Page 33 - Civil Aviation

CRISIL downgrades ratings for SpiceJet to 'B' as business takes hit

Puts ratings for three airports "under watch negative"

US Senate offers $58 bn aid to airlines as they struggle to stay afloat

The US Senate passed an industry aid package, half in the form of grants to cover some 750,000 employees' paychecks

Covid-19 relief: FM announces Rs 1.7 trn plan for poor, migrant workers

Package announced includes both food security and cash transfer components

Coronavirus: IndiGo offers its aircraft, crew to ferry medicine, equipment

India has banned international commercial passenger flights for a period of one week from Sunday. Moreover, domestic flights have also been suspended from Tuesday midnight

Covid-19: GoAir is third airline to cut salaries, all staff to take hit

Extent of March pay cut not known, lowest pay grades will suffer least; domestic airlines have sought urgent funding from govt to pay 50% staff salaries for next three months

Valuation of Air India set to take a knock amid coronavirus outbreak

The aviation industry is expected to make a loss of $67 billion in 2020 and several airlines are expected to file for bankruptcy in the coming months

Airlines may ground 68% planes amid coronavirus outbreak, says govt

The firms currently have 633 aircraft and the government said they would operate only 200 of these

Covid-19: Asian airlines face revenue shortfall of over $60 bn this year

AAPA urged all governments to take immediate action to address the societal impact of the world's worst public health crisis in a century

Coronavirus outbreak could make airlines bankrupt by May-end: CAPA

Many airlines have probably been driven into technical bankruptcy or substantially breached debt covenants already, Sydney-based consultancy CAPA Centre for Aviation warned in a statement Monday

DGCA asks airlines to waive cancellation fees over Coronavirus outbreak

The aviation regulator issued the advisory as customers have been forced to cancel travel on government orders but are unable to claim a full refund from airlines because of fare rules

Seat capacity drops up to 100% on China, SE Asian routes over Coronavirus

There are 30 international airports in the country and on an average, these aerodromes receive about 70,000 international passengers

Airports Authority of India to raise $300 mn to fund new infrastructure

The airport authority aims to spend a minimum of Rs 5,000 crore each year on the infrastructure in line with the government's announcement that 100 new airports will be developed in five years

AIESL to maintain Pratt & Whitney's geared turbofan engines in India

The US-based aircraft engine maker Pratt & Whitney on Thursday announced that Air India's arm AIESL will maintain the company's geared turbofan (GTF) engines in the country. At present, Pratt & Whitney (P&W) has more than 700 aircraft in service in India, including more than 150 GTF-powered A320neo family aircraft. A320 neo planes have been grappling with snags for nearly four years. A substantial number of such neos are operated in India by IndiGo and GoAir. P&W has already a tie-up with Air India Engineering Services Ltd (AIESL) for maintenance of its 4056 engine model. These engines power Boeing 747-series aircraft. AIESL will service PW1100G-JM engines at its facility in Mumbai, P&W, which is a part of the United Technology Corporation (UTC), said in a release. PTI had reported it last week that P&W had signed an agreement with AIESL for its engine maintenance services in India. With AIESL performing maintenance on our high-tech GTF engines, we are excited .

Delhi HC seeks response of Centre, DGCA, IndiGo, on grounding of A320neo

The plea has alleged that despite being aware of "significant technical issues with Airbus A320neo," neither MCA nor the DGCA have taken any concrete steps to ground these aircraft

Vistara unveils India's 1st Boeing 787-9 Dreamliner with 30 biz class seats

The statement informed that Vistara's new cabin products in Business, Premium Economy and Economy are designed to suit the preferences of today's global citizens

Vistara takes delivery of its first Boeing B787-9 Dreamliner aircraft

The new aircraft is the first of the six that Vistara has purchased from Boeing

To improve flight safety, DGCA to screen pilots for consumption of drugs

A medical review officer will be appointed to review the results before taking action on the person involved

CCI sees no evidence of collusion by IndiGo, others in price fixing: Report

CCI in 2015 ordered a probe into allegations of anti-competitive practices after similar fares were being offered on certain routes by IndiGo, SpiceJet , GoAir, state-run Air India and Jet

SpiceJet to launch 20 new flights for daily services on domestic routes

The new flights, starting from March 29, include services to Patna from Amritsar, Varanasi and Guwaha

Engine of GoAir flight catches fire during takeoff; all passengers safe

The number of persons on board, however, could not be immediately known