All India articles – Page 5
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India extends international flight ban through September
India has extended the pandemic-driven suspension of scheduled international flights into and out of the country through September.
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SpiceJet eyes 737 Max return in end-September
India’s SpiceJet expects to resume operations of the Boeing 737 Max by end-September, though it acknowledges that the ultimate decision rests with the country’s regulators.
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SpiceJet targets October completion of logistics unit divestment
India’s SpiceJet expects to complete the divestment of its logistics platform SpiceXpress by 1 October, paving the way for the latter to commence operations as a separate entity.
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India’s ‘Warren Buffett’ plans airline foray
Indian billionaire Rakesh Jhunjhunwala says he plans to start a new carrier called Akasa Air.
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Indian low-cost carrier Go First faces delay in IPO
Indian low-cost carrier Go First — formerly known as GoAir — hit a roadblock in its planned market listing, with the securities and exchange regulator temporarily halting the airline’s IPO.
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SpiceJet to raise Rs25 billion as loss-making streak continues
Indian low-cost carrier SpiceJet will raise Rs25 billion ($336 million) to beef up its war chest against the coronavirus pandemic, which has battered its profitability.
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India’s Alliance Air eyes growth after parent Air India divestment
Indian regional operator Alliance Air is looking to ink more codeshare agreements with other international carriers, as part of its growth strategy following the privatisation of its parent company Air India.
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Covid-19 charters to inform IndiGo’s future international plans
Indian low-cost carrier IndiGo will use knowledge gained through international charters during the coronavirus pandemic to help reboot its international network.
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Coronavirus hammers IndiGo earnings in 2021
Indian low-cost carrier IndiGo slumped to an operating loss of INR4.6 billion ($63 million) for its 2021 financial year, compared with an operating profit of INR56 billion a year earlier.
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Air Works marks ‘strategic shift’ with 3D printing partnership
Indian MRO Air Works has partnered with additive manufacturing and services provider Objectify Technologies to explore business opportunities in 3D printing solutions for the aerospace and defence industries.
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India domestic traffic continues decline in crisis-hit April
Indian carriers saw domestic passenger numbers decline again in April, as the country plunged into crisis amid a resurgent wave of coronavirus infections.
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IndiGo to introduce four A321P2Fs from early 2022
India low-cost carrier IndiGo plans to induct four Airbus A321P2Fs as it seeks to beef up its cargo fleet.
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Soaring Covid-19 cases hit Indian airline recovery
Rocketing coronavirus cases are hitting Indian airlines hard, with the much-watched daily average passenger metric one-third off a recent high seen in March.
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IndiGo, AFI KLM E&M renew A320 component MRO contract
Indian low-cost carrier IndiGo has extended a component support contract with European MRO Air France Industries KLM Engineering & Maintenance (AFI KLM E&M) for its Airbus A320 family aircraft. The multi-year contract covers more than 350 aircraft, and includes component MRO services, dedicated component pool access, as well as a ...
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SpiceJet signs MoU for financing of 50 aircraft
SpiceJet has signed a memorandum of understanding (MoU) with US investment firm Avenue Capital for the financing of 50 aircraft, including via sale-and-leasebacks.
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Civil aviation minister forecasts bleak 2020 results for Air India
Air India is forecast to widen its full-year net loss to Rs97.8 billion ($1.35 billion), even as the Indian government reiterated its support for the long-drawn divestment of the national carrier.
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Two forces create toxic mix for Indian airlines: IndiGo chief
IndiGo chief executive Ronojoy Dutta maintains that low fares and high taxes can be a fatal mix for airlines operating domestically in India.
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Grounded Jet Airways reports $391 million FY2019-20 loss
Jet Airways, the Indian carrier that has been grounded since April 2019, has posted a net loss of Rs28.4 billion ($391 million) for the 2019-20 fiscal year ended 31 March 2020.
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IndiGo appoints new CFO
India low-cost carrier IndiGo has appointed Jiten Chopra as its new chief financial officer, following the resignation of Aditya Pande.
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HAL Light Utility Helicopter achieves army IOC
The Hindustan Aeronautics (HAL) 3t Light Utility Helicopter (LUH) has achieved initial operational clearance (IOC) from the Indian army.