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Terminal 1 of Delhi Airport is expected to face a delay of more than a month. This comes after heavy rainfall last Friday caused a roof collapse at the old terminal, resulting in one fatality. Delhi Airport had initially planned to begin operations at the new terminal by mid-July. However, sources told ET that permission will now be granted only after a comprehensive examination of the structure is completed, likely taking over a month. An official, who requested anonymity, stated, «In the meantime, all flights have been accommodated at terminals 2 and 3.»

Delhi High Court on Tuesday issued contempt notice to Spicejet, its directors and officers as to why contempt proceedings should not be initiated against them for non-compliance of its May 27 order that had asked the low-cost airline to hand over two Boeing aircraft and three aircraft engines to its lessor TWC Aviation Capital. However, the division Bench of the HC on Tuesday said that contempt proceedings will be dropped if Spicejet complied with its directions within a with by July 8. The division bench of the Delhi High Court on May 27 had asked SpiceJet Ltd to hand over two Boeing aircraft and three aircraft engines along with technical records to its lessor TWC Aviation Capital on or before June 17 for failing to pay dues of $14 million, as ruled by a UK court.

Boeing has agreed to plead guilty to fraud to settle charges stemming from the crashes of two of its 737 Max jets

InterGlobe Aviation Ltd. gained 0.04 per cent to Rs 4318.55 in Friday's trade as of 11:01AM (IST). It hit a high of Rs 4368.0 and low of Rs 4310.0 during the session. The stock quoted a 52-week high price of Rs 4610.0 and a low of Rs 2334.95. The return on equity for the stock stood at 409.35 per cent. About 8,089 shares have changed hands on the counter so far.

InterGlobe Aviation Ltd. traded 1.15 per cent up at Rs 4268.95 at around 10:25AM (IST) on Tuesday. The stock had closed at Rs 4220.05 in the previous session. Equity benchmark Sensex traded 26.27 points higher at 79502.46 around the same time.

A statewide referendum vote is set in South Dakota for the Nov. 5 general election on a so-called “landowner bill of rights” related to a controversial carbon dioxide pipeline project proposed for the Midwest

Stocks that traded heavily or had substantial price changes on Tuesday: Tesla, Archer Aviation rise; Eli Lilly falls

Royal Canadian Air Force has revealed the reasons behind the failure of its much-touted Avro Arrow also called the CF-105. The aircraft was meant to be Canada’s ticket to global dominance in the civil aviation world and prevent the nuclear bombers of USSR from entering North America. This program was abandoned 65 years ago and recent documents have attributed many reasons for its failure. The flight after its successful flight was disbanded before it could be pressed into service. This aircraft was built during the cold war era in the 1950’s.

travel industry to digitally transform its expanding air cargo operations. According to an IBS Software statement here on Tuesday, Air India has chosen IBS Software's iCargo solution to support its growth plan and commitment to the airline's ongoing digital transformation. «IBS Software's fully integrated iCargo solution will enable Air India to digitise end-to-end cargo management, allowing seamless integration of numerous cargo operations, from sales to billing within a single, integrated platform. This will empower Air India to streamline processes and enhance decision-making capabilities,» it said. This partnership comes at a time when Air India has embarked on a significant digital transformation of its core businesses across passenger services, fleet, and cargo operations.

Cabinet Committee on Accommodation, Economic Affairs, Parliamentary Affairs, Political affairs, Security, Investment and Growth and Skill Employment and Livelihood. The Appointments Committee of the Cabinet includes Prime Minister Narendra Modi and Home Minister Amit Shah. The Committee on Accommodation features Shah, Minister of Road Transport and Highways Nitin Gadkari, Finance Minister Nirmala Sitharaman, Minister of Housing and Urban affairs Manohar Lal, and Minister of Commerce and Industry Piyush Goyal. The committee will have Minister of State (Independent Charge) of Ministry of Science and Technology Dr Jiterndra Singh as a special invitee.

Mint. The government hopes to make concrete progress on these proposals within a year, the official added. According to data from the Airports Authority of India, all operational airports handled 3.4 million tonnes of freight in 2023-24, including 2 million tonnes of international freight.

HDFC Defence Fund, which has recently announced the discontinuation of lumpsum subscriptions and restrictions on systematic transactions from July 22, has offered an absolute return of around 145% since inception. Launched in June 2023, HDFC Defence is the only active mutual fund whereas Motilal Oswal Mutual Fund has launched Nifty India Defence Index Fund which has just completed its NFO period. The scheme is benchmarked against Nifty India Defence Index TRI. The fund aims to capitalise on the opportunities in the space and has seen good interest from investors. The government's focus on modernising its defence forces and push toward self-reliance should drive the long-term growth of the sector. As global geopolitical tensions rise, many nations are spending on enhancing defence capabilities.

₹1,000-crore empire that expanded beyond Mesco shoes to encompass aviation, shipping, pharma, and that darling of the age, financial services, which could hide a multitude of sins. Success eluded her in many of these fields. Also read | Heat relief: Let street vendors and labourers guide action plans But in the first few years after liberalisation, there were always gullible investors – in a market that lacked any real supervision – who could be relied on to bail out a failing entrepreneur.

Daily Mirror, quoted the Lankan civil aviation minister T D Abeysuriya as saying there were no “suitable suitors" for the country’s national carrier SriLankan Airlines.  The minister hinted that the government may shelve its plans to sell the airline, and instead take on some of its debt and restructure it. SriLankan and Sri Lanka find themselves in a position that Air India and the government of India were in not too long ago. For years the Sri Lankan government has been bailing out its national carrier, which has a huge debt burden.

Boeing Max planes, market leader IndiGo awaits delivery of new and inspected Airbus 320 neo planes with P&W engines. Boeing has guaranteed Max deliveries till December, an executive at one of the airlines operating the plane said. “The delivery outlook beyond December 2024 looks grim, and may impact our expansion plans in 2025," the executive said on condition of anonymity.

Milan’s Malpensa Airport, Italy’s second-busiest passenger airport, is being renamed after Silvio Berlusconi

Boeing and Airbus is well known. Boeing has been having some safety concerns and it has been reported that they will missing out on the upcoming Farnborough International air show. The company has been fixing issues related to its safety and has nothing new to offer except its 737 Max aircraft. Its European counterpart Airbus on the other hand is unveiling its new long-range aircraft which is expected to encourage airlines to operate non-stop flights on various long duration routes. The airline industry has taken a keen interest on the A-321 XLR aircraft. This international air show is one of the aviation sector’s most attended events.

DGCA has come out with safety standards for ground handling service providers at airports, including the compulsory safety clearance requirement, as part of efforts to ensure safe ground operations amid rising air traffic. The norms also come against the backdrop of ground incidents at some airports that have resulted in damage to aircraft. The new Civil Aviation Requirements (CAR), prepared after detailed consultations, will strengthen the oversight mechanism, DGCA said in a release on Wednesday. It also specifies the training and competency requirements of ground personnel who are part of ground operations at the airports.

A Kansas business executive has pleaded guilty to illegally exporting sensitive American aviation to Russian companies in violation of U.S. sanctions

Boeing a plea deal that will allow it to avoid a trial related to two deadly 737 MAX crashes, a lawyer for the victims' families said Sunday, expressing outrage.

The comprehensive technical study of Delhi Airport’s currently closed Terminal 1 (T1) is expected to be completed within a month. Based on the findings, a decision will be made regarding the resumption of operations at the terminal, PTI cited a senior government official stated on Sunday.