National carrier Air India has tied up with Deutsche Bank and the British lender Investec Bank to raise up to $500 million to take the delivery of five Boeing Dreamliners, according to airline sources.
US aircraft manufacturer Boeing has asked Air India to avoid flying its Dreamliner planes near thunderstorms as it enhanced the risk of icing on engines and the airline has changed its operating procedures accordingly.
US aircraft manufacturer Boeing said on Tuesday the company will deliver more wide-bodied 777 aircraft to India in 2009 than in the current year, besides the 787 Dreamliner.
The flight AI 1946 landed at the Indira Gandhi International Airport here at around 11.40 pm.
This is the third instance in the last three days when the aviation regulator grounded a plane after an incident.
Air India's Dreamliner fleet suffered 136 "minor" technical problems between their delivery since September last year and till late last month, Civil Aviation Minister Ajit Singh has said.
A Mumbai-Delhi air ticket is now available upwards of Rs 3,700 for next day travel on all airlines.
'The funds were arranged from multiple banks at a very competitive rate and converted into dollars at the best rates.'
EasyJet agreed to buy 35 current-generation A320 aircraft and 100 new-generation A320neo jets, with options for a further 100, the airline announced on the second day of the Paris Airshow.
Boeing will bring over 20 aircraft for the domestic market.
An Air India Dreamliner, flying non-stop from Sydney to Delhi, with 215 people on board, on Wednesday landed in Kuala Lumpur under emergency conditions after its cockpit panels suffered a software malfunction.
An additional lease rental of Rs 200 crore on nine Boeing 787 Dreamliners was the reason for ending in the red this quarter, Arindam Majumder reports from New Delhi.
Air India, which is operating flights to evacuate Indians stranded in foreign countries, have asked its pilots to undertake coronavirus test before they operate such flights.
Currently, Vistara has more than 22 planes and operates around 850 flights every week.
Here are eight images that prove we live in a mad, mad world.
The Tata group may have to deploy upwards of $1 billion to improve the airline's passenger reservation system, upgrade and refurbish Air India's fleet, primarily the wide-body aircraft which are the mainstay for the airline's international operations, people in the know said. While the group has not yet decided on how it intends to integrate Air India with its existing airlines AirAsia India and Vistara, sources said the first task will be to refinance Air India's existing loans, upgrade its aircraft gradually, and rewrite multiple business contracts with vendors and suppliers. "They will have to do 100 things to stabilise the airline and will have to put in a lot of money," DIPAM secretary Tuhin Kanta Pandey said, confirming that many aircraft are grounded.
The national carrier is surviving on a Rs 30,000-crore (Rs 300-billion) bailout package.
In a LinkedIn post on Wednesday, February 15, night, Nipun Aggarwal had said Air India, in addition to the order of 470 planes, had the option to purchase 370 aircraft from Airbus and Boeing.
'We have informed the government multiple times that the situation in the US and India are different.' 'Here, there will be a 500 MHz gap in the frequencies which will safely allow aviation without interference.'
Air India is seeking government approval to raise a Rs 2,000 crore loan and refinance $819 million aircraft debt, which would help tide over the financial crisis.
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With the launch of these services, Air India would become the first airline to operate the new Boeing-787 Dreamliner to the Australian continent, a spokesperson said.
Thirty years ago, he'd introduced himself as Capt Rohan Bhasin to his playschool teacher.
Air India Express along with SpiceJet and Jet Airways is one of the three main targets for Boeing in the country as it promotes its new 737 MAX aircraft, which is scheduled to enter commercial operations in 2017.
Ninety years later, BA counts the country as its second-biggest overseas market after the US.
Etihad said it declined to lodge an EoI to reinvest in Jet Airways because of unresolved issues concerning the airline's liabilities.
SpiceJet also plans to increase its daily flights to 251.
... changing seats and in-flight entertainment on its older aircraft.
Tata Group-owned Air India is considering buying more than 200 new planes with 70 per cent of them being narrow-bodied aircraft, aviation industry sources said on Sunday. While Air India has zeroed in on Airbus's A350 wide-bodied aircraft for the procurement, the talks with Airbus and Boeing for narrow-bodied aircraft is still on, they said. A wide-bodied plane like Airbus A350 has a bigger fuel tank that allows it to travel longer distances such as the India-US routes.
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.
The issue had come up during a presentation by the Civil Aviation Ministry.
The airline is also shutting down its Lagos route with effect from October 10.
The 2019 Paris Air Show will run until Sunday at Le Bourget Airport.
It is raining trouble for Air India's Dreamliner fleet as one of the aircraft was forced to return to New Delhi on Thursday after developing a windshield crack mid-air on its way to Kolkata.
The total cost will include expenses related to crew, fuel, navigation, landing and parking charges.
This closure has led to increase in flight duration and has put a strain on Mumbai's air traffic controllers, who are working extra shifts to handle the increase in traffic.
To attract bidders, the government had decided to hive of around Rs 35,000 crore of the company's debt into a separate subsidiary, leaving around Rs 23,286 crore to be absorbed by the new bidder.
The Indira Gandhi International airport and Birmingham Airport signed an MoU to develop further links and formalise a working relationship.
"It was a very proud moment for me as well as the entire Air India crew when we heard from Pakistan ATC praising our special flight operations to Europe," one of the senior captains of the special flight said.
Aviation regulator DGCA has found "human error" among others as the cause of an incident at the Bengaluru airport two years ago involving an Air India Dreamliner plane, in which the aircraft's fuselage panel had fallen off at runway during landing.
The Tata Group-owned Air India has decided to procure its maiden batch of wide-bodied A350 aircraft of Airbus and the first plane is likely to be delivered to the airline by March 2023, sources have said.
