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The cash-strapped airline wants the tribunal to accept its plea and is seeking an interim moratorium to save its assets, a move the lessors oppose. Go First did not immediately respond to a request for comment on the lessors' bid to deregister the planes. Engine failures have cost the airline 108 billion rupees ($1.3 billion) in lost revenue and expenses, it said. Amid the dispute between the lessors and the troubled airline, banks with exposure to it are awaiting the tribunal's decision to decide their next course of action, two people involved in the talks told Reuters. The company owes financial creditors 65.21 billion rupees ($798 million), its bankruptcy filing showed, and had not defaulted on any of those dues by the end of April.

☆ Swarm of bees delays a Delta flight by three hours
▼ + stars: | 2023-05-04 | by ( Marnie Hunter | ) edition.cnn.com time to read: +3 min

CNN —A swarm of bees touched down on a parked Delta Air Lines aircraft Wednesday, delaying a flight from Houston to Atlanta for about three hours. Delta apologized to customers on the delayed flight. My flight leaving Houston is delayed because bees have congregated on the tip of one of the wings. A swarm of bees delayed an Air India flight in 2019. The airport involved in Wednesday’s bee-related delay hasn’t joined in airport beekeeping efforts – yet.

☆ Disheartened Go First pilots rush to Air India's jobs drive
▼ + stars: | 2023-05-04 | by ( Tanvi Mehta | ) www.reuters.com time to read: +2 min

NEW DELHI, May 4 (Reuters) - Dozens of pilots, many from crisis-hit Go First, flocked to a Tata group hotel near Delhi on Thursday for walk-in interviews with the conglomerate's Air India airline. Air India said on Twitter the hiring drive in Delhi and Mumbai would be extended by a day to Friday. An Air India spokesperson told Reuters it had received more than 700 applications in response to an advert last week for pilots, which it is currently processing. Go First and Vistara - a Tata group joint venture with Singapore Airlines - declined to comment. A planned merger of Air India with Vistara and the launch of Akasa Air have increased competition for staff and planes as the industry recovers.

NEW DELHI, May 3 (Reuters) - India's Wadia Group, the owner of cash-strapped Go Airlines (India) Ltd, is completely committed to the company, and has no plans to exit it, the airline's chief executive said on Wednesday. The news came a day after the airline, recently rebranded as Go First, filed for bankruptcy, blaming "faulty" Pratt & Whitney (P&W) engines for the grounding of about half its fleet. The insolvency proceedings were aimed at reviving the airline and not selling it, Chief Executive Kaushik Khona told Reuters in an interview, adding that the company had made all payments to Pratt & Whitney. The airline was also looking to engage with lessors to dissuade them from taking any action, he added. Reporting by Tanvi Mehta and Chris Thomas; Editing by Clarence FernandezOur Standards: The Thomson Reuters Trust Principles.

☆ An airline had to remind its pilots to keep cockpits 'sterile' after one invited a friend onto the flight deck and asked crew to serve her food and alcohol, reports say
▼ + stars: | 2023-05-03 | by ( Pete Syme | ) www.businessinsider.com time to read: +3 min

An Air India pilot spent over an hour in the cockpit with a "female friend" on a flight to Dubai in February. According to a complaint reported by Indian media, he asked cabin crew to serve her food and alcohol. On Monday, Air India reminded its 1,800 pilots of the "sterile" cockpit rule, reports say. On Monday, Air India warned all its pilots — numbering over 1,800 per the Economic Times — reminding them of the sterile cockpit rule. A spokesperson for Air India told Insider it is conducting an internal investigation into the incident alongside the regulator's independent inquiry.

The case for investing in India — a nation of 1.4 billion — is clear, and only bolstered by recent geopolitical shifts. As Western leaders look to boost economic cooperation with countries that share similar values, India, the world’s largest democracy, stands to gain. Arun Sankar/AFP/Getty ImagesIndia’s so-called “demographic dividend,” the potential economic growth arising from a large working-age population, represents a major opportunity. A recent Air India order for more than 200 Boeing planes could support more than 1 million American jobs. One consistent with our democratic values, and another not.”‘Economic miracle?’Beyond geopolitics, India’s economic and demographic fundamentals are driving business interest.

☆ He bought a budget airline for 30 cents in 2001 and turned it into one of Asia's top budget airlines. Now, he's ready to walk away.
▼ + stars: | 2023-04-26 | by ( Nidhi Pandurangi | ) www.businessinsider.com time to read: +3 min

In September 2001, Fernandes bought the AirAsia brand from a Malaysian government-owned conglomerate for the equivalent of 30 cents at the time. And he's ready to walk away: "Good leadership is to know when to go," he told Bloomberg in an interview published Tuesday. And though he's already talking about plans to replace him, Fernandes doesn't know "exactly when I press the button." Newly privatized carrier Air India appointed an executive of Scoot, the low-cost arm of Singapore Airlines, as CEO in June. There were also airline executive reshuffling at American Airlines and Southwest Airlines in December.

☆ An American Airlines passenger peed on another traveler on a New York to India flight, reports say
▼ + stars: | 2023-04-24 | by ( Bianca Giacobone | ) www.businessinsider.com time to read: +2 min

A passenger on an American Airlines flight from New York to Delhi flight is accused of urinating on a fellow passenger while inebriated. An American Airlines passenger urinated on another traveler midflight, according to local media reports. "American Airlines flight 292 with service from John F. Kennedy International Airport to Indira Gandhi International Airport was met by local law enforcement upon arrival in DEL due to a disruption on board," an American Airlines spokesperson told Insider. At the beginning of March, a 21-year-old student reportedly urinated on another passenger who was asleep on an American Airlines flight from New York to Delhi. In January, Wells Fargo fired an employee who was accused of urinating on a fellow passenger while on Air India's New York to Delhi flight in November.

☆ Boeing has a delivery problem and it's not good for the airlines that rely on its planes
▼ + stars: | 2023-04-15 | by ( Taylor Rains | ) www.businessinsider.com time to read: +6 min

These include the MAX 7, MAX 8, and the MAX 8200, which is a high-capacity version of the MAX 8 variant. American has 42 MAX planes in its fleet and 88 on order. The carrier has 137 MAX planes in its fleet with firm orders for 417, plus another 147 as options. Though Boeing and its partners are still assessing the impact of the most recent delivery stoppage, delivery delays have become a serious trend for the planemaker. And, Boeing said despite its recent 787 delivery pause, it didn't "anticipate a change to our production and delivery outlook for the year."

WASHINGTON, April 12 (Reuters) - Japan, France and India will announce a new platform for creditors to coordinate restructuring of Sri Lanka's debt, Japanese Finance Minister Shunichi Suzuki said on Wednesday, adding it would be "very nice" if China were to join the effort. As chair of this year's Group of Seven (G7) meeting, Japan has put efforts to address debt vulnerabilities of middle-income countries such as Sri Lanka as among priorities for debate. The announcement of the new platform, initiated by Japan, France and G20 chair India, will be made on Thursday, Suzuki said in a news conference after the G7 finance leaders' meeting. The platform will likely consist of a series of meetings of the creditor nations to discuss the debt. It will be very nice if China will join," Suzuki said.

☆ G7 to discuss digital currency standards, crypto regulation
▼ + stars: | 2023-04-11 | by ( Leika Kihara | ) www.reuters.com time to read: +3 min

"As a priority of this year, the G7 will consider how best to help developing countries introduce CBDC consistent with appropriate standards, including the G7 public policy principle for retail CBDC," he said. Outside the G7, China has been leading the pack on issuing a digital currency. G7 central banks have set common standards toward issuing CBDCs as some proceed with experiments. The collapse of crypto exchange FTX last year "was a serious wake-up call" for policymakers to create regulation across borders, he said. Reporting by Leika Kihara in Tokyo; Editing by Jamie FreedOur Standards: The Thomson Reuters Trust Principles.

☆ Boeing aircraft deliveries jump as airlines await new jets for travel rebound
▼ + stars: | 2023-04-11 | by ( Leslie Josephs | ) www.cnbc.com time to read: +1 min

An aerial view of the engines and fuselage of an unpainted Boeing 737 MAX airplane parked in storage at King County International Airport-Boeing Field in Seattle, Washington, June 1, 2022. Boeing delivered 64 planes last month, the most since December, while some customers continue to await new aircraft to capitalize on a boom in travel. Boeing also handed over 52 of its bestselling 737 Max jets, just as it gears up to increase production of the planes. The company has targeted deliveries of more than 400 Max planes this year. Boeing also reported net orders for 38 planes in March as demand picks up for new jets.

☆ Boeing just sold hundreds of Dreamliners — now it just needs to figure out how to consistently deliver them
▼ + stars: | 2023-04-01 | by ( Taylor Rains | ) www.businessinsider.com time to read: +5 min

This is not the first time Boeing has had to stop 787 deliveries. Despite the latest pause, Boeing said it didn't "anticipate a change to our production and delivery outlook for the year." Henry Harteveldt, travel analyst and president of Atmosphere Research Group, told Insider the Boeing 787 is favorable due to its fuel efficiency, versatility, and passenger comfort. Boeing told Insider it will "continue to produce at a slow rate as we increase back to five per month." "In the case of the 787, you've got components coming in from many countries around the world," he told Insider.

☆ Air India's plans to modernise under new owner Tata
▼ + stars: | 2023-03-31 | by ( ) www.reuters.com time to read: +3 min

2022June 15 - Campbell Wilson, the New Zealand-born former CEO of Singapore Airlines (SIAL.SI) budget offshoot Scoot takes over as Air India CEO. July 4 - Air India signs a deal to adopt Amadeus IT Group's (AMA.MC) Altea software, including for revenue management. Nov. 2 - Air India completes a deal to acquire 100% of AirAsia India and begins to integrate it with Air India Express as part of a broader restructuring of Tata's airline business. Nov. 29 - Tata says it will merge Air India with Vistara, its joint venture with Singapore Airlines. Feb. 13 - Air India resumes non-stop service between Mumbai and New York, weeks after the launch of non-stop Mumbai-San Francisco.

[1/2] An Air India Airbus A320neo passenger plane moves on the runway after landing at Sardar Vallabhbhai Patel International Airport, in Ahmedabad, India, October 22, 2021. In another sign of the formerly government-owned carrier's whirlwind transformation under its new owner Tata Group, Air India is testing ChatGPT, OpenAI's popular chatbot, to replace paper-based practices. Air India is not only reworking every aspect of operations - from systems to supply chains - but integrating four Tata-related airlines, with Air India due to merge with Vistara while low-cost Air India Express and AirAsia India also converge. Airline mergers in India have had little success with Air India still hobbled by the botched integration of Indian Airlines in 2007. Air India's planes are already a mix of Airbus (AIR.PA) and Boeing (BA.N) jets with multiple cabin configurations.

Airbus and Boeing have both highlighted the scale and technology of existing investments in India, playing down the significance of final passenger jet assembly. Boeing said it buys $1 billion a year in parts and services from India, while Airbus said it buys $700 million. "There's a desire in every country to have as much manufacturing as possible ... and final assembly is a desire that you see all around the world," Salil Gupte, president of Boeing India, told Reuters. "The volumes that you would require for final assembly on the commercial part of the business are just far, far greater," he said. "Even without the C295 FAL, the Airbus industrial footprint in India already generates more foreign exchange value and jobs for the country than any modern assembly activity would," said Remi Maillard, president of Airbus India & South Asia, by email.

☆ India's travel industry may not overtake China soon but there are still 'massive' opportunities
▼ + stars: | 2023-03-24 | by ( Charmaine Jacob | ) www.cnbc.com time to read: +5 min

Nurphoto | Nurphoto | Getty ImagesIndia's airline industry may be on a strong growth trajectory — but don't expect India's outbound travel to overtake China's soon, aviation analysts say. "The gap between China and India is huge," Lalitya Dhavala, valuations consultant at travel analytics firm Cirium told CNBC. India's robust growth trajectoryThe analysts agree there's potential for growth in India's domestic and international travel market. In comparison to China, India has a larger share of young adults, with 40% of its population under 25 years old, Dhavala said. Late last year, Indian conglomerate Tata Group announced that Vistara will merge with national carrier Air India by March 2024.

[1/2] Air India passenger aircraft are seen on the tarmac at Chhatrapati Shivaji International airport in Mumbai, India, February 14, 2023. Current limits on the amount of flying allowed between India and many markets date back to heavy losses at Air India around the beginning of the last decade, analysts said. "We are not getting enough share from this market," Turkish Airlines Chief Executive Bilal Eksi told the CAPA India conference. "I think it's about time that our carriers looked at the international market with greater focus. Other analysts noted India is not alone in making use of a post-war system of air traffic agreements to aid development.

[1/2] An Air India Airbus A320 plane is seen at the Boryspil International Airport upon arrival, amid the coronavirus disease (COVID-19) outbreak outside Kiev, Ukraine May 26, 2020. "India is now at that inflection point," Scindia said during an interview at his office in New Delhi. "We are going to see an explosion of air traffic in India in the years to come," he said, adding he wanted domestic carriers to look at international expansion with greater focus. Air India last month placed a record order for 470 jets and is making an aggressive push in the international market. Scindia said India was not looking at increasing air traffic quotas with Gulf states and instead wanted Indian carriers to offer non-stop long haul flights on larger planes.

☆ India hunts Sikh preacher who has revived calls for homeland
▼ + stars: | 2023-03-21 | by ( Krishn Kaushik | ) www.reuters.com time to read: +4 min

Top Punjab police officer Sukhchain Gill told Reuters that Singh had set up a militia called Anandpur Khalsa Fauj. Singh has said striving for a separate country, that Sikhs call Khalistan, was not an anti-democratic and should not be taboo. Sikh militants complaining of unfair treatment on the part of the central government began agitating for a separate homeland in the 1970s. Singh had become popular through social media during drawn protests in 2020-21 by thousands of farmers from Punjab, many of them Sikh, against agricultural reforms. Sikh militants were blamed for the 1985 bombing of an Air India Boeing 747 flying from Canada to India in which all 329 people on board were killed.

☆ India's on its way to becoming a key pillar in global aviation, says Air India CEO
▼ + stars: | 2023-03-20 | by ( ) www.cnbc.com time to read: 1 min

Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailIndia's on its way to becoming a key pillar in global aviation, says Air India CEOCampbell Wilson, the airline's chief executive officer, says "the next decade is India's story" as much as any other player in the aviation industry.

☆ India to boost aviation infrastructure as demand booms
▼ + stars: | 2023-03-20 | by ( ) www.reuters.com time to read: +2 min

NEW DELHI, March 20 (Reuters) - India outlined plans on Monday to invest billions of dollars in airports, aircraft and recruitment as the world's fastest-growing economy seeks to meet booming air travel demand. Growth will include new airports, more regulators and air traffic controllers, and new flying schools, Civil Aviation Minister Jyotiraditya Scindia told an industry audience. "We need to put in place the civil aviation infrastructure and capabilities that by 2047 would be able to support a $20 trillion economy within India," Scindia told the CAPA India Aviation Summit in New Delhi. Where at one point we did not have passengers to fill our airplanes ... now we do not have enough airplanes to fly our passengers," Scindia said. Consultancy CAPA India expects at least 1,300 more orders from Indian airlines in the next 1-2 years, weeks after Air India announced a record order for 470 jets.

WASHINGTON, March 16 (Reuters) - Boeing (BA.N) confirmed on Thursday it delivered a 787 Dreamliner to German airline Lufthansa (LHAG.DE), its first since deliveries were halted in late February after it disclosed a data issue with a component. The Federal Aviation Administration confirmed last month that Boeing had paused deliveries due to the data analysis error related to the jet’s forward pressure bulkhead, which the company found after reviewing certification records. The FAA said Friday it was satisfied the issue has been resolved and approved Boeing to resume delivering 787s. Boeing is expected to deliver another 787 to American Airlines (AAL.O) shortly, sources said. Between the Saudi deal and separate orders from United Airlines and Air India, Boeing has received orders for almost 200 Dreamliners over the past four months.

On Tuesday, Boeing announced orders for 78 Dreamliners, split between state-owned Saudi Arabian Airlines (Saudia) and new national airline Riyadh Air. The $37 billion sale, which Boeing called its fifth-largest commercial order by value, followed a deal with United Airlines (UAL.O) in December for 100 Dreamliners and a purchase by Air India that included 20 787s. Planemakers are also grappling with the after-effects of the pandemic, which forced waves of layoffs and retirements of skilled workers. While Airbus outsold Boeing in the Air India deal, landing orders for 40 A350 widebodys, the U.S. planemaker swept both the United Airlines and Saudi orders. “Saudi Airlines is a government-owned airline, and so there are politics involved with this,” analyst Stallard said.

☆ Boeing sells 78 Dreamliner planes to Saudi airlines
▼ + stars: | 2023-03-14 | by ( Leslie Josephs | ) www.cnbc.com time to read: +1 min

Boeing said Tuesday that it has reached a deal to sell 78 of its 787 Dreamliner planes to two Saudi Arabian airlines, the latest large order for the wide-body jets in the past few months. The jetliners will go to Saudi Arabian Airlines, or Saudia, and a new airline, called Riyadh Air, which Crown Prince Mohammad bin Salman announced over the weekend. "This will support the country's goal of serving 330 million passengers and attracting 100 million visits by 2030," Riyadh Air said in a news release. In December, United Airlines agreed to buy at least 100 Dreamliners from Boeing and last month, Air India placed an order for 460 Boeing and Airbus planes. Boeing is set to resume deliveries of the Dreamliner planes this week after a weekslong pause resulting from a data analysis issue it disclosed last month.

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