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Search resuls for: "SpiceJet"


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A man was trapped in a plane bathroom during a flight after the lock malfunctioned. He says he was "traumatized" and suffered injuries when the plane landed with him still in the restroom. AdvertisementA passenger who was stuck in a plane bathroom for most of a flight said he was left "traumatized" by the incident. It was getting scarier every minute," the passenger told The Times of India. AdvertisementThe man claims he suffered injuries as the plane landed and said he was just given a bottle of water and no medical checkups upon arrival.
Persons: SpiceJet, Organizations: Service, BBC Locations: Mumbai, Bengaluru, India
HYDERABAD, India (AP) — India’s newest airline will buy 150 Boeing 737 Max aircraft, in the first major announced sale for the manufacturer since a panel blew out of another Max model in midflight earlier this month, the airline announced Thursday. Akasa Air CEO Vinay Dube announced the order of the Boeing 737 Max 10 and 737 Max 8-200 planes at an airshow in the southern Indian city of Hyderabad. It currently operates a fleet of 22 Boeing 737 Max 8 and Max 8-200 planes. Political Cartoons View All 253 Images“This milestone demonstrates the strength of our partnership with Akasa Air," Boeing Chief Operating Officer Stephanie Pope said in a statement. Air India, IndiGo, SpiceJet, Vistara, Air India Express and Akasa Air are among India's main airlines.
Persons: Vinay Dube, Max, Dube, Stephanie Pope Organizations: Boeing, Max, Akasa, Alaska Airlines Boeing, Air, Air India Express Locations: HYDERABAD, India, Indian, Hyderabad, Portland , Oregon, South Asia, Air India, Vistara
A passenger on a SpiceJet flight from Mumbai to Bengaluru, India, was locked in the plane bathroom. AdvertisementA bathroom break on a flight turned into a nightmare for one passenger who got stuck in the plane's restroom for the majority of his flight, the BBC reported. On Tuesday, a SpiceJet flight left Mumbai for Bengaluru, India. According to the BBC, the passenger could not exit the restroom and was stuck inside for about an hour of the one-hour-and-45-minute flight. AdvertisementSpiceJet cabin crew realized the passenger was stuck after the "man's distress calls," the BBC reported.
Persons: , @iam_amangulati Organizations: Service, BBC, Independent, New Delhi Television Locations: Mumbai, Bengaluru, India
Akasa told the court it cancelled 600 flights in August and would be forced to cancel up to 700 more in September if the resignations continue, the person added. Akasa has dragged the pilots, many of whom have joined rival Air India Express, to court and initiated legal proceedings against the aviation regulator to enforce the notice period. The notice period ranges between 6-12 months, depending on the pilot's rank, according to the aviation regulator. "All our actions are aimed at creating a durable and reliable airline for the long run," Akasa said in a statement. "Akasa is a well-run airline with strong finances and a solid plan," he said.
Persons: Vinay Dube, Akasa, Dube, Aditya Ghosh, Aditi Shah, Varun Vyas, Aditya Kalra, Louise Heavens, Christian Schmollinger, Kim Coghill, Bernadette Baum Organizations: Akasa, Air India Express, IndiGo, country's, Tata, Air India, Go Air, Boeing, Thomson Locations: DELHI, Delhi
A SpiceJet passenger aircraft taxis on the tarmac at Chhatrapati Shivaji International Airport in Mumbai, India, May 29, 2023. REUTERS/Francis Mascarenhas/File Photo Acquire Licensing RightsNEW DELHI, Sept 11 (Reuters) - India's SpiceJet said on Monday it would pay $1.5 million to Credit Suisse as demanded by the country's top court. If SpiceJet fails to pay, the Supreme Court will take "drastic action" at the next hearing on Sept. 22, it said. The airline had previously said the Credit Suisse debt was an old one that predated the tenure of its current management. In that case, also heard on Monday at a Delhi High Court, SpiceJet said it had deposited 625 million rupees of that amount.
Persons: Francis Mascarenhas, India's SpiceJet, SpiceJet, dally, Ajay Singh, Singh, Kalanithi Maran, Maran, Arpan Chaturvedi, Aditi Shah, Yagnoseni Das, Aditya Kalra, Himani Sarkar, Miral Fahmy, Mark Potter Organizations: REUTERS, Credit Suisse, India's, Madras, Court, Thomson Locations: Chhatrapati Shivaji, Mumbai, India, DELHI, SpiceJet
It is a new challenge for formerly government-owned Air India, which Tata Group took over last year. The CCI, Air India and Vistara did not immediately respond to requests for comment. To address the CCI's concerns, Air India could make concessions such as giving up certain routes or reducing frequency, the second source said, adding that Air India remains confident the matter can be resolved by recommending certain changes. Vistara and Air India both fly on international routes such as London and Dubai and would need antitrust clearances in other jurisdictions, the first source said. Air India is expecting similar queries from foreign countries once it applies for clearance there, but is waiting for the India process to first close, the source added.
Persons: Vistara, Vaibhav Choukse, India's J, Choukse, Aditi Shah, Aditya Kalra, Gerry Doyle Organizations: Vistara, Air India, Tata Group, Tata, Air, The, of India, Singapore Airlines, India's, Sagar Associates, IndiGo, Thomson Locations: DELHI, Air India, India, London, Dubai
NEW DELHI/PARIS, June 20 (Reuters) - Record plane orders by India's top two carriers show the country's untapped potential for air travel and its rise as an aviation superpower, but recent airline failures and rows over regulations suggest progress may not be smooth. A day later, rival Air India firmed up an order for 470 Airbus and Boeing (BA.N) aircraft that, until Monday, had been the industry leading plane deal. LEASING CONCERNSBut while the opportunity in India is big, so are the risks, says Ameya Joshi, an independent aviation analyst. Leasing companies warn that restrictions on repossessing their assets in case of defaults will drive up costs for all Indian airlines - even for IndiGo and Air India. It will eventually help Indian airlines by lowering risk and moderating lease rental costs," said Joshi.
Persons: India's, Jyotiraditya Scindia, planemakers, Ameya Joshi, Joshi, Aditi Shah, Tim Hepher, Joanna Plucinska, Mark Potter Organizations: NEW, Paris, Airbus, Air India, Boeing, Air, CAPA India, planemakers, IndiGo, lessors, Thomson Locations: NEW DELHI, PARIS, Air India, India, New Delhi, outdoing U.S, Paris
India’s airline turbulence will be felt abroad
  + stars: | 2023-05-17 | by ( Shritama Bose | ) www.reuters.com   time to read: +4 min
India’s Go First has gone into bankruptcy – the country’s second airline to do so since 2019. Its subsequent public and messy spat with engine suppliers and lessors will have ripple effects across the industry and abroad. Go, the country’s third largest airline with a 7% market share, blames Raytheon Technologies-backed (RTX.N) Pratt & Whitney’s “faulty” engines. A global industry association, Aviation Working Group, has put India on a watchlist for violating global conventions on repossession of airplanes. The trouble at Go may not put them off but it promises some extra turbulence ahead.
A photo shared on social media showed an uncovered cup of coffee perched on a plane's cockpit controls. Indian airline SpiceJet grounded the two pilots, adding that disciplinary action would follow. The photo, which was shared widely on social media, does not show the pilots' faces. "All pilots are aware of the dangers of spilled liquids in the cockpit," he said, per the media outlet. Indian aviation rules allow pilots to have food and drink in the cockpit but under strict guidelines, per BBC News.
BENGALURU, Feb 24 (Reuters) - India's SpiceJet Ltd (SPJT.NS) reported a 33% surge in third-quarter passenger revenue on Friday as the low-cost carrier flew more customers at higher fares amid a boom in travel demand, sending shares up 13% to a two-month high. The results come as the cash-strapped airline looks to raise capital with competition heating up in the industry. A rebound in passenger travel ensured strength in revenue for airlines like SpiceJet and rival IndiGo (INGL.NS). For the quarter ended Dec. 31, SpiceJet's passenger revenue surged 33% as yields, a proxy for airfares, jumped 21%. ($1 = 82.7550 Indian rupees)Reporting by Nallur Sethuraman and Chris Thomas in Bengaluru; Editing by Sohini GoswamiOur Standards: The Thomson Reuters Trust Principles.
BENGALURU, India, Feb 13 (Reuters) - Boeing Co (BA.N) plans to invest about $24 million in India to set up a logistics centre for airplane parts, Salil Gupte, president of the local unit told Reuters on Monday, boosting its footprint in the country amid a large plane order. Boeing's share includes 220 planes split as 190 737 MAX narrowbody jets, 20 787 widebodies, and 10 777Xs. Boeing forecasts India's carriers will need 2,200 new planes over the next 20 years, and with narrowbody planes making up the bulk Gupte expects that to be a focus area for Boeing. "As the middle-class grows and as India leads the world economic growth, you will see more and more people fly. That means we need to ensure our customers have the narrowbody aircraft they need to serve this market," he said.
[1/2] The logo of Airbus is picuted at the Airbus facility in Montoir-de-Bretagne near Saint-Nazaire, France, March 4, 2022. REUTERS/Stephane MaheDELHI/PARIS, Jan 20 (Reuters) - European planemaker Airbus (AIR.PA) is set to win an order for 235 single-aisle planes as part of a historic purchase of some 495 jets due to be announced by a resurgent Air India on Jan. 27, industry sources told Reuters. Air India and Boeing did not immediately respond to requests for comment. Reuters reported last month that Air India was close to placing orders for around 500 jets from both Airbus and Boeing after months of intense talks on the core plane order. Air India, with its maharajah mascot, was once known for its lavishly decorated planes and stellar service but its reputation declined in the mid-2000s as financial troubles mounted.
Dec 10 (Reuters) - Air India is close to signing an order with Boeing Co to acquire up to 150 737 Max jets, the Economic Times newspaper reported on Saturday, citing sources. The Tata Group-owned Indian carrier will likely place a firm order for 50 737 Max planes with an option to pick up as many as 150, the ET report said. Boeing's last mega order in India came in 2021 when low-cost airline Akasa struck a deal to buy 72 737 MAX jets, valued at nearly $9 billion at list prices. Boeing declined to comment, saying it would "defer to Air India" for a response. Air India did not respond to a request for comment.
[1/2] A broker reacts while trading at his computer terminal at a stock brokerage firm in Mumbai, India, December 11, 2018. REUTERS/Francis MascarenhasBENGALURU, Nov 15 (Reuters) - Indian shares gave up opening gains on Tuesday, dragged by consumer and IT stocks, as investors secured profits after a four-week rally, even as data showed annual retail inflation for October eased roughly in line with estimates. Slower rise in food prices helped India's annual retail inflation ease to 6.77% in October, from 7.41% in the previous month, data showed on Monday. More than 1,000 companies reported their quarterly results on Monday as the country's month-long earnings season drew to a close. Globally, investors will get another look at U.S. inflation when the producer price index data is released at 1330 GMT.
INDIA STOCKS Indian shares may edge higher as inflation eases
  + stars: | 2022-11-15 | by ( ) www.reuters.com   time to read: +2 min
BENGALURU, Nov 15 (Reuters) - Indian shares are expected to open slightly higher on Tuesday, as data showing annual retail inflation eased to a three-month low in October strengthened bets of smaller interest rate hikes from the country's central bank. Globally, investors will get another look at U.S. inflation when the producer price index data is released later in the day. ** Tyremaker Apollo Tyres (APLO.NS) reported a rise in quarterly profit. ** Biocon (BION.NS) reported a decline in quarterly profit as the drugmaker booked a heavy tax expense. ** Indian viscose and chemicals manufacturer Grasim Industries (GRAS.NS) reported a fall in quarterly profit, with brokerage Jefferies saying global slowdown weighed on earnings.
INDIA STOCKS Indian shares fall as Fed signals more rate hikes
  + stars: | 2022-09-22 | by ( ) www.reuters.com   time to read: +1 min
Register now for FREE unlimited access to Reuters.com RegisterBENGALURU, Sept 22 (Reuters) - Indian shares fell on Thursday, in line with Asian peers, while the rupee hit a record low after the U.S. Federal Reserve raised interest rates and indicated more hikes than markets had expected. The NSE Nifty 50 index (.NSEI) fell 0.53% at 17,624, while the S&P BSE Sensex (.BSESN) slipped 0.51% to 59,150 as of 0346 GMT. The Indian rupee hit a record low of 80.45 against the U.S. dollar. Register now for FREE unlimited access to Reuters.com RegisterThe Fed increased rates by 75 basis points on Wednesday – the third such rise in a row – and signalled that it would continue to raise borrowing costs to fight inflation. read moreIndia's central bank is due to meet next week to decide on its own path for monetary policy.
Indian shares set to open lower ahead of Fed rate hike decision
  + stars: | 2022-09-21 | by ( ) www.reuters.com   time to read: +2 min
REUTERS/Francis MascarenhasBENGALURU, Sept 21 (Reuters) - Indian shares are expected to open slightly lower on Wednesday, after two straight sessions of gains, as investors brace for a hefty rate hike from the U.S. Federal Reserve and clues on further hikes. Register now for FREE unlimited access to Reuters.com RegisterForeign investors bought a net $91.9 million worth of Indian equities on Tuesday, Refinitiv data showed. The Fed is set to announce its decision at the end of a two-day policy meeting later in the day. Rate futures traders are pricing in an 81% chance of a 75-basis-point hike and a 19% probability of a jumbo 100 bps increase. Register now for FREE unlimited access to Reuters.com RegisterReporting by Nallur Sethuraman in Bengaluru; Editing by Savio D'SouzaOur Standards: The Thomson Reuters Trust Principles.
Un cuplu indian a închiriat un avion pentru a se căsători printre nori în faţa a 161 de invitaţi, încălcând astfel restricţiile anti-COVID-19, a informat presa luni, potrivit AFP, citat de agerpres.ro. Autoritatea de aviaţie civilă din India a dispus o anchetă şi a suspendat echipajul aeronavei, au precizat surse oficiale. Majoritatea statelor din India - care a depăşit luni pragul de 300.000 de decese asociate COVID-19 - permit un număr maxim de 50 de invitaţi la o nuntă. Potrivit presei, Direcţia Generală a Aviaţiei Civile a cerut SpiceJet să ia măsuri împotriva proaspeţilor miri şi a invitaţilor acestora. "În pofida solicitărilor şi atenţionărilor repetate, pasagerii nu au respectat directivele, iar compania va lua măsurile corespunzătoare în conformitate cu regulile", a adăugat el.
Persons: îşi Organizations: SpiceJet Locations: India, Bangalore, Tamil Nadu
Sursa foto: thetimes.co.ukUn cuplu din India s-a căsătorit în avion pentru a evita restricţiile anti-COVID-19; VIDEOUn cuplu indian a închiriat un avion și a organizat o nuntă la înălțime, cu peste 160 de invitați, în încercarea de a scăpa de restricțiile impuse de pandemia de Covid-19. S-a dispus o anchetă, iar echipajul aeronavei a fost suspendat, au precizat surse oficiale. Majoritatea statelor din India permit un număr maxim de 50 de invitaţi la o nuntă. Autoritatea de aviaţie civilă din India a dispus o anchetă şi a suspendat echipajul aeronavei. Un purtător de cuvânt al SpiceJet a declarat pentru Indian Express că Boeing 737 a fost rezervat de la Madurai la Bangalore de către un agent de turism pentru o călătorie care ar fi fost făcută după o nuntă.
Organizations: Indian Express Locations: India, Tamil Nadu, Bangalore
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