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AVIATION DEREGULATION
ATF prices for international airlines slashed 27%; domestic rates unchangedInternational airlines see a significant 27 percent cut in jet fuel prices. Domestic carriers, however, continue to pay unchanged rates. Co...- After stellar Q4, is a downgrade nightmare looming for India Inc in Q1?India Inc. showed strength in Q4 earnings. However, a Q1 FY27 earnings downgrade cycle is now a significant market concern. Elevated crude ...
- PM Modi distributes over 51,000 appointment letters at 19th Rozgar Mela; highlights India’s global tech rise and youth opportunitiesPrime Minister Narendra Modi distributed over 51,000 appointment letters to new government recruits. These individuals will join various ce...
- Airlines plead with state-run oil majors to postpone jet fuel hikesIndian airlines are urging state-run oil refiners to postpone jet fuel price increases for domestic flights. This move aims to ease financi...
- Jet fuel cost for international airlines up 5% in second straight monthly hikeThe aviation landscape is once again feeling the heat, as jet fuel prices for international airlines have seen another uptick, marking a se...
- Rajasthan: Flights resume at Jodhpur as IAF Dornier lands after runway upgradeFlight operations have resumed at Jodhpur Airport after nearly a month. Runway resurfacing work is complete. An Indian Air Force Dornier ai...
- The energy shock at 35,000 feet is burning a hole in your pocketAs aviation fuel prices reach a new high globally, the airline industry is feeling the crunch, with ticket prices climbing and schedules be...
- Govt suspends directive on flight seat selection feeA government directive for Indian airlines to offer 60% of seats without extra charges has been paused. This decision follows strong opposi...
- Govt directive to offer 60% flight seats without additional charges put on holdThe government has paused its order for airlines to provide at least 60 percent of flight seats without extra cost. This decision follows c...
- Jet fuel prices up 8.5%, not 115%, domestic airlines shielded, IOC clarifiesJet fuel prices have reached an all-time high, soaring to over Rs 2 lakh per kilolitre. This significant increase is attributed to rising g...
- Government intervenes to soften ATF shock, allows only partial pass-through to airlinesDomestic air travel costs are protected from a sharp global fuel shock. The government has capped Aviation Turbine Fuel price increases for...
- Civil Aviation Minister Naidu defends airfare deregulationCivil Aviation Minister K Rammohan Naidu stated the Centre can cap airfares in emergencies. However, he clarified fare caps are not a perma...
- Govt has powers to cap airfares but it is not single-way solution: Aviation Minister NaiduCivil Aviation Minister K Rammohan Naidu stated the government has powers to cap airfares in extraordinary circumstances but it's not a sol...
- Economic Survey: Deregulate to take off, says Anubhuti Sahay of Standard Chartered BankIn the late 1970s, the US government's shift to focus on aviation safety significantly reduced accidents and increased air traffic. India's...
- Govt says airlines sensitised to exercise moderation in pricing of air ticketsThe civil aviation ministry advised airlines to self-regulate and exercise moderation in pricing air tickets, a matter raised in the Rajya ...
- Airlines advised to self-regulate on airfares, keep passengers interest in mind: Scindia"The fares are fixed by airlines keeping in mind the market, demand, seasonality and other market forces. The airfare increases with increa...
- BJP issues three-line whip for all its MPs to be present in Lok Sabha tomorrow"BJP issues a line whip to all its MPs of Lok Sabha to be present in the house on December 8, 2023 as some very important legislative busin...
- 'Covid destroyed financial viability of airlines but..': Civil Aviation Minister responds on air price hike issue in Lok SabhaCivil Aviation Minister Jyotiraditya Scindia addressed the issue of air price hike in the Lok Sabha, highlighting the losses faced by airli...
- Airfares down 60% after government instruction to airlinesFollowing the intervention of civil aviation minister an official of the Ministry of Civil Aviation said that as compared to 5 June, ticket...
- Capping of airfares violates competition norms: Ashok Chawla, CCI chairmanTerming that the move would be 'antithetical' to competition as well as deregulation, Chawla stressed that market forces should be allowed ...
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