Page 22 - Aviation Sector

'India's the new China' as airlines more than double profit outlook

Bullish on the Indian market, Lufthansa Group CEO Carsten Spohr has said the airline group is working closer with Air India as well as expanding its own operations into the country

Go First insolvency: NCLT issues notice in plea by Jackson Aviation

The tribunal directed the insolvency resolution professional (IRP) to file the response within a week

Lufthansa seeks deeper partnership with Air India, plans to expand flights

Lufthansa's CEO, Carsten Spohr speaks about the expansion plans of the airline and partnership with Air India that could make it the largest airline group connecting India and Europe

UDF asks govt to curb rising airfares to Kerala from Gulf during festivals

The Congress-led UDF opposition in Kerala has appealed to the Civil Aviation Ministry to take steps to curb the "skyrocketing" air fares of flights from the Gulf countries to Kerala during the festive season. The UDF has also sought the Centre's intervention to make provisions for direct flights from the Gulf countries to the four international airports in Kerala. These requests have been made by Leader of Opposition in the state assembly V D Satheesan in a letter sent to Union Civil Aviation Minister Jyotiraditya M Scindia. "I am writing this letter to elicit your urgent action on the legitimate request of expatriates to make provisions for direct flights to Trivandrum, Kochi (Nedumbassery), Kannur, and Kozhikode International Airports from the Middle East and other foreign countries," he said. Satheesan, in his letter, has said that expatriates from Kerala working in Gulf countries have raised concerns about the rising airfares during festive seasons and lack of direct flights to

India deserves to have more non-stop overseas flights: Air India CEO

Asserting that India deserves to have international non-stop connectivity to more destinations, Air India chief Campbell Wilson has said the country has in some respect not been able to control its own destiny as a consequence of not having a healthy domestic airline industry. Wilson, who is piloting Air India's massive expansion plans in terms of fleet as well as routes, also said that IndiGo succeeding well and Tata airlines coming together provides a good competitor to the strength of IndiGo. "It should hopefully allow for a market that is more sustainable, ideally profitable that will allow airlines to invest in new products, expand network and also lead India to assume its place on the world aviation stage...," he told PTI in a recent interview. Tata Group took over Air India and Air India Express from the government in January last year. Currently, the group has four carriers under its fold -- Air India, Air India Express, AIX Connect (earlier known as AirAsia India) and ...

Upcoming ATC tower to equip Bhopal's Raja Bhoj airport for flights 24 hours

The only airport in Madhya Pradesh's capital city Bhopal, Raja Bhoj Airport is getting ready for round-the-clock air services. The induction of several new generation technologies is in the process

Amid surge in airfares, govt analyses routes impacted by Go First crisis

Amid a surge in airfares on certain routes, the civil aviation ministry is doing an analysis of routes that have been affected by the suspension of flights by Go First. Civil Aviation Minister Jyotiraditya Scindia on Thursday said there is an unusual situation due to the Go First crisis and there has been an excess demand on the routes the airline had been operating. Go First, which is undergoing an insolvency resolution process, has not been flying since May 3. "We have given additional routes to other airlines but it is a piquant situation... I doubt any other sector has seen the vicissitudes that civil aviation has seen in the last three years," he said while speaking at the India Economic Conclave here. "... I have put together a group in the last couple of days and we are doing an analysis of a lot of those routes... that have been affected by this unusual event (Go First crisis). "One is Srinagar, Pune, slightly Ahmedabad, we are doing a full analysis on that... we will spea

Go First extends flight cancellations till May 28, promises full refund

This comes a day after the Directorate General of Civil Aviation (DGCA) granted 30 days to cash-strapped airline to submit a restructuring or revival plan

For Air India, goodbye to state control doesn't mean Tata to troubles

It has been more than a year of its acquisition from the Centre and Air India not only took major steps in terms of turnaround and transformation, but also ran into major controversies

India's airline sector on to a smooth flight despite air pocketsr

Taking off with much fanfare and crash landing has been the regular feature one sees in the Indian aviation sector ever since it was opened up

India govt wants Go First flights to resume as soon as possible: Minister

Govt wants Go Airlines (India) Ltd flights to resume as soon as possible, the civil aviation minister said on Thursday, a week after the troubled low-cost carrier was granted bankruptcy protection

Go First tells pilots to resume work from May 27, training from tomorrow

It is mandatory to do a refresher training as the pilots haven't been flying since 3 May, according to media reports

Lesson for Go First from Jet Airways' insolvency: Restart quickly

Jet Airways was much bigger when it shut down in 2019. It operated a fleet of 100-plus aircraft out of over 40 domestic and 24 international locations

Allow Go First pilots to exit without impediment: Pilot body to Scindia

The pilot's body has written to the minister seeking his intervention to help Go First pilots facing hurdles in leaving the airline

Statsguru: Six charts explain trouble in India's aviation sector is not new

But the bankruptcy came at a time when things were finally starting to look up for the industry

Risky jurisdiction: Aircraft lessors raise alarm over Go First crisis

India is a critical market for lessors, in which sale-and-leaseback deals accounted for 75% of plane deliveries from 2018 to 2022, compared with a global average of 35%

NCLAT to hear SMBC Aviation's plea against NCLT order on Go First today

Soon after the NCLT allowed Go First's plea on Wednesday, SMBC Aviation Capital's counsel moved the NCLAT

Go First likely to resume flights on May 24 with fewer aircraft: Report

Go First has also reportedly discussed the plans to resume flights with the Centre

Boeing wins landmark order from Ryanair for 300 737 Max 10 jets

Boeing shares jumped as much as 3.7% in New York, while Ryanair, Europe's largest discount carrier, advanced 2.1% in Dublin

Govt bailout of Go First unlikely unless engine issue resolved: Dy Minister

Deputy Aviation Minister VK Singh said the government has offered help to US-based Pratt & Whitney