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Page 10 - Aviation

Alaska Air cuts full-year profit view as rising labour costs cast shadow

Excluding items, Alaska Air reported quarterly profit of $1.83 per share, missing analysts' average estimate of $1.87, according to LSEG data

Alaska Air cuts full-year profit view as rising labour costs cast shadow
Updated On : 19 Oct 2023 | 5:12 PM IST

DGCA issues amended norms for operating powered hang gliders

Aviation regulator DGCA has issued amended norms for operating powered hang gliders in the country. Now, a person cannot fly a powered hang glider without being authorised by a DGCA approved examiner/ instructor. Besides, the examiner/ instructor should be a person who has done 50 hours on a powered hang glider and has at least 10 hours on a dual machine. "Such approved examiner/ instructor shall check out and authorise other persons to fly," the Directorate General of Civil Aviation (DGCA) has said. Certain changes have been made by the watchdog to the Civil Aviation Requirement (CAR) pertaining to 'Manufacture, Registration and Operation of Powered Hang Gliders'. Among others, DGCA has said that no person shall carry out a test flight on a powered hang glider unless the person meets certain requirements. The person should be a pilot holding valid CPL with 25 hours of flying experience on a powered hang glider or holding authorisation with 50 hours of flying experience on a powe

DGCA issues amended norms for operating powered hang gliders
Updated On : 18 Oct 2023 | 11:07 PM IST

A-I Express unfurls new logo, livery; to induct 50 planes in 15 months

Air India Express said it has a fleet of 58 aircraft comprising 28 Boeing 737s and 28 Airbus A320s

A-I Express unfurls new logo, livery; to induct 50 planes in 15 months
Updated On : 18 Oct 2023 | 11:03 PM IST

IndiGo launches flights to 20 international destinations in last six months

The international flights include new routes and the resumption of flights within the airline's network

IndiGo launches flights to 20 international destinations in last six months
Updated On : 17 Oct 2023 | 7:25 PM IST

Spicejet, lessor reach interim settlement, next hearing in February

SpiceJet is supposed to pay over $2 million to the engine lessor by January according to settlement terms

Spicejet, lessor reach interim settlement, next hearing in February
Updated On : 16 Oct 2023 | 7:10 PM IST

Wadias likely to leave Go First, show no intent to bid for grounded airline

Cash-strapped Go First filed for bankruptcy in May, blaming 'faulty' Pratt & Whitney engines for the grounding of about half its fleet

Wadias likely to leave Go First, show no intent to bid for grounded airline
Updated On : 13 Oct 2023 | 10:17 AM IST

Wadia Group to stay away from Go First insolvency process: Report

A third source involved in the insolvency process said while the law does not prohibit the Wadia Group from joining the process at a later stage, there was no current indication it would do so

Wadia Group to stay away from Go First insolvency process: Report
Updated On : 12 Oct 2023 | 5:59 PM IST

On-time performance of all Indian carriers falls in September, shows data

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

On-time performance of all Indian carriers falls in September, shows data
Updated On : 10 Oct 2023 | 10:19 PM IST

Pilot exodus: Akasa stops flights on 8 routes, reduces service on 10 others

The airline's spokesperson said that the airline is poised to take delivery of additional aircraft from Boeing in the remainder of 2023-24

Pilot exodus: Akasa stops flights on 8 routes, reduces service on 10 others
Updated On : 04 Oct 2023 | 10:44 PM IST

Delay looms over Go First's revival as another bench will now hear matter

The bench highlighted that since the requests made by all involved parties were based on similar grounds, a fresh bench could determine the outcomes

Delay looms over Go First's revival as another bench will now hear matter
Updated On : 04 Oct 2023 | 8:54 PM IST

Lenders of Jet Airways question source of revival infusion by JKC

Say payment not in compliance with resolution plan; consortium questions lenders' intent to transfer airline's ownership

Lenders of Jet Airways question source of revival infusion by JKC
Updated On : 04 Oct 2023 | 8:13 PM IST

PM Gatishakti: 3 upcoming airports on fast track to get rail connectivity

Union Civil Aviation Minister Jyotiraditya Scindia and Railways Minister Ashwini Vaishnaw have been coordinating in recent months on these projects

PM Gatishakti: 3 upcoming airports on fast track to get rail connectivity
Updated On : 02 Oct 2023 | 11:59 PM IST

Global aviation leasing body downgrades India in light of Go First case

With AWG's downgrade, it is probable that lessors will increase the aircraft leasing rates for Indian carriers

Global aviation leasing body downgrades India in light of Go First case
Updated On : 25 Sep 2023 | 10:30 PM IST

Aviation services provider Celebi may invest $80 million in next 4 years

Aviation services provider Celebi India may invest around USD 80 million in the business in the next four years as it eyes more airports besides enhancing cargo capacity, a top company executive has said. The company, which offers ground handling services and cargo operations, also plans to switch to an all-electric fleet across the airports it renders services at present, according to Murali Ramachandran, President for India & S-E Asia at Celebi Aviation Holdings, said. The company currently has the mandate to provide ground handling services at nine airports -- Delhi, Mumbai, Chennai, Bengaluru, Hyderabad, Cochin, Ahmedabad, Mopa (Goa) and Kannur -- and handle cargo operations at Delhi airport through a joint venture with Delhi International Airport Ltd (DIAL). "Celebi has already invested around USD 250 million (since its entry in the Indian market in 2007). In terms of expected investment, we will be adding USD 28 million in ground handling in the next four years. Around USD ..

Aviation services provider Celebi may invest $80 million in next 4 years
Updated On : 24 Sep 2023 | 8:48 PM IST

Green deposits, corrosion on leased planes, Go First lessor tells Delhi HC

The Delhi High Court reserved its orders in three applications filed by aircraft lessors of the airline seeking permission to maintain their aircraft

Green deposits, corrosion on leased planes, Go First lessor tells Delhi HC
Updated On : 22 Sep 2023 | 9:23 PM IST

SpiceJet completes payment of Rs 100 crore to KAL Airways Private Limited

The Delhi High Court on August 24 told CMD Singh to pay Rs 100 crore dues to Maran by September 10

SpiceJet completes payment of Rs 100 crore to KAL Airways Private Limited
Updated On : 12 Sep 2023 | 9:50 PM IST

Gati Shakti varsity, Airbus ink pact to train students for aviation sector

Indian Railways' Gati Shakti Vishwavidyalaya and Airbus on Thursday inked a pact to collaborate in the fields of research, teaching, and training of students to deepen understanding of scientific, technological, and management topics pertaining to the aerospace sector. The Memorandum of Understanding was signed by Rmi Maillard, President and Managing Director, Airbus India and South Asia, and Manoj Choudhary, Vice-Chancellor, Gati Shakti Vishwavidyalaya (GSV), in the presence of Railway Minister Ashwini Vaishnaw and Railway Board Chairperson and CEO Jaya Varma Sinha. "GSV will focus on intense industry-academia partnerships. All its courses will be designed in collaboration with industry. The students who study at GSV will be industry-ready. They will be highly sought after for employment in the transportation and logistics sectors," Vaishnaw said. The Airbus-GSV MoU will lead to the starting the 'aerospace major' B-Tech course at the Gati Shakti Vishvavidyalaya which will train ...

Gati Shakti varsity, Airbus ink pact to train students for aviation sector
Updated On : 07 Sep 2023 | 9:04 PM IST

Adani, Emirates, Tata interested in SriLankan Airlines, claims report

Private companies, including Tata Sons, Adani Group, and Emirates, engage in discussions as the Sri Lankan government looks to privatise SriLankan Airlines

Adani, Emirates, Tata interested in SriLankan Airlines, claims report
Updated On : 07 Sep 2023 | 2:32 PM IST

Domestic, short-haul international: A-I Express unveils vision after merger

AirAsia India operates only domestic flights while 95 per cent of Air India Express's flights are between India and the Gulf region

Domestic, short-haul international: A-I Express unveils vision after merger
Updated On : 04 Sep 2023 | 8:59 PM IST

IndiGo likely to set up aircraft leasing unit at Gujarat's GIFT City

For this, it will invest Rs 30 cr over 3 yrs; orders 10 more Airbus A320neo planes

IndiGo likely to set up aircraft leasing unit at Gujarat's GIFT City
Updated On : 04 Sep 2023 | 8:50 PM IST