Air India owns 32 aircraft, and has 37 aircraft on finance lease; Air India Express owns 17 aircraft on finance lease. The aircraft-related debt of Air India is Rs 16,000 crore; it's Rs 1,100 crore for Air India Express.
The forecast represents a 54 per cent fall compared to estimates put out by the trade body in March, and is 78 per cent lower than the $18-billion profit that the industry recorded in 2010.
Just two days after Andhra Pradesh was rocked by an air crash, authorities here went into frenzy this morning when a helicopter disappeared from the radar.
The latest official figures have shown a marginal improvement in air traffic with domestic carriers flying 36.3 lakh (3.63 million) passengers in August compared with 35.97 lakh in the month before.
Rediff.com as the confirmed sequence of events that eventually led to the air crash.
Road and air traffic was suspended yet again as Kashmir Valley was lashed by fresh snowfall on Monday morning.
The forecast comes as the region's carriers continue to surpass global air traffic and capacity growth rates.
A White House plane carrying United States First Lady Michelle Obama had to abort its landing at Andrews Air Force Base since it came dangerously close to a 200-ton military cargo jet, owing to an air traffic controller's mistake, according to federal officials.
Airline officials contend that following the recent air-raids by the LTTE, Sri Lanka's air traffic controllers were no longer in full control of the country's airspace.
The Jammu-Doda and Rajouri-Poonch routes were also closed.
Thousands of anti-government protesters on Monday sealed off parts of Thailand's congested capital Bangkok as part of an intensified campaign to force embattled Premier Yingluck Shinawatra to step down.
Do try making this gourd, Gujarati-style -- it's far tastier than expected.
Naxals killed a security personnel and injured another in Chhattisgarh's Sukma district on Friday afternoon, while a helicopter sent to airlift the injured security personnel had lost connection with air traffic control, police said on Friday. "One jawan of the Chhattisgarh Armed Force was killed and another injured in the Naxal attack in the forest area of Temelwada village under Dornapal police station area," said police spokesperson Sonal Mishra.
Govt gave 36,000 seats per week more than inter-ministerial group's recommendations.
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.
Investigators hunted in vain for the crucial Data Recorder--the 'black box'--of the crashed Air India plane for the second full day and were studying tapes of air traffic control contact with the aircraft in its final moments.
The team from the Directorate General of Civil Aviation, which is probing the Air India plane crash that claimed 158 lives near the Mangalore airport on Saturday, has been divided into four groups to look at a particular aspect of the crash. The four teams will look into engineering and wreckage, operations, air traffic control and aerodrome.A release from the civil aviation ministry states that wreckage group has further been divided into smaller groups.
The United States will partner with public and private sectors to support and modernise the Indian aviation sector, American Ambassador to the country Timothy J Roemer said.
For the first time, the country's largest airline IndiGo will soon lease up to four wide-body Boeing 777 planes to cover the shortfall in its international operations, according to officials. The airline said the wet-leasing of "certain aircraft" will be done as an interim measure. IndiGo, which has so far only been operating narrow-body Airbus planes, ATRs and freighters, will now be having wide-body aircraft in its fleet.
Several airlines in Vancouver are planning to operate to more Indian destinations, subject to bilateral air traffic rights and their respective fleet strengths.
India will need 290 new jet airliners worth $22 billion over the next 20 years to meet growing air travel demand, Boeing Co, the world's top commercial aircraft maker
Normal life was thrown out of gear in Mumbai on Tuesday due to heavy overnight rains that led to severe water logging in many parts of the city and badly disrupted road, rail and air traffic. The heavy downpour accompanied by gusty winds since Monday evening led to traffic snarls at various places. Suburban trains were also running late by 30-45 minutes due to water-logging on the tracks.
It directs authorities to improve information sharing on cyber threats.
With the peak tourist season on the anvil, a new rule has come into effect to allow foreign airlines to mount additional capacity of up to 10 per cent of their entitlements during high air traffic.
"The overall Delhi's Air Quality Index is in the very poor category with few Delhi locations entering at higher zone but that will be short lived. This is mainly because the extremely calm local surface winds which were prevailing yesterday are likely to increase slightly and may further pick-up by Oct 26," SAFAR said.
Rubbishing the allegation that his ministry went out of its way to facilitate the Jet-Etihad deal, Civil Aviation Minister Ajit Singh said he was open to "any inquiry" into the decision to increase air traffic rights to Abu Dhabi.
Delhiites shivered on Monday morning as the mercury plummeted to the season's lowest even as dense fog affected air traffic.
Janata Dal (United) president and former Civil Aviation Minister Sharad Yadav said the barrier of language might have led to the Managalore air crash in which 158 persons onboard were killed.
Following the global economic downturn, there were worries about a downturn in the Indian economy.
Sixty-five incidents of two aircraft coming into close proximity were reported in last three years and some of them occurred when air traffic was being handled by trainee controllers, the Lok Sabha was informed on Wednesday.
An ATC officer's job requires 100 per cent concentration and a break after every one-and-a-half hours.
The aviation regulator DGCA said on Friday that it was extending the suspension of scheduled international passenger flights in the country till July 31 but added that some international scheduled services on selected routes may be permitted on a case to case basis. Scheduled international passenger flights were suspended in India on March 23 due to the coronavirus pandemic.
Since Thursday, April 15, flights into and out of Europe have taken a severe beating due to volcanic eruption in southern Iceland, with ashes being spewed into Europe's busy airspace.
Navi Mumbai airport's construction is facing delays, and is likely to commence commercial operations in 2025 instead of 2024, aviation consultancy firm CAPA has said in a report. When asked about this matter, the Adani Group told Business Standard that the Navi Mumbai airport project is "being executed as per scheduled implementation plan and will be operational by the original target date of December, 2024, without any delay". Navi Mumbai International Airport Limited (NMIAL), responsible for both the construction and operation of the airport, is a subsidiary of the Adani Group.
Around 47 flights from New Delhi alone were cancelled, while 16 flights from Mumbai were not operated following the Air traffic control barring civil aircraft movements at the Srinagar, Jammu, Amritsar, Dehradun, Leh, Pathankot, and Shimla airports, among others, for about four hours since morning.
With major predictions of a deceleration in domestic air traffic, airlines are lowering seat capacity by reducing the number of flights or dropping fares in order to fill up their seats. They have also begun the process of reducing the number of aircraft that they were planning to to induct in their fleet as part of their expansion plans. Management consultancy firm Ernst & Young recently estimated that domestic traffic would grow by 24.16 per cent this year
A helicopter of state-run Pawan Hans with three persons on board including a senior police officer on Tuesday went missing for a while before being spotted in a dense forest.
Domestic air traffic in the first two months of this year fell by 3.57 per cent compared to the same period last year.
The pilot was identified as Mukhopadhya, police added.
© 2026 Rediff.com - Investor Information - Advertise with us - Disclaimer - Privacy Policy - Sitemap - Feedback - About us - Terms of use - Grievances