With the Union Budget 2023 around the corner, the Aviation Ministry is looking to garner more private investment in the aviation sector. The ministry is aiming to generate Rs 20,000 crore through asset monetization. This would include the privatization of 11-12 airports, including Raipur, Jaipur, Vijaywada, Kolkata, and Indore. The estimated revenue generated through this
The news of the seizure of four aircraft belonging to Jet Airways has come as a shock to the aviation industry in India. Jet Airways, one of the leading airlines in the country, has been struggling with financial issues since the beginning of the year. The airline was forced to shut down operations due to
Avolon’s paper on global airline traffic is a much-needed look at the current state of the industry, and a hopeful outlook for its future. After a tumultuous year of losses, airlines have been able to recover to near-pre-pandemic levels of traffic. It is largely due to the strength of Europe and North America last year.
The aviation industry is facing a significant safety challenge in light of the recent incident on an Indigo flight, in which an air passenger opened the emergency door and created panic. The incident took place on December 10, when the IndiGo 6E flight 6E-7339 was traveling from Chennai to Trivandrum. Fortunately, the situation was pacified
The Indian market has become one of the fastest-growing aviation markets in the world, with domestic air traffic growing at a rapid rate. This growth has been particularly strong for budget carrier IndiGo, which is India’s largest airline by market share. The airline has been able to capitalize on the surge in demand for domestic
Asteria Aerospace, a full-stack drone technology company, recently announced that it has received type certification for its indigenously designed and manufactured A200-XT drone from the Directorate General of Civil Aviation (DGCA). This certification marks a major milestone for the company and makes it the first company to have two DGCA-certified drones, allowing the company to
GoFirst, the budget airline, has announced a great offer on domestic and international airfare. With fares starting as low as Rs 1,199 and international fares starting at Rs 6,599. It’s a great opportunity for anyone looking to travel without breaking the bank. The promotion is valid for tickets booked between January 16 and 19, and
Nepal Plane Crash: 5 Indians Onboard Yeti Airline Flight Killed, Here Are Their Names A 72-seater passenger aircraft crashed on the runway at Pokhara International Airport in Nepal on Monday, leaving at least 42 people dead and many more injured. Rescue operations are also underway, and the airport is closed for the time being. According
On Sunday morning, the Yeti Airlines’ Twin Otter aircraft crash-landed at the banks of Seti River near Pokhara, killing 68 of the 72 passengers on board. The plane was flying from Kathmandu to the resort city of Pokhara. The plane crashed just after it attempted to land at the newly-opened airport in Pokhara. Local villagers
The Jet Airways and Etihad Airways’ partnership has been a long and winding road, and it’s finally come to an end. In 2013, Jet Airways announced that it was selling a 24% stake in the airline to Etihad Airways for around INR26.7 billion rupees (USD325 million). This strategic alliance was designed to expand the networks.
