Page 11 - Aviation

Air India to deploy additional cabin crew on narrow body planes: CEO

An official from Air India clarified that narrowbody planes require more cabin crew members to deliver premium service

Haveus Aerotech signs MoU with HAL to explore biz opportunities in aviation

AircraftO services provider Haveus Aerotech India on Friday said it has signed an initial pact with Hindustan Aeronautics Ltd for exploring business opportunities in the civil aviation sector both in the domestic and international markets. The memorandum of understanding (MoU) signed with HAL Accessories Division Lucknow (ADL), which is into manufacturing of aircraft systems and accessories for aircraft, helicopters and engines, as per the statement. Under the collaboration, the two partners will share the experience and capabilities of each other relating to the needs of the civil aviation sector focusing on aerospace applications with a larger perspective of making India Atmanirbhar in the sector and furthering the Government's 'Make & Maintain in India' Policy, Haveus said. "The MoU would mutually help us to explore business opportunities nationally as well as internationally in the civil aviation sector, said Anshul Bhargava, Chairman and Managing Director of Haveus Aerotech ..

Pilots to unite to raise fatigue woes after colleague's pre-flight death

IndiGo, which operates 1,900 flights a day, said it has a comprehensive fatigue management system which tracks various parameters in line with international best practices

Gangwal family to sell Rs 3.7K crore IndiGo shares; block deal likely today

Offer floor price of Rs 2,400 per share is 6% discount to last closing price

Pakistan International Airlines may suffer Rs 11200 crore loss in 2023: CEO

Pakistan's cash-strapped national carrier PIA is expected to suffer a loss of Rs 112 billion this year and running the airline on a public-private partnership model is the only solution to turn it into a profitable organisation, its CEO has said. During a press briefing, Pakistan International Airlines' CEO Air Vice Marshal Amir Hayat pointed out that the national carrier sustained a total loss of Rs80 billion in 2022 because of old loans and interest payments, the Express Tribune reported. He said that the PIA had a debt of Rs 742 billion passed on to its current management. Hayat warned that if the airline was not restructured, its annual loss would reach Rs 259 billion (USD 900667) in 2030. We have drawn up a roadmap for this purpose, he said. He maintained that running the PIA on a public-private partnership basis was the only solution to turn the airline into a profitable and international standard organisation. The PIA CEO claimed that maximum reforms had been made in the .

May withdraw NCLAT appeal if Jalan-Kalrock deposits Rs 350 cr: Jet lenders

The appeal filed by the State Bank of India, the chief creditor to Jet Airways, is related to the transfer of the ownership of Jet Airways to the Jalan-Kalrock consortium

SC rejects Go First plea against Delhi HC nod to lessors to access planes

On August 3, the airline had moved to Supreme Court against the Delhi HC's order to allow lessors to inspect the aircraft

SpiceJet seeks shareholder approval for 5.91% stake transfer to Carlyle

Airline seeks shareholder approval for change in shareholding structure

IndiGo to set up LLP for venture capital investments in early stage firms

InterGlobe Aviation will set up a venture capital arm to make investments in early stage companies that are into aviation, consumer and allied sectors. The board of the company, the parent of the country's largest airline IndiGo, approved the incorporation of a Limited Liability Partnership (LLP) for venture capital investments on Wednesday. IndiGo's Chief Financial Officer Gaurav Negi said it will be going for regulatory approvals for setting up the LLP and that internal discussions are happening about the possible investments. He said the LLP will be set up with an initial investment of Rs 7 crore. "We are getting into venture capital arm side where we will be making early stage investments in early stage companies...," he said during a call with analysts after announcing the company's June quarter financials. The LLP will focus on "investment in startups operating in aviation, consumer and allied sectors such as travel & lifestyle, hospitality and transportation," a regulatory

UP has become identity of flourishing aviation sector in India: CM Yogi

In the year 2016-2017, 59.97 lakh passengers travelled by air while in 2022-2023, 96.02 lakh passengers travelled by air, said CM

IndiGo still battling Pratt & Whitney engine woes, 10% fleet grounded

All 33 grounded planes of IndiGo are powered by Pratt and Whitney engines

BCAS to launch aviation 'security culture week' for 1st time from July 31

All the aviation stakeholders like the Airports Authority of India, airlines, CISF and passengers will take part in security awareness week

NCLT gives green signal to Go First to fly aircraft if registered

The tribunal also denied requests of lessors to inspect the leased engines of the aircraft

Global aviation will need 2.3 mn new personnel in 20 years: Boeing study

Commercial aircraft fleets will double in 20 years, says US plane manufacturer in forecast

Aviation regulator removes SpiceJet from enhanced surveillance regime

Airline has taken 'suitable maintenance action', says DGCA after checking its fleet

Air India launches new programme to simplify purchased cabin upgrades

Air India passengers can choose these upgrades to premium cabins between 72 hours and 12 hours before a scheduled flight, subject to the availability of seats in the cabin

Supreme Court gives SpiceJet more time to pay dues to Credit Suisse

In 2011, the airline company had entered into a 10-year contract with a Swiss maintenance firm SRT Technics for the servicing of its aircraft

Expect sales to rise 25% in FY24 to nearly Rs 1,200 crore, says Aequs

The company supplies components for landing gear, engines, fuselage, and wings to top aerospace companies such as Airbus, Boeing, Safran, and Collins Aerospace

7 Adani-run airports in India handled 103% more passengers in FY23

The group runs airports in Mumbai, Ahmedabad, Lucknow, Mangaluru, Jaipur, Guwahati and Thiruvananthapuram

Aviation sector undertakes measures by ICAO for sustainable practices

The civil aviation ministry has advised all brownfield airports to work towards achieving 'carbon neutrality' and 'net zero', and to adopt carbon mitigation measures