IndiGo will begin services from India to China this year, Willy Boulter, the company’s Chief Commercial Officer, said on Wednesday at the India Aviation Summit. “(China) is a big opportunity that India is missing. We are determined to operatefly to China,” Boulter said, adding that the airline plans to operate 14 flights to between India […]
Category: Civil Aviation
GoAir CEO Vrieswijk ejects just eight months into the job
Cornelis Vrieswijk, the Chief Executive Officer of GoAir, has stepped down citing family commitments. Jeh Wadia, Managing Director of the airline, will take over the role until a replacement is found. Vrieswijk expressed his desire to relocate to Amsterdam since his family did not wishto settle in Mumbai. “The board understood his compulsions to move […]
GoAir CEO resigns within nine months of appointment
To be replaced by Managing Director, Jeh Wadia, until replacement is found Cornelis Vrieswijk, the Chief Executive Officer of GoAir, has stepped down citing family commitments. Jeh Wadia, Managing Director of the airline will take over the role until a replacement is found. Vrieswijk expressed his desire to relocate to Amsterdam since his family did […]
IndiGo expects stability by March 31
IndiGo announced on Wednesday that it expects its operations to be completely normal by March 31, this year. The airline’s statement comes on a day when it accepted that it had cancelled 49 flights on Wednesday. In a statement, the airline said all the flights were cancelled with one to two days prior notice in […]
Airbus to scrap production of A380 superjumbo
Airbus decided to stop making the A380 double-decker after a dozen years in service. The production of the jumbo jet will end by 2021, after the A380s biggest customer, Emirates, and a handful of remaining buyers receive their last orders. The Gulf carrier will pare down its current A380 order to 14 from 53, Airbus […]
Jet Airways poised to get emergency loan
The fund infusion would come as a lifeline for Jet Airways, that has defaulted on interest payments, delayed salaries and grounded multiple aircraft in its struggle to stay afloat Jet Airways India Ltd, which is in the midst of bailout talks with its partner and lenders, is set to get an emergency loan of as […]
Etihad Airways restructures Airbus, Boeing jet orders
The airline’s announcement comes after an elaborate strategy review that began in 2016 after it piled billions of dollars into a failed strategy of buying minority stakes in other airlines Etihad Airways said on Thursday it has agreed with Airbus and Boeing to restructure a “large portion” of its orders, in what appeared to be […]
Airbus on talent-hunt at Aero India
Airbus, which has bagged couple of orders at the country’s premier air show — Aero India 2019 — is also trying to leverage the event for talent acquisition. “On February 23 and 24, the company will offer members of the public the opportunity to explore career prospects with Airbus India,”Anand E Stanley, President and Managing […]
Ashwani Lohani re-appointed as Air India CMD
Ashwani Lohani returns to the post of Chairman and Managing Director of Air India about 19 months after he demitted office. The Appointments Committee of the Cabinet on Wednesday appointed Lohani, who recently retired as Chairman, Railway Board, as CMD of Air India for a period of one year or until further orders. He replaces […]
AAI decision on contracts clouds prospects of Air India subsidiary
The Airports Authority of India’s (AAI) decision to award ground-handling contracts for 76 airports around the country could affect the divestment prospects of the ground-handling subsidiary of Air India, Air India Air Transport Ltd (AIATSL). This is because several parties interested in bidding for AIATSL are now wondering whether they will have to match the […]
Congress trashes CAG report on Rafale
Congress President Rahul Gandhi on Wednesday said the Comptroller and Auditor General (CAG) report on the Rafale jet fighter deal is “not worth the paper it is printed on” as it does not include the dissent note by the expert negotiating team. At a press conference called hours after the federal auditor tabled the performance […]
What does the CAG’s Rafale report say?
The Comptroller and Auditor General (CAG), on Wednesday, released its report in the Rafale jet procurement. CAG made the following points about the pricing of the Rafale jets: The price of aircraft as estimated by audit is 2.86 per cent lower than the original price. The cost of India-specific enhancement is 17.08 per cent lower. […]