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AVIATION SECTOR OVERHAUL
Andhra Cabinet gives nod to 34 proposals; boosts aviation, irrigation, industrial developmentThe Andhra Pradesh Cabinet approved 34 proposals, including a new aviation policy, organ transplantation law, and revised funding for the P...- Global airline chiefs to confront Iran war fuel shock at industry summitAirline leaders meet in Rio de Janeiro facing a major industry crisis. The Iran war is increasing jet fuel costs and disrupting flights. Th...
- Rolls-Royce eyes India engine MRO facility, explores aero gas turbine complex and SMR opportunitiesRolls-Royce plans to build an engine maintenance facility in India. The company also proposes an aero gas turbine complex for indigenous mi...
- Banks are cutting credit card perks quietly; Learn how to get more value from your walletMany banks have recently reduced credit card rewards, cashback limits, and perks, prompting cardholders to reassess their spending strategi...
- IndiGo to pass on ATF price hikes, to see if fuel hedging could be an optionIn Q4, IndiGo's earnings were impacted by higher fuel expenses, softer yields and disruptions linked to geopolitical tensions in the Middle...
- '10 major Indian semiconductor units to make global mark soon': PM Modi says 'complete supply chain' being createdPrime Minister Modi emphasised that heavy capital investments in core manufacturing and engineering sectors are generating millions of high...
- 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...
- Sri Lanka's move to lease strategic airport near China-controlled Hambantota port sparks Indian interestIndia is keenly watching Sri Lanka's move to offer control of Mattala Rajapaksa International Airport to foreign investors. This presents a...
- India craves a sweet fix for crude addiction. Can it work?India is rapidly expanding its use of ethanol, a sugar-based fuel. This strategy aims to cut reliance on imported crude oil and boost farme...
- Govt plans design, development of runway-independent UAV for rescue missions, ferrying logisticsIndia is developing an advanced unmanned combat search and rescue drone for the Air Force. This runway-independent aircraft will rescue air...
- Jewar airport to boost jobs, investment, says aviation minister NaiduThe Noida International Airport at Jewar is set to become a major economic hub. Union Civil Aviation Minister Kinjarapu Ram Mohan Naidu sta...
- Noida airport to serve as launchpad for UP's economic growth: Yogi AdityanathUttar Pradesh Chief Minister Yogi Adityanath stated the newly inaugurated Noida International Airport at Jewar will be a launchpad for the ...
- MRO services in India to grow to USD 5.7 billion by 2030The future is bright for India's aviation maintenance industry, set to experience unprecedented growth. Projections indicate that MRO servi...
- Airlines in India must make 60% of seats available to passengers without selection chargesIndia's aviation sector is getting a passenger-first overhaul. New reforms aim for transparency and ease in flying. Airlines must offer 60%...
- India’s aircraft maintenance, repair & overhaul market to be worth $4 bn by 2031: GovtIndia’s aircraft MRO market is expected to reach USD 4 billion by 2031, Civil Aviation Minister K. Rammohan Naidu said at the launch of Saf...
- India Budget 2024: Incentives announced to boost MRO activities in aviation, shipping sectorsFinance Minister Nirmala Sitharaman announced incentives to enhance maintenance, repair and overhaul activities in the aviation and shippin...
- FM announces easing of restrictions on utilisation of Indian air spaceAnnouncing the fourth tranche of economic stimulus, FM Nirmala Sitharaman said only 60 per cent of Indian airspace is freely available. Mor...
- Budget 2019: Government to promote aircraft financing, leasing in IndiaSitharaman announced that the government for will come up with policy interventions for development of maintenance, repair and overhaul in ...
- Deal signed for development of occupational map in aviationThe agreement, signed between KPMG India and AASSC, provides for design and development, manufacturing and assembly, airline operations, ai...
- Aviation ministry to seek tax relief for MROsThe aviation ministry will seek some exemptions on the service tax for the aircraft MRO industry from the finance ministry on Friday.
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