Joshua Dean, who worked with Boeing supplier Spirit AeroSystems, a whistleblower raising concerns about the company ignoring the manufacturing defects on the 737 MAX passed away on Tuesday, US-based Seattle Times claimed. Dean passed away after a “struggle with a sudden, fast-spreading infection,” the report claimed.
Category: Civil Aviation
InterGlobe shares gain 2.05% as Sensex rises
Shares of InterGlobe Aviation Ltd. traded 2.05 per cent up at Rs 4063.6 at 12:38PM (IST) on Thursday, even as BSE benchmark Sensex gained 257.61 points to 74740.39. The stock had settled at Rs 3981.7 in the previous session. The stock quoted a 52-week high and 52-week low of Rs 4082.7 and Rs 2016.05, respectively.
IndiGo shares climb 3% on order for wide-body aircraft; Kotak raises target price
Shares of InterGlobe Aviation, which runs IndiGo Airlines, rose 3% to an all-time high of Rs 4,098.45 on BSE in Thursday’s trade after the company placed an order for 30 Firm A350-900 aircraft. Meanwhile, domestic brokerage Kotak Institutional Equities increased the target price of IndiGo to Rs 4,700, signalling an upside potential of 15.5%. “IndiGo’s […]
Air India’s Airbus A350 marks International debut
New Delhi: Air India has launched flights on the Delhi-Dubai route with its new Airbus A350-900 aircraft according to a statement by Air India. The launch of flight on this route marks the international debut of Air India’s recently acquired aircrafts, making it the sole carrier to operate the A350 between India and Dubai.
Go First planes need engines, spare parts; lessors to take longer to fly them out of India
Lessors are likely to take a longer time to fly the Go First’s deregistered 54 planes out of the country as the majority of the planes require engine and spare parts, according to industry experts. Out of the 54 planes, around 24 that were in a flying condition when the airline stopped operations last May […]
IndiGo announces bonus for its employees
IndiGo, India’s largest airline, has announced a bonus for its employees as it is expected that the airline will return to a full year profit in FY 24. The bonus paid will be equal to one and half month salary of employees. The airline last registered an annual profit in FY 19 after which Covid […]
Section of AI Express staff flag concerns, allege mismanagement at airline
A grouping of Air India Express cabin crew has alleged that the airline is being mismanaged and there is a lack of equality in the treatment of the staff. The airline is part of the Tata Group and is in the process of merging AIX Connect (formerly AirAsia India with itself). Air India Express Employees […]
India among top 5 developing countries in aviation emissions in 2019, study finds
New Delhi: In 2019, India was among the top five economically developing countries in terms of carbon dioxide (CO2) emissions from aviation, a new research has found. Calculating “nearly real-time” aviation emissions using global flight data, researchers found that overall, the US, China and Great Britain were the topmost contributors, with 22 per cent, 14 […]
Vistara flight makes emergency landing at Bhubaneswar airport, passengers safe
A flight from Bhubaneswar to New Delhi returned minutes after take-off and made an emergency landing after the aircraft was caught in a hailstorm and suffered damage on Wednesday, an official said. The 169 passengers and crew on board are safe. The New Delhi-bound Vistara flight landed back at the Biju Patnaik International Airport (BPIA) […]
Pay Rs 50 cr to engine lessors or face grounding: Delhi High Court’s ‘one last opportunity’ to SpiceJet
The Delhi High Court on Wednesday gave “one last opportunity” to ailing SpiceJet to pay Rs 50 crore to its engine lessors, Team France and Sunbird France, failing which its two engines would be grounded. Justice Pratibha Singh asked the Spicejet counsel to get instruction by Friday on the reasonable time period within which the […]
Lessors to repossess all 54 Go First aircraft as DGCA deregisters them
New Delhi: In a relief to aircraft leasing companies, the civil aviation regulator has deregistered all 54 aircraft of Go First, 364 days after the Wadia-owned airline had filed for bankruptcy, allowing the lessors to repossess their aircraft. The Delhi High Court had on April 26 directed the Directorate General of Civil Aviation (DGCA) to […]
IndiGo gets tax demand related to input tax credit
IndiGo has received a tax demand following the rejection of an input tax credit that was availed by the company in 2018-19. In a regulatory filing on Wednesday, the company said it has received a “demand of Rs 31,240, including tax of Rs 21,240 and penalty of Rs 10,000 for the FY 2018-19”. The demand […]