, has reported an 18% year-on-year fall in its December quarter consolidated net profit at Rs 2,449 crore as against Rs 2,998 crore, a year ago, according to a company release issued on Friday.
