An unprecedented travel boom in Asia has spawned new budget carriers and millions of first-time fliers, but a shortage of pilots is threatening to choke that demand. Bamboo Airways Co. in Vietnam was the latest low-cost carrier to start services this year and more are expected to join the race. In Southeast Asia alone, LCCs […]
Day: February 28, 2019
Jet Airways grounds 7 more planes due to non-payment of lease rentals
Crisis-hit Jet Airways Wednesday said seven more aircraft have been grounded due to non-payment of lease rentals. So far this month, as many as 13 planes of the company have been grounded on account of non-payment of rentals to lessors. In a filing to the stock exchanges, the full-service airline said “an additional seven aircraft […]
Full text: India lost one MiG 21, pilot is missing in action, confirms MEA
In an official statement issued by the External Affairs Ministry on Wednesday, India confirmed that Pakistan used its Air Force to target military installations in the morning in response to the Indian counter-terrorism operations but said their attempts were foiled successfully. Ministry Spokesperson Raveesh Kumar, accompanied by Air Vice Marshal R G K Kapoor, also […]
IAF aircraft crashes in Jammu and Kashmir’s Budgam district, one dead
An IAF aircraft crashed on Wednesday in Budgam district of Jammu and Kashmir, killing at least one person, officials said. The jet crashed in an open field near Garend Kalaan village in Budgam at 10.05 am, the officials said. The aircraft broke into two and caught fire immediately, the officials said, adding one body was […]