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Page 11 - Aviation Industry

Boeing sees positive week as it tries to emerge from difficult era

Boeing has secured a pair of major orders in the Middle East during a visit to the region by President Donald Trump. The American aerospace manufacturer confirmed a USD 96 billion order from Qatar, one day after announcing an order from a company in Saudi Arabia for 20 737-8 jets and options for 10 additional aircraft. The Qatar deal, which includes Boeing's 787 and 777X jets, is the biggest order for 787s and wide body jets in Boeing's history, the company confirmed. That's pretty good, Trump said in announcing the order. Get those planes out there. It has been a particularly good week for Boeing. According to several media reports, China lifted a ban on its airlines taking deliveries of Boeing planes earlier this week as part of Monday's trade truce with the US. Boeing had already been in the news for its planes in the Middle East, but for different reasons. Donald Trump said he would accept a luxury Boeing 747-8 jumbo jet as a gift from the ruling family of Qatar, setting off

Boeing sees positive week as it tries to emerge from difficult era
Updated On : 15 May 2025 | 6:56 AM IST

DigiYatra: A shining example of India's innovative DPI model in air travel

The national digital traveller identity platform shows how innovations with thoughtful design can drive systemic change

DigiYatra: A shining example of India's innovative DPI model in air travel
Updated On : 13 May 2025 | 11:36 PM IST

Russia responsible for downing MH17 in 2014, global aviation body finds

The Council of the International Civil Aviation Organisation on Tuesday found Russia responsible for shooting down Malaysia Airlines Flight 17 over Ukraine with the loss of 298 lives more than a decade ago, in a ruling that raises the prospect of victims' families being paid compensation. A Dutch-led international investigation concluded in 2016 that the Amsterdam-to-Kuala Lumpur airliner was shot down on July 17, 2014 from Ukrainian territory held by separatist rebels using a Buk missile system delivered from Russia. Moscow denies any involvement in the MH17 tragedy. The Netherlands and Australian governments brought the case against Moscow before the Montreal-based global aviation agency in 2022, and on Tuesday welcomed the verdict. The International Court of Justice wasn't an option, because Russia doesn't recognise The Hague, Netherlands-based court's jurisdiction. Council finds that Russia violated the Chicago Convention The council found that Russia had violated the Convent

Russia responsible for downing MH17 in 2014, global aviation body finds
Updated On : 13 May 2025 | 3:03 PM IST

'Class divide' in skies: Aera hikes Mumbai airport user development fee

AERA permits Mumbai airport to charge Rs 695 UDF from departing international business class passengers and Rs 615 from economy class starting May 16

'Class divide' in skies: Aera hikes Mumbai airport user development fee
Updated On : 08 May 2025 | 10:46 PM IST

Indo-Pak tension: War risk premium in marine, aviation sector may inch up

Marine and aviation insurance premiums may rise if India-Pakistan tensions escalate, with reinsurers likely to revise exclusions and reassess cyber risk exposure

Indo-Pak tension: War risk premium in marine, aviation sector may inch up
Updated On : 07 May 2025 | 10:09 PM IST

Air India faces $600 mn hit from Pak airspace ban, seeks govt support

The airline has written to the civil aviation ministry, asking for a 'subsidy model' to cover increased fuel and crew expenses because of longer flight times and delays due to the airspace ban

Air India faces $600 mn hit from Pak airspace ban, seeks govt support
Updated On : 01 May 2025 | 9:52 PM IST

More than 50% of the Air India fleet now offers upgraded cabins

Air India aims to complete retrofitting all 27 of its A320neo aircraft by the third quarter of this year, with the first upgraded jet already back in service

More than 50% of the Air India fleet now offers upgraded cabins
Updated On : 30 Apr 2025 | 6:27 PM IST

GE Aerospace CEO Culp advocates tariff-free regime for aviation industry

Trump's trade war has created the biggest uncertainty for the aerospace industry since the COVID pandemic. It has also led to a breakdown in the industry's decades-old duty-free status

GE Aerospace CEO Culp advocates tariff-free regime for aviation industry
Updated On : 22 Apr 2025 | 9:26 PM IST

Trump tariffs, competition to push Boeing, Airbus jet prices even higher

Experts described the official prices as "a complete work of fiction", noting significant discounts based on contract specifics, according to media reports

Trump tariffs, competition to push Boeing, Airbus jet prices even higher
Updated On : 20 Apr 2025 | 12:26 PM IST

Akasa Air to expand fleet to 30, eyes Navi Mumbai and Jewar as key hubs

Started operation just less than three years ago, the airline's passenger traffic more than doubled over the past year

Akasa Air to expand fleet to 30, eyes Navi Mumbai and Jewar as key hubs
Updated On : 11 Apr 2025 | 12:21 PM IST

ICRA expects 18-20% growth for airport operators in FY26 on higher traffic

Indian airport operators are expected to see an 18-20 per cent topline year-on-year growth in this fiscal, driven by a sustained improvement in passenger traffic and tariff hike as well as ramp-up in non-aeronautical revenues, ratings agency ICRA said on Thursday. At the same time, ICRA estimates overall air passenger traffic growing at a healthy 7-9 per cent Y-o-Y to reach at 440-450 million in FY26, on the back of an around 10 per cent estimated increase in the just concluded financial year, it said. The overall passenger traffic (domestic and international) is estimated at 412-415 million in FY25, as per ICRA. The ratings agency said its estimation is based on a sample set of airports, including those managed and operated by the Airports Authority of India (AAI), as well as Delhi, Bangalore, Hyderabad and Cochin International Airports, which operate under the public-private partnership (PPP) model. Also, given the capacity bottleneck faced by a few airports, the sector will ...

ICRA expects 18-20% growth for airport operators in FY26 on higher traffic
Updated On : 10 Apr 2025 | 2:45 PM IST

Man urinates on senior corporate exec on Bangkok-bound Air India flight

Air India confirmed the incident in a statement but did not disclose the identities of either the accused or the victim

Man urinates on senior corporate exec on Bangkok-bound Air India flight
Updated On : 09 Apr 2025 | 9:55 PM IST

Parliament clears landmark aviation bill to support aircraft lessors

The issue has been in focus since 2023 when lessors like SMBC Aviation couldn't repossess aircraft from India's Go First after it filed for bankruptcy

Parliament clears landmark aviation bill to support aircraft lessors
Updated On : 03 Apr 2025 | 10:10 PM IST

Aviation industry falling behind on net zero target, warns IATA chief

Walsh criticised fuel companies as the "cause of the problem", saying they had ignored their own SAF supply promises

Aviation industry falling behind on net zero target, warns IATA chief
Updated On : 02 Apr 2025 | 9:49 PM IST

New bill to boost aircraft leasing, strengthen banking: Union minister

Civil Aviation Minister K Rammohan Naidu on Tuesday said the Protection of Interests in Aircraft Objects Bill, 2025, will boost the Indian aircraft leasing industry and strengthen the country's banking ecosystem as it will address the inconsistencies in the leasing regulations. Soon after the Rajya Sabha passed the bill, the minister also said the push for the aircraft leasing industry was the need of the hour. The proposed legislation seeks to provide legal backing for the Cape Town Convention that mainly pertains to the leasing of aircraft. In a post on X, the minister said that for too long, inconsistencies in leasing regulations have made it difficult to lease planes in India. The bill will "boost the Indian leasing industry, incentivise domestic lessors, and strengthen our banking ecosystem -- ensuring a more accessible and comfortable aviation landscape. This push for the leasing industry was the need of the hour...," he said. India is one of the world's fastest-growing civi

New bill to boost aircraft leasing, strengthen banking: Union minister
Updated On : 01 Apr 2025 | 7:09 PM IST

India's air passenger traffic to see 7% growth in 2025: Alton Aviation

India's air passenger traffic is expected to grow at a strong pace of 7 per cent in 2025, supported by a growing middle class and increasing air travel affordability, according to Joshua Ng, Director of US-headquartered Alton Aviation Consultancy. Bullish on aviation prospects in India, Ng said the country, which contributes approximately 10 per cent of Asia Pacific's domestic and international air traffic demand, has already returned to pre-pandemic levels. "Such growing demand in turn supports India's massive aviation development programmes including setting up of 150 airports across the country," Ng told PTI on Friday. He further noted that "India's passenger traffic is expected to grow at a strong pace of 7 per cent in 2025, supported by an order book of nearly 1,900 aircraft among airlines based in the country." Besides, "the recent merger between Air India and Vistara is also expected to bring more stability to the industry, with Air India and IndiGo emerging as the two prima

India's air passenger traffic to see 7% growth in 2025: Alton Aviation
Updated On : 21 Mar 2025 | 1:39 PM IST

Inside Akasa Air's struggles with Boeing delivery delays and idle pilots

The Mumbai-based low-cost airline, Akasa Air, which started operations about three years ago, has a fleet of 27 planes, but has 226 jets - all Boeing 737 MAXs - on order

Inside Akasa Air's struggles with Boeing delivery delays and idle pilots
Updated On : 20 Mar 2025 | 11:36 AM IST

DGCA, IIT audit findings put Terminal 2 on the repair runway: DIAL

Delhi Airport has three terminals: T1 with a capacity of 40 million passengers per year, T2 with 15 million, and Terminal 3 (T3) with 45 million

DGCA, IIT audit findings put Terminal 2 on the repair runway: DIAL
Updated On : 14 Mar 2025 | 12:09 AM IST

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

IndiGo Airlines world's second fastest-growing airline in seat capacity
Updated On : 06 Mar 2025 | 11:08 PM IST

Airbus expects jet deliveries to increase 7% to around 820 in 2025

Guillaume Faury, the CEO of Airbus said he would be happy if space merger talks with Thales and Leonardo led to a venture like the MBDA European missile project

Airbus expects jet deliveries to increase 7% to around 820 in 2025
Updated On : 21 Feb 2025 | 12:00 AM IST