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DGCA slaps Rs 1.2 cr fine on IndiGo, Rs 60 lakh on Mumbai airport in passengers eating on tarmac case

The regulator said the reply to the show cause notice was received today and was not found satisfactory as the response submitted by MIAL showed that they had failed to adhere to the safety requirements. ....

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Wadia Group asserts no impact on finances from Go First bankruptcy

Indian aviation updates: Although there are currently no regulatory restrictions on domestic banks lending to other group entities of bankrupt companies, such transactions are difficult to execute given the enhanced credit risks at the group level, according to industry experts. ....

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Ayodhya airport to be named after Maharishi Valmiki: Sources

Prime Minister Narendra Modi will inaugurate the newly-built Ayodhya airport on Saturday (December 30), nearly three weeks before the consecration ceremony of the Ram Mandir in Ayodhya. ....

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ICRA expects Indian airlines' FY24 net loss to shrink by up to 82% on healthy traffic, yields | Business News

On the risks from elevated jet fuel prices and rupee depreciation, the ratings agency said that both have a “major bearing” on Indian carriers’ cost structure. ....

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Air India rejigs 250-plane Airbus order – More A321neos, A350-900s, fewer A320neos, A350-1000s

Air India’s narrow-body order now stands at 140 A321neo aircraft (against 70 earlier) and 70 A320neo planes (against 140 earlier), the orders data shows. In the case of the 40 wide-body planes on order with Airbus, the airline now has a 50:50 split 20 each of A350-900 and A350-1000 aircraft. In the original order, Air India had gone for six A350-900 and 34 A350-1000 planes. ....

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