Page 17 - Aviation Sector

Almost normal: Consumer sentiment soared to near pre-pandemic levels in Nov

The World Bank reported that over 80 million Indians made their first digital transaction after the pandemic

164 planes lying idle at 15 airports in country, govt shares data in LS

As many as 164 planes are lying idle at 15 airports in the country, the government said on Thursday. Out of the total, the highest number of grounded aircraft is at Delhi airport at 64, followed by Bengaluru (27), Mumbai (24) and Chennai (20). As per data shared by civil aviation minister Jyotiraditya Scindia in a written reply to Lok Sabha, 164 aircraft are lying idle at 15 airports. The airports are Ahmedabad, Bengaluru, Bhubaneswar, Chennai, Cochin, Delhi, Goa (Mopa), Hyderabad, Jaipur, Juhu, Kolkata, Kannur, Mumbai, Nagpur and Raipur. The grounded aircraft include those of IndiGo, SpiceJet, Go First, Air India, Zoom Air and Alliance Air. At the Delhi airport, IndiGo's 24 aircraft and Go First's 23 planes are lying idle. Other carriers whose planes are grounded there are SpiceJet (6), Air India (2), Zoom Air (5), Jet Airways (3) and Alliance Air (1). According to the data, 17 planes of IndiGo, nine aircraft of Go First and one plane of SpiceJet are lying idle at the Bengaluru

Analysts bet on IndiGo, SpiceJet on sustained pax growth, low oil prices

They, however, suggest staying mindful of supply chain issues, and P&W engine snags

Government may implement 2-month asset freeze of airlines under insolvency

To prevent immediate repossession of aircraft by lessors after default, the government is contemplating a two-month moratorium rule for the aviation sector

Up & down the job rollercoaster: Highs for aviation & pharma, lows for IT

The game flipped in the second half of 2022, and in 2023, it has decisively turned in the favour of employers - more talent is now chasing fewer active IT jobs

Air India starts rollout of new brand identity from Delhi, Mumbai airports

The new Air India livery will also feature on the A350 fleet and subsequently on other incoming aircraft

SpiceJet zooms 29% in two days on plans to acquire bankrupt Go First

As per reports, SpiceJet is among the three entities that have shown late interest in acquiring bankrupt carrier Go First. The other two are Sharjah-based Sky One and Africa-based Safrik Investments.

Delhi Airport saw highest-ever single-day passenger traffic on November 28

Delhi Airport also witnessed the highest-ever traffic in the first 8 months of a financial year at 47.8 million

SpiceJet shows interest in acquiring bankrupt carrier Go First: Report

The lenders of Go First have been contemplating liquidation as they think it will lead to a better recovery as compared to selling it

Go First resolution professional, lessors in talks to maintain aircraft

Advocate Diwakar Maheshwari, appearing for the RP, told the court that they are in talks with the lessors, one of which is SMBC Aviation Capital, to maintain the aircraft

DGCA gives women wings: Plans 2024 framework to boost participation

About 15 per cent of Indian pilots are women, the highest globally. Vikram Dev Dutt noted that within the DGCA, 11 per cent of the workforce consists of women

Airbus Helicopters partners with Indamer for fleet servicing, maintenance

Airbus Helicopters, a part of the European aviation major Airbus, on Friday said it has partnered with domestic MRO operator Indamer for servicing its helicopter fleet in India. Under this arrangement, Indamer will provide Maintenance, Repair and Overhaul (MRO) services for the rotor-wing aircraft at its facilities in Mumbai, New Delhi and Nagpur, Airbus Helicopters said in a statement. In addition to these three, Indamer also has a MRO facility in Pune. The MRO will provide faster turnaround for servicing and help create an efficient after-market experience for the Airbus Helicopters customers not only in India but also in the wider South Asia region, it said. The tie-up will give a significant boost to the development of the helicopter MRO ecosystem in the country, it added. "Building and supporting a sustainable end-to-end rotary-wing (helicopter) aviation ecosystem in India is key for Airbus Helicopters. With Indamer, we aim to cater to our growing fleet in India and the futur

NCLT grants time to SpiceJet till Jan to explore settlement with lessor

The NCLT on Monday dismissed Willis Lease Finance's plea to initiate insolvency against SpiceJet over unpaid dues due to some technical defects in their plea

SpiceJet board considering raising fresh capital by issuing equity shares

Budget airline tells BSE about its plan; told court earlier it's 'struggling to stay afloat'

India's goal to clean up transport with sustainable aviation fuel

Around the world, more than 360,000 flights have already been powered by SAF

US wants to require drug testing for foreign aviation-repair stations

The proposed rule would impact approximately 977 repair stations in 65 countries, ensure "employees are held to the same high level of safety standards regardless of where they are physically located"

Flight to sustainability

Sustainable aviation fuel has promise

In a first, Richard Branson looks to fly on sustainable fuel in latest dare

Branson is participating in the first flight of a commercial aircraft across the Atlantic powered entirely by sustainable aviation fuel, beating arch-rival British Airways to the punch

Don't see India turning into a duopoly market: Air India CEO & MD Wilson

'With a much enlarged fleet, we are going to have facilities of that scale and quality to support that fleet... '

Christmas Comes Early: Air India Express offering 30% discount on tickets

Last month, the airline announced that in the next one year, it is aiming to double its number of pilots