Page 27 - Aviation Industry

Placed under enhanced surveillance, SpiceJet to get Rs 500 cr from promoter

Singh and his family own 46.95 per cent stake in the airline as on March 31, 2023

Godrej Aerospace in talks to build aircraft parts for Airbus, Boeing

The company expects its civil aviation business to clock revenues of Rs 100 crore in the current fiscal year, making up 35 per cent of Godrej's total revenues

Respect ruling: P&W on court order asking it to send 5 engines to Go First

Pratt & Whitney on Thursday said it respects the Interim Arbitration ruling of a Singapore court, directing the US-based engine maker to send five engines every month to Go First airlines between August and December, adding that it will comply with the same.The official spokesperson for Pratt & Whitney said, "We look forward to vigorously defending ourselves during the merits proceedings where the business and legal issues will be determined and resolved."The ruling by the Singapore court came brought some respite to the carrier, which found itself in a bankruptcy court after a fiscal slump and funds crunch.The Singapore court issued a seven-point order to the US-based engine."The respondent must take all reasonable steps to release and dispatch to the Claimant, without delay as they become available, five Engines per month immediately after any Engine becomes available and commencing, at the latest, on 1 August 2023 and continuing through 31 December 2023, subject to ...

Go First extends cancellation of its scheduled flights till July 10

The airline, which is undergoing an insolvency resolution process, stopped flying on May 3 and since then, it has extended the cancellation of flights multiple times

Strictly follow rules, prevent unauthorised cockpit entry: DGCA to airlines

Aviation regulator DGCA on Friday asked airlines to strictly follow rules as well as sensitise pilots and cabin crew to prevent incidents of unauthorised entry of people into the cockpit. The move from the Directorate General of Civil Aviation (DGCA) comes against the backdrop of recent incidents where unauthorised people were allowed inside the cockpit during scheduled flights. In an advisory, DGCA has asked the heads of operations of all scheduled airlines to "prevent any unauthorised entry in the cockpit through appropriate means". Any non-compliance with the applicable regulation, dealing with unauthorised cockpit entry, shall be dealt with strictly and may also invite stringent enforcement action, it said.

DGCA to conduct special audit of crisis-hit Go First facilities on July 4-6

Aviation watchdog DGCA will conduct a special audit of grounded airline Go First's facilities in the national capital and Mumbai from July 4 to 6 before approving the revival plan for the resumption of flights, according to a senior official. Cash-strapped Go First stopped flying on May 3 and is undergoing a voluntary insolvency resolution process. The senior official at DGCA on Friday said that after a preliminary review of the resumption plan submitted by the Resolution Professional (RP) for Go First on June 28, the regulator has planned to conduct a special audit. The audit of the facilities of the airline in Delhi and Mumbai will be conducted from July 4 to 6. "The special audit to be conducted from July 4 to 6 shall be focused on the safety-related aspects and continued compliance of the requirements to hold an Air Operator Certificate, as well as on physical verification of the arrangements made for the resumption of flight operations," the official said.

Go First extends cancellation of its scheduled flights till July 6

Cash-strapped Go First on Thursday announced extending the cancellation of its scheduled flights till July 6. The airline, which is undergoing insolvency resolution process, stopped flying from May 3 and since then, it has extended cancellation of flights multiple times. On Wednesday, senior representatives of the current management of Go First discussed various aspects of the revival plan with officials of the Directorate General of Civil Aviation (DGCA). "... due to operational reasons, Go First flights scheduled till 6th July 2023 have been cancelled," the budget carrier said in a tweet. The company has filed an application for immediate resolution and revival of operations. "We will be able to resume bookings shortly," the airline said. Sources on Wednesday said DGCA will examine documents submitted by Go First related to the revival plan and will also conduct an audit on operational preparedness before allowing the carrier to restart operations. The revival process gathered

Pee-gate saga continues: Inebriated man caught urinating on flight

A cook working in Africa was apprehended after urinating, defecating and spitting in an Air India flight, continuing a series of similar misconducts on flights

Repeated cockpit incidents show pilots are not learning: Air India CEO

Airline expects employees to rules, 'keep elevating game': Campbell Wilson

Record plane orders by Air India, IndiGo raise stakes in aviation boom

With a total of almost 1,000 jet orders between them, IndiGo and Air India are betting an economic boom and growing middle class will spur demand for domestic air travel

Aircraft mega-deals prompt bubble warning from aviation industry veterans

The 500-jet Airbus purchase unveiled by IndiGo extends the backlog at India's largest carrier to about 1,000 undelivered aircraft

IndiGo orders 500 Airbus A320 aircraft; largest order in aviation history

With this new order, since its inception in 2006, IndiGo has ordered a total of 1,330 aircraft with Airbus

DGCA issues aerodrome licence to Pithoragarh's Naini Saini airport

The Naini Saini airport here has received the DGCA's aerodrome licence to operate civil flights. The licence which permits take-off and landing of civil flights at the airport is valid for six months. Chief Minister Pushkar Singh Dhami thanked Prime Minister Narendra Modi and Civil Aviation Minister Jyotiraditya Scindia for issuing the licence, saying it was a big step towards strengthening air connectivity in the state. The licence was issued on Monday. "We have received the licence that is valid for six months to run civil flights from the airport," the airport's manager Anurag Arya said. A DGCA team visited the airport last month to conduct a survey of the facilities there ahead of issuing the license.

IndiGo co-founder's family likely to sell stake worth up to $909 mn: Report

The family of IndiGo's co-founder Rakesh Gangwal was likely to sell between 5% and 8% stake in the Indian airline's parent InterGlobe Aviation Ltd, CNBC Awaaz said in a report, citing sources.

India has right vision for aviation sector, needs caution with taxes: IATA

India has the right vision and well-timed strategy for the aviation sector, especially with good economic growth and high population, but it should also be ensured that the positive impact is not curtailed by too many taxes, according to IATA. Marie Owens Thomsen, the Chief Economist at the International Air Transport Association (IATA), also said that she is not in favour of any kind of duopoly in the airline industry and emphasised the importance of healthy competition as well as participants being resilient. She shared her views on competition in response to a question from PTI on the possibility of duopoly in the fast growing Indian airlines market. While the domestic traffic is on the rise, the airlines segment is facing headwinds with Go First suspending operations and SpiceJet grappling with various issues, while IndiGo and Air India group are expanding their presence. Akasa Air, which is on a steady path, is less than a year old. "I am an economist and obviously, I am not .

SpiceJet to add 10 narrow-body Boeing aircraft, including five B737 Max

No-frills airline SpiceJet, which is trying to keep afloat amid several aircraft of its fleet being grounded over payment issues with lessors, on Friday said it plans to add 10 narrow-body Boeing aircraft, including five B737 Max, on lease by October. In the intervening period, the airline is working on restoring and reviving its grounded aircraft which will start returning back to service soon, SpiceJet said in a statement. "We will be inducting 10 B737 aircraft between September-October. The induction of these planes, which coincides with the peak travel season in India, will help us launch new routes and strengthen our presence on existing ones," said Ajay Singh, Chairman and Managing Director of SpiceJet. The airline said it has already signed a lease agreement for these 10 planes which will start joining the fleet from September to cater to the rising demand. "There has been a significant surge in passenger demand and we are hopeful that this trend will continue in the latter

SpiceJet partners with FTAI to restore fleet, to lease up to 20 engines

SpiceJet had also said there were no plans to file for insolvency, quelling fears of a spillover after rival Go Airlines (India) filed for voluntary bankruptcy

Emirates Airline makes strong pitch to increase bilateral flying rights

Making a strong pitch for increased bilateral flying rights, Gulf major Emirates Airline's President Sir Tim Clark on Tuesday said the group has had no increase in seats in India since 2015 and during this period, the country's economy has grown at a great pace. India is one of the fastest-growing aviation markets in the world and Gulf carriers have been seeking enhanced bilateral flying rights to operate more flights to and from the country. However, the government is not in favour of granting more bilateral flying rights. Emirates can operate 65,000 seats from Dubai to India in each direction every week. According to him, Emirates has had no seat increase in India since 2015 and during this period, the Indian economy has moved at a great pace. At a media briefing on the sidelines of the IATA World Air Transport Summit here, Clark said that demand in and out of India is being compromised by an access policy, which "I don't think does them any favours". Emirates, which operates on

Airlines to profit, global air travel to increase amid challenges: IATA

According to Walsh, the removal of Covid-19 restrictions is one of the developments boosting the industry

Higher leasing bills, jet recovery dispute will hit airline costs: AerCap

Tribunal last month granted request from 6th-largest carrier for bankruptcy protection, putting into effect moratorium on its assets that prevents foreign lessors from taking planes out for a year