Aerospace
India gives a big boost to MRO industry with uniform 5% IGST on aircraft components
17 Jul 2024
India has started levying a uniform 5 per cent Integrated Goods and Services Tax (IGST) on aircraft parts, beginning 15 July
Airbus, Thales plan to combine some space activities: report
16 Jul 2024
European aerospace majors Airbus and Thales are reported to be planning to combine some of their space-based activities, with a focus on satellite operations,
Boeing to buy Spirit AeroSystems for $4.7 billion
06 Jul 2024
US aircraft manufacturer Boeing Company has agreed to acquire part of aerostructure maker Spirit AeroSystems, for about $4.7 billion
HAL gets Rs50,000-cr defence ministry order for 156 Light Combat Helicopters
19 Jun 2024
Ministry of defence has issued a Request for Proposal (RFP) to Hindustan Aeronautics Ltd (HAL) for the purchase of 156 Light Combat Helicopters (LCH), estimated to cost around Rs50,000 crore.
Singapore Airlines gets 25.1% stake in Air India after Vistara merger
09 Jun 2024
Singapore Airlines will have 25.1 per cent stake in Air India after the National Company Law Tribunal (NCLT) on Thursday approved the merger of Air India and Vistara.
Isro carries out second landing test of Reusable Launch Vehicle
25 Mar 2024
Indian Space Research Organisation (Isro) on Friday successfully carried out a second test landing of its Reusable Launch Vehicle, Pushpak.
NCLAT upholds Jalan-Kalrock Consortium’s resolution plan for Jet Airways
14 Mar 2024
The National Company Law Appellate Tribunal (NCLAT) has upheld the debt resolution plan for bankrupt Jet Airways submitted by the Jalan-Kalrock Consortium (JKC)
Govt reviews FDI policy on space sector
07 Mar 2024
The Government of India has amended the extant Foreign Direct Investment (FDI) policy in order to open up the on space sector for overseas investors.
China’s COMAC challenges Boeing, Airbus with its C919 passenger aircraft
21 Feb 2024
Commercial Aircraft Corporation of China (COMAC) is actively participating in the ongoing Singapore Airshow 2024, with its C919 passenger aircraft and the smaller ARJ21 regional jets
Akasa Air to start international operations by March-end
20 Feb 2024
Akasa Air, has announced plans to start flight services to overseas destinations by the end of March 2024, to become the first Indian airline to start international services within 19 months of commencing operations.
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