Category: Civil Aviation

GMR Infrastructure Ltd (GIL) has started trading at the stock exchanges as a pure-play airport sector company from Tuesday onwards, according to a statement. “GIL shares started trading today ex-GPUIL. This is post the demerger of non-airports business of GIL into GMR Power and Urban Infrastructure Limited (GPUIL),” the statement said. With GIL, for the […]

The bonds of Indian airport operators dropped to their lowest since October, as a surge in Covid cases dents demand for air travel. The 6.45 per cent 2029 note issued by Delhi International Airport declined to its lowest level since October 12 on Tuesday, while a 4.75 per cent 2026 issue of GMR Hyderabad International […]

A division bench of the Madras High Court on Tuesday upheld a recent verdict of a single judge ordering the winding up of private airliner SpiceJet Limited and directing the official liquidator attached to the High Court to take over the assets of the company. Holding the appellant company had not made out any ground […]

Madras High Court has dismissed SpiceJet’s appeal against a single-judge bench order for its winding up due to non-payment of $24 million to SR Technics- a maintenance and repair company. The winding-up process allows the liquidator to sell off stocks, pay off the creditors, and distribute the assets to partners and shareholders. Rejecting the appeal, […]

The European Union ended travel restrictions on flights from southern Africa on Monday well over a month after imposing them to in hopes of containing the spread of the omicron variant of the coronavirus. The highly contagious variant was first discovered in southern Africa in late November and the 27-nation bloc restricted travel for visitors […]

Airbus said Monday that it delivered 611 passenger jets in 2021, an 8% increase over 2020 but an indication that airlines are still cautious about adding new planes during a pandemic that has reduced travel worldwide. More than three-quarters of last year’s deliveries were for planes in Airbus’ A320 family, which are mostly used for […]

Full-service carrier Vistara, which completed seven years of its operations on January 9, said on Monday its fleet has crossed 50 aircraft with over 12 planes added in the last 21 months alone despite pandemic challenges. In addition to this, Vistara said it has flown 30 million passengers since its launch on January 9, 2015 […]

Domestic air passenger traffic remained 44 per cent lower in the April-December 2021 to 111 lakh against the corresponding period of FY20, but saw a jump of 52 per cent compared to December 2021, according to rating agency ICRA. The total domestic passenger traffic had stood at 73 lakh in December 2020, according to a […]

The Directorate General of Civil Aviation is investigating a fire in a tractor that was being readied to push back an Air India Airbus A320 aircraft at Mumbai airport on Monday morning. No injuries were reported and there was no damage to the Air India plane, which eventually took off for Jamnagar after a slight […]

The Rafale maritime fighter aircraft on Monday demonstrated its operational capability at a naval facility in Goa as the Navy plans to acquire a fleet of combat jets for its indigenous aircraft carrier (IAC) Vikrant, people familiar with the development said. The demonstration by the naval variant of the Rafale jet took place at the […]

IndiGo on Sunday said it will cancel around 20 per cent of its flights because of the surge in Covid cases driven by the Omicron variant and waive change fees till March 31 in response to customer needs. Change fee is paid by a passenger to switch to a different flight date. In a press […]

Alliance Air, a subsidiary of Air India, has issued a tender to refurbish its entire fleet of 18 ATR-72 aircraft. Air India, after its successful sale to the Tata Group in October last year, is expected to be handed over to the conglomerate in the first half of this year. However, Alliance Air will remain […]