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SpiceJet to negotiate with the lessors on the weekend and refused to interfere with the previous HC order that asked the airline to ground three engines and return them to its lessors — Team France 01 SAS and Sunbird France 02 SAS — in 15 days for non-payment of lease rentals. The Chief Justice of India told the airline, «If you don't comply, then you have to return the engines.» During the hearing, SpiceJet informed the Supreme Court that it was already in talks to make payments and was «ready to pay even today.»

Subscribe to enjoy similar stories. IndiGo’s flight expansion plan is facing headwinds due to the grounding of over 70 aircraft on account of problems with its Pratt & Whitney engines. The grounding has implications for the aviation sector and air fares.

Hackers are demanding $6 million in bitcoin from the operator of the Seattle-Tacoma International Airport for documents they stole during a cyberattack last month

InterGlobe Aviation Ltd. 0.0 per cent to Rs 4931.1 at 11:11AM (IST) in Wednesday's trade. The scrip has hit a high of Rs 4958.0 and low of Rs 4926.0 so far during the session. The stock had closed at Rs 4931.35 in the previous session. The counter has had a total traded volume of 4312 shares so far with a value of Rs 2.13 crore on the NSE. It traded at a price-to-earnings multiple of 24.37 and a price-to-book ratio of 68.53.

SpaceX faces $633,000 in fines for alleged safety violations during two Florida launches last year

The U.S. Attorney’s office in Boston says two men are being charged with illegal smuggling and conspiring to violate export controls by sending equipment to Russia's nuclear energy industry

Malaysia Airlines is keen to expand its operations into India, which is a «very important market», according to a top airline official. The airline, which currently flies to nine Indian cities, is eyeing new destinations as well as looking to increase frequencies to Trivandrum and Ahmedabad. Part of the Malaysia Aviation Group (MAG), Malaysia Airlines operates daily flights to Delhi, Mumbai, Bengaluru, Amritsar, Chennai, Hyderabad and Kochi. It also has four weekly services from Ahmedabad and Trivandrum.

The shortest flight I ever took was from Tongatapu, capital of Tonga, to 'Eua, an island some 40 km farther away. On paper, the ferry takes 1.5 hrs. But its schedule is unreliable, the sea unruly, locals advise against it, and the black diesel smoke enough to make one nauseous. The longest flight we were on took us from Qatar to New Zealand, though fortunately, this was in a luxurious Qatar Airways Qsuite. Flying business class does account for three times more CO2 than roughing it in economy though.

maritime tradition. Here's why this process has remained unchanged in modern aviation.

Pilots of an Alaska Airlines jet aborted a takeoff in Nashville to avoid a possible collision with a Southwest Airlines plane

Sandip Sabharwal, asksandipsabharwal.com, says there is much excess capacity in crude now, and with a huge number of LNG gas projects coming on stream next two to three years, the overall crude and oil and gas basket will remain subdued. So, it is going to be a good two-three-year phase unless and until something very significantly negative happens geopolitically. The next two to three years with the normal volatility in these commodities should be fine for the consumers. Sabharwal further says that as the market rally continues across sectors, which company you need to book out of or which you want to hold, will depend on relative valuations. What is the outlook on traditional defensives that have been proving their might? FMCG & pharma counters have been at the forefront in the last few weeks. Is there more to go? Sandip Sabharwal: Given the valuation the markets have reached, there is a high probability that defensives might outperform as the markets stall going forward, which they should. The same pace of upside is very tough to maintain. Now, the key for the performance of these companies from here on, on absolute terms, how much percentage gain they can give will also depend on the actual volume recovery and what actually has been the impact of good monsoons, etc, improve sentiments on rural, urban demand for the products of these companies.

ClaimBuddy and Khageshvara Aviation Technology took an early lead as the ten-member ET Startup Awards jury deliberated on the Best on Campus category. Finally, after two rounds of discussions and a secret voting, ClaimBuddy emerged as the winner, edging out aerospace and urban mobility startup Khageshvara.

A strike by the 33,000 factory workers who assemble some of Boeing’s best-selling planes would come as another blow to a company whose bottom line and reputation have taken plenty of hits this year

Directorate General of Civil Aviation (DGCA) on Thursday proposed stricter norms for the oversight of wet-leased planes operated by Indian airlines. Faced with the grounding of a significant number of planes due to engine and supply chain woes, domestic carriers are utilising more wet-leased aircraft as a short-term measure to cater to rising air traffic demand. The watchdog has issued a draft for public consultation on the revised Civil Aviation Requirements (CAR) on wet/damp lease operations by Indian operators to strengthen the regulatory framework for safety oversight of wet/damp lease operations. Wet lease of an aircraft by an Indian carrier involves the leasing of foreign aircraft, along with crew, maintenance and insurance. The plane is also under the operational control of the foreign operator (lessor) and subject to regulatory requirements of the foreign civil aviation authority concerned.

Narendra Modi said. “There was a time when air travel was only reserved for the elite in India. It was limited to big cities but the middle and poor class never could use this. But today, lot of common people are flying from tier 2 and tier 3 cities,” Modi said while addressing the second Asia Pacific Ministerial Conference on Civil Aviation Thursday. The Prime Minister also announced the unanimous passing of the Delhi Declaration under which the countries agreed to work together to enhance regional cooperation, addressing emerging challenges, and fostering sustainable growth within the civil aviation sector.

InterGlobe Aviation Ltd. traded 1.72 per cent up at Rs 4982.4 at 11:20AM (IST) on Thursday, even as BSE benchmark Sensex gained 273.38 points to 81796.54. The stock had closed at Rs 4897.8 in the previous session. The stock quoted a 52-week high and 52-week low of Rs 4987.5 and Rs 2334.95, respectively.

National Real Estate Development Council (NAREDCO) has urged the government to resolve regulatory challenges that hinder real estate development in major cities like Mumbai, Chennai, and Kolkata. In bid to help resolve the issue, the developers’ body has made certain recommendations that were discussed during a recent meeting with a Joint Working Group, which included an Expert Committee led by Fali Major, NAREDCO said in a release. “The height restrictions imposed by aviation regulations have significantly constrained real estate development in urban areas. Our recommendations are designed to unlock the potential of these cities while maintaining safety standards,” said G Hari Babu, National President of NAREDCO.

Willie Walsh, director general of International Air Transport Association (IATA) said. Giving a major relief to foreign airlines, the Goods and Services Tax (GST) Council on Monday decided to exempt import of services by an establishment of a foreign airline. The relief was given citing that Indian carriers get similar tax benefits abroad. “The issue was becoming concerning for the airlines. But with this change in regulation, it looks to be very optimistic for India,” Walsh said on the sidelines of the Asia Pacific Ministerial Conference on Civil Aviation being held at New Delhi.

Air India SATS Airport Services Private Limited (AISATS) on Monday unveiled India’s first luxury tarmac coaches exclusively for First and Business Class travellers at the Indira Gandhi International Airport, Delhi. Designed to offer ultra-comfort, the coaches feature premium amenities like plush seating, ample legroom, and air conditioning, ensuring a seamless transfer between the terminal and aircraft. Three such electric coaches have been introduced for Air India flights, with plans to extend the service to other airlines.

IndiGo has paid the reduced penalty of Rs 70 lakh imposed by regulator BCAS on the airline in connection with the incident of passengers having food on the Mumbai airport tarmac in January this year. The Bureau of Civil Aviation Security (BCAS) had imposed a fine of Rs 1.2 crore on the airline on January 18 for the incident that happened on January 14. In a filing to the BSE on Tuesday, IndiGo said that pursuant to an appeal, BCAS reduced the penalty to Rs 70 lakh through an order dated August 12. «There is a delay in submission of the disclosure within prescribed timelines since the company was in the process of reviewing the legal remedies available against the order. Post review, the Company has paid the revised/reduced penalty amount to BCAS on September 10, 2024,» the filing said.

Adani Airports Holdings Ltd, the Adani group firm that operates seven airports in the country, has launched 'aviio' digital platform to provide passengers real-time data on variety of airport accesses — from wait times to gate change and bags on belt. Aviio aspires to bring the aviation community together to collaborate and serve passengers better, a top official said.