An airline executive mentioned that key cities like Delhi and Mumbai experienced heavy rainfall on certain days in September, compelling the airlines to either cancel or postpone flights
The airline's spokesperson said that the airline is poised to take delivery of additional aircraft from Boeing in the remainder of 2023-24
The bench highlighted that since the requests made by all involved parties were based on similar grounds, a fresh bench could determine the outcomes
Say payment not in compliance with resolution plan; consortium questions lenders' intent to transfer airline's ownership
Union Civil Aviation Minister Jyotiraditya Scindia and Railways Minister Ashwini Vaishnaw have been coordinating in recent months on these projects
With AWG's downgrade, it is probable that lessors will increase the aircraft leasing rates for Indian carriers
Aviation services provider Celebi India may invest around USD 80 million in the business in the next four years as it eyes more airports besides enhancing cargo capacity, a top company executive has said. The company, which offers ground handling services and cargo operations, also plans to switch to an all-electric fleet across the airports it renders services at present, according to Murali Ramachandran, President for India & S-E Asia at Celebi Aviation Holdings, said. The company currently has the mandate to provide ground handling services at nine airports -- Delhi, Mumbai, Chennai, Bengaluru, Hyderabad, Cochin, Ahmedabad, Mopa (Goa) and Kannur -- and handle cargo operations at Delhi airport through a joint venture with Delhi International Airport Ltd (DIAL). "Celebi has already invested around USD 250 million (since its entry in the Indian market in 2007). In terms of expected investment, we will be adding USD 28 million in ground handling in the next four years. Around USD ..
The Delhi High Court reserved its orders in three applications filed by aircraft lessors of the airline seeking permission to maintain their aircraft
The Delhi High Court on August 24 told CMD Singh to pay Rs 100 crore dues to Maran by September 10
Indian Railways' Gati Shakti Vishwavidyalaya and Airbus on Thursday inked a pact to collaborate in the fields of research, teaching, and training of students to deepen understanding of scientific, technological, and management topics pertaining to the aerospace sector. The Memorandum of Understanding was signed by Rmi Maillard, President and Managing Director, Airbus India and South Asia, and Manoj Choudhary, Vice-Chancellor, Gati Shakti Vishwavidyalaya (GSV), in the presence of Railway Minister Ashwini Vaishnaw and Railway Board Chairperson and CEO Jaya Varma Sinha. "GSV will focus on intense industry-academia partnerships. All its courses will be designed in collaboration with industry. The students who study at GSV will be industry-ready. They will be highly sought after for employment in the transportation and logistics sectors," Vaishnaw said. The Airbus-GSV MoU will lead to the starting the 'aerospace major' B-Tech course at the Gati Shakti Vishvavidyalaya which will train ...
Private companies, including Tata Sons, Adani Group, and Emirates, engage in discussions as the Sri Lankan government looks to privatise SriLankan Airlines
AirAsia India operates only domestic flights while 95 per cent of Air India Express's flights are between India and the Gulf region
For this, it will invest Rs 30 cr over 3 yrs; orders 10 more Airbus A320neo planes
An official from Air India clarified that narrowbody planes require more cabin crew members to deliver premium service
AircraftO services provider Haveus Aerotech India on Friday said it has signed an initial pact with Hindustan Aeronautics Ltd for exploring business opportunities in the civil aviation sector both in the domestic and international markets. The memorandum of understanding (MoU) signed with HAL Accessories Division Lucknow (ADL), which is into manufacturing of aircraft systems and accessories for aircraft, helicopters and engines, as per the statement. Under the collaboration, the two partners will share the experience and capabilities of each other relating to the needs of the civil aviation sector focusing on aerospace applications with a larger perspective of making India Atmanirbhar in the sector and furthering the Government's 'Make & Maintain in India' Policy, Haveus said. "The MoU would mutually help us to explore business opportunities nationally as well as internationally in the civil aviation sector, said Anshul Bhargava, Chairman and Managing Director of Haveus Aerotech ..
IndiGo, which operates 1,900 flights a day, said it has a comprehensive fatigue management system which tracks various parameters in line with international best practices
Offer floor price of Rs 2,400 per share is 6% discount to last closing price
Pakistan's cash-strapped national carrier PIA is expected to suffer a loss of Rs 112 billion this year and running the airline on a public-private partnership model is the only solution to turn it into a profitable organisation, its CEO has said. During a press briefing, Pakistan International Airlines' CEO Air Vice Marshal Amir Hayat pointed out that the national carrier sustained a total loss of Rs80 billion in 2022 because of old loans and interest payments, the Express Tribune reported. He said that the PIA had a debt of Rs 742 billion passed on to its current management. Hayat warned that if the airline was not restructured, its annual loss would reach Rs 259 billion (USD 900667) in 2030. We have drawn up a roadmap for this purpose, he said. He maintained that running the PIA on a public-private partnership basis was the only solution to turn the airline into a profitable and international standard organisation. The PIA CEO claimed that maximum reforms had been made in the .
The appeal filed by the State Bank of India, the chief creditor to Jet Airways, is related to the transfer of the ownership of Jet Airways to the Jalan-Kalrock consortium
On August 3, the airline had moved to Supreme Court against the Delhi HC's order to allow lessors to inspect the aircraft