Category: Civil Aviation

Market conditions not conducive now, says Vinod Hejamadi, Director Finance The government has not given up plans for privatisation of Air India but it has been kept on hold, Vinod Hejamadi, Director-Finance, Air India, said on Tuesday. Participating at the India Aviation Summit 2019, he said that the government deferred the divestment process as the […]

Bengaluru-based defence PSU Bharat Electronics Limited plans to showcase its wide range of capabilities at the Aero India show. The company will showcase military communication products, radar systems, missile systems, naval systems, C4I Systems, electronic warfare systems, avionics, anti-submarine warfare systems, tank electronics, electro optics, gun/weapon system upgrades shelters, unmanned systems, homeland security, life support […]

Ravi Shankar Prasad dismisses his charge as “height of shamelessness and irresponsibility” and dubbed him a “lying machine” The BJP on Tuesday accused Rahul Gandhi of working as a “lobbyist” for foreign firms and asserted that the e-mail he cited to attack Prime Minister Narendra Modi referred to some chopper deal and not the purchase […]

Citing an email written by an Airbus executive to a French government official, Congress President Rahul Gandhi accused Prime Minister Narendra Modi of leaking official secrets to businessman Anil Ambani. He said Anil Ambani met French Defence Minister and conveyed him about the Rafale deal prior to the Prime Minister’s meeting to ink the deal. […]

Budget airline IndiGo and full-service carrier Vistara on Monday announced a sale on major routes. On IndiGo, passengers can book domestic as well as international tickets anytime between Monday and Wednesday to get a discounted price for the travel period between February 26 to September 28, the airline said. The sale on Vistara begins on […]

Delhi-based low-cost airline SpiceJet has seen its net profit dip by 77 per cent to Rs. 55.1 crore for the quarter ended December 31, 2018 on account of increase in cost of crude oil and the depreciation of the rupee against the dollar. The airline had reported a net profit of Rs. 240 crore during […]

While passengers have to shell out more to fly to and fro from Mumbai, airlines might see an increase in yield owing to the partial shutdown of Chhatrapati Shivaji Maharaj International Airport for maintenance. The airport will not operate flights between 11 am and 5 pm on Tuesdays, Thursdays and Saturdays from February 7 to […]

Hindustan Aeronautics Ltd’s profits on a standalone basis are lower by 17.02 per cent at Rs. 455.19 crore for the third quarter (Q3) of FY 2018-19 as against Rs. 548.59 crore recorded in the same period last year. The company’s income from operations was flat at Rs. 4,482.83 crore as against Rs. 4,462.92 crore in […]

The CAG report will be tabled on Tuesday, a day before the end of the present Lok Sabha session. The government is scheduled to table the CAG report on Rafale jet fighter deal, which has generated a massive political controversy, in Parliament on Tuesday, sources said.

Fresh revelations on the Rafale jet fighter deal in The Hindu on Monday invited demands for probe, condemnation and questions from across the political spectrum on the credibility of the CAG report on the deal. In the Parliament and outside, The Hindu report elicited sharp political comments on the Rafale deal. The CPI(M) Politburo issued […]

Jet Airways has been forced to ground four aircraft on account of non-payment of outstanding amount as per the lease agreement.

Alleging conflict of interest, the Congress on Sunday requested Comptroller and Auditor General (CAG) Rajiv Mehrishi to recuse himself from auditing the deal to purchase 36 Rafale fighter aircraft as he was a part of the negotiations as the then finance secretary.