An Air India plane that took off for Kyiv in Ukraine on Thursday morning to bring back Indians from the eastern European nation is returning to Delhi due to the closure of Ukrainian airspace amid the Russian military offensive.
This is at least the ninth incident of technical malfunction on a SpiceJet aircraft in the last 40 days.
The government may roll out a new foreign trade policy (FTP) of a shorter term of two-three years in a bid to keep pace with the fast-evolving scenarios in international trade which have been triggered by recent disruptions, such as the pandemic and the Russia-Ukraine war. An FTP is an elaborate policy guideline and strategy to promote the export of goods and services, with a duration of five years usually. The existing policy came into force on April 1, 2015, and was valid for five years, before multiple extensions.
Aviation consultancy CAPA on Thursday said allowing domestic airlines to take advance bookings from April 15 is "unfair" to consumers since a decision on lifting the nationwide lockdown is yet to be taken. During the lockdown period only special flights approved by aviation regulator Directorate General of Civil Aviation, medical evacuation flights and those carrying cargo, including medical equipment, to and from different parts of the country are operational.
Ten years after Kingfisher Airlines was grounded, its former employees continue to wait for their dues. On Monday, the Supreme Court awarded a four-month sentence to the grounded airline's flamboyant owner Vijay Mallya in a contempt case. The apex court also ordered him to deposit $40 million plus interest in four weeks to avoid attachment of his properties.
The government on Thursday took a series of measures in view of the rising number of COVID-19 cases in several parts of the world, including China.
Under the new policy, external advice would be sought for related party transactions that are worth over Rs 2 crore and bidding process would be mandatory for any such contract.
The GST rate is 5 per cent and 12 per cent on economy and business class tickets, respectively
The number of forms to be filled to operate drones in the country have been reduced to six in draft 'Drone Rules, 2021' in comparison to 25 forms mentioned in the Unmanned Aircraft System (UAS) Rules, 2021, it said.
The move comes after the government rejected its plan to operate 20 flights a week.
According to the annual report, Ronojoy Dutta's remuneration package includes a gross annual salary of $1.27 million, which would be payable in rupees. Also, he is entitled for a commitment bonus payout. In FY20, he received a remuneration of Rs 11.4 crore in his role as CEO and whole-time director.
The decision has been taken after Kamra was found 'guilty' for alleged misbehaviour by an internal committee of IndiGo, an airline official said. The ban on Kamra comes into effect immediately.
These are the four primary issues that have soured the relationship between SBI-led lenders and JKC and delayed the resumption of commercial flights by Jet Airways, once India's largest private airline, which went bankrupt in 2019. Over the past three years, the airline went through an insolvency process under which JKC's resolution plan was approved by a committee of creditors (lenders) and the National Company Law Tribunal (NCLT) in October 2020 and June 2021, respectively. But this didn't mean an end to the problems.
Chief of Air Staff Air Chief Marshal VR Chaudhari and Air Marshal Manvendra Singh who headed the tri-service investigation into the crash apprised Defence Minister Rajnath Singh on the findings of the probe on Wednesday.
The company, which in the previous quarter announced former Capgemini top executive Thierry Delaporte as its new chief executive officer and managing director, is looking at improving its performance in coming quarters.
'We are going to have plane crashes left, right and centre.'
However, the tender criteria demands that an entity must be eligible to conduct Beyond Visual Line of Sight operations in order to become eligible. Currently, no drone companies are eligible to do BVLOS operations, reports Arindam Majumder.
The consortium of UAE-based businessman Murari Lal Jalan and London's Kalrock Capital -- which has won the bid to revive Jet Airways -- on Monday said it expects to start operating the airline by the summer of 2021.
An ONGC helicopter carrying nine persons including two pilots, on Tuesday fell into the sea while attempting to land on a company's rig in the Arabian Sea, the company said, adding that six persons have so far been rescued.
Jobs are back with a bang in India, proving it to be the most optimistic nation in terms of hiring plans.
A family of five, returning to their hometown at Koducalli in Kozhikode from Dubai, were aboard the fateful Air India Express flight that crash-landed at the Kozhikode airport claiming at least 18 lives on Friday.
Several countries like the United Kingdom, the United Arab Emirates, Australia and Singapore have already banned travellers from India as well as other South Asian countries.
As the majority of Pakistani airspace has remained closed for Indian airlines since the Balakot strike on February 26, the decision to avoid affected Iranian airspace on Saturday is going to further disturb the routes of their international flights towards middle-eastern and European countries, and the US.
Patel is being questioned in connection with a money laundering probe related to losses suffered by Air India as part of an alleged multi-crore aviation scam.
Tata Group-owned Air India CEO Campbell Wilson on Saturday apologised for a flyer urinating on a fellow female passenger on a flight from New York in November, and said four cabin crew and a pilot have been de-rostered and the airline is reviewing policy of serving alcohol on flights.
The The Airports Authority of India is likely to procure two counter-drone systems worth Rs 9.9 crore in 2022-23, according to an official document.
The aircraft, which has been grounded since March following two fatal crashes which killed 346 on board, is crucial to Indian low-cost airline SpiceJet's fortune, which has up to 205 aircraft on order. With the grounding, the airline's capacity expansion plan is suffering.
Wide-body aircraft like B747 and A350 have a bigger fuel tank and can therefore travel longer distances in comparison to narrow-body aircraft like B737 and A320. A wide-body aircraft also needs a longer runway length to take off or land. The table top runway 10 of the Kozhikode airport is approximately 2,700 metres long. Wide-body aircraft operations were permitted at this airport from 2019.
The National Company Law Tribunal on Tuesday approved the Jalan-Kalrock Consortium's resolution plan for the bankrupt Jet Airways.
Management and leadership changes, in addition to synchronising operations between all its airlines, are showing visible results for Air India. Data from the Directorate General of Civil Aviation (DGCA) show that there has been a marked improvement in key operational parameters of Air India after the Tata group took complete control of the national airline in January. One of the most dramatic improvements has been noticed in Air India's passenger load factor (PLF) - a crucial metric of capacity utilisation of an airline's fleet that shows how many seats it has been able to fill on every flight.
The DGCA pointed to cracks on the runway, water stagnation and excessive rubber deposits among other lapses in its show-cause notice. The DGCA conducted the inspection after an Air India Express flight coming from Dammam in Saudi Arabia had a 'tail strike' while landing at the Calicut (Kozhikode) airport on July 2 last year, an official said.
A K Chopra, a retired DGCA official, had flagged concerns regarding engineering, flight safety, operations, and training standards in the airline and subsidiaries, thus warning the management of grave safety risk. He also called for the replacement of the chief of flight safety Harpreet A De Singh, who, he said, did not meet the regulatory requirements for holding the post.
Candidates will be short-listed for interview on the basis of the information provided by them in their online application, the statement said.
SpiceJet announced it has started a five-day "1+1 offer sale" where it was offering one-way base fares starting as low as Rs 899, excluding taxes, on its domestic network.
'The accident was a result of entry into clouds due to unexpected change in weather conditions in the valley. This led to spatial disorientation of the pilot resulting in Controlled Flight into Terrain (CFIT),' it stated.
'In investing, you have to first make sure you don't make big mistakes.' 'I would advise small investors to be systematic, don't be arbitrary; don't be on either end of the risk spectrum.' 'Don't go from fixed deposit to option trading or crypto trading.'
Rescuers on Monday recovered 20 bodies from the wreckage site of the Tara Air plane that crashed in Nepal's mountainous Mustang district on Sunday with 22 people on board, including four Indians, minutes after taking off from the tourist city of Pokhara, officials said.
The AAI owns and manages more than 100 airports, including those shut temporarily Wednesday, in the country.
In a letter to Air India Chairman and Managing Director Rajiv Bansal, the ICPA said, "In the press conference by Honourable Minister Shri Hardeep Singh Puri dated 16th July 2020, you had stated 'we are in negotiation with the pilots', which is far from reality." "It was not a negotiation, but the 'diktat' of the MoCA (ministry of civil aviation) which was conveyed to us. We would also like to place on record that the so-called negotiation was 'not harmonious' in any aspect," the Indian Commercial Pilots' Association (ICPA) noted.
It has been a slow 2022 thus far for the primary markets. In the last 8 months, only 16 companies have raised Rs 40,311 crore via the initial public offer (IPO) route, data from PRIME Database suggests. In comparison, 63 companies had raised a cumulative Rs 1.18 trillion via the IPO route in 2021. A large part of the funds raised in 2022 were on account of the two IPOs - Life Insurance Corporation of India (LIC) and logistics firm Delhivery - that raised a total of over Rs 26,000 crore between themselves.
