New Delhi, June 6The temporary grounding of Jet Airways has positively transformed market dynamics for the other Indian carriers, which could report a combined net profit of $250-700 million in FY20, the Centre for Asia Pacific Aviation (CAPA) said in a report titled ‘India Insight Q1 FY 20’, on Thursday. The best case scenario would […]
Category: Civil Aviation
AAI inks pact with Boeing to modernise air-traffic management
State-owned airport operator Airports Authority of India, has signed a technical assistance agreement with Boeing to develop a 10-year Communication, Navigation and Surveillance/Air Traffic Management (CNS/ATM) modernisation roadmap for India. The objective of the agreement is to develop a roadmap for AAI to use as a guide in the modernisation of the Indian National Airspace […]
Air India stake sale: Will it will be a smooth flight this time?
In the first week of its taking charge, the new government has made it clear that it is serious about divesting its stake in the state-owned Air India. On Monday, the government announced the setting up of a data room which will be up and running by July 1 and the appointment of two nodal […]
SpiceJet shares up more than 4%
SpiceJet shares gained over 4 per cent on Monday after the company said it plans to hire up to 2,000 staff including pilots and cabin crew of the defunct Jet Airways as the no-frills carrier continues to expand its operations. The company’s scrip rose by 4.18 per cent to close at Rs 152.05 on the […]
Some Boeing 737 MAX planes may have faulty parts: US FAA
The US Federal Aviation Administration (FAA) on Sunday disclosed a new problem involving Boeing Co’s grounded 737 MAX, saying that more than 300 of that troubled plane and the prior generation 737 may contain improperly manufactured parts and that the agency will require these parts to be quickly replaced. The FAA said up to 148 […]
AN-32 aircraft with 13 aboard goes missing
A Russian-origin AN-32 transport aircraft of the Indian Air Force with 13 people on board went missing on Monday afternoon around 33 minutes after taking off from Jorhat in Assam for Arunachal’s Menchuka near the border with China, officials said. The IAF said the aircraft took off from Jorhat 12.27 pm for the Menchuka advance […]
SpiceJet examines taking over widebody Jet Airways aircraft as they require maintenance
Budget airline SpiceJet Ltd is examining the prospect of taking over widebody jets previously operated by Jet Airways Ltd, but initial studies show they need significant maintenance work, its chairman said on Saturday. SpiceJet, which operates narrowbody and turboprop planes, does not have firm plans to become a widebody operator with longer-range flights in the […]
Mohana Singh becomes first woman fighter pilot to fly Hawk jet
Flight Lieutenant Mohana Singh has become the first woman fighter pilot to fly by day a Hawk advanced jet aircraft, a defence release has said. She achieved the feat at the Kalaikunda Air Force Station in West Bengal on Thursday, it said. “Flight Lieutenant Mohana Singh became the first woman fighter pilot to become fully […]
Sreekumar takes over as new Director of Chennai Airport
S Sreekumar took over as the Airport Director, Airports Authority of India, Chennai Airport, on Saturday. He succeeds G Chandramouli, who will assume charge of Regional Executive Director (Western Region), Mumbai. Hitherto, Sreekumar was the Regional Executive Director (Southern Region), Chennai. He started his career in AAI in 1989 as an Assistant Executive Engineer at […]
GMR Airports set for demerger; valued at Rs. 22,500 cr post deal
GMR Airports, part of the diversified GMR Infrastructure, continues to grow, with airports contributing to a stronger platform and potentially paving the way for demerger of the airports business from GMR. From raising long-term debt capital through bond offerings to stake divestment and monetisation of land parcels, it is witnessing buoyancy. The recent transaction values […]
Stiff challenges ahead for new Civil Aviation Minister
Hardeep Singh Puri, who has been appointed as Minister of State (Independent Charge) in the Ministry of Civil Aviation, has his job cut out for him. A career diplomat, Puri also holds additional charge of Housing, Urban Affairs and Commerce and Industry all of which should help him take a holistic view of the civil […]
Ramco Systems bags order from Air Caledonie
Aviation software provider Ramco Systems on Thursday said it has won an enterprise, resource, planning (ERP) modernisation programme from Air Caledonie, the domestic airline of New Caledonia. Air Caledonie (Societe Caledonienne de Transports Aeriens) operates passenger and cargo flights. New Caledonia is located in Melanesia in Southwest Pacific Ocean. As per the agreement, Ramco Systems […]