Page 31 - Aviation Sector

Frequent mid-air 'technical glitches' add to Spicejet's financial woes

Once an investor darling, SpiceJet is now the worst-performing airline stock in Asia, fighting a run of negative publicity triggered by a slew of seemingly innocuous but frequent technical glitches

Top headlines: FM Sitharaman at G20, hiring in India's aviation, and more

PSU giant Life Insurance Corporation of India (LIC) has released some key data points. Its embedded value (EV) for 2021-22 has worked out to be Rs 5.41 trillion

Mopa airport successfully completes Instrument Land System calibration

The upcoming international airport at Mopa in North Goa has successfully completed calibration of the Instrument Landing System (ILS) for the newly built runway, achieving a significant milestone

Airlines cancel, reschedule London flights as Heathrow restrictions kick in

The move to limit passengers comes as Heathrow Airport struggles to cope with a surge in passenger traffic

IndiGo hikes pilot salaries by a further 8%, restores overtime allowance

The airline has made changes to its HR policies to reinstate the work pattern of crew under which they will earn more, but there will be fewer leaves

How the Ukraine war may give wings to Jet airways' international plans

Jet Airways plans to lease 20 Airbus A320s by 2024

When flying over Indian skies, it's a bird, it's a plane, it's a bane

Birds and sundry animals pose a permanent safety hazard at Indian airports built near densely populated areas

Air India unions file pleas against proposed eviction of employees

The unions argue that the airline's letter asking employees to vacate office accommodation by July 26 amounts to a change in service condition.

Akasa plans test flight next week; expects commercial start by late-July

Akasa, backed by billionaire Rakesh Jhunjhunwala, will likely receive its air operator's certificate within days of the proving flight

Go First announces triweekly direct flights between Kochi and Abu Dhabi

The inaugural Go First flight G8 063 will depart on June 28 from Cochin International Airport at 8.05 PM (local time) and will arrive at Abu Dhabi International Airport at 10:40 PM (local time)

Airlines were unprepared when travel came roaring back after hiatus

As countries reopen borders and Covid curbs fall away, travel has sprung back with such voracity that it's resulted in an unprecedented labor crunch

CCI clears Air India's acquisition of AirAsia India stake, helping merger

At present, the Tata group owns and operates four airlines - Air India, Air India Express, AirAsia India, and Vistara. Air India and Vistara operate on both domestic and international routes

India a key growth area, is going to be a massive market: Singapore Air CEO

CEO Goh refused to be drawn on whether Singapore Airlines would be interested in buying a stake in Air India

Asia-Pacific air passenger demand at 17%, India at 70% of pre-covid levels

Based on IATA data, India's domestic passenger load factor in March 2022 was a healthy 82.3 percent which compares favourably with other markets

Jet fuel prices at all-time high with 5.3% hike; 10th increase this year

The price of aviation turbine fuel (ATF) was hiked by Rs 6,188.25 per kilolitre, or 5.29 per cent, to Rs 1,23,039.71 per kl (Rs 123 per litre) in the national capital

Flight schools navigate the expansion route on hopes of aviation turnaround

Though Covid has led to concerns about pilots' job prospects, flight schools believe that the situation will change soon and the choice of piloting as a profession will remain as lucrative as ever

Akasa Air ties up with Navitaire for digital retailing, reservations system

Akasa Air, backed by ace investor Rakesh Jhunjhunwala, and aviation veterans Vinay Dube and Aditya Ghosh, is expected to begin its commercial operations in July

Boeing, Air Works undertake maintenance checks on three P-8I aircraft

Boeing India and Air Works will commemorate their collaboration at the Boeing India Aatmanirbharta in Defence Conference which is being organized in New Delhi on Tuesday, May 10, 2022

Scindia talks with US aerospace giants on bolstering alliance with India

Civil Aviation Minister Jyotiraditya Scindia held discussions with American aerospace giants on further strengthening collaboration with the industry in India. Scindia arrived here on Thursday for the first leg of his visit to North America and began his engagements with discussions with New York-based technology-powered, global air mobility platform Blade. On Thursday, he also interacted with members of the Indian diaspora during a session and reception hosted by Consul General of New York Randhir Jaiswal. Scindia's engagements on Friday began with a round table hosted by the US-India Business Council. The roundtable, attended by senior industry leaders, focussed on ways to strengthen collaboration between India and the US across the aviation sector. Had a productive interaction with members of @USIBC from the aviation community. Spoke about the growing focus & opportunities in regional connectivity & urban air mobility in India, Scindia tweeted. Later, he met vice president .

Ethiopian Airlines to boost India flights, eyes higher traffic from BRICS

Ethiopian Airlines, the largest carrier in Africa, is allowed to operate 35 flights per week to Mumbai, Delhi, Bengaluru and Chennai.