A total of 181 pilots of scheduled and non-scheduled operators tested positive for alcohol during 2015-2018, the Civil Aviation Ministry informed Parliament on Thursday. Replying to a query in the Lok Sabha, Minister of State for Civil Aviation Jayant Sinha said that in 2015, as many as 43 pilots tested positive for alcohol, followed by […]
Day: December 13, 2018
Govt owes cash-strapped Air India Rs 1,000 crore: Aviation Ministry
The government owes cash-strapped Air India Rs 1,000.62 crore, Parliament was informed Thursday. In a reply to a question in the Lok Sabha, Minister of State for Civil Aviation Jayant Sinha said there is an outstanding amount of Rs 1,000.62 crore receivable by Air India Limited for Special Extra Section Flight (SESF) flights from the […]
Delhi HC seeks police response on Air India pilot’s anticipatory bail plea
The Delhi High Court on Thursday asked the city police to file its response to the anticipatory bail plea of Air India pilot Arvind Kathpalia accused of violating aircraft rules and tampering with evidence. Justice Mukta Gupta listed the hearing for December 20. The Indian Pilots Association has alleged that Kathpalia on January 19, 2017, […]
Lower oil prices help grease economic activity: IEA
The threat of an all-out trade war has dampened the outlook for the global economy, but the recent drop in oil prices should support demand, the International Energy Agency said Thursday. There has been intense concern about a slowdown in China, which has been the motor for growth in the global economy in recent times, […]
MNRE amends VGF Guidelines for 2 GW of Solar Projects
The Ministry of New and Renewable Energy (MNRE) has amended the guidelines for the implementation of its program under which the government aims to develop 2 GW of solar photovoltaic (PV) projects with Viability Gap Funding (VGF) under the third batch of the National Solar Mission (NSM) Phase-II. According to the new amendment, if there […]
Moody’s raises concern, places PFC, REC under review for downgrade
Global rating agency Moody’s on Thursday said that State-owned Power Finance Corporation’s (PFC) move to acquire government holding (52.6 per cent) in REC Ltd is credit negative for PFC as it will weaken its capital adequacy ratios. Agency has placed the Baa3 issuer ratings as well as standalone credit profile of both PFC and REC […]
Oil prices steady as China-U.S. trade tensions ease
Oil prices steadied on Thursday, under pressure from high inventories but buoyed by a drawdown in U.S. crude stockpiles and indications that the trade war between the United States and China may be easing. Global oil supply has outstripped demand over the last six months, inflating inventories and pushing crude oil to its lowest in […]
Passenger traffic grew by 20% in 2017-18 vis-a-vis previous year: Aviation Minister
There has been a 20 per cent growth in passenger traffic this year from January to October as compared to the same period the previous year, the Ministry of Civil Aviation informed Parliament Thursday. Responding to a query in the Lok Sabha, Minister of State for Civil Aviation Jayant Sinha provided data in which he […]
Rs 25 mn for 27 airports where no takeoff or landing takes place: Aviation
The Airports Authority of India (AAI) has spent more than Rs 25 million in the last financial year on the maintenance of its 27 airports where no takeoff or landing of flights take place, the Lok Sabha was told Thursday. Minister of State for Civil Aviation Jayant Sinha said in a written reply that the […]
Suzlon Group bags 50.4 mega Mw order in Tamil Nadu from Atria Power
Wind turbine maker Suzlon Group on Thursday said it has bagged a 50.4 mega watt (Mw) order in Tamil Nadu from Bengaluru-based Atria Power. Suzlon will install 24 units of wind turbine generators (WTGs) with a hybrid lattice tubular (HLT) tower, with rated capacity of 2.1 Mw each. The project is located in Tuticorin, Tamil […]