Page 29 - Aviation Sector
Vistara cancels 14 int'l flights due to delay in delivery of B787 aircraft
Vistara had bought six Dreamliners from Boeing in 2018 but has received only two from the American plane-maker
 "Vistara cancels 14 int'l flights due to delay in delivery of B787 aircraft")
DGCA removes 50% capacity cap on SpiceJet flights from October 30
The DGCA on Friday also approved Indian carriers' winter schedule. Indian carriers will operate 21,941 weekly flights, 1.55% less during the season compared to the previous winter season, it noted.
 "DGCA removes 50% capacity cap on SpiceJet flights from October 30")
IndiGo flight to Arunachal soon as Donyi Polo Airport gets operation ready
The foundation stone of the Donyi Polo Airport was laid in 2019. Situated nearly 14 km south of the city centre, the airport will serve Itanagar
 "IndiGo flight to Arunachal soon as Donyi Polo Airport gets operation ready")
About Rs 95,000 cr to be invested in aviation sector in next 4 yrs: Scindia
Stressing on the importance of helipads in providing last-mile connectivity, Civil Aviation Minister Jyotiraditya Scindia on Tuesday urged the states to set up helipads in every district.
 "About Rs 95,000 cr to be invested in aviation sector in next 4 yrs: Scindia")
Air traffic volume may recover to pre-pandemic level in FY23: CRISIL
The air traffic volume is expected to increase to the fiscal 2020 level of around 340 million passengers in FY23
 "Air traffic volume may recover to pre-pandemic level in FY23: CRISIL")
DGCA asks SpiceJet to get engine oil samples of entire Q400 fleet examined
Following a recent incident of smoke in a SpiceJet plane cabin, the aviation regulator DGCA has directed the airline to send the engine oil samples of the entire Q400 fleet consisting of 14 operational aircraft to Pratt & Whitney Canada to ascertain the presence of metal and carbon seat particles.
 "DGCA asks SpiceJet to get engine oil samples of entire Q400 fleet examined")
FinMin allows airlines to avail up to Rs 1,500 crore loan under ECLGS
The Finance Ministry's decision is likely to benefit financially-beleaguered airlines, such as SpiceJet, which have been looking for the Centre's assistance to run their operations
 "FinMin allows airlines to avail up to Rs 1,500 crore loan under ECLGS")
Indian airlines revamp their in-flight menus amid intense competition
Air India latest carrier to update menu, but others have tweaked their offerings too
 "Indian airlines revamp their in-flight menus amid intense competition")
Flying on time: TCS-developed app powers AirAsia India's punctuality record
At No 3 in early 2022, the airline has topped the on-time performance for five straight months since April
Air India's future market share depends on aviation sector's probabilities
Its aim for a third of the domestic market by 2027 is contingent on a host of factors, many of them outside its control
 "Air India's future market share depends on aviation sector's probabilities")
Centre launches indigenously-developed aviation fuel AVGAS 100 LL
Puri said that the launch is important to serve the needs of a thriving aviation industry with increase in footfall at airports, rise in number of aircraft and for pilot training in future
 "Centre launches indigenously-developed aviation fuel AVGAS 100 LL")
Akasa Air grounds B737 Max aircraft after noticing engine fuel leak
Carrier operating with three planes, will source spare parts to repair the engine fuel pump
 "Akasa Air grounds B737 Max aircraft after noticing engine fuel leak")
SpiceJet sends 80 pilots on leave without pay for three mths to prune costs
Loss making airline is currently operating less than half its flights, following a July 27 DGCA order brought on by a spate of incidents
 "SpiceJet sends 80 pilots on leave without pay for three mths to prune costs")
Akasa Air filled 53% seats in August, accounting for 0.2% market share
Top-6 carriers posted much higher seat occupancy; experts say not much can be read into Akasa's load factor as airline is at a very nascent stage
Five-year transformation goal: Air India eyes 30% domestic share
Air India, as it operates wide-body planes with bigger fuel tanks, is the market leader on long international routes that reach as far as the US
 "Five-year transformation goal: Air India eyes 30% domestic share")
Recovery tracker: Workplace visits at record high; air traffic declines
There were around 314,000 air passengers as of Sunday, September 4, based on a rolling seven-day average. It was around 331,000 as of Sunday, August 28
 "Recovery tracker: Workplace visits at record high; air traffic declines")
Could an Indian airline be in race for SriLankan Airlines stake buy?
Even if things improve, it would be hard to keep funding the airline's operations, as the airline has been bleeding money for a while.
 "Could an Indian airline be in race for SriLankan Airlines stake buy?")
India's air traffic may grow annually by average 7% till 2040: Boeing
Boeing said on Thursday that India has on average 23 million people travelling using trains daily and even if one per cent of them shift to the aviation market, the air traffic will double
 "India's air traffic may grow annually by average 7% till 2040: Boeing")
SpiceJet reports combined loss of Rs 1,247 crore in Q4FY22 and Q1FY23
SpiceJet incurred net losses of Rs 316 crore, Rs 934 crore, and Rs 998 crore in FY19, FY20, and FY21, respectively
Capt R S Sandhu to continue as Chief of Operations of Air India
Air India announced that Captain Rajwinder Singh Sandhu will continue to lead as Chief of Operations of the airline till further notice