The company is preparing a 90-day plan to overhaul its quality and safety practices in response to the panel's findings
Boeing's latest recommendation comes as it responds to mounting scrutiny of its manufacturing and safety practices
The National Company Law Appellate Tribunal (NCLAT) has stayed insolvency proceedings against Captain GR Gopinath's Deccan Charters till April 26, 2024, its next date of hearing. Earlier, the Bengaluru bench of the National Company Law Tribunal (NCLT) had directed initiation of Corporate Insolvency Resolution Process (CIRP), admitting a plea of financial creditor Krone Finstock claiming a default of around Rs 10 crore. The Chennai bench of NCLAT on a petition filed by Sanjay Saihgal, a director of the suspended board of Deccan Charters, on Wednesday directed Krone Finstock to file a reply within four days. A three-member bench of the appellate tribunal also directed the interim resolution professional (IRP) not to proceed any further till the next date of hearing i.e. April 26, 2024. Deccan Charters provides services such as aircraft maintenance, aviation training and charter services of helicopter and fixed-wing aircraft. The NCLT had also appointed an IRP for the company, which
IndiGo has repeatedly toyed with the idea of introducing long-haul services to tap the growing pool of affluent Indians flying further afield to places such as the UK and Europe
Low-cost carrier SpiceJet has finalised lease agreements for 10 aircraft to ensure seamless travel during the upcoming summer season
The company's stock extended declines after the union announced its demands, falling as much as 2.2%
The court said it did not find anything wrong with NCLAT order and JKC could benefit from aircraft sale
Aircraft deliveries to domestic airlines are likely to be impacted amid the supply chain challenges being faced by aircraft and engine makers, a report said on Wednesday. In its report, credit rating agency Icra said Indian airlines have a total order book of around 1,700 aircraft, which is more than double the size of the current fleet. Supply chain challenges and engine failure issues remain the headwinds in the near term, Icra said in its mid-term outlook on the domestic aviation industry. "The deliveries, however, are likely to be gradual, spanning over the next decade, and will also be impacted by the current supply chain challenges encountered by engine and aircraft Original Equipment Manufacturers (OEMs)," it said. India is one of the fastest-growing civil aviation markets and domestic air traffic is on the rise. Airlines have also embarked on ambitious expansion plans to cater to the increasing travel demand. Since February last year, Akasa Air, Air India and IndiGo togeth
A trainer aircraft crashed while landing at the Guna airstrip in Madhya Pradesh on Wednesday evening, causing injuries to a woman pilot, police officials said. The incident, caused by a technical snag, took place at around 5 pm, they said. Guna Superintendent of Police (SP) Sanjeev Sinha confirmed the incident and said the plane, flying during a routine training exercise, was going to Sagar from Neemuch. The aircraft, which suffered a technical snag, skidded off the runway while making an emergency landing at the Guna airstrip, and veered into nearby bushes, Cantonment police station in-charge Chanchal Tiwari said. A woman trainee pilot flying the aircraft suffered injuries in the crash, Tiwari said.
The airport, which is a civil enclave in an Indian Air Force base with no parking space, is managing an estimated 400 charter flights between Friday and Monday
The contract for buying ship-borne BrahMos systems has also been signed with BrahMos Aerospace for Rs 988 crore
SpiceJet informs NCLT of near resolution in dispute with aircraft lessor Celestial Aviation requested an adjournment to finalise the settlement process
With no mayday call, no known flight path and no wreckage, MH370 remains modern aviation's biggest mystery
The two planes came dangerously close shortly after departing from Delhi airport
Aviation regulator issues circular after Jan 2 accident at Haneda Airport in Tokyo
The company's total expenses fell more than 2% to Rs 4,838 crore, as it gained from Rs 111 crore worth inventory-related changes
The deal is valued at around $4.5 billion and includes spare engines and a services contract
"I am angry. I'm more than frustrated and disappointed," he said. "My demand on Boeing is what are they going to do to improve their quality programs in-house?"
Boeing said in a statement that it "fully supports the FAA and our customers in this action."
Modi stressed the need to build an aircraft manufacturing ecosystem in India as he highlighted the potential of India's strong network of MSMEs, huge talent pool, and stable government in India