News for 'National Aviation Company of India'

Act against Pakistan's terror ecosystem: India to Turkiye

Act against Pakistan's terror ecosystem: India to Turkiye

Rediff.com23 May 2025

India expects Turkiye to strongly urge Pakistan to end its support to cross-border terrorism, said ministry of external affairs spokesperson, Randhir Jaiswal during the weekly briefing on Thursday.

IndiGo gets DGCA extension for Turkish Airlines Boeing 777 lease

IndiGo gets DGCA extension for Turkish Airlines Boeing 777 lease

Rediff.com29 Aug 2025

Aviation watchdog DGCA has granted IndiGo a six-month extension to operate two leased Boeing 777 aircraft from Turkish Airlines, subject to certain conditions. This decision comes after a previous extension and amidst geopolitical considerations.

Govt revokes nod for Turkish firm Celebi's airport services; DIAL ends ties

Govt revokes nod for Turkish firm Celebi's airport services; DIAL ends ties

Rediff.com15 May 2025

Turkiye and Azerbaijan backed Pakistan and condemned India's recent strikes on terror camps in that country and Pakistan-occupied Kashmir under Operation Sindoor.

Air India fleet expansion on course

Air India fleet expansion on course

Rediff.com27 Jul 2009

There were concerns in some quarters that the airline would defer the purchase of some aircraft in order to save costs.

Global aviation leasing body downgrades India in light of Go First case

Global aviation leasing body downgrades India in light of Go First case

Rediff.com26 Sep 2023

Aviation Working Group (AWG), a global aviation leasing body comprising major planemakers and lessors, on Monday further downgraded India as lessors have not been able to repossess their planes from Go First more than four months after the airline filed for insolvency. The leasing cost stands as a prominent expense for Indian airlines. With AWG's downgrade, it is likely that lessors will increase the aircraft leasing rates for Indian carriers.

Flyer urinates on fellow passenger on Bangkok Air India flight

Flyer urinates on fellow passenger on Bangkok Air India flight

Rediff.com9 Apr 2025

An Air India passenger allegedly urinated on a fellow traveller during a flight from Delhi to Bangkok on Wednesday. Air India has reported the incident to the authorities (DGCA) and is investigating the matter. The airline has also stated that its crew followed all laid down procedures in handling the situation and offered assistance to the aggrieved passenger.

'Business as usual': Indian firms brush off Turkiye tensions

'Business as usual': Indian firms brush off Turkiye tensions

Rediff.com10 Jun 2025

Even as New Delhi turns up the heat on Turkish firms over Ankara's public embrace of Islamabad, Indian companies rooted in Trkiye are staying put. Mahindra & Mahindra (M&M), Dabur India, and Jubilant FoodWorks say it's business as usual, with no plans to alter course despite the geopolitical chill.

No more extensions: IndiGo gets DGCA ultimatum on Turkish plane lease

No more extensions: IndiGo gets DGCA ultimatum on Turkish plane lease

Rediff.com30 May 2025

The development also comes against the backdrop of Turkiye backing Pakistan and condemning India's strikes on terror camps in the neighbouring country earlier this month.

What To Expect At Aero India 2025

What To Expect At Aero India 2025

Rediff.com7 Feb 2025

'At Aero India 2025, be prepared to be inspired, awed, and educated,' says Air Commodore Rohith Vijayadev, Air Officer Commanding Yelahanka. 'Aero India 2025 promises to be more than just an air show; it is a celebration of innovation, collaboration, and India's growing leadership in global defence and aviation,' notes Air Commodore Nitin Sathe (retd).

Celebi's clearance revoked citing unprecedented threat: Govt

Celebi's clearance revoked citing unprecedented threat: Govt

Rediff.com22 May 2025

The Indian government defended its decision to revoke the security clearance of Turkey-based Celebi without warning, citing an "unprecedented" threat to aviation security. Solicitor General Tushar Mehta argued that giving a hearing or reasons before taking action would "defeat the purpose" in matters of national security. The decision came after Turkey backed Pakistan and condemned India's airstrikes on terror camps in the neighboring country. Celebi, which operates at nine Indian airports, has challenged the government's move in court.

$150 Million Insurance Claims Loom After AI 171 Crash

$150 Million Insurance Claims Loom After AI 171 Crash

Rediff.com23 Jun 2025

The claims will include three kinds of liabilities: Damage to the aircraft; loss of lives who were aboard the aircraft; including the crew members; and third-party liability because of loss of lives where the aircraft crashed; and cargo liability.

Revival board keen to help Air India

Revival board keen to help Air India

Rediff.com29 Jun 2009

The Board for Reconstruction of Public Sector Enterprises wants to examine the grave financial problems of Air India, but neither the Civil Aviation Ministry nor the national carrier has responded to the BRPSE offer.

AI 171 Crash: A Timeline Of Events

AI 171 Crash: A Timeline Of Events

Rediff.com12 Jul 2025

A timeline of events related to the investigation of the Air India Boeing 787 crash in Ahmedabad, including investigation initiation, black box recovery, and safety measures taken.

ED summons Praful Patel in UPA-era aviation scam

ED summons Praful Patel in UPA-era aviation scam

Rediff.com1 Jun 2019

The NCP leader said that he will be happy to cooperate with the ED so that the agency understands the "complexities" of the aviation sector.

Cabinet may clear AI's Rs 1,200-cr equity infusion

Cabinet may clear AI's Rs 1,200-cr equity infusion

Rediff.com15 Oct 2010

National Aviation Company India Ltd, which runs Air India, is likely to receive government approval for its second equity infusion of Rs 1,200 crore (Rs 12 billion) by next week.

Air India looks at new revenue streams

Air India looks at new revenue streams

Rediff.com10 Aug 2009

Plans to rake in Rs 900 crore from marketing engineering, cargo & training services.

New Air-India MD takes charge

New Air-India MD takes charge

Rediff.com27 Apr 2009

E.K. Bharat Bhushan has assumed charge as chairman & managing director of the National Aviation Company of India Limited.

Gustav Baldauf named Air India COO

Gustav Baldauf named Air India COO

Rediff.com7 Apr 2010

The National Aviation Company Ltd, which runs Air India, today named Gustav Baldauf as its chief operating officer.

Indian airlines face turbulence over new global emission norms

Indian airlines face turbulence over new global emission norms

Rediff.com22 Apr 2025

'CORSIA has set impossible targets. It tries to limit countries to the emission levels of the number of aircraft that they had in 2020. That has to be opposed.'

Air India plans more cost-cutting

Air India plans more cost-cutting

Rediff.com15 Jan 2009

With no equity infusion from the government in sight and the company posting losses to the tune of Rs 2,154 crore (Rs 21.54 billion) in FY'08, the National Aviation Company of India (NACIL) has tightened its purse-strings.

IndiGo to start direct flights to London, 9 other intl destinations

IndiGo to start direct flights to London, 9 other intl destinations

Rediff.com30 May 2025

IndiGo will start direct flights to a total of 10 international destinations, including London and Athens, in the current financial year, its CEO Pieter Elbers said on Friday. Other destinations include Amsterdam (the Netherlands), Manchester (the UK), Copenhagen (Denmark) Siem Reap (Cambodia) and four places in Central Asia.

Massive fuel bills due for major air carriers

Massive fuel bills due for major air carriers

Rediff.com13 Jul 2010

Analysts say this is a reflection of the high debt that most aviation companies have on their books. "Aviation companies are unable to pay their dues because they are into losses.

Loans raised by Nacil will get government backing

Loans raised by Nacil will get government backing

Rediff.com29 Sep 2010

The finance ministry has agreed to furnish sovereign guarantees on loans raised by National Aviation Company India Ltd, which flies under the Air India brand name. A top source in the ministry confirmed: "Yes, we will provide sovereign guarantee to Air India on its loans. After all, it is a company owned by the government."

Pak-linked hackers launched 1.5m cyber attacks on India

Pak-linked hackers launched 1.5m cyber attacks on India

Rediff.com13 May 2025

Of these only 150 attacks were successful, officials said on Monday.

Why Promoters Are Cutting Stake In Companies

Why Promoters Are Cutting Stake In Companies

Rediff.com26 Jun 2024

'This trend will continue as long as the bull run continues.'

Raghu Menon takes over as Air India chief

Raghu Menon takes over as Air India chief

Rediff.com26 Mar 2008

Raghu Menon, special secretary and financial advisor in the civil aviation ministry, has been appointed the chairman and managing director of Air India, ending weeks of speculation over the issue.The Appointments Committee of the Cabinet approved the name of Menon, a 1974 batch IAS officer of the Assam-Nagaland cadre, after a keen race for the top job in the National Aviation Company of India Limited (NACIL), which runs the merged national carrier.

What DGCA Wants AI To Check Before B787 Flights

What DGCA Wants AI To Check Before B787 Flights

Rediff.com14 Jun 2025

The DGCA directive called for a series of specific checks before each flight's departure from India, including inspection of fuel parameter monitoring systems, cabin air compressors, and electronic engine control units.

Air India staff plan strike on Mar 18

Air India staff plan strike on Mar 18

Rediff.com15 Mar 2008

A proposed strike by almost all sections of Air India employees next Tuesday on various demands, including implementation of agreements relating to wages and cadre policy, has been declared illegal.After a meeting on Saturday, top officials of the Civil Aviation Ministry and the National Aviation Company of India Limited (NACIL), which runs Air India, decided to "take serious view" if the employees went ahead with their threat, official sources said.

Exim Bank, Air India sign $1-bn deal

Exim Bank, Air India sign $1-bn deal

Rediff.com29 Jan 2010

These purchases represent the third phase of Air India's 68-aircraft fleet renewal plan. EXIM Bank had earlier approved $1.2 billion in 2007 and $548.8 million in 2008 to support the financing of NACIL's purchases of Boeing aircraft.

Air India may opt for IPO to fund recovery

Air India may opt for IPO to fund recovery

Rediff.com24 Mar 2010

As a pre-requisite, the airline has taken the first step by appointing four independent directors to the state-owned company's expanded 13-member board. Stock exchange listing requirements mandate that one-third of a company's board must consist of independent directors.

How flight data recorders assist in aircraft crash investigations

How flight data recorders assist in aircraft crash investigations

Rediff.com13 Jun 2025

In modern aircraft, there are cockpit voice recorder and digital flight data recorder.

Air India board mulls raising Rs 3,000 cr

Air India board mulls raising Rs 3,000 cr

Rediff.com21 May 2009

The board meeting of the state-owned airlines was also attended by Arvind Jadhav, for the first time since he took over as Nacil CMD after the sudden exit of erstwhile chairman Raghu Menon from the company. However, sources in the company said no final decision could be taken as the issue would be discussed with the new government and the civil aviation ministry.

More institutes scrap MoUs with Turkiye, Azerbaijan; jewellers join protest

More institutes scrap MoUs with Turkiye, Azerbaijan; jewellers join protest

Rediff.com16 May 2025

The move came against the backdrop of Turkiye backing Pakistan and its condemnation of India's strikes on terror camps in the neighbouring country and Pakistan-occupied Kashmir under Operation Sindoor.

Cash crunch: Air India ups working capital

Cash crunch: Air India ups working capital

Rediff.com22 Jul 2008

The National Aviation Company of India (NACIL), the entity that came into being after the merger of national carriers Air India and Indian, has increased its working capital limit to around Rs 9,500 crore (Rs 95 billion) in order to meet the recent hikes in fuel prices.

Cost cutting: Booz Allen may help Air India

Cost cutting: Booz Allen may help Air India

Rediff.com2 Dec 2009

The Air India board is likely to give its approval to the appointment of global consultancy firm, Booz Allen and Company, for its cost restructuring plan.

Air India on way to Rs 50 billion loss

Air India on way to Rs 50 billion loss

Rediff.com7 Jul 2009

NACIL had submitted a proposal in October 2008 for equity infusion of Rs 1,231 crore (Rs 12.31 billion) and provision of soft loan of Rs 2,750 crore (Rs 27.5 billion), with an interest of approximately 5 per cent payable over 15 years.

Air India: Headed for a crash landing

Air India: Headed for a crash landing

Rediff.com16 Jun 2009

While the civil aviation ministry's activist supervision of the airline's functioning is said to be responsible for much of the mess, the airline management has its own sins to answer for.

Air India told to declare pay, perks of top bosses

Air India told to declare pay, perks of top bosses

Rediff.com18 Jan 2010

Information Commissioner Sushma Singh told the officials of National Aviation Company of India Limited, the company formed after the merger of Air India and Indian Airlines, to give the details of 'pay, perks and privileges' enjoyed by its chairman, managing director and functional directors to Right to Information activist Subhash Chandra Agrawal.

Air India to restructure routes as losses soar

Air India to restructure routes as losses soar

Rediff.com28 Apr 2009

The airline, which was formed through a merger of international carrier Air India and domestic carrier Indian Airlines announced in 2007, has accumulated losses of Rs 4,334 crore till March 31, of which fiscal 2008-09 will account for almost Rs 3,000 crore.

Air India plans to revive Vayudoot

Air India plans to revive Vayudoot

Rediff.com1 Nov 2010

Delhi-based Vayudoot was launched as a subsidiary of erstwhile Indian Airlines in January 1981 to serve the northeast region.