Cash-strapped SpiceJet resolves Rs 93 cr dispute with Cross Ocean Partners

Low-cost Indian airline SpiceJet has announced a settlement with aircraft leasing firm Cross Ocean Partners, effectively resolving a dispute amounting to approximately $11.2 million (Rs 93 crore), through an exchange filing on Tuesday. The agreement was disclosed before the Delhi High Court during the ongoing execution petition filed by Cross Ocean Partners. The mutually beneficial […]

Boeing, AIESL to jointly boost aircraft maintenance training activities

Aircraft maker Boeing and AI Engineering Services Ltd (AIESL) will collaborate to enhance aircraft training activities in India. As part of the collaboration, Boeing will provide training materials, aids, and instructor support to help ensure the standardisation of AIESL training programmes. “AIESL will provide infrastructure and instructors, while securing Civil Aviation Regulation (CAR)147 approval from […]

Delhi Airport set to reach 100 million capacity with new terminal

The Indira Gandhi International Airport is poised to significantly enhance its passenger handling capacity to over 100 million per year with the upcoming inauguration of Terminal 1, which is nearing completion, according to a report by Financial Express (FE). Currently, the airport’s three terminals collectively manage nearly 70 million passengers annually. Under phase 3A of […]

Uber partners with Airports Authority of India in Kolkata

Uber on Thursday announced a partnership with the Airports Authority of India (AAI) at Netaji Subhas Chandra Bose International (NSCBI) Airport in Kolkata, West Bengal. This partnership introduces designated pickup areas within the arrival terminal for both domestic and international flights. Uber will also offer on-site support and clear directional signage, guiding passengers seamlessly from […]

Mumbai Airport takes steps to ease congestion woes, improve air traffic efficiency

Mumbai’s Chhatrapati Shivaji Maharaj International Airport has long been known as one of India’s busiest airports, handling a significant volume of both domestic and international flights, including military, non-scheduled, and general aviation flights. However, the airport has faced challenges with congestion, particularly during the winter schedule of 2023, leading to delays, fuel wastage, and environmental […]

Reached settlement with Celestial Aviation, formalities remain: SpiceJet

SpiceJet, the low-cost airline, informed the National Company Law Tribunal (NCLT) on Monday that their disagreement with aircraft lessor Celestial Aviation is nearly resolved, with only formalities remaining. Senior advocate Krishnendu Dutta, representing SpiceJet, informed the tribunal that substantial progress had been made, with partial payments already made, and requested an adjournment to finalise the […]

Indian drone manufacturer IdeaForge enters US market

India’s drone industry has “leapfrogged” in the last 10 years, gaining pace after the COVID-19 pandemic, the CEO of a leading Indian drone manufacturer has said as his company has showcased its products in the highly competitive US market. Indian drone manufacturing company IdeaForge, ranked fifth globally in the dual-use category of civil and defence, […]

Bangalore International Airport partners with CleanMax for renewable power project

India’s third busiest airport, Bangalore International Airport Limited (BIAL) has inked a pact with renewable power solutions provider CleanMax for the generation and supply of renewable energy. Under the 25-year long-term power purchase agreement, the energy will be drawn from a 45.9 MW solar-wind captive power project under a special purpose vehicle named Clean Max […]

Air India-Vistara merger advances! Singapore Airlines anticipates pending regulatory nods

Singapore Airlines on Tuesday said that the proposed merger between Air India and Vistara is underway, and the carrier is awaiting Foreign Direct Investment (FDI) and other regulatory approvals. Announcing its December quarter results, the airline mentioned the merger will strengthen its presence in the Indian aviation sector, bolstering its multi-hub strategy, and allowing it […]