Jet to raise $400m and add 20 new aircraft for expansion.
The entire construction of the Navi Mumbai airport project is expected to be completed in five phases.
SpiceJet said the air conditioning in its Delhi to Darbhanga flight "experienced slight inefficiency" during boarding at Delhi Airport
The 2-month-old Boeing 737 MAX 8 jet plunged into the Java Sea just minutes after taking off from Jakarta on October 29, killing everyone on board.
Old-timers say Jet boss Naresh Goyal, although still razor sharp, doesn't have the same energy he once did and this reflects in his 'baby'.
An immaculate ceremonial parade, a breath-taking aerial demonstration of firepower and a spectacular static display of state-of-the-art equipment marked the celebrations of the 92nd anniversary of the Indian Air Force at the Air Force Station, Tambaram in Chennai, October 8, 2024.
The threats via microblogging platform X came a day after three international flights originating from Mumbai received bomb threats, causing trouble to hundreds of passengers and airline crew.
The Indian Air Force (IAF), soon after receiving information about the sighting of unidentified flying objects near the Imphal airport on Sunday, scrambled its Rafale fighter aircraft to search for them.
In March 2020, soon after the cessation of airline operations globally and domestic flights within India, many in the aviation sector had written Delhi-headquartered low-fare airline SpiceJet's obituary well before that of most of its rivals. Unlike IndiGo, GoAir (now rechristened Go First), Vistara and even AirAsia India, SpiceJet did not have founders or backers with deep pockets. Although it is the only other listed carrier in India besides IndiGo, it was considered the weakest and the least likely to survive the pandemic. But chairman and managing director Ajay Singh surprised everyone by not only surviving but taking the lead on many fronts. Within a few weeks of the scheduled flight stoppage, SpiceJet was doing as many charter flights as it could get hold of.
The Indian Air Force is set to conduct a mega airshow on Marina Beach in Chennai on the occasion of the 92nd Air Force Day on October 6.
'It is typical of China's strategic deception of making virtue out of necessity,' observes Rup Narayan Das.
The National Company Law Tribunal (NCLT) on Tuesday questioned the maintainability of the insolvency plea filed against air carrier SpiceJet by one of its operational creditors Willis Lease Finance Corporation. A two-member NCLT bench comprising Members Mahendra Khandelwal and Rahul Prasad Bhatnagar observed that Willis Lease Finance Corporation has withdrawn its insolvency plea for the same dispute in March 2023 and has approached again with a new plea. The bench wanted to know as Willis Lease Finance Corporation, an aircraft lessor, had filed again for a similar cause of action within a few months.
Ticket refunds remain a challenge, though Jet claims the amount would be credited in 7 to 10 working days after the request is processed.
The Prayagraj airport in India is experiencing a surge in air traffic due to the Maha Kumbh, a major religious festival. The airport is handling an average of 40 non-scheduled charters and private jets daily, with figures reaching 70 on weekends. This is in addition to the average 148 scheduled commercial passenger aircraft operating daily. The airport recently received a contingent of about 180 politicians from Rajasthan and has seen corporate bigwigs like the Ambani brothers, Gautam Adani, and Pawan Munjal pass through. The airport has also hosted four international flights since the beginning of the Maha Kumbh, including a flight carrying Laurene Powell Jobs, the wife of Apple co-founder Steve Jobs. The airport is currently undergoing an upgrade and expansion, and officials are looking forward to the government's plans to integrate Prayagraj with the airports at Kashi and Ayodhya to promote tourism in the region.
More than 80 domestic and international flights of various Indian airlines received bomb threats on Thursday, according to sources.
US Vice President JD Vance called on India to drop non-tariff barriers, give greater access to its markets and buy more American energy products and military hardware. Vance, in a speech in Jaipur, highlighted the need for a stronger US-India partnership for a prosperous and peaceful 21st century. He emphasized the importance of working together to address global challenges and praised Prime Minister Narendra Modi, describing him as a "special person." Vance also urged India to provide greater market access to American products and buy more defense platforms and energy from the US. He suggested that India consider dropping some of the non-tariff barriers for American access to the Indian market and highlighted the benefits of closer India-US defense collaboration, advocating for New Delhi to procure more military hardware from the US. He cited the example of American fifth-generation F-35s, arguing they would give the Indian Air Force the ability to defend its airspace and protect its people like never before. Vance also welcomed the Modi government's budget announcement to amend India's civil nuclear liability laws, paving the way for US producers to export small modular reactors and build larger US-designed reactors in India. He emphasized the importance of energy security for India's AI ambitions, stating "there is no AI future without energy security and energy dominance." Vance's visit comes amid growing global concerns over the US's tariff war.
'Even known names and social media handles went berserk by stating that Karachi has been attacked and an F-16 was shot down.'
It is the first airport in the country to have multi-modal connectivity. This includes a linkage to the project via road, rail, and a metro system.
Or else customers will face capacity shortages and high fares.
Air India and IndiGo have already suspended Kamra from flying until further notice and six months, respectively.
The legendary Russian-origin MiG-21 jets are set to participate for the last time at the annual Air Force Day parade on October 8, with the IAF rolling out the process to phase out the remaining three squadrons of the aircraft.
The move follows the recent probe report by the United States National Transportation Safety Board (NTSB) that highlighted safety concerns involving Boeing 737 aircraft equipped with Collins Aerospace SVO-730 Rudder Rollout Guidance Actuators.
The Ukrainian Air Force on Thursday said that Russia launched a massive missile attack on the city of Dnipro, involving intercontinental ballistic missile (ICBM).
A MiG-29 fighter jet of the Indian Air Force crashed in a field near Uttar Pradesh's Agra on Monday during a routine training sortie after it encountered a 'system malfunction', officials said.
Another reason working in Air India's favour now is the government's plan to clean up part of the airline's burgeoning debt from its books - a major deterrent for investors when it attempted divestment the previous time.
News reports that GE Aerospace has delivered the first of 99 F404-IN20 engines ordered by Hindustan Aeronautics (HAL) for the Tejas Mk-1A has revived interest in the HAL stock.
Both Jet Airways and Go First have met with a similar fate of landing up in insolvency, albeit for different reasons. Whether Go First will be able to avoid the sharp erosion in value like in the case of Jet, experts say, will depend on how quickly it is able to restart operations and retain its slots at airports. Go First, owned by the Wadia group, filed for voluntary corporate insolvency resolution on May 2 due to inadequate capacity utilisation that led to a cash crunch.
A spectacular aerial display showcasing the prowess and manoeuvrability of the Indian Air Force (IAF) aircraft over the iconic Marina sky captivated the hearts of Chennaiites who turned up in thousands on a sultry Sunday and witnessed the IAF's range of new aircraft including Rafale, roar in action.
The China threat continues to resonate in the strategic partnership between India and the USA, points out Rup Narayan Das.
The pact is significant as India has been sourcing its military jets from Russia and European consortia.
Whether it's navigating the labyrinthine Cu Chi Tunnels, boating on the Mekong, marveling at ancient Champa temples, or the Mekong Bay, Vietnam promises a journey like no other.
The two frontline combat aircraft of the Indian Air Force (IAF) crashed during a training mission in Morena on Saturday, resulting in the death of a wing commander while two other pilots ejected safely.
Over 70 per cent of Jet's fleet has been grounded, leading to massive cancellations.
The National Company Law Tribunal (NCLT) on Monday ordered the liquidation of Go First, the budget carrier that stopped flying nearly three years ago after being bogged down by financial woes. In May 2023, the airline filed for a voluntary insolvency resolution process citing financial woes. The tribunal, in a 15-page order, said it is ordering the liquidation of the corporate debtor Go Airlines (India) Ltd.
The IAF has already set up a dedicated operations direction centre for coordinating various aspects of the arrangements with security agencies concerned, they said.
The Tatas have collectively increased their aggregate airlines seat capacity across domestic and international markets by an impressive 20 per cent, going from 64.03 million in calendar year (CY) 2023 to 76.72 million in the current CY, according to data shared by the group that controls Air India in which Vistara has been merged recently. The Tatas also run Air India Express in which Air Asia India has been merged.
Jet also recently announced plans to launch direct flights to Brussels this summer, launching itself as a direct rival to Air India on flights between India and Europe.
After a passenger jet with 181 people on board burst into flames after veering off the runway and colliding with a wall at an airport in South Korea's Muan County on Sunday, authorities believe all but two onboard are feared to have been killed, Yonhap News Agency reported.
None of the 55 passengers or five crew members was injured, they said, adding the DGCA has started an investigation.
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