AIR INDIA DEAL
5 Best 30-40L Capacity Air Coolers with Unmatched Cooling
This article provides a detailed guide to the best air coolers with a capacity of 30-40 liters. It covers top models, highlighting their key features, benefits, and performance. Whether you're looking for energy efficiency, cooling power, or portability, this guide helps you choose the ideal air cooler to keep your space comfortable during hot weather.
India plans to develop 5.5 generation fighter jet prototype by 2028
India plans to develop an indigenous 5.5 generation Advanced Medium Combat Aircraft (AMCA) with the first prototype expected by 2028. The aircraft will be a stealth fighter capable of carrying a substantial weapons load. Mass production is slated for 2035, with a development partner comprising both public and private sector firms.
Rakesh Gangwal to sell $804 million worth IndiGo stake through block deal: Report
Rakesh Gangwal, co-founder of InterGlobe Aviation, plans to sell up to $804 million in shares via a block deal, with a floor price of Rs 4,593 each, a 5.5% discount to the current market price. This move follows his previous stake reduction and Shobha Gangwal’s exit.
Akasa aims to be profitable in 3 years, tech to play a key role: CEO Vinay Dube
Vinay Dube launched Akasa Air amid the COVID-19 crisis, capitalizing on reduced aircraft rentals and increased availability of pilots. Although it incurred losses over Rs 2,400 crore, the airline expects profitability within three years and plans a public listing by 2028. Investment in technology and favorable investor interest drive its ambitious expansion strategy.
Azim Premji & Ranjan Pai's consortium looks to board Akasa Air with $125 million investment
Premji Invest and Claypond Capital are in discussions to invest approximately $125 million for a significant minority stake in Akasa Air, valuing the airline at over $350 million. This investment demonstrates confidence in Indian carriers, historically struggling to attract interest. The funds will support expansion and aircraft pre-delivery payments, diluting the Jhunjhunwala family and CEO Vinay Dube's stake. The investors are optimistic about Akasa's potential in the Indian market.
Best Boult Earbuds in India for High-Quality Audio (2024)
Are you looking for high-quality audio experience? If so, then continue reading this article where we have listed the best Boult earbuds in India. We have ensured to add every important detail about the earbuds in this article so that you can make an informed decision of buying your preferred earbuds.
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Defence ministry to sign Rs 21,000 cr deal for 230 Sukhoi jet engines
The defence ministry approved a ₹21,000 crore deal to acquire new jet engines for the Su 30MKI fleet from Hindustan Aeronautics Limited. The deal includes replacing older engines and significant fighter upgrades, valuing over ₹60,000 crore. Around 230 engines will be delivered in the upcoming years.
With an eye on China and Pakistan, India fast-tracks deal for 31 'hunter-killer' drones from the US
India is accelerating negotiations to acquire 31 weaponized MQ-9B 'hunter-killer' drones from the US, aiming to finalize the $3.9 billion deal by November-December. These high-altitude drones will be divided among the Navy (15 Sea Guardians) and the Army and Air Force (8 Sky Guardians each). The move comes as China enhances its drone supplies to Pakistan, which is seeking additional CH-4 drones.
India’s plan for advanced fighters: LCA Mark2 by 2029, AMCA by 2035
The LCA Mark 2 fighter jets will begin flying by March 2026, with full-scale production expected by 2029. The Advanced Medium Combat Aircraft's mass production is set for 2035. These timelines were discussed in a recent high-level meeting involving DRDO and the Indian Air Force. Delays were due to funding tied to engine agreements.
Technical, price bids submitted in fighter jet engine deal with US
India aimed to finalize a major deal with the US for fighter jet engine technology in the coming months. General Electric had submitted its bids, and negotiations on technology transfer would follow. The $1 billion agreement would allow for 80% technology transfer. Hindustan Aeronautics Ltd planned to produce 99 engines in Bengaluru for the Tejas Mk2 fighter aircraft.
Emirates, Lufthansa, and other foreign airlines fly into trouble with Rs 10k cr GST shock
The Directorate General of Goods and Services Tax Intelligence sent notices to 10 foreign airlines over alleged ₹10,000 crore unpaid taxes. Airlines like British Airways and Emirates are accused of not paying taxes on imported services by Indian branches. This issue covers the period from July 2017 to March 2024, sparking an investigation that began in August 2023.
Air India Express launches Freedom Sale with tickets starting from ₹1947
Air India Express launched a 'Freedom Sale' with fares starting from ₹1947 on its website. The offer, valid for bookings made until 5th August and travel until 30th September 2024, includes discounts for loyalty members, students, senior citizens, SMEs, healthcare staff, and armed forces personnel and their dependents on both domestic and international routes.
Honeywell signs long-term maintenance deal with Air India
Honeywell announced a long-term deal with Air India to maintain Auxiliary Power Units (APUs) in its aircraft fleet. This collaboration will help reduce maintenance costs and improve fleet availability. Honeywell emphasized their commitment to supporting Air India's modernization and growth. The agreement is aimed at achieving more efficient and reliable operations.
US to provide consultancy to India to build advanced UAVs under USD 3 billion 31 Predator drones deal
The USD 3.1 billion drone deal between India and the US includes consultancy for developing an indigenous advanced unmanned aerial vehicle. 31 MQ-9B Predator drones will be distributed among the Navy, Air Force, and Army. The American offer for consultancy is set for discussion at the Defence Acquisition Council meeting under Narendra Modi 3.0, aiming to boost indigenization in defense with significant time savings in drone development.
Tata Advanced Systems Ltd, Airbus seal contract to establish H125 helicopter assembly unit in India
Tata Advanced Systems Ltd and Airbus Helicopters have struck a deal to establish a final assembly line in India for single-engine H125 choppers, marking a significant development for the country's aerospace sector. This partnership, announced at the Farnborough International Airshow, will see the private sector setting up a helicopter assembly facility for the first time in India. The production is set to commence in 2026 for India and neighboring countries.
Air India Express launches platform with MakeMyTrip for booking flights, accommodation, transport
Tata Group's Air India Express introduced 'Xpress Holidays' with MakeMyTrip, enabling bookings for flights, accommodation, and transport. The service includes international destinations, airport transfers, cab pick-ups, guided tours, and exclusive deals, available on the airline's website and app. Chief Commercial Officer Ankur Garg and Saujanya Shrivastava emphasized the MakeMyTrip fulfillment promise.
Tata Group wants continuity in top management of Air India post merger with Vistara
Tata Group will retain all top Air India executives post-Vistara merger. Wilson, Aggarwal, Sharma stay. Kannan returns to Singapore Airlines, Rajawat joins merged entity. AI hires, consults Boston Group, uses Hogan Test. Air India Express, AirAsia India form no-frills airline. Tata targets ₹15,532 crore savings. AZB handles legal matters; AI's brand identity remains until 2025.
Air India-Vistara merger likely to impact around 600 non-flying staff
600 non-flying Air India and Vistara staff will be impacted by the Tata Group merger. Job placements within Air India and Tata companies are planned. Fair fitment considers experience and performance. Voluntary separation offered if needed. No cabin crew impact. Merger completes by late September or early October. Singapore Airlines holds 25.1% of Air India. NCLT and CCI approved.
Rafale M Deal: India negotiating lower price after Rs 56,000-cr offer by France
The defence ministry is in the process of negotiating a lower acquisition price for Rafale M fighter jets. These jets have been selected to fulfill the Indian Navy's requirement for aircraft carrier-borne combat aircraft.
India bargaining hard for better deal with France for Rs 50,000 crore-plus Rafale Marine jets contract
India and France are negotiating over Rs 50,000 crore for Rafale Marine jets including Astra missiles and enhancements. The jets, to be based at INS Dega, Vishakhapatnam, will operate from INS Vikrant and INS Vikramaditya. The 10-12 day negotiation, involving the Directorate General of Armament, references a prior air force deal, showcasing carrier operations in trials.
Old planes, lack of engineering capacity test Tata’s mettle to turnaround Air India
Customers flying on Air India flights to North America and Europe have been raising issues about frequent delays, broken seats or non-functional in-flight entertainment screens as the Tata group struggles to revamp the airline's fleet, some of which are 15 years old. The original aircraft for the delayed flight to San Francisco, had developed a technical snag. So, the airline had to tow a Boeing 777 which was parked under hot sun in Delhi’s 49 degree temperature. Air conditioning system in plane work.
FA Airlines to buy regional airline FlyBig
Mumbai-based FA Airlines is set to acquire regional carrier FlyBig, which currently has four planes in its fleet. FA Airlines, incorporated in 2022, is focused on the aviation sector. The deal, for which an initial pact has been signed, will expand FlyBig's fleet by more than 20 aircraft once completed. Fauzia Arshi, an entrepreneur from the film industry, is the Managing Director of FA Airlines. India's civil aviation market is among the world's fastest-growing, with rising domestic air traffic. There are currently at least six scheduled regional carriers and six scheduled domestic airlines in India.
AI-Vistara merger: Fitment of over 7,000 staff to be complete in June
Air India CEO and MD Campbell Wilson along with Vistara CEO Vinod Kannan on Monday held a one-and-a-half-hour long townhall meeting with the employees of both carriers about the proposed merger.
Air India, Vistara CEOs to address staff about proposed merger on May 13
Air India and Vistara chiefs will address staff on May 13 regarding the proposed merger of the two airlines. The merger, announced in November 2022, entails Vistara merging with Air India, with Singapore Airlines acquiring a 25.1% stake in Air India. Vistara, a joint venture between Singapore Airlines and Tata Group, is part of the deal. The townhall meeting, to be held in a phygital mode, will feature Air India CEO Campbell Wilson and Vistara CEO Vinod Kannan, who is also the Chief Integration Officer for the merger.
Flying over city traffic: How exactly can you travel between Delhi and Gurugram in 7 minutes?
In a joint venture, InterGlobe Enterprises, the parent company of India's leading airline IndiGo, and US-based Archer Aviation, plan to introduce an all-electric air taxi service in India by 2026. This service will facilitate transportation from Connaught Place in New Delhi to Gurugram in Haryana, with a remarkable travel time of only 7 minutes.
Vistara’s troubles could be a precursor to larger imminent problems in integration with Air India: Industry experts
The aviation-to-automobile conglomerate would do well to learn lessons from successful and problematic airline mergers across the world as well as how it overcame niggles after its own biggest purchases: Corus and Jaguar Land Rover, experts said.
Pee-Gate: It is airline's discretion how much alcohol you can get in-flight, says DGCA
The Directorate General of Civil Aviation (DGCA) clarified its stance on handling unruly passengers after a petition by a woman who was urinated on by a co-passenger on a flight. DGCA mentioned that airlines have the discretion to set limits on alcohol served onboard and to formulate policies to prevent passengers from becoming intoxicated. The incident highlighted the need for clear guidelines and strict enforcement to ensure the safety and comfort of all passengers.
Singapore greenlights Air India-Vistara merger
Singapore's Competition and Consumer Commission (CCCS) has granted approval for the merger between Air India and Vistara, paving the way for the creation of India's second-largest airline. Both airlines have committed to maintaining capacity on key routes between Singapore and Indian cities.
Scindia meets Airbus Global CEO; says India has huge potential to be global aircraft mfg hub
India's Civil Aviation Minister, Jyotiraditya Scindia, met with Airbus Global CEO, Guillaume Faury, to discuss opportunities for collaboration in aircraft manufacturing and design. India, being one of Airbus' key markets, has the potential to become a global aircraft manufacturing hub due to its fast-growing economy and focus on Make In India.
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