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AIRCRAFT SUPPLY CRUNCH
US trade gap narrows in April on oil exports boostAmerica's trade gap narrowed in April. Energy exports surged due to Middle East conflict. This boosted overall exports. Imports also rose, ...- Military-grade jet fuel cargoes from US show scale of Iran war impactUnusual US fuel shipments to Asia reveal global oil supply chain disruptions. Military-grade jet fuel and diesel are sailing from Washingto...
- Traveling this summer? Major airlines cut routes — check the list to see if you are affectedAirlines Cut Routes Due to Rising Fuel Costs from the Iran War — Is Your Summer Flight at Risk? Jet fuel prices have doubled since the war ...
- As IndiGo planes return, change in fares on horizonIndiGo plans to reactivate most grounded aircraft by early next year, potentially adding nearly 80 planes to its fleet in FY26. This expans...
- Lessor Accipiter files contempt plea against Go First for failing to provide aircraft documentsAccipiter Investments Aircraft 2 filed a contempt plea in the Delhi High Court against Go First airline for not providing complete aircraft...
- Mayur Milak on how will landscape of Indian aviation sector change?I think Tatas as a group will have their own set of challenges to merge the two biggies together. SpiceJet of course has raised money, but ...
- Et Graphics: Domestic air traffic rises 5.8% in June, IndiGo leadsIn June 2023, airlines carried 13.2 million passengers, a 5.8% increase from June last year but down from 13.8 million in May. IndiGo remai...
- Contempt plea on non-maintenance of aircraft: HC asks Go First RP to file affidavitThe HC noted that there were eight other lessors also facing similar issues with regard to inspection, maintenance and access of documents....
- Court allows Go First lessors access to airworthiness documentsJustice Tara Vitasta Ganju directed the resolution professional (RP) of the bankrupt carrier to hand over the documents to the lessors with...
- Go First lessors oppose lenders being made a party in HC caseAircraft leasing companies have opposed including the lenders of Go Airlines as a party to their plea for deregistration of leased planes t...
- Lufthansa grounds aircraft facing issue with Pratt and Whitney enginesDays after Go First grounded its aircraft, leading international carrier Lufthansa on Thursday said it temporarily grounded a third of its ...
- Govt assisting Go First, 'prudent to wait for judicial process to run its course': Aviation ministerThe Directorate General of Civil Aviation or DGCA has issued a notice to the Go First on the sudden suspension of flights.
- IndiGo sticks with capacity guidanceAbout 30 IndiGo aircraft are grounded due to the delay in supply of parts of the engine. The airline is holding onto its aircraft for a lon...
- FinMin clarifies: Airlines exempt from additional tax when refuelling for overseas flightsThe Ministry of Finance has clarified that jet fuel for international flights are exempted from the excise duty recently imposed by the gov...
- Fuel supply ban due to fund issues, not performance: LohaniOil marketing companies led by Indian Oil stopped supplying fuel to Air India's aircraft at six airports.
- Government extends temporary allocation of Jet Airways' slots, flying rights to others till DecemberJet Airways is undergoing insolvency proceedings and at least three entities have put in initial bids for the carrier.
- Vijay Mallya-promoted Kingfisher Airlines grounds 2 ATR Aircraft due to a cash crunchAt least 35 of Kingfisher's pilots have left the airlines over the past eight to nine months to join other rival carriers like IndiGo.
- Airbus to trim output, Boeing to keep flyingThe downturn in the aviation sector does not seem to have hurt Seattle-headquartered aircraft manufacturer Boeing, even as its rival France...
- US to deliver 10 refurbished F-16s to Pakistan soonThe US will soon deliver 10 refurbished F-16 fighter jets to Pakistan, including four aircraft to be supplied this month.
- It pays to be on air for moreThe aviation boom has kept pilots in the skies for long hours. Now they could be poised for still longer flying hours with airlines moving ...
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