MUMBAI: InterGlobe Aviation Ltd, which operates the country’s largest domestic airline, on Sunday said that it has grounded an Airbus A320 Neo aircraft due to engine issues.
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Pratt & Whitney engine woes: IndiGo grounds A320 neo plane in Lucknow
NEW DELHI: IndiGo has grounded an A320 neo aircraft at Lucknow due to problem in the Pratt & Whitney engine, according to a source.
Petronet in talks to use natural gas as feedstock for power
KOCHI: Petronet LNG Limited on Saturday said talks were being held with officials of two power plants in Kerala on using natural gas as feedstock in place of diesel and naphtha.
Gulf crisis brewing: Cash-strapped Oman may be next blowout after Bahrain
Bond investors rattled by Bahrain’s fiscal woes last year are bracing for the next potential crisis in the Gulf region: Oman.
Air India sale to restart after May, says DIPAM secretary Atanu Chakraborty
The disinvestment pipeline for FY20 might include sale of the Centre’s 63.8% stake in SJVN to NTPC, a new ETF, 10 IPOs, a clutch of offer for sales, buybacks and a new instrument for the CPSEs’ asset monetisation to achieve a stiff target of Rs 90,000 crore set in the recent interim Budget,
Oil prices edge lower, tightening supply outlook supports
Crude oil prices edged lower on Monday after sharp gains during the previous session but were supported by expectations of shrinking supply and signs that China-US trade tensions could ease.
Oil PSU capex drops to 4-year low for 2019-20
State-owned oil firms’ capital expenditure has hit a four-year low with PSUs such as ONGC and IOC planning to invest Rs 93,693 crore in oil and gas exploration, refining and petrochemicals in the 2019-20 fiscal year.
Jet rejigs ticket distribution, snaps ties with Amadeus
Debt-laden Jet Airways has ended its partnership with Amadeus, one of the largest global air ticket reservation data providers and a Global Distribution System (GDS) company.
Jet Airways rejigs ticket distribution, snaps ties with Amadeus
As a part of its cost-cutting and turnaround plan, Jet Airways has changed its ticket distribution strategy. The debt-laden airline has ended partnership with one of the largest global air ticket reservation data provider and Global Distribution System (GDS) company, Amadeus.
Sri Lanka to borrow USD one billion from China for highway project
Sri Lanka, which last year handed over a strategic port to a Chinese firm for a 99-year lease as a debt swap, will soon sign a USD 1 billion consessional loan agreement with Beijing to fund a major highway project linking Colombo to the hill resort of Kandy.
PW engine woes: IndiGo grounds A320 neo plane in Lucknow
IndiGo has grounded an A320 neo aircraft at Lucknow due to problem in the Pratt & Whitney engine, according to a source. The aircraft has been grounded for maintenance since January 31. P&W engine-powered A320 neos have been grappling with problems and aviation regulator
Construction equipment sector growth slows down to 10 per cent
IL&FS and its subsidiaries have defaulted on many debt instrumentsdue to insufficient funds