Budget carrier IndiGo’s decision to acquire wide-body planes augurs well for the Indian aviation industry as international long-haul routes are comparatively more profitable and will also help in creating an aviation hub in the country, according to rating agency CRISIL. Till January last year, IndiGo operated single-aisle Airbus aircraft fleet and in February 2023, it […]
Category: Civil Aviation
Delhi HC allows request by Go First lessors for aircraft deregistration
The Delhi High Court on Friday directed the Directorate General of Civil Aviation (DGCA) to forthwith process the applications filed by several lessors for deregistration of their 54 planes so that they could take them back from the crisis-hit Go First airline. The high court said the process shall be done in not later than […]
GMR Airports Infrastructure shoots up by 8% on healthy business outlook
Shares of GMR Airports Infrastructure shot up 8.2 per cent at Rs 92.34 a piece on Friday’s intraday trade. A combined 3.07 million shares of the company changed hands on the BSE. In comparison the S&B BSE Sensex fell by 0.31 per cent 74,109 levels. The stock of GMR Airports reached a 52-week high of […]
Shaurya Aeronautics, Russian firm awarded management of Matta airport
A joint venture between an Indian and a Russian firm have been awarded the management of Sri Lanka’s Mattala Rajapaksa International Airport in Hambantota, the government spokesman said on Friday. The $209 million facility was once dubbed the “world’s emptiest airport” due to a lack of flights. The Sri Lankan Cabinet, which met on January […]
IndiGo hits record high on placing $5 bn order for 30 wide-body aircraft
Shares of IndiGo climbed as much as 3.76 per cent to hit an intraday high of Rs 3,958.65 apiece, on Friday. The boost came after the company’s announcement of venturing into the wide-body space with an order placement for 30 Firm A350-900 aircraft. These A350-900s will be equipped with Rolls Royce’s Trent XWB engine. The […]
Air India Express offers discounted tickets to young first-time voters
Air India Express will give first-time voters aged 18 to 22 a 19 per cent discount on domestic and international flight tickets for travelling to their home constituencies and back, the Economic Times (ET) reported. This deal is part of the airline’s “#VoteAsYouAre” campaign, “designed to mobilise first-time voters to fly home to exercise their […]
IndiGo places first-ever widebody aircraft order for 30 Airbus A350 jets
IndiGo, India’s top airline by market share, placed an order with Airbus for 30 A350-900 jets, it said on Thursday, its first-ever order for widebody aircraft. Indian carriers are trying to keep pace with the world’s fastest-growing aviation market, where demand for air travel has surged post-pandemic, even as plane manufacturers struggled to meet output […]
IndiGo places $5 billion order for 30 A350-900 widebody aircraft
IndiGo on Thursday placed an order with European plane maker Airbus for 30 A350-900 widebody aircraft at a deal estimated to be between $4 billion and $5 billion. To meet growing demand in the country’s air travel market, Indian carriers have made four significant aircraft orders since last year. In February 2023, the Tata-run Air […]
‘Indian airlines will need 60 wide-body planes for long routes by FY2032’
Indian airlines will require around 60 more wide-body aircraft to serve long and ultra-long haul markets in financial year 2032, aviation consultancy CAPA India said on Thursday. India is one of the world’s fastest growing civil aviation markets but at present, only Air India and Vistara have wide-body planes in their fleets. IndiGo on Thursday […]
Paris will become no-fly zone to safeguard 2024 Olympic opening ceremony
Skies over the Paris region will be closed for six hours as part of the massive security operation for the July 26 opening ceremony of the Olympic Games, the Paris airports operator said Wednesday. Augustin de Romanet, chairman of Aroports de Paris, said airlines are being warned in advance about the closure and told they […]
Boeing Co’s revival road map put to test by dwindling time and cash
Boeing Co.’s assurance that it can pull itself together in the next three months is giving rise to two opposing questions: Is that too little time to turn things around — or too long to withstand the financial hemorrhaging? Chief Executive Officer Dave Calhoun put an optimistic spin on the embattled company’s outlook as he […]
Flyers to or from US will soon get instant refunds if flights are cancelled
Traveling to or from the US? You will soon be entitled to an automatic refund if your flight is canceled or significantly altered, under new US Department of Transportation rules released on Wednesday. “Passengers deserve to get their money back when an airline owes them—without headaches or haggling,” US Transportation Secretary Pete Buttigieg said in […]