Aviat Financial News

13.02 / 18:05

COST UPS Aviat Airlines shooting Traffic Mumbai Mumbai: Flight fares likely to shoot up as airlines plans to cancel flights till March

Civil Aviation on Tuesday said that it had to force Mumbai Airport to reduce flights as the airport had given excessive slots which was causing congestion leading to a situation where aircraft are hovering above the airport for as long as 60 minutes. An airport slot is a period of time during which an aircraft can take off or land. It said that the airport operator didn’t take steps to streamline and regulate the air traffic movements.

13.02 / 08:07

Aviat Airlines show reports Courts NCLT grants Go First 60-day moratorium extension

Mint had reported it first on 4 February of Go First likely to get another 60-day extension in the moratorium period to complete the insolvency process. Go First has filed this plea in NCLT for an extension of the corporate insolvency resolution process after completing its initial 90-day extension, which expired on 4 February.

13.02 / 07:09

UPS Aviat Diamondback Trade Gilead reports Trimble, CymaBay Therapy rise; Big Lots, Monday.com fall, Monday, 2/12/2024

Stocks that traded heavily or had substantial price changes on Monday: Trimble, CymaBay Therapy rise; Big Lots, Monday

13.02 / 07:09

Cooper Aviat Airlines Boeing Investigations International end Officials are looking into why an American Airlines jetliner ran off the end of a Texas runway

Federal officials are investigating an incident in which an American Airlines jet ran off the end of a runway after landing at Dallas-Fort Worth International Airport over the weekend

13.02 / 06:39

Aviat Airlines security country reports Traffic International Mumbai Govt directs Mumbai Airport to cut flights, limit business jet movements to address congestion concerns

Mumbai Airport to reduce scheduled flights and restrict the movement of business jets during peak hours, aiming to alleviate congestion and improve on-time departures, the Economic Times reported. The decision is expected to impact around 40 flights and disrupt the operations of private jets frequently used by top business houses in the country. The Airport Authority of India (AAI), responsible for air navigation services, has directed the airport to decrease aircraft movement from 46 to 44 during rush hours and from 44 to 42 during non-peak hours.

12.02 / 18:13

Target Aviat Software Diamondback Trade track reports Midday movers: Diamondback Energy rises, Arm goes parabolic

(Updated — February 12, 2024 11:21 AM EST)

12.02 / 07:35

markets UPS Aviat Trade show reports InterGlobe shares down 1.2% as Nifty drops

InterGlobe Aviation Ltd. traded 1.2 per cent down in Monday's trade at 12:49PM (IST). Around 9,544 shares changed hands on the counter. The counter opened at Rs 3119.15 and touched an intraday high and low of Rs 3122.0 and Rs 3064.0, respectively, in the session so far. The stock of InterGlobe Aviation Ltd. quoted a 52-week high of Rs 3301.4 and a 52-week low of Rs 1810.45.

11.02 / 18:25

UPS Provident Aviat Manufacturing Highways testing Government to set up facilities to test drone parts as use cases soar

₹2 lakh for every certification to encourage drone manufacturing in India. NTH Ghaziabad has received interest from 12 drone manufacturers for type certification of their models, the first person said, wishing not to be identified. Following the NTH certification, the directorate general of civil aviation will issue licences to drone makers, allowing them to manufacture an unlimited number of drones.

11.02 / 06:31

Aviat CEO Action Trade President inclusion Department Chinese technology company lashes back at US claims it has ties to military

A Nasdaq-listed Chinese technology company that makes parts for self-driving vehicles has threatened to sue the U.S. government after it was included in a list of companies the Pentagon says have links to the Chinese military

11.02 / 05:25

Citi Provident Aviat Airlines Traffic International Destinations Mint Explainer: What does it take to build an aviation hub?

Mint takes a look at the world's largest centres of international traffic, the benchmarks set by the world's busiest airports, and the key factors that drive their efficiency. An airport hub is characterized by a concentration of air traffic and flight operations. These airports act as transfer points for passengers to reach their final destination.

11.02 / 02:59

Aviat CEO Death wellness Trade Department Investigations Six killed in California helicopter crash including Nigerian bank CEO

California on Friday, authorities said. Six people were on board the helicopter when it crashed around 10 p.m.

11.02 / 02:27

Provident FIVE Aviat President reports rowing Taiwan reports more Chinese balloons over Taiwan Strait

Taiwan's defence ministry said on Sunday it had detected eight Chinese balloons crossing the Taiwan Strait in the previous 24 hours, of which five flew across Taiwan, the second day in a row is has reported a large number of balloons. Taiwan, which China claims as its own territory despite the strong objections of the government in Taipei, has complained since December about the balloons, saying they are a threat to aviation safety and attempt at psychological warfare. In its daily report on Chinese military activities, Taiwan's defence ministry said it spotted the first balloon on Saturday morning and the last one mid-afternoon, having spotted the same number of balloons on Friday.

11.02 / 01:31

Digital Aviat security Digi social information International Surveillance or security? Digi Yatra app divides opinion on facial scanning

Social media has been flooded with complaints of how people are being coerced into using the Digi Yatra app, which uses facial scanning biometrics. Is it really risky? And what do the stakeholders have to say about it? Suraksha P finds out. Akshay Gupta recently posted on social media platform X (previously Twitter) that he was denied entry at the Varanasi airport because he “did not follow the Digi Yatra lane”.

10.02 / 17:27

markets Citi Provident Booking Aviat show India can leapfrog others to make electric air taxis a reality, says JoeBen Bevirt, founder of Joby Aviation

urban pollution and congestion problem, said JoeBen Bevirt, founder of Joby Aviation. Speaking here on Saturday, he said the company is looking to launch in India after it launches commercial operation in 2025. Joby Aviation is a California-based aviation company, developing an electric vertical takeoff and landing (eVTOL) aircraft that it intends to operate as an air taxi service. Besides many other venture-backed funds, the company has raised a $590-million-funding round, led by Toyota Motor Corporation.

10.02 / 15:03

COST Provident Aviat Airlines Coronavirus pandemic States, UTs lowering tax on jet fuel provided huge fillip to airline industry: Jyotiraditya Scindia

states and Union Territories now levying lower taxes on jet fuel, a development that has provided a huge fillip to the airline industry, which was witnessing a V-shaped recovery after the Coronavirus pandemic, Union minister Jyotiraditya Scindia said on Saturday. Emphasising that the civil aviation sector provides huge economic multipliers, he also said that greater connectivity has led to greater economic development. Air Turbine Fuel (ATF) accounts for around 40 per cent of the operational costs of an airline. Scindia said that after taking over as the civil aviation minister, he reached out to various states and UTs to reduce the value-added tax (VAT) on jet fuel.

10.02 / 03:21

UPS Provident Aviat Election President reports Taiwan reports Chinese balloons at start of New Year holiday

defence ministry said on Saturday it had detected eight Chinese balloons crossing the Taiwan Strait in the previous 24 hours, two of which flew across the island, in an uptick of activity at the start of the Lunar New Year holiday. Taiwan, which China claims as its own territory despite the strong objections of the government in Taipei, has complained since December about the balloons, saying they are a threat to aviation safety and attempt at psychological warfare.

09.02 / 21:01

Aviat Manufacturing CEO Strategy innovations Relationships Airbus eyes partnerships in Indian defence and space

Airbus is looking for partnerships in Indian defence and space sectors, Michael Schoellhorn, CEO of Airbus Defence and Space, said on Friday. The European aerospace major is also looking for tie-ups with both private and government companies to develop a sourcing and manufacturing base in India, he said. «In a world that is changing so rapidly, it is important to have partners that you can trust and are reliable. The relationship of Airbus and India is one such partnership,» Schoellhorn said, adding «we can say that we make in India, skill in India and innovate in India.»

09.02 / 19:29

UPS Aviat Airlines Experts country reports travelers NOT Any DGCA move to rein in airfares may not succeed: Industry experts

aviation regulator to control airfares in the country is unlikely to impact rates in the current free market regime, airline executives and industry experts said in reaction to a parliamentary panel's call to take measures to check high fares. Air ticket prices are expected to rise further due to significant capacity cuts. IndiGo, the country's largest airline, has grounded 74 planes until December while others including Go First, SpiceJet, Air India group and Vistara grounded 90 planes.

09.02 / 19:20

Aviat Manufacturing Airlines Boeing Research travelers Traffic AP-NORC Poll: Most Americans say air travel is safe despite recent scares

A new poll by the Associated Press and NORC Center for Public Affairs Research finds most Americans believe air travel is generally safe in the U.S. The poll was released Friday

09.02 / 18:56

FIVE Aviat Airlines country travelers volunteers Updates Finnish carrier Finnair is asking passengers to weigh themselves before flights

Finland's national carrier Finnair is asking passengers to be weighed voluntarily and anonymously so that it can update their standard weight figures

09.02 / 18:52

Aviat Airlines security Boeing reports Courts Investigations 'Whistling sound' heard on previous Boeing Max 9 flight before door plug blowout, lawsuit alleges

An attorney representing passengers of an Alaska Airlines flight that lost a door plug in midair says a “whistling sound” was heard on a previous flight of the same Boeing 737 Max 9

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