HindustanTimes Mon,22 Dec 2014

Government clears the decks for six new airlines

LiveMint   July 22, 2014
First Published: 14:17 IST(22/7/2014) | Last Updated: 14:32 IST(22/7/2014)

Overturning a policy of selectively granting aviation licences to applicants, the civil aviation ministry has approved six new airlines.

The move could result in as many as eight new airlines taking to the skies this fiscal year, including Tata Sons Ltd’s low-cost joint venture (JV) with Air Asia Bhd that has already started flights and its premium JV with Singapore Airlines Ltd (SIA), expected to launch operations in October.


more from Business

Sensex extends gains, up 87 points in early trade

The benchmark BSE Sensex gained over 87 points in early trade on Monday on mild buying by funds and investors amid robust global trends coupled with positive domestic sentiments after the introduction of GST Bill in the Lok Sabha on Friday.
Most Popular
Copyright © 2014 HT Media Limited. All Rights Reserved