Global philanthropists call for stronger networks, governance, and data-driven impact measurement
business3 days ago
India’s Akasa Air, a low-cost airline, has reportedly received a green signal to operate flights in three Middle East countries Saudi Arabia, Kuwait, and Qatar, in accordance with current bilateral agreements.
As per a Times Of India report, the Indian government has given approval to Akasa Air. The operations are expected to begin this winter based on the bilateral agreements signed between the two nations, the report added.
Now, the next question is - why isn’t UAE, one of the most preferred tourist destinations by Indians, on the list? As per the TOI report, this is because bilateral agreement between UAE and India has been exhausted. The airline hasn't issued an official statement on the matter.
Bilateral agreements refer to formal agreements or treaties between two countries regarding various aspects of civil aviation. These agreements outline the terms and conditions under which airlines from the respective countries can operate services between their nations, as per the Federal Aviation Administration.
Vinay Dube, the CEO of Akasa Air, in March this year, spoke about the necessity to "review" bilateral rights regarding flight capacity between India and the UAE.
“Bilateral capacity should be reviewed, and I think the government is reviewing them constantly,” Dube told The Hindu.
Dube's comment came weeks after Mohammad Sarhan, Emirates VP for India and Nepal, said to Times of India, “We are working hard with the civil aviation (authorities) in India and the UAE to try to increase the bilaterals for airlines of both sides and passengers to benefit.”
Back in February, Dube had claimed that “by the end of the year, we hope to be flying internationally.” He had also mentioned that the airline will target “destinations within the range of a 737 MAX in South Asia, Southeast Asia and the Middle East.”
ALSO READ:
Global philanthropists call for stronger networks, governance, and data-driven impact measurement
business3 days ago
Nasdaq-listed MakeMyTrip emerges as the market leader in UAE’s OTA air landscape
business3 days ago
Self-reliant India Mission showing striking results in the defence sector
business3 days ago
Parte Gulfeh is dedicated to upholding historic Chivalric traditions
business3 days ago
Revenues in Q3 2024 reached $1.86 billion, up 6.1% year on year
business3 days ago
Roundtable provides gateway to bilateral investment in green-tech and creative industries
business3 days ago
Several listed subsidiaries of the Adani empire, which spans coal, airports, cement and media, collapsed in early trade, with some losing as much as 20%
business3 days ago
Authorities said the Adani Group chairman and seven other defendants agreed to pay the bribes to Indian government officials to obtain contracts expected to yield $2 billion of profit over 20 years
business3 days ago