Page 32 - Aviation Sector

Top Headlines: India airspace coordination, blockbuster M&As, and more

Business Standard brings you the top headlines at this hour

Air India takes Rs 60,800 cr cover for its fleet, paid Rs 266 cr premium

Under new policy, Air India can't fly in Russia, Ukrainian airspace due to war

DGCA bars 90 SpiceJet pilots from operating Boeing 737 Max planes

Indian aviation regulator DGCA has barred 90 SpiceJet pilots from operating the Boeing 737 Max aircraft after finding them not properly trained.

Jet Airways plans to return with a mix of premium, no-frills services

The consortium infused Rs 500 million into Jet Airways 2.0 -- as it is dubbed by the new owners -- in January, and lenders have said they don't object to an extension of 60 days.

SpiceJet inks pact with Credit Suisse on $24-million dispute

In a separate case, top court asks airline to settle share-purchase dispute with Marans by Apr 12

Airlines adhering to hand baggage policy, says Jyotiraditya Scindia

Scindia said the BCAS has sensitised airline operators for strict implementation of the the one hand bag rule in its meeting on January 12, 2022

Indian airports estimated to see 69% more passengers in 2022-23: Govt

A total of 19.96 crore passengers travelled through the airports in the country during 2021-22, the minister said in his reply to a written question in Rajya Sabha

Bengaluru airport named 'Best Airport' at Wings India Awards 2022

This recognition is one of the industry's most recognised accolades, and is awarded following an assessment of customer service, facilities and innovations

Air India may buy large jets worth $10 bn, says enginemaker

'I think they (Tata Group) are looking at something up to 30 aircraft, could be as big as that, which is a big order,' says an executive of Rolls-Royce Holdings Plc

Emirates to resume pre-pandemic service frequency to India from Apr 1

Prior to the pandemic hitting the country in March 2020 and grounding overseas flight services, Emirates was operating 170 weekly flights to nine destinations

Fuel, currency, fares major challenges for Indian carries, says Boeing

Aviation fuel in India is 90 per cent higher when compared to Middle East and Africa, Asian and Oceania, and North America

India intends to add 100-120 aircraft every year: Jyotiraditya Scindia

Addressing the Wings India 2022 at Begumpet Airport in Hyderabad, he said that India is looking at tremendous expansion in areas of airlines, airports and every facet of the civil aviation eco-system

FlyBig to get 10 De Havilland Canada's Twin Otter Series planes

FlyBig operates commercial flights to destinations in the North-East, South, and Central under the UDAN Scheme

Aviation stocks rise as regular intl flights to resume, but crude a concern

Airlines currently face a challenging time ahead on account of record high ATF prices, which are likely to increase further on the back of Russia-Ukraine conflict, says an analyst

Aviation sector veteran Sanjiv Kapoor appointed CEO of Jet Airways

Kapoor is currently the president of Oberoi Hotels and Resorts. Prior to joining the Oberoi group, he was the chief strategy and commercial officer at Vistara.

Domestic aviation industry may report Rs 26,000 cr loss this fiscal: Icra

The ratings agency also estimates that the industry will require an additional funding in the range of Rs 20,000-22,000 crore during FY22-FY24

SpiceJet to start six direct flights to Bangkok from March 10

The airline will be deploying B737 aircraft to operate all India-Bangkok flights, it stated, adding the Kolkata-Bangkok flight and the return flight will begin from March 10

Domestic air traffic to cross pre-Covid levels in next 2 months: Scindia

The country's civil aviation sector was significantly impacted by the coronavirus pandemic and the sector's loss was around Rs 19,000 crore in the last fiscal ended March 2021

Devas recovery suit: Air India wins nod to appeal against Canadian ruling

Air India has sought dismissal of the demand by Devas' foreign investors saying it is no longer a state-owned firm after its takeover by the Tata group on January 27, 2022

IndiGo takes delivery of first Airbus plane operating on sustainable fuel

Any fuel that has lower carbon emissions than conventional kerosene is known as Sustainable Aviation Fuel (SAF)