Page 28 - Aviation Industry

Pratt & Whitney to oppose Go First's push to enforce arbitration against it

Go First approached the Delaware court after it won an arbitration order in Singapore against Pratt & Whitney, which it said failed to supply engines on time

Govt to decide on Go First bankruptcy, lessors seeking planes fear impact

This is the first time an Indian airline has voluntarily sought bankruptcy protection to renegotiate its contracts and debts

Here's why airlines keep folding in India's booming aviation market

The lure of aviation has proven particularly attractive - and brutal - for wealthy entrepreneurs, eager to enter a burgeoning sector and wooed by the status of owning an airline

What happens when a company files for insolvency?

On May 2, Go First Airways filed for voluntary insolvency with the National Company Law Tribunal. What's next? Watch the video to find out

Lufthansa grounds subsidiary's Airbus fleet due to supply challenges

A220s have proven particularly vulnerable to a lack of spare engines during MRO process, as per various airlines chiefs

TMS Ep425: Go First, M&M EV, aviation stocks, confidential IPO filing

What does Go First's demise mean for flyers? Can M&M catch up with Tata Motors in EV space? Will IndiGo, SpiceJet fly high as Go First goes off radar? What is confidential IPO filing? Answers here

No-frills carrier Go First extends booking hold-up; NCLT plea today

Lenders' meeting on the crisis remains inconclusive, to resume today

Go First insolvency: Spot airfares rise on the airline's top routes

Go First's third busiest route was Delhi-Leh route where the airline was scheduled to operate 66 flights per week this month

'Tough times': Go First staff hopes airline survives, scouts for options

Some pilots of troubled airline have joined airlines in West Asia in recent weeks and others have approached IndiGo

Go First bankruptcy seen helping rivals, boosting airfares in India

Shares of India's largest airline IndiGo rose by more than 8% on Wednesday, a day after cash-strapped airline Go First filed for bankruptcy, blaming "faulty" Pratt & Whitney engines

India emerging as key aviation market, air travel grows: IATA report

India has been the top domestic market measured by PLF for the last four months

India needs to start thinking about TSA security at airports: Aviation Secy

The TSA comprehensively develops security for the US transportation system, including highways, railroads, buses, mass transit systems, enrolment pipelines, and intermodal freight facilities

Jet Airways revival hits new snag as more employees quit amid uncertainty

In the past week, senior employees, including the company secretary, accountable manager and chief security officer, have quit Jet Airways

Jet Airways' fate in jeopardy as NCLT deadline for Jalan-Kalrock nears

The expiry of the airline's air operator's permit (AOP) is also due on May 19

Go First now open for partnerships; Wadias not exiting aviation biz

Wadia Group-owned Go First is open for partnerships but its promoters are not looking to exit from the loss-making aviation business, according to an airline source. The no-frills airline, beset with engine woes, is estimated to have incurred a loss of Rs 1,800 crore in 2022-23, and expects around Rs 600 crore fund infusion in the coming weeks, according to the source closely involved in the management of the carrier. The airline, which was cornering an 8-10 per cent market share for many months, saw it slipping to 6.9 per cent in March as a good chunk of its aircraft fleet remains grounded. We can obviously evaluate a good partnership but it does not mean that we are out to sell ... Indian aviation is getting a lot of traction, and there are some reports that some airlines, some entrepreneurs are looking at (investing in the airline segment), that is why we are happy to look at ( any investment proposal, the source told PTI. "But if somebody asks us whether we are open for ...

Majority of passenger complaints related to flight problems, baggage: DGCA

The report states further that the maximum number of complaints were received by Air India (106), followed by Spicejet (100) and IndiGo (66)

DGCA issues advisory to airlines over norms to deal with unruly passengers

Aviation regulator DGCA on Monday issued an advisory to airlines reiterating the existing provisions in place to deal with unruly passengers. The advisory comes against the backdrop of rising incidents of unruly passengers onboard flights and also on a day when a male passenger was deboarded by Air India from a Delhi-London flight for causing physical harm to two cabin crew members. In an advisory, DGCA said there are provisions under the Civil Aviation Requirement (CAR) for action to be taken by the airline to deal with unruly passengers. Besides, it said the responsibilities of pilots, cabin crew members and the director of inflight services are also mentioned in the CAR. DGCA said that in the recent past, it has noticed a few incidents such as smoking in aircraft, consumption of alcoholic beverages resulting in unruly behaviour, altercations between passengers and sometimes inappropriate touching or sexual harassment by the passengers onboard an aircraft during the flight, where

Amid rising competition, Air India may reward talent with 8-10% salary hike

This is the first performance review of employees since the Tata Group took control of Air India

Long-term aim to reduce costs of operation by 30-50%: Adani Airports CEO

India overall lacks aviation capability, he said

India dampens hopes for more air access in drive to be aviation force

We are going to see an explosion of air traffic in India in the years to come, he said, adding he wanted domestic carriers to look at international expansion with greater focus