Page 4 - Aviation Sector

Boeing considers temporary layoffs to save cash during strike by machinists

The company said moves, which include reduced spending on suppliers, were necessary because our business is in a difficult period

Boeing strike could drag on as workers push for higher wages: Union leader

Boeing and negotiators are due to return to bargaining table next week, in talks overseen by US federal mediators, after more than 94 per cent of workers voted to reject the endorsed contract offer

Boeing workers vote on whether to strike, shut down aircraft production

Boeing waited to learn Thursday whether 33,000 aircraft assembly workers, most of them in the Seattle area, are going on strike and shutting down production of the company's best-selling planes. Members of the International Association of Machinists and Aerospace Workers were voting on whether to approve a contract offer that includes 25% pay raises over four years. If the factory workers reject the contract and two-thirds of them vote to strike, a work stoppage would begin Friday at 12:01 a.m. PDT. A walkout would not cause flight cancellations or directly affect airline passengers, but it would be another blow to Boeing's reputation and finances in a year marked by problems in its airplane, defense and space operations. New CEO Kelly Ortberg made a last-ditch effort to avert a strike, telling machinists Wednesday that no one wins in a walkout. For Boeing, it is no secret that our business is in a difficult period, in part due to our own mistakes in the past, he said. Working ...

Efforts on to make India global aviation hub, build aircraft: KR Naidu

Highlighting the aviation sector's growth potential, Union minister K Rammohan Naidu on Wednesday said efforts are on to make India a global aviation hub as well as to start manufacturing aircraft in the country. With Asia-Pacific region poised to lead global aviation growth, Naidu said strategic investments in infrastructure and collaboration amongst the regional stakeholders is critical to achieving sustainable growth across the sector. Speaking at the second Asia Pacific Ministerial Conference on Civil Aviation in the national capital, Naidu emphasised on three elements -- infrastructure, integration and innovation -- for the sector's growth. "My ministry is working with the vision of establishing a seamless aviation landscape in the country, integrating helicopters and seaplane operations alongside wide-body aircraft under the regional connectivity scheme UDAN," he noted. India is one of the world's fastest growing civil aviation markets and the fleet size of domestic carriers

Delhi airport climbs to 24th in megahub rankings, Mumbai falls to 44th

Globally, the top five megahubs are London Heathrow, Kuala Lumpur International, Tokyo-Haneda, Amsterdam Schiphol, and Seoul's Incheon Airport

GMR Airports buys Fraport's shares, raises stake in Delhi airport to 74%

The deal comes just over a month after heavy rainfall caused the airport's roof to collapse killing one person and shutting down a busy domestic terminal

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 ..

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,

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

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 ..

Airfares rise as competition fades on domestic routes, shows data

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

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 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

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 ...

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, ..

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

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

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

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

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

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