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Aviation sector News

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This segment of Zee News brings to you latest updates. J&K and Shimla gets fresh snowfall. Watch this video to know more.
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Govt planning to sell 100% shares of Air India. Watch this video to know more.
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The fares would be applicable for travel between October 1 to May 28.
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The jet manufacturer has been looking to boost revenue in its services business which involves jet maintenance, repair and overhaul, data analytics and pilot training.
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In June 2017, the government had decided to exit fully or partially the national carrier, which is sitting on Rs 60,000 crore debt.
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The Union Cabinet has given in-principle approval for disinvestment of Air India on Wednesday.
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India’s newest private airline, Zoom Air, launched its daily scheduled operations from Wednesday.
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The initial no-objection certificate for starting scheduled passenger and cargo airlines will now be valid for three years with the government tweaking existing norms to improve the ease of doing business in the aviation sector.
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Starting Thursday seven airports have already done away with tags on hand baggage as a part of trials to scrap security stamping procedure.
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The Federation of Indian Airlines (FIA) on Thursday moved the Supreme Court seeking stay on the operational clearance granted to AirAsia India or directions for expeditious hearing of the matter pending before the Delhi High Court.
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Bullish on future prospects for the country's aviation space, the government today said it expects USD 6 billion investments in the airports sector and passenger numbers to see over 30 per cent growth in five years.  
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 Domestic airfares may not decline much during the second quarter of the current fiscal triggered by strong traffic growth and positive momentum in economy, says a report by ICICI Securities.
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InterGlobe Aviation Ltd, which owns budget carrier IndiGo, on Monday reported around 7.4 percent decline in net profit at Rs 591.77 crore for the second quarter ended June saying it was due to competitive ticket pricing.
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Budget carrier SpiceJet has increased its frequency on the Chennai-Hyderabad route for the summer season.
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Fliers at the Indira Gandhi International Airport here are likely face tough time from next week as private operator DIAL has decided to temporarily shut the main runway for maintenance work.
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SpiceJet would be submitting its suggestions on the draft policy and certain issues such as high tax on ATF (Air Turbine Fuel), Singh said.






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