India gives a big boost to MRO industry with uniform 5% IGST on aircraft components

India gives a big boost to MRO industry with uniform 5% IGST on aircraft components

17 Jul 2024

India has started levying a uniform 5 per cent  Integrated Goods and Services Tax (IGST) on aircraft parts, beginning 15 July

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.

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)

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.

Akasa Air places order for 150 Boeing 737 MAX Aircraft

Akasa Air places order for 150 Boeing 737 MAX Aircraft

19 Jan 2024

Akasa Air, India’s newest airline, has placed orders for 150 fuel-efficient Boeing 737 MAX aircraft, a record for an India carrier with just 17 months of operational life.

NASA, Lockheed revive supersonic travel dreams with X-59 QueSST aircraft

NASA, Lockheed revive supersonic travel dreams with X-59 QueSST aircraft

15 Jan 2024

US space agency NASA and defence aircraft maker Lockheed Martin on Friday jointly unveiled a prototype of the agency’s experimental aircraft X-59

Boeing's 737 Max 9 incident raises safety concerns and prompts grounding

Boeing's 737 Max 9 incident raises safety concerns and prompts grounding

08 Jan 2024

An emergency landing of an Alaska Airlines Boeing 737 Max 9 in Portland, Oregon, USA, has prompted the Federal Aviation Administration (FAA) to order inspections, affecting about 171 planes owned by Alaska, United, and other carriers.

IndiGo announces removal of fuel charges amid ATF price drop

IndiGo announces removal of fuel charges amid ATF price drop

04 Jan 2024

IndiGo, one of India’s leading airlines, announced on Thursday, 4 January 2024, that it would eliminate fuel charges on all domestic and international flights.

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