No bailout for private airlines, says Indian government

September 8th, 2009 DOT releases airline delay list for AugustThe percentage of airline flights in August that arrived within 15 minutes of schedule, according to the U.S. Transportation Department: 1.

August 11th, 2009 NEW DELHI - India's private airline operators met Civil Aviation Minister Praful Patel, demanding reduction in sales tax on jet fuel and airport charges. The representatives of Federation of Indian Airlines (FIA), which includes five of India's top private airlines, met Patel to present their demands after they put their August 18 strike "on hold" in view of the inconvenience it could cause to thousands of passengers.

August 5th, 2009 NEW DELHI - Private carrier Kingfisher Airlines has reported a net loss of Rs.1,608.09 crore ($338.5 million) for 2008-09, but said it has plans to raise Rs.500 crore from the equity market. The airline's expenses on employees cost stood at Rs.823.85 crore last fiscal, while expenses on aviation fuel and aircraft lease rental were respectively at Rs.2,602 crore and Rs.1,185.13 crore, Kingfisher said in a regulatory statement Wednesday.

August 3rd, 2009 NEW DELHI - Even with the private airlines calling off their planned protest of August 18, the Union Government has stood firm and ruled out any financial bailout for them. Speaking to the reporters here on Monday Union Minister of State for Civil Aviation Praful Patel said, "There is no question of a financial bailout for private airlines." He also made it clear that the government would not bail out Air India.

August 2nd, 2009 NEW DELHI - In a major respite to air passengers the Federation of Indian Airlines (FIA) on Sunday called off its proposed strike, announced earlier by the private airlines to protest against high airport charges and high taxation on ATF prices. The strike was called off by the FIA on behalf of airlines, including Kingfisher, Jetair, GoAir, Spicejet and Indigo.

August 2nd, 2009 NEW DELHI - Faced with stern action by the government and all-round resentment and anguish expressed by air travellers, private airlines in India late Sunday called off their proposal to suspend domestic operations from Aug 18. In a communiqu issued in Mumbai, the Federation of Indian Airlines (FIA), a representative body of private carriers, said its secretary general Anil Baijal was able to "impress upon" the members to hold back their decision.

August 2nd, 2009 NEW DELHI - India's private airlines Sunday called off their proposal to suspend domestic operations Aug 18 in view of widespread public protest and a stern warning from the government. The Federation of Indian Airlines (FIA), a representative body of the carriers, had earlier said the private airlines would not fly Aug 18 if the government failed to announce a bailout package to help tide over the ongoing crisis which they claim has escalated their collective losses to over $2 billion.

August 1st, 2009 NEW DELHI - Union Minister of State for Civil Aviation Praful Patel said on Saturday that the government would not offer bailout package to private airlines. On Friday, the private airlines announced that they suspend their operations on August 18 if the government did not help them to cut down costs.

August 1st, 2009 NEW DELHI - Civil Aviation Minister Praful Patel Saturday asked private airlines withdraw their proposal to suspend operations Aug 18 and asked them come to the table for discussions rather than inconvenience passengers. "The government understands the difficulties being faced by aviation sector.

August 1st, 2009 NEW DELHI - Civil Aviation Minister Praful Patel Saturday asked private airlines not to suspend operations Aug 18 and come to the table for discussions rather than inconvenience passengers. The regulator also stepped in and asked the airlines to explain the reason for their decision.

August 1st, 2009 NEW DELHI - Union Minster of State for Civil Aviation Praful Patel has urged the private air operators to come forward for negotiations rather than threatening to suspend on August 18. Patel said, the government understood the problems of the aviation sector, but maintained that it would not tolerate inconvenience to the paying public.

July 31st, 2009 MUMBAI - India's private airlines Friday threatened not to fly from Aug 18 if the government fails to announce a bailout package to help them tide over the ongoing crisis which they claim has escalated their collective losses to over $2 billion. The decision was taken at a meeting of the Federation of Indian Airlines (FIA), a representative body of private carriers, to discuss the current situation in the country's aviation sector and the way forward.

July 31st, 2009 MUMBAI - India's private airlines Friday threatened not to fly from Aug 18 if the government fails to announce a bailout package to help tide over the ongoing crisis which they claim has escalated their collective losses to over $2 billion. The decision was taken at a meeting of the Federation of Indian Airlines (FIA), a representative body of private carriers, to discuss the current situation in the country's aviation sector and the way forward.

July 17th, 2009 NEW DELHI - The government Friday said it has fined private carrier Kingfisher Airlines Rs.26.46 crore for delay in remittance of tax deducted at source (TDS). Minister of State for Finance S.S.

January 1st, 2009 NEW DELHI - Travel agents have stopped selling tickets of Singapore Airlines and threatened to extend the ban to other foreign airlines as well if they did not pay commission on tickets booked by them, an association representing them said Friday. 'We have stopped issuing tickets of Singapore Airlines.