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aviation industry faces a scarcity of senior pilots. According to reports, more than 40 pilots left Akasa Air without serving the mandatory six-month notice period, causing the fledgling airline to cancel a large number of flights. Its flight cancellation rate last month was 1.17%, the second-highest since its launch in August 2022.

airports and airlines can help them become eco-friendlier and give the aviation sector a sustainable boost of growth, a new study by Indian Institute of Management (IIM), Lucknow and University of Liverpool has found. Led by IIM Lucknow, the study sheds light on how airlines and airports can collaboratively achieve sustainable growth through various agreements.

₹22 crore as compensation from the 43 pilots for the loss of revenue and damaging reputation of the airline. According to a report by the Times of India, the mass exodus of pilots has forced the airline to cancel its several operations since August 2023. "We have sought legal remedy only against a small set of pilots who abandoned their duties and left without serving their mandatory contractual notice period," an Akasa Air spokesperson said.

As many as 14 people, including passengers and crew, lost their lives in a devastating plane crash that occurred in Barcelos, Brazil, on Saturday. The ill-fated aircraft, a Bandeirante model, was carrying a total of 12 tourists, accompanied by the pilot and co-pilot, as confirmed by Civil Defence authorities. Heartbreakingly, there were no survivors, as affirmed by the Civil Defence.

The Bandeirante model vehicle was carrying 12 tourists, along with the pilot and co-pilot. The report quoted the Civil Defence as saying that there were no survivors in the incident. The crash took place as the plane was trying to land in the city, which is located about 400 km from the state capital, Manaus, from where it had taken off, CNN Brasil reported. The crash took place around 3 pm (Brazil time), according to the report. The aeroplane possibly crashed due to bad weather, the report stated, adding that it was raining heavily at the time of landing. Further, according to CNN Brasil, the passengers in the ill-fated aircraft were going to practice recreational fishing. The Center for Research and Prevention of Aeronautical Accidents (Cenipa) confirmed in a statement that investigators from the Seventh Regional Service for Investigation and Prevention of Aeronautical Accidents (Seripa VII) were asked to report to the site of the plane crash. Seripa VII is a regional body of Cenipa. According to the Cenipa, initially, special techniques are used to collect and confirm data, preserve evidence, verify damage caused to the aircraft, or by the aircraft and gather other important information for the investigation process, CNN Brasil reported. The conclusion of the investigation will take the minimal time possible and will always depend on the complexity of each occurrence, the report stated, adding that the probe also needs to pinpoint possible contributing factors to the incident. According to the National Civil Aviation Agency (Anac), the aircraft belonged to the company named Manaus Taxi Aereo and was regularised and authorised to carry out air taxi service. Manaus Aerotáxi, a company that operated the aircraft,

SpiceJet on Friday claimed in the bankruptcy court that two insolvency petitions filed against it by two aircraft lessors — Wilmington Trust SP Services (Dublin) Ltd and Celestial Aviation Services Ltd — were not maintainable. The low-cost airline informed the National Company Law Tribunal that Wilmington was not the owner of the aircraft leased by it and so it is not an operational creditor to file an insolvency petition. Opposing the Celestial Aviation case, SpiceJet argued that five operational creditors had filed a combined petition, so it was not maintainable. In the Wilmington case, SpiceJet claimed that the owner of the aircraft was BOC Aviation Ltd, which had transferred the ownership to Aircaste (Ireland) Ltd and.

Flying rights are allocated on a bilateral reciprocal basis by the government to airlines of their country. Airlines cannot operate more flights than they are allotted.

Zexus Air Services, which was operating the now grounded carrier Zoom Air, on Friday said its flying permit has been renewed by aviation regulator DGCA. After launching operations in February 2017 with a CRJ aircraft, the Gurugram-based airline shut down operations in 2020, and subsequently its flying permit was suspended. The renewal of the air operator certificate will help the grounded domestic airline to take wings again. "Zooom Airlines (earlier Zoom Airlines) has received the official clearance to commence commercial passenger operations in India...the airline received its Air Operator Certificate (AOC) from the DGCA," Zexus Air Services Pvt Ltd said in a statement on Friday. The AOC was renewed on September 14 and it would remain valid till September 3, 2024, a source in the know said.

windfall tax on petroleum crude to 10,000 rupees per tonne from 6,700 rupees per tonne, according to a government notification. The increase will come into effect from September 16. The government has cut the windfall tax on aviation turbine fuel to 3.50 rupees per litre from 4 rupees per litre. Two weeks ago, the Centre had cut the windfall tax or special additional excise duty on petroleum crude to Rs 6,700 per metric ton from Rs 7,100. The tax rates are reviewed every fortnight based on average oil prices in the previous two weeks. India first imposed windfall profit taxes on July 1 last year, joining a growing number of nations that tax supernormal profits of energy companies. The government levies tax on windfall profits made by oil producers on any price they get above a threshold of $75 per barrel.

New Delhi: Zooom Airlines, earlier called Zoom Air, has revived air operator certificate from the Indian civil aviation regulator Directorate General of Civil Aviation to commence flight operations in India, the airline said on Friday. "With our AOC in hand, we look forward to providing passengers with a top-notch travel experience that combines convenience, efficiency, and comfort," Zooom Airlines chief executive officer Atul Gambhir said in a statement. Zoom Air was established as Zexus Air in April 2013 and the airline had taken delivery of its first aircraft, a Bombardier CRJ200.

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Spicejet, on Thursday, argued that the insolvency petition filed by aircraft lessor Wilmington Trust SP Services (Dublin) Limited was not maintainable, questioning the company’s locus standi to file an insolvency petition. In another case listed before the National Company Law Tribunal, Spicejet argued that the insolvency petition filed under Section 10 of the Insolvency and Bankruptcy Code, 2016, by Celestial Aviation Services Ltd, wasn’t maintainable either. The low-cost airline informed the National Company Law Tribunal that the owner in Wilmington’s case was not the company that had filed the petition but BOC Aviation Ltd, which had transferred it to Aircaste (Ireland) Ltd and, thus, the petitioner could not be the operational creditor. “He’s not the owner of the aircraft, so in what capacity does he become the operational creditor,” senior counsel representing Spicejet stated. “Trustee is only entrusted with the property and cannot become the owner of the property,” he further said, referring to the invoices, where the account was also in Aircastle (Ireland) Ltd’s, earlier referred to as Klaatu Aircraft Leasing (Ireland) Limited, name.

United Airlines flight en route from Newark to Rome experienced a sudden descent of 28,000 feet in just 10 minutes due to a cabin pressure issue. The Boeing 777 plane, Flight 510, was carrying 270 passengers and 14 crew members when the incident occurred.

BERLIN (Reuters) — European Union quotas for sustainable aviation fuels (SAF), seen as an expensive but essential key to greener air travel, are not achievable by today's standards, according to the chief executive of Germany's Lufthansa .

Also Read: Suzlon Energy, BSE, Godrej, Anupam Rasayan among top 20 smallcap stocks bought & sold by mutual funds in August Meanwhile, equity mutual funds saw a significant surge in net inflows, reaching a five-month high of ₹20,245.26 crore in August 2023. However, large-cap equity funds saw outflows of ₹348 crore. Adani Power, Zomato, Indian Railway Catering And Tourism Corporation (IRCTC) and Tata Power Company were among the largecap stocks that mutual funds bought the most in the month of August.

Federal Energy Minister Chris Bowen says electric planes will be in the skies and a green hydrogen industry will be up and running by the end of the decade, as Australia charts its course to net zero carbon emissions by 2050.

Kim Jong Un visited an aeronautics factory Friday on his tour of Russia's far east following his summit with President Vladimir Putin. Two days after meeting Putin at a spaceport, amid speculation they would agree an arms deal, Kim's bullet-proof train arrived in Komsomolsk-on-Amur, Russian news agencies reported. Kim is in the city, an important Russian industrial centre, to visit an aviation firm producing military and civil equipment. The RIA Novosti news agency published footage of Kim's train arriving in the city, with the red carpet rolled out to greet him. He was met with flowers, music, a dance group and ceremonial loaves of bread, the Interfax agency said. Kim, who seldom leaves his country, held talks with Putin at the Vostochny cosmodrome on Wednesday. Putin said on television Wednesday that Kim «will visit factories where civilian and combat aviation equipment is produced» in Komsomolsk-on-Amur. His visit to Russia's far east comes as US officials and experts have said Moscow is interested in buying North Korean ammunition to use in the conflict in Ukraine — an arms deal that would defy global sanctions. Kim's visit will last a few more days, Kremlin spokesman Dmitry Peskov announced on Thursday, without giving further details.

Transport Minister Catherine King has refused to provide documents explaining her decision to deny Qatar Airways additional landing rights to the Senate, citing public interest immunity.

₹21,935 crore, the purchase will help refurbish the Indian Air Force’s aging Avro-748 transport fleet. Here’s why it matters In September 2021, India signed a deal with aviation giant Airbus for 56 such C295 transport aircraft. Under the terms of the deal, India would receive 16 aircraft assembled in Spain, while the remaining 40 would be assembled in India.

Approximately 30 minutes prior to the briefing, NASA will make the team's complete report available online. The primary objective of this report is to provide insights to NASA regarding potential data collection strategies in the future, with the aim of shedding light on the nature and origin of UAP. In 2022, NASA assembled a panel of experts to scrutinize data related to UAP, a term for UFOs. UAP includes abnormal objects or occurrences in the sky, underwater, or in space that cannot be immediately identified. Now, the team is preparing to release its inaugural report on Thursday, offering recommendations to NASA on how to enhance the collection and analysis of data that could contribute to understanding the nature and origin of UAP. It's crucial to emphasize that, as stated in NASA's announcement of the briefing, the report does not assess or review previous unidentified observations.

Bonza chief executive Tim Jordan says politicians need to be willing to tackle the Australian airline duopoly by overhauling Sydney Airport, arguing slot hoarding is a drag on Australia’s productivity.