Change in Policy Gives Fillip to MRO Industry
Maintenance, Repair and Overhaul (MRO) industry will now be considered as part of the sub-sector of airport in the transport sector infrastructure for the purpose of External Commercial Borrowings (ECBs) in accordance with a policy change announced by RBI Circular No. 85 dated January 6, 2014. Consequently, the MRO industry which is a nascent vertical… Read More
Tags: Aircraft maintenance, Aviation, Business, India, Maintenance repair and operations, MRO, Transportation and Logistics, United State
External Commercial Borrowings (ECB) for Civil Aviation Sector
RBI/2012-13/545 A.P. (DIR Series) Circular No. 116 June 25, 2013 To, All Authorized Dealer Category - I Banks Madam / Sir External Commercial Borrowings (ECB) for Civil Aviation Sector Attention of Authorized Dealer Category-I (AD Category-I) banks is invited to the A.P. (DIR Series) Circular No. 113 dated April 24, 2012 on the captioned subject. 2. In… Read More
Tags: Anno Domini, Aviation, Categories of New Testament manuscripts, Civil Aviation, ECB, European Central Bank, Foreign Exchange Management Act, Government
Civil Aviation Minister Takes Action Against Erring Officers
The Minister for Civil Aviation, Shri Ajit Singh has taken a decision to award minor penalty of censure to four officers of DGCA namely Shri James George, Assistant Director (Airworthiness), Shri V.P. Massey, Director (Airworthiness), Shri R.K. Yadav, Assistant Director (Airworthiness) and Shri Rajiv Gaur, Assistant Director (AE) for non-intimation of employment of their dependents… Read More
Tags: Airworthiness, Aviation, Central Vigilance Commission, Civil Aviation, Civil Aviation Ministry, DGCA, Government, India
Government Envisages Investment of US $ 12.1 Billion in the Airport Sector
Civil Aviation Minister, Shri Ajit Singh, while launching the India Aviation 2014 today in New Delhi, said that rapidly expanding air transport network and opening up of the infrastructure to private sector participation have fuelled the growth of air traffic in India. He further said that the Government has envisaged an investment of US $ 12.1 billion in the… Read More
Tags: $12.1 billion, Aircraft, Airline, Aviation, Civil Aviation, Government, India, New Delhi
Airlines to charge fees for unbundled services
Civil Aviation Ministry Permits Scheduled Airlines to Charge Fees for Certain Unbundled Services Separately The Minister for Civil Aviation ,Shri Ajit Singh, has decided to permit scheduled airlines to unbundle certain services and to charge fees for these services separately. This is based on the recommendations of the Nathan Economic Consultants in their report on… Read More
Tags: Airline, Aviation, Civil Aviation, DGCA, Fare, Fee, India
Government Prepares White Paper on New Civil Aviation Policy
Minister of State for Civil Aviation, Shri K. C. Venugopal informed Rajya Sabha today that a long term Civil Aviation Policy was needed to have a sustainable, orderly growth of the aviation sector. Accordingly, a consultation paper was prepared and placed on the website of the Ministry inviting comments of stakeholders. Based on the comments… Read More
Tags: Airports Authority of India, Aviation, Civil Aviation, Government, Ministry, Rajya Sabha, Shri K. C. Venugopal
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