Page 2 - India Aviation

Financiers grapple with plane shortage issue amid Boeing MAX crisis

For months, aviation has been struggling to keep pace with a post-pandemic travel boom amid labour and parts shortages

Here's what airlines, regulators are doing about Boeing 737 MAX 9 jets

The Federal Aviation Administration (FAA)'s move comes after the aircraft had been grounded since a mid-air blowout on an Alaska Airlines jet on Jan. 5

Malaysia Airlines aims to expand in India; eyes codeshare pact with carrier

Bullish on the "important" Indian aviation market, Malaysia Airlines will soon have a deep codeshare partnership with an Indian carrier as well as further expand its operations to the north east and southern destinations in the country, according to a top official. Malaysia Airlines, the national carrier that is part of the Malaysia Aviation Group, operates a total of 69 weekly flights to nine Indian cities. In an interview with PTI, Captain Izham Ismail, Group Managing Director of Malaysia Aviation Group, said, "India is an important market for us and we want to be part of the success story of India as a country". The airline, which has implemented a financial restructuring and is on the revival path, connects nine Indian destinations to Malaysia. The cities are Delhi, Mumbai, Bengaluru, Chennai, Hyderabad, Kochi, Amritsar, Ahmedabad and Thiruvananthapuram. Apart from crossing its pre-pandemic levels of operations in the Indian market, the carrier, this month, increased its freque

IndiGo cornered bigger share of India's skies in 2023, shows DGCA data

Overall, Indian airlines carried 153.2 million domestic passengers in 2023 compared to 123.2 million in 2022, recording an annual growth of 23.36 per cent

The right flight path

DGCA aligns Indian rules with global norms

Akasa Air inducts two new Boeing aircraft, total fleet rises to 22

Indian regulations mandate that carriers must have at least 20 aircraft in their fleet to be eligible for international flights

SpiceJet's resurgence could disrupt Indian aviation market: CAPA India

Earlier this month, cash-strapped SpiceJet announced it is going to raise a total of Rs 2,241.5 crore through issuance of equity and warrants

Establishment of aviation ombudsman needs deliberations: Aviation secretary

Airlines free to charge fees for preferential seats during web check-in: Aviation secretary

Navi Mumbai international airport's commercial launch expected in Dec 2024

The airport is expected to fly 12 million passengers in the first year of operations

Grounding 200 aircraft to have minimal impact on passenger traffic: Report

The likely grounding of 200 aircraft by March next year will have minimal impact on air passenger traffic, according to a report. Air passenger traffic is expected to reach about 375 million passengers, 1.09 times of pre-pandemic levels, in the current fiscal, the report by credit ratings agency CareEdge said. Research and advisory firm CAPA India had late last month said Indian airlines fleet continues to be severely constrained and close to 200 aircraft may go out of operations by the end of FY24 due to supply chain issues and maintenance purposes. "Despite the projection of around 200 aircraft being grounded by March 2024, the impact on traffic is expected to be minimal, at 3-4 per cent," CareEdge Ratings Director Maulesh Desai said. This is attributed to the extension of wet leases and an increase in passenger load, he said. Noting that passenger traffic will reach new heights in the next fiscal, with a healthy Compounded Annual Growth Rate (CAGR) of 14 per cent from FY23 to F

Indian carriers could incur up to $1.2 bn per year for 200 grounded planes

The standard monthly cost an active aircraft incurs is about $1 million and if it's grounded, the cost comes down to $0.5 million, according to CAPA's 'conservative' estimates

Go First resolution professional, lessors in talks to maintain aircraft

Advocate Diwakar Maheshwari, appearing for the RP, told the court that they are in talks with the lessors, one of which is SMBC Aviation Capital, to maintain the aircraft

DGCA suspends Anil Gill; Scindia says 'zero tolerance to malpractices'

It has been alleged that Anil Gill, as Director of the Flying and Training Division at the DGCA, misused his authority to obtain three aircraft as bribes from flying schools

Average daily domestic traffic increased by 1.65%, Oct upswing anticipated

Overall domestic demand remained high, with four out of six major carriers reporting load factors of over 90 per cent in September

DGCA fills 27% of newly created positions amid expansion of airlines: MoCA

The expansion comes in response to the rapidly growing fleets of airlines such as IndiGo and Air India

Akasa Air in the middle of crisis: How bad could the pilot shortage be?

With Indian aviation staring at a potential scramble for pilots, airlines such as Akasa can feel deflated

Amid pilot turmoil, Akasa Air mulling raising up to $400 million

The fundraising plan could involve fresh equity issuances of $75-100 million each and is set to be carried out over the next 12-18 months

Delhi HC raps Go First's RP for not complying with inspection order

The judge referred to photographs submitted by a lessor that allegedly showed critical parts of the aircraft missing

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

Charticle: Air India reaches bottom of punctuality chart in July

Air India saw its average daily OTP drop from 91.63 per cent in April to 69.31 per cent in July