Aviat Financial News

07.06 / 03:31
UPS Aviat CEO Airlines security Department Air India-Vistara merger: NCLT approves move, paves way for world's largest airline groups from Tata
Air India and Vistara, forming one of the largest airline groups globally, according to a PTI report.Following the merger announced in November 2022, Singapore Airlines will hold a 25.1 percent stake in Air India. Vistara is a joint venture between Singapore Airlines and Tata Group.Also Read | Air India to operate as merged entity from 2025, no Vistara brand by year-endThe Chandigarh bench of the NCLT issued a 31-page order approving the "composite scheme of arrangement" involving Talace, Air India, and Vistara — all part of the Tata Group.
05.06 / 20:09
Aviat Fighting Airlines WhatsApp pandemic Courts SpiceJet plans to raise Rs 2,000 crore by August, increase capacity: Singh
SpiceJet is looking to raise Rs 2,000 crore by August, and plans to expand capacity by leasing aircraft, said Ajay Singh, chairman. The budget carrier had earlier raised `1,060 crore as part of a total fundraising plan of Rs 2,250 crore. However, it could not complete the fundraising plan as Mumbai-based businessman Harihara Mahapatra and his wife, Preeti Mahapatra, who were to invest Rs 1,100 crore, along with 63 other investors, pulled out.
04.06 / 16:09
UPS FIVE Aviat Election 2020 Turncoats in 2024 LS polls: Scindia, Jindal, Jitin Prasad win; loss for Preneet Kaur, Sita Soren
Jyotiraditya Scindia, industrialist Naveen Jindal and UP Minister Jitin Prasada are among the turncoats who won the Lok Sabha polls while Ashok Tanwar, Sita Soren and Preneet Kaur joined the list of those who had defected to the saffron party but could not succeed. Aviation Minister Scindia won from Guna constituency in Madhya Pradesh by a margin of over five lakh votes.
04.06 / 13:55
UPS Digital Aviat economy Healthcare Bill Traffic Mint Explainer: What major industries expect from the next government
Also read: Job creation, alleviating rural distress likely to top new government’s agenda The upcoming Digital India Bill will be another key priority for the government, which wants Big Tech to tackle issues such as deepfakes and malicious AI-generated content. The industry, for its part, will want the government to preserve the safe-harbour principle to ensure that intermediaries are not held liable for third-party content posted on their platforms.
04.06 / 12:43
markets Provident Aviat Airlines Election rights International NOT IATA boss warns foreign airlines may quit India if taxation issues are not sorted
India doesn’t address concern over taxation, the chief of IATA warned on Tuesday.
04.06 / 12:43
markets Aviat Racing Election Inside LS polls: 5 leaders crush highest victory margin record, Indore's Shankar Lalwani tops chart
political leaders, including four from the BJP, crushed the previous record of the highest victory margin in the Lok Sabha polls, with Indore's incumbent MP Shankar Lalwani topping the chart with a winning margin of more than 11.72 lakh votes. Home Minister Amit Shah, former Madhya Pradesh chief minister Shivraj Singh Chouhan and BJP's Gujarat leader C R Patil were also leading with more than seven lakh votes each from their respective constituencies at the last count. Congress's Rakibul Hussain is also leading from Dhubri in Assam by a margin of more than 7.36 lakh votes.
04.06 / 08:27
markets Aviat security Election Death 2020 Jyotiraditya Scindia wins Guna constituency in Madhya Pradesh
Lok Sabha Election Results 2024: Union Minister for Civil Aviation Jyotiraditya Scindia secured a victory against Congress candidate Yadvendra Rao Deshraj Singh in the Guna constituency in Madhya Pradesh. This constituency, long associated with the Scindia family, marks another political triumph for Jyotiraditya Scindia.
03.06 / 17:43
FIVE Aviat Fox Gap Parke Hawaiian reports Hawaii's Kilauea volcano erupts in places after 50 years. What we know so far
Volcano Alert Level for Hawaii's Kilauea volcano was raised from watch to warning at a sudden notice, as it began erupting after a five decade long gap. The Aviator Color Code in the region changed from orange to red, based on the severity of the eruption, that began at 6.30 am (ET), according to a Fox Weather report. Alert levels in the Hawaii Volcanoes National Park have been raised in the early hours on Monday while the USGS Hawaiian Volcano Observatory (HVO), which earlier placed the Kīlauea volcano under observation levels, has now upped the ante and gone on full alert mode.
03.06 / 12:12
Aviat Airlines JetBlue information Traffic Investigations Federal officials are investigating another close call between planes at Reagan National Airport
Federal officials are looking into yet another close call between planes, this one at Reagan National Airport near Washington, D
03.06 / 11:41
UPS Aviat security Election Traffic Delhi Police imposes Section 144 around IGI airport, bans drones, laser beams ahead of counting day
oath-taking ceremony of the next Prime Minister of India. The restrictions will remain in force from June 1 to July 30 (including both dates). 1.
03.06 / 11:25
COST UPS Aviat Manufacturing Mobile reports India's air taxi plan gets going, work begins towards 2026 take-off; fares to be only slightly higher than Uber's?
aviation ministry has set in motion the urban air mobility project with the setting up several technical committees to pave the way for India's first ait taxi to take-off by 2026, as was being planned for some time.
03.06 / 06:19
Aviat Airlines ADP Experts travelers rights Airlines eye 'new frontier' of AI ahead of global summit
Airlines may not be replacing pilots with artificial intelligence anytime soon, but aviation industry experts say the new technology is already revolutionising the way they do business.
03.06 / 06:11
markets Target Aviat Manufacturing Sustainability Election electronic Modi 3.0: Infra, defence, railways, PSU Banks, among key sectors to be in focus if BJP wins Lok Sabha Elections 2024
Also Read: Stock market today: Nifty 50, Sensex hit all-time highs. Exit polls 2024 to GDP data - 4 reasons why market is soaringIf the present government retains power, Sen expects macroeconomic and financial stability is likely to be prioritized, which he believes is vital for continued macro growth and corporate earnings.
02.06 / 11:03
Aviat Williams Extreme Airlines Research Experts Universities Turbulence troubles? Expert tips on what to expect and how to stay safe
turbulence on flights: eyes squeezed shut, hands clamped to the armrests for dear life, bracing for the roller coaster to come.
02.06 / 10:19
Aviat Action Airlines President reports travelers International Air India apologises after San Francisco flight fiasco, offers ₹30,000 travel voucher
PTI, the passengers will also have the option to credit the amount instead of using it for travel.Air India Executive Vice President and Chief Operating Officer Klaus Goersch wrote a letter to the passengers over the inordinate delay and the inconvenience caused to them.Also Read: Air India passengers faint on San Francisco-bound flight amid 8-hour delay; no AC, say fliersThe San Francisco flight from Delhi got delayed by 30 hours, before it took-off on Friday and landed in San Francisco on Saturday, after the flight duration of around 16 hours.The apology and travel voucher gesture comes after the Directorate General of Civil Aviation (DGCA) on Friday issued a show-cause notice to airlines for inordinate flight delays and failure to take care of passengers."Please allow me to sincerely apologise, on behalf of Air India, for the extended delay in bringing you to San Francisco, which was caused by several technical delays and other operational constraints," reported PTI quoting Klaus Goersch.Also Read: Air India gets DGCA's show-cause notice over two international flight delays and 'failure to take care of passengers'"We are very sorry for this lapse in our service and the inconvenience caused to you," Goersch said in May 31 letter.The letter said that as a gesture of apology, Air India has offered a "travel voucher worth USD 350" for future travel with the airline.The regulator has asked Air India why enforcement action shall not be initiated against the airline as flight Al-179 dated 24 May and flight Al- 183 dated 30 May were inordinately delayed.Milestone Alert! Livemint tops charts as the fastest growing news website in the world
02.06 / 02:39
FIVE Aviat Airlines Boeing President Justice Department Boeing executives unlikely to be charged over 737 MAX crashes
Reuters.The deadline for prosecuting most federal crimes is five years.The Justice Department found in mid-May that Boeing violated a 2021 deferred prosecution agreement (DPA) that had shielded the company from a criminal charge arising from the fatal crashes.Also Read: 'I don't sit by the door': US President Joe Biden cracks joke about Boeing mishapsOfficials agreed to ask a judge to dismiss the charge of conspiring to defraud the U.S. Federal Aviation Administration (FAA) as long as Boeing abided by the terms of the agreement over a three-year period ending Jan.
01.06 / 16:39
Aviat Airlines WhatsApp show Department Updates International Air India's Delhi-Vancouver flight faces delay; rescheduled for Sunday
Air India's flight from the national capital to Vancouver, which was to take off early Saturday morning, faced an inordinate delay due to technical issues. The airline said the flight has been rescheduled and is now expected to depart early morning on Sunday.
01.06 / 16:39
Aviat Airlines President show travelers Updates International Delhi-SFO flight delay: Air India apologises, offers USD 350 travel voucher to passengers
Air India has apologised and offered a travel voucher of USD 350 each to the passengers of the San Francisco flight that took off from the national capital after a delay of more than 30 hours. There were 199 passengers in the flight, according to a source.
31.05 / 14:31
Aviat Airlines Entertainment economy Boeing show International DGCA show cause Air India as Tatas struggle to revamp airline
DGCA) on Friday issued a show cause notice to Air India over recent incidents of long flight delays in which passengers ostensibly faced significant discomfort, which the regulator said were in violation of various norms prescribed by it. The aviation regulator mentioned the inordinate delay of two international flights—AI 183 from Delhi to San Francisco on May 30 and AI 179 from Mumbai to San Francisco on May 24. “It has come to the notice of DGCA that flight Al-179 dated 24.05.2024 and flight Al-183 dated 30.05.2024 were inordinately delayed and passengers were put to discomfort due to insufficient cooling in the cabin, " the show cause notice reviewed by ET said.

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