Aviation Sector

DGCA grounds Orbit Aviation’s aircraft

DGCA grounds Orbit Aviation’s aircraft

India's civil aviation regulator, the Directorate General of Civil Aviation (DGCA) has grounded an aircraft belonging to Orbit Aviation Private Limited after noticing "serious" safety violations.

The regulator is conducting a safety audit to ensure safety of flights during this election season. The aircraft with the registration VT-PSB is owned by Orbit Aviation, which is partially owned by Punjab Sukhbir Singh Badal. Officials have said that the aircraft will only be allowed to fly after the operator meets all safety requirements.

GMR group secures airport project in Philippines

GMR group secures airport project in Philippines

A consortium of GMR group and Megawide has secured a US$ 700 million contract to develop and operate the Mactan-Cebu International Airport in the Philippines.

The Department of Transportation and Communications (DOTC) of Philippines has awarded the contract to the consortium. The project worth US$ 700 million includes US$ 320 million upfront payment to the Philippines government, according to a GMR official.

SpiceJet launches three-day-only ticket sale

SpiceJet launches three-day-only ticket sale

Budget carrier SpiceJet on Tuesday announced the launch of a three-day-only sale of tickets for domestic flights with fares starting at just Re 1 (statutory taxes & fees extra).

The low cost tickets will be applicable only on direct flights of the airline's new domestic network for travel starting July 1. Bookings can be made from April 1 to April 3, 2014.

Jet Airways acting CEO resigns

Jet Airways acting CEO resigns

Mumbai-headquartered private sector carrier Jet Airways is going to suffer one more high profile exit as its acting Chief Executive Officer (CEO) Ravishankar Gopalakrishnan is going to leave the carrier, sources said.

People with direct knowledge of the matter revealed that Gopalakrishnan has handed over his resignation and he will leave the carrier at the end of next month.

However, neither Gopalakrishnan nor Jet Airways responded to requests for a comment on the reports.

Airline lobby urges PM Manmohan Singh to prevent AirAsia take off

Airline lobby urges PM Manmohan Singh to prevent AirAsia take off

The Federation of Indian Airlines (FIA) has urged Prime Minister Manmohan Singh to block the grant of the Air Operator's Certificate (AOC) to AirAsia India, arguing that the entry of the budget carrier will hurt competition in the market.

The airline lobby group pointed out global airlines would enter India with a new joint venture (JV) partner and, thus, these global airlines would be able to avoid having to make investments in existing loss-making airline industry.

DGCA finds no reason to deter AirAsia’s application

DGCA finds no reason to deter AirAsia’s application

AirAsia has moved a step closer to commencing operations in India as civil aviation regulator on Friday rejected all objections to the upcoming airline.

The Directorate General of Civil Aviation (DGCA) announced yesterday that it found no reason to shelve the processing of AirAsia's request for issuance of an Air Operator Permit.

SpiceJet reports Q3 loss on high fuel costs & weak currency

SpiceJet reports Q3 loss on high fuel costs & weak currency

The combination of higher fuel costs and forex losses pushed budget carrier SpiceJet Ltd into the red in the fiscal third quarter ended December 31, 2013.

Controlled by billionaire Kalanithi Maran-promoted Sun Group, SpiceJet, on Friday reported a net loss of Rs 1.73 billion (US$27.74M) for its October-December quarter. In the corresponding quarter of the previous year, the carrier had pocketed a net profit of Rs 1.02 billion.

U.S. FAA downgrades India’s aviation rating

U.S. FAA downgrades India’s aviation rating

The U. S. Federal Aviation Administration (FAA) on Friday downgraded India's aviation safety rating, citing a lack of aviation safety oversight.

Downgrading the India's aviation rating from Category 1 to Category 2, the U. S. aviation regulator said India at this time wasn't in compliance with the global standards for aviation safety oversight.

India's Civil Aviation Minister Ajit Singh expressed disappointment on the U. S. regulator's move, and stressed that India would address all of the regulator's concerns by next month.

India lifts landing ban on Airbus A380s

India lifts landing ban on Airbus A380s

India on Monday lifted a landing ban on super jumbo aircraft Airbus A380s, saying the operation of the super jumbos would help airports in generating more revenue and give passengers more comfortable and luxurious travel.

Airbus A380s will now be able to land at India's four international airports, in New Delhi, Mumbai, Bangalore and Hyderabad, which can handle the jumbo planes.

Jet announces 10% discount on economy class tickets

Jet announces 10% discount on economy class tickets

With the lean travel season approaching fast, the Jet Airways (India) Ltd on Friday joined other airlines in offering attractive discounts on tickets for a limited period.

Jet slashed fares by 10 per cent for the economy class on its international network. The discount is available on tickets for travelling between 1 February and 15 April. Moreover, passengers must book tickets between January 24 and 26.