June 22, 2024 05:22 (IST)
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Centre notifies stringent anti-paper leak law amid exam mess, accused to face jail term, fine up to a crore | Maharashtra Congress chief Nana Patole alleges cracks on Atal Setu, BJP hits back | Amid paper leak row, CSIR-UGC-NET exam scheduled for next week postponed | Renukaswamy murder: Darshan Thoogudeepa borrowed Rs. 40 lakh from friend, paid other accused to destroy evidence, say cops | Liquor policy case: Delhi HC stays Arvind Kejriwal's bail till ED plea hearing

IATA to hold its AGM in Delhi in 2025

New Delhi: In a show of faith in India's advancing position in global aviation, New Delhi is set to host the 81st Annual General Meeting (AGM) of the International Air Transport Association (IATA) next year, media reported.

IndiGo Q4FY24 net profit multiplies more than double YoY to Rs 18,948 million on strong demand

Gurgaon: InterGlobe Aviation Ltd., which operates budget airline IndiGo, today reported a net profit of Rs 18,948 million in the fourth quarter of FY24 compared to net profit of Rs 9,192 million.

SpiceJet gets relief as Delhi HC reverses order upholding validity of arbitral award favoring Kalanithi Maran

New Delhi: The Delhi High Court on Friday reversed its previous decision that upheld the arbitral award favouring Kalanithi Maran over low-cost airline SpiceJet, bringing relief to the financially struggling carrier, media reports said.

Delhi High Court orders SpiceJet to pay $1.58 million to engine lessors by May 22: Report

New Delhi: The Delhi High Court directed SpiceJet on Friday to remit $1.58 million to its engine lessors Team France and Sunbird France by May 2 even as it acknowledged negotiations between the budget carrier and the lessors are ongoing, with final settlement terms yet to be established, media reports said.

Air India recruited over 5,700 staff members in FY24 as part of its f-yr revival plan

Mumbai: Air India recruited over 5,700 staff members, with over 3,800 comprising the flying crew in the FY24, as a component of its five-year revival strategy aimed at restoring the airline's fortunes, media reported citing the airline's statement.

Virgin Atlantic plans to offer over 1 million seats to India by 2025

Bengaluru: Virgin Atlantic on Wednesday signalled its strong commitment to India by launching a new daily service to Bengaluru and announcing a second daily flight to Mumbai, starting this October.

SpiceJet & Cross Ocean Partners settle Rs 93 crore dispute

New Delhi: Private airline SpiceJet on Tuesday said that it has reached settlement terms with aircraft leasing firm, Cross Ocean Partners, resolving a dispute of about USD 11.2 million (Rs 93 Crore).

Singapore's anti-trust watchdog okays Vistara-Air India merger

Singapore's anti-trust regulator announced its approval of the merger between Air India, owned by Tata Group, and Vistara, a joint venture between Tata and Singapore Airlines, subject to certain conditions, Reuters reported.

IndiGo Q3FY24 net profit jumps to Rs 29,981 million

Gurgaon, February 2, 2024: InterGlobe Aviation Ltd, the parent company of India's largest airline IndiGo reported a net profit of Rs 29,981 million for the quarter that ended December 2023, compared to Rs 1,418 crore in the year-ago period.

Construction of CAT IIIB-compliant airstrip 28/10 to be completed this week: Jyotiraditya Scindia

New Delhi: Civil Aviation Minister Jyotiraditya Scindia on Wednesday said that the construction project for rehabilitating Delhi Airport's CAT IIIB-compliant airstrip 28/10 is set to be completed this week, media reports said.

SpiceJet shareholders approve plan to raise funds via shares and warrants

Mumbai: Shareholders of SpiceJet have approved the company's proposal to raise funds through the issuance of equity shares and warrants, according to a regulatory filing following the annual general meeting (AGM) on January 10.

Air India appoints P. Balaji as Group Head GRC & Corporate Affairs

Gurugram: Air India Wednesday announced the appointment of P. Balaji in a newly created role of Group Head- Governance, Regulatory, Compliance (GRC) and Corporate Affairs.

Civil Aviation Minister asks aerospace manufacturers to increase supply chain manufacturing footprint in India

New Delhi: To strengthen India's aerospace manufacturing and maintenance, repair, and overhaul (MRO) sector, Civil Aviation Minister Jyotiraditya Scindia on Tuesday urged leaders of aerospace manufacturing companies to work together and share their needs from various government departments, an official release said.

SpiceJet to raise Rs 2,250 cr via equity to push growth and improve financial position

Mumbai: SpiceJet's board on Tuesday approved the raising of fresh capital exceeding Rs 2,250 crore, ET reported.

517 routes commenced under Udan Scheme, connecting 76 airports, including 9 heliports & 2 water aerodrome

New Delhi: Regional Connectivity Scheme (RCS)-UDAN has enhanced regional air connectivity by connecting previously unserved and underserved airports in remote areas of the country.