IndiGo promoter Rakesh Gangwal's family trust on Thursday sold a 1.3 per cent stake in the country's largest airline for Rs 2,933 crore through open market transactions, cumulatively offloading shares worth Rs 14,497 crore so far this year. With the latest sale, the cumulative divestment by Rakesh Gangwal, along with his wife Shobha Gangwal and their family trust -- the Chinkerpoo Family Trust -- stood at Rs 39,532.79 crore, translating to around $4.51 billion.
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.
Celebi Airport Services India withdrew its plea in the Bombay High Court against the revocation of its security clearance by the Bureau of Civil Aviation Security (BCAS) following Operation Sindoor.
Colliers reports that GCC leasing has jumped from 4.6 million square feet in 2021 and is expected to hit 10.6 million square feet by 2025 -- a clear sign that multinationals see Bengaluru as a long-term base.
Reliance Industries Ltd, India's largest buyer of Russian oil and most impacted by the latest US sanctions, on Friday said it will comply with all applicable restrictions and will adjust its refinery operations to meet compliance requirements.
In the last one week, nearly 100 flights of Indian airlines received bomb threats.
"Heartbroken by the loss of Shri @RNTata2000 Ji, whose visionary leadership not only transformed India's industry but also played a pivotal role in shaping our aviation sector," Naidu said in a post on X.
The Sikkim government has announced the opening of Doka-La and Cho-La battlefields for domestic tourists starting October 1, under the Bharat Ranbhoomi Darshan initiative. Strict guidelines for security and environmental protection will be in place.
HAL executives said deliveries of the Tejas Mk1A to the IAF would begin within this year, but only after the successful completion of the weapons-firing trials currently underway.
The lawsuit has compensatory and punitive damages against the defendants for the wrongful deaths of four passengers on flight 171, US-based law firm The Lanier Law Firm said in a statement.
A Pune college refutes allegations of caste bias by a former student who claimed the college withheld job verification, leading to job loss. The college clarifies it sent the document and the student did not lose his job.
Delhi is preparing for its first artificial rain through cloud seeding to combat air pollution. A trial run was successful, and the first rainfall is expected on October 29 if weather conditions are favorable.
The Supreme Court has criticized the selective publication of a preliminary report on the Air India crash, calling it 'unfortunate and irresponsible'. The court raised concerns about privacy, dignity of victims' families, and the potential for biased narratives.
Indian and US military contingents will participate in a joint exercise in Alaska, focusing on tactical drills and integrated use of military systems.
Even as the years roll on, I know this: Whenever the history of the Indian Air Force is written, my name will always soar.
Minister of State for Civil Aviation Murlidhar Mohol in a written reply said the three-letter airport codes once assigned are considered permanent and are altered only under exceptional circumstances, usually involving air safety concerns.
'It is most pertinent to note that in over 25 years of flying, Captain Sabharwal had not had a single incident or accident-causing fatalities or otherwise'
Prime Minister Narendra Modi inaugurates the Navi Mumbai International Airport and a portion of the Mumbai Metro Line, marking significant improvements to transportation infrastructure in Mumbai.
Extending its nuclear power plant supply relationship with India to the non-nuclear sector, Russia's integrated atomic power major Rosatom State Corporation is in talks for a 50:50 additive technology joint venture.
Starting Wednesday, October 1, foreigners in India have the option to submit a 'digital arrival card' online instead of the paper card.
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 Aircraft Accident Investigation Bureau (AAIB) is 'totally unbiased' and is carrying out a definitive and thorough rule-based probe to find out what exactly led to the Air India plane crash that killed 260 people last month, Civil Aviation Minister K Rammohan Naidu said in Rajya Sabha on Monday.
Additionally, rates in the aviation sector are also expected to increase due to huge claim outgo in the Air India crash.
The truth about what triggered the fatal crash of the Dreamliner should not only help bring the guilty to book, but also outline the future course of action in aviation safety, notes Nivedita Mookerji.
An Air India Express flight from Delhi to Indore, carrying 161 passengers, experienced an engine fault mid-air. The pilot issued a 'PAN-PAN' call, indicating a non-life-threatening emergency, and the plane landed safely in Indore with a slight delay.
The Delhi High Court dismissed Turkish-based firm Celebi's challenge to the revocation of its security clearance by aviation watchdog BCAS in the "interest of national security."
Of these, as many as seven are Level-1 violations, which are considered critical safety risks and require immediate corrective action by the air operator, they said.
An Air India flight bound for Indore made an emergency landing in Delhi after a fire indication in one of its engines. All passengers are safe and being transferred to another aircraft.
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 has been issued nine show cause notices for safety violations in the last six months, according to the civil aviation ministry. The Directorate General of Civil Aviation (DGCA) has taken enforcement action on one violation. This follows a fatal accident involving an Air India Boeing 787-8 aircraft.
The government on Tuesday announced certain incentives as part of efforts to boost maintenance, repair and overhaul activities in the country's aviation and shipping sectors. India is one of the fastest growing domestic aviation markets in the world.
In a December 2012 interview, Ratan Tata, then preparing to step down as chairman of Tata Sons, expressed doubts about the Tata group re-entering the aviation sector, calling it a space plagued by "destructive competition". But beneath that frustration lay nearly two decades of failed attempts to conquer the Indian skies. In 1994, Tata, along with Singapore Airlines, had plans to launch a joint venture (JV) airline in India.
The Indian Air Force is set to retire its fleet of MiG-21 fighter jets at a decommissioning event in Chandigarh. The event will mark the end of an era for the aircraft that has been a key part of the IAF's combat fleet for over six decades.
Prime Minister Narendra Modi on Wednesday asked the Congress to tell the nation who prevented India's military response after the 26/11 Mumbai terror attacks linked to Pakistan, and accused the party of weakening the fight against terrorism when in power.
SpiceJet on Sunday said a senior Army officer, who was to board a flight to Delhi, assaulted four airline ground staffers at the Srinagar airport on July 26, and one of them suffered a spinal fracture.
The proposal, expected to be worth over Rs 2 lakh crore, including the indigenous content of more than 60 percent, is expected to be taken up for discussion by the Defence Procurement Board headed by the defence secretary in the next few weeks.
The civil aviation ministry reports six aircraft engine shutdown incidents and three May Day calls in India this year. The Air India plane crash investigation is ongoing, with all aspects being examined.
The officer has been banned from taking any domestic, international or non-scheduled flights operated by the airline during this period, they added.
Aviation regulator DGCA has issued four show cause notices to Air India for various violations related to cabin crew rest and duty norms, cabin crew training rules and operational procedures, a month after the airline made certain voluntary disclosures to the watchdog.
'AAIB preliminary report was more detailed than most people were expecting.'
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