Jet Airways has been forced to defer some of its Boeing 737 Max deliveries due to payment issues to its lessors, said two people in the know. India’s second biggest airline was supposed to get three of the planes in December and three more in January. “Boeing has made the deliveries but they are stuck […]
Category: Civil Aviation
Civil Aviation
SBI along with other lenders, stakeholders working on resolution plan: Jet Airways
Crisis-hit Jet Airways Wednesday said State Bank of India along with other lenders and stakeholders is working on a comprehensive resolution plan to turnaround the airline. The full service carrier, which has been grappling with financial woes, defaulted on loan repayment to a consortium of Indian banks led by State Bank of India (SBI) on […]
Hope Jet Airways, Etihad, lenders reach a common plan, says govt official
Amid concerns over the financial health of Jet Airways, the Civil Aviation Ministry Wednesday expressed hope that the airline, its strategic partner Etihad and lenders reach a “common plan” to deal with the situation. Jet Airways, which has also defaulted on loan repayments, is looking to raise funds and is in discussions with Etihad and […]
India to add 1,000 aircraft over next 7-8 years: Government official
The country is going to add 1,000 aircraft over the next 7-8 years, a top government official said Tuesday. “We would be adding about 1,000 more aircraft in about next 7-8 years,” Ministry of Civil Aviation secretary, RN Choubey, said, adding that the country will be adding 100 more airports, and one billion trips in […]
India’s air passenger traffic to touch 1.1 bn in 2040, says MoCA vision document
India’s air passenger traffic is expected to grow six-fold to 1.1 billion and the number of operational airports increase to around 200 in 2040, according to Ministry of Civil Aviation’s vision document released Tuesday. India was the seventh largest aviation market with 187 million passengers — travelling to, from and within India — in financial […]
Not interested in Jet Airways as backed by enemy state: Qatar Airways CEO
Qatar Airways will not buy a stake in Jet Airways as a substantial portion of the debt-laden Indian carrier is held by Etihad Airways, whose owner Abu Dhabi is an “enemy” of Qatar, its CEO Akbar al-Baker said on Tuesday. Abu Dhabi is part of the United Arab Emirates that cut ties with Qatar in […]
Boeing cargo plane carrying 10 people crashes during landing in Iran
A military cargo plane crashed near the Iranian capital Tehran with 10 people onboard, state TV reported Monday. “The plane was a cargo Boeing 707 that overshot the runway during its landing,” Iran’s aviation organisation spokesman Reza Jafarzadeh told state broadcaster IRIB. Conservative news agencies Fars and Tasnim said it was a military cargo plane […]
Etihad to raise stake in Jet to 49%; founder to give up control: Report
Etihad Airways PJSC has agreed to raise its stake in Jet Airways India Ltd to 49 per cent as founder and chairman Naresh Goyal gives up majority control of the carrier, potentially paving the way for the rescue of the cash-starved company, according to television reports. BTVI television channel reported the Etihad stake increase Monday, […]
Star Air to begin flights from January 25
The newest airline in the Indian skies, Star Air, will commence commercial flights starting January 25. The airline is introducing non-stop flights from Bengaluru to Hubballi and Hubballi to Bengaluru. The flight from Bengaluru to Hubballi will depart at 7.35 am and arrive in Hubballi at 8.35 am. From Hubballi, the flight will depart at […]
Lessors to troubled Jet Airways consider taking back planes
The airline had previously told some lessors it would clear arrears by Dec 31, but was unable do so. Crisis talks between cash-strapped Jet Airways Ltd and aircraft lessors have failed to ease a row over late payments, prompting some lessors to explore taking back aircraft, three people familiar with the matter told Reuters. In […]
Zero tolerance for any safety violations: Suresh Prabhu
With airlines in the country facing issues in Pratt & Whitney-powered Airbus planes, Aviation Minister Suresh Prabhu Friday said passengers’ safety has to be paramount and there is zero tolerance for any violation of relevant guidelines. He said that ensuring safety is a responsibility of the Directorate General of Civil Aviation (DGCA) and “we have […]
BIAL to invest over Rs 13,000 crore for airport development
The Kempegowda International Airport, Bengaluru, is all set to get bigger and better. The operator, Bengaluru International Airport (BIAL), has drawn up a Rs 13,000 crore plan to further develop the airport by constructing a new terminal, a second runway and by expanding its access roads. Hari Marar, MD, BIAL, said the second runway will […]