Pratt & Whitney plans to reserve roughly 13% of this year’s production of its geared turbofan engines to replace faulty units as the manufacturer rushes to deal with a series of glitches.
Zoom Air will soon look at raising funding for business expansion. India’s newest full service airline, which marked its entry as the 12th operational carrier in the domestic aviation market on February 15, 2017
Private corporations have a key role to play in accelerating India’s economic growth, according to experts. The World Bank has forecast 7% economic growth in India this year, making it the fastest growing large economy in the world.
Qatar Airways Ltd may order 100 new jetliners before the end of this year to power its push into India and also plans to announce two new routes to the UK even as the country prepares to exit the European Union, chief executive officer Akbar Al Baker said.
After crash landing in 2016, airline stocks are taking off again. Since mid-February, shares of IndiGo parent InterGlobe Aviation Ltd, Jet Airways (India) Ltd and SpiceJet Ltd have risen between 28% and 68%. Interestingly
Our 1-month forward fare tracker for 11 routes shows a flattish fare trend over a seasonally weak Q4; average fares declined y-o-y/q-o-q.
Jaitley in the Union Budget allotted Rs 1,800 crore against Air India’s demand of Rs 2,587 crore
International Air Transport Association’s operational safety audit certification given to Air India
Private charter firms Deccan Charter and Air Odisha together are learnt to have bagged around 50 regional air routes to propel the government’s ambitious regional connectivity scheme, UDAN.
A Sharjah-bound Air Arabia flight carrying 182 passengers and crew from Kathmandu made an emergency landing at Lucknow airport after the aircraft suffered a bird hit.