NEW DELHI : Malaysia’s AirAsia Berhad, which sold a big chunk of its stake in AirAsia India Ltd (AAIL) to Tata Sons late last year, has valued its remaining 16% stake at $18.8 million. In a stock exchange filing, AirAsia Berhad said it has classified its remaining stake in AAIL from “investment in associates” to […]
Category: Civil Aviation
International flight ban now till 30 June
NEW DELHI: The Indian government has extended the ban on international commercial flights till 30 June, the Directorate General of Civil Aviation (DGCA) said in a circular on Friday. The ban on scheduled overseas flights was to end on 31 May after a 14-month gap. Dedicated cargo flights, flights under the bilateral air bubble pacts […]
India extends ban on international flights till June-end
The Central Government on Friday extended the ban on international commercial flights till 30 June, the Directorate General of Civil Aviation (DGCA) said in a circular. The ban on scheduled overseas flights was to end on 31 May after a 14-month gap. However, it said that the Covid-related restrictions will not apply to international all-cargo […]
Domestic air travel will now cost you more as govt raises lower limit on fare
The civil aviation ministry has raised the lower limit on airfares by 13 to 16%, in turn paving way for domestic flying to become costlier for travellers. The upper limits have remained unchanged, reported news agency PTI. The increase in fares is set to come into effect from 1 June, according to an official order. […]
Airlines can operate only 50% of pre-COVID domestic flights from 1 June: Govt
Airlines can operate only 50 per cent of their pre-COVID domestic flights from June 1 instead of 80 per cent permitted currently, the Civil Aviation Ministry said on Friday. The decision has been taken “in view of the sudden surge in the number of active COVID-19 cases across the country, decrease in passenger traffic and […]
AI flight returns to Delhi after take off as cabin crew sees bat’s carcass
An cflight to Newark in the US had to return to the Delhi airport on the morning of May 27 as cabin crew saw a bat’s carcass inside the business class area of the plane just half an hour after take off, sources said on Friday. The plane had departed from the Delhi airport at […]
Training aircraft makes emergency landing on Yamuna Expressway
A two-seater training aircraft, Cessna-152, made an emergency landing on Thursday on the Yamuna Expressway after developing a snag, news agency PTI reported citing police officials. The aircraft landed in the afternoon and both the trainee pilot and the instructor were safe, the report said. The Aligarh-bound aircraft was returning from Narnaul in Haryana. Sharing […]
Ramco Systems surges 5% as Iraqi Airways decides to adopt its aviation software
MUMBAI : Shares of Ramco Systems jumped 4.60% on Thursday after the company announced that it will implement its aviation software, Ramco Aviation M&E MRO Software V5.8, at Iraq’s national carrier, Iraqi Airways Company. At 12.45 pm, Ramco Systems was trading at ₹571.85 up 2.56% from its previous close, while the benchmark index, Sensex gained […]
Zetwerk forays into aerospace, defence sectors
BENGALURU: Zetwerk Manufacturing, a contract manufacturer of capital and consumer goods, on Thursday said it has forayed into aerospace and defence sectors to develop and build products and technology for Indian and global customers. Zetwerk Kinetix Technologies Pvt Ltd, a joint venture company, will develop and build niche technology products such as unmanned aerial vehicles, […]
Boeing to pay FAA penalties related to 737 jet production problems
Boeing Co. has agreed to pay $17 million in civil penalties for production lapses related to 737 aircraft models in a settlement with the Federal Aviation Administration, the agency said. The settlement, which involves production problems that took place from 2015 to 2019 with the narrow-body passenger jet, comes as the agency has increased its […]
Cyclone Yaas: SBI General Insurance to use drones for fast claim settlement in cyclone-hit states
Kolkata: SBI General Insurance on Wednesday said it will use drones to carry out surveys and assess damage caused by cyclone ‘Yaas’ in parts of Odisha, West Bengal and Jharkhand in a bid to speed up the claim settlement process for its customers affected by the natural disaster. The insurer has also set up a […]
Cyclone Yass: Six flights cancelled at Mumbai Airport
The city’s Chhatrapati Shivaji Maharaj International Airport (CSMIA) on Wednesday said as many as six flights, including three departures, have been cancelled in view of cyclone Yaas in the Bay of Bengal. The flights to other regions, however, continue to operate as per schedule, CSMIA said a statement. In light of the developments around Cyclone […]