Never miss a great news story!
Get instant notifications from Economic Times
AllowNot now


You can switch off notifications anytime using browser settings.

Airlines / Aviation

Oct 17, 2019, 11.01 PM IST
11,586.35122.35
Stock Analysis, IPO, Mutual Funds, Bonds & More
Erstwhile war torn Jaffna gets connected to India via air

Inaugural flight at the newly launched Jaffna International Airport landed from Chennai. The ATR72-600 short-haul flight was operated by Alliance Air, a subsidiary of Air India. This was Alliance Air’s first international flight.

Vistara to order 26 CFM engines worth $2.4 billion

Along with the engine order, the airline has also signed a long-term rate per flight hour agreement for maintenance of the 120 Leap-1A engines which will power its 60 Airbus planes in service or on order.

Air India first in the world to use Taxibot on a commercial flight

Air India became the first airline in the world to use a Taxibot on A320 aircraft with passengers onboard.

Air India buyer may be allowed to retrench staff in a year

They will be retrenched through the government’s voluntary retirement scheme (VRS), where an employee gets an amount that’s equivalent to monthly salary multiplied by either the years of service completed or those left, whichever is less.

Amidst tussle with Adanis, GVK gets MCA notice after whistleblower complaint on fraud at MIAL

GVK group, a Hyderabad-based infra major, is challenging Adani Group's bid to buy out the 13.5 percent stake being held by its South African JV partner Bidvest in the Mumbai airport. The case is being fought at the Bombay High Court.

Impasse continues as HAL management and workers differ on wage revision

CB Ananthakrishnan, Director (Finance) at HAL, claimed that the workers will get an average hike of 17% after the wage revision.

Air India asks for equity dues to pay up fuel bills

The development comes after oil marketing firms have again threatened to suspend fuel supplies to the airline.

Oil companies say Air India not honouring Rs 100 crore/month payment promise

Air India owes IOC about Rs 2,700 crore in unpaid fuel bills. This includes Rs 450 crore of interest. Its outstanding towards the three oil firms is about Rs 5,000 crore including interest.

Air India becomes first airline to use Taxibot on A320 aircraft

Taxibot is a robot-used aircraft tractor for taxiing an aircraft from parking bay to runway and vice versa.

Jet formed illegal pacts with related offshore parties

Investigators found that Jet Airways leased aircraft from 'ghost offshore' cos & paid lease rentals to them.

Unions meet Air India management, pilots want notice period cut to a month

The government is planning to invite bids for the national carrier early next month and its employees, numbering many thousands, including pilots are fearing job losses.

Aviation scam: ED identifies 3 foreign firms with links to Deepak Talwar's close aide

Aviation scam: ED identifies 3 foreign firms with links to Deepak Talwar's close aide

Talwar is accused of acting as a middleman in arranging kickbacks to public servants and politicians to make Air India give up profit making routes and timings in favour of local and foreign private airlines.

GMR Hyderabad Airport Cargo launches 'HC3 Hyderabad Cargo Charter Circle'

GMR Hyderabad Airport Cargo launches 'HC3 Hyderabad Cargo Charter Circle'

Hyderabad International Airport has witnessed an encouraging demand for cargo charters in the segments like pharmaceuticals, engineering goods, telecom, defence and aerospace commodities.

AAI to bid for Greater Noida airport, compete with partner GMR

AAI to bid for Greater Noida airport, compete with partner GMR

AAI is in the process of taking legal opinion for placing its bid for the proposed international airport in the national capital region (NCR).

Airbus Helicopters hopes Centre will resolve Pawan Hans disinvestment situation 'very quickly'

Airbus Helicopters hopes Centre will resolve Pawan Hans disinvestment situation 'very quickly'

Airbus Helicopters had signed an MoU with PHL in June for collaboration in introducing H145 and H225 in the national company's fleet in the future.

Air India faces mass resignation ahead of divestment

Air India faces mass resignation ahead of divestment

This comes in the backdrop of the govt's decision to begin the process of divestment of Air India's stake.

Load More...
1

Other useful Links


Follow us on


Download et app


Copyright © 2019 Bennett, Coleman & Co. Ltd. All rights reserved. For reprint rights: Times Syndication Service

BACK TO TOP