The Civil Aviation Ministry is pushing to increase the credit limit available to Indian airlines under the government’s Emergency Credit Line Guarantee Scheme because it is concerned about the weak financial position of these airlines.
Indian Aviation News
The newest airline in India, Akasa Air, has received the first LEAP1B spare engine from SMBC Aero Engine Lease (SAEL), which is pleased to announce.
Air India sets up a coordination team to address airport-specific problems, according to internal communication, Tata took over Air India in January this year
Airport operator GMR Group announced that it would sell its entire 40% stake in Cebu international airport in the Philippines in exchange for an upfront payment of Rs. 1,330 crore
Alliance Air, which is owned by the government, pilots has gone on strike in protest of the restoration of pre-Covid pay. The airline’s operations have been severely disrupted by the strike, with almost three-fourths of all flights being cancelled.
Afcom Holdings, an international cargo airline based in Chennai, has received its first Boeing 737 Freighter. Since September 2021, Afcom has been operating thanks to a strategic partnership with its commercial carrier partners.
It all increases out of India’s major concern for control and supremacy in its maritime domain. Independent India took over than half a century to enunciate that the arc of the Indian Ocean between the Straits of Hormuz and Malacca is a zone of its strategic concerns.
Directorate General of Civil Aviation (DGCA) reported on Thursday that an IndiGo flight headed for Udaipur turned around and returned to the capital due to “engine vibrations,” and that the aircraft has since been grounded.
Boeing, a US-based aircraft manufacturer, anticipates Indian airlines will increase their capacity by at least 25% over the upcoming year.
Sanjeev Taneja, the chief financial officer of SpiceJet, resigned on Wednesday. The resignation is reported to have occurred in the midst of expanding losses and numerous mid-air mishaps.