The aviation regulator issued its July 14 directive following the preliminary investigation into the crash of Air India Flight AI171 on June 12, near Ahmedabad airport. Air India has completed precautionary inspections on the locking mechanism of the fuel control switch (FCS) on all Boeing 787 and Boeing 737 aircraft in its fleet, the airline...
Tag: Air India
Post
Post
The Corridor of Opportunity
All emerging economic and military powers require secure trade routes. Take, for example, the Suez Canal, a vital gateway for global trade. It attracts about 12-15 per cent of global trade and about 30 per cent of global container traffic, with more than $1 trillion in goods transiting annually. The blockage of the Suez Canal...
Post
What Makes Airlines Nosedive?
Airlines need a proper business model to conform to Indian conditions Budget airline Go First hastily filed for bankruptcy protection earlier this month and suspended its operations for a few days. According to reports, the lessors of the 20 aircraft that Go First leased have also petitioned India’s aviation authority to deregister them, enabling their...
Post
Mumbai Aiport directs Air India to evacuate non-operational land
The non-operational property includes 4 employee colonies with 1,600 families
Post
Air India to post operating profit of Rs 300 crore this financial year
Air India is projected to post an operating profit of Rs 300 crore in the current fiscal and there is no plan to privatise the airline, the government has confirmed.
Post
Delhi Airport signs agreement with Airbus to develop first full flight simulator
Delhi International Airport (P) Ltd, a GMR led consortium, has announced that it has signed a land license agreement with Airbus for setting up IndiaÂ’s first full flight simulator at the Aerocity - Terminal District of Indira Gandhi International (IGI) Airport.
Post
Air India to raise over Rs 3,000 crore for purchasing Boeing aircraft
Air India is looking to raise short-term loans worth over Rs 3,000 crore to partly fund the acquisition of four Boeing 787 planes. It plans to induct these four aircraft — part of the 27 aircraft order placed with Boeing Inc in 2006 — between July and October this year.
Post
Air IndiaÂ’s operational losses down 70percent to Rs 161 crore
IndiaÂ’s national carrier has continued to improve its financial performance, reducing operational losses by 70 per cent to Rs 161 crore for the first nine months of the current fiscal year, aided by higher ancillary revenues and higher contribution from subsidiaries.
Post
Air India posts Rs.246 crore loss in April-June quarter
Air India has reported an operational loss of Rs.246.14 crore in the three months ended June 2016. The airline had turned operationally profitable in the previous fiscal. The operating loss in the first quarter of this fiscal has come down from Rs.315.37 crore in the year-ago period.
Post
Air India posts Rs 246 crore operating loss in April-June quarter
Air India has reported an operational loss of Rs 246.14 crore in the three months ended June 2016. The airline had turned operationally profitable in the previous fiscal.