Most airlines have fattened their profits, turned the corner, or cut their losses, except AirAsia India.
According to Madhavan, the delivery of the Tejas LCA to the IAF under the Rs 48,000-crore deal will begin from March 2024 and around 16 aircraft will be rolled out annually till the completion of the total supply of 83 jets.
In March this year, domestic air traffic had spiked by 1.6 per cent to 5.18 million passengers, compared to 5.1 million in March 2012.
The overall responsibility of the low-cost carrier, Air India Express, would be that of Joint Managing Director Vishwapati Trivedi, with P P Singh being appointed its Chief Operating Officer. Both of them would be based in Delhi, sources said.
New airline Akasa Air on Thursday took delivery of the first 737 Max aircraft from Boeing in Seattle, USA, a statement said.
The first all electric Mercedes AMG launched in India
As Boeing rolled out its new B-787 'Dreamliner', Air India has said it had chosen the aircraft as its workhorse keeping in mind concerns of economics and environment while the US aircraft major promised to buy goods and services from Indian cos.
V Thulasidas, an officer of the Indian Administrative Service of Tripura cadre, on Monday, took over as the chairman and managing director of Air-India.
'Because it is the only public sector company in this sector, currently.'
Air India will launch its direct flights from India to Mauritius from September 12, its chairman and managing director V Tulasidas said.
The name, brand and names of at least three top officials of the new airline, created by the merger of Air India and Indian, would be finalised by June this year.
The market buzz is that the GoAir promoters are hoping for a valuation that is at least a little more than double its closest rival SpiceJet.
Hybrids have helped Maruti acquire leadership in SUVs, a segment that was never its forte. Toyota has also risen with the hybrid tide to clock its highest-ever annual sales in 2023.
In a dramatic turn of events in May 2019, an Emirates aircraft en-route to Dubai was asked to stop while it was taxiing for a take off in Mumbai. The pilot was given no reason and ordered to immediately return to the parking bay. As the aircraft returned to the terminal, two passengers from the first class - Naresh Goyal and his wife Anita - were offloaded by the immigration authorities, who said the duo cannot leave the country. Goyal, founder of Jet Airways, was stunned. The man, who ruled the aviation sector for two and a half decades with an iron hand, did not expect to be offloaded in this fashion.
Ending suspense over the appointment of Air-India MD, the government said on Friday that Sunil Arora, chairman and managing director of Indian Airlines would assume additional charge of the international airline.
The Enforcement Directorate (ED) is expected to press money laundering charges against its two officers and some private individuals who were recently booked by the CBI in a bribery case linked to an accused arrested in the alleged Delhi liquor policy scam, official sources said Tuesday.
Rolls-Royce plc, a UK-based aero engine giant, announced on Friday that it was bidding for engines for Air India's 2.2 billion aircraft acquisition plan
Rolls-Royce plc, a UK-based aero engine giant, announced on Friday that it was bidding for engines for Air India's 2.2 billion aircraft acquisition plan
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.
The heat index in major metro cities in the country has majorly risen since 2010 compared to a decade earlier.
West Bengal government has 1.2 per cent stake in BAPL.
'Indian single malts have a very specific character.' 'They are sweet when you take a frontal palette approach and change significantly with the addition of water.'
In a major relief for pilots in dealing with fatigue, aviation watchdog DGCA on Monday came out with revised norms that increase their weekly rest time to 48 hours and limit the number of landings to two during night operations. The Directorate General of Civil Aviation (DGCA) has also extended the night hours for pilots and now, it covers the period from 0000-0600 hours whereas it was 0000-0500 hours earlier. Besides, all airlines have to compulsorily submit quarterly fatigue reports, which "should follow a follow a non-punitive and confidentiality policy".
"For an airline, the most important asset are the pilots. They are a mature lot who understand that strikes will not help anyone, that planes have to fly; only then will the money come."
Naval Group's announcement comes a day before Prime Minister Narendra Modi's visit to Paris where he is scheduled meet recently re-elected French President Emmanuel Macron.
Even as the Air India Board meets on Wednesday to discuss productivity-linked incentives (PLI) and other issues, the Joint Action Committee of various trade unions has warned against imposing any decision on the employees unilaterally.
'What's sad today is that there are so many people who cannot find work, not because the country is devoid of that opportunity, but because we are not doing enough in the country.'
Air India's new chief Ashwani Lohani is a man of many parts. Here are 10 interesting facts about him.
The government is ready to support Air India, but wants the airline to improve its performance.
'We would love to have more players entering the market because that is how the business will grow.'
No date has been announced for Air India's induction into the club of more than 28 leading carriers
The airline filed a police complaint against the woman, who was travelling in business class.
Malaysian budget airline AirAsia moved a step closer to securing permission to launch operations in India, with Civil Aviation Minister Ajit Singh on Monday saying that all issues concerning the carrier's application have been resolved.
"The AI865 flight on Thursday got delayed as it developed a technical snag. It had to return to the bay. Passengers started knocking on the cockpit door, asking and taunting the pilots to come out," said an airline official. "One male passenger even said that he will break open the cockpit door if the pilots didn't come out," the official said, adding the situation inside the plane "went from bad to worse".
The airline is in the process of getting the final nods from DGCA and is planning to operate six flights in Phase-I.
Helicopters are anticipated to be more in demand compared to fixed-wing aircraft as choppers will help in providing accessibility to rural and remote areas in a shorter time.
'Even for operational buildings, we are looking to smarten them in various ways.'
J N Gogoi, former managing director of Air-India, died in Dibrugarh, Assam early Thurday following a massive heart attack, an A-I official said in Mumbai.
