Category Archives: Aviation

• Britain launches fraud probe into Airbus

  Posted on August 8, 2016 by Diligentia News in Aviation.

  Britain’s Serious Fraud Office has said on it had opened a criminal probe into Airbus Group, investigating allegations of fraud, bribery and corruption. “These allegations relate to irregularities concerning third party consultants,” the SFO said in a statement yesterday. The authority said it opened the investigation in July and asked anyone with relevant information to […]

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• Here’s what it costs to maintain non-operational airports

  Posted on August 8, 2016 by Diligentia News in Aviation.

  A total amount of Rs 36.98 crore was spent on maintenance of non-operational airports over the last three years while Rs 897.28 crore were spent on 24 additional operational airports from where no scheduled airline is operating, Minister of State for Civil Aviation Jayant Sinha told the Rajya Sabha. This amount was being spent from […]

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• Air Costa grounds fleet, says renegotiating with lessors

  Posted on August 8, 2016 by Diligentia News in Aviation.

  Another regional airline Air Costa has suspended its operations on Thursday claiming that it is renegotiating contract with its lessors. The Vijaywada-based airline suspended all its flights but said it will resume the operations on Friday. GE Capital Aviation Services (GECAS) is Air Costa’s lessor and is also the world’s leading commercial aircraft and engine […]

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• SpiceJet, Ajay Singh move HC against order to deposit Rs 579 crore

  Posted on August 8, 2016 by Diligentia News in Aviation.

  Budget carrier SpiceJet and its owner Ajay Singh have moved the Delhi High Court against its single judge’s order directing the airline to deposit Rs 579 crore within 12 months in connection with a share transfer dispute with the previous airline owner Kalanithi Maran. The single judge’s order had come on a plea of Sun […]

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• Airlines should keep pilots records for 3 years after training

  Posted on August 8, 2016 by Diligentia News in Aviation.

  Airlines offering type-rated pilot training programmes should maintain records of the concerned individuals for at least three years after they complete their courses, aviation regulator DGCA has directed. The watchdog’s directive, part of guidelines to be followed for Airline Type Rating Programme (ATRP), comes in the backdrop of persisting concerns over aviation safety and focus […]

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• Bidders remain elusive for Kingfisher House; auction may fail

  Posted on August 5, 2016 by Diligentia News in Aviation.

  The proposed auction of Kingfisher House, the erstwhile headquarters of Vijay Mallya-led group’s long-grounded airline, may prove to be a damp squib yet again tomorrow as bidders have remained elusive even at a reduced reserve price of Rs 135 crore. This is the second attempt by the banks to recover part of their unpaid loans […]

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• Sector impact: GST and the aviation sector

  Posted on August 5, 2016 by Diligentia News in Aviation.

  The goods and service tax (GST) once implemented will increase the cost of air tickets and other services such as cargo transportation and aircraft maintenance. The Indian aviation industry believes that the exclusion of petroleum and aviation fuel from its ambit will continue to impact the aviation sector. The central government will continue to impose […]

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• AAI profit surges 30% to Rs 2,537 crore in 2015-16

  Posted on August 5, 2016 by Diligentia News in Aviation.

  Airports Authority of India (AAI) saw its profit after tax jump nearly 30 percent to Rs 2,537.36 crore last fiscal, on the back of higher passenger numbers and increased revenues. Minister of State for Civil Aviation Jayant Sinha informed the Lok Sabha today that AAI recorded a total revenue of Rs 10,824.50 crore in 2015-16 […]

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• After Air Pegasus, Air Costa cancels flights

  Posted on August 4, 2016 by Diligentia News in Aviation.

  Air Costa today cancelled all its flights since morning but said that the airline will restart operations tomorrow. The airline, in an email statement, said that the cancellation of lights is only for 24 hours due to unresolved issues with aircraft lessor. “From Tomorrow (5-08-2016), we will start our operations as scheduled. We are resolving […]

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• Airlines cancel/reroute flights to Dubai on part runway closure

  Posted on August 4, 2016 by Diligentia News in Aviation.

  Budget carriers IndiGo and SpiceJet cancelled their flights to Dubai while Jet Airways and Air India re-routed and clubbed their as the airport partly shut operations following a crash landing and explosion of an Emirates flight on Wednesday. “Due to unavailability of runway at Dubai airport, all IndiGo flights operating to and fro India stands […]

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