Aviat Financial News

By Rajesh Kumar Singh

Ajay Kumar Sood has been tasked with resolving the contentious issue of rolling out 5G services in and around airports amid aircraft and passenger safety concerns. Senior officials aware of the move told ET that a wider panel has been formed «to work on the 5G matter» as no consensus was reached around timelines for replacing obsolete aircraft radio altimeters-a key device that provides vital altitude information to flight crews and on-board aircraft systems during landings in low visibility conditions. While the Directorate General of Civil Aviation (DGCA) and the Department of Telecommunications (DoT) have been holding discussions with telcos, airline operators and aircraft manufacturers, the issue has been in limbo for more than a year. In November 2022, the DoT had asked all mobile operators not to install any 5G sites in the 3,300-3,670 MHz band within 2.1 km of both ends of the runway at all airports in India, to avoid potential interference with aircraft radio frequencies. But it was only meant to be a temporary measure till altimeters of aircraft were replaced.

NEW DELHI : InterGlobe Enterprises, the parent company of India’s largest airline IndiGo, has announced the appointment of Aditya Pande as group chief executive officerwith effect from March. Pande joins the travel conglomerate from Udaan, India’s largest enterprise e-commerce company, where he was chief financial officer the past three years. Udaan announced his resignation on Monday.

Circle Squared Alternative Investments founder Jeff Sica discusses whether Boeing stock is a buy on 'Varney & Co.'

Boeing (NYSE:BA) shares fell 3% in premarket trading Monday following the Federal Aviation Administration's (FAA) recommendation for door plug inspections on the Boeing 737-900ER model.

Investing.com -- U.S. stock futures gain on Monday, in a possible sign of ongoing upward momentum after a tech-fueled surge in equities last week. The U.S. aviation authority recommends new safety checks on Boeing (NYSE:BA) planes that have similar features to a jet model involved in a mid-air door plug breach earlier this month. Sony (NYSE:SONY) pulls the plug on a mega-merger with India's Zee Entertainment, sparking a potential legal battle.

Ram Mandir inauguration at Ayodhya has caught the keen interest of Hindu devotees worldwide and with it, a ripe opportunity for businesses and investors across India. The Rs 85,000 crore makeover is expected to transform the ancient holy city into a global religious hotspot, bringing with it a host of economic goodwill.

Catch all the Ayodhya Ram Mandir Inauguration Live UpdatesView

charter plane with six people on board disappeared from radar screens over Afghanistan a day earlier, Russian aviation authorities said on Sunday, after Afghan police said they had received reports of a crash. The plane was a charter ambulance flight travelling from Thailand's Utapao Airport in Pattaya to Moscow via India and Uzbekistan on a French-made Dassault Aviation Falcon 10 jet manufactured in 1978, Russian aviation authorities said in a statement.

KABUL/MOSCOW (Reuters) -Russia's aviation watchdog said on Sunday four people survived the crash of a charter plane bound for Moscow in northern Afghanistan, citing the Russian embassy there, and it said the condition of two other passengers on board was not yet clear.

A small airplane that crashed into the ocean off the California coast has been identified as one of tens of thousands of home-built aircraft that are part of a high-flying hobby taking off across the country

Indhira Gandhi Memorial Hospital Maldives' capital city Male. Aasandha Company Limited, the company responsible for medical evacuations, issued an official statement and said that the Medical Section of the company had processed and approved the airlift ambulance within 12 minutes. The 14 year old Malivian boy from Gaaf Alif Villingili, had a brain tumour and suffered a stroke, according to India Today.

India's youngest airline, Akasa Air, has placed an... moreIndia's youngest airline, Akasa Air, has placed an order for 150 Boeing 737 MAX narrowbody planes.

aviation regulator DGCA to take strict action against the airline. IndiGo Airlines responded to the allegations and said that the flight was diverted due to bad weather conditions in Ranchi and all passengers were provided with meals. The airline added that it gave the option to passengers to either choose a refund or alternate flight.

NEW DELHI : With the Union Budget 2024-25 on the anvil, the Indian aviation industry hopes for a range of measures to reduce cost burden with respect to aviation turbine fuel (ATF), lower duty structure on import of private aircraft, categorization of airports under priority sector lending and more initiatives to improve regional connectivity in India. “The import duty has to be done away with. It comes to 3% when you import either by purchasing of aircraft or induct it on lease.

PTI. There will be no flight arrivals or departures at the Delhi airport from 10.20 am to 12.45 pm every day from January 19 to January 26 in connection with the Republic Day preparations and celebrations, said the report citing an official. The Airports Authority of India (AAI) has revised NOTAM (notice to airmen) to introduce the new restrictions.

Boeing has reassured India that there will be no substantial disruptions in aircraft deliveries to the country. A senior executive at Boeing, Darren Hulst, the Vice President for Commercial Marketing, conveyed this message on Friday, seeking to allay concerns surrounding potential delays. At the "Wings India" air show held in Hyderabad, Darren Hulst underscored Boeing's commitment to prioritize the quality of aircraft over sheer numbers in the Indian market.

Republic Day on January 26th, heightened security measures will lead to airspace restrictions in the national capital for a total of 11 days this month, encompassing both Republic Day preparations and celebrations. As per officials, the airspace curbs are scheduled from January 19 to 25, along with additional restrictions on January 26 and 29.

Mr. Bhatura – a restaurant chain in Noida and Ghaziabad has promised to offer a free plate of 'Chole Bhature' if its restaurant customers show proof of cancelled tickets to the Maldives. India-Maldives: EAM holds 'frank conversation' with Zameer on troops withdrawal "Through this, we want to promote tourism in Lakshadweep.

Fog in Delhi is an annual event, and extraordinarily long lasting this winter. It has delayed flights, trains, caused accidents on roads and created heartburn all around. So far, so expected.

non-scheduled flights of scheduled airlines, and chartered flights will not be permitted from 10 am to 1.15 pm during the January 19-25 period, PTI reported. According to the NOTAM issued by the Airports Authority of India (AAI), these restrictions will be in force from 6 am to 9 pm during the period from January 26 to 29. A NOTAM (Notice to Airmen) is a notice with information that is essential to personnel involved in flight operations.