Category: Civil Aviation

MUMBAI: Jet Airways (India) Ltd. on Friday said that stakeholders of the airline and board of directors of the company are yet to agree and approve the resolution plan that is expected to infuse much needed capital in the company.

NEW DELHI: The government will provide a total of ₹3,900 crore for servicing Air India’s loans transferred to a special purpose vehicle, according to Budget documents.

Budget carrier IndiGo will develop a new maintenance repair and overhaul (MRO) facility in Bengaluru, the company said on Thursday. The new facility will come up at the Kempegowda international airport and is likely to be operational by March 2020. It will be IndiGo’s second MRO unit in the country after Delhi airport.

With equity dilution clouds hovering over Jet Airways (India) Ltd, some analysts are perplexed its shares have remained resilient. The airline said it will seek approval from shareholders to increase its authorized share capital and convert a part of its mammoth debt into equity.

MUMBAI: Jet Airways (India) Ltd has restored three Boeing 737 aircraft into its fleet after two consecutive days of flight disruptions that affected hundreds of domestic passengers. The airline added the planes on Thursday after completion of their engine ‘normalisation exercises’, a company spokesperson said.

MUMBAI: InterGlobe Aviation Ltd, which operates India’s largest domestic airline IndiGo, will build its second aircraft maintenance, repair and overhaul (MRO) centre in Bengaluru to cater to a fast-growing fleet of mostly Airbus SE planes.

New Delhi: Civilian flight operations from Hindon airbase is likely to start from March, a government official said Wednesday.

The government will continue to give financial support to debt-ridden Air India, subject to stringent riders on efficiency improvement till the national carrier is divested, a person privy to the discussions in the government said.

Mumbai: Air India SATS (AISATS), a joint venture between Air India Limited, and Singapore-based SATS Limited, which provides gateway and cargo services at airports, on Wednesday said that it has appointed Ramanathan Rajamani to lead the company.

Jet Airways (India) Ltd said it was forced to cancel dozens of local flights for two consecutive days as the lease periods on some planes expired while a few others are undergoing “engine normalization” exercises.

NEW DELHI: India and the United Arab Emirates (UAE) are to hold talks soon on revising a 2007 air services pact and four sectoral agreements that will allow an increase in the number of flights between the two countries, which stand at 1,068 a week, the Emirates envoy to India, Ahmed Al Banna, said in […]

MUMBAI: Jet Airways (India) Ltd cancelled several local flights on Tuesday, affecting hundreds of passengers, as its lessors forced the grounding of some planes due to non-payment of lease rentals, said two people aware of the matter.