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DOMESTIC FLYING CREDITS
Inside the chaotic Iran talks that let Trump claim victory, but not yet peacePresident Trump announced the end of the Iran War and the reopening of the Strait of Hormuz, following intense Qatari mediation. Despite Is...- “I have never gone out without a man”: Indian househelp spends a day alone in Thailand and returns with new friendsIndian Househelp's first day alone in Thailand: A day that began with nervousness turned into an experience of self-discovery for Reshma, a...
- Nifty in control of FIIs? The unlucky 13 bluechips facing the hardest institutional selloffForeign investors have significantly reduced holdings in many Nifty companies since September 2024. This has impacted top blue-chip stocks,...
- SpiceJet funding crunch delays pilot pay, messages show, as it seeks state-backed loanSpiceJet is delaying pilot salaries since March, seeking an emergency government loan to stabilize operations amid rising fuel costs and re...
- 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...
- How to travel in the summer of chaosThe travel industry has bifurcated, rewarding those who understand its complexities. Travelers are increasingly spending more, often financ...
- Airline miles may not go as far as the Iran war drives up fuel costs and summer faresAirline ticket prices and baggage fees have surged, impacting the value of travel rewards for summer trips. While dynamic pricing makes awa...
- 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...
- West Asia conflict disrupts aviation, leads to 15–20% dip in inbound tourist traffic; Rs. 18,000 crore net loss for industry: PHDCCI reportIndia's vibrant tourism and hospitality sector is currently reeling from the impact of conflicts in West Asia. With inbound tourist arrival...
- A ₹18,000 crore blow seen for India's aviation story as West Asia conflict clips wingsIndia's aviation and tourism sectors are currently navigating turbulent skies due to the unrest in West Asia. Airlines are challenged with ...
- Airlines like Vistara, AirAsia India may have to run a certain portion of flights in India to be able to fly outThe intent is to ensure that the domestic air connectivity is not compromised as people get more options to fly international, the official...
- Airlines unanimously oppose domestic flying credits modelThe civil aviation ministry is of the view that the 5/20 rule should be abolished, but it hasn’t been able to take a decision due to differ...
- Aviation ministry seeks alternative 5/20 policy for airlines to fly abroadAn industry insider said asking the Cabinet to decide on 5/20’s replacement would discourage airlines from opposing it.
- Work still in progress on changes to 5/20 norms: Ministry of Civil AviationMinistry of Civil Aviation today said no decision has been taken yet on changes to the 5/20 norms as work is still in progress on the matte...
- Civil aviation ministry likely to scrap domestic flying credit modelUnder the 5/20 rule, an airline must have at least 20 aircraft and five years of experience in domestic operations before seeking to spread...
- Aviation ministry to set up panel to review domestic flying credit systemApart from the older carriers objecting to the move for new norms, the DFC system has also been criticised by some as being needlessly comp...
- Flying abroad: Why airlines think take-off isn’t easyUnder the new system, newcomers must first earn a certain number of credit points, or domestic flying credits (DFCs), before they can go ab...
- Aviation credit system more complex than Duckworth-Lewis: Tony Fernandes, AirAsiaAirAsia CEO criticised the government’s proposed new guidelines that imposes a complex credit system for domestic airlines to fly internati...
- AirAsia says new flying guidelines are ‘restrictive’The new guidelines bring into place a credit based system wherein an airline accumulates point basis the distance it flies.
- 'Domestic flying credits' proposal may replace '5/20' rule for airlines flying abroadA new system of ‘domestic flying credits’ is being proposed as a replacement for a policy that used to reward airlines on the basis of flee...
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