The government has told Pratt & Whitney (PW) to supply engines so that the grounded planes of Indian carriers are “up and running”, Aviation Minister Jyotiraditya Scindia said on Thursday. “We cannot have multiple planes of one engine manufacturer on the ground in India, which is the case today, unfortunately,” Scindia told reporters after an […]
Category: Civil Aviation
IndiGo posts Rs 919 crore net profit, its best-fourth quarter ever
InterGlobe Aviation, which operates India’s largest airline, IndiGo, reported its highest ever fourth-quarter profit — of Rs 919 crore — in January-March FY23. In the same period of FY22, the airline had posted a net loss of Rs 1,681 crore. For FY23, the airline posted a net loss of Rs 305 crore as against a […]
IndiGo reports net profit of Rs 919.2 crore in Q4FY23, revenue up 76%
Interglobe Aviation Ltd, the operator of India’s top airline IndiGo, reported a second consecutive quarterly profit on Thursday, as strong demand for air travel more than offset a jump in fuel expenses. India’s biggest airline by market share reported a profit of Rs 919.2 crore in the three months to March 31, compared to a […]
Jet Airways net loss after tax narrows to Rs 54.94 crore in March-quarter
Jet Airways, on Thursday, reported a consolidated net loss after tax at Rs 54.94 crore for the March quarter. The company reported a net loss of Rs 234 crore a year ago. The company’s consolidated net revenue from operation rose by 12.45 per cent to Rs 12.37 crore for the March quarter as compared to […]
Scindia voices concern over Go First, says committed to support airlines
In wake of budget airline Go First going for insolvency resolution proceedings due to financial difficulties, Civil Aviation Minister Jyotiraditya Scindia on Thursday expressed concern over the situation, acknowledging that it is not favourable for the industry. Talking to reporters here, he emphasised that while Go First’s financial challenges impact the civil aviation sector, it […]
Government has massive game plan for civil aviation sector: Scindia
The government has a “massive game plan” and a three-pronged strategy for the country’s fast-growing aviation market, Civil Aviation Minister Jyotiraditya Scindia said on Thursday. Mentioning the aviation market’s potential, he said domestic passenger numbers rose to 144 million in 2019 from 60 million in 2014, a CAGR (Compound Annual Growth Rate) of about 14.5 […]
7 passengers suffer sprain due to turbulence on AI’s Delhi-Sydney flight
Seven passengers onboard an Air India flight from the national capital to Sydney on Wednesday suffered “minor sprain” due to severe turbulence, according to a senior DGCA official. The official at the Directorate General of Civil Aviation (DGCA) said that no hospitalisation was required. Air India B787-800 aircraft VT-ANY operating flight AI-302 from Delhi-Sydney encountered […]
IndiGo inducts 2nd Boeing 777 aircraft; to operate on Mumbai-Istanbul route
No-frills airline IndiGo on Wednesday said it has inducted a second wide-body Boeing 777 aircraft in its fleet, which it will operate on the Mumbai-Istanbul route. After operating a narrow-body Airbus fleet, in single-class configuration for over 16 years, the Gurugram-based IndiGo commenced twin-aisle aircraft operations earlier this year with one B777 on the Delhi-Istanbul […]
Go First tells pilots to resume work from May 27, training from tomorrow
Cash strapped low-cost airline Go First wants to resume flying again by May 27, reported Economic Times citing sources. According to a memo issued by the company to the pilots, beginning tomorrow, the airline will resume its pilot training programmes, ET said. “Operations are likely to commence from 27 May. Since there has been a […]
NCLT to hear Spicejet insolvency plea on May 25 as talks with lessor fail
National Company Law Tribunal (NCLT), Delhi on Wednesday has given Spicejet a week to file a reply on a plea by airline’s lessor Aircastle over unpaid dues of Rs 49-odd crore. The tribunal told both parties to ‘be prepared with a resolution or be prepared for arguments on insolvency’ in the next hearing on May […]
Jet Airways looks into abyss as JKC fails to renew its flying permit
The Jalan Kalrock Consortium (JKC), which won the bid for Jet Airways is facing an important deadline on May 19. Jet Airways is scheduled to lose its air operator’s permit (AOP) which is issued by the Directorate General of Civil Aviation (DGCA), a Financial Express (FE) report said. Importantly, AOP is a prerequisite for any […]
Police prohibit flying of drones as G20 meeting gets underway in Mumbai
In view of the ongoing G20 meeting in the city, the Mumbai police has prohibited the flying of drones or balloons. The flying of “para-gliders, all types of balloons, kites and remote control microlight aircraft” is prohibited, said the order issued under section 144 of the Code of Criminal Procedure by the Deputy Commissioner of […]