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.

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)

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.

SpiceJet to lay off 1,400 employees to cut costs

12 Feb 2024

Budget carrier SpiceJet will cut 15 per cent jobs, reducing its workforce by around 1,400 as part of its efforts to reduce operating costs and improve investor returns.

Akasa Air places order for 150 Boeing 737 MAX Aircraft

19 Jan 2024

Akasa Air, India’s newest airline, has placed orders for 150 fuel-efficient Boeing 737 MAX aircraft, a record for an India carrier with just 17 months of operational life.

NASA, Lockheed revive supersonic travel dreams with X-59 QueSST aircraft

15 Jan 2024

US space agency NASA and defence aircraft maker Lockheed Martin on Friday jointly unveiled a prototype of the agency’s experimental aircraft X-59

Boeing's 737 Max 9 incident raises safety concerns and prompts grounding

08 Jan 2024

An emergency landing of an Alaska Airlines Boeing 737 Max 9 in Portland, Oregon, USA, has prompted the Federal Aviation Administration (FAA) to order inspections, affecting about 171 planes owned by Alaska, United, and other carriers.

IndiGo announces removal of fuel charges amid ATF price drop

04 Jan 2024

IndiGo, one of India’s leading airlines, announced on Thursday, 4 January 2024, that it would eliminate fuel charges on all domestic and international flights.

Akasa Air to close a deal for 150 Boeing 737 MAX planes in an effort to expand its fleet

03 Jan 2024

In a move to capitalize on the surging demand in India’s rapidly growing aviation market, budget carrier Akasa Air is reportedly finalizing an order for approximately 150 Boeing 737 MAX narrow-body planes.

Pratt & Whitney engines ground Go First airline, Wadia alleges Rs 10,000 crore damages

28 Dec 2023

Blaming Pratt & Whitney (P&W) engines for the grounding of Go First airline, Wadia Group Chairman Nusli Wadia asserted that the U.S. company has inflicted damages exceeding Rs 10,000 crore on the airline.

SpiceJet, 2 other entities show interest in bankrupt Go First

20 Dec 2023

Three companies, including budget carrier SpiceJet, Africa-focused Safrik Investments and Sharjah-based aviation company Sky One, have reportedly expressed interest in acquiring beleaguered carrier Go First.

Go Airlines India faces imminent closure as rescue efforts falter

15 Dec 2023

In a dire turn of events, Go Airlines India Ltd., founded by billionaire Nusli Wadia’s Wadia Group, teeters on the verge of a permanent shutdown.

SpiceJet plans to raise Rs2,250-cr through private placement

14 Dec 2023

The board of directors of SpiceJet has approved a proposal to raise around Rs2,250 crore, through the issuance of equity shares/equity warrants under a private placement basis to various investors.

Stephanie Pope is set to assume the role of Chief Operating Officer at Boeing

11 Dec 2023

Boeing is all set to appoint Stephanie Pope, a seasoned company veteran and current head of Boeing Global Services, as its Chief Operating Officer (COO).

Alaska Air Group Inc. acquires Hawaiian Holdings Inc. in a $1.9 billion deal

04 Dec 2023

Alaska Air Group Inc. has announced its acquisition of Hawaiian Holdings Inc. for a substantial $1.9 billion, encompassing existing debt.

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.

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

Air India to add 20 weekly flights to Birmingham, London and San Francisco

11 Oct 2022

Govt to put Air India’s ground handling, engineering units on sale soon

26 Sep 2022