In an interim relief to the budget-career SpiceJet, the Supreme Court has granted three weeks to resolve its financial dispute with Swiss firm Credit Suisse AG. The Court also stayed the verdict of Madras High Court granting permission to wind […]
In response to Air India’s privatisation, Union Minister Jyotiraditya Scindia said that nationalising an airline belonged to the private sector was a 69-year-old mistake. Minister sees Air India disinvestment as a mistake corrected. He gave credit for the success of […]
The Tamil Nadu government is expediting the process for constructing the next greenfield airport in the state. According to reports, the government is said to have identified four plots at Parandur, Sriperumbudur, Mamallapuram and Tirupur. The selection of land is […]
A new video filmed from the aircraft carrier fantail appears to show the F-35C doing short, heavy landing. Yesterday we posted a photograph, believed to be genuine, showing the F-35C belonging to the “Argonauts” of [...]
The Federation of Indian Pilots, along with three other bodies representing pilots and aircraft owners, has petitioned Prime Minister Narendra Modi to recognise the anniversary of Jehangir R.D Tata’s first flight as India’s ‘National Aviation Day.’ On October 15, 1932, […]
Nearly all gas-turbine airplanes run on jet fuel. Also known as aviation turbine fuel, it’s a type of kerosene that’s made of ultra-refined petroleum. It was invented in the mid-1900s. Since then, jet fuel has been used to power countless … Read More
The Asia-Pacific region, which has emerged to be the economic hotspot in the last few decades, displayed a huge slump during the first wave of the COVID-19 pandemic. However markets recovered themselves in 2021 to greater extent and the economists are forecasting an expansion of that steady growth in the year 2022 as well. This growth is accredited to the economic expansion and policy changes in countries like India. However, despite becoming the latest epicenter for sourcing and manufacturing activities, economic growth in certain countries is expected to slow down this year due to various reasons. This article is an […]
Bain Capital, the private equity firm that purchased Virgin Australia out of voluntary administration in November 2020, is reportedly eyeing to float the company on the ASX as soon as 2023.