Air India has ordered 470 aircraft to serve the Indian economy and is set to receive a new aircraft every six days over the next 18 months, CEO and MD Campbell Wilson said on Friday. He was speaking at the 67th Assembly of Presidents of the Association of Asia Pacific Airlines here. We have new aircraft, we are recruiting many, many new crew and staff, improving the training regime and there is more work to do and we are making good progress, he said. Speaking at a session, Wilson said a vast majority of Air India customers want reliability and punctuality, and the challenge is to satisfy customers' requirements. Moreover, new aircraft are being put on international flights and most of the grounded planes have been restored, Wilson added. Tata-owned Air India has ordered 470 aircraft to serve the Indian economy which is growing at a compound annual growth rate (CAGR) of 8 per cent and it is set to receive a new aircraft every six days over the next 18 months, he said. He also exu
This is not the first time the DGCA has cracked down on flight training academies in the country
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
India Infrastructure Finance Company Limited (IIFCL) has sanctioned loans worth Rs 8,800 crore for airports and civil aviation infrastructure development in the country, its Managing Director PR Jaishankar has said. The government has an ambitious target to develop the civil aviation sector in the country, and to realise the dream, huge investment is required, he noted. "So far, the IIFCL has sanctioned loans of about Rs 8,800 crore with the disbursement of around Rs 4,000 crore for the development of airport projects," he told PTI. The company is one of the major financiers of airports in India and has supported airports with a total project outlay of about Rs 74,000 crore, he said, adding that IIFCL is present in almost all major airports of the country. Over the past few years, India has seen massive growth in the airport sector with increasing investments from both government and private sector, mainly due to a rising proportion of middle-income households, infrastructure build
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
India's fast-growing civil aviation market has the scope to have 130-150 more wide-body planes as airlines expand their operations and there is also the potential for more such aircraft to be deployed in dense domestic routes, GE Aerospace South Asia CEO Vikram Rai said. GE Aerospace, a leading aircraft engine maker, sees a "great potential" in India, which is also the world's third largest aviation market and domestic airlines have nearly 1,500 aircraft on order. While emphasising that "India is a focus market and a priority market for GE Aerospace", Rai said that in his view, domestic airlines would consider having more wide-body planes in their fleet and also deploy them in dense domestic routes. "I see wide-body aircraft as a growth path for us and the airlines which is a win-win (scenario)," he told PTI in a recent interview. Currently, India has around 700 commercial planes in operation and out of them, there are only about 50 wide-body aircraft. Air India has around 49 ...
An Air India flight from Kochi to Gatwick was on Sunday cancelled following a technical fault in the aircraft that was noticed just minutes before it was set to take off, an airline source said. The AI 149 flight, which was scheduled to take off with 252 passengers on board at 2.15 pm, returned from the taxiway at 2.30 pm and everyone was deboarded as the aircraft was checked for the cause of the technical fault, the airline source said. As the aircraft was not found fit to undertake the flight today, it was cancelled and those not wishing to reschedule their trip or avail of seats in other airlines were issued a full refund and an appropriate monetary compensation, the source said. "We are trying to accommodate passengers (those who do not want to cancel their tickets) on other airlines and have arranged hotel accommodations for them as well as those who are unable to return to their homes today," the source said. "Since Air India accords top priority to safety issues, our ...
There could be a more than $100 billion global market for such medicines, with sales climbing quickly through the end of the decade
With AWG's downgrade, it is probable that lessors will increase the aircraft leasing rates for Indian carriers
The fundraising plan could involve fresh equity issuances of $75-100 million each and is set to be carried out over the next 12-18 months
Akasa had told the court that they have cancelled 24 flights per day and they operate 120 flights per day
The Delhi High Court reserved its orders in three applications filed by aircraft lessors of the airline seeking permission to maintain their aircraft
Regulator takes action against Rajeev Gupta after two major safety violations at the airline in the last couple of months
The Directorate General of Civil Aviation (DGCA) is taking at least a couple of months to issue licences to trained pilots as the regulator is grappling with the shortage of staff at key positions, according to sources. After training, individuals need to obtain a Commercial Pilot Licence (CPL) to be eligible to fly commercial flights. Sources in the civil aviation ministry said that at present, a pilot has to wait for a couple of months to get his or her licence and the pendency time is likely to go up in the coming months. "The Directorate of Training and Licensing (DTL), under the Operations Department which deals with licensing, has a total of 129 sanctioned posts of assistant directors. Of those, 92 posts or almost 72 per cent of the total strength are lying vacant," one of the sources said. Till July 2022, the DGCA had only 72 sanctioned posts of assistant directors. In August 2022, the ministry created 57 new posts and the sanctioned strength rose to 129 positions. "However
The Delhi government on Tuesday issued a gazette notification on traffic restrictions imposed across the national capital in view of the upcoming G20 summit
After Go First suspended all flights from 3 May onwards, its passenger traffic shifted to other carriers, helping them achieve load factors of 90 per cent or higher in May and June
India is expected to have 42.5 crore air passengers by 2035 from the current level of 14.5 crore and that is the growth potential that international players can look at, Civil Aviation Minister Jyotiraditya Scindia said on Friday. The minister also said that the regional air connectivity has democratised civil aviation and has spawned four regional carriers. He highlighted the growth potential of the country's civil aviation sector and urged international players to "look at India". He was speaking at the International Aerospace Conference in Gwalior organised by industry body CII. According to him, the country is expected to have 42.5 crore air passengers by 2035 from the current 14.5 crore passengers. In July, domestic air traffic surged 25 per cent to 1.21 crore passengers compared to the year-ago period, as per official data. It is "imperative" to grow civil aviation as a service as well as a product, Scindia said and stressed that it is time for aerospace players to supplant
SpiceJet news: So far this calendar year, shares of SpiceJet have fallen 20 per cent, while they have tumbled 33.16 per cent over the last one year
Aviation watchdog DGCA has suspended simulator training activities for A320 pilots at Air India's facility in Hyderabad, close on the heels of suspending the training activities for Boeing pilots at the Tata Group-owned airline's facility in Mumbai, according to sources. The two decisions by the Directorate General of Civil Aviation (DGCA) in a span of just three days could pose operational challenges for Air India as currently the carrier cannot train narrow-body and wide-body pilots at its own training facilities. "The DGCA has now suspended the simulator training activities at Air India's facility for A320 pilots as well owing to certain lapses observed during an inspection," one of the sources told PTI on Wednesday. There was no comment from Air India on the regulator's decision. Regarding the inspection findings, a senior Air India official said that "whatever advice has been given by the regulator in its observations, we are looking into it and taking corrective measures". T