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Page 14 - Aviation Industry

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

Post-pandemic travel boom to sustain high airfares, says new AirAsia boss
Updated On : 24 Jun 2024 | 7:20 AM IST

Boeing expected to evade criminal charges for violating settlement: Report

The agreement included money to compensate victims' relatives and required Boeing to overhaul its compliance practices

Boeing expected to evade criminal charges for violating settlement: Report
Updated On : 21 Jun 2024 | 11:41 PM IST

DGCA revises regulations to boost seaplane operations under UDAN scheme

These collaborative efforts have ensured that the new regulations address key stakeholder concerns and pave the way for growth in this niche area

DGCA revises regulations to boost seaplane operations under UDAN scheme
Updated On : 20 Jun 2024 | 12:09 PM IST

EU Commission plan may exempt long-haul flights from new emissions rules

The EU is developing plans to require airlines to track and report their contribution to climate change from January 2025

EU Commission plan may exempt long-haul flights from new emissions rules
Updated On : 19 Jun 2024 | 2:49 PM IST

Boeing CEO Calhoun apologises to relatives of 737 Max crash victims

US lawmakers prepared to press Boeing's chief executive 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 were in the room to remind him of what was at stake. CEO David Calhoun appeared before the Senate investigations subcommittee, which is chaired by Sen. Richard Blumenthal, D-Conn., a Boeing critic. Blumenthal opened the hearing by recognising the relatives of the crash victims and the family of a Boeing whistleblower who died by suicide earlier this year. This hearing is a moment of reckoning, the senator said. "It's about a company, a once iconic company, that somehow lost its way." Calhoun's appearance before Congress was the first by a 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. Calho

Boeing CEO Calhoun apologises to relatives of 737 Max crash victims
Updated On : 19 Jun 2024 | 7:24 AM IST

Delhi Airport introduces self-baggage drop facility: Here's how it works

The quick drop facility eliminates the need for a boarding pass or any biometric verification, reducing processing time from one minute to just 30 seconds

Delhi Airport introduces self-baggage drop facility: Here's how it works
Updated On : 18 Jun 2024 | 3:38 PM IST

BPCL to invest Rs 1,400 cr to set up sustainable aviation fuel facilities

The company operates three refineries located in Mumbai, Kochi, and Bina (Madhya Pradesh), with collectively refining capacity of 35.3 million metric tonnes per annum

BPCL to invest Rs 1,400 cr to set up sustainable aviation fuel facilities
Updated On : 18 Jun 2024 | 2:09 PM IST

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

Boeing's CEO to face questions about plane safety from US senators
Updated On : 18 Jun 2024 | 11:06 AM IST

Air India faces scrutiny as passenger finds metal blade in his meal

The passenger claimed that Air India subsequently contacted him a few days later, proposing a complimentary business class journey to any destination worldwide

Air India faces scrutiny as passenger finds metal blade in his meal
Updated On : 17 Jun 2024 | 4:41 PM IST

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.

Passenger plane lands safely in New Zealand after fire shuts down engine
Updated On : 17 Jun 2024 | 2:16 PM IST

NCLT gives 4th extension of 60 days to Go First to complete insolvency

The National Company Law Tribunal (NCLT) has granted an extension of 60 days to the grounded air carrier Go First for completing the insolvency process. This is the fourth extension for Go First to complete the Corporate Insolvency Resolution Process (CIRP), which is struggling to find a buyer. Earlier, the insolvency tribunal had granted an extension of 60 days on April 8, which ended on June 3, 2024. Following this latest extension, the CIRP of GO First will come to an end on August 3, 2024. While granting the extension, the Delhi-based NCLT bench said: "This is the final extension". The two-member bench also came down heavily on the Resolution Professional for seeking an extension. Counsel appearing for the RP informed the tribunal that they were seeking this extension owing to an extraordinary situation post the Delhi High Court judgment asking DGCA to deregister all of its 54 aircraft. According to the RP, those who have shown interest in buying the airline have revised the

NCLT gives 4th extension of 60 days to Go First to complete insolvency
Updated On : 13 Jun 2024 | 1:01 PM IST

European people coming more via India than West Asia: SriLankan Airlines

SriLankan Airlines is currently operating about 80 flights per week between Colombo and 11 cities in India

European people coming more via India than West Asia: SriLankan Airlines
Updated On : 12 Jun 2024 | 11:11 PM IST

Boeing sales tumble as firm gets no orders for 737 Max for second month

Boeing received orders for only four new planes in May and for the second straight month, none for its best-selling 737 Max, as fallout continues from the blowout of a side panel on a Max during a flight in January. The results released Tuesday compared unfavourably with Europe's Airbus, which reported orders for 27 new planes in May. Boeing also saw Aerolineas Argentinas cancel an order for a single Max jet, bringing its net sales for the month to three. The dismal results followed poor figures for April, when Boeing reported seven sales none of them for the Max. Boeing hopes that the slow pace of orders reflects a lull in sales before next month's Farnborough International Airshow, where aircraft deals are often announced. But the Federal Aviation Administration is capping Boeing's production of 737s after a door plug blew out from an Alaska Airlines Max, allegations by whistleblowers that Boeing has taken shortcuts to produce planes more quickly, and reports of falsified ...

Boeing sales tumble as firm gets no orders for 737 Max for second month
Updated On : 12 Jun 2024 | 6:58 AM IST

Chargesheets to cabin crew can be detrimental: Air India Express Union

The Air India Express Employees Union (AIXEU) has termed the alleged issuance of charge-sheet by the airline's management to around 200-odd cabin crew members for reporting sick during last month's strike as unfortunate and unfair labour practice. In a letter to Air India Express chief Alok Singh on Sunday, the Union also warned the Tata Group-run airline's management that such actions could be detrimental to the interests of the company and its passengers. According to Union sources, the charge-sheet was issued to around 200 cabin crew members on June 5, with a deadline of 72 hours to file a response. Around 200 cabin crew members of Air India Express went on strike on May 7, to protest against the alleged mismanagement in the airline, resulting in cancellation of hundreds of flights. Consequently, the airline management terminated the services of 25 cabin crew members and warned the others to join work or else face the same action. Three days later, the strike was called off aft

Chargesheets to cabin crew can be detrimental: Air India Express Union
Updated On : 10 Jun 2024 | 2:03 PM IST

Akasa on path to profitability; will launch more int'l flights: Co-founder

Akasa Air is well on the path to profitability and will fly to more international destinations, including in South Asia and Southeast Asia, according to its Co-Founder Aditya Ghosh. In less than two years of taking to the skies, Akasa Air has a fleet of 24 planes and has more than 4,000 employees. In an interview to PTI in the national capital, Ghosh, who has donned multiple and diverse roles during his career, said that airlines are becoming more of a consumption story in India. "We will increasingly see it as consumer-focused businesses where the learnings which are there from ecommerce companies will help us address the needs and behaviour of consumers better in the transportation business," he said. Among other roles, he had served as IndiGo's President and Whole Time Director for ten years till 2018. When a customer-focused and employee-centric organisation is being built, it is also important to build a financially sustainable business, Ghosh said and emphasised that Akasa A

Akasa on path to profitability; will launch more int'l flights: Co-founder
Updated On : 09 Jun 2024 | 10:42 PM IST

IndiGo lands, Air India takes off on same runway at same time in Mumbai

ATC official de-rostered; DGCA, AAI probing the incident

IndiGo lands, Air India takes off on same runway at same time in Mumbai
Updated On : 09 Jun 2024 | 10:42 PM IST

'India a big market; good to have stronger Lufthansa-Air India partnership'

India is a big aviation market and a stronger partnership between Air India and Lufthansa is good, as efforts of the Star Alliance are to bring the partners together to provide a unique value proposition for the passengers, the airline grouping's CEO Theo Panagiotoulias has said. Air India and Lufthansa are part of the Star Alliance, whose 26 member airlines come together at more than 50 global hubs to offer smooth connections across a global network. A management company, based in Frankfurt and Singapore, coordinates Star Alliance projects and activities. It includes airport co-location, digital infrastructure, frequent flyer integration and joint business lounge projects to improve the travel experience. Talking to PTI on the sidelines of IATA annual general meeting in Dubai this week, Panagiotoulias was bullish about the prospects in the Indian market that offers "so much of opportunities". "The alliance is to bring the partners together to provide a unique value proposition...

'India a big market; good to have stronger Lufthansa-Air India partnership'
Updated On : 09 Jun 2024 | 1:41 PM IST

Indian airport industry's profit expected to grow 35% in FY25: Consultancy

Major domestic airlines can become world class carriers, says senior executive of CAPA India

Indian airport industry's profit expected to grow 35% in FY25: Consultancy
Updated On : 07 Jun 2024 | 10:52 PM IST

Delhi airport to increase peak runway capacity by 30% in 3 years: DIAL CEO

India's largest airport also plans to increase international passenger handling capacity by 50% in 12 months, he says

Delhi airport to increase peak runway capacity by 30% in 3 years: DIAL CEO
Updated On : 07 Jun 2024 | 10:48 PM IST

Won't have ATC towers at airports in 20 years, says Adani Airports CEO

AAI has started trials with remote digital towers, he added

Won't have ATC towers at airports in 20 years, says Adani Airports CEO
Updated On : 07 Jun 2024 | 10:27 PM IST