Category: Civil Aviation

The Jet Airways impasse has once again brought high aviation fuel prices into the limelight. Airlines have been lobbying hard to bring aviation turbine fuel (ATF) within the GST. High fuel price is a principal reason for Jet’s poor financial performance that led to founder Naresh Goyal’s resignation from the board on Monday and the […]

Boeing, which is due to release a software patch for an anti-stall system in the B737 MAX planes, has invited SpiceJet and other global airlines and regulators to meet it for a session on the steps taken before putting the planes back to commercial use. SpiceJet confirmed it has got the invite from Boeing. But […]

During flight simulations recreating the problems with the doomed Lion Air plane, pilots discovered that they had less than 40 seconds to override an automated system on Boeing’s new jets and avert disaster. The pilots tested a crisis situation similar to what investigators suspect went wrong in the Lion Air crash in Indonesia last fall. […]

Lenders led by the State Bank of India (SBI) expect a new investor for Jet Airways to be in place by the end of May or early June after Naresh Goyal stepped down from the airline’s board on Monday as part of a resolution plan designed to bring the airline out of a crisis. The […]

He used to work for his uncle. Now he runs India’s largest domestic airline — and is aiming even higher,” an article in The Guardian had written about Naresh Goyal in 2006. That year, The Sunday Times had ranked him the sixth richest Asian man in Britain. At 57, Goyal was then living in his […]

Jet Airways founder and chairman Naresh Goyal and his wife Anita stepped down from the board of the troubled, debt-laden airline after a meeting of its directors here on Monday approved a revised resolution plan. Goyal will cease to be chairman of the airline that he founded in 1993 as an air taxi operator before […]

Jet Airways founder and chairman Naresh Goyal and his wife Anita Goyal will resign from the board of the crisis-hit airline, according to a regulatory filing. The decision was taken at the airline’s board meeting held here on Monday. In a filing to the stock exchanges, Jet Airways said Naresh Goyal, Anita Goyal and Etihad […]

Boeing faced an unthinkable defection in the spring of 2011. American Airlines, an exclusive Boeing customer for more than a decade, was ready to place an order for hundreds of new, fuel-efficient jets from the world’s other major aircraft manufacturer, Airbus. The chief executive of American called Boeing’s leader, W. James McNerney Jr., to say […]

As the pilots of the doomed Boeing jets in Ethiopia and Indonesia fought to control their planes, they lacked two notable safety features in their cockpits. One reason: Boeing charged extra for them. For Boeing and other aircraft manufacturers, the practice of charging to upgrade a standard plane can be lucrative. Top airlines around the […]

The crisis at Jet Airways is showing no signs of receding with its pilots now approaching the Prime Minister for redressal even as rival Spice Jet is hovering over the grounded planes of the troubled carrier, which holds some plum landing slots at the Delhi airport. Jet on Friday suspended 13 more international routes till […]

Bankruptcy is the “last option” for Jet Airways, State Bank of India’s (SBI) chairman said on Wednesday, adding that it might still be possible to draft in a new investor to keep the airline flying. “We believe it is in everybody’s interest that Jet Airways continues to fly,” SBI chairman Rajnish Kumar told reporters after […]

GVK Power & Infrastructure on Friday said its step-down subsidiary, GVK Airport Holdings, will acquire 12 crore shares of Mumbai International Airport (MIAL) for Rs 924 crore from ACSA Global. After the completion of the deal to buy 10 per cent from ACSA, along with the earlier purchase of 13.5 per cent from Bidvest, GVK […]