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Daily Archives: January 23, 2013

Indian Air Force’s first Boeing C-17 Globemaster III enters flight testing

The Indian Air Force’s (IAF) first Boeing C-17 Globemaster III airlifter (tail number CB-8001) has been delivered by Boeing, on schedule, for flight testing. Indian Air Force C-17 Globemaster III. CB-8001 The first of the 10 airlifters ordered, now enters a U.S. Air Force (USAF) flight test program at the famous “The Right Stuff” Edwards Air Force Base in Palmdale, …

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Spicejet reports profit in Q3 FY2013 – Financial and operational analysis

By Vinay Bhaskara and Devesh Agarwal In a result that represents a positive sign for the prospects of the Indian airline industry moving forward, Gurgaon based low cost carrier (LCC) SpiceJet reported a Rs. 102 Crore (US $19 million) net profit for the third quarter of fiscal year 2012-13 (FY 12-13), a sharp improvement from the results in both the …

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