Vijay Mallya, once known as “the king of good times", is going through the worst times of his business career as banks close in on the Kingfisher tycoon in an effort to recover debts. Mr Mallya, 60, was widely considered to be India’s answer to Richard Branson. The flamboyant Indian entrepreneur built up his inherited empire, United Breweries Group, the prized assets of wh...
There is a lot of potential for the growth of business jets sector in India but the country has to overcome bottlenecks like lack of parking space at the airports, a top executive of Embraer Executive Jets said. “India is a big country with infrastructure challenges and we see a lot of potential. However, there are bottlenecks and restrictions to operate business jets like lack of parking...
AI pilot boarded aircraft 4 hours after scheduled departure time of Mumbai-Bhubaneshwar flight, passengers return to the terminal building from the aircraft in protest The national carrier, Air India, that has been short-staffed and has been struggling to manage its operations, had to delay one of its flights on Thursday afternoon, as the pilot had not reported for duty. The flight was not only...
India’s plans to develop a home-grown regional transport aircraft (RTA) appear to have been scrapped, with state owned airframer Hindustan Aeronautics (HAL) releasing a new request for information for the manufacture of a 50-80 seat dual-role regional aircraft in India. The RFI follows an announcement last year that plans to develop the RTA in partnership with the Bangalore...
As the launch customer of the A320neo, IndiGo has been waiting eagerly to take delivery of the planes that will help it cut fuel costs by 10-15% InterGlobe Aviation Ltd, which runs the IndiGo low-fare airline, said on Twitter that it will take delivery of Asia’s first A320neo aircraft on Thursday from European plane maker Airbus SAS. “IndiGo took delivery of the new A320neo aircr...
The Airbus Group produced over $500 million worth of aero-structures, components, materials, and services in India during 2015. In the five years up to 2020, the company hopes to achieve a cumulative $2 billion in procurement from India, says Airbus Group in a statement. “Indian suppliers are a cornerstone of our globalisation strategy,” said Airbus chief procurement officer Klau...
The passengers were inside for close to 40 minutes as fire tenders sprayed water and foam on the plane. The pilot of the Jet Airways plane which had a narrow escape from a mishap on Friday, further endangered the passengers by not using the emergency evacuation plan, reports a leading English daily. The carrier had a high risk of catching fire after coming to a halt tilting on its right side...
With International Women’s Day round the corner, India’s national carrier airline, Air India, is all set to make history. Celebrating the power of women, the flight AI 173 that’ll take the non-stop Delhi-San Francisco route will set a record for being the world’s longest all-women operated and supported flight. The flight that departs from New Delhi on March 6 at 0235 hrs w...
As many as 127 passengers on board a Jet Airways plane from New Delhi had a close shave after its main landing gear collapsed when it landed in Mumbai. All the passengers deplaned safely, Jet Airways said in a statement on Thursday. The incident resulted in the blocking of the main runway, forcing Mumbai authorities to shift flight operations to the secondary runway, sources said. Jet Air...
A plane operated by low-cost Indian airline SpiceJet lost a tyre while taking off from Bengaluru on Tuesday, but managed to land safely at its scheduled destination, Kolkata. The airplane had 211 passengers on board, including seven crew members. Ground staff at the Bengaluru airport saw the remains of the burst tyre after takeoff at 8.30 p.m. They alerted the air traffic control, which in turn...
IndiGo, India’s largest airline by market share, on Monday said airplane manufacturer Airbus SAS has confirmed that beginning with March 2016, it will deliver 24 fuel efficient A320neo aircraft by March 2017, as compared to the original plan to deliver 26 A320neos. In December, InterGlobe Aviation Ltd that runs IndiGo had said that the delivery of the first fuel-efficient Airbus A320neo h...
The air traffic system in India is not immune to severe shocks—such as the one in 2010—during which traffic figures plummet and wreak havoc on the industry. The wave of airline mergers, which had occurred only a few years before and was actively encouraged by the ministry of civil aviation, did not prove conducive to making India’s airlines more resilient or competitive. Kingf...