Over 60 km of National Highway (NH) corridors under the Ministry of Road Transport and Highways (MoRTH) in the State is to be subjected to periodic renewal, improvements, strengthening, and geometrical corrections to ensure a cosy ride for motorists. While 10 km of the corridors on National Highway (NH) 66 is to be subjected to […]
Day: February 22, 2019
New version of Tejas in three years: HAL
BENGALURU: Buoyed by the Final Operational Clearance (FOC) issued to Hindustan Aeronautics Ltd’s Light Combat Aircraft (LCA) Tejas-Mk1 by Indian Air Force, HAL officials announced that the development of Mk1A and Mk2 has been taken up. Arup Bannerjee, Director, Engineering Research and Development, said Aeronautical Development Agency has taken up the same and Mk1A version […]
JNPT top bidder for Air India tower in Mumbai, with more than Rs 1,000 cr offer
State-owned Jawaharlal Nehru Port Trust (JNPT), India’s biggest container gateway, has placed a more than Rs 1,000-crore bid to buy debt-ridden Air India’s iconic 23-storey tower located at Mumbai’s Marine Drive in Nariman Point, facing the Arabian Sea. JNPT’s bid was higher than that of state-run insurer, Life Insurance Corporation of India (LIC), the only […]
Jet Airways EGM: Minority shareholders raise questions on SBI taking stake in airline
Jet Airways is yet to announce the outcome of the extraordinary general meeting (EGM) held on Thursday, but minority shareholders are already raising questions on the company’s proposal to allow lenders to take control of the debt-laden airline. “Pumping in public money into a debt-laden airline may be risky,” said a minority shareholder, who was […]
Sceptical of rescue plans, lessors ground more Jet Airways planes
Nine of Jet’s planes have been grounded by lessors, versus 4 reported last month. It has not paid lessors for months, rekindling memories of Kingfisher’s collapse International lessors have grounded more Jet Airways planes prior to potentially moving them out of India, as scepticism builds whether a state-led bailout of the carrier can clear their […]
‘Indian industry must build MRO capability with reverse engineering’
Upgradation of Mi-17 helicopters holds huge opportunities, says Air Marshal Shera The Indian Air Force (IAF) has challenges to maintain ageing aircraft and Indian Industry needs to build capability in reverse engineering, said Air Marshal RKS Shera, Air Officer Commanding-in-Chief, Maintenance Command, Indian Air Force. Addressing FICCI’s technical session on MRO Opportunities and Simulators, Air […]
GMR, Terna sign concession agreement for new airport in Greece
GMR Infrastructure (GMR Infra) on Friday said its subsidiary GMR Airports and its Greek partner Terna Group have signed a concession agreement for construction of the new international airport in Greece’s island Crete. The consortium intends to invest over 500 million euros (approx Rs 4,034.28 crore) for development of the new airport, GMR Infrastructure said […]
Undeterred by losing Rafale, buoyant HAL wants to develop own products
In a change of corporate strategy, Hindustan Aeronautics Ltd (HAL) wants to develop its own products and look for customers. Addressing reporters at Aero India 2019, R Madhavan, Chairman and Managing Director, HAL, said: “Earlier, we were taking orders from the Indian Air Force (IAF), or based on their requirements, were developing products. Now, we […]
Biofuel-blended ATF to fire IAF fleet for 2 years
After successfully flying its transport aircraft AN-32 with Jatropha-blended ATF (aviation turbine fuel), the Indian Air Force is now looking to test its entire fleet of helicopters, transport aircraft and fighter jets to fly on biofuel-blended ATF over the next two years. To secure a constant supply, the Centre is in the process of setting […]
Virgin Atlantic to offer free assistance for passengers with hidden disabilities
An airline is walking the extra mile to put pre-flight jitters of its passengers to rest. British carrier Virgin Atlantic has launched a unique initiative to assist passengers with hidden disabilities such as dementia or autism without them asking for help. The airline has designed a special symbol, which, when worn as a badge or […]
Jet Airways resolution plan clear on fresh equity infusion
MUMBAI: Even as Jet Airways shareholders voted for the resolutions to increase equity capital of the company and conversion of debt into equity, there was only the promise of fresh equity infusion and no specific plans laid out. In the absence of chairman and promoter Naresh Goyal, the Extraordinary General Meeting was chaired by Gaurang […]
Boeing expresses confidence in HAL’s capabilities amid Rafale stir
BENGALURU: Aerospace major Boeing on Thursday said it is confident of the capabilities of Indian defence PSU Hindustan Aeronautics Ltd (HAL) in building platforms for its aircraft. HAL had come under controversy and its capability questioned after the Rafale deal. Boeing had earlier announced a partnership with HAL and Mahindra Defence Systems for manufacturing the […]