NEW DELHI: SpiceJet on Monday approved allotting 4.8 crore shares to nine aircraft lessors to reduce its dues by Rs 231 crore. The shares will be allotted at Rs 48 apiece — a premium of 54% over Monday closing price of Rs 31.12 on BSE. The cash-strapped airline has earlier also given equity to aircraft […]
Category: Civil Aviation
IndiGo flight returns to Bhubaneshwar over bird hit
MUMBAI: An IndiGo aircraft operating a flight from Bhubaneshwar to Delhi was diverted back to the airport of origin within minutes of take-off on Monday morning. The A321 aircraft (VT-IUO) operating the flight 6E2065 departed Bhubaneswar around 8 am and was scheduled to land in Delhi at 10.05 am. The aircraft climbed to about 4300 […]
Hundreds of flights cancelled in Hong Kong, China’s Guangdong as Typhoon Saola nears
HONG KONG: Hundreds of flights were cancelled in China’s Guangdong province and Hong Kong as Super Typhoon Saola moved closer to the mainland on Friday, forcing authorities to raise a strong storm advisory and closing businesses, schools and financial markets. Three tropical cyclones have formed in the northwest Pacific Ocean and South China Sea, with […]
‘Keshod airport handled 13,324 passengers in a year’
AHMEDABAD: An additional 205 acres of land are needed to accommodate A320 and B737 aircraft at Keshod airport, reported the Union Ministry of Civil Aviation. In the fiscal year 2022-2023, the airport handled 13,324 passengers and saw 361 aircraft movements. Keshod airport commenced operations in March 2022, and these statistics were provided in response to […]
14% flights departing from SVPI airport face delays
AHMEDABAD: Picture this: You sleep late, wake up early to get to the airport to catch a 6.30am flight and just when you reach the boarding gate you learn that the flight is delayed. Frustrating, isn’t it? Though not as frequent, a delay is likely for 14 of every 100 flights departing from the Sardar […]
Kolkata-Hyd IndiGo flight diverted to Blr
HYDERABAD: Passengers travelling on board a Kolkata-Hyderabad flight on Thursday had anxious moments when the pilot was unable to land the aircraft and diverted to Bengaluru. The IndiGo flight 6E 6528, which departed Kolkata at around 9pm on August 31, 2023, was scheduled to land in Hyderabad at 11pm but touched down at Bengaluru past […]
Karnataka govt in talks with private carriers to launch own airline
BENGALURU: The Karnataka government has initiated talks with some private airlines for suggestions to start its own airline. On completion of 100 days in office, industries and infrastructure development minister MB Patil on Friday said the government is considering owning an airline to improve regional air connectivity. The minister said he already received an offer […]
Mumbai: Airfares for Diwali skyrocket as demand surges but not supply
MUMBAI: Diwali is more than two months away, but airfares for travel on certain routes during the festival week have already soared. On Friday, the cheapest return fare available for travel from Mumbai on non-stop flights during the Diwali week to destinations such as Srinagar, Bagdogra and Patna was priced at Rs 35,000 and above. […]
ED arrests Naresh Goyal for laundering ₹539cr bank loan
Mumbai: The Enforcement Directorate (ED) late Friday arrested Jet Airways founder Naresh Goyal in a money-laundering case linked to a Rs 539-crore Canara Bank loan fraud being probed by the CBI. He was brought from Delhi to Mumbai on Friday and questioned for hours before he was placed under arrest as he was not cooperating […]
Airline industry to return to profitability in 2023: IATA
MUMBAI: After posting a historic loss of around USD 140 billion in 2020 due to the Covid pandemic, the global airline industry is expected to return to profitability in 2023 due to firm consumer demand, with the net profit expected to be USD 9.8 billion this year, said the International Air Transport Association (IATA) in […]
Why Akasa Air & Air India Express are sparring over poaching of pilots
Akasa Air and Air India Express, two low cost airlines, are embroiled in a dispute over pilot recruitment practices. Akasa Air, backed by the late investor Rakesh Jhunjhunwala, has sent legal notices to 19 pilots who joined Air India Express before completing a mandatory six-month notice period, according to an ET report. In response, Tata […]
Airport major GMR seeks opportunities in Greece, eyes Kalamata Airport
NEW DELHI: Infra major GMR Group on Friday said it “was actively looking for new investment opportunities in Greece”. The airport major is developing a greenfield airport at Crete in Greece in partnership with GEK TERNA and wants to expand its presence in the country which it sees as ‘gateway to Europe for Indians’, — […]