The Directorate General of Civil Aviation (DGCA) has come out with strict rules to keep a tab on people operating remotely piloted aircraft systems (RPAS). Obtaining a licence to operate a drone over 2 kg in weight will now cost you Rs 25,000. Renewing the licence will come at Rs 10,000. Not only that, anyone […]
Day: November 17, 2018
Staring at defaults, Tata-Jet deal delay could hit Naresh Goyal
While Tatas held “preliminary” discussions with Naresh Goyal-led Jet Airways for acquiring a stake, as reported by TOI on November 15, the deal would give the group a combined market share of 24% in the country. Jet, with a fleet of 124 aircraft, has a domestic market share of 16% and around 14% on international […]