Page 5 - Aircraft

Aircraft bird hit incidents increase by 62% in H1 of 2023, says DGCA

In February, Civil Aviation Minister Jyotiraditya Scindia had said that all measures have been taken to address the issue of bird hits

SC rejects Go First plea against Delhi HC nod to lessors to access planes

On August 3, the airline had moved to Supreme Court against the Delhi HC's order to allow lessors to inspect the aircraft

Akasa Air adds 20th aircraft to its fleet; now eligible for int'l ops

Akasa Air on Tuesday said it has added the 20th aircraft to its fleet that also makes the airline eligible to start international operations. The carrier, which will complete one year of operations on August 7, has also become the first airline in Asia to have the Boeing 737-8-200 variant. According to a release, the Boeing 737-8-200 aircraft aligns with Akasa Air's continued efforts to control operating costs. Indian regulations require airlines to have at least 20 aircraft in their fleet to become eligible for international operations. The airline has added an aircraft to its fleet after four months. "Going from zero to 20 aircraft within 12 months is not just an Akasa record but a record that encapsulates the potential of the country," Vinay Dube, Founder and Chief Executive Officer of Akasa Air, said. Dube also said the airline has recorded the highest on-time performance for several consecutive months in 2023. The B737-8-200 aircraft was delivered to the airline at the Boei

Expect sales to rise 25% in FY24 to nearly Rs 1,200 crore, says Aequs

The company supplies components for landing gear, engines, fuselage, and wings to top aerospace companies such as Airbus, Boeing, Safran, and Collins Aerospace

Air India's wide-body fleet to increase by 30% by March 2024: CEO & MD

Airline to add six new A350 aircraft, five leased B777-200LR planes and nine B777-300ER aircraft this fiscal year

IAF Command develops satellite-based real time aircraft tracking system

The Indian Air Force's Maintenance Command has developed a satellite-based real time aircraft tracking system that can get information about the location of an aircraft, a senior official said here on Thursday. Talking to reporters, Air Marshal Vibhas Pande, Air Officer Commanding in Chief (AOC-in-C), Maintenance Command located here, said the aircraft tracking system would be implemented once the final trial pending in the eastern sector gets over. "One of the Base Repair Depots (BRD) under the aegis of Air Force's Maintenance Command has indigenously developed a real time aircraft tracking system, wherein the Air Force can get the update on the location of a flying aircraft every 30 seconds," he said. The tracking system is satellite-based and can track the path of an aircraft, Air Marshal Pande said. The final trial of the aircraft tracking system is pending in the eastern sector and once it is completed then modification will be implemented in all the aircraft, he said. "Trial

Aircraft makes emergency landing at HAL airport in Bengaluru after glitch

The aircraft safely landed with the nose gear in Up position. At the time of incident, there were two pilots and no passengers were on board the aircraft, they said

The Cape Town Convention Bill: What is it, and why is India introducing it?

The Cape Town Convention is a global treaty to increase financing and leasing of aircraft by reducing lessor's risk; India plans to introduce the Bill in the monsoon session of Parliament this year

New bill could give aircraft leasing firms more power to repossess planes

The Cape Town Convention Bill will make it compulsory for the resolution professional to return the aircraft to the lessor within two months from the beginning of the bankruptcy process

India to resolve disparity in global aircraft leasing rules, national laws

A resolution could help lessors to Go First airline reclaim their planes and fly them out of the country after the carrier filed for bankruptcy protection in May

Air India relief flight carrying engineers to leave for Russia in afternoon

A source said it has taken longer to secure all overflying and landing clearances for the relief flight

Airbus nears 500 narrow-body jet order from IndiGo Airline: Report

IndiGo Chief Executive Pieter Elbers, attending the annual meeting of the International Air Transport Association in Istanbul, declined to comment on commercial matters

Civil aviation ministry comes with draft aircraft bill to simplify rules

The civil aviation ministry has come out with a draft bill for putting in place a simplified approach for regulations pertaining to the aviation sector. The Draft Aircraft Bill, 2023, has been prepared after reviewing the existing Aircraft Act, 1934. As per the preamble of the Draft Aircraft Bill, 2023, it aims to have an Act to make better provisions for regulation and control of the design, manufacture, possession, use, operation, sale, import and export of aircraft and for connected matters. The bill has been issued by the ministry for public consultations for a period of 30 days, according to a communication dated May 30. "The existing Aircraft Act, 1934 has been reviewed and accordingly a bill providing for regulating provisions in a simplified manner, identifying existing redundancies and to provide for provisions to meet the current needs for regulation of civil aviation in a simplified language...," the ministry said. According to the preamble, it is expedient to make bett

CBI files case against defence firm Rolls-Royce in alleged corruption case

The CBI said that the case is related to alleged corruption by public servants in the procurement of 24 Hawk 115 Advance Jet Trainer Aircraft

Go First's suspended board files caveats before SC against aircraft lessors

The suspended board of Go First on Tuesday filed caveats before the Supreme Court against four aircraft lessors of the crisis-hit airline. Four caveats have been filed by Varun Berry, the Chairman of the suspended board of Go First through his counsel advocate Pranjal Kishore, as per the information available on the website of the Supreme Court of India. The lessors are - SMBC Aviation Capital Ltd, GY Aviation, SFV Aircraft Holdings and Engine Leasing Finance BV (ELFC) - owning around 22 aeroplanes. The caveat has been filed against the order passed by the National Company Law Appellate Tribunal on Monday, which upheld the order passed by the Delhi bench of the NCLT on May 10. The Principal Bench of the National Company Law Tribunal (NCLT) admitted the plea of Go First to initiate voluntary insolvency resolution proceedings. It appointed an interim resolution professional (IRP) to suspend the company's board. A Caveat application is filed by a litigant to ensure that no order is .

EasyJet has sufficient planes on order for growth targets, says CEO

Supply chain issues mean both plane manufacturers are struggling to deliver new jets on time, but the CEO said that as one of the world's largest A320 family customers, easyJet was well-placed

Go First: Aircraft lessor moves Delhi HC to take back its leased plane

As Go First undergoes insolvency resolution proceedings, an aircraft lessor moved the Delhi High Court seeking directions to the authorities to release the plane leased to the crisis-hit airline. Besides, two more aircraft lessors have moved the National Company Law Appellate Tribunal (NCLAT) opposing the airline's insolvency proceedings. Accipiter Invesments Aircraft 2 Ltd has filed a writ petition before the Delhi High Court against the Union government and others, according to a lawyer. It has requested the high court to direct DGCA to deregister its aircraft which is currently on lease with Go First. Besides, Accipiter Invesments Aircraft has moved the NCLAT. Another aircraft lessor Eos Aviation 12 (Ireland) Ltd has also filed a petition before the NCLAT against Go First. Both the petitions are listed before the appellate tribunal for Wednesday. With moratorium on financial obligations and transfer of assets of Go First in the wake of the insolvency resolution proceedings, les

Termination of aircraft leases would have no consequence: Go First

Termination of leases for aircraft by their lessors would not have any consequence as the moratorium has been imposed under insolvency resolution proceedings, Wadia group air carrier Go First on Friday argued before the National Company Law Appellate Tribunal (NCLAT). While aircraft lessors on the other side raised doubts over the revival of Go First through the corporate insolvency resolution process (CIRP), citing the amount required to make it fly again. Senior advocate Arun Kathpalia representing SMBC Aviation said the average lease rent of per aircraft is around USD 2 lakh for a month and with more than 50 aircraft the monthly bill would be USD 10 million. "Cost of this misadventure is enormous," he said. For SMBC Aviation only, Go First has to pay USD 4.2 million per month, which includes maintenance and lease. SMBC Aviation Capital Ltd submitted that they have legal possession of their aircraft before the insolvency process started and as of today, Go First has no right for

Go First crisis will not change Indian aviation's growth trajectory: Boeing

US aircraft maker Boeing on Friday said the crisis at Go First will not change the trajectory of the Indian civil aviation market in terms of growth and macro trends while legislative clarity on aircraft leasing aspects will provide more comfort to the lessors. India is the third largest as well as one of the fastest growing aviation markets in the world, and Indian carriers are expected to require more than 2,200 aircraft in the next 20 years. Against the backdrop of insolvency proceedings being initiated against cash-strapped Go First, Boeing India President Salil Gupte said it is "never a positive" when an airline runs into financial challenges because it takes a toll on the management, employees, all stakeholders and also puts a strain on the overall transport infrastructure. On whether the Go First crisis will have an impact on the bullish outlook for the country's aviation market, Gupte said he does not feel so and that growth will continue. "In generally, we don't feel that

Two more aircraft lessors move NCLAT against Go First's insolvency

Two more aircraft lessors -- GY Aviation and SFV Aircraft Holding -- on Thursday moved appellate tribunal NCLAT against the order passed by the NCLT allowing Go First's voluntary plea to initiate insolvency proceedings. SMBC Aviation Capital, which is one of the world's largest aircraft leasing companies, already moved NCLAT on Wednesday, hours after the Delhi-based Principal bench of the National Company Law Tribunal (NCLT) admitted Go First's plea to initiate the insolvency resolution process against the airline. Ireland-based GY Aviation is the largest lessor of Go First with 9 aircraft, while SFV Aircraft Holdings has leased out one aircraft to the Wadia group-owned company. SMBC Aviation Capital has 5 aircraft on lease with Go First. Now the total number of lessors before the National Company Law Appellate Tribunal (NCLAT) against Go First's insolvency has become three. The NCLAT on Thursday heard the petition of SMBC Aviation Capital. The matter was partly heard and a two-m