National carrier Air India will have two maintenance, repair and overhaul facilities for its aircraft, one in Nagpur and the other in Delhi.
Lockheed Martin plans to establish a C-130J Super Hercules co-production facility in India, the first outside the US, as the IAF seeks to procure new transport aircraft.
Air India is seeking government approval to raise a Rs 2,000 crore loan and refinance $819 million aircraft debt, which would help tide over the financial crisis.
Two of the cabin crew in the aircraft were also found to be without any proper training, they said.
If Lockheed Martin gets the opportunity, then it will set up a mega hub in India to produce the "iconic" aircraft and it will be the first such global facility outside of the US, top officials of the company told PTI.
IndiGo, which operates the largest fleet among Indian carriers, has reported the highest number of serious engine-related incidents.
'...rectification has to happen then and there, and that takes additional time.'
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.
Airbus is now confident of crossing 1,000 net orders (excluding cancellations or conversions from previous orders) in 2014.
The new owners of Air India will have to retain all the employees of the national carrier for at least one year post which they can offer a VRS. The gratuity, pension fund and post retirement medical benefits of existing and past employees too would be honoured by the new owner, civil aviation secretary Rajiv Bansal said. Tata Sons has emerged as the winning bidder for Air India with the government accepting its Rs 18,000 crore offer to acquire 100 per cent of the debt-laden state-run carrier.
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."
It's too big to digest as one whole airline.'
'India is giving selective traffic rights wherever it makes sense to allocate those traffic rights.'
The Tata group may have to deploy upwards of $1 billion to improve the airline's passenger reservation system, upgrade and refurbish Air India's fleet, primarily the wide-body aircraft which are the mainstay for the airline's international operations, people in the know said. While the group has not yet decided on how it intends to integrate Air India with its existing airlines AirAsia India and Vistara, sources said the first task will be to refinance Air India's existing loans, upgrade its aircraft gradually, and rewrite multiple business contracts with vendors and suppliers. "They will have to do 100 things to stabilise the airline and will have to put in a lot of money," DIPAM secretary Tuhin Kanta Pandey said, confirming that many aircraft are grounded.
Minister of State for Civil Aviation Jayant Sinha emphasised that the brand name has both sentimental and economical value.
They alleged that while the salaries and perks of other employees are paid in full albeit with a delay, the same for the pilots and cabin crew are ignored
According to Airbus sources close to the development, "Airbus has already made its presentation to Air India and also to the ministry. Whenever they are ready and instruct us to put in the bid, we will do so." The order could be around $3 billion, based on the list price of the aircraft. But, the negotiated price may vary.
Air India plans to induct all these 19 aircraft between this fiscal to March 2018.
'Since the government will not hold any significant stake in the airline this time, such restrictions are not required anymore.'
The incident took place when an Air India flight from Jaipur was readying to take off for Delhi on Sunday evening.
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The Dreamliner's introduction on the daily Singapore route is on popular demand, said Nirbhik Narang, Air India's country manager in Singapore.
Ending a seven-year-long wait, the Star Alliance Chief Executive Board, at its meeting in London on Monday, gave an endorsement vote to induct Air India into the fold.
An Air India Boeing aircraft was involved in a "minor" mishap at the John F Kennedy Airport in New York on Saturday when its wing touched another aircraft which was being pulled back for take off but no one was injured.
Air India did not respond to email queries.
The specially chartered Air India Boeing 747 with a capacity of 360 passengers, and an Airbus 330 with a capacity of 280, are en route to Tripoli and were to land shortly, External Affairs Ministry said in a statement.
The government has cleared the lone bid of Airbus-TATA consortium for replacing Indian Air Force's fleet of ageing Avro transport aircraft for Rs 11,930 crore besides approving Russia's offer to build Kamov Ka-226T helicopters under 'Make in India' initiative.
To attract bidders, the government had decided to hive of around Rs 35,000 crore of the company's debt into a separate subsidiary, leaving around Rs 23,286 crore to be absorbed by the new bidder.
'AAIB preliminary report was more detailed than most people were expecting.'
Apparently, the losses to the airline due to this scam are now running into crores of rupees.
Tata Group-owned Air India has informed the Centre that aircraft lessors wish to set up their special purpose vehicles (SPVs) outside India since they aren't enthused about the Indian 'legal structure' and are loath to take risks. Indian airlines have a combined fleet of about 700 planes; over 85 per cent are on lease. A majority of lessors are based in Ireland due to its attractive tax policy, light-touch regulations, and swift legal system.
'That refresh programme -- because they are big aircraft and we cannot ground them all at the same time -- will last well into 2027.'
No-frills airline IndiGo on Monday announced placing a firm order for 500 A320 family planes with European aviation major Airbus at the Paris Air Show. This is the largest ever aircraft order placed by any airline with Airbus, IndiGo said in a statement. Financial details of the order were not disclosed.
The airline will fly the A320s between the Tier-II and Tier-III cities.
The DGCA probe detected serious issues related to safety oversight.
Banking sources said IDBI Bank, along with another banks, was syndicating the loan. The move came after Air India failed to get funding interest from European commercial banks despite the loan carrying sovereign guarantees. The European banks' reluctance reflects how lenders have turned risk averse when it comes to aviation funding.
Air India is keen to raise working capital by selling aircraft.
While IndiGo had 11.8 per cent of all the international seats to and fro India in the last week of August, Air India's seat share was 11.4 per cent. Emirates came third with 8.1 per cent, and rest of the airlines constituted 68 per cent of the seat share.
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.
As part of its drive to enhance its market share, Air-India will launch 14 additional flights to Bangkok, Singapore, Hong Kong, Kuala Lumpur and Osaka including non-stop flights from Mumbai and add Seoul as a new destination from Thursday.\n\n
