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Friday, March 29, 2024
TopicAviation

Topic: Aviation

Boost for aviation maintenance providers as sector grows. Revenue to triple by FY28, says CRISIL

The increase — from Rs 1,800 cr to around Rs 6,000 cr — will be driven by various factors like expansion of fleets & ongoing investment in airports, says CRISIL Ratings report.

Airbus deliveries up in May, removes order of 16 aircrafts for Go First

Airbus delivered 63 aircraft in May, up 34% from the same month last year, bringing its total for the year to 244 jets, the company said.

SpiceJet to partner with US-based FTAI Aviation to restore its fleet

The partnership with FTAI 'will reduce maintenance expense and minimize aircraft downtime, enhancing the airline's overall performance,' said SpiceJet in a statement.

India aviation watchdog puts jet repo request from Go First lessors on hold

By Aditya Kalra NEW DELHI (Reuters) - India's aviation watchdog has put on hold requests from lessors to repossess planes from airline Go First as the carrier's bankruptcy process imposes a freeze on

Govt plans to mandate use of 1% sustainable aviation fuel for domestic airlines by 2025

The initiative is introduced in a bid to cut emissions from the sector, since India does not have policies governing sustainable aviation fuel yet.

Global aviation body places India on watchlist after bankruptcy protection for Go First

The move by Aviation Working Group could raise leasing costs for Indian airlines and hurt lessors’ confidence just as the world’s third-largest domestic market faces record growth.

Go First crisis could drive up airfares, be ‘silver lining’ for rival airlines

As aviation stocks soar after Go First's 'surprise' decision to file for bankruptcy, experts say move expected to significantly benefit other players such as Indigo, SpiceJet & Air India.

SubscriberWrites: Aviation entrepreneurship is on the rise. Need to push for growth through incentives

It is time grassroot aviation entrepreneurs are provided the support they need through infrastructure and capital, writes Alok Anand.

Air India making global waves with Airbus, Boeing deals, unleashes nation’s aviation promise

Air India's estimated $80 billion deal is more than a big bang statement. To know its significance, just see what Biden and Macron have been saying about it.

Korean Air jet with 173 passengers overruns Philippines runway, no injuries reported

The jet flying from Seoul to Cebu tried landing twice in poor weather before it overran the runway. The airline has not had a fatal crash since 1997, based on the Aviation Safety Network.

On Camera

Congress attacks chief economic advisor over statement on unemployment, asks BJP govt to ‘vacate seat’

While releasing 'India Employment Report 2024', V Anantha Nageswaran said govt can't solve 'all social, economic challenges'. Congress leader Kharge says CEA protecting 'dear leader'.

Amid plans to lift AFSPA, Army starts joint training with Jammu & Kashmir Police

In an interview with Gulistan News this week, Union Home Minister Amit Shah said the government would leave law and order to J&K Police and slowly withdraw troops.

For BJP, Kejriwal is an idea whose time has come to be destroyed

The ‘idea’ Kejriwal's politics grew around was a no-holds-barred fight against corruption. That is the reason Modi govt has now tarred him and his entire party with the same paint.