NEW DELHI: Banks are likely to infuse fresh funds into cash-strapped Jet Airways provided major shareholders of the airline, including Gulf carrier Etihad Airways, pledge their shares as collateral, sources said. With the airline unable to get fresh funds, the options are limited now, they added. The full-service carrier is grappling with acute financial woes […]
Category: Civil Aviation
Boeing 737 Max ban: Aviation ministry calls contingency plan meeting at 4 pm
NEW DELHI: The Civil Aviation Ministry will hold a meeting with airlines at 4 pm on Wednesday to prepare a contingency plan as a number of flights have been cancelled following the grounding of Boeing 737 Max 8 aircraft, a senior government official said. On Tuesday night, the Directorate General of Civil Aviation (DGCA) announced […]
SpiceJet cancels 14 flights for Wednesday as DGCA grounds Boeing 737 Max 8 aircraft
NEW DELHI: Following the grounding of Boeing 737 Max 8 aircraft by Indian aviation watchdog DGCA, SpiceJet Wednesday said it has cancelled 14 flights and will be operating additional flights from Thursday. The airline has around 12 such aircraft in its fleet. SpiceJet has presently announced the cancellation of 14 flights for today and will […]
2,000 passengers used heli-taxi service to Kempegowda International Airport in one year
BENGALURU: The heli-taxi services from Electronics City to Kempegowda International Airport has ferried around 2,000 passengers since its launch in March 2018. Kerala-based Thumby Aviation, which launched the service, said the helicopter taxi is most popular among corporate professionals. The company also started out-station services four to five months ago from Bengaluru to Coorg, Chikkamagaluru, […]
Boeing 737 MAX won’t fly in US too, fares soar at home as grounding reality sinks in
NEW DELHI: In a big blow to the world’s biggest planemaker, US President Donald Trump on Wednesday announced a plan to ground all Boeing 737 MAX aircraft. “We’re going to be issuing an emergency order of prohibition regarding all flights of the 737 MAX 8 and 737 MAX 9,” Trump told reporters the White House […]
Thiruvananthapuram Corporation, AAI to conduct survey to provide NOC
THIRUVANANTHAPURAM: The City Corporation’s new proposal has come as a sigh of relief for the Pradhan Mantri Awas Yojana (PMAY) beneficiaries whose plots fall in the red zone. A survey will be conducted on a cost-sharing basis by the Corporation in association with the Airport Authority of India (AAI) in order to provide the PMAY […]
IndiGo shares rise, SpiceJet stocks drop
MUMBAI: Share prices of IndiGo rose to an intraday high of Rs 1,325, the highest level since May last year before it closed at Rs 1,301.45, up 2.11 per cent over previous closing. IndiGo had recently launched a three-day Holi ticket offer, and an inaugural flight to Istanbul, its 16th international destination. Though IndiGo has […]
VVIP chopper case: Delhi court seeks Tihar’s reply on ED’s plea to question Christian Michel in jail
NEW DELHI: A Delhi court Monday sought a response from Tihar Jail authorities on the Enforcement Directorate’s plea to interrogate Christian Michel, who was arrested in the AgustaWestland chopper case, inside the prison. The jail authority has been asked to submit its response by Tuesday. Special Judge Arvind Kumar also issued a production warrant for […]
DGCA to seek info on B737 MAX planes from Boeing, Jet Airways, SpiceJet post Ethiopian crash
NEW DELHI: Aviation regulator DGCA will seek information from Boeing as well as Jet Airways and SpiceJet operating Boeing 737 MAX aircraft in the wake of plane crash in Ethiopia, according to senior official. As many as 149 passengers, including Indians, were killed when a Boeing 737 MAX plane operated by Ethiopian Airlines crashed soon […]
DGCA decides to keep Boeing 737s in the air, issues additional safety instructions
NEW DELHI: The Directorate General of Civil Aviation (DGCA) on Monday said that it had found “no significant concern” from its review of Boeing 737 MAX 8 aircraft plying with Indian airlines, but issued several supplementary safety conditions which airlines have to meet to continue operating the aircraft. The DGCA’s circular comes in the wake […]
Celebi Ground Handling completes one year at CIAL; announces expansion
KOCHI: Celebi Ground Handling, Turkey’s first privately-owned ground handling services company, which recently completed one year of operations at the Cochin International Airport Ltd (CIAL), has announced an expansion in Nedumbassery airport, which would see an increase of its staff strength by 20 per cent from the current 700 people. Celebi handles three flights of […]
Naresh Goyal seeks Rs 750-crore lifeline from Etihad, warns delay may ground Jet Airways
MUMBAI: Jet Airways chairman Naresh Goyal has sought urgent funding of Rs 750 crore from its equity partner Etihad, citing “the very precarious” position of the airline following the lingering cash flow issues which got amplified after the forced grounding of over 50 of its planes. In a letter to the Gulf-based carrier’s group chief […]