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Latest Articles in aviation

Jewar Airport: Land For Phase One Acquired, Villagers Clash With Officials

By transferring the final parcel of land to the Yamuna Expressway Authority, the Gautam Buddh Nagar administration has completed the acquisition process for the first phase of Jewar airport.

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IndiGo Q3 Net Profit Jumps 168% At Rs 496 Crore

The low-cost carrier clocked revenue from operations of Rs 9,932 crore for the quarter, marking an increase of 25.5 per cent against a 19.3 per cent increase in capacity compared to the same period last year.

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Air India Disinvestment: Government To Sell 100% Stake; Issues Bid Document

As part of the strategic disinvestment, Air India would also sell 100 per cent stake in low cost airline Air India Express and 50 per cent shareholding in joint venture AISATS.

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Keeping Airlines Afloat

The industry holds a lot of promise, given favourable conditions for growth. But just like the rest of the country, poor strategic decisions by the private sector and government are proving fatal for its survival.

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Grab, Razer, Airasia Exploring Bids For Malaysia Digital Bank Licence

Razer Fintech's CEO Lee Li Meng told Reuters the company had extensive operations in Malaysia in the digital payments space and would evaluate the digital banking opportunity.

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Five Flights Diverted Due To Bad Weather In Delhi

A dense layer of fog was witnessed on Barapullah flyover in Delhi and in parts of the NCR region.

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Easyjet Lifted By Tailwinds From Strong Demand And Thomas Cook's Demise

EasyJet said the failure of holiday company Thomas Cook last September lifted its revenue per seat by 1.5% in its first quarter - the three months to Dec. 31 - alongside a boost from "self-help" measures.

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Boeing Seeks To Borrow $10 Billion Or More Amid 737 MAX Crisis

Analysts estimate that Boeing has been losing around $1 billion a month because of the grounding. It reported an almost $3 billion negative free cash flow in the third quarter.

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Boeing Customer Air Lease Says 'Damaged' MAX Brand Should Be Dropped

"We've asked Boeing to get rid of that word MAX. I think that word MAX should go down in the history books as a bad name for an aircraft," Steven Udvar-Hazy.

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Air Safety Watchdog Extends Deadline For Indigo

IndiGo will replace at least one Pratt & Whitney engine on each affected plane with a modified one before March 31, the DGCA said.

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New Boeing chief executive takes over with 737 MAX crisis unresolved

Boeing has estimated costs of the MAX grounding at more than $9 billion to date and is expected to disclose significant additional costs during its fourth-quarter earnings release on Jan. 29.

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GMR Hyderabad Aerotropolis Forms JV With Hong Kong-Based ESR For Logistics And Industrial Park

ESR and GHAL have signed definitive agreements with an equity interest of 70 per cent and 30 per cent respectively in the special purpose vehicle called GMR Logistics Park Pvt Ltd.

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Asia Pacific Air Passenger Markets Report 3.4 Pc Growth: AAPA

International air cargo demand in freight tonne kilometre terms (FTK) fell by 1.9 per cent year-on-year as declines in new export orders affected international trade activity.

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Global Air Freight Demand Slips Down 1.1 Pc In November: IATA

"Demand for air cargo in November was down 1.1 per cent compared to the previous year," said IATA's Director General and CEO Alexandre de Juniac.

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Air India, Air India Express Flights Overflying Iran Temporarily Rerouted

The missile attacks also came hours after the funeral of Iranian commander Qassem Soleimani, whose killing in a US drone strike has intensified tensions in the region.

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