Singapore Airlines' deal with Tata Sons (Tata) will inject a further SGD 360 million ($267 million) into Air India. It will give SIA a 25.1 per cent stake in the enlarged Air India group following its takeover by Tata and merger with Vistara Airlines. The November 2022 deal between Singapore Airlines and Tata Sons to further inject $267 million into Air India is one of the key strategic initiatives for future growth mentioned in the quarterly financial report. This agreement is still subject to regulatory approval. SIA in the statement said, "The merged entity will be four to five times larger in scale compared to Vistara, with a strong presence in all key airline segments in India.
Rain-related incidents claimed nine more lives in Gujarat, taking the death toll to 16 in two days, while another 8,500 people were relocated and rescued from flood-affected areas with rains continuing to lash some parts of the state for the fourth consecutive day on Wednesday, officials said.
In its first move to significantly expand the fleet after the Tatas took over, Air India has leased 25 Airbus narrow-body aircraft and five Boeing wide-body planes. These will enter service starting December, the company said on Monday. A wide-body plane has a bigger fuel tank, allowing it to travel longer distances such as India-US routes.
The Air Traffic Controller inadvertently gave instructions to one aircraft to continue taxiing through a particular taxiway mixing its location with that of another plane that led to a near collision at Delhi airport on Tuesday, according to the Airports Authority of India.
The government has requested the Civil Aviation Ministry to reduce the number of flights from these states in view of high prevalence of coronavirus cases there, Law and Parliamentary Affairs Minister J C Madhuswamy said in a statement.
On Thursday, Virgin Atlantic, for instance, cancelled its morning flight between London and Delhi. And Air India rescheduled its London-Ahmedabad flight by several hours. With the Heathrow restrictions to remain in place till September 11, air traffic between India and London is likely to see slower growth over the next two months.
Adani group plans to invest about Rs 1.3 lakh crore across its portfolio companies this fiscal as it doubles down on its $100 billion investment guidance over the next 7-10 years to grow businesses, group CFO said on Tuesday. The investment across portfolio companies that range from ports to energy, airports, commodities, cement and media will be 70 per cent met through internal cash generation and the remaining through debt, Group CFO Jugeshinder 'Robbie' Singh told reporters in Ahmedabad.
Two pilots on board a Cheetah helicopter of the Army were killed when it crashed near Mandala in West Kameng district of Arunachal Pradesh on Thursday morning, a defence spokesperson said.
The flight was diverted to the Jamnagar airport following a bomb threat and made a safe emergency landing there at 9.49 pm on Monday, officials had said.
Newly-launched carrier Akasa Air is aiming for over 250 flights per week operating over nine domestic routes by the second week of October, the airline said on Friday as it announced entry in the highly-competitive Delhi market. The airline, founded by late stock market investor Rakesh Jhunjhunwala along with aviation industry veteran Vinay Dube, launched its operations on August 7 with a flight to Ahmedabad from the financial capital. Since then, it has expanded the route network to Chennai, Kochi, Bengaluru.
Roma Gupta, 63, and her daughter Reeva Gupta, 33, were on board the small plane on Sunday as its pilot reported smoke in the cockpit before crashing near Long Island homes, NBC New York reported.
Following the incident, which took place at Chennai airport last week, the Airports Authority of India raised the issue with IndiGo, asking it not to pass the blame for flight delays "falsely" to the ATC, sources said.
A Jet Airways flight from Mumbai to London, with more than 300 people, triggered a major scare when it lost contact with the Air Traffic Control after getting intercepted by German fighter jets. The flight then had to be escorted by German Air Force fighter planes before it landed.
The hike in Indian passengers travelling to or through Dubai International airport has been caused by the fact that seven Indian and Dubai airlines operated to and from 20 Indian cities, which have a total of 185 flights every week, Dubai Airports' media relations manager Zaigham Ali said in New Delhi.
The finance ministry expects a broad-based moderation in inflationary pressures on the back of an anticipated reduction in food prices as a result of the uptick in summer sowing. The retail inflation rate remained stubbornly clung to the 5 per cent mark in seven of the past eight months. "Core inflation is trending downwards, indicating a broad-based moderation in price pressures... Driven by strong domestic growth and benign global commodity prices, core inflation is declining continuously.
The on-time performance (OTP) of Indian carriers took a major dip in January as dense fog foiled their flight schedules. According to data from the Ministry of Civil Aviation reviewed by Business Standard, five out of six major Indian carriers - IndiGo, Air India, AIX Connect, Akasa Air, and Vistara - recorded their lowest OTPs in at least the last 11 months. In response to queries, an Air India spokesperson said that during this winter, northern India experienced unusually prolonged periods of dense fog affecting traffic at the airline's two largest hubs -- Delhi and Mumbai.
Planemakers have started pitching their latest aircraft to a privatised Air India which has been acquired by salt-to-steel conglomerate Tata Sons. European aerospace major Airbus on Monday said that it is in talks with the airline to sell its long haul aircraft Airbus A350-900. The wide-body aircraft is capable of flying non-stop between India and United States- one of the most popular and revenue generating routes.
The chief minister said certain steps by the government, including the introduction of an electric vehicle policy in 2020 and 24-hour electricity supply, had led to an 18.6 per cent decline in air pollution levels in the last four years.
Announcing this at a conference on Communication, Navigation and Surveillance systems, AAI Member (Operations) G K Chaukiyal said that the low-cost airports would be built over 10 years in an effort to reduce the cost of operation.
Curtailment of flights between India and China will help Air India and other airlines to boost their seat occupancy and market share.
The women were travelling in the SUV speeding in the northbound lanes of Interstate 85, Chief Deputy Coroner Mike Ellis from the Greenville County Coroner's Office said.
The airlines' losses globally are expected to be down from $52 billion in 2021 to $9.7 billion this year and industry-wide profit should be on the horizon in 2023, Director General of IATA Willie Walsh said in Doha on Monday. International Air Transport Association (IATA) represents some 290 airlines comprising 83 per cent of global air traffic. Walsh, in his inaugural speech at the 78th annual general meeting of IATA here, said that while the outlook for airlines globally is positive, the business environment remains challenging.
Kolkata hangs its head in shame as the hope of a government with a moral compass and a heart in the right place recedes into the distance, notes Payal Singh Mohanka.
A United States fighter jet Friday shot down an object, the size of a small car, flying with payloads at a height of about 40,000 feet off the northern coast of Alaska on the direction of President Joe Biden, officials said.
Wadia Group-owned Go First Airways' (Go First) insolvency plea could trigger a 'momentum rally' in shares of rival airlines, Interglobe Aviation (parent company of IndiGo) and SpiceJet, as they look to gain bankrupt airline's market share, said analysts. On the bourses, shares of InterGlobe Aviation hit a 52-week high of Rs 2,235.95, surging 8 per cent on the BSE in Wednesday's intra-day trade, before settling 4.5 per cent higher at Rs 2,164 apiece. Those of SpiceJet and Jet Airways, meanwhile, rallied up to 6 per cent in the intra-day trade, and ended 1 per cent and 5 per cent higher, respectively, following the development, which was announced post market hours on Tuesday.
The AI-111 flight departed from the Delhi airport at around 5.20 pm instead of its scheduled departure time of 2 pm, they said.
The DGCA official who wrongly assigned the code of Antonov AN-32 -- an aircraft used by the IAF -- to the SpiceJet aircraft has been suspended, report Arindam Majumder and Aneesh Phadnis.
Assam's flood situation remained critical on Tuesday with over 6.71 lakh people affected in 20 districts in the second wave of flooding this year, as the Indian Air Force (IAF) rescued 13 stranded fishermen from the severely-hit Dibrugarh district, an official said.
Premium passenger numbers rose 6.1 per cent in January, a strong result up on the growth of 4.2 per cent in the same month last year, according to the analysis of premium air traffic carried out by global airlines' body IATA.
Let's take a look at the performance of some major airlines.
Indian Air Force fighter jets were scrambled to intercept a foreign aircraft with its origin in Iran that was moving towards New Delhi's airspace.
At the Indira Gandhi International Airport several early morning departures were delayed with visibility going down below 75 metre. At least 10 flights were delayed due to poor visibility.
Fourteen thousand flights, approximately half of all Europe's air traffic, were back in the air on Tuesday, as harried air passengers braced for further delays after warnings that a new ash cloud was heading towards Britain. However, more ash from Iceland's erupting volcano threatened to stall plans to reopen United Kingdom airspace, including at London's Heathrow, one of the world's busiest airports.Britain's Air traffic control company Nats said the situation was worsening.
Questions that the state had come to recognise over time but consistently delayed treating seriously because doing so requires an overhaul of perspective and lifestyle, notes Shyam G Menon.
Investigators call for civilian photos of weather in Kobe Bryant helicopter wreck
Radar screens at the Air Traffic Control tower at the IGIAirport in New Delhi went blank on Friday following power failure caused by accidental switching off a miniature circuit breaker (MCB) by a worker carrying out an electrical job in ATC, hitting flight operations.
The Adani group plans to bid for setting up duty-free shops at the Macau international airport, as India's largest airport operator spreads its wings overseas. In a stock exchange filing, Adani Enterprises, the flagship firm of the conglomerate run by billionaire Gautam Adani, said it has completed the incorporation of a wholly-owned subsidiary, MTRPL Macau Ltd, in Macau on November 20. The subsidiary has been incorporated for the purpose of getting into the duty-free industry.
Kaushik Khona's second innings at GoAir will be more challenging than the first. Globally, the aviation industry is in deep distress because of the pandemic, reports Aneesh Phadnis.
Inching closer to launch its operations, new no-frill carrier AirAsia India on Saturday took delivery of its first Airbus A-320 as it landed in Chennai after flying in from Toulouse headquarters of the European aircraft manufacturer.