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Domestic aviation sector likely to return to normal in 2-3 months, says Civil Aviation Secretary
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Aviation sector expected to return to normal in 2-3 months
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Updated Jan 07, 2021 | 19:39 IST
Kharola spoke at FICCI’s Aatmanirbhar Aerospace Manufacturing platform, where he also discussed a set of opportunities that the civil aviation sector offers in the country. Representational Image | Photo Credit: ANI
Key Highlights
Domestic air passenger traffic grew 20% sequentially this year
Ministry of Civil Aviation to allow flights to operate at 90% capacity by February
At a webinar organised by Industry body, FICCI, Civil Aviation Secretary Pradeep Singh Kharola said that he expects India’s domestic civil aviation to bounce back to normalcy within 2-3 months from now. He also added that the sector has been through worse times due to the pandemic, yet it was resilient with all that the economy was going through. “Civil Aviation is one of the sectors which has come out of this pandemic.. not exactly completely but in next two to three months, expecting normalcy to bounce back within the domestic mar
Air India disinvestment: Qualified bidders to be announced on Jan 5
In stage II, shortlisted bidders will be given a request for proposal (RFP), post which a transparent bidding process will take place
BusinessToday.In | December 29, 2020 | Updated 19:48 IST
Photo Credit: Getty Images
The disinvestment of Air India is to enter its second stage on January 5 next year, when the names of the qualified bidders will be announced.
The process has been divided into two stages, as explained by Civil Aviation Secretary Pradeep Singh Kharola at a press conference. In the first stage, expressions of interest (EoI) were received from interested bidders who will now be shortlisted contingent on their eligibility as defined by the terms in the Preliminary Information Memorandum (PIM), reported ANI.