Life Insurance Corporation (LIC) of India has come to the aid of the national carrier Air India (AI), which is struggling to survive, by bidding for its iconic Nariman Point headquarters in Mumbai. The Maharashtra state government is the other bidder for this high-rise. Incidentally, both these entities already have their landmark offices — LIC […]
Category: Civil Aviation
Civil Aviation
Airspace closure for Republic Day to hit over 840 flights in Delhi: Report
The air passengers will have a tough time for a week between January 18 and January 26 with over 840 flights set to be affected due to Republic Day preparations. The Indian Air Force (IAF) has proposed a seven-day closure this year. Nearly 800 flights to and from Indira Gandhi International (IGI) Airport in Delhi […]
Surging passenger numbers, policy promises dot turbulent skies in 2018
Navigating through tail winds and air pockets, the country’s aviation space recorded high passenger growth, battled oil shocks as well as survived mid-air scares in 2018. In the new year, the government would focus on making flying “as good as possible”, according to Civil Aviation Minister Suresh Prabhu. From spiralling costs and cut-throat competition pushing […]
Aviation sector saw high passenger growth, battled oil shocks in 2018
Navigating through tailwinds and air pockets, the country’s aviation space imbibed high passenger growth, battled oil shocks, as well as survived mid-air, scares in 2018, with the government focused on making flying “as good as possible” in the new year. From spiralling costs and cut-throat competition pushing airlines into the red to government initiatives aimed […]
France’s Vinci Airports to buy majority stake in London Gatwick for $3.7 billion
Vinci Airports, part of France’s Vinci, will buy a 50.01 percent stake in London Gatwick Airport for about 2.9 billion pounds ($3.67 billion), it said on Thursday. The other 49.99 percent of the second largest airport in Europe will be managed by Global Infrastructure Partners, Vinci said.
Govt has prepared revival plan for Air India: Jayant Sinha
The government has prepared a revival plan for Air India that provides for a comprehensive financial package, differentiated strategies for each of the airline’s core businesses and robust organisational reforms, Union Minister Jayant Sinha said Thursday. Various initiatives to turnaround the national carrier, which is staying afloat on a bailout package extended by the previous […]
Air India should disclose lease income from assets abroad: CIC
Cash-strapped national carrier Air India should disclose its assets abroad and earnings from them, the Central Information Commission has ruled. It “summarily” rejected the contention of Air India that the information sought by activist Aseem Takyar regarding rent, lease fee fetched by it from April 01, 2008 with regard to its properties abroad; demarcation plan […]
IndiGo plane returns to parking bay at Hyderabad airport to offload baggage
A Delhi-bound IndiGo plane returned to the parking bay from the runway at Hyderabad on Wednesday to offload luggage of an individual who did not board the aircraft. The early morning flight 6E-308, carrying 175 passengers, was delayed by 56 minutes, the airline said. The flight was scheduled to take off at 0435 hours. A […]
Big boost to Bihar’s Darbhanga Airport! Foundation stone for new terminal building to be laid today under UDAN
Darbhanga Airport: Bihar’s aviation infrastructure is all set for a major upgrade! Flying from Bihar will get easier and more convenient in coming days as today, CM Nitish Kumar along with the Union Minister of Commerce and Industry and Civil Aviation, Suresh Prabhu, is all set to lay the foundation stone for a Civil Enclave […]
HAL could have produced Rafale, but govt wanted quick delivery: Chairman
Hindustan Aeronautics Limited (HAL) chairman R Madhavan has said that it was capable of producing Rafale fighter jets when the initial talks were held but to get quick delivery the central government bought 36 aircraft separately. “The HAL was capable when the talks were ongoing but to get quick delivery the government bought 36 aircraft […]
Passenger adamant on smoking on-board delays flight
A Vistara airlines flight was delayed by three hours after a passenger engaged in an argument with on-board crew as he wished to smoke on the plane. The UK-707 flight from Amritsar to Kolkata flight was scheduled to have a halt in Delhi, which is where the incident was reported prior to take off. The […]
AirAsia inducts 20th plane; to start Bengaluru-Mumbai route on January 15
Budget carrier AirAsia India Friday announced the induction of 20th aircraft in its fleet, making it eligible to fly on international routes. The Tata Sons-Air Asia invested joint venture airline also said it will add Mumbai in its network from early next year with the launch of daily flight services to the country’s financial hub […]