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Air India partners with BIAL to develop Bengaluru as premier aviation hub for South India
IndianStartupNews
·
1y ago
Medial
Air India has partnered with Bangalore International Airport Limited (BIAL) to establish Bengaluru as a prominent aviation hub in southern India. The agreement aims to enhance international connectivity, operational efficiency, and passenger experience over the next five years. The collaboration involves Air India, AI Express, and Vistara, with plans to strengthen the network and establish a dedicated domestic lounge for premium travelers. In addition, Air India has signed an MoU with the Karnataka government to develop maintenance, repair, and overhaul facilities at Bengaluru's Kempegowda International Airport, projected to generate over 1,200 new job opportunities.
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Air India bullish on Bengaluru's aviation growth: Campbell Wilson
Money Control
·
11m ago
Medial
Air India is committed to making Bengaluru a key aviation hub in South India. The airline's CEO, Campbell Wilson, stated that they have committed to making Bengaluru one of their key focus cities. Air India recently signed an agreement with the Karnataka government and Bangalore International Airport Limited to develop the city as a premier aviation hub. The airline is also building a Maintenance, Repair, and Overhaul (MRO) facility in Bengaluru, which is expected to generate over 1,200 job opportunities and support more than 200 SMEs in the state. The MRO facility will have the capacity to accommodate wide-body and narrow-body aircraft and will feature advanced maintenance technology.
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IIT-incubated startup's air taxis to fly in UAE & Southeast Asia
Economic Times
·
5m ago
Medial
IIT-Madras incubated startup, ePlane Company, partners with Dubai-based Empire Aviation Group to globalize its electric aircraft. The collaboration aims to launch eVTOL air-taxis and air-ambulances in India, UAE, Thailand, and Indonesia, leveraging Empire's aviation expertise. Targeting a 2026 commercial launch, ePlane recently secured a $1 billion deal with ICATT for 788 air ambulances in India. Production plans involve discussing locations with state governments and seeking production partners.
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Tata Group companies sign up with Karnataka for investments of Rs 2,300 crore
Economic Times
·
1y ago
Medial
Tata Group companies Air India and Tata Advanced Systems have signed an MoU with the Karnataka government, proposing an investment of Rs 2,300 crore on various projects. Air India plans to establish a maintenance, repair & overhaul facility, making Bengaluru its MRO hub in south India and creating 1,200 jobs. Tata Advanced Systems has three planned projects, including a gun manufacturing facility and an aerospace and defence research and development center. These projects are expected to add 450 jobs.
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Bottomline: Fairfax-controlled Bengaluru airport operator flies into a loss
VCCircle
·
10m ago
Medial
- Bengaluru International Airport Ltd (BIAL), operated by Fairfax India Holdings Corp, reported a loss for the financial year 2023-24. - The Kempegowda International Airport in Bengaluru had a mixed financial performance during this period. - BIAL is the majority owner of the airport and faced financial challenges. - The airport's performance was impacted by various factors, leading to the reported loss. - This financial result raises concerns about the airport's financial stability in the upcoming years. - BIAL needs to assess and address the underlying issues to improve its financial performance.
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IndiGo to develop multiple hubs for non-stop flights to int'l destinations
Livemint
·
1y ago
Medial
IndiGo, India's largest domestic airline, has placed an order for 30 Airbus A350 and Airbus A321 XLR aircraft as it aims to develop multiple hubs in the country. These wide-body planes will allow IndiGo to provide direct connectivity to faraway destinations from different metro cities. The A321 XLR planes will be used for non-stop, 7-8 hour flights to Europe and the Far East countries. With this order, IndiGo joins Air India and Vistara as the only Indian carriers in the wide-body segment. The airline aims to increase its seat capacity on international routes and become a global aviation hub.
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IndiGo Parent To Launch Electric Air Taxis In India By 2026
Inc42
·
1y ago
Medial
IndiGo Airlines' parent company, InterGlobe Enterprises, is set to launch an electric air taxi service in India by 2026, in partnership with Archer Aviation. The joint venture aims to deploy 200 electric vertical takeoff and landing (eVTOL) aircraft in Delhi NCR, Mumbai, and Bengaluru. The initial route is expected to connect Connaught Place in Delhi to Gurugram in under seven minutes. The cost of the deal is estimated at $1 billion. Archer Aviation is currently in discussions with the US Federal Aviation Administration for certification of its eVTOL planes.
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'Singapore among key stakeholders in Bengaluru's development as tech hub'
Economic Times
·
10m ago
Medial
- Singapore has played a significant role in the development of Bengaluru as a global tech hub over the past 30 years. - Singapore's Capitaland is among the key partners in Karnataka's tech infrastructure development. - Singapore and India have a strong partnership, with potential for accelerating business growth in Bengaluru. - Indian talent from around the world, including Indian-origin startups, are returning to Bengaluru to scale up their businesses. - Bengaluru is rated as one of the most advanced technology hubs and best tech cities globally. - Singapore is a global innovation alliance partner for Bengaluru, and Singapore-based companies actively participate in the Bengaluru Tech Summit.
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Air India warned for flying Airbus planes with unchecked escape slides
Economic Times
·
1m ago
Medial
India's aviation regulator has reprimanded Air India for safety violations after three Airbus planes flew without mandatory inspections of emergency equipment. The Directorate General of Civil Aviation (DGCA) identified operational delays in emergency slide checks, with one instance being overdue by over a month. This breach reflects weak procedural controls at Air India, recently taken over by the Tata Group. Air India is now expediting verification of maintenance records, following DGCA's report on inadequate internal oversight.
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Air India lobbies government to axe IndiGo lease with Turkish carrier
Business Today
·
2m ago
Medial
Air India has petitioned the Indian government to terminate IndiGo's leasing collaboration with Turkish Airlines due to business impacts and security concerns arising from Turkey's support for Pakistan. Amid public discontent in India regarding Turkey's stance on India-Pakistan issues, Air India argues that these leases aid Turkey's aviation sector while harming India's. IndiGo, on the other hand, asserts that its partnership with Turkish Airlines benefits Indian travelers and encourages aviation growth.
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Archer to join IndiGo, ride-hailing apps to expand reach of electric air taxis
Livemint
·
1y ago
Medial
InterGlobe, the largest shareholder of IndiGo, is set to form a joint venture with Archer Aviation to launch electric air taxis in India in 2026. Archer Aviation, based in California, is developing electric air taxis with a range of 100 miles and a maximum speed of 240 km per hour. The company expects to gain certification from the US aviation regulator by the end of 2025 and launch in India soon after. The joint venture will also explore opportunities in cargo, logistics, medical services, private charter services, and more in India.
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