Business  /  Published 11.10.21

Airbus pitch to new airline Akasa

Airbus is in conversation with Rakesh Jhunjhunwala-backed new airline Akasa for an aircraft procurement deal, a top official of the European plane manufacturer has said. Akasa has been in discussions...
By PTI in Boston

India  /  Published 24.09.21

Govt buys 56 military aircrafts

"The C295 has proven again as the segment leader, and with the addition of India as a new operator, the type will enlarge its footprint even more, not only on the operational aspects but on its o...
By Our Bureau, PTI in New Delhi

India  /  Published 09.09.21

CCS clears 6 new jets for IAF

The Cabinet Committee on Security (CCS) on Wednesday cleared a nearly Rs 11,000 crore project of the Defence Research and Development Organization (DRDO) to develop six new Airborne Early Warning and ...
By Our Bureau, Agencies in New Delhi

Business  /  Published 08.07.21

Airbus: GST whip on Indian arm

Airbus India’s technical advisory and procurement services for its Francebased holding company are ‘intermediary services’ and liable to 18  per cent GST, the Authority for Adva...
By R. Suryamurthy in New Delhi

World  /  Published 16.06.21

US, EU to end feud over aircraft subsidy

President Biden on Tuesday announced the end of a bitter, 17-year dispute with the EU over aircraft subsidies for Boeing and Airbus, suspending the threat of billions of dollars in punitive tariffs on...
By Steven Erlanger, Michael D. Shear in Brussels


Business  /  Published 15.09.20

Airbus warns of layoffs

Airbus has stepped up warnings of compulsory layoffs as air travel fails to recover as quickly as expected from the coronavirus crisis, putting itself on a potential collision course with unions and t...
By Reuters

Business  /  Published 31.07.20

Airbus deliveries down 50% as travel collapses

European plane maker Airbus saw its deliveries halve during the first six months of the year as travel collapsed during the pandemic and airlines scrounged for cash.  The company, based in Franc...
By AP in Paris

Business  /  Published 25.04.20

Boeing scraps Embraer deal

Boeing Co on Saturday pulled out of a $4.2-billion deal to buy the commercial jets division of Brazil’s Embraer, unraveling years of work on a transformative move driven by expanding competition wit...
By Reuters in Paris

Business  /  Published 11.07.19

IndiGo dogfight over engine deal

The battle between Rakesh Gangwal and Rahul Bhatia, the two founders of IndiGo, has erupted over accusations of falling corporate governance standards at the airline — stemming principally from rela...
By Our Special Correspondent in Mumbai

Business  /  Published 27.10.18

IndiGo to expand capacity 30% despite Q2 loss

IndiGo, the country’s largest domestic airline, will add 30 per cent capacity this financial year to maintain dominance of the world’s fastest growing aviation market, although its parent company ...
By Reuters in New Delhi


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