India will soon have a dedicated global facility to convert passenger airplanes to cargo planes, with state-run aerospace major Hindustan Aeronautics Limited planning a full fledged conversion centre for Boeing aircraft
Boeing Commercial Airplanes on Tuesday offered to replace the aircraft leased by Air-India from South Korea with new generation ones at a 'great price' and said Indian Airlines would save over Rs 700 crore (Rs 7 billion) if it bought planes from it.
Modi made the comments in his address after inaugurating the 14th edition of Aero India at the Yalahanka Air Force station complex on the outskirts of Bengaluru.
State-run Air-India will lease 14 Boeing aircraft to launch a no-frills airline that will slash passengers' fares by 25 per cent, an airline official said.\n\n\n\n
The airlines is in talks with Oman Air and Etihad.
Six global defence majors, including US giants Lockheed Martin and Boeing, and European consortium EADS, today offered to invest an estimated $2 billion to $3 billion to revitalise India's defence and aerospace industry.Under the proposals, which came days after New Delhi unveiled a new investment-friendly weapons procurement policy, the companies offered to pump in more investments, create defence exports and set up weapon-related joint ventures.
Air India will train its pilots in Singapore for the Boeing 787 Dreamliner aircraft, due for delivery from December. The move is sparking a protest from one of its pilots' unions, on promotion issues.
The safety and security of citizens is primary for the government, he said.
'Within five years, we should be achieving more on the international front than what it took most airlines 15 to 20 years back.'
Air-India on Tuesday took the delivery of the first of the three Boeing 737-800s for its subsidiary A-I Express for operations to the Gulf.
Based in California and having a strong presence in Bangalore, Narus is a leading provider of real-time network traffic and analytics software used to protect against cyber attacks and persistent threats aimed at large Internet Protocol networks.
SpiceJet is in talks with aircraft makers for a jet deal.
Singh made the remarks while addressing a "CEOs' Roundtable" at the 14th edition of Aero India at the Yelahanka Air Force station complex on the outskirts of Bengaluru.
'A ferry flight is scheduled to operate to GDX (Magadan) from Mumbai, at 1300 hours IST on June 7, subject to necessary regulatory clearances, which would take passengers and crew of AI173 onward to San Francisco,' the airline said in the statement on Wednesday.
A day after Air-India gave away its entire Rs 30,000 crore (Rs 300 billion) deal for 50 aircraft to American company Boeing
The AH-64E Apache is one of the world's most advanced multi-role combat helicopters, and is flown by the US army.
Tata Group-owned Air India will buy 250 aircraft, including 40 wide-body planes, from Airbus as the airline expands its fleet and operations. This is the first time in more than 17 years that Air India has placed an aircraft order. It is also the first order placed by the carrier under the ownership of Tata Group. On Tuesday, Tata Sons chairman N Chandrasekaran said Air India has signed a letter of intent to acquire 250 aircraft from Airbus.
Air-India has taken three Boeing 777s on lease for a five-year period beginning December 2004.
After rectifying battery glitches, Air India has inducted 6 aircraft so far
Air-India plans to expand its 33 aircraft fleet by dry leasing two Boeing 747-400 aircraft and increasing the number of seats during the summer season.
Flight AI173 from Delhi was diverted to Magadan in Russia on Tuesday owing to an engine glitch, the Tata Group-owned private carrier said in a statement last evening.
Meanwhile, efforts are being made to tow the aircraft to a remote bay and once that is accomplished, the airlines may take it to some place where the aircraft could be serviced, the sources said.
Apple chief executive Tim Cook on Wednesday met Prime Minister Narendra Modi as the iPhone manufacturer is looking to invest more in the world's second-largest smartphone market. Cook, on his first trip to India in seven years, opened Apple's first retail store in the country in Mumbai on Tuesday and will launch another in Delhi on Thursday. Looking to replicate what China did to Apple's business in the last 15 years, the tech giant is eyeing India's massive market with an expanding middle class to power sales growth, and potentially make it a home base for the production of millions of Apple devices.
Aviation watchdog Directorate General of Civil Aviation (DGCA) has asked Vistara to submit a daily report on flight cancellations and delays as the Tata group airline cancelled more than 50 flights for the second straight day on Tuesday amid non-availability of pilots.
Two pilot unions at Air India have claimed that there is a shortage of pilots to operate the airline's long-haul and ultra-long haul flights. The concerns raised by the Indian Pilots Guild (IPG) and Indian Commercial Pilots Association (ICPA) also come against the backdrop of the Tatas-owned airline recently cancelling and rescheduling certain flights to and from the North American region due to crew shortage. In a joint letter written to Air India's chief human resources officer Suresh Dutt Tripathi on December 13, the unions said, "...we cannot maintain the printed planned roster due to a shortage of pilots, as CMS (crew management system) does not have standby pilots."
Indian Air Force aircraft will continue operations unabated to sustain India's ground forces on the frontlines during winter.
India remained the world's top arms importer, but its imports declined by 11 per cent between 2013-17 and 2018-22, according to a report released on Monday by Stockholm-based defence think-tank SIPRI.
Air India has leased a fleet of six Airbus A320 neo aircraft from CDB Aviation, a wholly owned Irish subsidiary of China Development Bank Financial Leasing Co Limited, to boost the Tata Group-owned company's transformation journey, a statement said on Wednesday. The leasing agreement was signed on the sidelines of the Airline Economics Growth Frontiers Asia Pacific 2022 conference, said the CDB Asia statement. CDB Aviation is among the first aircraft leasing companies to secure the placement of Air India's additional A320 neo aircraft under the recently announced multi-stage transformation plan since the purchase of the airline by Tata group, which aims to increase the carrier's fleet and help it boost both domestic and international operations.
Air-India is to acquire 18 aircraft of 160-seater plus category, worth over $1.5 billion, during the next five years, even as it has decided to scale down its requirement of long-range aircraft from 17 to 10 planes.
'You can't just have one single player who is individually doing well and be able to win the World Championship or the Olympics.' 'In the Thomas Cup, you need a group of players performing at the same time at their highest level.' 'So that shows how difficult it is, and what a great achievement that is for a country like India to be able to win it.'
India is attempting to soft-land a rover on the moon and will attempt, at some point next year hopefully, sending humans into orbit. All of this makes an exciting time for space around the world, notes Aakar Patel.
For the defence ministry, Aero India 2021 is an opportunity to show its commitment to the prime minister's 'Atmanirbhar Bharat' initiative.
Interim Budget, the US Federal policy decision and quarterly earnings will be the major drivers for stock markets which may also see some consolidation this week, say analysts. Besides, investors would also focus on the trading activity of foreign investors and global trends for further cues. From the macroeconomic front, the PMI (Purchasing Managers' Index) data for the manufacturing sector is scheduled to be announced on Thursday.
With inadequacies in the Russian MiG-29Ks that India bought to operate off the INS Vikramaditya and INS Vikrant, the acquisition of a capable, long-range multi-role carrier-based fighters will be critical for India's naval power.
