Question

Describe the chronology of events at
the airport​

Answer 1

Answer:

2000, October 2: Sahara Airlines was rebranded as Air Sahara.

2003: Entry of low cost carriers. Air Deccan started its services

2004: Government approved setting up of private Greenfield airports at Hyderabad and Bangalore.

2004, June: Low Cost Carrier – GoAir started it operations.

2004, December: Indian Scheduled carriers with a minimum of 5 years of continuous operations and a minimum fleet size of 20 aircraft, were permitted to operate scheduled services to international destinations.

2005: Indian Airlines was rebranded as Indian. The Government designated Air India, Indian Airlines, Jet Airways and Air Sahara to operate international services.

2005, May: Kingfisher Airlines (Full Service Carrier) and Spice Jet (Low Cost Carrier) commenced operations.

2006, August: Low Cost Carrier – Indigo started its operations.

2006: The government approved the restructuring and modernisation of Mumbai and Delhi brownfield airports through the public-private partnership model.

2007: The Regional Airlines Policy was announced wherein licenses were given for operation of airlines within a particular region.

2007: Indian aviation saw three mergers :

1.

AI-IA merged and was cleared by Empowered Group of Ministers on February 21, 2007.The Cabinet approved it on March 1, 2007 and was effective from August.

2.

Jet Airways acquired Air Sahara for Rs 1,450 cr on April 13, 2007.Air Sahara was renamed JetLite.

3.

Kingfisher Airlines acquired Air Deccan for Rs 550 cr on June 2007 .In October 2007, Air Deccan was renamed Simplifly Deccan and the old logo was substituted by the Kingfisher logo.

2008, April 24: The path breaking Greenfield Airport Policy of the Government was announced.

2008, August: Simplifly Deccan was renamed as Kingfisher Red.

2009, May 12: AERA was established to regulate the economic aspects of airports. It is an autonomous body set up by an Act of Parliament.

2010: Airport Economic Regulatory Authority Appellate Tribunal (AERAAT) was established.

Explanation:

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