IndiGo on Sunday said it has appointed Gregg Saretsky as a special advisor and he will work closely with the executive leadership team to accelerate operational and commercial improvement opportunities at the airline. Saretsky joined the board of InterGlobe Aviation, the parent of IndiGo, as a non-executive director in October last year.
Category: Civil Aviation
DGCA lifts ban on Boeing 737 Max aircraft after two-and-half years
India’s aviation regulator DGCA on Thursday lifted the ban on Boeing 737 Max planes’ commercial flight operations after almost two-and-half years. On March 13, 2019, all Boeing 737 Max planes were grounded in India by the Directorate General of Civil Aviation (DGCA) after the crash of an Ethiopian Airlines 737 Max plane on March 10 […]
Air India moves High Court challenging order quashing decision to terminate pilots
Air India Wednesday approached the Delhi High Court challenging a single judge’s order quashing the national carrier’s decision to terminate services of pilots, both permanent and on contract, and directing their reinstatement. The appeals came up for hearing before a bench of Justices Rajiv Shakdher and Talwant Singh and have been listed for proceedings on […]
YIAPL achieves Rs 3,725-cr financial close for Noida International Airport
Yamuna International Airport (YIAPL), a 100% subsidiary of Zurich Airport International incorporated as a special purpose vehicle to develop the greenfield Noida International Airport, on Tuesday signed financing agreements with the State Bank of India (SBI) and Noida International Airport (NIAL), the Uttar Pradesh government’s nodal agency for the project, to achieve financial closure of […]
Airfares on key international flights connecting India rise amid high demand
Average economy-class fares on international flights operating on key routes connecting India have risen significantly during the last one month due to high demand, according to data from EaseMyTrip.com. The travel website’s data shows that average economy class fare on a flight heading from Delhi in India to Newark in the US increased from Rs […]
Akasa: Rakesh Jhunjhunwala-backed airline could lead churn in India’s aviation sector
Over a year since the outbreak of Covid-19 disrupted the sector, the Indian aviation industry is set to welcome two new players — the second incarnation of Jet Airways and Akasa, backed by Dalal Street ace Rakesh Jhunjhunwala. While both are still finalising detailed plans, their entry underscores the appetite for the Indian airlines segment […]
Noida Jewar Airport: Decks cleared, land for phase I handed over to concessionaire
Uttar Pradesh government’s joint venture company Noida International Airport (NIAL) and Yamuna International Airport (YIAPL), signed a licence memorandum here on Saturday, signalling the formal handover of land for Jewar airport from NIAL to the concessionaire, YIAPL. With this, decks have now been cleared for the financial closure, followed by a ground-breaking ceremony that is […]
Upcoming Noida International Airport’s architecture to have reflection of Indian heritage
Noida International Airport Project: Unimpressed by the proposed design of Jewar Airport, UP CM Yogi Adityanath has directed officials to ensure “reflection of Indian heritage” in the upcoming airport’s main terminal building. The directions from the CM came during a recent review meeting of the greenfield airport, according to sources quoted in a PTI report. […]
Azad Engineering to supply critical aviation components to Boeing
Azad Engineering, a city-based maker of supercritical rotating components used in the aerospace industry has won a contract from Boeing to manufacture and supply critical aviation components and parts, the company said on Monday. The company’s technology enhancements over the years, and a continuous culture of quality and industrial safety has made it a trusted […]
Financial bids for Air India likely to be received by September 15, says VK Singh
Financial bids for Air India are likely to be received from qualified interested bidders (QIBs) by September 15 this year, Minister of State for Civil Aviation V K Singh said on Thursday. The Centre had invited Expression of Interests (EoIs) for Air India on January 27, 2020. The last date of submission — after multiple […]
No likely impact of Cairn and Devas lawsuits on Air India disinvestment process: Govt
Air India is a separate corporate entity with its own management and board so there is “no likely impact” on its ongoing disinvestment process due to the lawsuits filed by Cairn Energy and Devas Multimedia in the US court, Minister of State for Civil Aviation VK Singh said on Thursday. Cairn Energy and Devas Multimedia, […]
Financial bids for Air India by September 15: Govt
Financial bids for the sale of the government’s entire stake in the state-owned carrier Air India are likely to be in by September 15, Parliament was informed on Thursday. The government also informed the House that Cairn Energy’s and Devas Multimedia’s lawsuits in the US District Court for Southern District of New York seeking declaratory […]