Aviation Industry News
Meet Campbell Wilson: Air India's new CEO and MD is an aviation industry veteran
Wilson, 50, has 26 years of aviation industry expertise across both full service and low-cost airlines
Air India returns to the Tatas; conglomerate bids Rs 18,000 crore for 100% shares
The Department of Investment and Public Asset Management (DIPAM) secretary said Tatas' bid of Rs 18,000 crore comprises taking over of Rs 15,300 crore of debt and paying the rest in cash
Chidambaram slams Centre over state of economy, says telecom and aviation sectors on 'verge of collapse'
The former finance minister's remark comes a day after telecom company Bharti Airtel posted a net loss of Rs 15,933 cr in the first quarter of FY 2020-21
Boeing says will need to borrow more money on coronavirus fallout; trying to get back 737 MAX jets into service
Boeing is trying to bring its 737 MAX jet back into service after two fatal crashes, even as the aviation industry slumps because of the coronavirus, which has dried up demand for passenger air travel.
SpiceJet temporarily suspends most international flights till April-end amid coronavirus pandemic scare
SpiceJet's Kolkata-Dhaka flight would continue to operate as per schedule.
Airlines expected to outlive COVID-19 pandemic scare with resized business; govt support vital to see through turbulence
Globally, airlines have focused on becoming bigger to ensure their customers don’t have to look elsewhere for their travel needs.
Fighting coronavirus: Airlines ask crew to avoid meat, shaking hands; airports install thermal cameras
Even as airlines around the world depend on the hardest disinfectants to clean their flights of any sign of the coronavirus or COVID-19, the aviation industry in India too has geared up to limit the damage from the epidemic
AirAsia CEO Tony Fernandes and chairman step aside as Airbus bribery allegations probed; airline shares drop
Tony Fernandes, one of the aviation industry’s best known executives, and Kamarudin will remain advisers, however, “in view of the current difficult economic circumstances facing the airline industry”, the company added
After challenging year for aviation, improvement expected for 2020; global airline industry to produce net profit of $29.3 bn: IATA
The highlights of the expected 2020 performance of the world airline industry include the return on the invested capital forecast to be 6 percent as compared to 5.7% expected in 2019.
Jet Airways failure a 'wake up call' for aviation industry; part of blame at doorstep of policymakers: SpiceJet chief Ajay Singh
Low-cost carrier SpiceJet is expanding its operations and is set to take on lease 30 planes that were flown by Jet Airways
IndiGo sees significant flight disruptions, cancels 32 planes on Monday; says Thursday's hailstorm upsets operations
In a statement, IndiGo said that due to a severe hailstorm in North India on 7 February, 11 IndiGo flights were diverted and that disrupted operations across its network the following day.
Airline stocks fly high, gain up to over 7% after government cuts excise duty on jet fuel
Shares of InterGlobe Aviation (IndiGo) zoomed 7.44 percent, Jet Airways soared 4.70 percent and SpiceJet 4.69 percent on BSE.
Relief to aviation industry: Government cuts excise duty on jet fuel to 11% from today
The aviation industry has been seeking lower taxes to help offset the impact of high oil prices.
Optimistic about aviation industry despite rising fuel prices, higher tax regime: Jet Airways boss Naresh Goyal
Jet Airways reported a consolidated loss of Rs 636.45 crore in FY18 despite around five percent increase in revenue due to increased costs.
IndiGo, GoAir cancellations: Hiking airfares at times of adversity is exploitation; govt must regulate prices
When the nexus between an adverse event — currently the grounding of IndiGo and GoAir flights by DGCA — and the price hike of plane tickets is obvious, airlines cannot seek refuge in it being a seller’s market
IATA partners with civil aviation ministry to enhance human resource availability in India's airline industry
IATA said it has signed a MoU with Ministry of Civil Aviation to enhance human resource availability in India's aviation industry
UDAN scheme for cheaper flights, more regional routes power India's civil aviation sector in 2017
Apart from enhanced aviation services to non-metro cities, the sector has also benefited from the rise in domestic disposable income levels
German military's aviation safety chief launches new initiative against cyber threats
German military's aviation safety chief has launched a new initiative against cyber threat, citing research showing hackers commandeeing military airplanes.
IndiGo alleges faulty system to calculate flight punctuality as domestic airlines fight over on-time performance
For the last few months, market leader IndiGo has seen its OTP suffer at Mumbai, prompting the airline to lodge a complaint against the way OTP data were being compiled by the Mumbai airport operator.
Emirates flight EK521 crash: Why passengers think about bags, not lives in emergency
That the cabin crew of this Emirates flight showed exemplary professionalism is not in doubt.