US aircraft manufacturer Boeing said on Friday that it would concentrate on clinching the Air-India deal of 17 aircraft and was willing to have a dialogue with the government on the Indian Airlines' proposal to acquire 43 aircraft.
Falling jet fuel prices and a revival in domestic traffic growth offer the new CMD a once in a lifetime opportunity.
Aircraft maker Airbus on Thursday announced awarding a contract to Indian company Dynamatic Technologies for manufacturing all the doors for its next-generation narrow body A220 planes, giving a boost to the 'Make in India' initiative. While financial details were not disclosed, Civil Aviation Minister Jyotiraditya Scindia said it is one of the single-largest export contracts for an Indian aerospace manufacturing company and emphasised that the country is becoming a destination for aircraft component manufacturing activities.
National carrier Air India has tied up with Deutsche Bank and the British lender Investec Bank to raise up to $500 million to take the delivery of five Boeing Dreamliners, according to airline sources.
The project would be carried out indigenously and the majority of the technology and equipment to be used would be made in India.
'The tone of the preliminary report creates a narrative towards pilot error. This is wrong.' 'Selected conversation has been divulged. It's not as if the pilots did not speak anything else in the cockpit.'
Apart from the Adani group, the Tata group, the Hinduja group, Indigo and a New York-based fund, Interups, are expected to submit EoIs.
The airline might find it difficult to fill posts.
Executives from India's leading airlines are conducting internal meetings to devise alternative routes for their international flights that currently pass through Pakistani airspace.
A shortage of pilots and cabin crew is one reason for flight delays.
Air India (AI) plans to raise Rs 5,500 crore (Rs 55 billion) by issuing bonds to a consortium led by the country's largest private sector lender, ICICI Bank, as part of its financial restructuring exercise.
The national airline had incurred a net loss of Rs 5,859.91 crore (Rs 58.59 billion) last fiscal.
'This festival season, advance airfares for major metros are up 20 to 25 per cent from last year.'
Besides lining up Bali, Nairobi and Toronto flights, the airline is also planning flights from Mumbai to Hong Kong. The network expansion will help the national carrier grow its market share and capitalise on the capacity vaccum created by the collapse of Jet Airways.
This is the third time this month that the national carrier has invited bids for leasing out aircraft.
Air India's home market share has fallen from 19.8% in January to 18% in July.
Amid continuing uncertainty over the fate of the national carrier, an official said there is also need for funds to restart operations of 12 grounded narrow-body planes.
The 21 aircraft, comprising nine A-319s, eight A-321s and four A-320s, have already been delivered to the national carrier by European manufacturer Airbus, airline sources said on Tuesday.
Air-India board to mull craft purchase on Jan 24
The C295 is known to be a superior aircraft used for tactical transport of up to 71 troops or 50 paratroopers, and for logistic operations to locations that are not accessible to current heavier aircraft.
The CBI today registered three FIRs and a preliminary enquiry to probe alleged irregularities in Indian Airlines-Air India merger and purchase of 111 aircraft, leasing of planes and giving up of profit-making routes by Air India, causing a loss of thousands of crore of rupees.
Air India engineers, who were flown to Nawabshah airport in Pakistan to attend to an Airbus A-319 that had landed under emergency conditions today, have found that the cockpit panel had emitted a "false alarm" about a technical problem.
The Indian Commercial Pilots Association decided not to resort to any industrial action as planned from May 10.
A potential mid-air disaster was averted on Tuesday when an Air India Airbus, on a flight from Dibrugarh to Kolkata with 43 passengers on board, and an Indian Air Force plane came dangerously close to each other over Jorhat airspace, a day after a civilian plane narrowly missed colliding with the President's helicopter in Mumbai. The Air India flight -- IC-206 -- came dangerously close to an IAF plane when it was traveling from Dibrugarh to Kolkata at around 1.30 pm.
The trails of mega-mergers, tailwinds of expanding fleets, flights and airports will dot the fast-growing Indian aviation firmament in 2025, though the dark clouds of supply chain woes will persist longer. Also, new airline takeoffs, the future trajectory of revised norms to tackle pilot fatigue and efforts to reduce carbon emissions will be on the radar.
The airline will induct four more Dreamliners next year to complete order of 27 of these aircraft
An aviation expert suggests investigators should focus on a possible fault in the stabiliser of the crashed Air India flight.
As Kashmir valley remains under flood water, Air India has decided to ferry free of cost tourists trapped in Srinagar while Gujarat and Bihar governments are sending 75,000 food and dry food packets for affected people.
IndiGo on Wednesday said it was exploring an earlier introduction of wide-body planes in its fleet to meet the growing demand for international travel. Industry sources said the airline was in talks with Norse Atlantic Airways to wet-lease six B787 planes in its fleet.
'... 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?'
The international operations of Air India seem to be the main attraction for IndiGo, which has also flagged concerns about some foreign overseas airlines being allowed "disproportionate access" to the Indian market.
NMIAL is spending close to Rs 18,000 crore to get the airport up and running.
Airbus' own centre in Bangalore for engineering has got more than 350 engineers working in core engineering function.
The aircraft maker expressed support to Modi's 'Make in India' initiative
The expansion of existing airports and development of new airports will continue expeditiously, Finance Minister Nirmala Sitharaman said on Thursday and emphasised that the country's aviation sector has been galvanised in the past 10 years.
Airbus Industrie is setting its eye on India for selling its brand new, most modern and spacious A-380 aircraft.
The bulk of Indian carriers flying to Dubai are low-cost carriers, which include IndiGo, Air India Express, and SpiceJet.
We celebrate the pioneering achievements of Captain Durba Banerjee and Avani Chaturvedi, leaders in Indian aviation.
European aeroplane maker Airbus Industrie hopes to sell 55 of its A380 planes, including 10 freighter aircraft, in India in 20 years.
From highways connecting once-remote regions to aviation networks carrying millions, India's infrastructure story is one of transformation.