Aaa Aviation 14.10.2015 Bcas Hq

Total Page:16

File Type:pdf, Size:1020Kb

Aaa Aviation 14.10.2015 Bcas Hq Page 1 of 8 Non - Scheduled Operator & Private Category Airline Security Programme Status Details as on 21/06/2017 Security Prog. Letter Sent to Sec. Clearance Sec. Programme Sec. Programme Recvd. BCAS Last reminder Sl. No. Non Scheduled Operator Submnitted to Submitted at Action Taken by BCAS MCA for Sec. received from In-Principal regular Hqrs on to MCA on BCAS on Clearance MCA on approval on approval on ACE AIR SERVICE PVT.LTD. 14/10/2011 BCAS HQ. 14/10/2011 IN PRINCIPLE APPROVED 05.01.2016 1 A K AVIATION 07.02.2014 BCAS HQ. 07.02.2014 IN PRINCIPLE APPROVED 14.02.2014 31.08.2015 29.09.2014 2 AAA AVIATION 14.10.2015 BCAS HQ. 14.10.2015 APPROVED 3 ABIR INFRASTRUCTURE PVT. LTD. 29.07.2013 BCAS HQ. 30.07.2013 Security clearance pending from MCA 16.08.2011 16.02.2015 4 AEROTECH AVIATION PVT. LTD. 23.08.2016 BCAS HQ. UNDER PROCESS AHMEDABAD AVIATION AND AERONAUTICS 5 18/07/2013 BCAS HQ. 18/07/2013 Sec. Cl. Pending 18.07.2013 16.02.2015 LTD. 6 AHMEDABAD AVIATION AND AERONAUTICS 27.04.2016 BCAS HQ. Under process LTD. 20.05.2014 7 AIR CAR AIRLINES 20.05.2014 BCAS HQ. Letter received from the company AUG.2011 - 27.08.2013 03.07.2014 (Re - Submitted) Page 2 of 8 Company to submit Sec. Prog. As per new 8 AIR MEGA CO. LTD. (MEGA CORPORATION) 06.09.2011 BCAS HQ. 06.09.2011 JUNE.2011 16.02.2015 template 2014 9 AIR ODISHA 13.11.2013 BCAS HQ. 13.11.2013 IN PRINCIPLE APPROVED --- 10.01.2014 Letters sent to MCA for fresh Sec.clr. of BoDs 10 AIRMID AVIATION SERVICES LTD. 28.06.2016 BCAS HQ. 0- and CSO for submission of amended chapters and required documents on 31/01/2017 Letter sent to CSO for resubmission of 11 AMAN AVIATION & AEROSPACE SOLUTION 22/12/2016 BCAS HQ. amendments in chapters and documents on PVT. LTD. 29/05/2017 Letter sent to CSO for documents on 12 ARKI AVIATION 27.05.2016 BCAS 06/06/2016 Letters sent to CSO submission of amended 13 ARYAN AVIATION 12.12.2016 BCAS HQ. chapters and required documents & MCA for Sec. Clr. of BoDs on 16/01/2017 Letters sent to MCA for Sec. Clr. In respect of BoDs and CSO for submission of amended 14 ASHLEY AVIATION BCAS HQ. chapters and required documents on 16/01/2017 Company to submit amendments and 15 AVIATION AIR RESCUE PVT. LTD. 10.08.2015 BCAS HQ 10.08.2015 documants as per new template 2014. Letter sent on 02-11-2015 16 AVIATORS AIR RESCUE Pvt. Ltd 13.11.2015 BCAS HQ 13.11.2015 IN PRINCIPLE APPROVED 22.06.2016 Letter sent to CSO for resubmission of 17 BAJAJ AUTO LTD. 21.12.2015 amendment in chapters and documents on 22/05/2017 18 BHARAT FORGE LTD. BCAS HQ. Letter sent to MCA on 14.03.2016 BHARTIYA UDAAN TRAINING ACADEMY PVT. 19 28.01.2013 BCAS HQ. 28.01.2013 IN PRINCIPLE APPROVED 12.11.2012 05.03.2013 LTD. 07.10.2013 RE- 20 BHUSHAN AIRWAYS LTD. BCAS HQ. 19.08.2013 IN PRINCIPLE APPROVED - - 11.06.2013 02.12.2013 Submitted Security clearance of company in new name is 21 BHUSHAN AVIATION LTD. 11.08.2011 BCAS HQ. 11.08.2011 NOV.2011 16.02.2015 awaited 22 BJETS (Bussiness Jets India Pvt. Ltd.) 17/10/2012 BCAS HQ. 17/10/2012 Sec. Cl. Pending OCT.2012 16.02.2015 23 BLUE RAY AVIATION 31.12.2015 BCAS HQ. Documents received on 07/10/2016 Letter sent to CSO for resubmission of 24 16.07.2016 BCAS HQ. amendments in chapters and documents on CAD, GOVT. OF GUJARAT 26/05/2017 25 CAD, GOVT. OF RAJASTHAN 04.03.2016 BCAS HQ. IN PRINCIPLE APPROVED 17.02.2017 26 CAD, GOVT. OF RAJASTHAN 16.07.2016 BCAS HQ. UNDER PROCESS 27 CAMPING RETREATS OF INDIA 09.09.2013 BCAS HQ. 09.09.2013 Sec. Cl. Pending 28.10.2013 16.02.2015 28 CARGO AIR SERVICES PVT. LTD. 10.12.2013 BCAS HQ. 10.12.2013 IN PRINCIPLE APPROVED 15.01.2014 CHANDIGARGH AIRCRAFT MANAGEMENT PVT Letter sent to MCA for security clearance of 29 24.10.2016 BCAS HQ LTD. the compnay and its directors on 23-03-2017 Letter sent to CSO for submission of 30 CHIMES AVIATION PVT. LTD. (Renewal) 25.03.2014 BCAS HQ. 25.03.2014 documents & MCA for Sec. Clr. of the company and its BoDs on 13.04.2017 31 CHIPSAN AVIATION PVT. LTD. BCAS HQ. APPROVED 19/06/2017 Page 3 of 8 Letter sent to CSO for observations and MCA 32 COROMANDEL TRAVELS (Renewal) 20.10.2016 BCAS HQ for security clearence in respect of the company & its directors on 14/03/2017 Letter sent to CSO for resubmission of 33 D.Y. Uppar 05.11.2015 BCAS HQ. amendment in chapters and documents on 17/05/2017 Letter sent to CSO for submission of amendments in chapters and documents & 34 DAVANGERE SUGAR COMPANY LTD. (Renewal) BCAS HQ. MCA for sec. clr. of the BoDS and company on Reminder sent12/06/2017 MCA for sec. clr. of the company and its BODs nd CSO for 35 DECORE EXXOILS PVT. LTD. 21.07.2016 BCAS HQ. 09.11.2016 submission of required documents on 29.08.2014 17/05/2017 letter sent MCA for sec. clr. of the company 36 DLF LTD. 02.07.2012 BCAS HQ. 02.07.2012 and its BODs and CSO for resubmission of FEB.2012 16.02.2015 amemded chapters, documents on 03/02/2017 letter sent to CSO for submission of documents 37 DOVE AIRLINES PVT. LTD. 18/06/2012 BCAS HQ. 18/06/2012 JUNE.2012 on 23/05/2016 38 Dove Airlines Pvt. Ltd. 17.11.2015 BCAS HQ 17.11.2015 Under Submittion Letter sent to CSO for resubmission of security 39 DURGA BEARINGS COMPNAY PVT.LTD. 27/05/2017 BCAS HQ. programme on 16/06/2017 40 E- FACTOR ADVENTURE TOURISM PVT. LTD. 06.06.2016 BCAS HQ. UNDER PROCESS (SKY WALTZ) 41 E FACTOR (GAS BALLOON) 14/01/2013 BCAS HQ. 14/01/2013 Sec. Cl. Pending JAN.2013 16.02.2015 EMERALD HAVEN AVIATION SERVICES PVT. 42 19.06.2013 BCAS HQ. 19.06.2013 IN PRINCIPLE APPROVED --- 08.0.2013 LTD. Letter sent to CSO for resubmission of EMPIRE AIRCRAFT MANAGEMENT SERVICES 43 BCAS HQ. amendments in chapters and observations on PVT. LTD. 18/01/2017 44 EON AVIATION PVT. LTD. 04.06.2012 BCAS HQ. NSOP rejected by DGCA and Under process 45 ESCORT LTD. 15.01.2015 BCAS HQ. 15.01.2015 Undertaking /affidavit awaited JULY.2011 Letter sent to CSO for observations and MCA 46 FAIRWINGD AVIATION PVT. LTD. 21.12.2016 BCAS HQ for security clearence in respect of the company & its directors on 20/03/2017 Letter sent to CSO for resubmission of 47 FERN AVIATION INDIA LTD. (NSOP) 18.07.2016 BCAS HQ. amendments in chapters and observations on 01/03/2017 48 FERN AVIATION PVT. LTD. 17.08.2016 BCAS HQ. UNDER PROCESS 49 FUTURA TRAVELS , (ESSAR) 17.05.2016 BCAS HQ. APPROVED 04.11.2016 50 GARUDA JETS PVT. LTD. 05.02.2015 BCAS HQ. 05.02.2015 RETURNED 51 GENESYS INTERNATIONAL 03.09.2013 BCAS HQ. 03.09.2013 IN PRINCIPLE APPROVED - 24.07.2012 11.10.2013 GLOBAL KONNECT AVIATION SERVICES PVT. 52 28.01.2015 BCAS HQ. 28.01.2015 IN PRINCIPLE APPROVED --- 20.02.2015 LTD. 53 GLOBAL VECTRA HELICORP LTD. Dez.14 BCAS HQ. Dez.14 Security clearane is awaited DEC.2011 lettr sent to MCA IN-PRINCIPLE APPROVED & letter sent to 54 GMR AVIATION PVT. LTD. 19.09.2016 BCAS HQ. 16/06/2017 MCA for sec. clr. On 16/06/2017 Page 4 of 8 Letter sent to CSO for observations and MCA 55 GOBAL AVIANAUTICS LTD. 10.02.2017 BCAS HQ for security clearence in respect of the company & its directors on 23/03/2017 56 GOVT. OF PUNJAB AVIATION WING 15.03.2013 BCAS HQ. 15.03.2013 IN PRINCIPLE APPROVED --- 28.03.2013 23.08.2013 Re 57 GVK PROJECTS & TECHNICAL SERVICES LTD. RDCOS - BOM 23.08.2013 Security clearane is awaited 30.08.2013 16.02.2015 Submitted Letter sent to company for observations and 58 IIC TECHNOLOGIES 30.08.2013 BCAS HQ. 30.08.2013 MCA for fresh security clearence in respect of 07.03.2012 10.10.2013 BODs on 20/03/2017 59 IMO SKYFUN 19.10.2016 BCAS HQ UNDER PROCESS Letter sent to MCA for fresh security clearence 60 INDO PACIFIC 02.06.2016 BCAS HQ. of the company and its direcotrs on 29/11/2016 61 INDOCOPTOR PVT. LTD. Dez.14 BCAS HQ. Dez.14 Security clearance pending AUG.2011 16.02.2015 Letter sent to CSO for clarification on 62 INDRA AIR 08.11.2013 BCAS HQ. 08.11.2013 13.01.2014 16.02.2015 26/10/2016 Page 5 of 8 INTERNATIONAL AIR CHARTER OPNS (I) PVT. 63 07.08.2013 BCAS HQ. 07.08.2013 Sec. Cl. Pending 11.07.2013 16.02.2015 LTD. 64 INVISION AIR SERVICES Pvt. Ltd. BCAS HQ Under process 15.02.2016 Company to submit Sec. Prog. As per new 65 JAGSON AIRLINES 27/09/2011 BCAS HQ. 27/09/2011 OCT.2011 template 2014 Company to submit Sec. Prog. As per new 66 JAIPRAKASH ASSOCIATES 27/12/2011 BCAS HQ.
Recommended publications
  • My Personal Callsign List This List Was Not Designed for Publication However Due to Several Requests I Have Decided to Make It Downloadable
    - www.egxwinfogroup.co.uk - The EGXWinfo Group of Twitter Accounts - @EGXWinfoGroup on Twitter - My Personal Callsign List This list was not designed for publication however due to several requests I have decided to make it downloadable. It is a mixture of listed callsigns and logged callsigns so some have numbers after the callsign as they were heard. Use CTL+F in Adobe Reader to search for your callsign Callsign ICAO/PRI IATA Unit Type Based Country Type ABG AAB W9 Abelag Aviation Belgium Civil ARMYAIR AAC Army Air Corps United Kingdom Civil AgustaWestland Lynx AH.9A/AW159 Wildcat ARMYAIR 200# AAC 2Regt | AAC AH.1 AAC Middle Wallop United Kingdom Military ARMYAIR 300# AAC 3Regt | AAC AgustaWestland AH-64 Apache AH.1 RAF Wattisham United Kingdom Military ARMYAIR 400# AAC 4Regt | AAC AgustaWestland AH-64 Apache AH.1 RAF Wattisham United Kingdom Military ARMYAIR 500# AAC 5Regt AAC/RAF Britten-Norman Islander/Defender JHCFS Aldergrove United Kingdom Military ARMYAIR 600# AAC 657Sqn | JSFAW | AAC Various RAF Odiham United Kingdom Military Ambassador AAD Mann Air Ltd United Kingdom Civil AIGLE AZUR AAF ZI Aigle Azur France Civil ATLANTIC AAG KI Air Atlantique United Kingdom Civil ATLANTIC AAG Atlantic Flight Training United Kingdom Civil ALOHA AAH KH Aloha Air Cargo United States Civil BOREALIS AAI Air Aurora United States Civil ALFA SUDAN AAJ Alfa Airlines Sudan Civil ALASKA ISLAND AAK Alaska Island Air United States Civil AMERICAN AAL AA American Airlines United States Civil AM CORP AAM Aviation Management Corporation United States Civil
    [Show full text]
  • Amadeus Yearbook of Ancillary Revenue by Ideaworks
    Issued 29 August 2012 The Amadeus Yearbook of Ancillary Revenue by IdeaWorks Table of Contents 2012 Amadeus Yearbook of Ancillary Revenue ................................................................................... 4 Europe and Russia ............................................................................................................................... 17 The Americas........................................................................................................................................ 28 Asia and the South Pacific ................................................................................................................. 52 Middle East and Africa ........................................................................................................................ 63 Currency Exchange Rates Used for the Worldwide Statistics .................................................. 67 Disclosure to Readers of this Report IdeaWorks makes every effort to ensure the quality of the information in this report. Before relying on the information, you should obtain any appropriate professional advice relevant to your particular circumstances. IdeaWorks cannot guarantee, and assumes no legal liability or responsibility for, the accuracy, currency or completeness of the information. The views expressed in the report are the views of the author, and do not represent the official view of Amadeus. Issued by IdeaWorksCompany.com LLC Shorewood, Wisconsin, USA www.IdeaWorksCompany.com The free distribution of this report
    [Show full text]
  • SP's Aviation June 2011
    SP’s AN SP GUIDE PUBLICATION ED BUYER ONLY) ED BUYER AS -B A NDI I News Flies. We Gather Intelligence. Every Month. From India. 75.00 ( ` Aviationwww.spsaviation.net JUNE • 2011 ENGINE POWERPAGE 18 Regional Aviation FBO Services in India Interview with CAS No Slowdown in Indo-US Relationship LENG/2008/24199 Interview: Pratt & Whitney EBACE 2011 RNI NUMBER: DELENG/2008/24199 DE Show Report Our jets aren’t built tO airline standards. FOr which Our custOmers thank us daily. some manufacturers tout the merits of building business jets to airline standards. we build to an even higher standard: our own. consider the citation mustang. its airframe service life is rated at 37,500 cycles, exceeding that of competing airframes built to “airline standards.” in fact, it’s equivalent to 140 years of typical use. excessive? no. just one of the many ways we go beyond what’s required to do what’s expected of the world’s leading maker of business aircraft. CALL US TODAY. DEMO A CITATION MUSTANG TOMORROW. 000-800-100-3829 | WWW.AvIATOR.CESSNA.COM The Citation MUSTANG Cessna102804 Mustang Airline SP Av.indd 1 12/22/10 12:57 PM BAILEY LAUERMAN Cessna Cessna102804 Mustang Airline SP Av Cessna102804 Pub: SP’s Aviation Color: 4-color Size: Trim 210mm x 267mm, Bleed 277mm x 220mm SP’s AN SP GUIDE PUBLICATION TABLE of CONTENTS News Flies. We Gather Intelligence. Every Month. From India. AviationIssue 6 • 2011 Dassault Rafale along with EurofighterT yphoon were found 25 Indo-US Relationship compliant with the IAF requirements of a medium multi-role No Slowdown
    [Show full text]
  • U.S. Department of Transportation Federal
    U.S. DEPARTMENT OF ORDER TRANSPORTATION JO 7340.2E FEDERAL AVIATION Effective Date: ADMINISTRATION July 24, 2014 Air Traffic Organization Policy Subject: Contractions Includes Change 1 dated 11/13/14 https://www.faa.gov/air_traffic/publications/atpubs/CNT/3-3.HTM A 3- Company Country Telephony Ltr AAA AVICON AVIATION CONSULTANTS & AGENTS PAKISTAN AAB ABELAG AVIATION BELGIUM ABG AAC ARMY AIR CORPS UNITED KINGDOM ARMYAIR AAD MANN AIR LTD (T/A AMBASSADOR) UNITED KINGDOM AMBASSADOR AAE EXPRESS AIR, INC. (PHOENIX, AZ) UNITED STATES ARIZONA AAF AIGLE AZUR FRANCE AIGLE AZUR AAG ATLANTIC FLIGHT TRAINING LTD. UNITED KINGDOM ATLANTIC AAH AEKO KULA, INC D/B/A ALOHA AIR CARGO (HONOLULU, UNITED STATES ALOHA HI) AAI AIR AURORA, INC. (SUGAR GROVE, IL) UNITED STATES BOREALIS AAJ ALFA AIRLINES CO., LTD SUDAN ALFA SUDAN AAK ALASKA ISLAND AIR, INC. (ANCHORAGE, AK) UNITED STATES ALASKA ISLAND AAL AMERICAN AIRLINES INC. UNITED STATES AMERICAN AAM AIM AIR REPUBLIC OF MOLDOVA AIM AIR AAN AMSTERDAM AIRLINES B.V. NETHERLANDS AMSTEL AAO ADMINISTRACION AERONAUTICA INTERNACIONAL, S.A. MEXICO AEROINTER DE C.V. AAP ARABASCO AIR SERVICES SAUDI ARABIA ARABASCO AAQ ASIA ATLANTIC AIRLINES CO., LTD THAILAND ASIA ATLANTIC AAR ASIANA AIRLINES REPUBLIC OF KOREA ASIANA AAS ASKARI AVIATION (PVT) LTD PAKISTAN AL-AAS AAT AIR CENTRAL ASIA KYRGYZSTAN AAU AEROPA S.R.L. ITALY AAV ASTRO AIR INTERNATIONAL, INC. PHILIPPINES ASTRO-PHIL AAW AFRICAN AIRLINES CORPORATION LIBYA AFRIQIYAH AAX ADVANCE AVIATION CO., LTD THAILAND ADVANCE AVIATION AAY ALLEGIANT AIR, INC. (FRESNO, CA) UNITED STATES ALLEGIANT AAZ AEOLUS AIR LIMITED GAMBIA AEOLUS ABA AERO-BETA GMBH & CO., STUTTGART GERMANY AEROBETA ABB AFRICAN BUSINESS AND TRANSPORTATIONS DEMOCRATIC REPUBLIC OF AFRICAN BUSINESS THE CONGO ABC ABC WORLD AIRWAYS GUIDE ABD AIR ATLANTA ICELANDIC ICELAND ATLANTA ABE ABAN AIR IRAN (ISLAMIC REPUBLIC ABAN OF) ABF SCANWINGS OY, FINLAND FINLAND SKYWINGS ABG ABAKAN-AVIA RUSSIAN FEDERATION ABAKAN-AVIA ABH HOKURIKU-KOUKUU CO., LTD JAPAN ABI ALBA-AIR AVIACION, S.L.
    [Show full text]
  • Download This Publication
    b685_Chapter-06.qxd 12/30/2008 2:21 PM Page 135 Published in Indian Economic Superpower: Fiction or Future? Edited by Jayashankar M. Swaminathan World Scientific Publishing Company: 2009 CHAPTER 6 INDIA’S AVIATION SECTOR: DYNAMIC TRANSFORMATION John Kasarda* and Rambabu Vankayalapati† Introduction India is no longer a country of promise — it has arrived, and in a big way. Not long ago regarded as a relatively closed and staid demographic giant, the nation has emerged over the past decade as “open for business,” quickly joining global leaders in everything from IT and BPO to financial services and medical tourism. As India’s integration into the global economy accelerated, so did its annual GDP growth rate, averaging over 8% since 2003. In the fiscal year 2007, its GDP expanded by 9.4% and was forecasted to remain above 9% for the next three years.40 Foreign investment concurrently mushroomed, posi- tioning India as number two in the world (behind China) as the preferred location for FDI. Net capital inflows (FDI plus long-term commercial debt) exceeded USD24 billion. The country’s explosive economic growth has yielded a burgeoning middle class in which higher incomes have led to sharp rises in purchases of automobiles, motorbikes, computers, mobile phones, TVs, refrigerators, and branded con- sumer goods of all types. Rapidly rising household incomes have also generated a burst in air travel, both domestic and international. In just three years from 2003–2004 to 2006–2007, commercial aircraft enplanements in India rose from 48.8 million to nearly 90 million, a growth rate of almost 25% annually.
    [Show full text]
  • SP's Aviation
    SP’s AN SP GUIDE PUBLICATION ED BUYER ONLY) ED BUYER AS -B A NDI I 100.00 ( ` Aviation Sharp Content for Sharp Audience www.sps-aviation.com vol 19 ISSUE 12 • DEcEmbEr • 2016 MILITARY CIVIL • CarTER REAFFIRMS ROAD FORUM FOR REDRESSAL: MAP FOR THE NEXT US AIRSEWA LAUNCH DEFENSE SECRETARY • BOEING ENTERS TaNKER RACE WITH FMS OFFER reGiOnAl AviAtiOn: • exclusive interview JOHN SLATTERY, LAST WORD: EMBRAER COMMERCIAL INDIAN NAVY REJECTS TEJAS (LCA) • TIANJIN AIRLINES-EMBRAER, PERFECT FIT FOR CHINA’S REGIONAL EXPANSION MEBAA 2016 • REPORT: • WORRISOME SCENARIO AERO EXPO INDIA 2016 • exclusive interview: WIELAND TIMM, Business AviAtiOn: LUFTHANSA TECHNIK • BAOA REPORT RELEASE • exclusive interview: JAYANT NADKARNI, EXCLUSIVE PRESIDENT, BAOA • MIDDLE EAST IN IRELAND & INDIA THE MIDDLE PAT BREEN, IRELAND MINISTER OF STATE FOR EMPLOYMENT AND SMALL OF A CRISIS BUSINESS +++ GOVERNMENT SUPPORT TO ENTREPRENEURSHIP IS RNI NUMBER: DELENG/2008/24199 EXTREMELY IMPORTANT PAGE 8 SIMPLY THE LARGEST MEDIA FOR (IN ASIA) AERO INDIA 2017 WE AT SP’S, SP GUIDE PUBLICATIONS FOUNDED IN 1964 HENCE A BACKGROUND OF OVER 52 YEARS, BRING THE COLLECTION OF THE LARGEST NUMBER OF PUBLICATIONS (NINE IN TOTAL) AT UPCOMING AERO INDIA 2017 PUBLISHED DAILY ON DAY 1, DAY 2, DAY 3 EMAIL US AT: ADVERTISING@ SPGUIDEPUBLICATIONS.COM SHOW SPECIAL CALL US: SHOW SPECIAL +91 11 24644763 +91 11 24644693 +91 11 24620130 SHOW SPECIAL +91 11 24658322 SHOW SPECIAL CONTACT US: ROHIT GOEL +91 99999 19071 SHOW SPECIAL NEETU DHULIA +91 98107 00864 RAJEEV CHUGH +91 93128 36347 SHOW SPECIAL SIMPLY
    [Show full text]
  • Leakproof Form-Work Gives Long Lasting Concrete
    REGIONAL DEVELOPMENTS THROUGH AVIATION IN INDIA—CREATION OF NEW REGIONAL AIRPORTS AND REGIONAL AIRLINES —CreationRegionalCurrent Developments in Air and SpaceDevelopments Lawof new Regional through airports aviation and Regionalin India airlines Debabrat Mishra* Introduction One of the fastest growing aviation industries in the world is Indian Aviation Industry. With the liberalization of the Indian aviation sector, a rapid revolution has undergone in Indian aviation industry. Primarily it was a government-owned industry, but now it is dominated by privately owned full service airlines and low cost carriers. Around 75% share of the domestic aviation market is shared by private airlines. Earlier only few people could afford air travel, but now it can be afforded by a large number of people as it has become much cheaper because of stiff competition. The civil aviation traffic has seen an unprecedented traffic in the past few years on account of booming Indian economy, growing tourism industry, and entry of low cost carriers in the private sector, liberalization of international bi-lateral agreements and liberalization of civil aviation policy. In future also the civil aviation traffic is expected to grow at the same pace despite current slowdown due to global recession. But airport infrastructure has not kept pace with the growth of the civil aviation traffic. This has resulted in congestion and inefficient services in major airports, limited landing slots, inadequate parking bays and congestion during peak hours for airlines. Development of quality infrastructure will have an impact on international competitiveness and economic growth. This requires faster development of civil aviation infrastructure on public private partnership mode.
    [Show full text]
  • Paridnya – the MIBM Research Journal, Vol-6 Issue-1 September 2018
    Paridnya – The MIBM Research Journal, Vol-6 Issue-1 September 2018 Analysis of Z Score For BSE Listed Airline Companies In India Ms. Sayee Kulkarni Assistant Professor, MBA(Finance), NET Kaveri College of Arts, Science and Commerce Karve Road, Pune, [email protected] Abstract The research paper focuses on calculating the Altman’s Z score for bankruptcy prediction for the airline industry in India. The modified Z Score for non manufacturing companies is used for analysis. 6 listed companies namely Jagson Airlines, TAAL enterprises, Global Vectra Helicorp, Spice Jet, Jet Airways, IndiGo Airways and the government owned Air India is considered for analysis. The Z scores for three preceeding years is calculated and analysed. The research paper states that the overall aviation sector is in financial distress . Only IndiGo airways is in the safe zone with a Z score of more than 2.9. All other companies are in financial distress. Keywords- Altman’s Z Score, Airline industry, BSE, bankruptcy prediction. INTRODUCTION the Altman’s Z score model to the BSE listed companies in the airlines sector. Bankruptcy is the failure of a business. It is when a company is unable to honour its DEFINITIONS financial obligations. It is a situation where a Altman’s Z Score: firm is unable to repay debts to its creditors. With more and more companies facing The Altman’s Z score was first developed by liquidation process, there is a need for a Edward Altman, financial economist and warning signal system for bankruptcy. The professor at Stern School of Business in the world over there have been many models for year 1968.
    [Show full text]
  • Answered On:06.08.2001 Complaints Against Airlines and Flying Clubs Ashok Argal
    GOVERNMENT OF INDIA CIVIL AVIATION LOK SABHA UNSTARRED QUESTION NO:2314 ANSWERED ON:06.08.2001 COMPLAINTS AGAINST AIRLINES AND FLYING CLUBS ASHOK ARGAL Will the Minister of CIVIL AVIATION be pleased to state: (a) the names of scheduled airlines, non-scheduled airlines and flying clubs in the country at present; (b) whether some cases are pending in the court against these companies; (c) if so, the details thereof; (d) the details of debt equity ratio, current ratio and liquidity ratio of these companies; (e) whether the Government have received any complaint regarding the financial irregularity of any of the company/flying club; and (f) if so, the details thereof and the action taken thereon? Answer THE MINISTER OF CIVIL AVIATION (SHRI SHARAD YADAV) (a) The list of scheduled airlines/ non-scheduled airlines and Flying Clubs in the country are at Annexure I and II respectively. (b) and (c):Details of the court cases pending against these companies are at Annexure III. (d) Information is being collected. (e) and (f): Details of complaints of financial irregularitiy received from the DGCA are at Annexure IV. ANNEXURE-I LIST OF SCHEDULED/NON-SCHEDULED OPERATORS SCHEDULED OPERATORS: 1. AIR INDIA 2. ALLIANCE AIR 3. INDIAN AIRLINES 4. JET AIRWAYS (INDIA) PVT.LTD. 5. SAHARA INDIA AIRLINES NON SCHEDULED OPERATORS 1. ACE AIRWAYS PVT. LTD. 2. AERIAL SERVICES PVT. LTD. 3. AGNI-AEROSPORTS ADVENTURE ACADEMY PVT. LTD. 4. AHMEDABAD AVIATION ACADEMY LTD. 5. AIRWORKS INDIA ENGG. PVT. LTD. 6. ASIA AVIATION LTD. 7 AZAL INDIA PVT. LTD. 8. BLUE DART AVIATION LTD. (CARGO) 9.
    [Show full text]
  • September, 2010 Volume 13, Number 8 Contents EDITOR Simon Keeble [email protected] • (770) 642-9170
    INTERNATIONAL EDITION SEPTEMBER 2010 Mumbai’s big squeeze Top 50 cargo airlines Quality mantra at Swiss September, 2010 Volume 13, Number 8 contents EDITOR Simon Keeble [email protected] • (770) 642-9170 EUROPEAN EDITOR Martin Roebuck [email protected] Top 50 Airlines +44.(0)20-865-70138 Airline revenue management systems: CONTRIBUTING EDITORS 20 Roger Turney, Ian Putzger handle with care CONTRIBUTOR Karen E. Thuermer India COLUMNISTS Brandon Fried, Gabriel Weisskopf 26 Building for a sustainable future P R O D U C T I O N D I R E C T O R E d C a l a h a n [email protected] Top 100 Airports CIRCULATION MANAGER Structural shift continues in Nicola Stewart [email protected] 34 pattern of airfreight growth ART DIRECTOR CENTRAL COMMUNICATIONS GROUP [email protected] PUBLISHER Steve Prince [email protected] ASSISTANT TO PUBLISHER WORLD NEWS Susan Addy [email protected] • (770) 642-9170 DISPLAY ADVERTISING TRAFFIC COORDINATOR 4 Europe Linda Noga [email protected] 8 Middle East AIR CARGO WORLD HEADQUARTERS 1080 Holcomb Bridge Rd., Roswell Summit Building 200, Suite 255, Roswell, GA 30076 12 Asia (770) 642-9170 • Fax: (770) 642-9982 WORLDWIDE SALES 16 Americas U.S. Sales Japan Associate Publisher Masami Shimazaki Pam Latty [email protected] (678) 775-3565 +81-42-372-2769 [email protected] Thailand 26 Europe, Chower Narula United Kingdom, [email protected] Middle East +66-2-641-26938 David Collison +44 192-381-7731 Taiwan [email protected] Ye Chang [email protected] Hong Kong, +886 2-2378-2471 DEPARTMENTS Malaysia, Singapore Australia, Joseph Yap New Zealand 2 Editorial 44 People/Events 48 Opinion +65-6-337-6996 Fergus Maclagan [email protected] [email protected] 3 Viewpoint 46 Bottom Line +61-2-9460-4560 India Faredoon Kuka Korea RMA Media Mr.
    [Show full text]
  • An Empirical Study of Domestic Airline Industry in India Abstract
    DIMENSIONS OF CUSTOMER SERVICE QUALITY - AN EMPIRICAL STUDY OF DOMESTIC AIRLINE INDUSTRY IN INDIA ABSTRACT OF THE THESIS SUBMITTED FOR THE AWARD OF THE DEGREE OF Ph. D. (BUSINESS ADMINISTRATION) BY . VIPPAN RAJ DUTTT Under the Supervision of Dr. Mohammed Naved Khan' ; Dr. S C Bansal Senior Lecturer ' , » Associate Professor Department of Business Administration Indian Institute of Management Faculty of Mgt. Studies & Research Lucknow Aligarh Muslim University, Allgarh (India) (India) (Internal Advisor) (External Advisor) DEPARTMENT OF BUSINESS ADMINISTRATION FACULTY OF MANAGEMENT STUDIES & RESEARCH ALIGARH MUSLIM UNIVERSITY ALIGARH (INDIA) 2008 ABSTRACT Introduction Civil Aviation represents one of the biggest industries worldwide with global airline revenues exceeding US$ 485 billion in 2007 (lATA, 2008b). The industry has moved towards liberalisation in the ownership of national carriers, capacity sharing, price controls and market access, leading to greater competition among airlines. In the de-regulated environment, the customer has many choices, if the first airline does not measure up-to the desired standards of service. Focus on service quality is the need of the hour if the airlines aspire to improve market share and further enhance financial perforniance in domestic and international markets. The airline industry has been a pioneer in the innovative use of Information Technology (IT) (Ghobrial & Trusilov, 2005). E-commerce and IT are changing the nature of the airline business. The dramatic growth of web and self-service technologies facilitate simplified passenger travel involving e-ticketing, automated check-in, common-user self-service kiosks and other passenger, services (Shon, Chen & Chang, 2003). Growth in the air traffic in recent years is due to the spread of low cost service.
    [Show full text]
  • AUSTRALIAN RETURNS Its Vienna Base the IATA AGM Returns to Australia Row,” Says IATA Director General Al- Locally the Outlook Is Bright Too
    ISSUE ALL THE NEWS FROM SUNDAY 13 JUNE 2018 INDUSTRY SNAPSHOT 7% Increase in passenger traffic over the first four months of 2018 5.1% Increase in air freight traffic over the first four months of 2018 Air India stake sale bid closes with no offers BOC Aviation orders three Boeing 787-9s for lease to Air Europa Laudamotion begins flights from AUSTRALIAN RETURNS its Vienna base The IATA AGM returns to Australia row,” says IATA director general Al- Locally the outlook is bright too. at a time of record profits for the exandre de Juniac. “Even with the Qantas expects its full-year under- sector and a revival in the financial last few years [of growth] passenger lying pre-tax profits to come in fortunes of host carrier Qantas. and cargo [traffic] are still growing. between A$1.55 ($1.16 billion) and “The mood should be pretty “Some costs are rising- fuel, la- A$1.6 billion, some turnaround after $76.79 good because the financials are re- bour infrastructure - so there are the record losses it incurred in 2014. Barrel price of Crude Oil ally positive for a fourth year in the some areas of concern.” See p7 and p24 for more as of close on 1 June Inside this issue Tripping the light fantastic in Sydney………………………3 How airlines fared in the first quarter……………………...15 Singapore Airlines in it for the long-haul…………………..4 Departing CEOs leave their mark………………………….22 De Juniac outlines key challenges………………………….7 Revived fortunes in Australia……………………………….24 What’s driving airlines’ record run?………………………...8 Slotting into place at airports………………………………26 Fuelling fears – 18 Flight Airline Business IATA daily online: flightglobal.com/iata #IATAagm GEARED FOR THE FUTURE.
    [Show full text]