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Thursday, October 31, 2024
TopicAviation sector

Topic: aviation sector

DGCA issues show cause notice to Air India following ‘repeated incidences’ of passenger discomfort

Action comes in wake of 20-hr delay in Delhi-San Francisco flight, during which passengers were kept seated inside aircraft for hours. Mumbai-San Francisco flight also saw delay on 24 May.

Indigo sees dramatic jump from losses to Rs 8,172.5 cr profit in FY24, plans business class offerings

Profit up by 106% from Rs 919.2 cr in Q4 last fiscal. New service to be available before end of this year.

Mission ISHAN, India’s push for ‘one nation, one airspace’, will benefit airlines & passengers alike

Unifying India's four airspace regions into one, controlled from Nagpur, is expected to make air traffic operations more efficient, safer and seamless, enabling it to handle more capacity.

Private investment in India rose in Q1 of FY24, but its benefits went mostly to firms abroad

New Delhi: While private sector investment picked up in the April-June quarter of this financial year, this was concentrated in the transport sector, especially aviation,...

Airbus orders in India increased sharply in June, more deliveries confirmed

Airbus officially booked orders for 500 jets from budget carrier IndiGo and 250 from Air India that were announced or finalised at last month's Paris Airshow.

IndiGo, Air India soar at Paris Air Show. But Indian aviation must stay grounded by reality

About 80% of the new aircraft orders at Paris Air Show were placed by two Indian airlines. But behind the optimistic outlook for India’s aviation market lies a concern.

Lessons from Go First crisis — setback temporary, but cash-guzzling sector unforgiving to airlines

Go First’s bankruptcy and SpiceJet's troubles highlight challenges faced by airlines in maintaining sustainable operations in India's highly competitive and cost-sensitive market.

India needs a law allowing lessors to repossess aircraft leased by defaulting airlines, says Boeing

Aviation giant's comments come at a time when Go Air, which filed for insolvency, has been provided protection against actions by lenders & lessors, raising concerns.

Go First customers, employees left in the lurch as flights remain grounded

Twitter handle of airline shows a flood of queries related to status of flights from 6 May onwards as well as refund process & timelines. Employees worried about their future.

SpiceJet to use emergency credit from govt for reviving 25 grounded planes

Budget carrier to draw funds from Emergency Credit Line Guarantee Scheme (ECLGS) scheme. It has already mobilised around Rs 400 crore for the purpose.

On Camera

Iran’s real fantasy is to take over Muslim world. Palestine is just a façade

Since 1979, Iran has used the Palestinian issue as a façade for its regional agenda to oppose American diplomacy, the Western world, and the existence of Israel.

Watch CutTheClutter: Flattening INR-USD rate, and debate on pros and cons of a ‘strong’ rupee

In Episode 1544 of CutTheClutter, Editor-in-Chief Shekhar Gupta looks at some top economists pointing to the pitfalls of ‘currency nationalism’ with data from 1991 to 2004.

All about Major Bob Khathing, whose daring expedition & diplomatic parleys secured Tawang for India

The decorated Naga officer from Manipur also served as envoy to Myanmar & Nagaland chief secy. Defence Minister Rajnath Singh inaugurated a museum dedicated to the Tawang hero Thursday.

From 2004 to 2024, bad news has come wrapped as good news for Congress

Congress is silently acknowledging it over-read verdict of last general election. You can see it in easy concession to SP. It will likely be more reasonable in Maharashtra & Jharkhand.