• Privacy Policy
  • About Us
  • Contact Us
  • Home
  • Business
  • Computers
  • Gear
  • Real Estate
  • Review
  • Technology
No Result
View All Result
  • Home
  • Business
  • Computers
  • Gear
  • Real Estate
  • Review
  • Technology
No Result
View All Result
Cartographeum
No Result
View All Result

No foreign flights at cost of Indian carriers: Puri

Juliet Woodard by Juliet Woodard
October 8, 2020
Home Business
Share on FacebookShare on Twitter

Foreign carriers will not be allowed flights into India at the expense of Indian carriers, Minister of State for Civil Aviation Hardeep Puri warned on Thursday at a time when India is in the process of negotiating and renegotiating special bilateral arrangements with different countries for allowing limited number of direct flights from and to India.“Foreign carriers are allowed to fly into India, but the time has come for the message to go out loud and clear that this will be not done at the expense of Indian carriers,” Mr. Puri said at a press conference.The remarks were made days after the first-ever meeting with Germany’s Ministry of Transport and Digital Infrastructure and India’s Ministry of Civil Aviation on the “air bubble” agreement which recently broke forcing both Lufthansa and Air India to cancel their October flights between the two countries. Another meeting is scheduled between the two sides on Friday.“Negotiations are on and we are hopeful of a resolution soon,” diplomatic sources said.In a veiled reference to Middle-Eastern carriers as well as other airlines that fly passengers via its hubs to destinations in the U.S. and Europe, Mr. Puri said, “India-U.S. market is a $7 billion market, but the share of Indian carriers is only 17%. This is not to say that U.S. carriers are getting the balance. But we are not insisting on total parity, but even near parity will do.”Air India is the only Indian carrier that flies to both the U.S. and Europe. Vistara recently launched flights to London and SpiceJet too has plans for London and other long-haul international destinations.Until September 30, foreign carriers operated 5,120 flights to and from India while Indian carriers operated 2,260 flights, Mr. Puri said adding that while Lufthansa operated 21 flights per week to its destinations in Germany, the latter allowed India only three weekly flights. However, industry sources contested the figure attributed to Lufthansa.The bone of contention between the two countries is also the “sixth freedom of the air”, or flights operated between two countries via the home State of the carrier. India views Lufthansa’s operations through Frankfurt, into Europe, U.S. and Canada as a threat for its airlines.Industry sources though say that it is commercially unviable for Lufthansa to fly only direct flights to Munich and FrankfurtPre-COVID levels Indian aviation could see passenger traffic reaching pre-COVID-19 levels as soon as the end of 2020, Minister of State for Civil Aviation Hardeep Puri said.“Between Diwali and end of the year we will not only reach pre-COVID levels, but into the first quarter of the next year we will also surpass pre-COVID levels,” Mr. Puri said at a press briefing.He said that these expectations were based on the traffic figures witnessed in the first week of October, which is above 1,50,000 unique passenger trips or 50% of pre-COVID levels.

Juliet Woodard

Juliet Woodard

Next Post
Snapdeal

Snapdeal 'Kum Mein Dum' Diwali Sale Starting October 16 With Discounts on Daily-Use Gadgets, More

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

Recommended.

Business Live: Stocks rise; farmers driven to debt as banks turn risk-averse during pandemic

Sensex tanks over 600 points on global sell-off; Nifty below 11,400

September 4, 2020
Amazon Luna Game Streaming Service Unveiled to Take on Google, Microsoft

Amazon Luna Game Streaming Service Unveiled to Take on Google, Microsoft

September 27, 2020

Trending.

Understanding Emergency Rental Assistance For Landlords And Tenants

Understanding Emergency Rental Assistance For Landlords And Tenants

January 27, 2021
Webinar on weather and its impact on business on November 19

Webinar on weather and its impact on business on November 19

November 16, 2020
NPPA caps price of liquid medical oxygen, medical oxygen cylinders

NPPA caps price of liquid medical oxygen, medical oxygen cylinders

September 26, 2020
Rock Legend Gene Simmons Kisses His California Estate And High Taxes Goodbye

Rock Legend Gene Simmons Kisses His California Estate And High Taxes Goodbye

November 1, 2020
WeWork May Use A SPAC To Finally Go Public, Report Says

WeWork May Use A SPAC To Finally Go Public, Report Says

January 28, 2021

Cartographeum brings you the latest information about Tech,Real Estate & Business.

Follow Us

Categories

  • Business
  • Computers
  • Gear
  • Real Estate
  • Review
  • Technology
  • Uncategorized

Tags

Amazon Apple Watch 2 Bombay stock exchange BSE Business Buying Guides china closing trade coronavirus Covid COVID-19 currency dollar rate economy Finance Ministry foreign exchange forex gold india indian economy Indian stock market Industry iOS 10 lockdown luxury homes market and exchange markets nifty Nirmala Sitharaman NSE oil pandemic Playstation 4 Pro rbi real estate Reserve Bank of India rupee rupee rate Rupee value rupee vs dollar sensex Sillicon Valley stock exchange Stocks USD

Recent News

Mortgage Interest Rates Barely Move Above Lowest Levels On Record

Mortgage Interest Rates Rise Sharply

February 27, 2021
Expansive Yet Intimate Southern Living

Expansive Yet Intimate Southern Living

February 27, 2021
  • Privacy Policy
  • About Us
  • Contact Us

© 2021 JNews - Premium WordPress news & magazine theme by Jegtheme.

No Result
View All Result
  • Home
  • Review
  • Computers
  • Gear

© 2021 JNews - Premium WordPress news & magazine theme by Jegtheme.