Arun Nayal

Articles By Arun Nayal

111 Articles

Jet Airways crisis: More groundings as bank funds not in yet

The airline is left with only 15 aircraft on domestic routes; its eligibility to fly international will be examined.

Industry News

GVK moves court to stop Budvest from selling stake in Mumbai Airport

Though GVKAHL is confident about acquiring ACSA’s stake, Bidvest has been in talks with infrastructure major Adani Group for sale. GVK had urged the court to prevent Bidvest from creating third-party rights on its 162 milli

Industry News

Trujet’s focus this year is to complete Udan commitments, says CEO LSN Murthy | INTERVIEW

It becomes a cost issue as well due to higher payout to expats. We are looking to train in-house pilots to reduce dependence on foreigners.

Industry News

Jet Airways back from the brink, to operate 215 daily flights in April

The lenders will invite expression of interest for bids by April 9 and the deadline for binding bids will be April 30, while a new investor is expected to be on board by May 31.

Industry News

Air fares jump 25 per cent on key routes — check details here

Around 20% of the total fleet of top-5 domestic carriers has been grounded.

Air fares jump 25 per cent on key routes — check details here

Flight tickets to get costlier with 20% fleet of IndiGo, Jet Airways, Spicejet off skies

With 114 planes out of a fleet of 585 grounded, spot fares to rise by up to 25% in the short term.

spicejet, aviatio sector, aviation industry News

IndiGo, Jet Airways airfares surge as 200 flights cancelled; Rs 20,000 for Delhi-Mumbai ticket

On key metro routes like the Delhi-Mumbai, spot fares have risen by up to 20% since January this year.

Industry News

Airports to soon face efficiency test — Know what triggered the move

The regulator wants to determine if tariffs imposed are just or not.

Industry News

Adani getting control of 6 airports? Uncertainty looms as matter missing on Cabinet’s agenda

The group’s flagship, Adani Enterprises had recently bid aggressively and won the bids for the privatisation of all of the six airports put out by the Airports Authority of India.

Economy News

Jet Airways crisis deepens: Airline forced to ground two more aircraft, 25 out of service now

In February, an official from Aviation Partners, which is leased five Boeing 737 800 aircraft to Jet, said the company hasn’t received any payments since October last year.

Industry News

Udan scheme: Choppers may use airports as no heliport come up in designated routes

A total of 24 heliports are to be developed in Uttarakhand, Himachal Pradesh, Assam and Manipur.

Airlines/Aviation News

GMR, Adani among 10 bidders for six non-metro airports

A total of 10 entities have submitted bids for six AAI-owned airports for privatisation.

aviation, gmr, adani group, aviation sector, aviation industry News

Spicejet likely to add 20 aircraft to its fleet this year; majority Boeing 737 Max

In the third quarter of FY19, the low-cost airline added 12 new planes — nine Boeing 737 Max aircraft and three Q400s — taking the fleet size to 74 aircraft.

spicejet, aviation sector, aviation industry News

Jet Airways trouble: Lessors of debt-laden airline may take back aircraft

Jet posted a huge Rs 1323-crore loss during Q1FY19 while its September quarter losses stood at Rs 1,297 crore.

Industry News

Losses to come down for Indian airlines, pilot shortage a structural issue: Aviation body

The aviation consultancy firm said pilot shortage remains a “structural” issue for airlines, and banks are expected to become “more cautious” with Indian airlines.

Industry News

Air India debt: Govt may refinance three-fourth of airline’s Rs 29,000-crore debt

Air India reported loss of Rs 5,337 crore during FY18.

Industry News

Day of flip-flops: Jubilant FoodWorks’ parent withdraws brand royalty decision within hours

Jubilant FoodWorks and Jubilant Lifesciences in late night BSE filings, however, clarified that “Jubilant Enpro Pvt Ltd (a promoter group company) has decided not to charge the corporate brand royalty of 0.25% of the consol

Jubilant firms, Domino’Pizza, Jubilant Group, Jubilant Group royalty payment,  Shyam Sunder Bhartia, Harishankar Bhartia, Jubilant FoodWorks News

Airfares shoot up as runway repair disrupts Mumbai traffic; 5,000 flights to be cancelled or rescheduled

A Mumbai International Airport (MIAL) spokesperson said the closure of the second runway would lead to cancellation of 230 daily flights. It handles around 36 arrivals and departures every hour.

flights cancelled, flights cancelled in mumbai, mumbai flights cancelled, flights, mumbai, mumbai airport News

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