Page 44 - Deepak Patel

Air India starts programme to boost pilots' mental health: CEO Wilson

DGCA had in February asked airlines to institute such a programme for pilots, cabin crew members and air traffic controllers

Festival season gains momentum, leads to surge in airfares, hotel tariffs

Travel firms have also noticed a shift in the Visiting Friends and Relatives (VFR) trend usually seen during festivals

Auto deals jump 858% in Q2FY24 on back of 16 deals worth $939 million

This substantial growth was primarily fuelled by five high-value deals, each surpassing $100 million

MSIL to issue shares worth Rs 12,841 cr to acquire Gujarat plant from SMC

Share issue will raise Suzuki Motor Corporation's ownership in Maruti Suzuki India to 58.19%

Two-wheeler exports fell by 20% to 1.69 mn units in H1 of FY24: Siam

The Russia-Ukraine war, which started in February 2022, has brought significant instability to global fuel prices

Impact of Israel-Gaza conflict on auto industry negligible, says Siam

Israel is currently preparing its forces along its border with Gaza for a possible ground operation

IndiGo co-founder Rakesh Gangwal may buy stake in SpiceJet? Shares soar

The airline is currently operating about 1,483 flights per week, which is 17.5 per cent lower than in the same month last year, according to aviation analytics firm Cirium

No plans to phase out diesel vehicles: BMW India president Vikram Pawah

The company currently has an order book of about 2,000 cars and 1,000 motorcycles

Air India to receive remaining 20 leased A320neo aircraft by August 2024

In September 2022, the Tata Group-led airline announced that it is leasing 21 A320neos and 4 A321neos to enhance its flight operations

Operation Ajay begins: First group of 230 Indians from Tel Aviv heads home

An Air India B-787 plane departed from Delhi airport at 5 pm for the mission. The airline is scheduled to operate a total of seven flights till October 18 under 'Operation Ajay'

Average daily domestic traffic increased by 1.65%, Oct upswing anticipated

Overall domestic demand remained high, with four out of six major carriers reporting load factors of over 90 per cent in September

Jindal Power submits expression of interest for insolvent Go First

Go First's resolution professional invited EoIs for the carrier's sale in July. Sources have confirmed that JPL has filed an EoI for Go First in the National Company Law Tribunal (NCLT)

On-time performance of all Indian carriers falls in September, shows data

An airline executive mentioned that key cities like Delhi and Mumbai experienced heavy rainfall on certain days in September, compelling the airlines to either cancel or postpone flights

Israel-Hamas conflict halts peak inbound travel season from Israel

According to the India Tourism Statistics 2022 data, inbound passenger traffic reached its peak in 2019, with India recording 73,137 arrivals from Israel

Maruti cranks up capital expenditure with Rs 1.25 trillion 8-year plan

MSIL operates with a total production capacity of 2.25 million units annually, with the Gujarat plant contributing about 750,000 units per annum to this figure

Fuel levy likely to pull in nearly Rs 100 crore per week for IndiGo

Other airlines also expected to follow suit

IBC regime was costing carriers additional $1.3 billion, says Centre

Time period during which airlines incurred these costs is unclear

Air Asia transfers first A320 plane to Air India Express, says Wilson

AirAsia India and Air India Express currently have 28 and 26 planes in their respective fleets

IndiGo introduces fuel charge up to Rs 1,000 to offset rising ATF prices

Other airlines may follow suit to offset ATF price rise

90% of our MRO expenses directed to foreign firms: IndiGo to MoCA

Reach out to aircraft equipment makers to set up MROs in India: IndiGo to govt