India budget raises air travel costs. Maximum impact on Air India, Jet, and Kingfisher

The Indian budget for 2011-12 has raised the cost of air travel by imposition or raising of service tax. Earlier this morning, the Indian Finance Minister, Mr. Mukherjee, announced that the service tax on air travel by economy class would be raised by Rs. 50 for domestic trips and by Rs. 250 on international. Domestic…

Civil aviation minister and Bengaluru International Airport kick-off centenary year

Civil Aviation minister Vayalar Ravi kicked off the centenary year celebrations at the nation’s capital New Delhi, earlier this morning. Bengaluru International Airport Limited, the airport operator of Bangalore, together with its partners and concessionaires began the celebrations with an auspicious lighting of the lamp followed by unveiling of the official Civil Aviation Centenary Year…