The Federation of Indian #Pilots has asked the govt to declare October 15 as the #NationalAviationDay and also name the next major international airport after #JRDTata, the pioneer of civil #aviation in India.
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https://www.moneycontrol.com/news/business/pilots-want-october-15-declared-national-aviation-day-to-honour-jrd-tatas-first-flight-7990871.html?utm_source=telegram&utm_medium=social
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https://www.moneycontrol.com/news/business/pilots-want-october-15-declared-national-aviation-day-to-honour-jrd-tatas-first-flight-7990871.html?utm_source=telegram&utm_medium=social
Moneycontrol
Pilots want October 15 declared National Aviation Day to honour JRD Tata's first flight
In a letter to the Prime Minister Narendra Modi, the Federation of Indian Pilots also said the next major international airport be named after JRD
#Budget2022WithMC | Year after year, stakeholders in the #aviationsector draw up a wishlist they hope will be taken up in the Union Budget. But year after year it remains just that β a wish list.
Ashwini Phadnis βοΈ
https://www.moneycontrol.com/news/business/fy23-budget-the-aviation-sector-fears-that-as-usual-it-will-be-much-ado-about-nothing-7992101.html
#2022Budget #airlines #aviation
Ashwini Phadnis βοΈ
https://www.moneycontrol.com/news/business/fy23-budget-the-aviation-sector-fears-that-as-usual-it-will-be-much-ado-about-nothing-7992101.html
#2022Budget #airlines #aviation
Moneycontrol
FY23 Budget: Aviation sector fears it will be much ado about nothing, as usual
In the last two budgets, a large part of the allocations for the Civil Aviation Ministry went towards servicing the interest of the asset holding company in which Air Indiaβs debts are parked and to acquire VVIP aircraft.
The divestment process of Air India was officially completed today after the central government handed over the management control and its shares in the airline to the #TataGroup
Read at
https://www.moneycontrol.com/news/business/air-india-takeover-will-focus-on-bringing-down-operational-costs-says-tata-sons-chairman-n-chandrasekaran-7991601.html
#AirIndia #airlines #aviation #Covid19 #TataSons
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https://www.moneycontrol.com/news/business/air-india-takeover-will-focus-on-bringing-down-operational-costs-says-tata-sons-chairman-n-chandrasekaran-7991601.html
#AirIndia #airlines #aviation #Covid19 #TataSons
Moneycontrol
Air India Takeover | Will Focus On Bringing Down Operational Costs, Says Tata Sons Chairman N Chandrasekaran
"The strategic divestment transaction has been completed today with Government receiving a consideration of Rs 2,700 crore from Strategic Partner (M/s Talace Pvt Ltd, a wholly owned subsidiary of M/s Tata Sons Pvt Ltd)," the government said in a press release.
#Aviation | Some airports, like Bengaluru and Kolkata, slid several points in the rankings after the govt banned international flights except for those under the air bubble arrangement. βοΈ
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https://www.moneycontrol.com/news/trends/travel-trends/changing-dynamics-of-traffic-at-indian-airports-in-the-post-pandemic-era-8002981.html?utm_source=telegram&utm_medium=social
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https://www.moneycontrol.com/news/trends/travel-trends/changing-dynamics-of-traffic-at-indian-airports-in-the-post-pandemic-era-8002981.html?utm_source=telegram&utm_medium=social
Moneycontrol
Changing dynamics of traffic at Indian airports in the post-pandemic era
Delhi continues to lead the airport charts in the country. Mumbai is still second. The third spot was bagged by Bengaluru. Local rules restricting flights have seen some airports like Kolkata losing traffic.
If TruJet does not restart operations, this will be the first casualty in Indian #aviation that can primarily be attributed to the #pandemic.
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https://www.moneycontrol.com/news/business/companies/who-gains-if-trujet-doesnt-restart-8115881.html?utm_source=telegram&utm_medium=social
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https://www.moneycontrol.com/news/business/companies/who-gains-if-trujet-doesnt-restart-8115881.html?utm_source=telegram&utm_medium=social
As the world debated how to contain #Russia and the United Nations got into action, another angle was being played out βon the civil #aviation front.
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https://www.moneycontrol.com/news/business/advantage-air-india-airspace-bans-on-russian-flights-could-give-the-indian-carrier-an-edge-8184701.html?utm_source=telegram&utm_medium=social
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https://www.moneycontrol.com/news/business/advantage-air-india-airspace-bans-on-russian-flights-could-give-the-indian-carrier-an-edge-8184701.html?utm_source=telegram&utm_medium=social
Moneycontrol
Advantage Air India? Airspace bans on Russian flights could give the Indian carrier an edge
Air India, which was privatised with its ownership transferred to Tata Sons in January, continues to overfly Russia for flights to the United States as well as Canada. That puts the airline in a unique position it can capitalise on.
A 19-year-old college student in the US, who tracked Tesla CEO Elon Musk's private jet online, has a new #aviation-themed target: Russian President Vladimir #Putin and the country's oligarchs.
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https://www.moneycontrol.com/news/trends/teen-who-tracked-elon-musks-jet-is-now-tracking-vladimir-putin-russian-oligarchs-8199581.html?utm_source=telegram&utm_medium=social
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https://www.moneycontrol.com/news/trends/teen-who-tracked-elon-musks-jet-is-now-tracking-vladimir-putin-russian-oligarchs-8199581.html?utm_source=telegram&utm_medium=social
Moneycontrol
Teen who tracked Elon Musk's jet is now tracking Vladimir Putin, Russian oligarchs
Some of the jets tracked by the accounts include Chelsea Football Club owner Roman Abramovich, businessman Alisher Usmanov and Leonid Mikhelson, the billionaire chairman of Russian gas producer Novatek.
Year 2022 looks like a year of shake-ups in the Indian #aviation industry and the market will come out far different from what it has ever been as #AirIndia starts its transformation. The impact on the market will start, right away.
Read:
https://www.moneycontrol.com/news/business/companies/and-the-winner-is-vistara-8222381.html?utm_source=telegram&utm_medium=social
Read:
https://www.moneycontrol.com/news/business/companies/and-the-winner-is-vistara-8222381.html?utm_source=telegram&utm_medium=social
Moneycontrol
And, the winner is Vistara!
The airline added 59 percent more flights in 2021 over 2020 and deployed 64 percent more capacity by ASKs in the same period. It also came very close to its pre-pandemic performance with departures being just 5.17 percent shy of 2019 and ASKs being just overβ¦
#Aviation | Private jets have soared past pandemic. Take a look at number of private jet flights in 2021. βοΈ
#MarketsWithMC: #Aviation #stocks were in focus today after jet #fuel prices saw their steepest increase ever as international crude surged to a multi-year high.
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https://www.moneycontrol.com/news/business/stocks/aviation-stocks-in-focus-after-another-hike-pushes-atf-price-to-all-time-high-8238391.html?utm_source=telegram&utm_medium=social
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https://www.moneycontrol.com/news/business/stocks/aviation-stocks-in-focus-after-another-hike-pushes-atf-price-to-all-time-high-8238391.html?utm_source=telegram&utm_medium=social
Moneycontrol
Aviation stocks in focus after another hike pushes ATF price to all-time high
In six hikes beginning January 1, ATF prices have been increased by Rs 36,643.88 kl or almost 50 percent