SpiceJet plans to lay off at least 1,000 people

Crisis-hit SpiceJet plans to hand out pink slips to at least 1,000 employees in the coming days as the airline works to significantly reduce costs and streamline operations of its depleted aircraft fleet, officials said on Monday. Faced with financial woes, legal battles and other headwinds, the no-frills carrier might ask more staff to leave […]

Rolls-Royce signs long-term deal with Hyderabad firm

British luxury car manufacturer Rolls-Royce on Monday announced its partnership with Hyderabad-based Azad Engineering by signing a long-term agreement to manufacture and supply complex components for defence aircraft engines. Through an official press release, Rolls-Royce revealed that strong collaboration has played a vital role in the company’s success in India. “The sourcing of complex components […]

Malaysia Airlines charts ambitious plans for India’s aviation market, unveils deep codeshare partnership with Indian airline

Malaysia Airlines is set to deepen its footprint in the Indian aviation market, with plans for a comprehensive codeshare partnership with an Indian carrier and a strategic expansion to key destinations in the north-east and southern regions of the country. Group Managing Director of Malaysia Aviation Group Captain Izham Ismail expressed optimism about the “important” […]

Jeh Aerospace sets up manufacturing hub in Hyderabad

Aerospace and defence manufacturing startup Jeh Aerospace on Tuesday inaugurated its manufacturing hub in Hyderabad. The new facility, which can be extended up to 160,000 sq ft, will provide manufacturing solutions to the aerospace and defence industry, the company said in a statement. The setting up of the hub comes close on the heels of […]