The Government has approved the proposal for revival of 50 un-served and under-served airports and airstrips of the State Governments, Airports Authority of India, Civil Enclaves and CPSUs in the three financial years from 2017-18 at an estimated cost of Rs. 4500 crores.
Air India is expecting to report better revenues in Financial Year 2016-17 as compared to FY 2015-16, the Minister of State for Civil Aviation Jayant Sinha in written reply to a question in Lok Sabha on Friday.
The 737 MAX 9 is the second member of Boeing (NYSE: BA) marked a milestone today as the first 737 MAX 9 made its debut in front of thousands of Boeing employees. Boeing’s industry leading 737 MAX family, with a maximum capacity of 220 passengers and a range of 3,515 nautical miles.
Giving a strong push to India-Israel defence ties, Prime Minister Narendra Modi on Wednesday cleared a mega deal for the Army worth Rs 17,000 crore to acquire the Medium Range Surface to Air Defence Missile (MR-SAM) system from Israel to protect India’s airspace from enemy aircraft and drones.
India’s air passenger traffic crew by 25.13% in January 2017 with domestic airlines carrying 95.79 lakh passengers as against 76.55 lakh during the corresponding period last year.
As India looks to modernise its ageing fleet of helicopters under the Make in India programme, Europe’s Airbus Helicopters is looking to tap both the defence and civil helicopter market In India.