"Big-5 grew not just at the expense of the smallest firms, but also of the next largest firms," Viral Acharya wrote
Lessors have moved application to repossess aircraft during legal proceedings, says company's lawyer
'Why not cancel your licence?' regulator asks Go First which has filed for insolvency
The celebrated engine-maker has landed in a controversy with Go First blaming it for its bankruptcy
Go has been facing financial challenges for a long time now. Earlier, it had sent its employees on long unpaid leaves
Engines are not the only problem for Go First
SpiceJet has 31 planes in 'storage', has mobilised around Rs 400 cr for getting them back in the air
Apart from IndiGo, Tata group-owned Air India, could be the second key beneficiary given its strong fleet and balance-sheet strength
A committee on bio-aviation turbine fuel programme, constituted by the petroleum & natural gas ministry, has submitted its report on promoting the use of clean fuel in aviation, the civil aviation ministry said on Friday, as it listed out various initiatives being taken to reduce carbon emissions. On Friday, the consultative committee of the civil aviation ministry, chaired by civil aviation minister Jyotiraditya Scindia discussed Sustainable Aviation Fuel (SAF) during a meeting that was attended by several Parliamentarians. The International Civil Aviation Organization (ICAO) is facilitating reduction of carbon emissions in civil aviation and its goals include achieving two per cent annual fuel efficiency improvement through 2050. India has committed to net zero by 2070 at COP26 to the United Nations Framework Convention on Climate Change (UNFCCC). "The Ministry of Petroleum & Natural Gas (MoPNG) has notified a National Policy on Bio Fuels 2018 to realise the goal of ...
Boeing has clarified that the planes already in service will not have an impact since this is not an immediate flight safety issue
A DGCA official stated that the minimum period of licence suspension in 2022 was one month and the maximum was three years
Category 1 status means that airlines of the country concerned can operate and expand their services to destinations in the US and can codeshare with US carriers
Interestingly, only 28% of the respondents felt that PDA was unacceptable
Union Minister Jyotiraditya M Scindia on Tuesday said the country's infrastructure sector is growing at a significant pace in areas such as roads, highways and civil aviation. Scindia, who is in charge of the ministries of civil aviation and steel, was speaking at the 8th National Leadership Conclave organised by the All India Management Association (AIMA) in the national capital. The government's thrust is on development of infrastructure and related sectors in the country. The PM Gati Shakti master plan is going to change the face of India's infrastructure, he said. "The infrastructure sector has had tremendous potential in driving the economic destiny of any country. If you look at the developed nations, their success has been driven by impetus on infrastructure. Therefore, there is the much needed impetus on infrastructure," he said. According to him, the country has made significant progress in the areas of roads, highways, railways and civil aviation, among other areas. When
Dubai was the only other Asian airport in the list with Chinese airports missing completely, given the Covid restrictions in China in 2022
The Union Civil Aviation Ministry during FY 2022-23 has disbursed nearly Rs 30 crore to 23 beneficiaries under the Production Linked Incentive (PLI) Scheme for drones and drone components
Civil Aviation Minister Jyotiraditya Scindia on Friday discussed capacity enhancement, security equipment and customs issues with airport operators, amid rising domestic air traffic. India is one of the fastest-growing aviation markets and air traffic is on the rise while airlines are also introducing flights on various domestic and international routes. In a tweet on Friday, Scindia said he met the Advisory Group on Airport Operators to deliberate on a range of issues, such as capacity enhancement, security equipment, and customs issues. "Given the positive trend of a surge in domestic traffic, we are working to ensure that the industry is ready to cater to this growth," he said. Currently, there are around 148 operational airports. During the summer schedule from March 26 till October 28, Indian airlines will be operating a total of 22,907 weekly domestic flights. As many as 11 airlines will be operating scheduled domestic services during this period. In February, domestic air
Order will be in effect between 12-2 p.m on April 1
All West Asian carriers have been asking for additional seats for several years, but India hasn't acquiesced, Bansal said
The disinvestment of Air India Engineering Services Ltd (AIESL), which is hopefully expected to go through in the next couple of months, will augur well for the country's civil aviation industry, a top government official said on Tuesday. Civil Aviation Secretary Rajiv Bansal also said the company has a healthy "topline and bottomline". Air India along with Air India Express was acquired by Tata Group in January last year through a disinvestment process. AIESL, a major player in the maintenance, repair and overhaul (MRO) segment, is among the four subsidiaries of erstwhile government-owned Air India and is now under Air India Assets Holding Ltd (AIAHL). "We are in the process of divesting AIESL... Once this disinvestment goes through, hopefully in a couple of months from now, it will also augur well for the Indian civil aviation industry," Bansal said and expressed hope that there will be a good number of interested parties for the company. Expression of Interest (EoI) is expected