Akasa Air's standalone net loss rose 18.7 per cent year-on-year (Y-o-Y) to roughly Rs 1,983 crore in 2024-25 (FY25), driven by rising employee costs, aircraft maintenance and airport charges, and a sharp increase in foreign exchange (forex) expenses, sources privy to the development told Business Standard.
Air India, in a statement, said it has cancelled a "small" number of flights between November and December on account of delayed return of some aircraft from heavy maintenance and supply chain constraints, without naming the destinations.
'In multi-pilot operations, no critical switch can be moved without the other pilot's consent.'
The new supplies of the Igla-S air defence missiles have been received by the Indian Army a couple of weeks ago and are being provided to the forward formations for taking care of the threat from enemy fighter aircraft, choppers and drones on the borders.
The Indian Air Force (IAF) is set to retire its MiG-21 aircraft in September after over six decades of service. The last of the MiG-21 jets will be given a farewell at a ceremony in Chandigarh.
Two passengers were offloaded from a SpiceJet flight at Delhi airport after attempting to forcefully enter the cockpit while the aircraft was taxiing. The flight to Mumbai was delayed as a result.
This Asia Cup has charred the relationship between India and Pakistan players.
IndiGo, which operates the largest fleet among Indian carriers, has reported the highest number of serious engine-related incidents.
The 15-page report recommends no action to the Boeing 787-8 and/or the General Electric GEnx-1B engine operators and manufacturers.
China displayed a range of new weapons at a military parade, including laser weapons, nuclear ballistic missiles, giant underwater drones, and fifth-generation aircraft.
Indian airports' push to become global hubs will depend on reducing passenger leakage to rival airports abroad, scaling up direct long-haul connectivity, and offering transfer experiences that are faster, smoother, and more attractive than those of regional competitors, said panellists at the Business Standard Infrastructure Summit on Thursday.
The Aircraft Accident Investigation Bureau (AAIB) is expected to release its preliminary report this week on the Air India plane crash in Ahmedabad, which resulted in the deaths of at least 260 people. The investigation is ongoing, with the help of foreign experts, and the black box and voice recorder data are being analyzed.
Air India replaced the Throttle Control Module (TCM) of the crashed Boeing 787-8 plane twice in the last six years following a directive from Boeing in 2019, sources said on Sunday. The replacement of the TCM twice -- in 2019 and 2023 -- was mentioned in the Aircraft Accident Investigation Bureau's (AAIB) preliminary probe report into the crash that was released on Saturday.
'The aircraft is expected to be ready for rollout between January and March 2026, and to fly by the end of the year.'
It will be too premature to draw conclusions on the role of pilots from the preliminary investigation report into the fatal crash of Air India plane last month and the final report will mention about the most probable cause for the accident, former Aircraft Accident Investigation Bureau (AAIB) chief Aurobindo Handa said on Sunday.
The Federation of Indian Pilots (FIP) has asked the government to reassess possible technical misinterpretation or mechanical faults in Air India's Boeing 787-8 plane that crashed last month and sought inclusion of subject matter experts in the probe.
'There are only a few countries in the world that have deployed combat-ready laser systems.'
'In the inspections, no issues were found with the said locking mechanism.'
The country's largest airline IndiGo on Wednesday reported a 20 per cent decline in profit after tax at Rs 2,176.3 crore for the June quarter as airspace curbs and overall challenging operating environment crimped its bottom line even as the carrier flew 12 per cent more passengers during the period.
The gap between the existing air bases in China close to the LAC for fighter aircraft operations was around 400 kms but this would be bridged with the operationalisation of the Shakche airfield.
'We will see whether there were losses or not, and whether the war aims were achieved. When the truth comes out, some may well be surprised,' says Dassault CEO.
Air India is cooperating with regulators and authorities in the investigation into the Ahmedabad plane crash after the Aircraft Accident Investigation Bureau released its preliminary report.
The incident took place on Sunday morning at the city's Chaudhary Charan Singh International Airport and all passengers were deboarded safely. No harm was caused to the aircraft.
'India has the capital to invest in defence production.' 'With clear timelines and commitments, private industry can deliver surge capacity effectively.'
Here is a look at the sequence of events leading to the deadly crash:
Aircraft manufacturer Boeing on Saturday said it continues to support the ongoing investigation into the Air India Flight AI171 crash, hours after the Aircraft Accident Investigation Bureau (AAIB) released its preliminary report on the incident that occurred in Ahmedabad.
The exit of Larsen & Toubro (L&T) from the Hyderabad Metro is a long-term positive for the stock. It could be a bullish trigger, alongside higher international orders, and new opportunities in segments like defence and data centres.
Pilots typically operate the fuel control switches during two key phases: At engine start-up on the ground and during engine shutdown after landing.
T20I skipper Suryakumar's hearing following PCB complaint done in presence of match-referee, board representatives: ICC sources
It is India's worst aviation disaster since the 2020 Kozhikode crash.
"Decoding of the black box is going to give in-depth insight into what happened moments before the plane crash," Civil Aviation Minister K Rammohan Naidu said at a briefing in the national capital.
'What we need to watch is how Saudi Arabia's financial assistance will be used by Pakistan. If the funds go to build their military hardware and operations, it should worry us.'
The US bombed three nuclear sites in Iran early Sunday, with President Donald Trump warning of additional strikes if Iran retaliates.
Recalling or relabelling medicines already in the supply chain before September 22 will not be mandatory, the finance ministry said on Tuesday, issuing a fresh set of frequently asked questions (FAQs) to address industry concerns following the announcement of goods and services tax (GST) revisions.
Why not stream all the data in real time to multiple recipients? It would make the investigation of aviation incidents much easier and far more transparent, recommends Devangshu Datta.
The local administration denied the rumours about aerial strikes by the Pakistani fighter jets on the compound, saying the explosives used in bomb making exploded, causing the death of 24 people, including 14 militants.
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.
Aviation watchdog DGCA has issued a circular to airlines and the Airports Authority of India (AAI) on measures to deal with threats from jamming and spoofing of the Global Navigation Satellite System (GNSS) amid reports of such interference in the Middle East.
'This was textbook emergency response under stress.'
Soon after the takeoff, the pilot of ill-fated Air India aircraft gave a Mayday call to the Ahmedabad air traffic controller.
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