New airline Akasa Air on Thursday took delivery of the first 737 Max aircraft from Boeing in Seattle, USA, a statement said.
Amid a spate of hoax bomb threats to multiple airlines, the IT ministry has asked social media platforms to observe due diligence obligations and promptly remove or disable access to misinformation within the strict timelines prescribed under IT rules.
The Indian embassy in France has reached and obtained consular access.
Demand for the Christmas period is expected to rise further in the coming days.
'Ajit Doval said, "They are threatening us now".'
'The past few quarters have seen prohibitive fares for advance bookings, only to dip closer to departure.'
The sources in the know said around 7 flights each of IndiGo, Vistara and SpiceJet got the threats while 6 flights of Air India received the threats.
Except GoAir, all other Indian airlines have opened bookings for their domestic flights that will start operating from May 25. GoAir will open bookings on domestic flights from June 1 onwards.
MRTPC has suspected cartelisation amongst low-cost fliers over fixing of air fairs. It has called for a probe into the matter.
Domestic rating agency ICRA on Monday said Indian companies are likely to clock 7-8 per cent revenue growth during the March quarter of the current fiscal year, led by revival in rural demand and uptick in government spending. ICRA expects the private capital expenditure (capex) cycle to remain measured in view of the uncertainties around geopolitical developments and relatively subdued outlook on merchandise exports from India.
Prime Minister Narendra Modi and his Spanish counterpart Pedro Sanchez on Monday inaugurated the Tata Advanced System Limited (TASL)-Airbus facility in Vadodara to manufacture C-295 military aircraft in India.
Oil marketing companies (OMCs), paint manufacturers, tyre producers, and aviation stocks witnessed significant gains as Brent crude oil prices slipped below $70 per barrel. The price drop came after a double blow: The US imposed tariffs on Canada and Mexico, including energy imports, and OPEC+ - the group of major oil-producing nations including Russia - announced an output increase of 138,000 barrels per day, the first such hike since 2022.
'Even if India is attractive, FPIs currently lack the funds to invest, as money is being redirected to the US.'
The Boeing 737 took off from Bole International Airport in Addis Ababa at 8.38 am.
In about a fortnight, Vistara - known for its premium service - will take off on its final flight before merging into the legacy of Air India. Set for November 12, the merger has sparked discussions on how these two distinct brands will blend.
Starting November 12, Vistara aircraft will be operated under the Air India banner, to be identified by a special four-digit flight code beginning with "2".
To tap Indian civil aviation market's growth potential, the government on Saturday announced a modified regional air connectivity scheme UDAN (Ude Desh ka Aam Naagrik) to connect 120 new destinations, airport projects in Bihar and upgradation of infrastructure for air cargo in the Union Budget.
The pattern of domestic airlines receiving bomb threats to their flights continued for the fourth day as two international flights, one each of Vistara and IndiGo, were targeted in the similar manner on Thursday.
Budget carriers say no to full cost airlines' proposal to up rates.
India is proposing a new law that would impose a jail term of up to seven years and a fine of Rs 10 lakh on anyone found using a forged passport or visa to enter, stay, or exit the country. The Immigration and Foreigners Bill, 2025, also mandates reporting of foreign visitors by hotels, universities, and hospitals to track overstaying individuals. The bill aims to simplify laws, ease business, and strengthen national security while promoting economic growth and tourism.
SpiceJet's resurgence, once the new funding is in place, has the potential to disrupt the Indian aviation market in 2024 as the airline will bring its grounded aircraft back to service and lease as many planes as possible to be competitively relevant, aviation consultancy firm Capa India said on Thursday. "Although the market for procuring aircraft in 2024 is exceptionally tight, we expect that SpiceJet will bring stored aircraft back into operations, and will wet or dry lease as much capacity as possible, in order to be competitively relevant. "This will have a material impact on the industry structure, and possibly on domestic profitability," Capa India said in its report.
Taking hoax bomb-threat messages and calls seriously, the government has started identifying those behind the menace and asked social media platforms like Meta and X to share data on such messages, sources said.
A threat about the presence of bombs on an Akasa Air flight at Biju Patnaik International Airport in Bhubaneswar was received on social media, but it later turned out to be a hoax, an official of the airport said on Thursday.
Indian airlines flew over 4.5 per cent more passengers in the 11 months of this year compared to the same period last year, with IndiGo retaining its top position in market share.
Civil Aviation Minister Vayalar Ravi said the air carriers had sought a meeting with the prime minister.
Private carrier Air India on Monday announced placing an order to purchase 100 more Airbus aircraft, comprising 10 wide-body A350 and 90 narrow-body A320 family aircraft including A321neo.
The Cochin International Airport (CIAL), the first international airport in the country outside the ambit of the union government, is planning to launch a dedicated international cargo airline service.
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.
Poaching engineers in the domestic airline industry will no more be easy.
Several passengers have been complaining on social media as domestic airlines have decided not to give refunds in cash for cancelled flights due to the lockdown and instead issue credit for future travel.
Indigo has zero competition on 61.2 per cent of its 838 domestic routes.
There is a high possibility that one or two Indian airlines might not survive the rough weather.
Modi alleged that the Congress government in Karnataka gave reservations in tenders based on religion, "snatching the rights of SCs, STs and OBCs." But Ambedkar had said there would not be reservation based on religion and there is a bar on giving reservation on the basis of religion in the Constitution, he stressed.
Markets regulator Sebi has kept in abeyance the processing of Go Airlines' draft papers for an initial public offer worth Rs 3,600 crore. Go Airlines (India) Ltd, which has announced rebranding itself as 'Go First', filed preliminary papers for an initial share sale worth Rs 3,600 crore in May. The proceeds will be mainly used to repay dues. The "issuance of observations (has been) kept in abeyance", according to Sebi's latest update on processing status of Go Airlines' draft offer documents. The information was updated on June 25. In Sebi parlance, issuance of observations implies its go-ahead for the IPO.
