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AIF returns explained: Why high alpha may exist on paper, not in cash returned to investorsAlternative Investment Funds have delivered an average alpha of 9% over the Sensex, but most of that exists only in valuations, not in cash...- IndiGo plans flight to normalcy; savvy investors to book on profitsIn its post earnings call, IndiGo’s management said that by the fourth quarter of FY22, its domestic capacity will return to pre-Covid leve...
- Bhaupur and Khurja section of DFC to be ready by November: DFCCILThe easing of traffic will be done through shifting of freight trains from the Indian Railway route to dedicated freight corridor (DFC).
- Air India utilising just 21 of 27 Dreamliners for daily opsAirline's Airbus fleet pilots body, ICPA, had last month alleged that as many as 19 aircraft, including nine Airbus A321s, were not in serv...
- Airfares during calamities and for small cities may fallThe policy is being formulated on the direction of the Prime Minister’s Office, which received several complaints about airlines charging e...
- Airfares on non-trunk routes high due to demand-supply mismatchOn trunk routes, even last-minute fares are up to 50% cheaper than last year on the back of intense competition, excess capacity and lower ...
- Regional carriers likely to get nod to fly additional metro routeThe country has been divided into north, east, west, south and northeast regions for this purpose.
- Airlines oppose governement policy on connectivity to remote areasTo discuss the policy and other issues like high taxation on jet fuel with top airline officials, Civil Aviation Minister has convened a me...
- Major policy shift on anvil to promote air connectivityIn a bid to promote air connectivity across the country, government has proposed a major shift in its route dispersal policy.
- DGCA asks airlines to deploy 6 per cent capacity in remote areasThe civil aviation regulator Directorate General of Civil Aviation (DGCA) on Friday notified the new regional air connectivity guidelines.
- Railways incurred loss of over Rs 400-cr on freight: CAGRailways incurred a loss of more than Rs 400 cr due to carrying of freight traffic by the longer route and charging by shorter routes, acco...
- Private aviation companies await new regional air connectivity policyA new policy was expected to heed to the long standing demands of private airlines to do away with the Route Disbursal Guidelines (RDG).
- Kingfisher Airlines' crisis to have minimal impact on Bangalore-Delhi faresEven with Kingfisher Airlines (KFA) going in for a partial lockout till October 4, airfares on trunk routes have not appreciated to alarmin...
- IndiGo, Jet Airways charged higher fares in July: DGCANo-frill carrier IndiGo and Jet Airways have charged higher fares in several sectors than all other Indian carriers in July when the overal...
- Captain Gopinath to re-enter aviation businessCaptain GR Gopinath, the man who made flying cheaper through Air Deccan and later sold it to Kingfisher Airlines, will return to aviation b...
- GoAir-MDLR pact comes under scannerWadia Group-promoted GoAir’s arrangement with MDLR Airlines to outsource mandatory deployment of seats on non-profitable routes (category I...
- Airlines bet big on non-metrosTrunk routes such as Delhi-Mumbai and Delhi-Bangalore are no longer generating profits to the airline companies. The reason is that the air...
- Guwahati airport may act as hub between India & SE AsiaIn a bid to give a boost to tourism in the north-eastern region, the government is planning to develop Guwahati airport as a hub for air co...
- Rudy to review aviation route norms on ThursdayIn a move that has major ramifications for the future of domestic airlines companies, civil aviation minister Rajiv Pratap Rudy has decided...
- 16% SED on avgas scrapped to make pilot training cheapGood news for aviation training academies and aspiring pilots. The special excise duty (SED) of 16 per cent on avgas has been scrapped.
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