HAL gets Rs50,000-cr defence ministry order for 156 Light Combat Helicopters

HAL gets Rs50,000-cr defence ministry order for 156 Light Combat Helicopters

19 Jun 2024

Ministry of defence has issued a Request for Proposal (RFP) to Hindustan Aeronautics Ltd (HAL) for the purchase of 156 Light Combat Helicopters (LCH), estimated to cost around Rs50,000 crore.

Singapore Airlines gets 25.1% stake in Air India after Vistara merger

Singapore Airlines gets 25.1% stake in Air India after Vistara merger

09 Jun 2024

Singapore Airlines will have 25.1 per cent stake in Air India after the National Company Law Tribunal (NCLT) on Thursday approved the merger of Air India and Vistara.

Isro carries out second landing test of Reusable Launch Vehicle

Isro carries out second landing test of Reusable Launch Vehicle

25 Mar 2024

Indian Space Research Organisation (Isro) on Friday successfully carried out a second test landing of its Reusable Launch Vehicle, Pushpak.

NCLAT upholds Jalan-Kalrock Consortium’s resolution plan for Jet Airways

NCLAT upholds Jalan-Kalrock Consortium’s resolution plan for Jet Airways

14 Mar 2024

The National Company Law Appellate Tribunal (NCLAT) has upheld the debt resolution plan for bankrupt Jet Airways submitted by the Jalan-Kalrock Consortium (JKC)

Govt reviews FDI policy on space sector

Govt reviews FDI policy on space sector

07 Mar 2024

The Government of India has amended the extant Foreign Direct Investment (FDI) policy in order to open up the on space sector for overseas investors.

China’s COMAC challenges Boeing, Airbus with its C919 passenger aircraft

China’s COMAC challenges Boeing, Airbus with its C919 passenger aircraft

21 Feb 2024

Commercial Aircraft Corporation of China (COMAC) is actively participating in the ongoing Singapore Airshow 2024, with its C919 passenger aircraft and the smaller ARJ21 regional jets

Akasa Air to start international operations by March-end

Akasa Air to start international operations by March-end

20 Feb 2024

Akasa Air, has announced plans to start flight services to overseas destinations by the end of March 2024, to become the first Indian airline to start international services within 19 months of commencing operations.

SpiceJet to lay off 1,400 employees to cut costs

SpiceJet to lay off 1,400 employees to cut costs

12 Feb 2024

Budget carrier SpiceJet will cut 15 per cent jobs, reducing its workforce by around 1,400 as part of its efforts to reduce operating costs and improve investor returns.

Bengaluru-based start-up develops green propulsion system for spacecraft

Bengaluru-based start-up develops green propulsion system for spacecraft

05 Feb 2024

Bellatrix Aerospace Pvt Ltd, a Bengaluru-based start-up, funded by Defence Research and Development Organisation (DRDO), has developed a `Green Propulsion System’, which uses a green monopropellant thruster for altitude control

MIAL faces residents’ ire as company starts demolition work at Air India colony

MIAL faces residents’ ire as company starts demolition work at Air India colony

27 Jan 2024

Mumbai International Airport Ltd (MIAL) on Thursday initiated demolition of 20 vacant buildings at the Air India Colony, Vile Parle, Mumbai

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