Page 5 - Aviation Indigo

Bet on these stocks to mint money on your friend's big fat Indian wedding

An average Indian couple spends around 2x on weddings versus education (pre-primary to graduation), according to the Jefferies note, which is in sharp contrast to countries such as the United States

Post-pandemic travel boom to sustain high airfares, says new AirAsia boss

The global aviation industry has been transformed as the post-pandemic reopening unleashed a wave of pent-up travel demand that's sent ticket prices surging faster than inflation

IndiGo flight from Chennai to Mumbai receives bomb threat; lands safely

IndiGo, in its statement, said that all the passengers were safely disembarked from the aeroplane

Boeing's CEO to face questions about plane safety from US senators

US lawmakers are expected to press Boeing's chief executive on Tuesday about the company's latest plan to fix its manufacturing problems, and relatives of people who died in two crashes of Boeing 737 Max jetliners plan to be in the room, watching him. CEO David Calhoun is scheduled to appear before the Senate investigations subcommittee, which is chaired by Sen. Richard Blumenthal, D-Conn., a Boeing critic. The hearing will mark the first appearance before Congress by Calhoun or any other high-ranking Boeing official since a panel blew out of a 737 Max during an Alaska Airlines flight in January. No one was seriously injured in the incident, but it raised fresh concerns about the company's best-selling commercial aircraft. The National Transportation Safety Board and the Federal Aviation Administration are conducting separate investigations. From the beginning, we took responsibility and cooperated transparently with the NTSB and the FAA, Calhoun said in remarks prepared for the

Passenger plane lands safely in New Zealand after fire shuts down engine

A passenger plane landed safely at a New Zealand airport on Monday after a fire shut down one of its engines, the nation's fire service said. The Virgin Australia Boeing 737-800 jet bound for Melbourne, Australia, landed in the New Zealand city of Invercargill after the fire forced a diversion. Fire trucks met the plane as it arrived in Invercargill about 50 minutes after takeoff from Queenstown, said Lynn Crosson, shift supervisor for Fire and Emergency New Zealand. The cause of the engine fire and the number of passengers on board the plane were not immediately known, Queenstown Airport spokesperson Catherine Nind said. Virgin Australia said in an emailed statement that the incident may have been caused by a possible bird strike. Queenstown, with a population of 53,000, is popular tourist destination on New Zealand's South Island, famous for skiing, adventure tourism and alpine vistas.

India aviation industry losses to widen to $400-600 mn in FY25: CAPA India

Despite infrastructure limitations, India is currently the world's fastest-growing aviation market with demand surpassing the supply of jets

IndiGo derosters 6 crew members over Delhi-Varanasi flight bomb scare event

IndiGo has derostered two pilots and four cabin crew members of the Delhi-Varanasi flight that saw 176 passengers being evacuated after a bomb threat earlier this week, according to sources. On May 28, following the bomb threat, which later turned out to be hoax, all the passengers were evacuated through emergency slides from the aircraft at the Delhi airport. In a video clip of the evacuation that went viral on social media, a pilot was seen coming out of the aircraft through the emergency slide with a baggage. Under international norms, passengers and crew are not permitted to take their baggage at the time of evacuation as that will increase the time for evacuation. The wet-leased aircraft was to operate the flight from the national capital to Varanasi on the morning of Tuesday (May 28). One of the sources said the two pilots, who were from the lessor company, four IndiGo cabin crew members have been derostered. Generally, under the wet lease arrangement, crew, insurance and ot

Simaero to invest $100 million over five years to train 5,000 pilots

Last month, IndiGo placed an order with Airbus for 30 A350-900 widebody aircraft at a deal size estimated to be between $4-5 billion

IndiGo summer sale ends tomorrow: Discounted fares start at Rs 1,199

Discounted fares start from Rs 1,199 for domestic flights and Rs 4,499 for international journeys. Sale ends May 31st, travel July-September.

Bomb threat on Varanasi-bound Indigo flight at Delhi airport turns out hoax

The officials said the threat was found written on a piece of paper in a lavatory by the pilot when the Indigo 6E2211 flight was preparing to leave

Cyclone Remal: Flights resume at Kolkata airport after 21 hrs of suspension

Flights services from the Kolkata airport resumed on Tuesday after remaining suspended for 21 hours in view of the cyclone Remal, an official said on Monday. The first plane to depart on Monday was IndiGo's Kolkata-Port Blair flight at 8.59 am, while the first one to land in Kolkata was SpiceJet's flight from Guwahati. It landed at 09.50 am, an Airports Authority of India (AAI) top official said. Check-in was on for some other flights, the official said. The last flight to depart from Kolkata airport on Sunday was at 12.16 pm. Though the process of resuming flight operations has begun, it will take some more time for the situation to become normal, sources at the airport said. The cyclone which made landfall around midnight on Sunday brought heavy rain in the southern part of West Bengal, including Kolkata. The authorities of Kolkata airport have decided to suspend flight operations for 21 hours from Sunday noon in view of the possible impact of cyclone Remal. The precautionary

Air India's Mumbai-San Francisco flight delayed by 5 hours; rescheduled

Passengers of a San Francisco-bound Air India flight from the city had a tough time on Friday as they had to wait inside the aircraft for more than five hours. The flight was later rescheduled for Saturday. An airline official said the Boeing 777 plane, which was scheduled to take off at 1600 hours, was first delayed due to a technical glitch, then some passengers deboarded and subsequently, another passenger fell ill. After deboarding the passenger who started feeling unwell at around 1917 hours, it was noticed that by the time the flight AI 179 would have reached San Francisco, there would be night-landing restrictions and also, the crew would have crossed the flight-duty limitations. The official said the flight has been rescheduled for Saturday and would take off at 1030 hours. The number of passengers onboard the aircraft could not be immediately ascertained. According to the official, AI 179 from Mumbai to San Francisco, scheduled to depart at 1600 hours, was delayed due to

Boeing, Singapore mishaps spur surge in web searches on flight safety

A spate of high-profile airline accidents this year have left a lasting impression on the public

Stock market guide for May 23: Nifty F&O expiry, Nvidia, ITC, IndiGo Q4

All you need to know before the market opens on Thursday: Gift Nifty hints tepid start; IT stocks likely to be in focus post Nvidia earnings; ITC, IndiGo also to report March quarter results today.

Boeing whistleblower suicide: Police conclude investigation in case

A former Boeing manager who raised safety questions about the aircraft maker and was found dead after several days of depositions in South Carolina took his own life, police said on Friday after concluding their investigation. John Barnett, 62, of Louisiana, was found dead March 9, and police had said earlier that his injuries were self-inflicted. Barnett was a longtime Boeing employee and worked as a quality-control manager before he retired in 2017. In the years after that, he shared his concerns with journalists. Barnett said he saw discarded metal shavings near wiring for the flight controls that could have cut the wiring and caused a catastrophe. He also noted problems with up to a quarter of the oxygen systems on Boeing's 787 planes. Information and records reviewed during the investigation uncovered Mr Barnett's longstanding mental health challenges, which had intensified in connection with ongoing legal proceedings related to his whistleblower case, police said in a ...

IndiGo, Lupin, DCM Shriram and Gujarat Gas among six stocks to watch today

Stocks to Watch on May 7: Lupin Limited posted a 52 per cent year-on-year (Y-o-Y) surge in its consolidated net profit, reaching Rs 359.43 crore

Go First's lenders consider liquidation after court order on planes

Go First's resolution professional did not immediately respond to a Reuters' email seeking comment

India's widebody aircraft fleet has remained stagnant for last 15 years

This has allowed foreign carriers grow in the country's market

IndiGo hits record high on placing $5 bn order for 30 wide-body aircraft

The boost came after the company's announcement of venturing into the wide-body space with an order placement for 30 Firm A350-900 aircraft

IndiGo places $5 billion order for 30 A350-900 widebody aircraft

To mark foray into long-haul routes, taking the fight to A-I, foreign carriers