The airlines' CEO expects it have 50 Boeing-737s and 30 Bomardier aircraft by 2016
In one of the largest aircraft purchase deals, Qatar Airways on Tuesday decided to place orders worth $15.2 billion with both Airbus and Boeing.
'If the airlines are not given a clear deadline to change the altimeters by the DGCA, why should they do it voluntarily?' 'It means that the aircraft will be grounded for a while and lose money.'
To attract bidders, the government had decided to hive of around Rs 35,000 crore of the company's debt into a separate subsidiary, leaving around Rs 23,286 crore to be absorbed by the new bidder.
West Asian carriers are up against Air India and IndiGo in the battle for seats on lucrative international routes.
Jet Airways has complained to India's aviation regulator about the use of its livery on SpiceJet aircraft, saying the practice could "mislead the public" and is a safety hazard. Jet collapsed in 2019 and lessors repossessed its Boeing 737s. Some of these aircraft were leased to SpiceJet, which operates them without changing the livery. Jet, which is now being revived by the Kalrock Jalan consortium and aims to restart operations in September, has asked the Directorate General of Civil Aviation (DGCA) to ask SpiceJet to stop using its livery.
India's aviation industry could return to profitability in 2023-24 for the first time since the pandemic. The industry may pare aggregated net loss by 75-80 per cent year-on-year (YoY) to between Rs 3,500 crore and Rs 4,500 crore in 2022-23 (FY23), compared with Rs 17,500 crore of net losses in 2021-22 (FY22). A combination of recovery in passenger volumes and easing cost pressures due to stable fuel and foreign exchange (forex) costs could spark a turnaround. CRISIL says domestic and international passenger traffic recovered to 90 per cent and 98 per cent, respectively, of pre-pandemic traffic (2019-20, or FY20), in April-December 2022, compared with April-December 2019.
Sale of wide-body aircraft will not affect internatinal flights, says Jet
The Tibet-bound plane was carrying 113 passengers and nine crew members, state-run Xinhua news agency reported.
TAL Manufacturing Solutions expects its indigenously made affordable industrial robot, the Brabo, to boost the robotics vertical and contribute almost 40 per cent of its overall revenues in the next five years. Sohini Das reports.
Jet Airways, India's top private carrier, says it is in talks to lease two or three wide-bodied aircraft from Boeing or Airbus for its long-haul international routes starting in April.
This is the largest single dose of equity infusion into the joint venture since its launch in January 2015.
The airline has informed its flight attendants that they would be eligible for leave without pay between November 1 and December 20
A shortage of pilots and cabin crew is one reason for flight delays.
The airline has already decided to lease out an A330 to Etihad and plans to lease out two more this year.
At present, it operates A380 on the Delhi and Mumbai routes.
The C919 - a twin-engine, narrow-body aircraft seating up to 174 people - is similar in size to the Airbus 320.
The 2019 Paris Air Show will run until Sunday at Le Bourget Airport.
One of the arrangements the Indian government is considering is a tie-up with a sovereign fund to finance the Embraer deal.
Jet Airways plans to increase capacity on international routes by reconfiguring existing aircraft and adding new ones.
Air India's home market share has fallen from 19.8% in January to 18% in July.
There are several first officers who have flown 5,000 hours
The new owner may be allowed to dispose of assets accruing from the 10-26 per cent of the net assets of the company.
Vistara has accelerated fleet expansion plan from June 2018 to earlier, open to talks with Boeing as well.
An Air India Boeing aircraft was involved in a "minor" mishap at the John F Kennedy Airport in New York on Saturday when its wing touched another aircraft which was being pulled back for take off but no one was injured.
At least 20 to 30 departures are being cancelled daily from metros and key airports including Ahmedabad, Bengaluru and Hyderabad.
As the global aviation sector slowly recuperates from the aftermath of 9/11 terrorist attack and the SARS menace, competition between traditional rivals Airbus and Boeing is hotting up. Take the Rediff Business
In its bid to revive its cargo service, Air-India has issued tenders to induct four freighter aircraft on lease by March to start operations from April.
Tata Group-owned Air India has informed the Centre that aircraft lessors wish to set up their special purpose vehicles (SPVs) outside India since they aren't enthused about the Indian 'legal structure' and are loath to take risks. Indian airlines have a combined fleet of about 700 planes; over 85 per cent are on lease. A majority of lessors are based in Ireland due to its attractive tax policy, light-touch regulations, and swift legal system.
There is enough room for growth in smaller Indian towns as per US and European aircraft manufacturers
The board of state-run international flag carrier Air-India Ltd on Saturday deferred a key multi-billion-dollar plan to buy up to 17 planes from either Boeing or Airbus, a spokesman said.\n\n\n\n
The board of international flag carrier Air-India will take a final decision on April 9 on a multi-billion-dollar plan to buy up to 17 planes from either Boeing or Airbus, a spokesman said.
Improvement in load factors, coupled with an increase in seat capacity after Jet's slots were allotted to low-cost airlines, has resulted in an increase in daily passenger traffic.
The airline would offer access to in-flight connectivity only on Dreamliners and Airbus 321 aircraft on international routes.
The defence and aerospace sectors have seen at least over Rs 10,000 crore worth of MoUs being signed during the summit.
If all 102 grounded planes could fly, there will theoretically be 400 more Delhi-Mumbai flights every day.
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.
The most luxurious aircraft used for the ultimate jetsetters.
About 50,000 spectators, officials, spectators and mediapersons cheered as the 308 tonne plane, designed to pose a major challenge to the Boeing 747, flew on its maiden flight.
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