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Aviation Ministry Top Stories
In a move that could boost affordable direct connectivity between India and distant continents, the government has conditionally relaxed the rule of allowing Indian carriers to wet lease aircraft (hire with entire operating crew) for a maximum of six months by doubling that period to a year. Accordingly, IndiGo can now wet lease two twin […]Continue Reading
Aviation Top Stories
India’s aviation sector is expanding rapidly and the overall fleet size is expected to almost double in the next five years, said Union Aviation Minister Jyotiraditya Scindia, reports ANI. Speaking at industry body Assocham’s CEOs roundtable on Tuesday, Scindia said, “In five years, we are looking at 1,200 fleet size in the country which will […]Continue Reading
Aviation Top Stories
Low-cost carrier SpiceJet Ltd said on Tuesday it has entered into a settlement agreement with aircraft lessor Goshawk Aviation Ltd and its affiliates related to three Boeing aircraft, reports Reuters. The airline said that the agreement – the terms of which are confidential – ends all litigation proceedings between the parties, adding that this will […]Continue Reading
Aviation Top Stories
Tata Group-owned Air India is considering buying more than 200 new planes with 70 per cent of them being narrow-bodied aircraft, aviation industry sources said. While Air India has zeroed in on Airbus’s A350 wide-bodied aircraft for the procurement, the talks with Airbus and Boeing for narrow-bodied aircraft is still on, they said. A wide-bodied […]Continue Reading
Aviation Ministry Top Stories
The Ministry of Civil Aviation (MoCA) has proposed a new law that will help international aircraft leasing companies to reposess and transfer planes out of India in case of a financial dispute with an Indian airline at a time many regional airlines have been refused planes on rent, reports The Hindu. The Ministry has sought […]Continue Reading
Aviation Top Stories
Increased corporate activities, key events taking place in the city and state, coupled with the upcoming assembly elections in the state have led to a rise in high-profile and VVIP movement in Ahmedabad, reports Niyati Parikh for TOI. The non-scheduled aircraft traffic at the Sardar Vallabhbhai Patel International Airport (SVPIA) has nearly doubled in the […]Continue Reading
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