Bengaluru: State owned Hindustan Aeronautics Limited (HAL) has recorded turnover of over Rs 19,400 crore for the 2018-19 financial year, ending March 31 against Rs 18,284 crore in the previous year. HAL said it posted a revenue growth in excess of six per cent during 2018-19 as compared to 3.8 per cent during 2017-18.
Category: Civil Aviation
Another aircraft to operate from Mysuru airport
Mysuru: Alliance Air will operate another 72-seater flight from Mysuru Aiport shortly, connecting the Heritage City with Kochi. Alliance Air will operate ATR72 flight on all days of the week except Monday. The flight will arrive at 8.05 pm and depart at 8.35 pm. As of now, the operations have been confirmed till October 26 […]
Jet Airways pilots defer to April 15 decision not to fly
Mumbai: A major crisis at the struggling carrier Jet Airways was averted Sunday after it’s pilot’s body National Aviator’s Guild (NAG) deferred to April 15 its call of halting operations. The decision was taken at an open house meeting of NAG members that took place both in Mumbai and Delhi on Sunday afternoon, a guild […]
New supersonic jet to run completely on biofuels, flies in 2023
Supersonic jet developer Aerion Corp is designing its first plane to run completely on biofuels to reduce emissions, even as the company calls for new global standards for planes that can conquer the sound barrier, the company’s chief executive said on Thursday. Aerion’s business jet AS2, with a $120 million list price per jet, would […]
Rescue deal is no panacea for India’s struggling Jet Airways
New Delhi: Jet Airways’ investors are cheering this week’s government-led rescue deal, but the cash-strapped Indian airline’s future looks mired in uncertainty as convincing a new investor to come on board may not be easy. The airline, which was on the brink of bankruptcy, was bailed out on Monday by state-run banks, which have temporarily […]
Aviation capacity up but hiring drops 80 per cent
Chennai: Despite aviation industry adding capacities year after year, hiring has declined by 80 per cent between 2014 and 2018. While the cabin crew has become leaner over these years, non-availability of required skills locally also seems to have adversely affected hiring. According to the data with job portal Indeed, in the last five years— […]
Boeing 737 Max makes emergency landing after minor engine issue
Washington: A Boeing 737 MAX aircraft operated by Southwest Airlines made an emergency landing Tuesday after experiencing an engine problem as it was being ferried from Florida to California, the US Federal Aviation Agency said. “The aircraft returned and landed safely in Orlando,” the FAA said in a statement, adding that no passengers were on […]
US FAA says handling aircraft approval on its own would cost $1.8 billion
It would cost $1.8 billion and take 10,000 new employees for the US aviation regulator to handle all aircraft certification internally, the agency’s acting chief told a Senate panel on Wednesday, facing tough questions after two Boeing 737 MAX crashes on how new planes are approved for flight. The Federal Aviation Administration delegates much of […]
Boeing rolls out software fix to defend 737 MAX franchise
Boeing Co on Wednesday took its most aggressive moves yet to defend its core 737 airliner franchise, saying it had developed software fixes to prevent failures of an automated flight control system that is being scrutinized after two deadly crashes in the past five months. Boeing, in the midst of one its worst crises in […]
Jet Air buyer will have to bring in Rs 4,500 crore
Mumbai: Buyers looking to acquire the cash-strapped Jet Airways will have to bring in about Rs 4,500 crore to keep the airline flying. The State Bank of India (SBI), leader of the group of 26 lenders, will next month invite expression of interest (EoI) from buyers willing to take over the airline and would finalise […]
Jet Airways shares rise after govt official rules out grounding more planes
Jet Airways Ltd’s shares rose about 6 per cent on Wednesday to a near 10-week high, after a top aviation ministry official ruled out grounding more planes and said the carrier would fly 40 more aircraft by the end of April. Jet is in talks with leasing companies to restart operating several of its grounded […]
Tatas to enter airport business with GMR stake buy
Mumbai: Salt-to-software conglomerate the Tata Group has made an entry into the airport business by investing in GMR Airports, a subsidiary of GMR Infrastructure. A consortium of Tata Group, an affiliate of Singapore’s sovereign wealth fund GIC and Hong Kong-based SSG Capital Management will invest Rs 8,000 in GMR Airports. Announcing the deal GMR Airports’ […]