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Congress has passed a bill that is designed to add more safety inspectors at aircraft factories and to give air travelers automatic refunds for canceled or long-delayed flights

Natural gas producer CNX Resources says it plans to build a $1.5 billion facility at Pittsburgh’s airport to make hydrogen-based fuels

tax on domestically produced crude to Rs 5,700 per tonne from earlier Rs 8,400 per tonne. The export duty on petrol diesel and aviation turbine fuel (ATF) will continue to be nil. The new rates will be effective May 16 2024, Central Board of Indirect Taxes and Customs ( CBIC) said in a late night notification Wednesday.

Also read: How to turn Indian airports into South Asian travel hubs SpiceJet currently owes $14 million to TWC, which rejected the airline’s offer to pay $435,000 a month to clear its dues. TWC asked the high court to enforce a previous order by the High Court of Justice in England and Wales that directed SpiceJet to return the aircraft and engines for failing to pay its rental dues.

Mumbai-based FA Airlines is set to acquire regional carrier FlyBig, according to sources. FlyBig has four planes in its fleet. Incorporated in 2022, FA Airlines is focused on the aviation sector. The sources said an initial pact has been signed between the two entities for the deal. Once the transaction is complete, FlyBig's fleet will be expanded by more than 20 aircraft, they added.

India-Maldives Relations: India has dismissed claims made by Maldivian Defence Minister Ghassan Maumoon, who alleged that Indian military helicopter pilots in the Maldives conducted an unauthorised operation in 2019. In a post on the social media site X (formerly known as Twitter), the High Commission of India in the Maldives issued a statement asserting that Indian aviation platforms in the Maldives have always operated according to “agreed procedures and with due authorisation." “Indian aviation platforms in the Maldives have always operated as per agreed procedures and with due authorization from MNDF.

Boeing is losing more aircraft orders than it is taking in

inflation is that theirs is driven by wages and over-employment whereas ours is driven by supply-side shortages. So for us, the answer is very clear," Nayar said, arguing for more measures by the government to boost production. He said India’s economic growth now is quite robust in spite of global shocks but in the next phase of growth, the government cannot keep spending from the balance sheet.

Nayara Energy is planning to invest ₹600 crore to set up two ethanol manufacturing plants in the country, said a senior company executive. Each plant will have a production capacity of 200,000 kilo litres of ethanol per day. These will be set up in Andhra Pradesh's Naidupeta and Madhya Pradesh's Balaghat, and are slated for commissioning by 2026. The company will use broken rice and maize for feedstock. In the long run, the company plans to have five ethanol manufacturing plants. «We have big plans on the ethanol front. By 2025, we have to blend 20% ethanol, so we have a mission for 100% sourcing. We aim to have at least five ethanol plants in the long term but to start with, we are setting up two,» said Prasad Panicker, executive chairman at Nayara Energy.

Sensex rose 111.66 points, or 0.15%, to end at 72,776.13, while the Nifty 50 settled 48.85 points, or 0.22%, higher at 22,104.05. The Nifty index opened flattish on May 13 and after the fall in the early session, it saw a decent recovery and recouped all its intraday losses. The Bank Nifty index ended its eight-day losing streak and jumped 333 points to close at 47,754.

weather conditions.

Hindustan Aeronautics Limited (HAL), Maldives-based Sun Online reported. HAL had manufactured the helicopters donated by the Indian government to Maldives. ALSO READ: Maldives anti-India stance: It shouldn't have been done, says FM Moosa Zameer Indian soldiers were deployed in Hanimaadhoo, Kadhdhoo and Gan.

The Senate has passed a $105 billion bill designed to improve air safety and customer service for air travelers, a day before the law governing the Federal Aviation Administration expires

Air India Express cancelled 120 flights and operated 246 flights, an official aware of the development said. He added that Vistara operated two flights and parent company Air India operated 20 flights for Air India Express, in order to support the network. On 9 May, the airline cancelled 85 flights and operated around 283 flights.

Bank of Baroda on Friday reported a 2.3 per cent growth in its standalone net profit of Rs 4,886 crore for the March quarter, restricted by a hit due to its exposure to the grounded airliner Go First and also setting aside money towards pension liabilities. On a consolidated basis, the lender's net profit declined to Rs 5,132 crore from Rs 5,255 crore in the year-ago period. For 2023-24, the same rose to Rs 18,767 crore from the Rs 14,905 crore in the year-ago period. For the reporting quarter, the core net interest income rose 2.3 per cent to Rs 11,793 crore on the back of a 12.5 per cent increase in advances, and a 0.26 per cent decline in net interest margin to 3.27 per cent. The non-interest income rose 20.9 per cent to Rs 4,191 crore on the back of an increase in treasury income and fee income, and supported the overall profit growth.

Airports Authority of India (AAI) launched an internship program, 'Pradipti,' on Friday. The formal launch event was organized at the Indian Aviation Academy in New Delhi, as per an official release. The event took place in the presence of AAI Chairman Sanjeev Kumar and board members of AAI. According to the release, this internship program aims to facilitate learning the practical aspects of Airport Infrastructure, Operations, and Air Navigation Services and generate interest in Civil Aviation among youth by reaching out to educational institutes in the vicinity of airports.

Bajaj Hindustan Sugar on Friday posted 31 per cent fall in consolidated net profit to Rs 90.56 crore during the fourth quarter of the 2023-24 fiscal on lower income. Net profit stood at Rs 130.91 crore in the same quarter of the previous financial year, as per the regulatory filing. Total income declined to Rs 1,870.27 crore during the January-March quarter of the 2023-24 fiscal, compared with Rs 2,053.87 crore in the year-ago period.

Boeing 737 passenger planes were involved in accidents within a matter of hours of each other on Thursday, with one plane’s tire bursting during landing in Turkey, while another plane skidded off the runway in Senegal.A Boeing 737-3 plane carrying 85 people skidded off a runway at the airport in Dakar, Senegal’s capital, injuring 10 people, according to the transport minister, an airline safety group and footage from a passenger that showed the aircraft on fire.“Our plane just caught fire,” wrote Malian musician Cheick Siriman Sissoko in a post on Facebook that showed passengers jumping down the emergency slides at night as flames engulfed one side of the aircraft. In the background, people can be heard screaming.Transport Minister El Malick Ndiaye said the Air Sénégal flight operated by TransAir was headed to Bamako, in neighbouring Mali, late Wednesday with 79 passengers, two pilots and four cabin crew.The injured were being treated at a hospital, while the others were taken to a hotel to rest.

Boeing 737 carrying 85 people caught fire and skidded off a runway at Senegal's main airport, injuring 10 people including the pilot, the country's transport minister said Thursday. Passengers were evacuated from the burning aircraft and some described «complete panic» as they scrambled for their lives. The Air Senegal flight operated by TransAir was headed to Bamako, in neighboring Mali, late Wednesday with 79 passengers, two pilots and four cabin crew, when the crash happened at Blaise Diagne International airport, about 50 kilometers (31 miles) from Dakar.

Senegal’s transport minister says a Boeing 737 plane carrying 85 people caught fire and skidded off a runway at an airport near the country's capital, Dakar, and that 10 people were injured

Mint has reviewed a copy of the same. AAI, which operates and manages around 133 airports in the country, is expected to provide 2-5 day visits, workshops and a 4-20 week duration internship in various functioning areas of the operator.