Page 40 - Aviation News

Riyadh Air plans to expand, eyes partnership with Air India and IndiGo

Riyadh Air is set to begin operations with a fleet of 60 Airbus A321neos and 72 Boeing 787-9 Dreamliners, and aims to connect Saudi Arabia to over 100 international destinations by 2030

From food to flight: Zomato's Deepinder Goyal bets $20M on aviation startup

Aviation startup LAT Aerospace will be developing low-cost 'short takeoff and landing' aircraft with up to 24 seats, and will focus on improving regional air connectivity

India will need 30,000 pilots in 15-20 years, says aviation minister

Indian airlines have placed orders for more than 1,700 aircraft and currently, there are over 800 planes, Naidu said

AI Express adds 100th plane in fleet; aims at 500 daily flights by Mar-end

The airline said that it will be operating over 500 daily flights by the end of this month across a fast-expanding network of 54 destinations across India, the West Asia and Southeast Asia

Govt to set up SPV for making aircraft in India: Civil aviation minister

Minister Naidu also highlighted the steps taken by the government to promote aircraft component manufacturing and MRO (Maintenance, Repair and Overhaul) activities

Mumbai's super-rich just got their own airport terminal. Details here

Mumbai's elite, including billionaires, Bollywood stars, and top politicians, will get an exclusive VVIP terminal at Navi Mumbai Airport, set to be completed by 2030

IBS Software to explore more biz opportunities in India's airline industry

According to Mathews, the key trends in the industry are best-in-class technology systems, travel commerce and supercharged customer relationships

IndiGo Airlines world's second fastest-growing airline in seat capacity

At 10.1% growth in 2024, it is only behind Qatar Airways, which grew 10.4%: OAG

OMCs, paint, aviation stocks gain as Brent crude oil slips below $70/bbl

At close, Hindustan Petroleum Corporation (HPCL) was up 3.66 per cent, Bharat Petroleum Corporation (BPCL) was up 3.6 per cent and Indian Oil Corporation (IOC) was up 2.4 per cent

SpiceJet shares fly 6% after Plutus Wealth buys 9 mn shares via bulk deal

As per BSE bulk deal data, Plutus Wealth Management LLP bought 9 million shares at Rs 46 per share of SpiceJet

Adani's new $2.1 billion Navi Mumbai airport draws low-cost carriers

Tata Group's low-cost carrier Air India Express and smaller rivals SpiceJet and Akasa are also in discussions to eventually relocate all of their operations

Delhi HC strikes down tax on repair cost of re-imported plane parts

The court declared as unconstitutional a part of the 2021 customs department exemption notification that required payment of Integrated Goods and Services Tax (IGST)

Qatar Airways to place large wide-body aircraft order soon, says CCO

He added the contract would be announced next month, declining to say whether it will be signed with Airbus, Boeing

The ePlane Company, ETAC join forces to give wing to flying taxis

This partnership goes beyond just developing aircraft - it aims to build an entire ecosystem

Pvt firms, DRDO and DPSUs must work together to strengthen IAF: MoD report

IAF's active squadrons have fallen to 31 against the authorised 42, with an ageing fleet and delayed inductions exacerbating the issue

Stocks to Watch, Feb 27: SBI, Airtel, UltraTech, Nuvama, SpiceJet, IndiGo

Stocks to watch today: SBI has reached a housing loan book of Rs 8 trillion and aims to grow its mortgage book to Rs 10 trillion by March 2027, according to its Chairman, C S Setty

Aerospace revenue to double in five years: Godrej's Maneck Behramkamdin

Godrej Enterprises Group's aerospace division has evolved from making ISRO rocket components to becoming a key player in India's push for self-reliance in military aircraft engines

Inspection done, Navi Mumbai airport likely to be inaugurated on April 17

Previously, the airport had encountered some setbacks. During a commercial flight test on December 29, an IndiGo A320 aircraft landed on runway, prompting the DGCA to highlight certain readiness