Aviat Financial News

Boeing‘s new CEO is on the job and visiting a key factory near Seattle

InterGlobe Aviation Ltd. traded 0.07 per cent down at Rs 4315.55 on Thursday at around 11:36AM (IST), while the benchmark BSE Sensex declined 300.22 points to 79167.79. As many as 4,411 shares changed hands on the counter with a total value of Rs 1.9 crore.

Egypt’s Civil Aviation Ministry says it's ordered Egyptian airlines to avoid Iranian airspace for three hours on Thursday after a notice from Tehran to do so because of military exercises

Officials from Boeing and the Federal Aviation Administration are facing questions about the door plug that blew off a 737 Max jetliner in midflight

Authorities in Nepal all five people on board a helicopter were killed when it crashed in the mountains just north of the capital

Dubai International Airport has seen a record 44.9 million travelers pass through its terminals in the first half of this year

Nitin Gadkari highlighted in Rajya Sabha on Wednesday that within the next five years, India's aviation industry will use 20 per cent of Bio-aviation fuel. «Within five years our aviation industry will use 20 per cent of bio-aviation fuel, sustainable aviation fuel and that is to be starting it from parali (Stubble) and the farmer will get the rate of Rs 2500 per ton for it» said Gadkari during a reply in Rajya Sabha. The minister also highlighted that now the highway ministry is using bio-bitumen in the construction of roads which is helping India in reducing the imports of the Bitumen. Bio-bitumen is a bio-based binder derived from renewable sources like crop stubble and is used to bind the surfaces of paved roads.

Mint explains the rationale for these moves and what it entails for the future of IndiGo and the Indian aviation ecosystem. After covid-related restrictions were eased in May 2020, India’s aviation ecosystem recovered strongly. The visible signs of an expanding economy, a growing middle class, and higher disposable income were credited with for boosting travel across metros and smaller cities.

The summer travel season is in full swing, often bringing more flight delays and cancellations.

NEW DELHI : India's largest airline IndiGo (InterGlobe Aviation Ltd), which offered low-cost all-economy seats so far, has announced the launch of ‘IndiGo Stretch’ business class. The airline, which started in 2006 with 100 aircraft in the pipeline, now has a fleet of over 380 aircraft and expects to receive more than 970 aircraft over the next decade. Mint spoke to the airline's promoter and managing director, Rahul Bhatia, about the airline's journey and what lies ahead as it enters the next phase of business with long-haul operations and business class seats.

aviation sector with the introduction of the Bhartiya Vayuyan Vidheyak Bill 2024 in the Lok Sabha. This Bill replaces the Aircraft Act of 1934, which has undergone 21 amendments over the years and aims to align the Indian aviation sector with global standards. The proposed legislation, consisting 44 clauses, seeks to streamline regulations and foster growth in India’s rapidly expanding aviation market. The Bill was introduced in Parliament last week.

pilot fatigue, pilots' grouping FIP has urged the civil aviation ministry to take steps for implementation of revised norms on flight duty and rest period at the earliest. The Federation of Indian Pilots (FIP), which has more than 6,000 members, had earlier also written to the civil aviation ministry on the revised CAR (Civil Aviation Requirement) for pilots after DGCA postponed their implementation. The revised CAR related to flight duty time limitation seeks to provide more rest time for pilots amid rising concerns over pilot fatigue. In March, the Directorate General of Civil Aviation (DGCA) decided to postpone its implementation. In a letter to Civil Aviation Minister K Rammohan Naidu, FIP President CS Randhawa has requested him to direct DGCA to implement the revised CAR at the earliest.

malicious domains and phishing campaigns, in the aftermath of the global outage triggered by faulty software from CrowdStrike in July, are still actively pretending to seek feedback from impacted companies, cybersecurity experts said. Cybercriminals were quick to exploit the chaos caused by the CrowdStrike crisis and send remote access or data wiper malware through phishing emails, which are then used as a ransom tactic. Nearly 37,000 employees of top 350 global organisations have fallen prey to these phishing campaigns — termed as ‘Reap Blue Screen’ — and given away sensitive details, according to data from cybersecurity firm Cyfirma.

The U.S. Department of Transportation is proposing a new rule that would ban airlines from charging parents to sit with their young children

spectrum in the mid-band can be taken away from the broadcasting sector and allocated to telecom operators for 5G services, people in the know said. This would not only help meet the 5G needs of the telcos but would also generate revenue for the government as the airwaves would be auctioned.

Boeing named a longtime aerospace industry veteran as its next chief executive, who will take over a company that has been rocked by legal, regulatory and production problems.

India's Adani Group is considering investing in two airports in Vietnam, the Vietnamese government said on Wednesday, weeks after the company revealed it had permission to build a seaport in the country.

One remarkable aspect of Kingfisher having gone out of business as an airline is the fact that we can still be invited to “get high" on Kingfisher. While it refers to a colourful bird, the carrier took its name from a popular brand of beer marketed by the same UB Group. Until it folded up, this group’s aviation play was clearly a business in its own right.

Air New Zealand has scrapped its 2030 carbon emissions reduction targets, citing lags in producing new planes, a lack of alternative fuel and “challenging” regulatory and policy settings

IndiGo and SpiceJet have canceled a dozen flights scheduled around noon, marking potentially the first instance of flight cancellations owing to high temperatures.

government plans to operationalise 12 more airports across 8 states and Union Territories, including one at Shibpur in Car Nicobar, under the regional air connectivity scheme this year. Currently, 579 routes connecting 85 airports — including 13 heliports and 2 water aerodromes — have been operationalised under the UDAN (Ude Desh ka Aam Naagrik) scheme that was introduced in 2016.