Fleet

The decision, announced in a regulatory filing on March 28 was attributed to evolving commitments on both sides, making it difficult to complete the transaction within the planned timeframe.

Air India has taken deliveries of 5 leased narrow body planes so far: CEO Campbell Wilson

The new Air India CEO also thanked Air India's risk monitoring and fraud prevention unit adding that the team has prevented revenue loss of over Rs 3 crore in the last 18 months

Air Asia India completes transfer of A320 VT-ATJ aircraft to Air India Express as part of fleet merger

The fleet merger by the airlines is part of the Tata Group's plan of creating two distinct airlines through mergers: a low-cost carrier formed by merging AirAsia India and Air India Express, and a full-service carrier created by combining Air India and Vistara.

BluSmart crossed Rs 400 crore in ARR, plans to double fleet size to 10,000: Co-founder Anmol Singh Jaggi

BluSmart's cofounder said that the firm has reported a operating revenue of Rs 170 crores as of FY23 as against Rs 29 crores in FY22.

Air India onboarded 650 pilots since April this year, says CEO

Besides, Air India's widebody Boeing 777 fleet will have two more B777s by the first week of this month, with one of them already added to the fleet, which will help the airline enhance services to the US and upgauge capacity, he said.

Maersk plans to add 300 EVs to its fleet in India by October

Maersk has already deployed over 200 Electric Vehicles (EVs) across 15 cities in the country, and is planning to expand to another 11 cities, taking its overall EV fleet to over 500, the company said.

Mega flight plan: IndiGo’s historic record order a pointer to an exciting future

A loyalty programme confirmed recently, could see IndiGo getting closer to the full-service model. If so, then business class, loyalty programme, and even seat-back entertainment screens could be on the anvil.

Uber revamping app to bring down cancellations, maximise earnings for drivers

While the company has already introduced customer rating, mode of payment and destination features, the upfront pricing feature for drivers is being tested in a few cities to study the market reactions and imbalances if any, Manikandan Thangarathnam, senior director of mobility and platforms at Uber, has said

Akasa Air plans three-digit order for aircraft fleet to fly overseas by year-end

The company's founder and Chief Executive Officer, Vinay Dube said it plans to go international by the year-end and intends to set up a learning academy in Bengaluru.

GO FIRST inducts 55th Airbus A320neo aircraft to its fleet

The no-frills carrier has been tackling multiple challenges including having around 25 aircraft grounded, mostly because the Pratt & Whitney (P&W) engines that power its A320 fleet are not available.

Air India plans to triple its fleet of 113 jets in five years

“The airline is in discussions with aircraft and engine manufacturers on procuring new aircraft,” Air India Chief Executive Campbell Wilson said in New Delhi Tuesday.

Akasa Air expects to operate over 150 weekly flights by September-end

It will also start a new route connecting Bengaluru with Chennai from September 10.

BEST's entire fleet will have electric buses by 2028: Aaditya Thackeray

Aaditya Thackeray, who is also the guardian minister of Mumbai suburban district, said double-decker buses operated by the BEST will run on either electrical energy or hydrogen fuel cells, whichever is more capable.

AirAsia has grounded around 90% of fleet amid COVID-19 surge: Executive

AirAsia Malaysia expects demand could start to rebound from August, allowing it to restore service to all 17 of the domestic airports it serves by October, Chief Operating Officer Javed Anwar Malik said at a CAPA Centre for Aviation event on Wednesday.

Editor's Take | IndiGo cancelled over 50 flights: Was it just the hailstorm?

Even as IndiGo claimed that the natural phenomenon had a ripple effect on overall operations, there could be chances that the airline is facing a shortage of pilots.

New aircraft to trim costs by 15-17% in long run: SpiceJet Chief

With fuel burn at 20 percent less than the existing fleet, the new airplane range will help reduce costs, said Ajay Singh, CMD of SpiceJet. The low-cost carrier, on January 13, announced a mammoth deal worth Rs 1,50,000 crore to purchase 205 aircraft from the US-based aircraft maker Boeing.

SCI hopes for better Q3 on strong tanker segment, expansion plan

In an interview with CNBC-TV18, Anoop Sharma, Chairman and MD of SCI, said the second quarter of this financial year was weak due to the decline in the earnings of the tanker segment. The offshore fleet was also not utilised due to the monsoon adding to the losses in the second quarter.

Tata Sons, S'pore Airlines to invest Rs 250 cr more in Vistara

Owners Tata Sons and Singapore Airlines are reportedly planning to infuse Rs 250 crore via rights issue into the airlines to aid these plans. Last month, Rs 150 crore has been invested into the company.

IndiGo captain Ghosh switches seatbelt sign on as fare war looms

IndiGo CEO Aditya Ghosh said in the call that IndiGo may have to delay taking delivery of additional A320neo planes, because of the problems in the Pratt & Whitney engines, CNBC-TV18 reports.

Round-up: Club One Air expands its fleet to 10 aircraft

Private jet operator Club One Air has added one more Falcon 2000, taking its fleet size to ten.

Will set up new subsidiary for inland waterways: Shipping Corp

BB Sinha, CMD, Shipping Corporation of India (SCI) says, the company will have more revenue days in the fourth quarter as only three ships were in dry docking compared to 9 ships in the third quarter.

SpiceJet considering Embraer jets to expand its fleet

SpiceJet, which has activated plans to place orders for new planes to expand its fleet strength, is considering Embraer jets for its fleet among others. The Brazilian aircraft maker had late last year given a presentation on its aircraft to the SpiceJet management, top airline sources said.

Etihad raises $500 mn with partners

The airline, in a release said, the funds were mopped up through a series of road shows held across Abu Dhabi, London and Dubai. Of the total funds raised, while Etihad Airways, Etihad Aiport Services, Air Berlin and Alitalia each would get 20 percent share, Indian carrier Jet Airways would get 16 percent, the airline said.

IndiGo all set to file DRHP with Sebi on June 30: Sources

The airline plans to raise up to USD 400 million through the IPO. The valuation of IndiGo is pegged at about USD 1.6 billion.

SpiceJet rises 8% on biz plan; to add fleet for expansion

Singh, the original co-founder, has so far invested about Rs 800 crore into the no-frills airline since he took back the reins last December after a major crisis had hit the company. Under the revival plan, Singh was to invest Rs 1,500 crore in the carrier.