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UNECONOMICAL ROUTES
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...- No, the Iran war won’t ground your European holiday flightA commentary on the US-Iran conflict says European summer flights are unlikely to face major disruptions for now, despite earlier fears ove...
- Jet reduces flights to Gulf destinationsJet will enhance frequencies between Delhi – Bangkok, Mumbai – Doha, Delhi – Doha, Delhi – Singapore, Mumbai – Singapore, Mumbai – Dubai an...
- Jet Airways trims unviable international operations to cut lossesFinancial turbulence has forced Jet Airways to withdraw more than 30 flights from nine Gulf routes.
- Jet Airways tweaks network, adds 20 flightsCash-starved Jet Airways Tuesday announced introduction of 20 additional services across its domestic and international network starting De...
- IOC gets green nod for Rs 273cr KSPL augmentation projectThe company has informed that no additional land would be required for the project as the augmentation work is to be done in the existing s...
- Railways could be freed of populism after budget unificationWith the railway budget often becoming a political gravy train, the state-run transporter was forced to divert resources even as unfinished...
- Carriers should have 20 aircraft for domestic routes; Vistara, AirAsia India to benefitThe government official said under the existing 5/20 norm, an airline is not mandated to maintain domestic connectivity after it qualifies ...
- Older carriers allege Vistara and AirAsia India flouting norms, hit out against abolishing 5/20 ruleThe older carriers say overseas stakeholders, AirAsia Bhd and Singapore Airlines, are managing the two airlines, in contravention of the ru...
- Bibek Debroy panel for scrapping rail budget, cost-sharing with state governmentsIt has also argued that the state governments must share the financial burden with the railways for suburban passenger services and unecono...
- Sale of 5 B777-200 aircraft: Air India likely to earn $ 336 mnAir India, which has decided to sell five of its Boeing 777-200 Long Range aircraft, estimates a total earning of over $ 336 million throug...
- Govt invites bids from consultancy firms for BGML saleGovernment has invited bids from consultancy firms to be roped in as "service provider" for the proposed sale of BGML through competitive b...
- 'Railways persuading states to close uneconomical routes'Railways is reaching out to the states to close down uneconomical routes as it has incurred a loss of over Rs 3,200 crore in operating thes...
- Indian Railways lost Rs 3,200 crore for operating on uneconomical routes during 2005-10CAG said Indian Railways suffered a loss of over Rs 3,200 crore for operating on uneconomical routes during 2005-10.
- MSRTC suffered Rs 1331.26 cr losses in 2002-2007: CAGThe Maharashtra State Road Transport Corporation (MSRTC) has suffered losses to the tune of Rs 1331.26 crores in the period 2002-2007, the ...
- Connectivity woes likely to hit short flights out of BangaloreDomestic airlines may look at pruning some of their feeder routes like Kochi, Coimbatore and even Chennai from Bangalore as the Bengaluru I...
- Budgetary support for unfinished rail projects proposedThe Standing Committee on Railways has recommended that budgetary support to the railways be adequately enhanced to complete unfinished pro...
- Travellers to fund unprofitable flights off airline schedulesAirline companies may no longer be forced to fly on uneconomic routes as the government plans to progressively do away with the route dispe...
- Regional airlines may get sops on airport chargesIn Order to promote regional airlines, the government is considering to exempt these carriers from paying airport and navigation charges in...
- Airlines may get sops for trips to unviable areasThe government plans to retain the route disbursal guidelines that make it mandatory for airlines to deploy a minimum capacity to connect N...
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