Page 45 - Deepak Patel

Corporate affairs ministry exempts aviation from IBC's moratorium clause

Section 14 of the IBC declares a moratorium on proceedings, transfer or disposal of any of the assets of the company from the date of commencement of its insolvency

Pilot exodus: Akasa stops flights on 8 routes, reduces service on 10 others

The airline's spokesperson said that the airline is poised to take delivery of additional aircraft from Boeing in the remainder of 2023-24

Two-wheeler sales of four major companies grow by 0.7% in September

This contrasts sharply with the passenger vehicle (PV) market, where automotive manufacturers are posting record sales numbers

Semiconductor chip crunch more or less resolved: Hyundai COO Tarun Garg

The company currently sells 13 models, including Creta, Exter and Venue, in India. He said that in 2022, only 18 per cent of the company's models had six airbags as standard

PM Gatishakti: 3 upcoming airports on fast track to get rail connectivity

Union Civil Aviation Minister Jyotiraditya Scindia and Railways Minister Ashwini Vaishnaw have been coordinating in recent months on these projects

Passenger vehicle sales race to new high, GST mop-up above Rs 1.6 trillion

UPI transactions, too, breached the 10 billion mark for a second consecutive month, but the 10.56 billion count was slightly lower than in August

Air India to induct first A350 aircraft in December: CEO Campbell Wilson

Air India has acquired this A350 aircraft through a lease transaction between its subsidiary AI Fleet Services Limited (AIFS), based in GIFT City, and the British bank HSBC

British luxury carmaker Aston Martin to open new dealerships in India

Aston Martin currently sells about 10-15 cars per year in India through its official dealer Select Cars

Air India to roll out new uniforms for frontline employees by December

The Tata Group took charge of Air India in January last year. Currently, the conglomerate is in the process of merging Vistara into Air India

DXN to be airport code for Noida airport under construction in Jewar

Airport codes are unique identifiers assigned by the International Air Transport Association (IATA), which represents about 300 airlines globally

Air India crafts action plan to resolve spectrum of pilot concerns

In light of pilots identifying errors in flight plans, the airline will randomly scrutinise five per cent of dispatched flight plans for enhanced oversight

DGCA fills 27% of newly created positions amid expansion of airlines: MoCA

The expansion comes in response to the rapidly growing fleets of airlines such as IndiGo and Air India

Won't be difficult for firms to fully give up diesel vehicles: R C Bhargava

Mahindra & Mahindra, Hyundai, Tata Motors, Toyota Kirloskar and Kia are major players in the diesel car market. Maruti stopped producing diesel-run cars in the financial year 2019-20

IndiGo should be compared with global carriers, not domestic: CEO Elbers

Outlook should be broader and ask why Indian carriers have a small share in international routes, he says

Global aviation leasing body downgrades India in light of Go First case

With AWG's downgrade, it is probable that lessors will increase the aircraft leasing rates for Indian carriers

Air passenger traffic between India-Canada reduced by 9% in H1 2023

As a result of these airspace restrictions, Air Canada made strategic adjustments to its services

32% rise in airport staff drunk on duty in the first half of 2023: DGCA

In the first half of 2022, 143 people working at 50 airports in India failed the alcohol tests

Air India must uplift safety culture to highest levels: CEO Campbell Wilson

The requirements and expectations with respect to safety are clear, and training and advice are readily available, he mentioned

DGCA suspends Air India's chief of flight safety, alleges lapses

Regulator takes action against Rajeev Gupta after two major safety violations at the airline in the last couple of months

Akasa's future: CEO Dube seeks to douse fire lit by lawyers' closure claims

Airline gets nod to fly internationally; eyes South, SE, West Asian destinations