IndiGo is facing acute shortage of commanders amid aggressive expansion of its fleet. The carrier has more than 210 planes in its fleet.
Iceland's Eyjafjallajoekull volcano has once again started emitting ash, with the latest eruptions casting a 1,600 km-wide ash cloud over the Atlantic.Previous eruptions from Eyjafjallajoekull brought Europe's aviation industry to a grinding halt due to fears about visibility and the possibility of ash entering the engines of airplanes. This had left thousands of travelers stranded across Europe.Authorities are closely monitoring the position and height of the ash cloud.
There were speculations that the venue for the mega event may be shifted.
Tata Group-owned Air India has placed an order for 840 planes with Airbus and Boeing, including the option to acquire 370 aircraft, with a senior airline official on Thursday saying the order is a "landmark moment" in the Indian aviation history. The announcement by Air India's Chief Commercial and Transformation Officer Nipun Aggarwal comes a day after the airline said it has placed a firm order for 470 aircraft -- 250 from Airbus and 220 from Boeing. In a LinkedIn post, Aggarwal said the airline is humbled by the excitement generated across the world by the airline's aircraft order.
India and the US on Thursday said they are looking forward to the reconvening of the India-US Trade Policy Forum later this year to further enhance trade relationship and identify new areas for engagement.
Travelport has decided to make holidaying an over-the-counter experience, where the customer can plan his travel. It will launch about 150-200 travel solution shops by tying up with malls, multiplexes and retail chains. Online travel company Cleartrip.com tied up with the Indian Railway and Catering and Tourism Corporation in September. SOTC plans to hold a six-day long Great Holiday Bazaar across all its outlets from November 3-8, with discounts between 4 and 20 per cent.
With high global crude prices hitting bottomlines of airlines, Jet Airways chief Naresh Goyal said the industry, including his own carrier, would have to raise fares to stay away from a crisis.Crude prices have been on a record run lately and touched $135 a barrel, immensely increasing the cost of jet fuel (ATF).
The collapse of Jet Airways has everything to do with the falling number of wide-bodied aircraft.
Global equity companies have no plans to put their money in the Indian aviation industry even though the carriers are seeking $2.5 billion in cash for expansion. Most players are looking at investing in into large established airlines, but right now are in the wait and watch mode. It will therefore be difficult for low-cost carriers to get funding. The losses of the Indian aviation sector and high valuation expectations are the reasons why investors are not interested.
Airline has also advised passengers to contact its toll free number 18001801407 to check their revised flight number.
The government has cut the windfall profit tax on crude oil produced in the country while the levy on exports of diesel and ATF has been hiked, an official notification said. The tax, levied in the form of special additional excise duty or SAED, on domestically produced crude oil was reduced to Rs 6,700 per tonne from Rs 7,100 a tonne. SAED on the export of diesel was increased to Rs 6 per litre from Rs 5.50 a litre and on jet fuel or ATF to Rs 4 per litre from Rs 2, the notification said.
The recent spate of technical glitches in aircraft has prompted the Directorate General of Civil Aviation (DGCA) to issue an order on July 18, making aircraft maintenance engineers (AMEs) with category B1/B2 licences the final authorities in certifying planes. This has put the spotlight on the availability of such personnel. According to the order, airlines were resorting to frequent one-off authorisation by the Category A certifying staff at transit stations, which is not in line with existing regulatory provisions.
Key stimuli of the government's relief package will be a tax break on jet fuel, waiver of parking and landing charges at airports for the next six months and deferment of payment to oil companies by three months.
Oriental Insurance Company has bagged the domestic aviation industry's first-ever contract to cover losses owing to fog for national flag carrier Air-India.
The gradual recovery of the markets from the recent global recession promises more opportunities for aspiring pilots in the aviation industry, a top official of US-based Delta Flight School said in Chennai on Friday.
In a move that signals a fresh round of consolidation in the recession-hit aviation industry, budget carrier SpiceJet may pick 7.5 per cent stake in another low-cost airline IndiGo.
Around 300 employees, carrying red flags, assembled in front of the old terminal in Delhi, shouting slogans against the management and demanding immediate payment of salaries. "The government cannot defer the salary as per the Payment of Wages Act. It must pay the salary by July 10. The company is not following the rules and regulations and taking decisions which is not in the interest of the employees," J B Kadiyan, general secretary, ACEU, said.
Warning the employees of 'firm' action if flights were disrupted and passengers inconvenienced, the staff notice issued by Air India said the agitation by the Joint Action Forum would violate the Industrial Disputes Act and was 'tantamount to illegal strike. All employees are aware that the company is going through a critical financial situation and, at this stage, any disruption to flights will adversely affect the image of the company.'
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India must address issues that are plaguing its aviation sector.
This incident was also not reported to the DGCA, for which the regulator pulled up the full-service carrier, stating its conduct was unprofessional and issued show cause notices to the airline, its director of flight safety and the crew that operated the New York-Delhi flight, asking them to explain within two weeks why action should not be taken against them.
The committee looked into the merger of the two airlines and its impact on the domestic aviation industry.
Jet's air operator certificate will lapse on May 19.
Made from Jatropha crop, the fuel has been developed by the CSIR-Indian Institute of Petroleum, Dehradun.
A 12-15 per cent growth year-on-year would be sustainable and around 35-40 aircraft would be required to meet this demand, Keskar said, adding a sizable chunk of these aircraft would be leased ones.
The terminal and airside development of as many as nine of the 16 non-metro airports, supposed to be completed by next month, has been delayed till next year. This included construction and expansion of terminal buildings, runways and taxiways, among other things.
The BSE Midcap and the S&P BSE Smallcap indices outperformed to gain 0.6% and 1.1%, respectively
GoAir is smaller in comparison to its rivals but is still surviving despite financial crisis.
Jet Airways group CEO Ravi Chaturvedi has resigned. Amid difficult times for the aviation industry, Jet Airways has cut three of its biggest loss-making international routes and plans to lease four wide-body Boeing 777 aircraft, besides phasing out three Boeing 737 planes.
'It will be like this: If you use the window seat in the first row, next will be the aisle in the second row, to maintain social distancing.' 'So, two-thirds of the aircraft is not going to be used.'
Talks gain ground of strategic stake sale to foreign investor.
Some airports in the country could face disruption in movement of flights due to the strike.
This is the second time in the recent past that the national carrier has had to defer salary payments. In June last year, it had postponed salaries by 15 days due to non-availability of funds.
'Companies are coming to the campuses, and we have companies booking their slots for the placement season, but the overall number of companies signing is low, and the hiring numbers are also lower.'
Bangalore's information and biotechnology majors have again trained their guns at the government over the closure of the existing HAL airport.
Continuing with their agitation, Air India employees on Friday staged a sit-in at the New Delhi airport to protest the decision of the airline management to defer payment of their salaries by a fortnight.
Giovanni Bisignani, CEO of International Air Transport Association, said Delhi and Mumbai airports were one of the worst contributors to the crisis, for their 207 per cent hike in charges. "There is no room for this nonsense in our future. When demand drops, suppliers cannot divide the same costs among fewer customers. The shape of everything must change," he declared.
'Airlines will need a war chest to deal with post-COVID economics.'
An additional 1,400 CISF personnel have been sanctioned to secure the expanding terminal areas of the Delhi airport and also to meet the challenge of its growing passenger traffic, officials said on Thursday.
ersonnel in a revamp that aims to provide cost-effective, reliable, and professionally competent security service at airports. Aneesh Phadnis reports.
