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Airlines want budget 2021 to lower jet fuel price and parking charges - Vimarsana News

Airlines want budget 2021 to lower jet fuel price and parking charges

Rationalisation of various taxes According to Kinjal Shah, vice president, ICRA, the aviation industry's deteriorating financial health has raised tax sops' expectations to help reduce their high cost and debt burden, especially lowering taxes on ATF. Advertisement The ATF comprises nearly 30-40% of the total cost of an airline, and the prices in India are 45-50% higher, compared to international standard prices, she added. Though, ahead of the budget, the government has also hinted that it is planning on the same lines. Addressing a webinar on "Connecting the Dots-Recovery of aviation, tour...

Vax visa: Global protocol in works to reopen international travel - Vimarsana News

Vax visa: Global protocol in works to reopen international travel

Vax visa: Global protocol in works to reopen international travel ​ By Rohit Vaid ( IANS) | Published on ​ Tue, Jan 26 2021 14:27 IST | ​ 0 Views Aviation industry professionals to be considered for vaccinations (IANS Exclusive). Image Source: IANS News New Delhi, Jan 26 : Global parlays on additional safety measures required for reopening of international flight operations are underway. Accordingly, talks have started at the International Air Transport Association on "ways and means" to restart the economically important business activity. Industry insiders have pointed out that su...

Aviation industry professionals to be considered for vaccinations - Vimarsana News

Aviation industry professionals to be considered for vaccinations

Aviation industry professionals to be considered for vaccinations Indo-Asian News Service New Delhi: India’s civil aviation industry professionals will be considered for anti-Covid vaccination during the second stage of the national inoculation drive. The industry has played a crucial role in evacuation of millions and re-connecting supply chains to ferry essentials during the pandemic period. The sector is considered as crucial for fast economic recovery, as air passengers’ numbers rise and markets re-open. The industry provides the solid logistical backend in supply of vac...

CBI books Civil Aviation Ministry official on bribery charge - Vimarsana News

CBI books Civil Aviation Ministry official on bribery charge

CBI books Civil Aviation Ministry official on bribery charge Updated: Updated: Based on the findings, the official was placed under suspension in November 2018. Share Article Based on the findings, the official was placed under suspension in November 2018. The Central Bureau of Investigation has booked an Assistant Section Officer of the Civil Aviation Ministry for allegedly attempting to extort bribe from the managing director of an air transport service provider company for a no-objection certificate. The accused has been identified as Vinay Kumar, against whom the Ministry had lodged a...

Tax sops for Covid hit Indian aviation sector may come in Budget 2021 - Vimarsana News

Tax sops for Covid hit Indian aviation sector may come in Budget 2021

Pre-Covid forecasts indicated that in 2036 aviation industry will provide 98 million jobs and generate $5.7 trillion in GDP