GMR Group, IndiGo Airlines tie up for digital transformation in Indian aviation

GMR Group and IndiGo Airlines on Thursday announced a strategic collaboration forming a digital consortium aimed at reshaping the landscape of the Indian aviation industry. A press release from GMR said the partnership brings together the diverse strengths of GMR’s infrastructure expertise and IndiGo Airlines’ innovative approach to air travel. The consortium will focus on […]

Airbus signs agreement with Tata, Mahindra for aircraft components

Airbus on Thursday said it has signed contracts with Tata Advanced Systems Limited (TASL) and Mahindra Aerospace Structures Private Limited (MASPL) to procure commercial aircraft components. Under the contract, TASL and Mahindra Aerostructures will manufacture metallic detail parts, components and assemblies for Airbus’ A320neo, A330neo and A350 programmes, a press release from Airbus said. The […]

US judge blocks JetBlue-Spirit airlines merger

A US federal judge on Tuesday ruled against JetBlue’s $3.8 billion takeover of low-cost carrier Spirit Airlines, saying that the deal would reduce competition. The decision comes after the US Justice Department last year sued to block the merger, noting the combination would hurt consumers and violate antitrust law. Spirit Airlines shares ended the day […]

Boeing opens warehousing facility in UP for parts supply

US aircraft maker Boeing on Monday announced the opening of a warehousing facility at Khurja in Uttar Pradesh for parts supply. The 36,000-sq ft India Distribution Centre, being operated in collaboration with third-party logistics provider DB Schenker, will support regional aviation customers in maintaining higher fleet utilisation, the company said in a statement. The new […]

India’s domestic natural gas production rises 4%, LNG imports up 12.7% in H1 2023

India’s domestic natural gas production increased by about 4% in the first half of 2023, with a significant rise in production from PSC/JVs fields, while the volume of LNG imports rose by approximately 12.7%, the Petroleum Planning & Analysis Cell (PPAC) said in its ‘Ready Reckoner’ H1 edition. The report, detailing the country’s energy statistics […]