After a loss of 8,556 crores in FY19, the Chairman and Managing Director (CMD) of Air India has indicated that the airline needs a sovereign guarantee of 2400 crores to fund ongoing operations. The airline continues to bleed cash at an alarming rate. Capacity woes continue and estimates indicate that twenty-two aircraft are grounded. On the costs side, there have …
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The Indian Ministry of Defence has finalized an order with Boeing for 22 AH-64E Apache attack helicopters and 15 CH-47F Chinook heavy-lift helicopters. The order includes production, training and support of both the helicopters. The order which is worth around 2.5 billion US dollars, was cleared by the cabinet committee on security on the 22nd of this month just before …
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For over 25 years, the venerable ‘Queen of the skies’ the Boeing 747-400, of the national carrier, Air India, has served as India’s VIP (very important person) international transport. Tagged as ‘Air India One’ two of these aircraft are used by the President, the Vice President, and the Prime Minister of India on their international trips, even if to neighbouring …
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With the latest issue of Aero India having winded down last Sunday, we have been hard at work sorting through our pictures of the show. While there was no major news at the show, there was as always a fascinating display of various aircraft being put through their paces. We have composed this gallery of photos from the show, please …
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Global aviation leaders at the Farnborough international air show 2014 termed India’s decision to levy service tax of 12.36% on aircraft lease charges as a regressive step which will only hurt India’s already over-taxed airlines. As per a report in The Mint, the maiden Union budget of the Narendra Modi led NDA government proposes to levy the service tax effective …
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Signs historic order for 108 Boeing 777-9X and 777F worth $40 billion Qatar Airways’ chief executive officer Akbar Al Bakar was full of praise for Indian Prime Minister Narendra Modi at an order announcement ceremony at the Farnborough International Air Show 2014. Critical of UPA-2 government Speaking to Bangalore Aviation when asked about his airline’s growth plans for India considering …
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Bangalore Aviation News, Reviews, Analysis and opinions of Indian Aviation