MUMBAI: Japanese lender SMBC on Wednesday said the Tata Group-owned Air India has borrowed USD 120 million from it for purchasing a wide-body aircraft from Airbus. The transaction has partly financed Air India’s purchase of an A350-900 aircraft from Airbus, which was delivered in October 2023, according to an official statement. SMBC said this is […]
Category: Civil Aviation
In a 1st, IndiGo hits 10 crore annual flyers milestone
NEW DELHI: IndiGo has become the first Indian carrier to cross the 10-crore passenger mark in a calendar year. This feat was achieved when a passenger, Ritesh Banglani, checked in for 6E-6118 Delhi-Bengaluru flight on Monday. IndiGo had earlier become the first desi airline to cross Rs 1-lakh-crore in market capitalisation and to have over […]
SpiceJet, 2 foreign companies show interest in GoAir
NEW DELHI: In a surprise move, SpiceJet and two foreign entities – Sharjah-based aviation company Sky One and Africa-focussed Safrik Investments – have shown interest in grounded GoAir. The troubled airline had not received a financial bid from Jindal Power, whose was the sole eligible EoI (expression of interest), on the last date to do […]
First for desi airlines: IndiGo flies more than 10 crore passengers in a calendar year
NEW DELHI: IndiGo’s record-breaking spree continues unabated. The Rahul Bhatia-founded low cost carrier has become the first Indian carrier to cross the 10-crore passenger mark in a calendar year. This feat was achieved when a passenger, Ritesh Banglani, checked in for 6E-6118 Delhi-Bengaluru flight on Monday. IndiGo had earlier become the first desi airline to […]
LATAM Airlines expects record earnings, boosted traffic in 2024
MEXICO CITY: LATAM Airlines projected on Thursday record earnings for next year of between $2.6 billion and $2.9 billion as passenger numbers grow and it reduces its debt load after coming out of bankruptcy last year. The expected record earnings, measured in adjusted earnings before interest, taxes, depreciation, amortization, and restructuring or rent costs (EBITDAR), […]
One grounded airline plans to fly again, in January with Ayodhya flights
NEW DELHI: Jet Airways and GoAir may not have revived but a regional airline that stopped flying almost four years back — Zoom — now hopes to be back in the air next month. Now called Zooom, the airline has applied for slots to fly Delhi-Ayodhya-Lucknow-Ayodhya-Delhi route from first week of January using Bombardier CRJs, […]
DGCA grants Air India approval for A350 engineering maintenance
MUMBAI: Air India has received approval from the Directorate General of Civil Aviation (DGCA) for engineering line maintenance of A350 and A320 aircraft, the airline said on Friday. Air India’s first A350 is expected to be delivered by the month end and five more are set to join its fleet soon. The DGCA approval is […]
Spanish airline Volotea to increase fleet to 45 jetliners in 2024
MADRID: Spanish low-cost airline Volotea plans to increase its fleet to 45 commercial aircraft next year up from 41 now as it plans to expand its short- and medium- haul route network, a spokesperson said on Wednesday. The company, which mainly connects mid-sized cities in Europe and northern Africa, currently operates a fleet of A319 […]
IndiGo to link Ayodhya with Delhi & Ahmedabad before Shri Ram temple inauguration
NEW DELHI: IndiGo will be the first airline to operate flights at the soon to open Ayodhya Airport. The budget carrier will start direct flights between Ayodhya and Delhi from January 6; and Ayodhya and Ahmedabad five days later. Other airlines are also going to have flights to the holy city that is all set […]
IndiGo strengthens connectivity to Thailand
PUNE: IndiGo has announced the addition of flights between Mumbai and Phuket and the resumption of operations between Bengaluru and Phuket, airline officials said. The addition of these flights will further enhance connectivity between India and Thailand. Given the immense popularity of Thailand as a preferred destination among Indians, IndiGo is introducing additional flights between […]
SpiceJet gets Rs 2,250 crore fresh lifeline
NEW DELHI: Struggling-to-survive SpiceJet has finally got a fresh lifeline of over Rs 2,250 crore from new investors such as Elara India Opportunities Fund, Aries Opportunities Fund, Nexus Global Fund and Prabhudas Lilladher. The move is expected to help ease the financialstress on Ajay Singh-promoted low-cost carrier, which has been unable to pay employees or […]
Air India unveils Manish Malhotra-designed new uniforms for cabin & cockpit crew
Air India has today revealed its new collection of uniforms for its cabin and cockpit crew. Renowned Indian fashion designer, Manish Malhotra, has designed these uniforms in his Mumbai studio. The new uniforms showcase a variety of colors and timeless designs, blending India’s rich heritage with contemporary style, elegance, and comfort, as stated by the […]