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Latest Articles in Aviation

Air India Paid 'Avoidable' Rs 43.85 Cr Penalty For Non-compliance With Contractual Timelines: CAG

The Comptroller and Auditor General (CAG) has mentioned about the penalty in a report tabled in Parliament on Tuesday wherein it said that "avoidable payment of penalty due to delay in return of removed components" was made by Air India

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Indigo Serious About Growing Cargo Business: CCO

A similar co-branded credit card was launched by the airline, in partnership with the HDFC Bank and MasterCard, in February 2020.

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IndiGo Loader Falls Asleep In Cargo Compartment Of Mumbai-Abu Dhabi Flight

After the loading of baggage in the aircraft, one of the loaders of the private carrier fell asleep behind the baggage in the cargo compartment on Sunday's flight

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25 AAI Airports Earmarked for Asset Monetization under National Monetization Pipeline

AAI has also identified 13 airports for operations, management and development of the airports through PPP mode

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India's Airlines Incurred Loss Of Rs 19,564 Cr In 2020-21: Govt

Due to the outbreak of COVID-19, scheduled domestic flights were suspended in India from March 25, 2020 to May 24, 2020.

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Jet Airways In Talks With Boeing, Airbus For Order Worth $12 Billion: Report

Jet Airways is in talks with plane makers Boeing Co and Airbus SE for an order worth $12 billion, BloombergQuint reported

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Govt Decides Not To Resume Scheduled International Flights From Dec 15

The latest move also comes after Prime Minister Narendra Modi on November 27 asked officials to review the plans for easing international travel restrictions amid concerns over Omicron

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Domestic Air Passenger Traffic Rises 67% To Around 8.8 mn In Oct: ICRA

The growth in domestic passenger traffic, on a sequential basis, was nearly 24-25 per cent higher compared to 71 lakh, as per ICRA.

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Vistara Airlines Starts Non-stop Flight Services To Paris From Delhi

The airline operated its inaugural direct flight to Charles de Gaulle Airport, Paris from Delhi's Indira Gandhi International Airport on Sunday.

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SpiceJet Allows Passengers To Pay For Tickets In 3, 6, Or 12 Instalments

To avail the EMI scheme, passengers need to provide basic details like PAN number, Aadhar number or VID and verify it with a one-time password

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Govt Signs Share Purchase Agreement With Tata Sons For Rs 18,000-cr AI Deal

The deal also includes the sale of Air India Express and ground handling arm AISATS.

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IndiGo Sees Tata As 'Formidable Competition' After Air India Deal

Tata also owns a majority stake in Vistara, a premium joint venture with Singapore Airlines Ltd (SIAL.SI), as well as budget airline AirAsia India.

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Rakesh Jhunjhunwala's Akasa Air Gets Govt Nod, Aims To Fly From Next Year

The approval comes at a time when the country's aviation industry is reeling from the impact of the COVID-19 pandemic, with airlines losing billions of dollars, but the sector's long-term prospect makes the country a hot market for plane makers Boeing and Airbus.

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Tata Sons Said To Win Air India Bid As DIPAM States 'Official Approval Pending'

It is all but confirmed that the highest bidder, Tata Sons, is all set to win the financial bid in Air India disinvesment. However, the Department of Investment & Public Asset Management has cautioned that government's final decision is still awaited.

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Tata, Ajay Singh Submit Bid For Air India

The bidding process for the sale of Air India is moving towards conclusion as its known now that Tata Sons and SpiceJet promoter Ajay Singh submitted their respective bids for the Air India sale on Wednesday.

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