Month: March 2019

IAF’s MiG 27 Aircraft Crashes near Rajasthan

March 31, 2019

Jodhpur: A MiG 27 aircraft of the Indian Air Force (IAF) crashed on Sunday near Jodhpur in Rajasthan but the pilot ejected safely, sources said. The MiG 27 UPG jet took off from Utarlai air force base, but experienced engine problems leading to the crash around 11.45am in Sirohi district about 120km south of Jodhpur, […]

Jet Airways operations may get hit from Monday

March 31, 2019

In a fresh bout of turbulence for Jet Airways, the engineers of the airline have now indicated that they will stop maintaining the inactive fleet of over 80 planes from April 1 as pending salary dues have still not been paid. Sources close the development have told CNBC-TV18 that the engineering department held a meeting […]

Mumbai Airport To Resume Operations After 21-Day Shutdown For Runway Repairs

March 31, 2019

GVK led Mumbai International Airport Limited (MIAL) has completed its runway re-carpeting and maintenance work at the intersection and the Mumbai international airport will resume regular normal operations today (Saturday) 5:00 pm onward, after a 21-day shutdown. The airport was able to complete the re-carpeting work of the runway within its stipulated six-hour shutdowns thrice […]

MH370 SHOCK: What pilot who ‘MADE CONTACT with doomed jet’ claims he heard

March 30, 2019

MH370, which mysteriously went missing more than five years ago, was flying from Kuala Lumpur to Beijing with 239 people on board. Captain Zaharie Shah last communicated with air traffic control at 1.19am when the plane was flying over the South China Sea. However, a pilot who was flying 30 minutes ahead of MH370 has […]

Engine snag: IndiGo flight diverted to Kuwait

March 30, 2019

New Delhi: Budget passenger carrier IndiGo on Friday said its Delhi-Istanbul flight had to be diverted to Kuwait due to an engine snag. According to the airline, the snag hit its A320 NEO aircraft which was en-route from Delhi to Istanbul. “The root cause is yet to be determined. The Aircraft landed safely in Kuwait […]

IndiGo cabin crew walk-in until April 26

March 29, 2019

IndiGo Airlines is now conducting walk-in interviews at various locations to select cabin crew for their Airbus A320 & ATR fleet. Locations and timings: I. Cabin Crew: A320 Kolkata 29-Mar-19 8AM – 10AM Hotel: Novotel,CF-11,Action Area 1C,New Town,Rajarhat Gurgaon 6-Apr-19 10AM – 1PM InterGlobe Aviation Limited (IndiGo),Level 2, Tower C, Global Business Park, MG Road […]

How the Modi govt avoided an IL&FS repeat with Jet Airways

March 29, 2019

New Delhi: Quick action on the Jet Airways crisis—emergency bank funding of ₹1,500 crore and the exit of chairman Naresh Goyal as part of a bailout plan—is the latest example of the government stepping in to prevent a high-profile corporate collapse. The move has multiple goals—saving ‘Brand India’ from the taint of a bankruptcy, saving […]

Jet Airways may have 80% fleet flying by April-end: Pradeep Kharola

March 28, 2019

NEW DELHI: Financially-troubled Jet Airways on Tuesday assured the government that it will not ground any more aircraft and strive to increase the seat-capacity in coming weeks. “They (Jet Airways) have assured us that no more jets will be grounded. Today, 35 planes are flying,” said Pradeep Singh Kharola, Secretary in the Ministry of Civil […]

The Curious Case Of Jet Airways’ Balance Sheet: Why Was Company Spending So Much On Sales?

March 28, 2019

Contrary to the commonly held perception that Jet Airways suffered huge losses due to the rising cost of fuel and on account of offering seats below its production cost, the company’s balance sheets show abnormally high expenses on sale and distribution as one of the major reasons for its poor financial health. The company’s filings […]

Tatas investing in aviation, buy stake in GMR

March 28, 2019

New Delhi/Mumbai: After airlines, the Tata Group is making a foray into airports. The conglomerate will invest Rs 3,555 crore for a 20% stake in GMR Airports, which runs the Delhi International Airport, the country’s biggest and Asia’s sixth largest. The proposed stake-purchase has been routed through Tata Sons, which also owns majority stakes in […]

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