Search results for ' Aviation'

Airfares Rise By 53% As Competition Fades

Airfares Rise By 53% As Competition Fades

Rediff.com5 Sep 2024

Indigo has zero competition on 61.2 per cent of its 838 domestic routes.

Delhi man posts bomb threats to flights to 'draw attention', held

Delhi man posts bomb threats to flights to 'draw attention', held

Rediff.com27 Oct 2024

Shubham Upadhyay, a resident of Uttam Nagar in the national capital, was arrested for posting two bomb threat messages to draw attention after seeing similar news reports on TV, the police said.

Airbus to source more components from India, says CEO

Airbus to source more components from India, says CEO

Rediff.com7 Oct 2024

Airbus will increase sourcing of components from India, which offers plenty of opportunities, according to the aircraft maker's CEO Guillaume Faury. The European major, which has bagged huge aircraft orders from IndiGo and Air India, doubled its sourcing of components and services from India to 1 billion euros during the period from 2019-2023, he said.

Mahatma Carter

Mahatma Carter

Rediff.com9 Jan 2025

Carter was in politics, but not a politician, certainly not a transactional politician, points out Shreekant Sambrani.

Over 80 flights receive bomb threats today

Over 80 flights receive bomb threats today

Rediff.com24 Oct 2024

More than 80 domestic and international flights of various Indian airlines received bomb threats on Thursday, according to sources.

Manchester City claim win in legal battle with EPL

Manchester City claim win in legal battle with EPL

Rediff.com8 Oct 2024

Reigning champions City are also involved in a separate independent hearing into the club's alleged breaches of Premier League financial regulations which began in September, with a verdict expected some time before the end of the current season.

Iran says it shot down Israel's attack, activates air defence

Iran says it shot down Israel's attack, activates air defence

Rediff.com26 Oct 2024

State news agency IRNA said that Iran has successfully shot down 'adversial targets' in the airspace around Tehran province. Iranian state television noted hearing six loud sounds resembling explosions in parts of the capital, with the source of the noises currently unverified.

Kolkata, Bhubaneswar, Jharsuguda airports get bomb threat; security enhanced

Kolkata, Bhubaneswar, Jharsuguda airports get bomb threat; security enhanced

Rediff.com25 Oct 2024

A threat about the presence of bombs on an Akasa Air flight at Biju Patnaik International Airport in Bhubaneswar was received on social media, but it later turned out to be a hoax, an official of the airport said on Thursday.

Sunset for once-storied Jet Airways as turbulent insolvency flight ends

Sunset for once-storied Jet Airways as turbulent insolvency flight ends

Rediff.com7 Nov 2024

More than five years ago on an April evening, cash-starved Jet Airways announced temporary grounding of operations after flying as a full service airline for 25 years. Since then, more than 20,000 jobs and money worth thousands of crores owed to lenders, vendors and passengers evaporated while awaiting an insolvency resolution. And today, the Supreme Court ordered the airline's liquidation, marking the formal completion of a turbulent journey into the sunset and shattering lean revival hopes.

RBI turned down request to appoint ex-CBI official on board: Religare

RBI turned down request to appoint ex-CBI official on board: Religare

Rediff.com25 Oct 2024

Religare Enterprises, a financial services firm, has disclosed that the Reserve Bank of India (RBI) turned down its application to appoint Rakesh Asthana as its whole-time director in May this year without citing any reasons. Asthana is a former top official of the Central Bureau of Investigation (CBI). In a notice to the stock exchanges, Religare said that while the company and Asthana were weighing the options of dealing with the letter of refusal by the RBI, it was also busy in preparing for the "herculean task" of making ready multiple applications to regulators.

Ace acquires another plane as Jet deal gets delayed

Ace acquires another plane as Jet deal gets delayed

Rediff.com7 Oct 2024

Ace Aviation, which has been fighting Jet Airways for the acquisition of three Boeing B777 aircraft, said that it has acquired another aircraft for the conversion slot in early February 2025.

IC-814: The Hijack That Shook The Nation

IC-814: The Hijack That Shook The Nation

Rediff.com4 Sep 2024

All You Want To Know About The 1999 Hijack.

A P&W story: From giving wings to aviation in India to Go First grounding

A P&W story: From giving wings to aviation in India to Go First grounding

Rediff.com9 May 2023

Its association with India is over 70 years old and spans both civil and military aviation. The Douglas DC-3 transport aircraft used by the air force beginning the 1940s and the iconic Boeing 747 aircraft flown by Air India, both had Pratt & Whitney (P&W) engines. The Indian Air Force's present-day, heavy-lift C-17 Globemaster III and the yet-to-be-inducted C-295 planes, too, have P&W power plants.

Airfares Nosedive For Diwali!

Airfares Nosedive For Diwali!

Rediff.com31 Oct 2024

'The past few quarters have seen prohibitive fares for advance bookings, only to dip closer to departure.'

Pilot lone survivor, 18 killed as plane crashes during takeoff

Pilot lone survivor, 18 killed as plane crashes during takeoff

Rediff.com24 Jul 2024

A Nepalese private plane crashed and caught fire shortly after taking off from the Tribhuvan International Airport in Kathmandu on Wednesday, killing 18 people aboard, including a child, and seriously injuring the pilot -- the only survivor.

Maldives Prez Muizzu speaks on 'India Out' agenda

Maldives Prez Muizzu speaks on 'India Out' agenda

Rediff.com27 Sep 2024

The ties between India and the Maldives came under severe strain since November last year when Muizzu, known for his pro-China leanings, took charge as Maldivian president.

'Aviation ministry's role doesn't end with Air India'

'Aviation ministry's role doesn't end with Air India'

Rediff.com16 Feb 2022

'Government shouldn't be in the business of running airlines, instead it should develop the ecosystem of civil aviation.'

US aviation watchdog likely to maintain highest safety rating for India

US aviation watchdog likely to maintain highest safety rating for India

Rediff.com28 Apr 2022

A continuation of the highest standard by the FAA will be a relief for Indian airlines especially the Tata group which intends to increase Air India flights on India-US routes. US aviation watchdog Federal Aviation Administration (FAA) has completed the audit of India's aviation regulator DGCA. Sources said that the FAA team was satisfied with the work and changes in regulations by India and is likely to maintain a Category 1 status rating under its International Aviation Safety Assessment (IASA) programme.

France submits final price offer for 26 Rafale jets ahead of Doval visit

France submits final price offer for 26 Rafale jets ahead of Doval visit

Rediff.com29 Sep 2024

India and France are negotiating the deal for buying 26 Rafale Marine jets which are going to be deployed on the INS Vikrant aircraft carrier and different bases.

Bomb threat saga continues as more flights get threats

Bomb threat saga continues as more flights get threats

Rediff.com19 Oct 2024

In the past few days, more than 40 flights operated by the Indian carriers have received bomb threats which later turned out to be hoaxes.

Aviation: The 9/11, COVID-19 Impact

Aviation: The 9/11, COVID-19 Impact

Rediff.com21 Sep 2021

In order to gauge the financial impact of COVID-19 on the aviation industry, comparing it to what happened after the 9/11 terrorist attack is a helpful yardstick.

Goa's 2nd airport a big boost for regional aviation

Goa's 2nd airport a big boost for regional aviation

Rediff.com19 Jan 2023

Goa's second airport began operations last week and if all goes according to plans, the state will be the base for a new regional airline, Fly91. Promoted by the ex-executive vice-president of now grounded Kingfisher Airlines, Manoj Chacko, and Fairfax India's former head, Harsha Raghavan, the airline will offer no-frills buy on board product and serve unconnected routes with two ATR 72 aircraft. An application for the initial no-objection clearance was filed with the civil aviation ministry last week.

Ratan Tata, As I Knew Him

Ratan Tata, As I Knew Him

Rediff.com10 Oct 2024

Ratan was extremely ethical in his dealings, which he brought to bear on the business house which he helmed, remembers Sailesh Kottary.

India's aviation sector likely to return to profit in FY24 on higher traffic, pricing

India's aviation sector likely to return to profit in FY24 on higher traffic, pricing

Rediff.com9 Mar 2023

India's aviation industry could return to profitability in 2023-24 for the first time since the pandemic. The industry may pare aggregated net loss by 75-80 per cent year-on-year (YoY) to between Rs 3,500 crore and Rs 4,500 crore in 2022-23 (FY23), compared with Rs 17,500 crore of net losses in 2021-22 (FY22). A combination of recovery in passenger volumes and easing cost pressures due to stable fuel and foreign exchange (forex) costs could spark a turnaround. CRISIL says domestic and international passenger traffic recovered to 90 per cent and 98 per cent, respectively, of pre-pandemic traffic (2019-20, or FY20), in April-December 2022, compared with April-December 2019.

Helicopter with 4 onboard crashes in Pune

Helicopter with 4 onboard crashes in Pune

Rediff.com24 Aug 2024

All four occupants survived the crash that took place near Paud, though they may have suffered injuries, an official said.

Air India's losses down 60% at Rs 4,444 cr in FY24

Air India's losses down 60% at Rs 4,444 cr in FY24

Rediff.com8 Sep 2024

Tata Group-owned Air India shaved off its losses by 60 per cent to Rs 4,444.10 crore in FY24 over the previous year, according to the Tata Sons annual report for 2023-24. The airline had reported a loss of Rs 11,387.96 crore in FY23, the annual report said.

Did Air India divert scheduled flight to ferry cricketers, DGCA wants to know

Did Air India divert scheduled flight to ferry cricketers, DGCA wants to know

Rediff.com3 Jul 2024

Aviation regulator Directorate General of Civil Aviation (DGCA) has sought a report from Air India on reports that an aircraft that was to operate a scheduled flight has been deployed for flying out the Indian cricket team from Barbados, according to officials.

1 killed, 6 injured as Delhi airport roof collapses; govt orders probe

1 killed, 6 injured as Delhi airport roof collapses; govt orders probe

Rediff.com29 Jun 2024

The Delhi airport, the country's busiest airport, on Friday early morning witnessed the collapse of a roof at Terminal 1 amid heavy rains that killed one person, prompting the government to order a detailed probe and an inspection of the structural strength of all airports.

Bomb threats: Govt asks social media platforms to act

Bomb threats: Govt asks social media platforms to act

Rediff.com26 Oct 2024

Amid a spate of hoax bomb threats to multiple airlines, the IT ministry has asked social media platforms to observe due diligence obligations and promptly remove or disable access to misinformation within the strict timelines prescribed under IT rules.

Maldives resumes India-gifted Dornier, helicopters for evacuations

Maldives resumes India-gifted Dornier, helicopters for evacuations

Rediff.com27 Jul 2024

President Mohamed Muizzu, known for his pro-China stance, has thanked India for enabling the resumption of medical evacuation services with civilian aviation personnel from India.

Security alert as US-bound AI flight among 7 get bomb threat on X

Security alert as US-bound AI flight among 7 get bomb threat on X

Rediff.com16 Oct 2024

The threats via microblogging platform X came a day after three international flights originating from Mumbai received bomb threats, causing trouble to hundreds of passengers and airline crew.

Investors, Wait And Watch

Investors, Wait And Watch

Rediff.com19 Oct 2024

'Invest only in stocks of those companies that deliver on earnings and there is earnings visibility too for the next few quarters.'

Bangladesh ex-foreign minister on way to India detained at Dhaka airport

Bangladesh ex-foreign minister on way to India detained at Dhaka airport

Rediff.com6 Aug 2024

Mahmud went to Dhaka's Hazrat Shahjalal International Airport to "catch a flight en route to Delhi," an Airport Aviation Security official was quoted as saying by the Dhaka Tribune newspaper.

International flight services to normalise very soon: Aviation secy

International flight services to normalise very soon: Aviation secy

Rediff.com24 Nov 2021

Scheduled international passenger flights to and from India remain suspended since March 2020 amid the coronavirus pandemic. The suspension has been extended till November 30.

Aviation majors in fray to operate copter taxis in Uttar Pradesh

Aviation majors in fray to operate copter taxis in Uttar Pradesh

Rediff.com9 Aug 2022

After launching expressway projects worth almost Rs 1 trillion, the Uttar Pradesh government is now betting big on the aviation sector to propel the state's economic growth. Air travel, comprising both business and leisure, is expected to give a fillip to the socioeconomic landscape by attracting fresh investment. It would also ramp up infrastructure and create jobs.

Since 3 AM, Airline systems across airports working normally: Minister

Since 3 AM, Airline systems across airports working normally: Minister

Rediff.com20 Jul 2024

Airline systems across airports, which were impacted due to a global IT outage on Friday, have started working normally, and all issues are likely to be resolved by noon on Saturday, Civil Aviation Minister K Rammohan Naidu said. The ministry is constantly monitoring the operations at airports and airlines to ensure travel readjustments and refunds are taken care of, he added.

Vistara official suspended for lapses in pilot training

Vistara official suspended for lapses in pilot training

Rediff.com30 Apr 2024

The DGCA had conducted an enquiry into alleged lapses in conversion training of some pilots. After the conversion training, a narrow body pilot can operate wide body aircraft.

80 more flights get bomb threats, Rs 600 crore lost

80 more flights get bomb threats, Rs 600 crore lost

Rediff.com22 Oct 2024

Nearly 80 domestic and international flights received bomb threats in less than 24 hours that later turned out to be hoaxes, keeping thousands of passengers and security agencies on tenterhooks.

Liquidation of Jet Airways only option, lenders tell SC

Liquidation of Jet Airways only option, lenders tell SC

Rediff.com27 Sep 2024

Lenders of bankrupt airline Jet Airways, led by the State Bank of India (SBI), on Thursday told the Supreme Court that successful bidder Jalan Kalrock Consortium (JKC) was "unwilling" to pay the dues and that the "liquidation" was the only option left. The bench led by Chief Justice of India (CJI) DY Chandrachud was hearing the SBI-led consortium plea against the NCLAT's March order upholding ownership transfer of the bankrupt airline to JKC.

Israel targets weapons depots in Beirut; Iran cancels all flights

Israel targets weapons depots in Beirut; Iran cancels all flights

Rediff.com6 Oct 2024

The Israel Defence Forces (IDF) intensified its campaign in Lebanon with targeted airstrikes on Hezbollah strongholds in Beirut, hitting key weapons depots and terror infrastructure overnight, according to a report by Times of Israel.