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Govt calls off strategic sale of helicopter service provider Pawan HansIn April last year, the government had decided to sell Pawan Hans for Rs 211.14 crore to Star9 Mobility, a consortium of Big Charter Pvt Lt...
Strategic sale of Pawan Hans called off as winning bidder disqualifiedThe strategic disinvestment of Pawan Hans was called off on Monday by the government after bidding consortium Star9 Mobility Pvt Ltd was di...
Meghalaya govt engages SpiceJet for Shillong-Delhi flight service"SpiceJet approached the state government and offered to operate the Delhi-Shillong-Delhi flights on its own as per the extant terms of MTC...
Clarity on eligibility of Almas Global as bidder for Pawan Hans strategic sale likely this month"The Almas Global case is scheduled for hearing at the NCLAT this month. We want to give the bidder due opportunity to meet the eligibility...
Govt scraps sale of CEL to Nandal Finance; decision on Pawan Hans likely in SeptemberIn November last year, the government had approved sale of CEL -- a public sector enterprise under the Department of Scientific and Industr...
Pawan Hans sale: Centre to examine NCLT order on key stakeholderThe NCLT had questioned the financial health of the Cayman Islands-based Almas Global Opportunity Fund SPC (AGOF), majority stakeholder in ...
Govt puts Pawan Hans sale on hold over NCLT order against winning consortium memberStar9 Mobility had quoted Rs 211.14 crore for Pawan Hans, which was above the Reserve Price of Rs 199.92 crore fixed by the government on t...
Govt to invite financial bids for SCI sale by Sept; Shipping House, MTI to be hived offAs part of the strategic-sale process, the government is hiving off Shipping House and the training institute in Pune and some other non-co...
Pawan Hans handover to Star9 Mobility by June; successful bidder meets eligibility criteriaRefuting allegations of Star9 Mobility not meeting eligibility criteria, the official explained that the networth of the consortium which b...
First direct flight connecting Shillong with New Delhi takes offThe flight services were inaugurated S. Dhar, Transport minister of Meghalaya, G. B. Lyngdoh, MLA; M.Suresh, Regional Executive Director, A...
Uttar Pradesh govt spent Rs 14 lakh on chopper which showered rose petals on kanwariyasET has a copy of an order issued by the state home department on August 4 that approved the hiring of the chopper.
Soon, you may hire a charter aircraft like Ola, Uber and at half the priceAs an aggregator, a aircraft charter company would offer flyers all available aircraft on one platform and optimise the use of the planes w...
Private charter grounded for flying with Rs 3.5 crore in old notesThe Bureau of Civil Aviation Security (BCAS) has cancelled the “security programme” of Air Car Airline Pvt Ltd, a mandatory clearance witho...
DGCA to probe aircraft maintenance companies over irregularitiesAn MRO company carries out periodic maintenance checks, repairs and overhauls, that is, it undertakes the jobs needed to ensure aircraft sa...
Slump & weak rupee? India's hi-fliers selling their jets & chartering flightsIn the past year, the number of nonscheduled operators in the country has fallen to 125 from 150, with several companies getting rid of the...
- Charter aircraft business soars in B-towns
Now suddenly, there are wings all over the country: in the last three years, the airfields of Imphal, Chandigarh, Vadodara, Chennai, Luckno...
- As flying gets dearer, Indians vacation at home
Vacations within the country are being preferred over international jet-setting by Indians this summer, as costlier flights bite into budge...