GMR Airports Infrastructure Ltd (GIL) has revealed its plans to merge GMR Airports Limited with GIL, which is expected to be concluded within the next financial year pending regulatory approvals. According to the company’s statement, the merger will enhance GMR’s partnership with Aeroports de Paris SA (Groupe ADP) to a higher level. GIL stated that
During the CAPA India Aviation Summit in New Delhi, Air India Ltd. CEO Campbell Wilson revealed that the company is in discussions with banks to finance its latest aircraft order, thanks to the support of its new owner, Tata Sons Ltd. Wilson assured that the financing of the aircraft is available since they already received
On Monday, Jyotiraditya Scindia, India’s civil aviation minister, announced that the country has implemented measures to enable airlines to lease additional aircraft, in order to address the capacity shortfall caused by the resurgence of travel post-pandemic. The aviation industry is bouncing back swiftly from the restrictions imposed due to the coronavirus pandemic, which caused airlines
On Monday, Jyotiraditya Scindia, the Civil Aviation Minister, emphasized the vast potential for growth in India’s aviation sector and advocated for the country to explore manufacturing aerospace products. Scindia also predicted that domestic airlines will acquire approximately 2,000 aircraft in the next five to seven years. During a summit organized by aviation consultancy CAPA, the
Due to high oil prices and terminal capacity constraints at airports, airlines will be reducing the number of domestic flights they operate during the summer of 2023 compared to the previous year. The Directorate General of Civil Aviation (DGCA) has approved airlines for 22,907 weekly flights in the summer schedule of 2023, according to data
According to India’s aviation regulator DGCA, the country’s airlines will be running 22,907 weekly domestic flights during the upcoming summer schedule, which begins on March 26. The airlines flew 21,941 weekly flights during the previous winter schedule, and this number increased by 4.4% to represent the current number. It’s worth noting that the summer schedule
Skytrax, an international air transport rating organization, named the Indira Gandhi International Airport (IGIA) in Delhi as the top airport in India and South Asia. The airport has also improved its ranking, moving from 37th in 2022 to 36th position this year. The GMR Airports Infrastructure Ltd-led consortium operates IGIA through Delhi International Airport Ltd
An internal memo cited by PTI reported that Air India has announced a second voluntary retirement offer for its non-flying staff. This offer comes after the Tata Group took control of the airline in January last year, and is similar to a previous offer. The offer is only available to permanent general cadre officers aged
To meet the increasing demand for aircraft and expand their manufacturing presence in India, Boeing Co. and Airbus SE are turning to the country for highly-skilled yet cost-effective engineers. India, being the world’s fifth-largest economy, is proving to be an attractive destination for both plane manufacturers. Airbus has plans to hire 1,000 employees in India
For technical reasons, Air India canceled the flight to the national capital, marooning roughly 300 passengers at Chicago airport since Tuesday. Despite some passengers lodging complaints, there is still no clear indication of when they will be able to fly to Delhi. At 13:30 local time on Tuesday, Gopal Krishan Solanki Radhaswami scheduled to depart
