Japan’s ANA Holdings Inc said it would order 38 planes worth $4.33 billion from Boeing Co and Airbus, and buy a stake in Philippines Airlines parent PAL Holdings Inc to support its Asia growth strategy. This confirms a Reuters report that Boeing was close to a deal to sell 737 MAX jets to ANA, and […]
Category: Civil Aviation
Civil Aviation
Jet Airways seeks shareholder approval for converting debt into shares
Jet Airways said on Monday it would seek shareholder approval to issue new equity and convert existing debt into equity among other things at a special meeting on Feb. 21, as the beleaguered airline attempts to stay afloat. The company will also seek approval to allow its lenders to nominate directors to its board, the […]
Electronic waste produced every year weighs more than all airlines ever built: WEF report
Indicating a major health and environmental crisis, the amount of electronic waste produced every year is set to grow to 120 million tonnes by 2050 from 50 million tonnes currently — which already weighs more than all the commercial planes ever built, a report said. In the report released here in collaboration with the UN-E-Waste […]
Sebi says no reference received on relaxing rules in Jet Airways matter
Markets watchdog Sebi Thursday said it has not received any reference on relaxation in rules regarding Jet Airways. The regulator’s statement comes amid reports that relaxations have been sought by Gulf carrier Etihad for infusing additional funds into crisis-hit Jet Airways, which is listed on the exchanges. In its brief statement issued in the afternoon, […]
Japan Airlines to start daily Bengaluru-Tokyo service from next year
Japan Airlines (JAL) on Thursday said that it will start a daily non-stop flight between Tokyo and Bengaluru from the summer of 2020. On Wednesday, Japan’s largest airline All Nippon Airways (ANA) announced that it is going to start a direct flight from Tokyo to Chennai in winter this year. A non-stop flight does not […]
Airbus boss warns no-deal Brexit could spark ‘very harmful decisions for UK’
Airbus chief Tom Enders warned Thursday that a no-deal Brexit could prompt the European aerospace giant to make “very harmful decisions” for Britain, branding the government’s handling a “disgrace”. The aircraft manufacturer currently employs 14,000 people in Britain, including sites at Filton in southwest England and Broughton in north Wales, designing and manufacturing wings. “If […]
Air India Express to start first direct Sharjah-Surat flight service from Feb 16
Air India Express will launch its first direct flight service from Surat to Sharjah on February 16 and will also expand services from Gulf to Kannur in Kerala. The carrier, the international budget arm of Air India, will deploy Boeing 737-800 NG aircraft on this route. The flight will depart from Sharjah at 7:35 PM […]
India best positioned to become a counter-balance to China: SpiceJet CEO
Amid global economic woes and trade tensions, India is one of the “few bright stars” and is best positioned to become a counter-balance to China, industry leader and airline major SpiceJet’s CEO Ajay Singh said Monday. Singh, who is in this Swiss resort town to participate in the World Economic Forum (WEF) Annual Meeting being […]
Germany plans to sanction Iran airline: report
Germany plans to ban Iranian airline Mahan Air from its airports, media reported Monday, in an escalation of sanctions adopted by the European Union against Iran over attacks on opponents in the bloc. “The Federal Aviation Office (LBA) will this week suspend the operating license of Iranian airline Mahan,” reported Munich-based daily Sueddeutsche Zeitung. A […]
IAF planning to order 8 new Su-30MKI combat aircraft from HAL
Seeking to make up for the losses in different crashes, the Indian Air Force (IAF) is planning to place an order for eight new Su-30MKI combat aircraft from Hindustan Aeronautics Limited (HAL), likely to be worth over Rs 3,000 crore. “The plan is to acquire eight new Su-30MKI combat planes,” top Indian Air Force sources […]
Naresh Goyal ready to put Rs 700 cr in Jet; lenders discuss restructuring
Jet Airways Chairman Naresh Goyal has told the State Bank of India (SBI) that he is ready to invest up to Rs 700 crore in the airline on the condition that his stake does not fall below 25 per cent. Meanwhile, SBI on Thursday said lenders to Jet are considering a plan toward resolving the […]
Singapore’s low-cost airline Scoot to expand service in India
Singapore-based budget carrier Scoot on Wednesday said that it would expand its service in India with the addition of three new destinations Coimbatore, Trivandrum and Visakhapatnam. The long-haul, low-cost, wholly-owned subsidiary of Singapore Airlines entered Indian market in 2016 with flight services to Chennai, Amritsar and Jaipur. Flights to Trivandrum (5-times weekly) will commence from […]