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Pratt & Whitney signs over $40 million in supply agreements with Indian firms

New Delhi, Oct. 26 -- Aircraft engine maker Pratt & Whitney (PW) has signed multi-year supply agreements worth over $40 million with Indian suppliers as it works towards achieving annual sourcing ... Read More


Honeywell Aerospace scouts for more MRO partnerships in India

New Delhi, Oct. 23 -- US-based Honeywell Aerospace is scouting for more maintenance, repair and overhaul (MRO) partnerships in India as it looks to expand local capabilities. Speaking to businessline... Read More


Air India board ratifies team consolidation, cost-saving plan

New Delhi, Oct. 22 -- Tata Group-promoted Air India's board has ratified a plan to consolidate select teams across Air India and Air India Express, along with additional measures to curtail costs and ... Read More


FIA seeks extension of 7% VAT on aviation fuel in Delhi

New Delhi, Oct. 21 -- India's airline industry has sought continuation of the seven per cent Value-added Tax (VAT) on Aviation Turbine Fuel (ATF) in Delhi beyond November 16, citing sustained pressure... Read More


New rules: Govt may cap unjustified airfares on individual routes

New Delhi, Oct. 20 -- The Centre may impose caps on unjustified airfares on individual routes in exceptional circumstances under the new airfare rules, sources told businessline. However, airlines wi... Read More


Festive airfares shoot through the roof, with some domestic tickets touching Rs.35,000

New Delhi, Oct. 16 -- Festive-season airfares have risen exponentially on several domestic routes, with one-way tickets to destinations such as Patna touching Rs.35,000 on peak travel dates amid eleva... Read More


Air India looks to rejig contracts, insource services

New Delhi, Oct. 15 -- New Delhi, Oct 15 Tata Group-promoted Air India is looking to cut costs through contract rejigs and insourcing of services as part of efforts to strengthen the airline's financi... Read More


Air India board expected to review staff travel policy, cost-saving proposals

New Delhi, Oct. 13 -- To rein in spending, Tata Group-promoted Air India's board is expected to consider several cost-saving measures, including a review of its staff on duty (SoD) policy, sources tol... Read More


Centre considers funding, tax support for early SAF deployment

New Delhi, Oct. 11 -- The Centre is considering financial as well as tax support measures to encourage the early deployment of sustainable aviation fuel (SAF), industry sources told businessline. The... Read More


Airlines seek release of funds arising from VAT relief on ATF

New Delhi, Oct. 9 -- The airlines say OMCs are withholding funds to recover June losses New Delhi, Oct 9 Airlines have sought the release of funds arising from value-added tax (VAT) relief on Aviati... Read More