Business Standard

Page 3 - Aviation Sector

Aviation minister pitches for sustainable practices, regional connectivity

Civil Aviation Minister K Rammohan Naidu on Monday pitched for sustainable practices in the aviation industry, including the use of sustainable aviation fuel. As part of boosting regional air connectivity, the civil aviation ministry has also identified around 106 airports and airstrips that can be developed for regional flight operations. Naidu said sustainable aviation practices should be promoted that will help in reducing overall carbon emissions and mentioned that some airports are already carbon neutral. Speaking at the conference organised by industry body Ficci, Naidu also said efforts are on to ensure that 1 per cent of SAF (Sustainable Aviation Fuel) is blended with jet fuel for international commercial flights by 2027 and then increase the SAF quantum to 2 per cent by 2028. The global framework for using SAF has been set out by ICAO (International Civil Aviation Organization) under which international flights should use jet fuel blended with at least 1 per cent SAF by ..

Aviation minister pitches for sustainable practices, regional connectivity
Updated On : 09 Sep 2024 | 4:26 PM IST

Malaysia Airlines plans to bring flights to more non-metro cities in India

Malaysia Airlines plans to fly to more non-metro cities in India as well as increase the frequency of flights to Ahmedabad and Trivandrum, a senior airline official said on Friday. The carrier, part of the Malaysia Aviation Group (MAG), currently connects nine Indian cities with Kuala Lumpur and operates 71 weekly flights to India. Dersenish Aresandiran, Chief Commercial Officer of Airline Business at MAG, said Malaysia Airlines plans to increase frequencies to Ahmedabad and Trivandrum. The airline also plans to operate to more non-metro cities in India where there are no restrictions due to bilateral flying rights, he told PTI on the sidelines of a briefing here. The bilateral flying rights between India and Malaysia, based on the number of seats airlines from either side can operate, is mostly utilised for metro routes in India. So, Malaysia Airlines can have more services to non-metro cities in the country as there are no restrictions of the bilateral flying rights. Currently,

Malaysia Airlines plans to bring flights to more non-metro cities in India
Updated On : 06 Sep 2024 | 5:44 PM IST

Here's what airlines are doing in response to Cathay's A350 engine failure

Qatar Airways said the issue had no impact on its 24 A350-1000 aircraft and it would continue to monitor any developments

Here's what airlines are doing in response to Cathay's A350 engine failure
Updated On : 05 Sep 2024 | 11:48 AM IST

Over 1,000 new jobs for skilled aviation engineers in India: Air India CEO

The Air India's Maintenance, Repair and Overhaul facility being built in Bengaluru is not only expected to generate over 1,200 new job opportunities for skilled aviation engineers in India, but it will also create seven times more indirect jobs for the local population, said Air India CEO and managing director Campbell Wilson on Wednesday. The ground-breaking ceremony for the MRO facility on a 35-acre land parcel at the Bangalore International Airport was held this morning. Gunjan Krishna, Commissioner for Industrial Development & Director, Department of Industries & Commerce, Government of Karnataka, Hari Marar, Managing Director and CEO of Bangalore International Airport Limited (BIAL), Chin Yau Seng, CEO, SIA Engineering Company as well as the senior leadership team of Air India, including Wilson participated. Earlier this year, Air India signed a Memorandum of Understanding with the Karnataka government to establish the MRO facility in Bengaluru. "Studies have found that ..

Over 1,000 new jobs for skilled aviation engineers in India: Air India CEO
Updated On : 04 Sep 2024 | 6:54 PM IST

Airfares rise as competition fades on domestic routes, shows data

Competition present on only 31% of domestic routes in April 2024, data show

Airfares rise as competition fades on domestic routes, shows data
Updated On : 26 Aug 2024 | 11:28 PM IST

SpiceJet's domestic market share falls to 3.1% in July, shows DGCA data

SpiceJet had recorded a market share of 16 per cent in March 2020, just before COVID-19 spread across India. The airline has been recording losses for the last six years

SpiceJet's domestic market share falls to 3.1% in July, shows DGCA data
Updated On : 19 Aug 2024 | 10:09 PM IST

SpiceJet Q1 results: Net profit drops 20% to Rs 158 cr due to fewer flights

Airline said it has initiated process of raising Rs 3,000 crore through QIP

SpiceJet Q1 results: Net profit drops 20% to Rs 158 cr due to fewer flights
Updated On : 14 Aug 2024 | 10:53 PM IST

Garuda Aerospace enters Sri Lankan market to target agricultural sector

Cricketer M S Dhoni-backed drone technology firm Garuda Aerospace on Monday announced its entry in the Sri Lankan market where it will primarily target agricultural sector to enhance farming practices, besides exploring opportunities in homeland security and industrial applications. As part of the company's global expansion plans, the foray into Sri Lanka will also support Garuda in capitalising on the country's strategic location and drone-friendly regulatory environment, Garuda Aerospace said. The company said it is looking to spread its presence in at least 50 countries over the next few years, and has set aside USD 10 million, of the over Rs 100 crore revenue it delivered in FY24, to fuel the international growth. "This (expansion into Sri Lanka) isn't merely about growth, it's about unlocking the full potential of drone technology to create substantial impacts across various sectors. Sri Lanka's diverse landscape allows us to showcase how our innovative solutions can bring ...

Garuda Aerospace enters Sri Lankan market to target agricultural sector
Updated On : 12 Aug 2024 | 8:20 PM IST

Bhartiya Vayuyan Vidheyak to address discrepancies in aviation law: Govt

The government on Thursday said the Bhartiya Vayuyan Vidheyak Bill 2024, which seeks to replace the 90-year-old Aircraft Act, would address the current discrepancies in the aviation law and help the industry grow. Speaking during a discussion on the Bill in the Lok Sabha, Aviation Minister Kinjarapu Rammohan Naidu underscored the need for the new legislation, noting that the Aircraft Act, 1934 has become outdated due to its numerous amendments over the years. The Bill, which was introduced in the Lok Sabha on July 31, is intended to "regulate various aspects of the aviation industry, including the design, manufacture, maintenance, operation, and sale of aircraft". Naidu explained that the 1934 Act had undergone 21 amendments, resulting in ambiguities and contradictions, particularly regarding the powers and functions of internal organizations like the Directorate General of Civil Aviation (DGCA). He pointed out that these issues have created confusion within the aviation sector, ..

Bhartiya Vayuyan Vidheyak to address discrepancies in aviation law: Govt
Updated On : 08 Aug 2024 | 7:05 PM IST

GST notices to foreign airlines could hurt India's aviation potential: IATA

The DGGI has sent show cause notices to airlines such as Emirates, Singapore Airlines, Lufthansa, British Airways, Oman Air and five others

GST notices to foreign airlines could hurt India's aviation potential: IATA
Updated On : 06 Aug 2024 | 9:44 PM IST

India needs more than 2 major airlines, says IndiGo's Rahul Bhatia

IndiGo will never be found guilty of gouging customers, he added

India needs more than 2 major airlines, says IndiGo's Rahul Bhatia
Updated On : 05 Aug 2024 | 10:42 PM IST

Committed to making India a regional MRO hub: Boeing Defence India MD

Parent company Boeing leveraging Indian assets for cutting-edge R&D, investing to meet growing demand for new pilots in South Asia

Committed to making India a regional MRO hub: Boeing Defence India MD
Updated On : 05 Aug 2024 | 7:58 PM IST

IndiGo Q1 FY25 results: Net profit declines 11.7% to Rs 2,728.8 crore

The airline's chief financial officer Gaurav Negi said that about 70 IndiGo planes are currently grounded

IndiGo Q1 FY25 results: Net profit declines 11.7% to Rs 2,728.8 crore
Updated On : 27 Jul 2024 | 12:00 AM IST

Flight ops at Mumbai airport see temporary disruption due to heavy rains

IndiGo informed passengers about delays while advising them to check their flight status

Flight ops at Mumbai airport see temporary disruption due to heavy rains
Updated On : 25 Jul 2024 | 9:48 PM IST

Tata, Airbus sign contract to establish H125 Final Assembly Line in India

Airbus Helicopters and Tata Advanced Systems have made great progress in determining the FAL's location, which will be announced shortly

Tata, Airbus sign contract to establish H125 Final Assembly Line in India
Updated On : 23 Jul 2024 | 6:29 PM IST

SpiceJet to raise $360 mn by selling securities to restore normalcy

The company will issue shares to institutional investors, it said in an exchange filing, without disclosing the price at which they would be sold

SpiceJet to raise $360 mn by selling securities to restore normalcy
Updated On : 23 Jul 2024 | 2:32 PM IST

Microsoft outage disrupts aviation in India; other services unaffected

IndiGo, India's largest airline, reported the cancellation of at least 192 flights over Friday and Saturday

Microsoft outage disrupts aviation in India; other services unaffected
Updated On : 19 Jul 2024 | 11:56 PM IST

Air India's Delhi to San Francisco flight diverted to Russia due to glitch

According to the information, the aircraft has landed safely and airline officials are working with relevant authorities to ensure guests are taken care of until the next course of action is decided

Air India's Delhi to San Francisco flight diverted to Russia due to glitch
Updated On : 18 Jul 2024 | 11:35 PM IST

SpiceJet posts net loss for sixth consecutive year amid ongoing cash crunch

SpiceJet said that due to its operational and financial position, it has deferred payments to various parties, including lessors, vendors, and statutory authorities

SpiceJet posts net loss for sixth consecutive year amid ongoing cash crunch
Updated On : 15 Jul 2024 | 8:59 PM IST

Airbus expects China, India to drive jet sales in next two decades

Carriers in India have loaded up on new plane orders as demand for flying soars with a growing middle class

Airbus expects China, India to drive jet sales in next two decades
Updated On : 15 Jul 2024 | 1:14 PM IST