Page 11 - Aviation Sector

SpiceJet shows interest in acquiring bankrupt carrier Go First: Report

The lenders of Go First have been contemplating liquidation as they think it will lead to a better recovery as compared to selling it

Go First resolution professional, lessors in talks to maintain aircraft

Advocate Diwakar Maheshwari, appearing for the RP, told the court that they are in talks with the lessors, one of which is SMBC Aviation Capital, to maintain the aircraft

DGCA gives women wings: Plans 2024 framework to boost participation

About 15 per cent of Indian pilots are women, the highest globally. Vikram Dev Dutt noted that within the DGCA, 11 per cent of the workforce consists of women

Airbus Helicopters partners with Indamer for fleet servicing, maintenance

Airbus Helicopters, a part of the European aviation major Airbus, on Friday said it has partnered with domestic MRO operator Indamer for servicing its helicopter fleet in India. Under this arrangement, Indamer will provide Maintenance, Repair and Overhaul (MRO) services for the rotor-wing aircraft at its facilities in Mumbai, New Delhi and Nagpur, Airbus Helicopters said in a statement. In addition to these three, Indamer also has a MRO facility in Pune. The MRO will provide faster turnaround for servicing and help create an efficient after-market experience for the Airbus Helicopters customers not only in India but also in the wider South Asia region, it said. The tie-up will give a significant boost to the development of the helicopter MRO ecosystem in the country, it added. "Building and supporting a sustainable end-to-end rotary-wing (helicopter) aviation ecosystem in India is key for Airbus Helicopters. With Indamer, we aim to cater to our growing fleet in India and the futur

NCLT grants time to SpiceJet till Jan to explore settlement with lessor

The NCLT on Monday dismissed Willis Lease Finance's plea to initiate insolvency against SpiceJet over unpaid dues due to some technical defects in their plea

SpiceJet board considering raising fresh capital by issuing equity shares

Budget airline tells BSE about its plan; told court earlier it's 'struggling to stay afloat'

India's goal to clean up transport with sustainable aviation fuel

Around the world, more than 360,000 flights have already been powered by SAF

US wants to require drug testing for foreign aviation-repair stations

The proposed rule would impact approximately 977 repair stations in 65 countries, ensure "employees are held to the same high level of safety standards regardless of where they are physically located"

Flight to sustainability

Sustainable aviation fuel has promise

In a first, Richard Branson looks to fly on sustainable fuel in latest dare

Branson is participating in the first flight of a commercial aircraft across the Atlantic powered entirely by sustainable aviation fuel, beating arch-rival British Airways to the punch

Don't see India turning into a duopoly market: Air India CEO & MD Wilson

'With a much enlarged fleet, we are going to have facilities of that scale and quality to support that fleet... '

Christmas Comes Early: Air India Express offering 30% discount on tickets

Last month, the airline announced that in the next one year, it is aiming to double its number of pilots

NCLT extends insolvency process of grounded airline Go First by 90 days

The tribunal has also asked the resolution professional (RP) of the airline to submit a 90-day action plan

Domestic air traffic touches new peak with 4,59,526 passengers on Nov 20

For the third straight day, the country's domestic air traffic touched a new peak on Monday as airlines carried 4,59,526 passengers. With the traffic numbers touching a fresh single-day record on Monday (November 20), the civil aviation ministry said that post-Covid, India's domestic aviation turnaround story has not just been overwhelming but inspiring as well. "Positive attitude, progressive policies, and deep trust among passengers are taking it to new heights with every flight, every day," the ministry said in a post on X. On November 20 (Monday), there were 4,59,526 passengers and the total flight movements stood at 5,958, as per the latest official data. The count of domestic air passengers was at 3,94,07 and the number of flight movements was 5,468 on November 20, 2022. Sharing a graphic of the figures, the ministry said, "India's domestic aviation touching new skies, daily". Civil aviation minister Jyotiraditya Scindia on Tuesday said, "Another day, another record!". In

Delhi airport passenger traffic between April-October highest ever: GMR

In October, the Indira Gandhi International Airport handled the highest monthly traffic yet in FY24 at 6.08 million

Foreign airlines see India's potential as global aviation hub for APAC

Executives at Japan Airlines and Thai Airways see India as a transit hub to connect Asia Pacific with West Asia and Africa

Diwali eve: Mumbai airport handles record 1,032 flights on November 11

The airport surpassed its previous record of 1,004 flight movements registered on December 9, 2018

Dominance and vibrancy: Is Indian business getting oligopolistic?

With cash in the bank and low debt, the bigger players may establish their dominance in markets that require scale, but that does not seem to mean smaller companies will do poorly, writes T N Ninan

Go First lenders to challenge move that could let lessors reclaim planes

India last month tweaked its laws to exclude leased aircraft from assets that are frozen during bankruptcy proceedings

New national policy may turn India's airports into global transit hubs

If enacted, the policy will address challenges such as double security checks and immigration bottlenecks to better streamline travel