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MRO CAPITAL OF ASIA
Noida Airport set to begin operations post-Diwali; foreign airlines in talks for flight servicesThe Noida International Airport (NIA) in Jewar, Gautam Buddh Nagar, is set to begin operations by the end of 2025, with an inauguration on ...
Bengaluru Airport bags IndiGo’s Rs 1,100 cr MRO facility, to be built on 31 acresIndiGo will establish a new maintenance facility at Bengaluru airport. The airline signed an agreement with Bangalore International Airport...
UP CM Yogi Adityanath increases compensation to farmers for Jewar Airport land acquisition by Rs 1,200 per sqmCM Yogi Adityanath raised compensation for Jewar Airport land to Rs 4,300 per square meter. The airport, touted as Asia's largest, is set t...
Going it alone together: India's Defence Acquisition Council approves Rs 1.45 lkh cr for indigenous procurementIndia's Defence Acquisition Council has approved acquisition proposals worth ₹1.45 lakh crore, with 99% allocated for indigenous procuremen...
Efforts on to make India a global aviation hub, manufacture aircraft: NaiduUnion minister K Rammohan Naidu announced efforts to make India a global aviation hub and start manufacturing aircraft. Speaking at the Asi...
Time is right to invest in Indian aviation sector: ExpertsSingapore-based consultants highlight the potential for growth in the Indian aviation sector due to expanding industry ecosystem and invest...
Star Air plans to set up MRO facility for Embraer aircraftStar Air, which made its debut as a regional carrier from January this year also announced the launch of its services to the financial capi...
After recent plane order spree, India finds itself hard-pressed to find parking slotsThe average time an aircraft spends circling before it can land in Mumbai during peak hours is about 45 minutes to an hour.
MRO hub policy, 0/20 rule all good but disappointed with 50% FDI: Amber Dubey, KPMGWhile critical sectors like defence, telecom and banking have been opened to 74 per cent to 100 per cent FDI, aviation has been unfairly re...
Pawan Hans mulls services to South East Asia, BhutanThe company is also looking to expand its services in the north-east as part of its plans to develop Guwahati as a helicopter hub.
Pawan Hans mulls services to South East Asia, BhutanThe company is also looking to expand its services in the north-east as part of its plans to develop Guwahati as a helicopter hub.
Reliance Group to set up Rs 6,500 crore aerospace project in MaharashtraReliance Group plans to build Dhirubhai Ambani Aerospace Park (DAAP) in Mihan, a site which was selected after extensive survey of sites in...
Want to give separate identity to manufacturing business via demerger: Rakesh Duda, Taneja Aerospace"We are preparing ourselves for the future. We have given it a distinct identity but at this point in time, we have not tied up with anyone...
- Air India to create two subsidiaries for engineering, ground handling
Govt approved a Rs 768 cr proposal to hive off engineering & ground handling services of AI into 2 wholly-owned subsidiaries as part of its...
Air India turnaround plan okayed, to get Rs 30,000 crore over eight yearsYears of uncertainty over the fate of financially distressed AI ended, after the Cabinet approved an operational TAP through an equity infu...
Union Budget to boost aviation, MRO sector, say expertsThe Budget is a positive for the civil aviation industry, particularly for the maintenance, repair and overhaul (MRO) sector, say experts.
- Budget 2012: Airfares likely to rise, says KPMG
Airfares are likely to rise as increase in service tax will make overheads like advertising, utilities & rents of aviation companies costli...
- MROs, pilot-training centres attract PE funds
The entry of big daddies such as the Tatas and global private equity players Texas Pacific Group, Istithmar and Goldman Sachs have re-ignit...
- Low-cost carriers take to outsourcing to stay fit
To mitigate the effect of increasing costs, low-cost airlines are increasingly looking at outsourcing to lower their operational expenses.
- Delhi to soon have maintenance centre
After Nagpur and Hyderabad, Delhi may be the next destination which will have its own aircraft maintenance, repair and overhaul (MRO) facil...