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Tuesday, May 18, 2021
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Noida International Airport awaits land transfer from state, aims ops by Q3 2024

December 19, 2020 2:18:12 am

YIAPL, a fully-owned unit of Zurich Airport International, has been awarded the project to develop the Greenfield airport in Greater Noida, the concession agreement for which was signed on October 7.

Flyers in cargo plane: DGCA to probe GoAir

December 18, 2020 3:05:18 am

Confirming the development, a senior official at the Directorate General of Civil Aviation (DGCA) said the aviation safety regulator was looking into the matter.

CA, insurance agent, now Air India bidder…a trail of many questions

December 17, 2020 1:37:17 pm

Information accessed from the Registrar of Companies shows that Palaypu has been a director in three companies. Two of these, Lakhi Investment Management Services and ISBN Securities Pvt Ltd, have already been struck off.

As Air India bids close, Tatas and consortium led by staff in fray

December 15, 2020 7:29:54 am

According to sources, the Tata Group has submitted an official expression of interest for the airline although the bid has not been placed through its affiliate airlines, Vistara or AirAsia India. A Tata Group spokesperson declined comment.

Tata Sons among multiple bidders in race to buy Air India

December 14, 2020 8:17:51 pm

"Multiple expressions of interest have been received for strategic disinvestment of Air India. The Transaction will now move to the second stage," Department of Investment and Public Asset Management (DIPAM) Secretary Tuhin Kanta Pandey tweeted.

Air India gets reprieve in UK court over aircraft lease payments

December 12, 2020 7:54:45 pm

The hearing, held remotely at the Commercial Court division here on Friday, involved unpaid dues of over USD 17.6 million to China Aircraft Leasing Company Limited (CALC) as part of an aircraft lease agreement for rent and maintenance.

What is the status of travel restrictions in various countries

December 9, 2020 8:33:31 pm

While many countries have opted for “air bubble” arrangements among each other, some countries have put a condition before travelers that they must be vaccinated against the coronavirus before they can fly.

Jet Airways may resume operations next year

December 8, 2020 3:05:02 am

Announcing the revival, the promoters said the “Jet 2.0 programme is aimed at reviving the past glory of Jet Airways” with a fresh set of processes and systems to ensure greater efficiency and productivity across all routes.

IndiGo promises 100% disbursement of credit shells by January 31

December 7, 2020 1:26:24 pm

Indigo said it has been actively clearing payments against all pending credit shells since it resumed operations in May. Approximately Rs 1,000 crore or 90% of the refunds have been credited so far, the company said.

Divestment: Air India official seeks employees’ contribution, unions ask them to stay away

December 6, 2020 1:21:38 am

However, some employee unions of the loss-making national carrier have already thwarted the plan by asking their members not to participate or acknowledge the process.

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Domestic flight capacity of airlines raised to 80% of pre-Covid levels

December 4, 2020 10:57:31 am

Domestic flights India covid rules: This will help airlines in adding more flights on existing as well as new sectors as flight operations inch towards normalcy.

Government increases domestic flights’ cap to 80% of pre-COVID levels

December 3, 2020 4:41:36 pm

The minister had said on November 11 that the Indian airlines can operate up to 70 per cent of their pre-COVID domestic passenger flights due to the prevailing demand amid the coronavirus situation.

Airlines face ‘mission of the century’ in shipping vaccines

November 30, 2020 2:10:30 pm

Lufthansa, one of the world’s biggest cargo carriers, began planning in April in anticipation of the shots that Pfizer Inc to Moderna Inc and AstraZeneca Plc are developing in record time.

Kerala moves SC against Centre's decision to lease Thiruvananthapuram airport to Adani Enterprises

Kerala moves SC against Centre’s decision to lease Thiruvananthapuram airport to Adani Enterprises

November 24, 2020 8:36:28 pm

The Left Democratic Front (LDF) government has filed the appeal challenging the Kerala High Court which dismissed the plea on October 19 on the grounds that it was directed against the privatization policy of the Centre and hence devoid of merits.

Boeing CEO says company understands 'lives depend' on plane safety

EU aviation watchdog sees Boeing 737 Max approval in January

November 22, 2020 7:41:48 am

EU approval will mark a milestone in Boeing’s effort to return the Max to service outside the US, after the Federal Aviation Administration granted final clearance for the jet’s return this week.

Hong Kong bans flights from India for 5th time, now till Dec 3

November 21, 2020 11:15:00 am

Flights from India to Hong Kong have been barred for a fortnight on four prior occasions in the last three months — every time after passengers carried by Air India tested positive for coronavirus upon arrival.

Former Boeing employee who warned about 737 problems will testify at hearing

Boeing’s comeback from covid crisis hinges on tarnished 737 Max

November 19, 2020 10:38:11 am

US regulators on Wednesday cleared the Max to fly again, ending a 20-month grounding that was punctuated by damaging revelations, executive-suite turmoil and eye-watering cash consumption.

US clears Boeing 737 MAX return; will study order and then react, says DGCA

November 19, 2020 2:14:28 am

In India, the Directorate General of Civil Aviation (DGCA), however said it will study the FAA’s order and react accordingly.

VK Mathews: ‘Problem of Indian aviation is not the costs, it’s the price’

November 19, 2020 2:08:27 am

Typically, airlines in India have not been paying a lot of attention to buying the latest and best technologies.

AirAsia Group reviewing investment in Indian business

November 18, 2020 1:09:10 am

In a statement, Bo Lingam, president (Airlines) of AirAsia Group, said the company’s Japan and India businesses have been “draining cash”, causing the group “much financial stress”.

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AirAsia flags cash drain in India after Japan unit goes bust

November 17, 2020 6:31:09 pm

AirAsia Japan Co. filed for bankruptcy with the Tokyo District Court, after flagging last month it would cease operations in the country as the coronavirus pandemic that’s wiped out travel globally took its toll.

‘Learned valuable lessons about demand, scope for CarGo; will serve us well’

November 17, 2020 3:34:38 am

He added that IndiGo has already transported cargo equivalent to the loads carried in the last financial year, within the last five months at limited capacity.

Silver lining on Covid cloud: Amid fewer passenger flights, cargo ops boost airline revenues

November 16, 2020 1:54:14 am

A recent ICICI Securities report noted that capacity reduction has resulted in air freight rates rising by 30-60% on some routes globally, and even in India a rate hike of 7-15% was seen.

A third of the world’s air routes have been lost due to Covid-19

November 13, 2020 10:14:58 am

In late January, 47,756 operational routes criss-crossed the world, more than half of them in the US, Western Europe and Northeast Asia. By November 2, there were just 33,416 routes on global schedules, the data show.

Air India invites bids for raising Rs 6,150 crore to repay aircraft debt

November 12, 2020 10:01:58 am

Notably, the government has agreed to guarantee these loans, which comes as a huge relief to the loss-making airline in its effort to meet financing requirements prior to getting privatised.