Aviation

ICRA has raised its FY27 airline loss estimate to Rs 36,000-38,000 crore and cut traffic growth forecasts, citing higher ATF prices, a weaker rupee and lease costs

Wilson was referring to the network rationalisation Air India undertook because of the West Asia conflict, which started on February 28 when Israel and the US attacked Iran

Prime Minister Narendra Modi on Thursday said the Hub and Spoke international flights model will reduce travel time for passengers as well as being regions of India closer to global opportunities. The Hub and Spoke model seeks to enable seamless connectivity between Tier-II and Tier-III airports with international destinations. Under this model, Air India on Thursday launched flight operations from Varanasi that will connect passengers to various overseas cities through Delhi. Describing the launch of the first Hub and Spoke international flight operations as a historic milestone, Modi said better international connectivity creates new opportunities for trade, tourism, investment, education and business. "It enables people from smaller cities to access global destinations through a single, integrated journey while also supporting the movement of goods and services. This will contribute to regional development and strengthen India's economic growth," he said in a message. The message

The government has launched the first service under the hub-and-spoke model; here's how the system works and what it could mean for travellers from smaller cities

Following the incident, the flight crew carried out all mandatory Standard Operating Procedures (SOPs) as per safety protocol

AI, semiconductors, FTAs and airport expansion will reshape India's logistics sector, creating new growth avenues, says Blue Dart's Balfour Manuel

India setting up the ATF price stabilisation fund is a very good solution to address the problem of higher jet fuel costs being faced by the domestic airlines, a senior IATA executive has said. While mentioning that the current jet fuel scenario globally is unprecedented in terms of the cost impact, Hemant Mistry, Director Energy Transition at IATA, cautioned that if the situation continues, there would have to be more flight reductions. The International Air Transport Association (IATA) represents over 370 airlines, including Air India, IndiGo, Air India Express and SpiceJet. The grouping accounts for around 85 per cent of the global air traffic. Mistry said the jet fuel situation in terms of cost impact is unprecedented. "If the situation continues, there will have to be more demand destruction... that is the only way to manage the situation, it is an extreme situation," he told PTI. Demand destruction broadly refers to a reduction in flights amid rising operational costs, drive

The National Company Law Appellate Tribunal (NCLAT) has set aside insolvency proceedings against Ligare Aviation Ltd, holding that the NCLT erred in admitting the plea filed by Religare Enterprises without properly examining the nature of the underlying transactions, which was "only round tripping of money" and not "any genuine financial transaction". In a strongly worded order, the appellate tribunal said the material on record "clearly proves" that there was no financial debt disbursed by the financial creditor (Religare Enterprises) to the corporate debtor (Ligare Aviation) for consideration of the time value of money, a key requirement under the Insolvency and Bankruptcy Code (IBC). Allowing appeals filed by Daiichi Sankyo Company, a Japanese global pharmaceutical company and a shareholder, NCLAT observed that the transactions in question were merely a "round tripping of money/layering of money" undertaken for "some undisclosed fraudulent purposes" and did not create any financia

Chief Financial Officer Shane Tackett said fuel markets had become less volatile in recent weeks, but prices were still moving by about 5% over a couple of days

Government says energy supplies, aviation services and maritime operations remain stable as evacuation efforts continue and Gulf connectivity gradually improves

The one-time fund will help airlines manage sharp aviation fuel price swings amid the West Asia conflict, while supporting air connectivity and limiting fare increases for passengers

Air India said it has temporarily rationalised domestic flight frequencies between June and August due to high fuel prices linked to the ongoing West Asia conflict

Protest by AI Airport Services Limited staff at Mumbai airport disrupted Air India and Air India Express operations before work resumed

GE Aerospace will make a fresh investment of Rs 100 crore in its Pune manufacturing facility to support infrastructure enhancements and other works as the company strengthens its footprint in India. In three years, the aerospace major's investments in the facility, which makes critical components for commercial aircraft engines, total Rs 510 crore. Announcing the Rs 100 crore investment, GE Aerospace on Monday said the funds will support new welding technologies, advanced inspection equipment, precision tools, gauges, fixtures and additional infrastructure enhancements designed to increase production capacity, enhance process precision, and support the delivery of high-quality components for customers worldwide. The Pune facility has more than 300 suppliers locally across a broader network of over 2,200 GE Aerospace suppliers in India. "This latest investment builds on the Rs 410 crore announced over the last two years, bringing GE Aerospace's total investment in the Pune facility

All four crew members ejected safely after two Navy jets collided and crashed Sunday during an air show at the Mountain Home Air Force Base in western Idaho, officials said. The collision involved two US Navy EA18-G Growlers from the Electronic Attack Squadron 129 in Whidbey Island, Washington, said Cmdr Amelia Umayam, spokesperson for Naval Air Forces, US Pacific Fleet. The aircraft were performing an aerial demonstration when the crash occurred, Umayam said in a statement. The four crew members from both jets safely ejected, and the crash was under investigation, she said. The crew members were in stable condition, base officials said. Nobody at the military base was hurt, said Kim Sykes, marketing director with Silver Wings of Idaho, which helped to plan the air show. "Everyone is safe, and I think that's the most important thing," Sykes said. Planes fell to the ground together ----------------------------------- The base said in a social media post that it was locked down .

Air India has suspended six international routes and cut services amid airspace restrictions and soaring jet fuel costs

New aluminium-based hybrid nanocomposite could improve durability of aircraft landing gear, cut maintenance costs, and enhance fuel efficiency across aviation and defence applications

Airports serving Washington, D.C., Baltimore and some cities in Virginia briefly halted all flights Friday evening because of what federal authorities said was a strong chemical smell at the flight centre that controls traffic into the airports. According to a spokesperson with the Department of Transportation, the Federal Aviation Administration temporarily stopped traffic at at Ronald Reagan Washington National Airport, Washington Dulles International Airport, Baltimore-Washington International Airport, CharlottesvilleAlbemarle Airport and Richmond International Airport because of a the chemical odor at the Potomac TRACON. The TRACON is a terminal radar approach control facility that manages air traffic for those regions, according to the FAA website. FAA spokeswoman Kristen Alsop said Friday that controllers were coming back to work and normal flight operations should return to normal soon. It was the second time this month that airports in the region have had to halt flights ..

Pilots' grouping ALPA India on Friday urged the civil aviation ministry and regulator DGCA to suspend flight operations into high-risk conflict zones till a centralised risk assessment is carried out amid the escalating West Asia crisis. Stressing the need for having war-risk insurance, it also said the watchdog should mandate immediate disclosure and verification of valid insurance coverage, including war-risk clauses, for all crew operating into or near conflict zones. The Middle East conflict involving the US, Israel and Iran has significantly disrupted flight operations, and airlines have curtailed their services. In a letter to DGCA, Airline Pilots' Association of India (ALPA India) said commercial airlines do not possess the requisite intelligence, surveillance capabilities, or geopolitical risk assessment infrastructure necessary to adequately evaluate threats in active conflict environments. The Directorate General of Civil Aviation (DGCA) should immediately review and ...

Air India's A350 aircraft enroute to London Heathrow returned to the national capital due to a technical issue on Thursday afternoon after being airborne for nearly seven hours. The same A350-900 aircraft VT-JRF had faced a technical issue on March 15, following which the plane operating the flight from New York to Delhi was diverted to the Irish town of Shannon, sources said. An Air India spokesperson said its flight AI111, operating from Delhi to London on Thursday, made a precautionary air-return to the national capital following a suspected technical issue. "The aircraft landed safely and consistent with Air India's high safety standards, it is currently subject to extensive technical evaluations, which will require additional time to complete," the spokesperson said in a statement. According to the sources, noises were heard in the aircraft following which it was diverted. The spokesperson also regretted the inconvenience caused to the passengers due to the unforeseen situat