Another Indian airline founded by a billionaire is on the brink of shutting down for good, having tried and so far failed to attract a savior after entering bankruptcy protection in May. Go Airlines India Ltd.’s chances are fading. Chief Executive Officer Kaushik Khona quit at the end of November, saying he couldn’t get the […]
Category: Civil Aviation
Air India unveils new uniforms for cabin, cockpit crew
Mumbai: Private carrier Air India on Tuesday unveiled its new collection of uniforms, designed by Manish Malhotra, for its cabin and cockpit crew. The new uniforms will be introduced in a phased manner over the next few months, starting with the entry of service of Air India’s first Airbus A350 aircraft, the company said in […]
SpiceJet posts Rs 446 cr consolidated loss in September quarter
New Delhi: SpiceJet on Tuesday reported a narrowing of consolidated loss of Rs 446.09 crore in the three months ended September, mainly as the crisis-hit carrier reduced overall expenses.The consolidated results include the financials of nine subsidiaries.On a consolidated basis, the airline recorded a total comprehensive loss of Rs 446.09 crore in the latest September […]
SpiceJet to list securities on NSE
New Delhi: No-frills airline SpiceJet on Monday said it will soon be listing its securities on the National Stock Exchange (NSE). Shares of the carrier, which is navigating financial turbulence, jumped more than 8 per cent in the morning trade on the Bombay Stock Exchange (BSE). In order to reach a wider investor base, “the […]
Boeing to name Stephanie Pope as chief operating officer
Boeing is expected to name company veteran Stephanie Pope as its chief operating officer (COO), setting her up as the likely successor to Chief Executive David Calhoun, the Wall Street Journal reported late on Sunday. Pope, who currently heads Boeing Global Services, is expected to be named COO as soon as Monday, according to the […]
Air India rejigs 250-aircraft Airbus order
Mumbai: Tata Group-owned Air India, which placed a 250-aircraft order with Airbus earlier this year, has rejigged the order, which will now have more number of A321neo aircraft, according to sources. As part of the 250 aircraft order with Airbus, the airline was to acquire 210 narrowbody A320 family planes, comprising 140 A320neo and 70 […]
Airlines see stable profits, record traveller numbers in 2024
Geneva: Airline profits are set to stabilise in 2024 as continued growth in post-pandemic travel is offset by the high cost of capital and capacity constraints, industry group IATA said on Wednesday. The global airline sector has largely recovered from the COVID-19 pandemic, which saw planes grounded and travellers reluctant to fly, as demand has […]
SpiceJet board meet on Dec 11 to consider fundraising on preferential basis
Mumbai: No-frills carrier SpiceJet on Thursday said its board of directors will meet on December 11, to consider various options to raise fresh funds on preferential basis. The announcement comes amid reports that SpiceJet promoter Ajay Singh was in discussions with a bunch of global private credit funds to raise up to Rs 830 crore […]
Air India Express introduces premium economy
Bengaluru: With air travel rebounding strongly post-pandemic, Indian airlines have been quick to jump onto the premiumisation bandwagon. The latest to hop on is Air India Express, subsidiary of Tata-owned Air India, which, on Tuesday, announced the introduction of Vista VIP fares on routes operated by Boeing 737-8 aircraft, the airline’s latest addition to its […]
Air India moves IT infra to cloud
Mumbai: India’s leading global airline, Air India, has successfully migrated to a cloud-only IT infrastructure, having closed its historic data centres located in Mumbai and New Delhi. This makes Air India one of the first major global airlines to have moved all computational workloads exclusively to the cloud. The move brings remarkable technological agility and […]
‘Non-recognition of DGCA standards by Europe a stumbling block to MRO development’
Touted to become the world’s third-largest aviation market in the next calendar year, the Indian aviation sector is expected to grow by 15%, touching 155 million passengers by the end of the current fiscal year. However, the year has been a roller coaster ride for the industry. Walking DH’s Lavpreet Kaur through the eventful year […]
300 flights grounded, 31 diverted from Chennai to Bengaluru due to Cyclone Michaung impact
Bengaluru: As many as 300 (inbound and outbound) flights were affected at Chennai Airport on Monday as Cyclone Michaung hit Tamil Nadu, official sources at the airport told DH. Of these, only 23 flights were diverted, while all others were cancelled. As per initial estimates, between 3,000-5,000 passengers were affected due to the suspension of […]