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SRI LANKAN GOVERNMENT AIRLINE MANAGEMENT
Akasa Air plans to operate flights under UDAN scheme, says CEO Vinay DubeAkasa Air is set to join the UDAN regional connectivity scheme, with CEO Vinay Dube confirming a steady influx of Boeing 737 MAX aircraft. ...- Govt scraps TDS on GIFT City aircraft lease rentalsAirlines are now exempt from deducting tax at source on lease rentals paid to eligible aircraft leasing companies in GIFT City. This move a...
- UDAN flights discontinued on 50% of routes launched so farIndia's ambitious plan to boost regional air travel is struggling, with nearly half of UDAN routes now inactive. Despite significant govern...
- Regional carriers demand slots, aircraft and simpler rules as India relaunches faltering connectivity schemeOf the 669 routes made operational since the Ude Desh ka Aam Nagrik (UDAN) scheme started in 2017, commercial flights are currently operati...
- Centre scraps TDS on aircraft lease rentals at IFSCsA significant tax relief has been granted to airlines, with India now exempting tax deducted at source (TDS) on aircraft lease rentals paid...
- Air India, SIA Engineering to set up maintenance, repair and overhaul joint venture in IndiaAir India and Singapore Airlines' engineering arm are exploring a joint venture to establish a world-class Maintenance, Repair, and Overhau...
- Air India cuts fuel surcharges for North America, Europe flightsAir India has significantly reduced fuel surcharges on flights to North America, Australia, Europe, and the UK, effective July 1. This move...
- Airlines shun Rs 10,000-crore ATF subsidy as fuel prices fallA Rs 10,000-crore jet fuel price stabilisation programme has failed to attract any airline sign-ups. The scheme, designed to shield carrier...
- India condemns demolition of 125-year-old Gurdwara in Pakistan, seeks restorationIndia has strongly condemned the reported demolition of a 125-year-old Sikh Gurdwara in Pakistan's Farooqabad, terming it a "targeted act o...
- EPACK Durable gets Andhra Pradesh nod for Rs 1,084 crore investment under Electronics Manufacturing Policy 4.0EPACK Durable and its subsidiary will invest over Rs 1,000 crore in Andhra Pradesh to boost manufacturing of air conditioners, washing mach...
- Jet fuel price cut by Rs 5/litre as global oil prices easeA significant drop in jet fuel prices, by nearly Rs 5 per litre, brings welcome relief to Indian airlines. This reduction, driven by fallin...
- Sri Lanka reduces fuel prices after Middle East ceasefireSri Lanka on Tuesday cut fuel prices by up to six percent, the first such move since the Middle East war triggered a surge in energy prices...
- Nagapattinam international port to get duty free shops as India-Sri Lanka ferry traffic boomsChennai's Nagapattinam Port is set for a significant upgrade with the introduction of duty-free retail shops at its international passenger...
- Zydus, Sunshine to set up $20 million pharma JV in Sri LankaIndian pharmaceutical giant Zydus Lifesciences has partnered with Sri Lanka's Sunshine Healthcare Lanka to establish a new manufacturing fa...
- Sri Lanka offers better value than Rishikesh, man claims after staying in beach-facing hotel for half the priceA recent social media post highlighted a stark cost difference between domestic and international travel, with a friend opting for Sri Lank...
- Vaibhav Sooryavanshi's 29-ball 94 powers India A to 377/9 vs Sri Lanka A in Triseries finalSooryavanshi smashed a blistering 94 off 29 balls, including a record 11-ball fifty, to propel India A to a massive 377 for nine against Sr...
- Vaibhav Sooryavanshi breaks record with fastest List A fifty, misses hundred by just a strokeYoung Indian cricketer Vaibhav Sooryavanshi has shattered a 21-year-old record, smashing a blistering 11-ball fifty in the List A tri-serie...
- Pressure situations have taught me a lot as captain: Tilak VarmaIndia 'A' captain Tilak Varma highlighted the valuable lessons learned in handling pressure during the tri-nation tournament, anticipating ...
- ICC chief Jay Shah to meet Sri Lanka President Dissanayake over SLC interim committee issueICC Chairman Jay Shah will visit Colombo to meet President Anura Kumara Dissanayake, with Sri Lanka Cricket's interim committee appointment...
- India, Sri Lanka collaborate to strengthen trade interactions through local currency settlement initiativesIndia and Sri Lanka are exploring ways to settle trade using their own currencies. This move aims to cut transaction costs and shield busin...
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