Search results for ' Aviation'

ATF price cut 5.8%; commercial LPG rate hiked

ATF price cut 5.8%; commercial LPG rate hiked

Rediff.com1 Nov 2023

Jet fuel or ATF price on Wednesday was cut by almost 6 per cent after four rounds of monthly increases since July, while commercial cooking gas (LPG) rates were raised by a steep Rs 101.5 per 19-kg cylinder in line with international benchmarks. However, the price of domestic LPG - used in household kitchens for cooking purposes - remained unchanged at Rs 903 per 14.2-kg cylinder. Aviation turbine fuel (ATF) price was cut by Rs 6,854.25, or 5.79 per cent, in the national capital to Rs 111,344.92 per kl from Rs 118,199.17, according to a price notification of state-owned fuel retailers.

Indian airlines to operate 8% more weekly flights in winter schedule

Indian airlines to operate 8% more weekly flights in winter schedule

Rediff.com23 Oct 2023

Indian airlines will operate a total of 23,732 flights every week during the winter schedule, which is more than 8 per cent higher than the year-ago period, amid rising air traffic demand. The winter schedule 2023 -- effective from October 29 to March 30 next year -- for the scheduled carriers has been approved by aviation regulator DGCA. Go First, which stopped flying from May 3 and is undergoing an insolvency resolution process, will not be having any operations during the winter schedule.

Hiring pilots: Air India - Akasa Air battle hots up

Hiring pilots: Air India - Akasa Air battle hots up

Rediff.com31 Oct 2023

Amid concerns over alleged poaching of pilots, Air India told Akasa Air that petitioning a competitor to collude in restricting the rights of staff to change an employer could potentially violate the competition law. Air India CEO and managing director Campbell Wilson wrote a letter to Akasa Air CEO Vinay Dube against the backdrop of Akasa Air raising concerns about Air India Express hiring pilots from the airline. The letter, dated September 21, followed a letter by Dube to Tata Sons on September 11.

Navi Mumbai airport construction facing delays, may start ops in 2025: CAPA

Navi Mumbai airport construction facing delays, may start ops in 2025: CAPA

Rediff.com30 Oct 2023

Navi Mumbai airport's construction is facing delays, and is likely to commence commercial operations in 2025 instead of 2024, aviation consultancy firm CAPA has said in a report. When asked about this matter, the Adani Group told Business Standard that the Navi Mumbai airport project is "being executed as per scheduled implementation plan and will be operational by the original target date of December, 2024, without any delay". Navi Mumbai International Airport Limited (NMIAL), responsible for both the construction and operation of the airport, is a subsidiary of the Adani Group.

Can China Win A War With US?

Can China Win A War With US?

Rediff.com14 Nov 2023

According to the Pentagon report, the PLA is creating options for dissuading, deterring, and defeating external intervention in the Indo-Pacific region.

Karnataka loss makes BJP ease age rule in fierce MP fight

Karnataka loss makes BJP ease age rule in fierce MP fight

Rediff.com13 Nov 2023

Behind its high-decibel campaign, powered by well-organised party machinery, the BJP also appears to have made a slight departure from its 'next generation' approach to stay ahead of an aggressive Congress and enhance its prospects of securing a majority of seats.

Mahatma Gandhi was 'quite a complicated being': Union minister

Mahatma Gandhi was 'quite a complicated being': Union minister

Rediff.com19 Oct 2023

Puri said that Gandhi's "initial life" in the UK, his education prepared him for an "English-style barrister".

Commercial pilot licenses to be valid for 10 years now

Commercial pilot licenses to be valid for 10 years now

Rediff.com16 Oct 2023

Commercial pilot licenses will now be valid for ten years, with the government amending rules as part of efforts to further improve ease of doing business in the aviation sector. Till now, the validity of Commercial Pilot License (CPL) was for five years and after completion of that period, it had to be renewed. The civil aviation ministry amended the Aircraft Rules, 1937.

InterGlobe Aviation m-cap reaches Rs 1 lakh cr; stock rallies over 30% so far this year

InterGlobe Aviation m-cap reaches Rs 1 lakh cr; stock rallies over 30% so far this year

Rediff.com29 Jun 2023

The market valuation of InterGlobe Aviation, the parent of IndiGo, reached Rs 1 lakh crore mark on Wednesday and became the first airline to achieve this milestone. On Wednesday, the stock rallied 3.55 per cent to settle at Rs 2,619.85 apiece on the BSE. In intra-day trade, shares of the company jumped 4.12 per cent to hit its 52-week high of Rs 2,634.25.

Five accidents in six months: DGCA grounds flight training at Redbird

Five accidents in six months: DGCA grounds flight training at Redbird

Rediff.com24 Oct 2023

The Directorate General of Civil Aviation (DGCA) on Monday suspended operations at Redbird Flight Training Academy, one of India's largest flight schools, across all five of its training bases in the country. This action was taken after five accidents involving the institute's planes in the past six months. The DGCA announced it would conduct an audit of the academy's maintenance practices and also proficiency checks of the institute's flight instructors before allowing it to resume operations.

Demand For Choppers Soar As Elections Near

Demand For Choppers Soar As Elections Near

Rediff.com30 Oct 2023

In the months to come, the skies above promise to be a captivating theatre of action, where helicopters play starring roles, ferrying leaders, and echoing the pulse of democracy.

Will This DGCA Plan Reduce Pilot Fatigue?

Will This DGCA Plan Reduce Pilot Fatigue?

Rediff.com6 Nov 2023

Increasing cases of aviators in India complaining of fatigue and in some cases leading to death have spurred the DGCA to bring in draft rules to reduce stress.

Deve Gowda Sacks C M Ibrahim

Deve Gowda Sacks C M Ibrahim

Rediff.com20 Oct 2023

Was C M Ibrahim's Rediff Interview the last straw for Deve Gowda?

2 Indian trainee pilots among 3 killed in Canada plane crash

2 Indian trainee pilots among 3 killed in Canada plane crash

Rediff.com8 Oct 2023

Abhay Gadru and Yash Ramugade, both 25, from Mumbai, were in the small twin-engine light aircraft -- a piper PA-34 Seneca -- which crashed on Friday near the local airport in Chilliwack city, about 100 km east of Vancouver.

Pilot exodus: Akasa stops flights on 8 routes, reduces service on 10 others

Pilot exodus: Akasa stops flights on 8 routes, reduces service on 10 others

Rediff.com5 Oct 2023

Akasa Air has reduced its service on 10 routes and stopped operating flights on eight others since the exodus of pilots began in early July. The airline's flights per week reduced from 945 in June to 754 in October, according to aviation analytics firm Cirium's data, which has been reviewed by Business Standard. The airline currently operates flights on 34 routes. Between June and October, Akasa Air ceased operations on the following: Ahmedabad-Kochi, Ahmedabad-Hyderabad, Ahmedabad-Pune, Bengaluru-Hyderabad, Bengaluru-Chennai, Kochi-Hyderabad, Goa-Lucknow, and Goa-Hyderabad.

2 super high altitude firing ranges made in Arunachal

2 super high altitude firing ranges made in Arunachal

Rediff.com4 Oct 2023

Two super high altitude firing ranges were made available to the armed forces for the practice of various kinds of weapons and surveillance equipment in Arunachal Pradesh within an aerial distance of 50 kilometres from the highly sensitive Line of Actual Control, sources said.

Breath analyser tests: DGCA's diktat for pilots

Breath analyser tests: DGCA's diktat for pilots

Rediff.com3 Oct 2023

Pilots might soon be asked not to use perfume, mouthwash and tooth gel as that may result in positive breath analyser test. The Directorate General of Civil Aviation (DGCA) has sought comments on a draft Civil Aviation Requirements (CAR) wherein it has also proposed barring crew from using any "drug/formulation or use any substance such as mouthwash/tooth gel/perfume or any such product which has alcoholic content". Comments have been sought on the CAR, which pertains to procedure for medical examination of aircraft personnel for alcohol consumption, till October 5.

From Lambretta to Aamby Valley Project: Rise and fall of Subrata Roy

From Lambretta to Aamby Valley Project: Rise and fall of Subrata Roy

Rediff.com16 Nov 2023

The story of Sahara India Pariwar founder Subrata Roy, who died in Mumbai on November 14 aged 75, is the stuff of movies - of a spectacular rise and an equally spectacular fall. Born in Araria, Bihar, Roy was 30 when he set up Sahara in 1978. He started with a capital of about Rs 2,000, a peon, a clerk and his father's Lambretta scooter in Gorakhpur, eastern Uttar Pradesh, writes Tamal Bandyopadhyay in his 2014 book, Sahara: The Untold Story. Sahara was not his first venture.

'Ask Kumaraswamy why he wants to join the BJP'

'Ask Kumaraswamy why he wants to join the BJP'

Rediff.com19 Oct 2023

'This decision to go with the BJP is Kumaraswamy's individual decision and not a party decision.'

A Flying Legend Takes Off For The Ages

A Flying Legend Takes Off For The Ages

Rediff.com31 Oct 2023

Valhalla is undoubtedly enriched by the presence of Unnikrishnan Gangadharan Kartha. He would have already convened the 'fall in' and regaled his friends with tales of the distant land that they once inhabited.

Why Indian Aviation Faces Turbulence

Why Indian Aviation Faces Turbulence

Rediff.com22 May 2023

The inactivity of Go First may help other airlines in India's competitive market as it had a 7.8 per cent market share.

Airfares to rise as IndiGo brings back fuel charge

Airfares to rise as IndiGo brings back fuel charge

Rediff.com6 Oct 2023

Airfares in the country are set to rise, with IndiGo on Thursday introducing a fuel charge of up to Rs 1,000 based on a flight's distance, in response to the significant rise in aviation turbine fuel (ATF) prices in the last three months. The Indian aviation sector experiences its peak travel season between October and December. The inclusion of a fuel charge component in airfares is anticipated to have a sizable impact on IndiGo's passengers, according to experts.

Be selective in consumption stocks, say analysts

Be selective in consumption stocks, say analysts

Rediff.com12 Oct 2023

Consumption-related stocks, such as hotels, and quick service restaurants (QSRs), have been hitting the ball out of the park ahead. On the other hand, the Miss World Pageant scheduled for later this year in New Delhi, too, could provide some tailwind to these stocks, especially hotels and aviation. However, analysts suggest investors put their best foot forward and buy these counters only on a decline given the recent rally and economic headwinds.

No plans to enter politics as of now: Jyotiraditya Scindia's son

No plans to enter politics as of now: Jyotiraditya Scindia's son

Rediff.com25 Sep 2023

To a question that his father's supporters hope he will become the chief minister of Madhya Pradesh one day, Scindia said, "It is everyone's right to have expectations. But I would not like to discuss this topic right now. We are only focusing on our work at the moment."

Akasa Air seeks clarity on pilots' mandatory notice period

Akasa Air seeks clarity on pilots' mandatory notice period

Rediff.com22 Sep 2023

Facing headwinds due to pilot exits, Akasa Air on Friday said it had approached the Delhi high court seeking interpretation and clarification with respect to mandatory notice period requirements for pilots and that the move was not against the DGCA or the civil aviation ministry. Akasa Air, which started flying in August last year, has initiated legal action against a "small set of pilots" who left the carrier without serving their notice periods that led to cancellation of many flights. In a statement, the airline said it sought relief from the Delhi high court to stop the unethical and illegal practice by this set of pilots.

Air India's Flight Safety Chief suspended for a month

Air India's Flight Safety Chief suspended for a month

Rediff.com21 Sep 2023

On July 25 and 26, the regulator's team carried out the surveillance of Air India in the areas of internal audit, accident prevention work and availability of required technical manpower.

Some active funds made hefty bets on Jio Financial amid ETF selling

Some active funds made hefty bets on Jio Financial amid ETF selling

Rediff.com20 Sep 2023

At a time when exchange-traded funds (ETFs) were unloading Jio Financial Services from their portfolios, some active fund managers were placing large bets on the demerged financial services arm of Reliance Industries Ltd (RIL), a report by Nuvama Alternative & Quantitative Research shows. Motilal Oswal Mutual Fund and Quant Mutual Fund were the top MF buyers of the stock in August. They bought around 60 million shares each, together investing around Rs 2,800 crore.

'I have never done one wrong thing in my life'

'I have never done one wrong thing in my life'

Rediff.com16 Nov 2023

Excerpted from Sahara: The Untold Story by Tamal Bandyopadhyay.

Compare IndiGo with global, not local carriers: CEO Elbers

Compare IndiGo with global, not local carriers: CEO Elbers

Rediff.com27 Sep 2023

IndiGo's size should be compared with global carriers, and not other domestic airlines, chief executive officer Pieter Elbers said on Tuesday, adding that such benchmarking will help India transform its airports into aviation hubs. Elbers flagged the tendency to scrutinise domestic competition, assess fares on domestic routes, and determine if they are high. "But if we want to build some hubs, we should have a broader look," he said during a panel discussion at a convention organised by All India Management Association (AIMA).

33 pilots, 97 cabin-crew members found drunk on duty in H1 of 2023: DGCA

33 pilots, 97 cabin-crew members found drunk on duty in H1 of 2023: DGCA

Rediff.com18 Sep 2023

In the first half of this year, 33 pilots and 97 cabin-crew members failed their compulsory alcohol tests, which are conducted either before or after flights, according to data from the Directorate General of Civil Aviation (DGCA). In contrast, in the first half of 2022, the DGCA data recorded only 14 pilots and 54 cabin-crew members being identified as intoxicated while on duty. This data has been reviewed by Business Standard. As per the DGCA rules, pilots and cabin-crew members have to undergo pre-flight breath-analyzer tests.

Margin recovery key for Blue Dart Express stock, volume growth expected

Margin recovery key for Blue Dart Express stock, volume growth expected

Rediff.com5 Oct 2023

Brokerages lowered their earnings estimates following muted results in Q1FY24. While analysts remain optimistic about the stock's medium-term prospects, they highlight near-term concerns stemming from lower realisations due to changes in the product mix and margin pressures resulting from new plane additions.

12 tourists among 14 killed as small plane crashes in Brazil

12 tourists among 14 killed as small plane crashes in Brazil

Rediff.com17 Sep 2023

The report quoted the civil defence as saying that there were no survivors in the incident.

Miraculous escape for 8 as small plane skids off runway at Mumbai airport

Miraculous escape for 8 as small plane skids off runway at Mumbai airport

Rediff.com14 Sep 2023

Following the incident at little past 1700 hours, both runways at the airport were shut for a brief period, and one of the runways resumed operations at around 1847 hours, the officials said.

Pro-Khalistan extremists block Indian envoy's visit to UK gurdwara

Pro-Khalistan extremists block Indian envoy's visit to UK gurdwara

Rediff.com30 Sep 2023

The Indian High Commissioner to the United Kingdom, Vikram Doraiswami, who was touring Scotland this week was blocked from entering a gurdwara in the capital Glasgow by pro-Khalistan extremists.

Is V K Singh Up For Promotion?

Is V K Singh Up For Promotion?

Rediff.com9 Sep 2023

General Singh was assigned to receive leaders representing the planet's two superpowers -- the president of the United States and the premier of the People's Republic of China.

PIX: World leaders in Delhi for G20 Summit

PIX: World leaders in Delhi for G20 Summit

Rediff.com8 Sep 2023

The G20 leaders will deliberate on pressing global issues at the grouping's annual summit here on September 9 and 10. India is hosting the summit in its capacity as the current G20 chair.

Biden, Modi likely to take forward GE jet engine deal

Biden, Modi likely to take forward GE jet engine deal

Rediff.com8 Sep 2023

United States President Joe Biden and Prime Minister Narendra Modi are expected to make meaningful advancements on the GE jet engine deal and civil nuclear technology during their bilateral talks, National Security Advisor Jake Sullivan was cited in a Reuters report.

Rise In Drunk Staff At Airports

Rise In Drunk Staff At Airports

Rediff.com3 Oct 2023

189 people working at 59 Indian airports were found drunk on duty in the first half of this year, marking a 32 per cent year-on-year increase.

Adani forms JV to sell green hydrogen in Japan, Taiwan and Hawaii

Adani forms JV to sell green hydrogen in Japan, Taiwan and Hawaii

Rediff.com14 Sep 2023

Adani Group on Thursday said it has formed a 50:50 joint venture with Japanese conglomerate Kowa Group for sale of green hydrogen in Japan, Taiwan and Hawaii markets. Billionaire Gautam Adani-led conglomerate is investing up to $50 billion over the next 10 years in setting up a fully integrated green hydrogen ecosystem in India. This includes the production of 1 million tonne of green hydrogen in the initial phase which will be ramped up to 3 million tonne later.

IndiGo to place order for 10 more A320 neo planes

IndiGo to place order for 10 more A320 neo planes

Rediff.com4 Sep 2023

The country's largest airline IndiGo has decided to place an order for another 10 A320 neo family aircraft. These planes will be in addition to the nearly 1,000 planes already ordered by the carrier. The latest decision comes little over two months after IndiGo announced placing a firm order to buy 500 narrow-body planes from Airbus, which was one of the largest-ever aircraft purchases by an airline.