Category: Civil Aviation

The Delhi High Court on Friday rejected Rakesh Gangwal’s plea for directions to his estranged partner Rahul Bhatia and his company, InterGlobe Enterprises (IGE), to call an extraordinary general meeting (EGM) to vote on a resolution for removal of restrictions on the transfer of shares within 30 days. This plea was based on the London […]

The court cases filed by aircraft lessors to recover their dues don’t assist anybody very much and all such disputes eventually end in settlements, SpiceJet CMD Ajay Singh said last week. SpiceJet employees are now being paid their full salaries on time and all issues related to their pays have been resolved, he told PTI […]

After the historic Air India privatisation, the government will now start work on monetising its four other subsidiaries, including Alliance Air, and over Rs 14,700 crore worth non-core assets like land and building, DIPAM Secretary Tuhin Kanta Pandey said. The government on October 8 had announced that salt-to-software conglomerate Tatas have won the bid to […]

Coming in the wake of the challenges posed by Covid-19, the 100-day plan announced by the civil aviation ministry recently is a part of the Centre’s agenda to tap the full potential of India’s aviation sector. Modernising and expanding airports, boosting the Udaan and the Krishi Udaan schemes, simplifying aircraft leasing, incentivising maintenance, repairs and […]

Commerce and Industry Minister Piyush Goyal on Saturday said the government has not taken any decision on Air India so far and the final winner will be selected through a well defined process. “I have been in Dubai since…day before and I don’t think there is any such decision that has happened at all. Of […]

Logistics services provider Blue Dart Express on Wednesday said it will increase its average shipment prices by 9.6 per cent from January 1 next year as part of the company’s annual price revision exercise. Blue Dart Express Ltd’s general price increase (GPI) will be effective from January 1, 2022. The average shipment price increase will […]

The government has begun evaluation of financial bids received from Tata Group and SpiceJet founder for the acquisition of Air India, sources said. With this, the privatisation process of the national flag carrier has moved to the next phase as the government looks to expeditiously conclude the deal.

The London Court of International Arbitration has given the final arbitration award in the matter related to the spat between IndiGo promoters, Rahul Bhatia and Rakesh Gangwal, and no directions have been issued to InterGlobe Aviation. InterGlobe Aviation is the parent of the country’s largest airline IndiGo. In a regulatory filing, InterGlobe Aviation said it […]

Union Civil Aviation Minister Jyotiraditya Scindia on Saturday said the privatisation process of Air India was underway and the technical aspects of the bids were being analysed before the financial bids are opened. He, however, refused to elaborate on the number of bids received for the debt-laden national carrier. “We have received technical bids and […]

Budget carrier SpiceJet, which had resorted to hourly-basis pay for pilots amid the pandemic, on Sunday said it has introduced a new “interim fixed salary system” for captains and first officers. The airline said not only will pilot salaries “increase significantly” under the new pay structure but those who fly more than the stipulated minimum […]

Sindhudurg Airport to open soon! From next month, travelling between Mumbai and the district of Sindhudurg in Maharashtra will get more convenient. The Sindhudurg airport is all set to be inaugurated on 9 October 2021. Besides, the airline- Alliance Air has announced to start flight services between Mumbai and Sindhudurg from the same day. According […]

Airbus is more and more confident now of achieving its goal of making hydrogen-powered zero-emission commercial aircraft by 2035 but various challenges such as finding the right fuel in the right quantity have to be resolved, said its CEO Guillaume Faury on Wednesday. Exactly one year back, Airbus had revealed concepts of new hydrogen-powered zero-emission […]