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Air India clears most compensation claims after crash, expect normalised aircraft deliveries in 2026: CEO Wilson

New Delhi, Nov. 24 -- Air India has disbursed Rs.60 crore compensation for 230 of the 248 victims of the crash that occurred on 12 June, the airline's chief executive officer said. The compensation u... Read More


Global giants press India for production incentives on aerospace components

New Delhi, Nov. 22 -- Top global aerospace firms are urging India to bring a production-linked incentive (PLI) scheme for aerospace components, cautioning that the country could miss out on major manu... Read More


Adani Enterprises gets lenders' nod to acquire Jaiprakash Associates

New Delhi, Nov. 19 -- Billionaire businessman Gautam Adani-promoted Adani Enterprises said on Wednesday that the creditors of the bankrupt infrastructure firm Jaiprakash Associates have approved its t... Read More


GMR Airports to issue Rs.2,150 cr of non-convertible debentures to refinance Hyderabad airport debt, cut borrowing costs

New Delhi, Nov. 19 -- GMR Airports Ltd (GAL) plans to refinance foreign currency loans of Hyderabad airport by issuing rupee-denominated non-convertible debentures (NCDs) worth up to Rs.2,150 crore as... Read More


We remain committed to the Air India transformation: Singapore Airlines CEO

New Delhi, Nov. 14 -- For Singapore Airlines, which owns one-fourth of Air India, there is "no disillusionment" about its investment, even though the Indian carrier's losses weigh on its profitability... Read More


Air India's losses hurt its largest shareholder Singapore Airlines

New Delhi, Nov. 13 -- Losses at Air India have caused the profit of its largest shareholder, Singapore Airlines, to plunge in the six months ended September. Singapore's flagship carrier's net profit... Read More


SpiceJet Q2 loss deepens as forex, grounded fleet weigh on earnings

New Delhi, Nov. 12 -- Low-cost carrier SpiceJet Ltd's loss increased about 36% year-on-year to Rs.621 crore in the July-September quarter, hurt by foreign exchange losses and as many of its planes rem... Read More


P&W to replace engines on grounded IndiGo jets

New Delhi, Nov. 11 -- Engine maker Pratt & Whitney has assured IndiGo that it intends to replace faulty engines of 40-odd grounded planes of the country's largest airline by end-June 2026, said two pe... Read More


Pratt & Whitney to replace engines on grounded IndiGo jets

New Delhi, Nov. 11 -- Engine maker Pratt & Whitney has assured IndiGo that it intends to replace faulty engines of 40-odd grounded planes of the country's largest airline by end-June 2026, said two pe... Read More


P&W to replace engines on grounded IndiGo jets

New Delhi, Nov. 11 -- Engine maker Pratt & Whitney has assured IndiGo that it intends to replace faulty engines of 40-odd grounded planes of the country's largest airline by end-June 2026, said two pe... Read More