The 2019 Paris Air Show will run until Sunday at Le Bourget Airport.
The objections were filed after Airbus failed to repay Rs 196 crore, availed by the aircraft-making company on behalf of Mallya-controlled Kingfisher Airlines
At the recently concluded Dubai airshow, Akasa, Rakesh Radheyshyam Jhunjhunwala's new airline, signed a $9 billion deal with American aircraft maker Boeing to buy its 737 MAX planes and a $4 billion one for engines with CFM, a joint venture between GE of the US and Safran of France. Unlike his financial doppelganger Warren Buffett, who divested billions from his airline stock portfolio at the start of the pandemic, Jhunjhunwala is wagering his billions in a brand new airline. The legendary investor bought a roughly 40 per cent stake in SNV Aviation in September, Akasa's holding company, started in March by three former Jet Airways colleagues. With aviation still to recover from its pandemic slump, the big question around his foray into domestic aviation, due to take off in summer 2022, is whether it is another pie in the sky.
The aircraft, which has been grounded since March following two fatal crashes which killed 346 on board, is crucial to Indian low-cost airline SpiceJet's fortune, which has up to 205 aircraft on order. With the grounding, the airline's capacity expansion plan is suffering.
The acquisition will give the Tatas a firm footing on international routes and generate economies of scale.
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.
The airline would offer access to in-flight connectivity only on Dreamliners and Airbus 321 aircraft on international routes.
The BJP said the email purportedly by an Airbus executive referred to a helicopter deal and not Rafale.
Airbus claims the new aircraft is 15 per cent more fuel efficient than the exiting versions of A320
To make space for the extra row, Vistara has opted for the smartLav concept offered by Airbus
With this, the biggest buyer of Airbus SE A320neo planes seems to be moving away from Pratt & Whitney engines, which have been experiencing glitches. CFM International will deliver the first engine by 2020.
Etihad is the fourth airline to operate the super jumbo aircraft to India.
The recent migration of marquee investments from Maharashtra to Gujarat seems to have rekindled the Marathi manoos sentiment.
DGCA has also permitted the airline to deploy newly-inducted planes for capacity expansion.
As a model of transport, the A380 strikes a parallel -- a shared fragility -- with giant container ships, observes Shyam G Menon.
Analysts remain sceptical on the profitability from freighter business, saying that once normal air transport resumes and there's abundant belly capacity, the traditional economics of air cargo may not be that lucrative.
Coordination between defence and civilian authorities has freed up airspace for commercial airlines in India, resulting in routes becoming shorter and costs coming down, apart from mitigating pollution. "Due to various restrictions of the military, only about 58 per cent of the Indian airspace was being utilised. It is close to 70 per cent now," said an official of the Airports Authority of India (AAI). Officials of the AAI said to date 119 routes had been shortened. Sources said since December 2020 the cumulative savings of airlines had been close to Rs 200 crore while there was a reduction in emission of around 45,000 tonnes of carbon.
HAL is poised to sell the Philippines at least seven Dhruv Advanced Light Helicopters and eight Dornier 228 aircraft for Rs 30 billion, reports Ajai Shukla.
The Champions League final was set to be staged at Zenit St Petersburg's stadium on May 28.
One of the world's largest cargo carriers, A300-600ST aircraft is celebrating its 20th birthday.
Rakesh Jhunjhunwala-backed new airline Akasa is in talks with US aerospace company Boeing for buying up to 100 737 Max aircraft. Former Jet Airways CEO Vinay Dube and his family members are promoters while ex-IndiGo president Aditya Ghosh is a board member of the airline. The airline is in negotiation with Boeing and has reached out to the government to recertify the aircraft which has been grounded since 2018 after two crashes killing 349 persons, according to sources in the know.
For Indians, Sri Lanka is one of the favourite venues for destination weddings. But last month, when a family from Delhi chartered a Vistara Airbus A320 to Colombo, it packed much more than the standard paraphernalia of clothes, gifts and jewellery. The family ferried meals from Delhi for all the guests and to cover their entire stay in Colombo due to the food and fuel shortages in the island nation.
We live in hope that India and its airlines might finally grow up, notes Anuli Bhargava.
Hemant Shivsaran lists the number of projects the Modi government has announced since August to woo Gujarat voters.
The airline is not convinced that it will have a sizeable passenger traffic to make wide body operations profitable
It was supposed to be a happy journey to London, one that the Imam family had been planning for the past two months. Everything was set - except the visa, which did not arrive in time for one of its members. "Visa was the villain...As a consequence, half of the family of four will be in London today and the other half at home in India and the US, respectively," Sanjar Imam, director of travel firm Panache World, wrote in a Facebook post on Sunday.
The new owner may be allowed to dispose of assets accruing from the 10-26 per cent of the net assets of the company.
Antrix, ISRO's commercial arm, is eyeing 10% of the $357 billion global market.
People in the know said the move would impact around 110 engines, virtually putting a spanner on the expansion plans of IndiGo - counted among the fastest growing airlines in the world.
The airline is strengthening its flight operations department to make this happen.
A320neo, the narrow-body, fuel-efficient aircraft from the Airbus stable, is making its debut at the Hyderabad air show.
A major mishap was averted on Wednesday when the wingtips of two aircraft -- one of them taxiing and the other on the verge of takeoff -- touched each other at the Mumbai's Chhatrapati Shivaji International Airport in Mumbai.
Airline mum on offer plans, sources say it will be looking to raise around Rs 1,000-1,200 crore
'We should have calmed down the child. We will do an internal analysis on that.'
They will grow at 5.8 per cent a year.
The Wadia group-owned airline is building a new management team and putting in place strategies for efficient operations. Leading the change is Cornelis Vrieswijk, the airline's new chief executive officer.
Indicating that Monday might be his last day in office, Yediyurappa had recently said that based on the instructions that the central leaders will give him on July 25, he will begin "his work" from July 26.
IndiGo and GoAir, which have Pratt & Whitney-powered Airbus A320 Neo planes, have been facing problems with these engines, manufactured by the US firm, since their induction three years ago.
Airline may cut its fleet from the existing 64 planes over the next few months.
