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GLOBAL AVIATION
Centre scraps TDS on aircraft lease rentals at IFSCsA significant tax relief has been granted to airlines, with India now exempting tax deducted at source (TDS) on aircraft lease rentals paid...- ACME Green Molecules, Mitsubishi Gas Chemical sign $1 billion green methanol supply dealIndia's first global green marine fuel pact sees ACME Green Molecules partnering with Japan's MGC to supply 100,000 tonnes of green methano...
- Air India, SIA Engineering to set up maintenance, repair and overhaul joint venture in IndiaAir India and Singapore Airlines' engineering arm are exploring a joint venture to establish a world-class Maintenance, Repair, and Overhau...
- Airport operators tell Centre airline fee relief no longer warrantedPrivate airports are urging the civil aviation ministry to end the three-month discount on domestic flight landing and parking charges, set...
- Air India cuts fuel surcharges for North America, Europe flightsAir India has significantly reduced fuel surcharges on flights to North America, Australia, Europe, and the UK, effective July 1. This move...
- Private jet operators seek relaxations in FDTL, EDTO normsAviation regulator DGCA is poised to form a committee to review pilot flight duty norms for chartered flights following a request from the ...
- Airlines shun Rs 10,000-crore ATF subsidy as fuel prices fallA Rs 10,000-crore jet fuel price stabilisation programme has failed to attract any airline sign-ups. The scheme, designed to shield carrier...
- Accel, Nikhil Kamath-backed Sarla Aviation completes flight test campaign of demo e-aircraftBengaluru-based Sarla Aviation, backed by Nikhil Kamath, has successfully completed flight tests for its electric aircraft technology demon...
- IndiGo launches Lite fare with lower prices for cabin bag-only travellersIndiGo has introduced 'IndiGo Lite', a new budget-friendly Economy Class fare for travellers with just cabin baggage. This option, availabl...
- Jet fuel price cut by Rs 5/litre as global oil prices easeA significant drop in jet fuel prices, by nearly Rs 5 per litre, brings welcome relief to Indian airlines. This reduction, driven by fallin...
- India cuts windfall tax on diesel, raises petrol tax from JulyIndia has adjusted its windfall taxes on fuel exports, slashing duties on diesel and aviation fuel while increasing the tax on petrol expor...
- IndiGo's Chief Human Resources Officer Pasricha resignsIndiGo's Chief Human Resources Officer, Sukhjit Singh Pasricha, has resigned after an eight-year tenure, with Kanwal Jeet Singh Bakshi set ...
- Rocket Lab buys Iridium in $8 billion deal, to expand beyond launchesThe deal accelerates a long-time push beyond launch services by adding an established satellite network, globally coordinated spectrum and ...
- Repeated crises reaffirm role of PSU oil firmsDuring national emergencies such as floods and the recent pandemic, India's state-run oil companies have shown their crucial importance by ...
- Adani Airports to invest Rs 20,000 crore in airport cities spanning 655 acresAdani Airport City Limited is investing over ₹20,000 crore to build integrated airport cities across six Indian airports. These development...
- Government may ask airlines to review additional prices if crude stabilisesAirlines might be asked to reduce surge charges and extra fares if aviation fuel prices remain stable for an extended period. The Civil Avi...
- What is India’s new hub-and-spoke model and how will airport immigration change?India has launched its ambitious hub-and-spoke aviation strategy, aiming to simplify international travel for citizens in smaller cities. T...
- IndiGo, SpiceJet shares rally up to 4% as crude oil prices fall below pre-war levels after 42% crashAviation stocks, including IndiGo and SpiceJet gained after crude oil prices declined sharply as supply concerns eased following progress i...
- Raymond eyes precision engineering, in talks to buy German aerospace supplier DehardeRaymond's move, if successful, would mark its first overseas acquisition post-restructuring and bolster its aerospace manufacturing capabil...
- After turbulent 2025, DGCA to face US FAA safety review in NovemberIndia's aviation regulator, the DGCA, faces a crucial safety assessment by the US FAA this November. This review follows a series of incide...
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