Category: Civil Aviation

Bengaluru: Hindustan Aeronautics Ltd (HAL) has met the target for roll out of 16th ‘Tejas’ Light Combat Aircraft before March 31, 2019, and a day ahead of two of these jets making a debut at the Langkawi International Maritime Aerospace Expo (LIMA-2019) in Malaysia. This made-in-India combat jet was inducted into No 45 squadron ‘Flying […]

New Delhi: Low-cost airline SpiceJet said on Monday that it was a sad day for Indian aviation as Naresh Goyal and his wife Anita Goyal stepped down from the board of financially-strapped Jet Airways. “Today is indeed a sad day for Indian aviation. By launching a truly world class airline, Naresh and Anita Goyal made […]

Jet Airways Ltd’s shares climbed about 8.5 percent on Tuesday to a near two-month high after founder and chairman Naresh Goyal stepped down and lenders took control of the airline, in an attempt to rescue it from bankruptcy. Banks have moved in to take a majority stake in the airline after Jet failed to convince […]

American Airlines pilots will test Boeing Co’s 737 MAX software fix on simulators this weekend, the pilots’ union told Reuters on Thursday, a key step in restoring confidence in the jet after two fatal crashes. Boeing has been working on a software upgrade for an anti-stall system and pilot displays on its fastest-selling jetliner in […]

An Ethiopian Airlines executive questioned whether Boeing had told pilots enough about “aggressive” software that pushes a plane’s nose down, a focus of investigation into a deadly crash in Ethiopia this month. Comments by the CEO and vice president of the airline this weekend will fuel a debate over the safety of Boeing’s 737 MAX […]

Mumbai: Debt-laden Jet Airways Founder and Chairman Naresh Goyal, and his spouse Anita Goyal are going to quit from the board on Monday, according to ET Now. The formal announcement on the Goyals exit is anticipated later toda

New Delhi: With a new management of Jet Airways likely to be in place soon, State Bank of India, the lead lender of the consortium that financed the domestic airline, is hopeful that the crisis at the debt-laden Jet Airways would be resolved this month itself. “We are looking for such a new management that […]

Mumbai: S&P Global Ratings has affirmed the ratings on GMR Hyderabad International Airport (GHIAL) as “BB plus” and outlook as stable, citing stable cash flows. “We expects the company’s healthy cash reserves and good operating performance to provide sufficient buffer amid regulatory uncertainties over the next two to three years,” the rating agency said.

Boeing Co has delayed by at least three months its first uncrewed flight to the International Space Station under NASA’s human spaceflight program, and pushed its crewed flight until November, industry sources said on Wednesday. Reuters reported last month that NASA has warned Boeing and rival contractor SpaceX of design and safety concerns the companies […]

Mumbai: Despite heavy odds, efforts are on to save Jet Airways from going belly up. Reports have said that lenders led by the State Bank of India are trying to revive debt-laden airline through a change in management, as they feel that a collapse of the airline will not be interest of consumers and competition. […]

New Delhi: The civil aviation ministry on Wednesday said it is working with all airlines to provide sufficient capacity and is monitoring safety as well as compliance levels on a daily basis, amid concerns over flight cancellations and rise in airfares. The grounding of aircraft by crisis-hit Jet Airways, grounding of Boeing MAX 737 planes […]

New Delhi: SBI Chairman Rajnish Kumar on Wednesday said the lenders of Jet Airways will make every effort to keep the embattled airline flying. Kumar met Finance Minister Arun Jaitley along with Aviation Secretary Pradip Singh Kharola and Nripendra Misra, Principal Secretary to Prime Minister. “Will make every effort to keep Jet airways flying,” Kumar […]