The order, valued at 'nearly $9 billion at list prices', was signed at Dubai Air Show 2021 on Tuesday.
The airlines' CEO expects it have 50 Boeing-737s and 30 Bomardier aircraft by 2016
Existing norms mandate 2/3rd of members of an airline's board must comprise Indian nationals
The A350 XWB is a family of mid-sized wide-body airliners designed to enhance fuel, operating costs and environmental efficiencies during medium-to-long haul airline operations.
The national carrier, which is already struggling with its fuel payments, spends Rs 6,000-7,000 crore annually on fuel. A 10 per cent hike in crude price would mean over Rs 50-58 crore of extra costs for the airline.
National carrier Air India became part of the 27-member global airlines grouping Star Alliance, as budget airline AirAsia India launched operations and Tata-SIA joint venture carrier Vistara received the flying permit and announced its intentions to start operations from January 9.
Noting that the India-specific fighter on offer and its programme's size, scope and success will enable Indian industry to take advantage of unprecedented manufacturing, upgrade and sustainment opportunities well into the future, Lall said the platform will give Indian industry a unique opportunity to become a part of the world's largest fighter aircraft ecosystem.
A row had erupted after the Trinamool Congress alleged that the IndiGo aircraft carrying its chief Banerjee was not accorded priority in landing despite fuel shortage.
Some of the key fighter jet acquisitions over the years and the combat capabilities they possess that made India's airmen a force to reckon with are.
Immediately after the take off, it encountered a flock of birds. The bird hit resulted in the failure of one of its engines.
Rajapaksa, his wife Loma and their two security officers were expected to leave for Singapore on board SQ437 from Male on Wednesday night but did not board the aircraft due to security concerns, the Daily Mirror newspaper reported.
Vistara needs to launch more aircraft into service.
The increase has been effected from the second fortnight of this month.
While scheduled airlines operate flights as per schedules drawn up for several months or even years and are committed to flying during these periods on these routes, an NSOP or a charter operates irregularly and may be planned a short time before a flight.
Given its network and fleet, it has garnered the highest share of passenger growth.
With this, the biggest buyer of Airbus SE A320neo planes seems to be moving away from Pratt & Whitney engines, which have been experiencing glitches. CFM International will deliver the first engine by 2020.
Here's your guide to know about India's much-awaited aircraft.
Budget carrier Go Airlines, which has rebranded itself as 'Go First', has filed preliminary papers for an initial share sale worth Rs 3,600 crore.
Alliance Air, which is the largest regional airline, is currently operating 77 daily flights compared to 126 last year.
A parliamentary panel on Friday recommended for fixing of an upper limit for the economy class airfares to curb the "exorbitant" air fares during the peak tourist seasons.
Sri Lanka declared a state of emergency on Wednesday as angry protesters stormed the prime minister's office in Colombo, hours after president Gotabaya Rajapksa fled to the Maldives on a military jet, amid the country's worst economic crisis in decades.
Air India, IndiGo, and SpiceJet have suspended flights to China and Hong Kong.
Officials said the oil marketing companies had provided data to the Income Tax department.
In the early hours of Tuesday, 12 Indian Air Force Mirage-2000 fighter jets entered Pakistani airspace and dropped 1,000-kg laser-guided bombs on Jaish-e-Mohammed terror launch pads across the Line of Control.
Boeing's plan involves setting up an Indian factory and the aerospace ecosystem to build the Block II Super Hornet.
The ATC who handled the flights has been told to undergo 'corrective training'.
The government on Monday signed the share purchase agreement with Tata Sons for the sale of national carrier Air India for Rs 18,000 crore. Earlier this month, the government had accepted an offer by Talace Pvt Ltd, a unit of the holding company of the salt-to-software conglomerate, to pay Rs 2,700 crore cash and take over Rs 15,300 crore of the airline's debt. Following that, on October 11 a Letter of Intenet (LoI) was issued to the Tata Group confirming the government's willingness to sell its 100 per cent stake in the airline.
There are both positive and negative impacts of the tax, but the net result for India's infrastructure sector is advantageous, says Vinayak Chatterjee.
Rising fuel prices, intense competition and inability to pass on spiralling expenses have been negatively impacting the domestic airlines.
'I've always wanted to be a pilot; setting records is the icing on the cake.'
Why the recent strike could see the carrier go Air India's way.
The other three airlines that have been probed in this matter are SpiceJet, GoAir and Air India
Airlines sought a limited period concession of the standing rule of slot allocation, which mandates that firms must operate at least 80 per cent of their allocated slots.
Indian airlines are running into losses.
The collapse of Jet Airways has everything to do with the falling number of wide-bodied aircraft.
Air travel is going to be dearer as major airlines have decided to raise the fares by at least 10 per cent besides increasing the fuel surcharge. The move by Air India, Jet Airways, Spicejet and Kingfisher comes in view of rise in prices of aviation turbine fuel by over nine per cent in line with the increase in international crude oil rates.
The research could have implications for airlines, passengers, and airports.
Reduction in fuel price was supposed to bring back good luck for Indian airlines. But with the global spread of coronavirus, airlines are being forced to rejig their network, cut flights, and delay launches.
Demand for the earlier variant 737NG planes is also expected to pick up due to the grounding of MAX planes.
'Our focus is not going to be metro to metro routes.' 'We will begin by focusing on metro to non-metro (routes).' 'Metro to tier-2 cities or tier-3 cities is where there is a lot of space for affordable, efficient carriers.'
