Aviat Financial News

23.07 / 10:33
UPS Target Aviat Manufacturing country Rafale to get more lethal as IAF asks Dassault to integrate Astra Missile
Astra Air’ to air missile on the combat aircraft. The move, if implemented could prove to be a big step for the ‘Make in India’ initiative, wherein indigenously made weapons would be integrated into the globally popular fighter jet.  The French made Rafale Fighter jets are used by many countries including India, France, Egypt, Qatar and many others along with Greece, Croatia, UAE and Indonesia, have placed orders for these planes.
23.07 / 09:43
UPS Target Aviat Progressive Manufacturing performer 2024 See Nifty50 target of 21,000 by December 2024 in base case scenario: Vinod Nair
We had positive consideration for a few sectors and optimism for India’s long-term economic progress. However, we recognised the near-term risk of India underperforming the rest of the world, being the most expensive market in the world. We were 100% and 40% overvalued compared to China and EMs at that time.
23.07 / 09:39
Twitter Aviat CEO Apple social Woman pees on airline floor, alleges the crew didn't let her use the washroom
Also Read: Air India explores opportunities with Apple, CEO visits US HQ In a recent incident, an airline passenger peed on the aeroplane floor, because she was not allowed by the flight staff to use the rest room for hours. The bizarre incident took place on a US-based Spirit Airlines, where the women alleged that she was “forced to urinate" on the flight mid-air because the airline staff didn't allow her to use the wash room, reported View From The Wing. Also Read: Air India-Vistara merger: CCI to examine if combined entity will hurt competition in aviation After waiting for hours for the doors of the rest room to open, the woman urinated on the floor of the aircraft.
23.07 / 06:59
COST Aviat Manufacturing Airlines rights Turkish Airlines grounded before launch as Minister delays air rights
One of the world’s biggest airlines, Turkish Airlines, has been forced to put its plans of expanding services into Australia indefinitely on hold after it failed to win government approval in time for an expected launch of highly sought after capacity to Europe from Melbourne and Sydney.
22.07 / 13:09
Citi Booking Aviat Aware Airlines Discover plane A controversial hack to save on plane tickets carries a 'super big risk,' says travel expert
«Skiplagging» is a money hack for travelers looking to save on airline tickets — but travel experts warn the practice comes with big risks.
22.07 / 06:21
Provident Reuters Aviat Merit Airlines creditors Go First gets claims worth $2.9 billion from creditors: Sources
Go Airlines (India) Ltd has received claims worth Rs 24,000 crore ($2.9 billion) from operational and financial creditors so far as part of the carrier's ongoing insolvency, two banking sources told Reuters. The process is in line with procedural requirements under Indian law which allow every creditor a right to payment and remedy by submitting claims if a company is under bankruptcy. Once the claims are filed, the resolution professional has to check its authenticity. «Claims from the lenders are around Rs 5000 crore, while lessors' claims amount to Rs 180 crore so far,» a banker with a state-run bank, who has exposure to Go Airlines said, after a meeting of the committee of creditors on Friday. The bankers did not wish to be identified because they were not authorised to speak to the media. Go Airline's resolution professional has yet to verify the veracity of the claims and did not immediately respond to a Reuters' email seeking comment.
21.07 / 20:07
UPS Citi Aviat Amsterdam wants ships to moor less, votes to move terminal out of city in latest hit to tourism
Amsterdam wants to move a cruise liner terminal out of the heart of the historic capital city
21.07 / 19:07
UPS Aviat Aware Airlines Go First gets conditional nod to resume flights
The civil aviation regulator has granted conditional approval for Go First to resume flights with 15 aircraft or 114 daily flights, in a respite to the airline that has been grounded since its bankruptcy filing in May. The low-fare airline may resume scheduled flight operations on the availability of interim funding and the approval of flight schedule by the Directorate General of Civil Aviation (DGCA), the regulator said in a statement.
21.07 / 18:29
Provident Aviat Airlines IBC NOT Willis Lease Finance not an operational creditor, says SpiceJet
NEW DELHI : Budget carrier SpiceJet has told the National Company Law Tribunal (NCLT) on Friday that Willis Lease Finance is not among the four operational creditors of the airline and hence, its petition against the airline to initiate a corporate insolvency resolution process is dismissable. After the hearing, the court deferred the proceedings and the tribunal is now scheduled to hear the matter on 31 July. Challenging the maintainability of the petition, senior counsel representing SpiceJet Krishnendu Dutta said Willis isn’t among the airline’s four operational creditors.
21.07 / 13:53
Aviat NOT Willis Lease Finance not an operational creditor, SpiceJet tells NCLT
₹89.3 crore as on 4 November 2022, together with interest calculated until 30 September 2022. Willis Lease Finance Corp.
21.07 / 10:49
UPS Aviat Airlines DGCA accepts Go First resumption plan, sets riders
Go First may resume scheduled flight operations on the availability of interim funding and approval of flight schedule by DGCA. Cash-strapped Go First, which had been flying for more than 17 years, stopped operations on May 3.
21.07 / 09:27
Aviat Airlines show 'Sweet IndiGo ladies': Priyanka Gandhi shares appreciation post on 'pleasant' flight to Gwalior
₹2000 every month to the women heads of families.A post shared by Priyanka Gandhi Vadra (@priyankagandhivadra) Soon after she dropped the pictures, her followers swamped the comment section with red hearts and fire emoticons. “This shows simplicity can bring people closer to you," a fan commented. Another fan wrote, “Brave girls!!“ Earlier, the airlines became the only Indian carrier in the list of the World’s top 10 most active airlines.
21.07 / 08:31
Aviat Manufacturing CEO Airlines Apple Boeing performer Air India explores opportunities with Apple, CEO visits US HQ
Tata Group-backed Air India is exploring opportunities with tech giant Apple, with the airline's chief executive officer Campbell Wilson visiting Apple headquarters in Palo Alto, US. "Dr Satya Ramaswamy and I, together with some of our colleagues, also spent time at Apple's head office in Palo Alto to explore opportunities for even deeper collaboration," Wilson told the airline's employees in an internal email.
21.07 / 08:23
FIVE Aviat Airlines show country Drunkenness most “unacceptable” in-flight behaviour: YouGov survey
In another addition to the growing list of instances of unruly behaviour by passengers mid-air, a senior Air India official was slapped and abused by a passenger on a Sydney-New Delhi flight last week. From ‘pee-gate’ under the influence of alcohol, to physical abuse, incidents of unruly behaviour on Indian skies have evoked a sense of disgust and embarrassment among the masses. A recent YouGov survey shows that among all unacceptable in-flight behaviour, drunkenness tops the list for urban Indians.
20.07 / 18:47
Citi FIVE Aviat Action Airlines Simulation Traffic House aims to ease air travel delays with more money for air traffic controllers
The House has overwhelmingly passed a bill that would give the Federal Aviation Administration more money to hire air traffic controllers
20.07 / 14:11
COST Aviat Mobile Software Boeing Tesla SpaceX Reliable Robotics gets FAA approval to test automated aircraft systems
Reliable Robotics, a Silicon Valley startup aiming to automate conventional fixed-wing planes, has received approval from the Federal Aviation Administration to proceed with its plan to test and certify fully automated aircraft systems, the company said on Thursday. «We're three to four years out from being able to remotely operate these aircraft at any kind of reasonable scale,» said Robert Rose, co-founder and chief executive of the Mountain View, California-based company which aims to license its autonomous flight system to other companies.
20.07 / 08:11
FIVE Aviat country Here are the top 5 upcoming airports in India that will elevate the country's aviation profile
Here are the top five upcoming airports in India t... moreHere are the top five upcoming airports in India that will further elevate the country's aviation profile.
20.07 / 01:35
Citi Digital Aviat Platform travelers Business Travelers to Buy Tickets with Digital Yuan – China’s CBDC Takes to the Skies
Chinese business travelers will be able to buy air tickets using the digital yuan, as the nation’s central bank digital currency (CBDC) pilot takes flight.
19.07 / 21:31
COST UPS Citi Aviat CEO United Airlines says it made $1 billion in the second quarter and sees strong remainder of 2023
United Airlines is reporting a profit of more than $1 billion for the first part of the peak summer travel season
19.07 / 19:43
UPS Provident Cooper Aviat Aware Manufacturing Airlines Leases Go First may have to sign new leases before relaunch
NEW DELHI : Go First must sign fresh lease agreements for 30-35 aircraft since lessors have already terminated the previous ones following its insolvency filing, two people aware of the development said, delaying the low-fare airline’s plans for a quick return to skies. “While the airline is making active efforts to relaunch flight operations, it will need to re-enter into fresh lease agreements or get the termination revoked by the lessors in case it wants to operate these 30-35 aircraft whose lease agreements were terminated around the time the airline filed for insolvency," one of the two people said. Go First filed for insolvency on 2 May and suspended operations with effect from 3 May, leaving a void of 6.8% in the domestic civil aviation market.
19.07 / 18:57
Provident Aviat JPMorgan Cisco AT&T Omnicom Stocks making the biggest moves midday: Carvana, Goldman Sachs, AT&T and more
Check out the companies making headlines in midday trading.

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