To fly four times a week on the Surat-Sharjah route Gujarat’s ‘diamond city’ Surat has made it to the international aviation map with the first Air India Express flight arriving here carrying 75 passengers from Sharjah, the airline said on Sunday. The maiden Air India Express flight IX 172 from Sharjah touched down at the […]
Category: Civil Aviation
Aero India 2019: MBDA to offer maritime superiority capabilities for Indian Navy
It is also meant for Indian Army ‘Battlefield Engagement’ MBDA, a European developer and manufacturer of missiles, plans to offer next generation air combat capabilities for Indian Navy’s maritime superiority and for Indian Army ‘Battlefield Engagement’. This European company formed as a joint venture by a merger of the guided missile divisions of Airbus, Leonardo, […]
Pawan Hans sale: Bidders to soon get final share purchase pact
The Government holds 51 per cent stake in Pawan Hans, which has a fleet of 46 choppers The final share purchase agreement will be shared soon with shortlisted bidders of Pawan Hans for selling the Government’s stake and the stake of Oil and Natural Gas Company (ONGC) in the helicopter service provider. A meeting of […]
VVIP Chopper case: Delhi court dismisses Christian Michel’s bail plea
Michel, extradited from Dubai, was arrested by the ED on December 22, 2018 A Delhi court on Saturday dismissed the bail plea of Christian Michel, arrested in connection with an alleged scam in the Rs 3,600-crore AgustaWestland VVIP chopper deal. Special judge Arvind Kumar rejected Michel’s plea in the cases filed by the CBI and […]
For first time, more domestic fliers than international at Cochin Airport
For the first time since its inception, the Cochin International Airport expects to see domestic passengers outnumber international ones this year. ACK Nair, Airport Director, Cochin International Airport Ltd, explains the trend reversal. Excerpts: Do you expect domestic passengers to out number international ones this year? Yes, we had more international passengers till last year. […]
Killing the Airbus A380 is an act of kindness
The A380 is not an important source of revenue accounting for only two per cent of the company’s aircraft deliveries in 2018 and it doesn’t make money Airbus SE’s decision to shut down the A380 program has been a long time coming, but the blow is more to the European manufacturers pride than its pocket. […]
Scheduled cancellations of flights to continue till March, says IndiGo
Budget carrier IndiGo on Friday said scheduled cancellations of 30 flights every day would continue till March 31 and denied that 130 flights were being cancelled on Friday. IndiGo’s statement came a day after media reports said the airline would cancel 130 flights on Friday. The carrier also said that out of the listed 130 […]
Boeing to showcase range of capabilities at Aero India 2019
Boeing will showcase a range of platforms, support and training capabilities for both Indian civilian and defence needs at the Aero India 2019. The company has lined up host of aircrafts which includes the F/A-18 Super Hornet, KC-46A Pegasus tanker, AH-64E Apache, CH-47F Chinook. “Boeing has been closely supporting the modernization and mission-readiness of the […]
With lenders not too keen on owning Jet, Goyal may retain promoter tag
While the Jet Airways board has announced a restructuring plan that will see lenders taking a controlling stake in the company, the key question being asked by investors is whether Naresh Goyal will continue to be the promoter of the debt-laden airline. Jet Airways’ management did not directly respond to this question at an analyst […]
GMR, Adani, NIIF, Fairfax in race for airports deal
The GMR Group, the Adani Group, National Investment and Infrastructure Fund (NIIF) and Fairfax India Holdings have participated in the tender issued by the Airports Authority of India (AAI) to privatise six non-metro airports, according to people briefed on the bids. Australia’s AMP Group and PNC Infratech Ltd are also understood to have submitted their […]
GMR Infrastructure forms panel to ‘spin off’ airport business
GMR Infrastructure Ltd has said it has constituted a sub-committee of its board for a possible spin-off of the airport business as it sees a $100-billion investment opportunity in India. According to a regulatory filing with bourses Thursday, the company has already received multiple proposals from the investors for the airport business, which are currently […]
Quarterly results: GMR Infrastructure posts ₹561-cr loss in Q3
GMR currently runs international airports in Delhi and Hyderabad in India and in the process of constructing one in Goa GMR Infrastructure Ltd has posted a loss of ₹561 crore for the third quarter ended December 31, against a loss of ₹578 crore for the corresponding quarter of the previous financial year, on a consolidated […]