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Air India Expecting Better Revenues in Current Financial

Air India Expecting Better Revenues in Current Financial

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.

Boeing Celebrates Rollout of First 737 MAX 9

Boeing Celebrates Rollout of First 737 MAX 9

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.

Major orders are still awaited and the delay in decision making is affecting the credibility of Indian Industries with OEMs, says Jayant D Patil.

Major orders are still awaited and the delay in decision making is affecting the credibility of Indian Industries with OEMs, says Jayant D Patil.

Orders to Private Sector seem to be getting mired under repeated decision cycles while conclusion of contracts has been visible in favour of foreign OEMs and DPSUs. The pace of decision making nearly adds a clear year between contract conclusion and award of contract. This only adds cost at the hands of the contractor due to inflationary trends. This calls for process reforms, says Jayant D Patil.

DRDO hands over its developed products to Indian Army

DRDO hands over its developed products to Indian Army

Defence Research and Development Organisation (DRDO) handed over three of its products for induction into the Indian Army in a formal function here today.

Defence to emerge as the largest business bet of Reliance Infra in years to come, says Anil Ambani

Defence to emerge as the largest business bet of Reliance Infra in years to come, says Anil Ambani

With 27 industrial licenses for manufacturing various defence equipments for Army, Navy and Air Force, Reliance Infra (RInfra) is confident of becoming one of the leading defence companies in India, its Chairman Anil Ambani said on Monday at an analysts meet.

Gen Bipin Rawat :The Next Generation In Kashmir Should Not Live Through The Sounds of Gunfire and Smell of Explosives

Gen Bipin Rawat :The Next Generation In Kashmir Should Not Live Through The Sounds of Gunfire and Smell of Explosives

Insurgency is doing no good to the people of Kashmir and it is the young boys (the Kashmiri’s) who are suffering, said India’s Chief of Army Staff, General Bipin Rawat on the back of growing incidents of insurgency in South Kashmir.

PM Modi clears air defence missile deal with Israel for Rs 17,000 crore

PM Modi clears air defence missile deal with Israel for Rs 17,000 crore

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.

Pax traffic continues  solid growth; SpiceJet most punctual airline

Pax traffic continues solid growth; SpiceJet most punctual airline

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.

Aero India 2017: Airbus Eyes India’s Defence And Civil Helicopter Markets

Aero India 2017: Airbus Eyes India’s Defence And Civil Helicopter Markets

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.

Air India inducts first A320neo into its fleet

Air India inducts first A320neo into its fleet

Aiming to bolster its capacity in the domestic market, Air India today inducted the first Airbus A320neo aircraft into its fleet