Page 3 - Aviation Industry

Delhi airport congestion: AAI asks DIAL to explain "deficiency in services"

Under the contract, AAI can penalise DIAL for not maintaining service quality standards

Unmanned check-in counters causing congestion at airports, says govt

Airlines ask passengers to arrive early to ensure 'smooth' security check

Aircraft engine maker P&W bosses fly to India to soothe customers' worries

Senior executives meet industry leaders and civil aviation secretary after slow delivery of engines

Kalrock Capital says raids on promoter will not impact Jet revival

'Florian confirms that neither Kalrock Capital Partners nor Jet Airways have any connection with these ongoing investigations, or the charges made thereunder'

2 in 3 travellers want pre-pandemic govt fare caps back as air-fares soar

A recent survey by LocalCircles reveals that soaring airfares have worried travellers and two out of three fliers want the government to bring back an upper and lower limit on air-fares

Air India leases six A320 neo aircraft from China Development Bank Aviation

Air India has leased a fleet of six Airbus A320 neo aircraft from CDB Aviation, a wholly owned Irish subsidiary of China Development Bank Financial Leasing Co Limited, to boost the Tata Group-owned company's transformation journey, a statement said on Wednesday. The leasing agreement was signed on the sidelines of the Airline Economics Growth Frontiers Asia Pacific 2022 conference, said the CDB Asia statement. CDB Aviation is among the first aircraft leasing companies to secure the placement of Air India's additional A320 neo aircraft under the recently announced multi-stage transformation plan since the purchase of the airline by Tata group, which aims to increase the carrier's fleet and help it boost both domestic and international operations. The aircraft will be delivered in the second half of 2023. This is an important agreement, which will help us to strengthen our fleet with state-of-the-art aircraft, Nipun Aggarwal, Chief Commercial Officer of Air India, said of the ...

Embraer says talks for manufacturing aircraft in India progressing well

Says it's looking at various partnering options for next-gen turboprop aircraft

Aeroflot to launch flight services to Goa from Moscow, starting Nov 2

Russian flag carrier Aeroflot on Monday said it is set to launch its flight services to Goa from Moscow, starting November 2. The airline currently operates its air services on the Moscow-Delhi-Moscow route twice-a-week with an Airbus A330 aircraft. Aeroflot will fly its Airbus A330 aircraft every Wednesday, Saturday and Sunday from Moscow to Goa, offering 268 seats in the business class and 28 in the economy, the statement said. Besides, the new services will also offer a weekly cargo capacity of 30 tons from India for Russia and the CIS countries, it added. "Goa is a popular tourist destination among Russians. We are starting our three-times-a-week flights on the Moscow-Goa-Moscow route. It marks the expansion of our Indian services in response to customer demand," said Korolev Oleg K, head of cargo at Aeroflot. Goa-Moscow route is another high-demand route between India and Russia. These flights will boost the recovering tourist market in both countries, said Delmos Aviation, w

J-K Police set to hire helicopter services for next 3 years; bids floated

Jammu and Kashmir Police has invited bids from registered aviation companies for renting helicopters to ensure faster mobility of its force, officials said on Sunday. Flight operations are required for carrying police officers and central armed paramilitary force (CAPF) officials in all sectors of J-K, as well as for other emergent purpose, they said. The police floated the tender on Saturday and sought bids from registered aviation companies having a fleet of minimum three airworthy light helicopters for its operations in Jammu and Kashmir on 'leave and licence' basis for a period of three years -- January 16, 2023 to January 16, 2026, officials said. Officials said the helicopters will be integrated in the 'disaster management plan (DMP)' and 'emergency response plan (ERP)' being prepared by the police. "All the helicopters at Srinagar and Jammu helipad will be integrated into the ERP," officials said. The operations will be carried out daily with least inconvenience to the poli

SpiceJet gets DGCA nod for wet leasing 5 planes; 2 aircraft operating

SpiceJet has received aviation regulator DGCA's approval for wet leasing five Boeing 737 Max planes for up to six months and the airline has already deployed two of the aircraft on different routes, according to sources. The approval for taking the planes on wet lease was given by the Directorate General of Civil Aviation (DGCA) earlier this month. The sources said the remaining three aircraft will be inducted into SpiceJet fleet in the coming weeks. There was no immediate comment from SpiceJet. The airline already has Boeing 737 Max planes in its fleet. To cater to rising demand in the winter schedule which begins from October 30, SpiceJet and IndiGo have received approval for their proposals to take planes on wet lease. Under wet lease arrangement, planes are leased along with operating crew and engineers. Generally, wet leasing of planes is allowed for short periods to tackle supply constraints and ensure that airfares do not surge significantly. IndiGo has received DGCA nod

DGCA removes 50% capacity cap on SpiceJet flights from October 30

The DGCA on Friday also approved Indian carriers' winter schedule. Indian carriers will operate 21,941 weekly flights, 1.55% less during the season compared to the previous winter season, it noted.

AI knows how much you're willing to pay for flights before you do

Armed with mountains of data, artificial intelligence is emerging as an important tool for airlines to find the ideal fares to charge passengers, helping them squeeze out as much revenue as possible

Indian airline Akasa Air ekes out 1% share of skies as IndiGo leads pack

Chief Executive Officer Vinay Dube has said Akasa is financially strong enough to place larger orders and expand its fleet to 72 aircraft within five years.

IndiGo flight to Arunachal soon as Donyi Polo Airport gets operation ready

The foundation stone of the Donyi Polo Airport was laid in 2019. Situated nearly 14 km south of the city centre, the airport will serve Itanagar

Hyderabad incident: DGCA orders engine inspection of SpiceJet 14 Q400 plane

On October 12, a SpiceJet Q400 plane with 86 passengers on board conducted an emergency landing in Hyderabad as smoke was detected in the cabin when it was mid-air

DGCA asks SpiceJet to get engine oil samples of entire Q400 fleet examined

Following a recent incident of smoke in a SpiceJet plane cabin, the aviation regulator DGCA has directed the airline to send the engine oil samples of the entire Q400 fleet consisting of 14 operational aircraft to Pratt & Whitney Canada to ascertain the presence of metal and carbon seat particles.

Adani aviation plan: A top airline may be shifted to Navi Mumbai airport

The commercial area at Mumbai airport is proposed to be increased from 28,000 square metres to 47,000 square metres

Policy must to ensure airlines maintain 4-6 months of cash reserves: CAPA

Indian airlines industry will continue to be sick unless there are policies in place to ensure that the operators have at least 4-6 months of cash kept in reserves for continuity of operations, according to global consultancy and aviation firm CAPA. CAPA said it estimates the domestic airline industry could post losses to the tune of USD 1.4-1.7 billion or more losses this fiscal. The two listed airlines, IndiGo and SpiceJet, have already reported losses of Rs 1,064.30 crore and Rs 789 crore, respectively, in the April-June quarter of the current fiscal. Financial fitness is a fundamental criterion of operating (globally)India is the only country where technically insolvent companies can expand, can continue to operate, Kapil Kaul, CEO for South Asia at CAPA, said at an industry event in Mumbai recently. He said going by the global practice, the airlines have to ensure that they have at least 4-6 months of cash reserves when no revenue is coming in while their air operator permits

FinMin modifies ECLGS; raises loan limit to Rs 1,500 cr for aviation sector

The finance ministry has modified the Emergency Credit Line Guarantee Scheme (ECLGS) by raising loan limit under the scheme to Rs 1,500 crore from Rs 400 crore to help the COVID-hit industry tide over liquidity stress. Recognising that an efficient and strong civil aviation sector is vital for the economic development of the country, the Department of Financial Services (DFS) has modified the ECLGS on Tuesday to enhance the maximum loan amount eligibility for airlines, an official statement issued on Wednesday said. As per the modified ECLGS 3.0, an airline would be eligible for "100 per cent of their fund based or non-fund-based loan outstanding as on the reference dates or Rs 1,500 crore, whichever is lower; and of the above, Rs 500 crore shall be considered, based on equity contribution by the owners." All other criteria terms and conditions parameters prescribed under the operational guidelines of the ECLGS on August 30, 2022, would be applicable as it is, it said. The ...

Air India's future market share depends on aviation sector's probabilities

Its aim for a third of the domestic market by 2027 is contingent on a host of factors, many of them outside its control