The Indian Air Force has 31 fighter squadrons as against authorised strength of 42 squadrons.
After the August 10 deadline, South American conglomerate Synergy Group Corp reportedly evinced interest in the airline, forcing the RP to seek lenders' nod to extend the deadline to August 31. The Synergy Group owns a majority in Colombian carrier Avianca Holdings, which has a codeshare partnership with the state-run Air India.
Indian Air Force on Friday raised its first squadron of the home-grown Light Combat Aircraft Tejas with the induction of two aircraft into the force at the Aircraft System Testing Establishment in Bengaluru.
Airline says can't discuss dues publicly, denies grounding of planes
Despite the best ever quarterly net profit of Rs 3,091 crore during April-June of financial year 2023-24 (Q1FY24), challenges are mounting for InterGlobe Aviation-run IndiGo in the near term, said analysts. Given this, most brokerages have retained their ratings from 'buy to underperform', as well as their target price for the stock. For instance, Motilal Oswal Financial Services has retained its 'neutral' rating on the scrip as it believes the low-cost airline is facing teething issues at present.
The defence ministry on Thursday accorded its approval to procure 30 MQ-9B Predator drones from the US to crank up the surveillance apparatus of the armed forces, especially along the frontier with China, people familiar with the development said.
Defence Minister Manohar Parrikar says global aircraft makers will have to get approval from their own governments to transfer technology and build jets in India.
India and US on Wednesday night signed a new strategically important 10-year defence framework agreement setting the stage for co-development and manufacture of defence equipment.
A Mangaluru-bound Jet Airways flight with 65 passengers and four crew members on board on Wednesday returned to the Bengaluru airport shortly after departure as smoke was detected in the cabin.
SpiceJet will have to refund fare to passengers due to a flight delay.
This is three and a half times the loss in the same quarter a year ago.
Though a formal purchase agreement with Boeing is yet to be signed, SpiceJet's order size could be of 40-50 planes, a source familiar with the development said. At list price, a 737 Max aircraft is valued at about $100 million (Rs 620 crore).
'The Modi visit will prove to be the watershed where India and the United States commenced technology trade and transfer.'
With airlines reporting multiple technical malfunction incidents, aviation regulator DGCA on Monday said it conducted spot checks and found that there is an insufficient number of engineering personnel certifying planes of various carriers before their departure. Before each departure, an aircraft is checked and certified by an aircraft maintenance engineer (AME). The DGCA has now issued guidelines for airlines on the deployment of AME personnel and directed them to comply by July 28.
With Fujian, China's third and most advanced aircraft carrier, having started sea trials last week, the PLA needed at least 200 qualified carrier-based fighter jet pilots to operate 130 ship-borne aircraft.
'It would be a travesty if the Malaysian air force likes the Tejas, but decides against it because it sees the IAF reluctance to back the fighter.'
The airline launched a three-day discounted sale of tickets starting at Rs 1,010, to mark its 10th anniversary
The aircraft was earlier owned by EIH (Oberoi group).
In the largest such order, UAE's flagship Emirates Airline on Monday announced an order of 42 Boeing 777 aircraft, to be powered by GE90 jet engines, in a deal worth $9.7 billion.
Boeing has pitched its FA-18 aircraft, while Dassault is building case for its Rafale jet.
This is perhaps the most authoritative portrayal so far of Indian air power as a threat to China.
But the Abu Dhabi-based airline would first bolster its own network with traffic from India before Jet's turnaround.
The airline is sitting on a debt pile of over Rs 8,200 crore and has defaulted thrice since January, including on some forex debt.
Value-carrier JetLite, formerly full-service airline Air Sahara, which was bought by Naresh Goyal last year, will offer a voluntary separation scheme to 750 employees who have been with the airline for one year or below, Chief Operating Office Rajiv Gupta confirmed on Friday.
It will be fitted in a new car codenamed YL7, which will replace A-Star and Estilo.
United States aerospace major Boeing on Thursday said it received approval from the country's government to offer its F-15EX multi-role combat jet to the Indian Air Force.
While its operating radius remains secret, a back-of-the-envelope calculation indicates it can easily strike targets 1,000 kilometres away and return to base.
The inactivity of Go First may help other airlines in India's competitive market as it had a 7.8 per cent market share.
The airline is operating just 6-7 planes, with almost its entire fleet being grounded due to non-payment of rentals to lessors amid severe paucity of cash.
The DGCA conducted the spot checks as there have been many technical malfunction incidents in Indian carriers' planes during the last 45 days.
The Biden administration has approved a $450 million F-16 fighter jet fleet sustainment programme to Pakistan to help it meet current and future counterterrorism threats, in Washington's first major security assistance to Islamabad in four years.
No-frills carrier Go First filing for insolvency proceedings and cancelling flights is bad for the airline industry as the move will reduce capacity and could push airfares in certain routes, travel agents' grouping TAAI said on Wednesday.
Jet Airways, which has acquired Air Sahara for Rs 1,450 crore (Rs 14.5 billion), needs to shell out Rs 800 crore (Rs 8 billion) immediately to rejuvenate the loss-making airline and take charge of it.
The airline now has a total of 1,120 pilots of whom 88 are foreign pilots.
Pakistani combat jets pounded militant bases in the lawless North Waziristan tribal region, including the home of Taliban commander Adnan Rashid, and killed 25 terrorists in retaliation for a string of attacks on security forces.
The scenes after the demolition of the Supertech twin towers in Noida, in pursuance of a Supreme Court order that found the structures were built in violation of norms.
According to official figures, 14 squadrons of the MiG 21, MiG 27 and MiG 29 are due for retirement in the next 10 years which will bring down the fighter squadron strength to 19 by 2027 from the current 33.
Jet Airways has announced the induction of the state-of-the-art Airbus A330-200 aircraft into its fleet. \n
China also removed Finance Minister Liu Kun and appointed Lan Fo'an in his place. Liu is the third senior Cabinet minister to be replaced without any explanation.
