With the grounding of Jet Airways leaving tens of hundreds of trained staff up for grabs, there can be a short-term salary correction in the industry, as there are not enough jobs in the market due to the supply glut, say headhunters. Teetering for months, the full service airline Jet Airways was finally grounded on […]
Day: April 30, 2019
Pak rejects India’s claim of shooting down its F-16 jet; says one cannot hide if a plane is downed
Pakistan Army on Monday once again rejected India’s claim of shooting down a Pakistani F-16 fighter jet, saying one cannot hide if a plane is downed in today’s age when even if a motorcycle crashes the world finds out. India has asserted that an Indian Air Force MIG-21 shot down an American-made F-16 on February […]
Glitch in immigration system server at IGI delays six international flights
NEW DELHI: There was confusion and exasperation aplenty at Delhi’s Indira Gandhi International Airport early on Monday morning as hundreds of passengers were affected by technical glitches in the immigration system server. There were milling queues at the immigration counters for around an hour and a half, even as six international flights were hit. According […]
US sanctions on Iran, rise in crude oil prices stoke inflation fears
The US government’s sanctions on oil imports from Iran and the subsequent rise in crude oil prices are driving up the risk of higher inflation in the country. The US Government had last week made it clear that India needs to cut oil imports from Iran to zero to avoid sanctions. Crude oil imports have […]
Aeronautical Society Council meets in Delhi
The Council of Aeronautical Society of India (AeSI), which met at IIT-Delhi recently, discussed the emerging trends and priorities in indigenous defence technologies. The Aeronautical Society of India (AeSI) is one of the oldest societies, formed in 1948 to promote the advancement and dissemination of knowledge of aeronautical and aerospace science/technologies and has 17 branches […]
SECI defers bid submission deadline for 97 MW solar project till May 21
New Delhi, Apr 29 () State-owned SECI Monday again extended deadline for submitting bids for another renewable energy project as some of the queries of bidders have not been addressed yet. The last date for submission of the bids for setting up 97.5 MWP (megawatt peak) grid connected rooftop solar PV system was April 30, […]
Section of Jet Airways employees request SBI to allow their consortium to bid for the airline
NEW DELHI: A group of Jet Airways’ senior staffers, including the unions of the airline’s aircraft engineers and of Indian pilots, has requested State bank of India-led lenders to allow a consortium of employees to bid for the carrier. While accepting that employees may not have the cash required to revive the grounded airline, a […]
SpiceJet plane overshoots Shirdi runway on landing; passengers safe
A Boeing 737 aircraft operated by SpiceJet on Monday overshot the touched-down point while landing at the Shirdi airport and veered off the runway, bringing all operations to a halt, airport director Dhiren Bhosale said. All the passengers and the crew, however, are safe, and efforts are on to tow away the aircraft from the […]
Air India’s fuel-saving initiative on Delhi-Hyderabad flight
Air India’s Delhi-Hyderabad flight created a new record in Indian aviation history on Monday morning when its Boeing 787 Dreamliner landed in Hyderabad using a new method called ‘Dispatch with No Destination Alternate’. Regulations require every flight to file a flight plan to an alternative city or airport where the aircraft can land in case […]
Now, employees’ consortium to bid for Jet Airways; seeks to raise Rs 3,000 cr from outside investors
New Delhi, Apr 29 () As uncertainty continues over the fate of the shuttered Jet Airways, an employees’ consortium has proposed to take over the airline with at least Rs 3,000 crore expected from outside investors for the bid, according to two staff unions. This is the first time that employees have come together with […]
SpiceJet plane overshoots runway on landing in Shirdi, all passengers safe
NEW DELHI: A SpiceJet flight skidded off the runway at Shirdi airport when it landed there on Monday. Luckily, the Boeing 737 that had flown in from Delhi stopped safely after overshooting the runway when its landing gear got stuck in unpaved area. Everyone onboard the aircraft was safe, although the runway had to be […]
Jet staff offer to arrange a billion-dollar bailout
In an attempt to salvage Jet Airways, the company’s employees have put forth a proposal to take control of it by infusing Rs. 7,000 crore. Under a proposal submitted to SBI, the lead lender, the employees plan to put up capital through stock options worth Rs. 4,000 crore and another Rs. 3,000 crore raised from […]