Arun Nayal

Airport modernisation: New model raises hopes of a take-off

More than 12 years after the Delhi and Mumbai airports were privatised, the facilities at Lucknow, Jaipur, Ahmedabad, Mangaluru, Trivandrum and Guwahati would be going under the hammer in the coming weeks, a move that has bee

Infrastructure News

Flight delayed: Despite ministry nod, drones yet to take off due to security concerns

Drones are yet to take off in the domestic skies due to security concerns more than a month after their use was made legal by the ministry of civil aviation.

drones, aviation sector, aviation industry News

Jet Airways defers delivery of six Boeing aircraft

Jet Airways has deferred deliveries of six Boeing 737 max aircraft due to non-payment to its lessors, sources in the airline said on Wednesday. The full-service carrier had placed an order for 75 Boeing 737 max aircraft in Ju

jet airways, sbi, boeing News

No deal on Jet Airways, says Qatar Airways

Qatar Airways CEO Akbar al-Baker on Tuesday said that the company will not buy a stake in the cash-strapped Jet Airways as a 24% stake in the airline is held by Etihad Airways, whose owner Abu Dhabi is an “enemy” of Qatar

qatar airways, jet airways, aviation sector, aviation industry News

Jet Airways crisis to be resolved in a month, says Boeing

Aircraft maker Boeing expects the current crisis at Jet Airways to be resolved in a month’s time. Dinesh Keskar, senior V-P (sales), Asia-Pacific and India, said on Tuesday that things are moving in the right direction for

jet airways, avition sector, aviation industry News

Modi govt to chart out strategy for aircraft manufacturing

The Centre would soon chart out a strategy for the domestic manufacturing of aircraft along with promoting aircraft financing from within the country, civil aviation minister Suresh Prabhu said on Tuesday.

Airlines/Aviation News

Regional connectivity under UDAN: Guwahati likely to be first city to start global operations

After more than one-and-a-half years of plying on domestic routes, the low-cost, regional connectivity scheme, or UDAN, is set to go international from March this year.

Industry News

SpiceJet suspends flights on Chennai-Hubli route due to lack of commercial viability

The fierce competition among domestic carriers may have started to take a toll on the government’s regional connectivity scheme (RCS) with SpiceJet suspending operations on one of its southern routes owing to lack of commer

Industry News

Zoom Air likely to restart operations in January

Gurgaon-based Zoom Air, which has been grounded since July, is likely to restart operations from next month after the aviation regulator renewed the carrier’s flying permit which had been held back over safety concerns.

Industry News

Air India net loss falls 17.6% to Rs 5,337 crore in FY18

After a failed attempt to privatise Air India earlier in the year, the government is working on a new model to change Maharaja’s fortunes.

Industry News

We want to position ourselves as a premium brand, says Satish Sharma of Apollo Tyres

Apollo Tyres is focusing on metros for car tyres and rural markets for commercial vehicles to achieve its leadership goal in the domestic market by 2020-21. Satish Sharma, president (Asia Pacific, Middle East and Africa) exp

apollo tyres, apollotyres news, news news today, news update News

Pie in the sky: Vistara’s overseas plans in trouble as Air Asia probe drags on

Vistara, which began operations in January, 2015 got its 20th aircraft in April and currently has 22 aircraft in its fleet so it can begin services to two overseas destinations.

Airlines/Aviation News

Max India promoters decide not to convert warrants into shares

Shelve plan to convert 19.3 million warrants into shares for approximately Rs 300 crore over current low price of the stock.

Industry News

Fly like Maharaja: Flyers can now bid for Air India business class

Air India last reported loss stood at Rs 5,765 crore for the year ended March 2017. The government has infused closed to Rs 2,000 crore into the airline so far this fiscal.

India News

Big turbulence: IndiGo lone survivor as aviation sector suffers huge losses

Jet Airways and its low-cost subsidiary JetLite commanded a share of 14.9% and national carrier Air India had 12.2%.

Industry News

Mounting liabilities: Government to repay Air India’s Rs 12,000 crore debt

Despite fiscal constraints, the Centre is likely to provide Rs 12,200 crore from the Budget — half of it this fiscal and the balance in the next year — to retire 40% of the Rs 30,000-crore working capital debt of Air Indi

Industry News

Wings clipped: AAI cancels 84 licenses of Air Odisha, Deccan Charters

Air Odisha and Deccan Charters were allotted the routes in March 2017 and scheduled to start operations within six months or by September 2017.

Industry News

SpiceJet turnaround comes apart as oil prices rise

While SpiceJet’s managing director Ajay Singh has been credited with turning around SpiceJet, which he took over from the Marans in January 2015, the September quarter has been one of the worst for the low-cost carrier.

spicejet, aviation sector, aviation industry News

lnterview: ‘We look to bring new energy to middle-weight bike segment,’ says YS Guleria, senior VP, sales and marketing, HMSI

Japanese auto major Honda Motorcycle and Scooter India (HMSI) unveiled two mid-weight sports bike segment at the Milan Motor Show — EICMA.

honda, honda motorcycle News

No festive cheer for Auto industry as car sales crawl, PV sales crash to very low single digits

The Maruti Suzuki chairman had said last week there were few signs of festivity in the car market. Indeed, sales of cars in October reflected little festive cheer with the growth in passenger vehicles skidding to very low sin

Passenger vehicle sales, gst rollout, Domestic PV sales, SIAM, Hero MotoCorp, honda two wheelers, Bajaj Auto, gst News

Mayday! Air India’s market share crashes to lowest ever

Air India's market share plunged to an all-time low of 11.8% in September even as the government-owned carrier grapples with a financial crunch, reports Arun Nayal in New Delhi.

Air India,  Air India market share, IndiGo, bankrupt Air India, National Savings Funds News

At Rs 1 lakh crore, India’s used car market could be more than half of new car market – what’s attracting buyers here

At more than Rs 1 lakh crore in 2018-19, business in the used-car market could be more than half that done in the new car market.

cars, automobile sector, automobile industry News

Car discounts galore! Dealers offer big savings to car buyers to push sales in festive season

Car buyers may enjoy huge car discounts as car makers look to shift gears in the festive season after having been pretty much in the slow lane so far this year.

Industry News

Bad news for riders. Bikes, scooters to cost more. Here’s what will drive prices up

Sales of two-wheelers in the home market grew 15% in 2017-18 but the pace moderated to 11% y-o-y in the first five months to August.

Industry News

New Air India turnaround plan; it’s massive debt of Rs 33,000 cr to move to an SPV. Details here

The airline's losses may shoot up in FY19 as aviation fuel costs have gone up by 35% year-on-year in the past one year.

Industry News

PM Narendra Modi inaugurates Uttarakhand investors’ summit, says India to aid global development

The Uttarakhand government has identified 12 focus areas to attract investment.

Economy News

Forget fare hike! Airfares have actually gone down on metro routes; here’s why

While air passenger traffic has grown smartly over the past year, airlines have not been able to raise fares. That’s because they have added too much capacity; analysts say the sweet deals on aircraft purchases that carrier

Airlines/Aviation News
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