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.
India’s commercial airlines flew 1.42 crore passengers on domestic routes in November this year, which represents a robust 12 per cent increase compared to the same month in the previous year, according to figures compiled by the Directorate General of Civil Aviation (DGCA).
The last flight of Vistara Airlines from Odisha took off for Delhi on Monday night. This marked the end of the airline's operations from the state ahead of its merger with Air India.
Singapore Airlines is set to make an additional investment of Rs 3,194.5 crore in Tata Group-owned Air India post-merger of Vistara in November.
Anonymous bomb threat calls kept adversely affecting flights of various airlines on different routes on Sunday.
The customs on Wednesday detained two passengers travelling on Turkmenistan Airlines from Turkmenistan to Delhi for carrying gold weighing 538 gm and other undocumented items.
