Civil Aviation Minister Praful Patel's plans to make India a maintenance, repair and overhaul hub for aircraft in Asia are set to crash. China, once again, has left India way behind. While over 300 MRO companies are in operation in China, only three have set up shops in India - Max Aerospace, Airworks and Indamer.
Paramount Airways, the Coimbatore-based private airline, is in an advanced stages of negotiations with aircraft manufacturers Airbus and Boeing for a $1 billion order of 15 wide-bodied aircraft. The deal is likely to be announced shortly.
Budget airlines are now set to explore the non-metro markets. With high growth prospects there, the carriers are pumping in funds and offering attractive packages to lure customers.
This is the third time this month that the national carrier has invited bids for leasing out aircraft.
An Airbus A-380 of the Singapore Airlines (SIA) on Friday took off from Singapore for Delhi, marking the maiden flight of the superjumbo to India.
Airplane engine major Pratt & Whitney is planning to set up an aircraft engine workshop in India
A notification from the ministry has raised the minimum equity capital requirement for a five-fleet carrier that wants to fly Airbuses and Boeings (or aircraft above 40,000 kg weight) from Rs 30 crore to Rs 50 crore.
7,000 unemployed pilots in India but airlines continue to bet on expats
A Russian fund submitted its interest to the resolution professional on February 14 and also hired a consultancy firm to help them with the bidding process.
To become a type-rated pilot, a person has to take additional training.
Civil Aviation Minister Praful Patel has said that up to Rs 2 lakh crore investment is expected in the country's civil aviation sector in the next five years, higher than any other sector.
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The Dreamliner's introduction on the daily Singapore route is on popular demand, said Nirbhik Narang, Air India's country manager in Singapore.
Austrian Airlines is all set to begin services from Vienna to Mumbai from September 1 with five flights a week.
Pilots will strictly go by the roster and perform all "stabilised approach
In a path-breaking expansion bid, Jet Airways on Tuesday signed a deal with Airbus to buy ten A 330-200 and A 330-300 aircraft, with options to acquire ten more aircraft.
"We badly need the new fleet," Commercial Director of Air India V K Verma said without going into the lingering controversy over the national carrier's recent decision to buy 50 aircraft from Boeing, arch-rival of Airbus.
Air Sahara on Thursday announced that it would launch its international operations between April and July and change its colour to orange, white, green and blue from Friday.
The travel period for tickets availed under this offer stands between January 15 and April 12
With both Boeing and Airbus pitching for the medium capacity long-range aircraft order worth over $1.5 billion, the Air-India board would meet on Saturday to finalise its decision on buying 10 aircraft with options for seven more.
Air-India board to mull craft purchase on Jan 24
Air-India board, which met in Mumbai on Friday, deferred a decision on acquisition of short capacity, short range or SCSR aircraft, according to an A-I spokesperson.
Aluminium has one third the weight of steel and is highly malleable and elastic.
Jet has about 1,200 pilots operating Airbus, Boeing and ATR aircraft.
'We are going to have plane crashes left, right and centre.'
Jet Airways has also been asked to provide details of the pilots who are "habitual" of reporting sick and disrupting the airline's schedule, an official said.
The Bengaluru skies dazzled with somersaults and stunts by metal birds.
Jet Airways requires at least 200 more pilots to carry out its operations in a seamless manner
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