Indian aviation makes history as domestic airlines carry 5.05 lakh passengers in a single day
New Delhi/IBNS: Indian aviation on Sunday (Nov. 17) achieved a historic milestone, surpassing 5 lakh domestic passengers in a single day for the first time.
Air India announces major changes in senior management ahead of merger with Vistara
Mumbai: Air India Group has announced several senior management changes as it prepares for the merger of Air India and Vistara, effective November 12.
IndiGo co-founder Rakesh Gangwal appointed Chairman of Southwest Airlines
Billionaire and IndiGo co-founder Rakesh Gangwal has been appointed as the Chairman of Southwest Airlines, the U.S.-based carrier announced, media reports said.
Boeing US West Coast factory workers accept new contract, ending seven-week strike: Report
Mukilteo (US) : Boeing's factory workers on the U.S. West Coast agreed to a new contract on Monday, concluding a seven-week strike that had stalled jet production and worsened the financial situation for the struggling planemaker, Reuters reported.
Air India receives DGCA approval to modify aircraft interiors in-house
Gurugram: Tata Group-owned Air India has received the Design Organisation Approval (DOA) from the Directorate General of Civil Aviation (DGCA) designated as CAR 21 approval, the airline said in a press release.
IndiGo Ventures gets SEBI approval to launch Venture Capital Fund to invest in aviation startups
Gurugram: Budget carrier IndiGo Tuesday announced that its corporate venture capital fund, IndiGo Ventures, has received the Alternative Investment Fund approval from the Securities and Exchange Board of India (SEBI), according to an official statement.
Akasa Air partners with Rolls Royce for engine leasing deal
Mumbai: Akasa Air and Rolls-Royce & Partners Finance Engine Leasing (India) IFSC Pvt Ltd have entered into a partnership to provide a long-term sale and leaseback arrangement for two LEAP-1B engines, with deliveries scheduled for September and October 2024.
New Delhi: Troubled-airline SpiceJet deposited provident dues accumulated over the past 10 months, media reports said.
UP-based Shankha Air gets govt approval to operate
New Delhi: India's newest airline, Shankh Air, has received approval from the Civil Aviation Ministry, in a key step towards launching its operations, media reports said.
SpiceJet eyeing growth with aircraft ungrounding, fleet expansion, exclusive destinations: Report
New Delhi/IBNS: Indian low-cost airline SpiceJet, which is struggling with heavy financial dues, said on Friday (Sept 6) that it expects a 'promising growth' for its operations, helped by a likely ungrounding of aircraft, impending expansion of the aircraft fleet, exclusive access to regional destinations, and also access to international destinations.
UDAN round 5.3 reopens bidding for routes discontinued before 3-yr tenure
New Delhi: Air routes that were discontinued before the three-year tenure have been re-offered for bidding under UDAN Round 5.3, Minister of State for Civil Aviation Murlidhar Mohol informed Lok Sabha on Thursday.
Govt permits 100% FDI via automatic route for aircraft maintenance, repair and overhaul
New Delhi: In a major boost to the domestic MRO industry and to the aviation sector, the Centre has announced a uniform rate of 5% IGST on imports of parts components, testing equipment, tools and tool-kits of aircraft, irrespective of their HSN classification subject to specified conditions.
Gautam Adani-led Adani Group planning investment Vietnam's airports
Hanoi: Gautam Adani-led Adani Group is exploring investments in two airports in Vietnam, Reuters reported, citing a statement by the Vietnamese government on Wednesday.
IndiGo Q1FY25: Net profit drops 11.7% to Rs 27,288 million on increased expenses
Gurugram: IndiGo operator Interglobe Aviation reported an 11.7% drop in net profit in the first-quarter of FY25 to Rs 27,288 million against Rs 30,906 million with increased expenses overshadowing strong air travel demand.
SpiceJet's CFO Ashish Kumar resigns; Joyakesh Podder appointed Deputy CFO
Mumbai: SpiceJet announced on Tuesday that Chief Financial Officer Ashish Kumar will be departing the company to pursue other opportunities.