The Airports Authority of India has received a request for a waiver from contractual restrictions that prevent airport concessionaires and their group entities from holding equity in scheduled airlines, Minister of State for Civil Aviation Murlidhar Mohol confirmed in the Rajya Sabha. This comes amid reports of the Adani group's interest in the airline business, despite their denial.
Tewolde Gebremariam, a seasoned aviation professional with extensive experience at Ethiopian Airlines, has been named the new Chief Executive Officer and Managing Director of Air India. He is tasked with leading the airline's ambitious five-year transformation plan, Vihaan.AI, aimed at achieving significant growth and profitability, marking him as the second foreign national to helm Air India under Tata Group ownership.
Air India has announced the appointment of Tewolde Gebremariam, former CEO of Ethiopian Airlines Group, as its new Managing Director and Chief Executive Officer, replacing Campbell Wilson. This strategic appointment comes as the airline navigates expansion amidst significant challenges.
Air India and Air India Express are implementing mandatory psychoactive substance testing for all their 5,000+ pilots. This decision follows an incident where the pilot of a Phuket-Delhi flight, which experienced a sudden altitude drop injuring 24 people, tested positive for marijuana. The testing aims to enhance safety standards and reassure passengers.
SpiceJet passengers on a Delhi-Pune flight experienced significant discomfort due to an air conditioning issue on Tuesday, leading to an alternate aircraft being arranged. Social media videos showed passengers fanning themselves in the heat, though the airline claimed AC remained operational and attributed discomfort to prevailing weather.
Air India Group has accumulated losses of about Rs 47,821 crore since its takeover, leaving its prolonged transformation among the biggest unfinished projects of N Chandrasekaran's tenure.
Airlines are cutting not only international services but also domestic flights, especially on routes projected to remain unprofitable in the coming weeks due to weak demand and high fares.
Willie Walsh, former IATA Director General and CEO of British Airways, has officially taken charge as the CEO of IndiGo, India's largest airline, with a mandate to drive global expansion and operational excellence.
The support will be provided to oil-marketing companies (OMCs) in the form of interest-free advances through the ministry of petroleum and natural gas. The OMCs, in turn, will use the fund to provide ATF price stabilisation support to Indian carriers operating domestic and international flights.
The pilot-in-command of an Air India Phuket-Delhi flight that experienced a sudden 300-foot altitude drop last week has tested positive for a psychoactive substance, identified by sources as marijuana, in a confirmatory test. This development comes as Civil Aviation Minister K Rammohan Naidu met with Air India executives to discuss the serious incident, which left 24 people injured.
IndiGo Managing Director Rahul Bhatia has stated that the airline has 'taken all the necessary steps' to learn from the operational disruption faced in December last year, while outlining a long-term vision focused on customer trust, international expansion, and establishing India as a global aviation hub.
Two Air India Group pilots have failed initial drug tests, with their samples sent for confirmatory analysis. This comes after mandatory psychoactive substance testing was implemented following an incident where a pilot tested positive for marijuana after a flight lost altitude.
Natarajan Chandrasekaran, credited with stabilising Tata Sons after a boardroom coup and overseeing significant expansion, has announced his resignation as chairman, capping a nearly decade-long tenure marked by both successes and escalating tensions with the group's controlling charitable trusts.
Air India has confirmed that all 13 passengers injured during severe mid-air turbulence on a Phuket-Delhi flight have been discharged from hospital. However, four crew members involved in the incident continue to receive medical treatment. The Directorate General of Civil Aviation (DGCA) is investigating the matter.
An Air India flight from Phuket to Delhi encountered severe mid-air turbulence, causing the aircraft to lose 300 feet in altitude. The incident resulted in injuries to 15 people, including 11 passengers and 4 cabin crew members, with one crew member sustaining severe injuries. The Directorate General of Civil Aviation is investigating the event.
Domestic air traffic in India experienced a nearly 12 per cent decline in June, falling to 1.35 crore passengers from 1.53 crore in May, with IndiGo increasing its market share to 66.3 per cent.
GMR Aero Technic has signed a license agreement with Honeywell Aerospace to provide maintenance, repair, and overhaul (MRO) services for LEAP engine line replaceable units (LRUs). This partnership will enhance MRO capabilities for Airbus A320neo and Boeing 737 MAX aircraft in India, leveraging Honeywell's technology and GMR's infrastructure to offer efficient and cost-effective solutions for regional airlines.
IndiGo, India's largest airline, reported a net loss of Rs 238 crore for the June quarter, primarily attributed to a significant surge in fuel prices and operational constraints stemming from the West Asia conflict.
Reliance Industries and Rolls-Royce on Friday said they intend to jointly develop a sovereign combat engine for the Advanced Medium Combat Aircraft (AMCA) programme, marking a bid by India's largest private-sector company and Britain's storied aero-engine maker to build indigenous fighter-jet propulsion capability in the country.
Reliance Industries and Rolls-Royce on Friday said they intend to jointly develop a sovereign combat engine for the Advanced Medium Combat Aircraft (AMCA) programme, marking a bid by India's largest private-sector company and Britain's storied aero-engine maker to build indigenous fighter-jet propulsion capability in the country.
=The investigation is examining the circumstances surrounding the aircraft's sudden altitude variation and the actions of the flight crew.
Air India, IndiGo and SpiceJet have told the government that the country's airline industry is under extreme stress and on the verge of "stopping operations", as they sought revision in ATF pricing and financial support.
The CEO said Saharashree was like a father to them. On his own wedding day, he touched Saharashree's feet before his parents'.
India's public sector banks (PSBs) have seen their net profit nearly treble over the past five years, reaching a record Rs 1.98 trillion in FY26, driven by significant improvements in asset quality and sustained lending growth across key economic sectors.
An Air India A320 flight from Phuket to Delhi experienced a sudden 300-foot altitude drop due to multiple technical glitches, including triple hydraulic failures and autopilot disconnection, injuring 17 people. An investigation by AAIB, with assistance from French agency BEA and Airbus, is underway, while the pilot-in-command is undergoing confirmatory psychoactive substance testing.
Yuvraj Sandhu, competing on the DP World Tour for the first time, delivered an impressive opening round of 3-under 69 at the Turkish Airlines Open, placing him within the Top-10. Shubhankar Sharma also performed well, finishing with a 2-under 70. Sweden's Mikael Lindberg leads the tournament after a bogey-free 66.
IndiGo, India's largest airline, has placed a record-breaking order with CFM International for over 1,000 LEAP-1A engines to power its 510 Airbus A320 neo family aircraft. This significant deal, announced at the Farnborough International Airshow, also includes extensive MRO support and material services, reinforcing CFM's commitment to the Indian aviation market.
Nepal Airlines has apologised for a map shared on social media that incorrectly depicted Jammu and Kashmir as part of Pakistan, leading to a swift backlash and the removal of the post.
Indian Hotels Company (IHCL) reported a 20.8 per cent year-on-year rise in net profit for Q1 FY27, reaching 357.9 crore, despite macroeconomic headwinds like geopolitical tensions in West Asia impacting international travel and airline catering business.
India's Yuvraj Sandhu finished T43 at the Turkish Airlines Open after a difficult final round, while Mikael Lindberg secured his first DP World Tour title.
Kapila Chandrasena, former CEO of SriLankan Airlines, was found dead at his home in suspicious circumstances after securing bail in a corruption case. He was charged with taking a kickback on aircraft purchases for the national carrier and had allegedly admitted to bribing former president Mahinda Rajapaksa.
Yuvraj Sandhu of India is in the Top-10 at the halfway stage of the Turkish Airlines Open on the DP World Tour after a steady round of 1-under 71. Shubhankar Sharma also made the cut despite a difficult finish.
The government has confirmed that Boeing's detailed examination of the Dreamliner aircraft's fuel control switch locking mechanism found no abnormality, following an Air India pilot's report of a possible issue. This investigation was prompted after an Air India flight from London to Bengaluru in February, and comes amidst an ongoing probe into a fatal Dreamliner crash last year where fuel supply to engines was cut off.
Air India Group anticipates the delivery of 50-60 new aircraft within the next 18 months, with its ambitious transformation programme progressing despite global challenges like supply chain issues and geopolitical tensions, according to Chief Commercial Officer Nipun Aggarwal.
Aviation watchdog DGCA has issued a warning letter to IndiGo for lapses in compliance with norms for handling dangerous goods and has asked the airline to review the relevant training programme to include more practical exercises as well as operational scenarios.
Indian Hotels Company (IHCL) reported a healthy 14.6 per cent consolidated revenue growth in Q1 FY27, largely driven by a robust 17.6 per cent increase in domestic operations, offsetting geopolitical disruptions. Brokerages anticipate sustained growth, with Motilal Oswal Research projecting 12-14 per cent growth in FY27, supported by strong leisure demand and an asset-light expansion pipeline.
Indian benchmark indices Sensex and Nifty experienced a significant decline in early trade, with the Sensex falling over 500 points and the Nifty over 150 points, as Brent crude oil prices surged past USD 100 per barrel due to escalating geopolitical tensions in the West Asia. track sensex, Nifty on July 24.
IBS Group has launched Naviq Technology, an artificial intelligence company dedicated to the global travel industry, backed by a substantial USD 500 million investment over the next five years. The new venture aims to partner with major travel players to drive business transformations, modernise operations, and leverage AI for new revenue streams, with plans for significant job creation in India.
'We may be able to wind back some of the schedule reductions we'd taken in recent months.'
Akasa Air, despite facing headwinds from the West Asia conflict and rising aviation turbine fuel prices, expects to maintain a 30-40 per cent growth trajectory over the next five years and aims for an initial public offering (IPO) within two to four years, according to CFO Ankur Goel.
