Aviat Financial News
21.08 / 19:04
Aviat
Airlines
pandemic
reports
travelers
politician
Investigations
FAA sent 43 cases of unruly airline passengers to the FBI for possible prosecution
U.S. officials say they referred 43 cases of unruly airline passengers to the FBI for possible prosecution in the last year
21.08 / 18:52
Aviat
WhatsApp
IndiGo to challenge penalties related to input tax credit issue
IndiGo on Wednesday said it will contest two orders imposing penalties totalling Rs 3,50,299 on the company in relation to input tax credit. In Odisha, a penalty of Rs 1,77,046 was imposed on the company related to Goods and Services Tax (GST). «The appellate authority has rejected the appeal filed by the company and upheld demand on account of availment of input tax credit for FY 2017-18,» InterGlobe Aviation, the parent of IndiGo, said in a regulatory filing. According to the filing, IndiGo is in the process of contesting the appeal order before the appellate tribunal.
20.08 / 20:08
20.08 / 14:30
markets
COST
Aviat
Airlines
travelers
rights
International
Class war: IndiGo shows Air India it means business
Mint spoke with say that the business class should be looked at in the context of the airline’s larger plan to focus on improving yields or average revenue per seat. It is also looking to expand globally through the Airbus 321XLR, which is likely to be inducted next year, and the Airbus 350, which is likely to join in 2027. Emails sent to IndiGo and Airbus seeking an official response on the recent development had not elicited any replies at the time of publishing.
17.08 / 20:15
Provident
MET
Cooper
Aviat
Department
Chandrababu Naidu in Delhi to push for early work on budget promises
Union Budget being passed in Parliament, Andhra Pradesh chief minister N Chandrababu Naidu is on a two-day visit to Delhi to push for early implementation of the promises made to his state in the Budget. Naidu met Prime Minister Narendra Modi, home minister Amit Shah and finance minister Nirmala Sitharaman on Saturday. Naidu, whose Telugu Desam Party (TDP) provides the vital numerical support of 16 MPs to National Democratic Alliance (NDA), is expected to raise the issue of Central support for Polavaram irrigation project and development of Amravati as state capital. Naidu met Jal Shakti minister C R Patil on Saturday to discuss Polavaram project. Naidu also visited the civil aviation ministry to take stock of the various airports under developments and improvement of air connectivity in Andhra Pradesh.
16.08 / 02:53
15.08 / 17:52
15.08 / 04:58
Aviat
innovations
testing
Britain to trial use of drones in deliveries, emergency services
regulator has selected six projects, including one by e-commerce giant Amazon, to test the use of drones in deliveries, inspection of infrastructure and emergency services, it said on Thursday. The UK's Civil Aviation Authority (CAA) had said earlier this year that it wanted to permit more drone flying for such uses. Currently drone users in Britain are only permitted to fly beyond the visual line of sight as part of trials with strict restrictions.
14.08 / 15:44
Aviat
Airlines
Death
performer
recommendations
Investigations
Federal board urges stricter safety rules for loading and dispatching charter flights like air tours
A federal agency says it has recommendations for improving the safety of commercial aviation including air tours and air ambulances
14.08 / 11:31
markets
Aviat
Action
Airlines
security
WhatsApp
Courts
Delhi HC asks SpiceJet to ground three engines and return them to lessors in 15 days
SpiceJet Ltd, the Delhi High Court on Wednesday asked it to ground the three engines by Friday and return them to its lessors — Team France 01 SAS and Sunbird France 02 SAS — in 15 days. It also asked the low-cost carrier to make arrangements for inspection of these engines. The Ajay Singh-led carrier has been struggling to secure funding following consecutive quarterly losses. The airline faces legal action from lessors over unpaid dues and has had requests made to the aviation regulator for de-registering their aircraft.
14.08 / 07:46
markets
Provident
Booking
Aviat
Airlines
travelers
International
The Indian MRO boom: Eight popular stocks to add to your watchlist
Union budget, for example: the Indian government announced incentives to boost maintenance, repair, and overhaul (MRO) activities in the aviation and shipping sectors. While we’ve previously detailed how companies in the ship-repairing sector stand to benefit—leading to some stocks doubling in value—the aviation sector’s MRO industry hasn’t garnered the same level of attention. India’s aviation industry is soaring, driven by increasing demand for air travel, expanding fleet sizes, and a growing focus on regional connectivity.
14.08 / 05:58
Citi
Man
Aviat
Celebrity
reports
evacuation
Pilot steals helicopter, crashes into hotel after attending party in Australia
helicopters and crashed into the rooftop of a Hilton hotel in Australia. Hours before the crash, he had attended a party thrown on his behalf celebrating a promotion, his company said.The incident occurred in the early hours of Monday morning in the popular tourist city of Cairns, a coastal town near Australia’s Great Barrier Reef.
13.08 / 17:10
Aviat
Airlines
ICE
Experts
country
reports
Investigations
Families of Brazilian plane crash victims gather in Sao Paulo as French experts join investigation
More than 40 families of victims of an airliner crash in Brazil have gathered at a morgue and hotels in Sao Paulo as three French government investigators arrived in the country
13.08 / 14:17
UPS
Aviat
Airlines
Boeing
reports
Interviews
Boeing focused on winning back public's trust: Executive VP Raymond
Mint in an interview in New Delhi. “We have to just stay focused on that and not sort of get caught up in all the noise and people's opinions." Boeing reported a net loss of $1.44 billion in the June quarter, primarily due to major cash burn in its defence, space and security unit as a result of cost overruns. It reported a loss of $149 million a year earlier.
13.08 / 01:59
COST
Aviat
President
travelers
Traffic
International
Travelling by air this weekend? Prepare to shell out more.
₹5,200, a jump of 23% from a year earlier. Similarly, a Bengaluru-Kochi ticket now costs around ₹3,500, a 46% spike from a year ago. While air traffic slowed in July on account of monsoon, travel picked up in August.
12.08 / 05:11
11.08 / 21:13
Aviat
Airlines
ICE
Experts
show
Videos
Investigations
Air safety expert on plane crash in Brazil: ‘I wouldn’t fly ’em’
Mary Schiavo carefully describes what she saw happen when Voepass Linhas Aéreas Flight 2283 plummeted to the ground in Brazil Friday, an airline crash that killed all 62 aboard.
11.08 / 16:31
Aviat
Airlines
ICE
Experts
reports
gatherings
Investigations
Rescuers retrieve remains of all 62 passengers in Brazil plane crash. Families gather in Sao Paulo
Brazilian rescue teams have retrieved the remains of all 62 passengers from the wreckage of a plane crash in Sao Paulo state as families began gathering in the metropolis to identify and bury their loved ones
11.08 / 07:12
Aviat
Airlines
ICE
Experts
reports
gatherings
Families of Brazilian plane crash victims gather in Sao Paulo as experts work to identify the dead
Sao Paulo as forensics experts work to identify the remains of the 62 people killed in the accident. Local authorities said the bodies of the pilot, Danilo Santos Romano, and his co-pilot, Humberto de Campos Alencar e Silva, were the first to be identified by forensics experts. Sao Paulo state government said in a statement Saturday evening that the remains of all the victims had been recovered. There were 34 male and 28 female bodies in the wreckage, it said. The ATR 72 twin-engine turboprop operated by Brazilian airline Voepass was headed for Guarulhos international airport in Sao Paulo with 58 passengers and four crew members when it went down Friday in Vinhedo, 78 kilometres north of the metropolis. Voepass said three passengers who held Brazilian identification also carried Venezuelan documents and one had Portuguese.
11.08 / 02:17
UPS
Aviat
Airlines
ICE
Boxing
Experts
Investigations
What caused a plane to fall from the sky in Brazil?
investigators Saturday began analyzing the black boxes from a Sao Paulo-bound flight to try to understand why the passenger plane fell from 17,000 feet Friday, in a crash that killed all 62 on board. But to aviation experts around the world who watched videos showing the 89-foot plane spinning slowly as it plummeted before crashing almost directly on its belly, the question of what had happened was simple to answer: The plane had stalled. In other words, the plane's wings had lost the lift needed to keep the aircraft aloft, causing it to stop flying and start falling.
10.08 / 01:55
markets
COST
UPS
Aviat
Manufacturing
Airlines
Boeing
Brazilian aerospace company Embraer in talks with govt for tie up but seeks market access for its jets
Embraer is in talks with the government and top conglomerates to set up a manufacturing unit in India, a top executive said. However, progress will depend on the company’s jets gaining access to India’s large and rapidly expanding domestic market, dominated by Airbus and Boeing planes. India is among countries such as China, Turkey, Japan and Saudi Arabia with which the firm is discussing a possible partnership, said Arjan Meijer, CEO and president of Embraer’s commercial aviation business. “We have been vocal for the last couple of years that we are looking for a partner,” Meijer told ET. “We have always said we want to cooperate, but we also want to bring our products into the market.”
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