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AIRCRAFT ACQUISITION COMMITTEE
114 Rafale jets deal moves ahead as India finalises LoR for France: ReportIndia is nearing a significant defence deal with France for 114 Rafale fighter jets, with a Letter of Request expected soon. This acquisiti...
114 Rafale jets, 60 transport aircraft, AEW&C, Tejas MK1A deals to be finalised this year in IAF modernisation pushIndia's Air Force is set for a major upgrade with significant defence contracts planned for FY 2026-27. Key procurements include 114 Rafale...
Centre forms committee under Defence Secretary to look into Air Force's overall capability developmentIndia's Defence Ministry has established a committee to evaluate the Indian Air Force's capability development. This comes amid concerns ab...
Standing Committee on Defence recommends three aircraft carriers for NavyMaking the point that a carrier each is required for the two coasts, the committee has said in its report submitted in Parliament that a th...
Pricing issue of 83 LCA finalised: Defence MinistryThe pricing of light combat aircraft was finalised two days ago and the support package will be finalised in a month or two, said Director ...
CCS nod to Rs 1,000 crore deal for procuring Barak missilesThe missiles are to be put on board aircraft carrier INS Vikramaditya and INS Virat -- Navy's two operational warships which have been with...
CCI rejects complaint against Civil Aviation MinistryCCI has rejected allegations by the Civil Aviation Ministry in setting up the aircraft acquisition committee, which is now defunct.
One-time nod for aircraft importAirlines operating in India will now need just a one-time approval to import aircraft over five years, following an easing of norms.
Government scraps AAC; liberalises aviation sector to import new planesDomestic carriers will no longer need the govt's permission to import aircraft as the ministry has reversed its policy and abolished the AA...
Aircraft Acquisition Committee abolishedThe Civil Aviation Ministry on Thursday abolished the AAC which used to permit import of planes by airlines and other operators.
Indigo, SpiceJet get nod to import more aircraftLow cost carriers, IndiGo and SpiceJet have got the nod from Aircraft Acquisition Committee (AAC) of the Civil Aviation Ministry to import ...
Government's move to control aircraft purchase may push more flights to smaller citiesGovt's move to control purchase of aircraft by private airlines and may push flights to smaller cities under a controversial set of rules.
- CAG indicts Air India: Government defends acquisition of 111 aircraft
The Comptroller and Auditor General had criticised the government on the fleet acquisition exercise financed almost entirely through debt.
UB Group now focusses on manufacturing to derisk business: Ravi NedungadiRavi Nedungadi, President and Group CFO,UB Group in an interview with ET Now, talks about the group's prospect and its strategic planning.
- Paramount to resume services next month
After being grounded for over three months, the Chennai-based business class airline Paramount will resume operations on its entire 19-stat...
- Delhi HC refuses to direct NACIL to stop payment for new planes
The Delhi HC has declined to direct the NACIL to stop payment for purchase of 47 new aircraft as a part of aircraft acquisition programme.
- In-principle nod to IndiGo to acquire 150 planes
Government has given in-principle approval to no-frill carrier IndiGo to start the process of acquiring 150 aircraft in addition to 100 pla...
- Interest, depreciation, rentals make up 80 pc of AI losses
Around 80 per cent of the Rs-5,548 crore losses posted by the National Aviation Company of India last financial year are on account of inte...
- Fleet acquisition helped Air India cut losses: Jadhav
Coming under severe criticism from a parliamentary committee on its fleet acquisition plan, Air India's top man Arvind Jadhav on Saturday d...
- Civil Aviation Ministry to seek Cabinet view on A-I,IA sell-off
The Civil Aviation Ministry will shortly take the view of the Union Cabinet on disinvestment of Air India and Indian Airlines before it pro...