Aviation
Emirates Airline President urges Rolls-Royce to focus on engine performance
30 Nov 2023
In the aftermath of Rolls-Royce's ambitious plan to quadruple profits, the President of Emirates Airline, Tim Clark, has called on the British firm to "go back to basics" and prioritize the performance of its engines.
IndiGo's parent company, InterGlobe Aviation, set to contest tax claims exceeding Rs 1,666 crore
23 Nov 2023
IndiGo’s parent company, InterGlobe Aviation, stated on Wednesday, November 22, 2023, that they would challenge tax demands worth over Rs 1,666 crore.
Boeing announces departure of chief strategy officer in 2024 amid company restructuring
17 Nov 2023
Boeing’s chief strategy officer, Marc Allen, has decided to step down from his position by the end of this year.
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Wadias to exit Go First, show no interest in bidding for grounded airline
13 Oct 2023
Go First Airlines former owners, Wadia Group, have no interest in making a bid for the airline amid legal disputes and insolvencies. According to reports, only two candidates have shown expressions
Boeing 737 MAX deliveries face delay due to new supplier defect
24 Aug 2023
Boeing announced on 23 August 2023 that it has discovered a new quality issue with its 737 MAX aircraft, specifically concerning a supplier, Spirit AeroSystems.
IndiGo places order for 500 Airbus aircraft
01 Jul 2023
This 500 aircraft order is not only IndiGo’s largest acquisition, but also the largest-ever order placed by any single airline with Airbus
Go First declares bankruptcy as engine failures beset operations
03 May 2023
In fact, the Singapore emergency arbitration has noted that the financial losses faced by GoFirst have been mostly because of the contractual failure of Pratt & Whitney and has, in its award, asked Pratt & Whitney to supply at least 10 usable engines on an emergency basis by 27 April and more in December this year
New budget carrier Akasa Air takes to air
08 Aug 2022
Akasa Air, which started operations with a fleet induction plan of two 737 MAX aircraft each month, hopes to raise the fleet size to 18 aircraft by the end of March 2023 and to 72 over the next four years
Air India readies plans to order up to 300 narrow-body jets: report
22 Jun 2022
Air India may order Airbus SE’s A320neo family jets or Boeing Co’s 737 Max-10 models, or a mix of both, worth $40.5 billion at sticker prices, according to unconfirmed reports
Aviation ministry shortlists 14 entities under PLI Scheme for drones and drone components
23 Apr 2022
Jeff Bezos flies into lower limits of space on Blue Origin’s New Shepard
23 Jul 2021
While Bezoz is 9 days later than Branson to hit suborbital atmosphere, he is reported to have flown to an altitude of about 100 km, flying higher than Branson did at 86 km
SpiceJet launches Hyderabad-Nashik UDAN flight
24 Nov 2020
Cathay Pacific to cut 5,900 jobs, close Cathay Dragon as Covid hurts
26 Oct 2020
While the restructuring will cost HK$2.2 billion ($283.9 million), the airline will also seek changes in conditions in its contracts with cabin crew and pilots, the airline stated in a stock exchange filing
Featured articles
The Rise and Rise of HDFC Bank
03 Jul 2023
HDFC, which surged ahead of global majors like HSBC Holdings Plc and Citigroup Inc and left Indian peers like State Bank of India and ICICI Bank in market capitalisation, now ranks fourth largest among the world’s most valuable banks, after JPMorgan Chase & Co, Industrial and Commercial Bank of China Ltd and Bank of America Corp
India’s Millet Revolution To Enrich Global Food Basket
02 Apr 2023
Millets, a healthier and cheaper substitute to wheat and rice, are indigenous to many parts of the world, especially in the semiarid tropics of Asia and Africa, and offers a big scope for expanding production and consumption in the foodgrain deficient African continent
Market predator Hindenburg preys on Adani stock
06 Mar 2023
Almost a month after the damning report of short-seller Hindenburg Research on the Adani Group that claimed that the seven stocks within the group were about 85 per cent overvalued, one of the group's stocks, Adani Total Gas, closed at Rs835 on the BSE, down nearly 79 per cent from its 24 January level, almost close to reaching that valuation
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