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Latest Articles in aviation sector

Jet Airways' Survival May Rest On Founder Goyal Leaving The Cockpit

"He was a visionary in his day but those days are behind us," said a senior aircraft financier who has done deals with Goyal. "This is the moment of truth for Naresh Goyal."

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Airbus Names New Finance And Operations Chiefs As Overhaul Continues

Airbus named Dominik Asam, the finance director of German chipmaker Infineon Technologies, as its next chief financial officer to replace fellow German Harald Wihelm, who already plans to step down next year

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Jet Airways Falls As Tata Sons Tamps Down Deal Speculation

Tata said on Friday it is only in preliminary talks with Jet Airways and has not made a proposal to acquire a stake in the debt-laden airline

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Aviation Minister Suresh Prabhu Orders Safety Audit Of All Airlines: TV

The aviation safety watchdog, Directorate General of Civil Aviation, has been asked to conduct the audit, the channel cited Suresh Prabhu as saying

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Jet Airways Surge As Tata Sons Deal Talks Inch Closer

The topic of acquiring Jet Airways will be discussed at the Tata Sons board meeting today and the members may approve starting due diligence on the deal, a source familiar with the matter told media sources

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Analysis: Tata Looks To Reclaim The Skies In Jet Stake Talks

Buying Jet, with its fleet of 124 aircraft, would return Tata to the forefront of Indian aviation in terms of size, almost 70 years after its first airline was nationalised, and six years after it re-entered the market with two joint ventures

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SpiceJet Posts Second Quarterly Loss On Higher Fuel Costs, Weak Rupee

Standalone net loss, which excludes results of units SpiceJet Merchandise and SpiceJet Technic, was 3.89 billion rupees ($53.90 million) in the quarter ended Sept. 30, compared with a profit of 1.05 billion rupees a year earlier

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Jet Airways Posts Third Quarterly Loss On Fuel Costs

Losses of Jet Airways came in at 12.97 billion rupees ($178.01 million) for the quarter ended Sept. 30, compared with a profit of 496.3 million rupees a year earlier

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37 Flights Delayed As Air India Ground Handling Staff Goes On Strike At Mumbai Airport

AIATSL, a wholly-owned subsidiary of Air India, provides ground handling services to Air India across airports in the country. It has about 5,000 employees, including those on contract

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AirAsia India Appoints Sunil Bhaskaran As CEO

Sunil Bhaskaran's appointment would be effective from November 15, AirAsia India said in a release

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Jet Airways Clears August Salaries Of Senior Staff; Says September Payments Will Be Delayed

As part of a staggered payment plan, Jet Airways was to clear the remaining 50 per cent of the August salary to its pilots, engineers and senior management on September 26

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Airports Owe Rs 970-Crore Security Dues To CISF

CISF Director General Rajesh Ranjan today said that while an amount of Rs. 880 crore is pending against JV airports or privately-run facilities, about Rs. 90 crore is due against airports operated by AAI

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Airlines And Airports Are Investing In Biometrics To Deliver A Seamless Passenger Journey

Over the next three years, 77 per cent of airports and 71 per cent airlines are planning major programs or R&D in biometric ID management, says a research report released by global IT provider SITA

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Fit For Maharajas

With most international airlines making their First Class cabins and service as luxurious as possible, today’s elite Indian can travel like a maharaja

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Civil Aviation Ministry Orders Safety Audit Of All Airlines, Airports

Amid recent incidents related to passengers' safety, Civil Aviation Minister Suresh Prabhu today ordered a safety audit of all scheduled airlines and airports

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