50 SKY SHADES - World aviation news

India aviation news

InterGlobe Aviation: Risk takers can board this flight

The initial public offer (IPO) by InterGlobe Aviation could have been an open-and-shut buying opportunity for investors. The company operates IndiGo Airlines — the country’s largest and most profitable air carrier. The airline seems set to continue its strong growth in the high-potential Indian skies. Also, the asking price for the issue, while not cheap, seems justified. But these pos...

IndiGo seeks $500 million from IPO

Indian low-cost carrier (LCC) IndiGo is looking to raise up to $500 million in its upcoming IPO to cut its debt and fund its recent $26 billion aircraft order. Slated for end October, the IPO will place some 12% of the company's shares into the market. IndiGo president Aditya Ghosh said the offering would help the airline capitalize on its previous successes in the competitive domestic...

Air India Not to Seek Compensation from Boeing for Delayed Deliveries of 6 Dreamliner Aircraft

Boeing has delayed deliveries of six Dreamliner aircraft to Air India by more than two years and the airline has decided not to seek compensation. "The deliveries will now begin from November 2016 and go on till August 2018," said a senior Air India official, who did not want to be identified. According to the earlier schedule, deliveries were to start from July 2015 and go on...

Air India Offers 25% Discount for Women Flyers

Rolling out freebies to its domestic flyers and business class passengers, national carrier Air India on Saturday offered four schemes, including 25 percent flat discount to women travellers, due to high air travel demand during the festive season. Air India offers four schemes to the executive class passengers flying the domestic sectors as part of the super festival bonanza, the airline said...

India's SpiceJet Could Order Up to 250 Aircraft by End of March

Indian low-cost carrier SpiceJet Ltd. is making money again and plans to order new aircraft worth billions of dollars in the next five months, said its chairman. As the once-struggling airline gets set for a new round of expansion, it could order more than 200 aircraft by the end of March. It is in advance stages of discussions with Boeing Co. and Airbus Group SE for passenger jets...

Air India Sued for $98M in US Federal Court for Breach of Hajj Contract

Dynamic International Airways LLC launched a $97.7 million breach of contract lawsuit against Air India in New York Federal Court. Air India sub-contracted Dynamic International Airways LLC (a/k/a Dynamic Airways or Dynamic) for the year 2013 and 2014 for carriage of holy pilgrims from India to Saudi Arabia round-trip. Dynamic carried 47,976 passengers for Hajj 2014 and c...

India's Global Vectra first worldwide customer to take up HCare Smart parts-by-the-hour contract for H130

Global Vectra Helicorp Ltd. (GVHL) has signed a PBH contract for its H130 light helicopter, benefiting from Airbus Helicopters' redefined customer service offer called HCare which was introduced early this year. GVHL's H130 will be covered by the HCare Smart PBH service, which has been developed with careful consideration of the support required by operators of light helicopters. The HC...

Nearly 62 Jet Airways, Air India Pilots Move to IndiGo

As many as 62 pilots of Jet Airways and Air India have flown out of the two airlines in a little over one year to join other carriers, with a majority of them boarding the Rahul Bhatia-promoted IndiGo. While private carrier Jet Airways has lost 30 pilots in 15 months to budget carrier IndiGo, state-owned Air India has seen the migration of 32 pilots in the past one year, industry sources s...

Air India Puts 9 Dreamliners on Sale to Raise over 7,000 Crore Rupees

State-owned carrier Air India has put on sale nine of its 21 Dreamliners (B787-800) to raise over 7,000 crore rupees to fund acquisition of new aircraft and also for repayment of the bridge loan availed earlier for purchasing these Boeing 787-800s. These nine planes were inducted in the national carrier's fleet between March 2014 and June this year. Air India would also lease back t...

TATA SIA Airlines: Transformation of Aviation Sector can yield $250 billion by 2025

At a time when the government led by Prime Minister Mr. Narendra Modi has embarked upon an ambitious plan to unleash the growth potential of India’s economy,TATA SIA Airlines Limited released in Delhi today, a report titled, ‘Maximising the contribution of aviation to the Indian economy’, prepared for the company by CAPA- Centre for Aviation. With an anticipated...

Tech Mahindra to develop the Aircraft Ground Support System for Bombardier's C Series

Bombardier Commercial Aircraft and Tech Mahindra, a specialist in digital transformation, consulting and business re-engineering announced today that they have signed an agreement under which Tech Mahindra will develop the Aircraft Ground Support System (AGSS) for Bombardier's Aircraft Health Management System (AHMS) for the C Series family of aircraft. The AGSS will facilitate real-time and p...

SpiceJet announces direct flights to Dubai from Amritsar and Kozhikode (Calicut),

SpiceJet, India’s favourite low cost airline, today announced the launch of direct flights to Dubai from the cities of Amritsar and Kozhikode (Calicut). Bookings for tickets are open now and flight services will commence from November 15, 2015. With the launch of these flights, SpiceJet will be serving Dubai direct from eight Indian cities: Delhi, Mumbai, Ahmedabad, Pune, Kochi, Madurai,...