Indian budget carrier SpiceJet said on Tuesday it agreed with government agency Export Development Canada to settle liabilities worth around $91 million, allowing it to take ownership of most of its Q400 aircraft. The announcement sent the company’s shares up 3.7% in afternoon trade. SpiceJet has over the last few months reached settlements with multiple […]
Category: Civil Aviation
Civil Aviation
Noida International Airport’s trial runs likely by June, 80% of project under phase one completed
The Noida International Airport Limited (NIAL) on Tuesday announced that trial runs at the Jewar airport are expected to commence by the end of June, with approximately 80% of phase one of the project completed. NIAL is responsible for overseeing the construction of the greenfield Noida international airport in Jewar. Officials familiar with the matter […]
Air India Express ramps up network and flight frequencies to capture summer travel boom
Air India Express on Monday announced a substantial expansion of its network and increased flight frequencies in anticipation of the heightened travel demand in the upcoming summer season. In its 2024 summer schedule, the airline will provide over 360 daily departures, linking numerous business and leisure destinations. Compared to last year summer season, there’s a […]
FLY91, India’s newest airline, hits the skies
FLY91, the newest addition to the India’s aviation industry, started its commercial services. The airline’s inaugural flight took off from Goa’s Manohar International Airport at 07:55 am, bound for Kempegowda International Airport in Bengaluru. Additionally, on its maiden day of operations, Fly91 also successfully flew its first route to Sindhudurg from Bengaluru. FLY91 is initially […]
MoD inks Rs 2,890-cr contract with HAL for upgrade of 25 Dornier aircraft
The defence ministry on Friday inked a contract worth over Rs 2,890 crore with state-run aerospace major Hindustan Aeronautics Ltd (HAL) for mid-life upgrade of 25 Dornier aircraft of the Indian Navy. Under the project, the HAL will incorporate state-of-the-art avionics systems and sensors onboard the aircraft. The defence ministry said the project will be […]
DGCA sticks to June 1 deadline for revised flight duty norms for pilots
Aviation regulator DGCA has decided not to extend the June 1 deadline for implementing the revised flight duty norms for pilots and asked airlines to submit the revised schemes by April 15, according to a communication. The Federation of Indian Airlines (FIA), comprising Air India, SpiceJet and IndiGo, had written at least twice to the […]
Domestic air traffic rises 4.8 per cent to 126.48 lakh in Feb
Domestic air traffic rose 4.8 per cent on an annual basis to 126.48 lakh in February, while more than 1.55 lakh passengers were affected by flight delays during the same period, according to official data released on Friday. In February, Air India’s market share rose to 12.8 per cent from 12.2 per cent while that […]
AAI expects net profit of Rs 3,257.28 cr in 2023-24, highest in 8 yrs
The Airports Authority of India (AAI), which operates over 120 airports, expects a net profit of Rs 3,257.28 crore in the current financial year (FY24), the highest in eight years, government officials told Business Standard. The government-run entity’s previous peak in net profit was in 2016-17 at Rs 3,115.93 crore. “With consistently high passenger footfalls, […]
Good News: Cabinet clears Rs 15000 crore AMCA project – Here are all details
The Cabinet Committee on Security headed by Prime Minister Narendra Modi has put its stamp of approval on Rs 15,000 crore indigenous fifth generation Advanced Medium Combat Aircraft (AMCA) fighter jet project for the Indian Air Force (IAF). The approval given is for the proposal to ready five prototypes of AMCA, which the Defence Research […]
SpiceJet resolves Rs 413 crore dispute with Echelon Ireland Madison One
SpiceJet announced on Thursday (March 7) the resolution of a dispute amounting to Rs 413 crore with aircraft leasing firm Echelon Ireland Madison One Ltd, marking the third such settlement by the beleaguered carrier in less than two weeks. This latest settlement not only resolves the financial dispute but also brings significant cost savings to […]
Noida airport ties up with TFS to set up ‘ world-class’ lounge, food outlets
The Noida International Airport on Wednesday announced a partnership with Travel Food Services Private Limited (TFS) for setting up a “world-class” lounge as well as multi-cuisine food and beverage outlets at the airport. The airport, located some 75 km off Delhi in the Jewar area of Gautam Buddh Nagar district in western Uttar Pradesh, is […]
Airports in Scindia’s Guna & Shivpuri to be developed under UDAN
The aviation ministry will develop Guna and Shivpuri airports under the ude desh ka aam nagrik (UDAN) and has allocated Rs 45 crore each for these two places. Both these airports are with Madhya Pradesh government. Union aviation minister Jyotiraditya Scindia is contesting from the Guna parliamentary constituency. Scindia, who was in the Congress until […]