Air India has leased a fleet of six Airbus A320 neo aircraft from CDB Aviation, a wholly owned Irish subsidiary of China Development Bank Financial Leasing Co Limited, to boost the Tata Group-owned company's transformation journey, a statement said on Wednesday. The leasing agreement was signed on the sidelines of the Airline Economics Growth Frontiers Asia Pacific 2022 conference, said the CDB Asia statement. CDB Aviation is among the first aircraft leasing companies to secure the placement of Air India's additional A320 neo aircraft under the recently announced multi-stage transformation plan since the purchase of the airline by Tata group, which aims to increase the carrier's fleet and help it boost both domestic and international operations.
NMIAL is spending close to Rs 18,000 crore to get the airport up and running.
Bengaluru-based Ultraviolette launches the fighter jet-inspired X-47 Crossover electric motorcycle at Rs 2.49 lakh, with deliveries to commence in October.
An A320neo plane of Tata Group-run Air India returned to the Mumbai airport just 27 minutes after takeoff as one of its engines shut down midair due to a technical issue, sources said on Friday.
'This festival season, advance airfares for major metros are up 20 to 25 per cent from last year.'
An IndiGo flight from Delhi to Goa made an emergency landing in Mumbai due to an engine failure. Passengers were transferred to an alternative aircraft.
Indian airports' push to become global hubs will depend on reducing passenger leakage to rival airports abroad, scaling up direct long-haul connectivity, and offering transfer experiences that are faster, smoother, and more attractive than those of regional competitors, said panellists at the Business Standard Infrastructure Summit on Thursday.
Low-cost carrier, IndiGo, has signed a $16-billion deal with Airbus to acquire 180 single-aisle aircraft. The firming-up of the order for 150 A320neo and 30 A320 planes follows the memorandum of understanding the carrier had signed with the European aircraft manufacturer in January.
The A320 aircraft, operating the flight 6E2006 from Delhi to Leh, returned to the national capital after being airborne for over two hours, as per information available on flight tracking website Flightradar24.com.
A Delhi-bound Air India flight returned to Phuket following a security alert on Friday, an airline official said.
It has a fleet of 47 planes including 17 Airbus A320Neo. The remainder include Airbus A320Ceo planes.
The flight AI2455, operated with an Airbus A320 aircraft, was airborne for more than two hours, according to information available on the flight tracking website Flightradar24.com.
After a London-bound Air India aircraft crashed shortly after taking off from the Ahmedabad airport on Thursday, the spotlight is back on India's history with aviation disasters.
The airline would be accepting the bids till November 19.
A320neo, the narrow-body, fuel-efficient aircraft from the Airbus stable, is making its debut at the Hyderabad air show.
The country's largest airline IndiGo on Wednesday reported a 20 per cent decline in profit after tax at Rs 2,176.3 crore for the June quarter as airspace curbs and overall challenging operating environment crimped its bottom line even as the carrier flew 12 per cent more passengers during the period.
This is the third incident of technical malfunction on a Go First aircraft in two days.
A Bangkok-bound Air India flight from Mumbai was held back for over five hours on June 25, after some hay was found stuck in one of the aircraft's wings, the airline has said.
IndiGo has previously placed orders for 100 A320s and 180 A320neo planes.
'AAIB preliminary report was more detailed than most people were expecting.'
Saturday's mid-air engine failure on Indigo flight prompts scrutiny.
In Hyderabad, airport sources on Monday said, "A bomb threat email targeting Lufthansa flight LH 752 was received at the Hyderabad airport at 18:01 hrs on 15th June 2025."
These single-aisle planes, made by European consortium Airbus Industrie, can seat between 160 and 180. They are considered ideal for domestic and short-haul international operations.
Private carrier Air India on Monday announced placing an order to purchase 100 more Airbus aircraft, comprising 10 wide-body A350 and 90 narrow-body A320 family aircraft including A321neo.
Domestic air passengers traffic logged a 20.1 per cent growth in the January-September period.
The airliners will be withdrawn from Air India, sent to France to fit airborne radars, then handed over to DRDO to be integrated with the complex software that will allow these aircraft to function as 'eye-in-the-sky' controllers of air force battles.
The low-cost carrier of West Asia and North Africa has signed a contract with Airbus for 34 A320 with an option for 15 more, Air Arabia said in a statement. The deal would more than triple the size of Air Arabia's fleet and underlines its stated ambition to increase its total operating fleet to over 50 aircraft by 2015.
There have been more instances of a management team buying out the owners of a company after the pandemic. There are eight such transactions, called management buyouts (MBOs), in the five years ending 2024, according to data from tracker LSEG shared with Business Standard.
The national carrier has sought dry-leasing these planes for six years instead of buying them, as part of its Turnaround and Financial Restructuring Plans, airline sources said.
The fresh bout of trouble has forced IndiGo to ground aircraft periodically since July, and on August 20, the number of grounded aircraft touched nine
'... when the process isn't transparent, people will naturally raise questions. 'The AAIB's own press release says they had the black boxes by June 16.' 'Why wasn't decoding initiated until the 24th? What were they waiting for?'
Airline officials said the operational launch may be held in the later part of October.
Airbus claims the new aircraft is 15 per cent more fuel efficient than the exiting versions of A320
Grounded Indian planes will be up in air by end of April says company president
Indian airlines are likely to face additional weekly expenses of Rs 77 crore for international flights operated from north Indian cities as the airspace curbs result in increased fuel consumption and longer flight duration. An analysis of the number of overseas flights and back-of-the-envelope calculations based on increased flight time as well as approximate expenses by PTI showed that the additional monthly operational costs could be over Rs 306 crore.
The geared turbofan, a step-change in the efficiency of turbines for commercial aircraft, has been hit by a slew of design flaws that have grounded planes, delayed deliveries and prompted millions of dollars in compensation claims.
DGCA has also permitted the airline to deploy newly-inducted planes for capacity expansion.
'That refresh programme -- because they are big aircraft and we cannot ground them all at the same time -- will last well into 2027.'
The national airline had incurred a net loss of Rs 5,859.91 crore (Rs 58.59 billion) last fiscal.
