Category: Civil Aviation

Shares of Jet Airways fell over two per cent in the afternoon trade Tuesday amid the crisis-hit airline deciding to seek shareholders’ approval for conversion of loans into shares.

Paying compensation for flight cancellations will not be mandatory for airlines. Domestic carriers would have an option to provide an alternate flight to a passenger impacted by cancellation as per the revised draft of the passenger charter of rights.

Rajiv Saxena, the co-accused in Rs 3,600-crore AgustaWestland chopper deal case, and corporate lobbyist Deepak Talwar were extradited to India in the early hours of Thursday from United Arab Emirates (UAE), in another breakthrough for the government which managed successful extradition of Christian Michel James in December last year.

In a major boost to agencies probing high-profile corruption cases, a Dubai-based businessman wanted in the VVIP choppers case and a corporate aviation lobbyist have been deported to India, officials said Thursday.

Boeing Co topped expectations with both quarterly profit and its forecast for 2019 cash flow on Wednesday, as a boom in air travel underpinned a prediction for full-year deliveries of around 900 commercial airplanes.

The CBI has registered five cases against employees of HAL Engine Division at Koraput, Odisha for allegedly causing a loss of Rs 13.28 crore to the public sector undertaking, officials said Wednesday.

Ailing Goa Chief Minister Manohar Parrikar on Wednesday accused Congress president Rahul Gandhi of using his courtesy visit to him for “petty political gains”, asserting that there was no mention of the Rafale issue in their five-minute meeting.

AgustaWestland chopper deal co-accused Rajiv Saxena and corporate lobbyist Deepak Talwar were on Wednesday extradited from United Arab Emirates (UAE) for India in another breakthrough for the government which managed successful extradition of Christian Michel James in December last year, an official said.

Japan’s ANA Holdings Inc said it would order 38 planes worth $4.33 billion from Boeing Co and Airbus, and buy a stake in Philippines Airlines parent PAL Holdings Inc to support its Asia growth strategy.

Crisis-ridden Jet Airways has decided to cancel 15 flights on Wednesday following grounding of six Boeing 737 planes due to non-payment of lease rentals, according to sources.

In a first such move by a creditor in relation to Jet Airways, US-based aircraft lessor GECAS has asked the debt-laden airline to ground at least five Boeing 737 planes due to non-payment of dues.

Crisis-ridden Jet Airways was Tuesday forced to ground three of its Boeing 737 planes due to non-payment of lease rentals, leading to cancellation of around 20 domestic flights, according to sources.