Aviation

Dassault to set up MRO facility for Rafale, Mirage 2000 fighter jets in India

06 Aug 2024

French aerospace and defence major Dassault Aviation is expanding its presence in India with a maintenance, repair and overhaul (MRO) facility in Noida, Uttar Pradesh.

GoFirst’s creditors vote for liquidation of the airline report

06 Aug 2024

The Committee of Creditors (CoC) overseeing the debt resolution process of insolvent carrier Go First decided to vote for liquidation of the airline as the committee could not make any headway 15 months

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

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.