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  1. 3 days ago · The Budget document also shows reduced allocations for regulators DGCA (Directorate General of Civil Aviation) and BCAS (Bureau of Civil Aviation Security) in 2024-25. DGCA is allocated Rs 302.64 ...

  2. 3 days ago · The civil aviation ministry's budget has been reduced to Rs 2,357.14 crore for the current fiscal, with Rs 502 crore allocated to the regional air connectivity scheme, down from Rs 850 crore in the previous year. The budget also includes funds for the revival of 22 airports, 124 RCS routes, and Viability Gap Funding for North East Connectivity. Additionally, the PLI scheme for drones will receive a higher allocation of Rs 57 crore.

  3. 4 days ago · A typical CVC managed by a corporate holding company aims to drive innovation in a legacy organization. The CVC JetBlue Ventures, for example, is investing in early-stage start-ups improving travel and hospitality, “next-gen aviation operations and enterprise tech,” “seamless customer journeys,” and “sustainable travel.” 19 “About,” JetBlue Ventures, accessed July 15, 2024.

  4. 1 day ago · The budget carrier operates to over 70 domestic and international routes with more than 1, 500 weekly flights and has served over 78 million passengers since its launch in 2007. More From Aviation ...

  5. 3 days ago · New Delhi, Jul 23 (PTI) The budgetary allocation for the civil aviation ministry has been reduced to Rs 2,357.14 crore for the current fiscal ending next March, with regional air connectivity scheme set to get Rs 502 crore during the same period. In the revised budgetary allocation for 2023-24, the amount for the ministry was at Rs 2,922.12 crore.

  6. 3 days ago · The first Budget of Modi 3.0 will be presented on July 23. Domestic airlines have once again requested the inclusion of jet fuel or aviation turbine fuel (ATF) under the goods and services tax ...

  7. 3 days ago · In July this year, the government gave significant relaxation to the aviation sector by implementing a 5 percent uniform integrated goods and services tax (IGST) rate on all aircraft and aircraft ...