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Air India to set up South Asia's largest flying school in Amravati
Internet
·
1y ago
Medial
Tata Group's airline unit Air India is set to establish a Flying Training Organisation (FTO) at Amravati in the Vidarbha area. The FTO at Amravati's Belora airport is expected to become operational by mid-2026 and 180 commercial pilots will pass out every year. Notably, the FTO will have 31 single-engine and 3 twin-engine aircraft for training purposes.
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MS Dhoni-backed EMotorad’s e-cycle gigafactory almost ready
Economic Times
·
1y ago
Medial
Pune-based electric cycle manufacturer EMotorad, backed by cricketer Mahendra Singh Dhoni, is nearing completion of the first phase of its factory in Pune. The 240,000 sq. ft. facility, set to be inaugurated on 15th August, will have the capacity to produce 500,000 e-cycles. Eventually, it is expected to become South Asia's largest e-cycle gigafactory. EMotorad also plans to expand its product range and enter international markets. The company currently holds a 65% share of India's e-cycle market and aims to achieve sales of INR 270 crore in FY25.
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Overseas air traffic up 13% in April-June, domestic airlines gain | Mint
Livemint
·
11m ago
Medial
The number of international passengers flying to and from India increased by 13% in the April-June quarter, reaching around 17.7 million passengers. This drove the share of domestic airlines in overseas traffic higher. Low-cost carrier IndiGo had the largest individual share of international traffic at 18.3%, followed by Air India with a 12.3% share. Overall, Indian airlines expanded their share of total overseas traffic to 45.6%, while the share of foreign airlines decreased to 54.4%. The increased demand for air travel is not limited to metros and is also seen in tier-2 cities in India.
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Air India, Vistara merger: Club Vistara to integrate with Flying Returns from Nov 12 | Mint
Livemint
·
10m ago
Medial
Air India and Vistara will finalize their merger on November 12, 2024. As part of the integration, Vistara's frequent flyer program, Club Vistara, will be merged with Air India's Flying Returns program. The process has already begun, with flight bookings redirected through Air India's website. Club Vistara members are encouraged to link their accounts with Flying Returns for a smooth transition. The merger aims to provide a wider network and improved services under Air India's ownership by Tata Group. The airline is focusing on updating its fleet and enhancing its offerings, especially in the premium segment.
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AirAsia chief to scout for more fundraising after SPAC listing
Livemint
·
1y ago
Medial
AirAsia CEO Tony Fernandes plans to seek additional funding in Southeast Asia's equities markets after the company's planned SPAC listing in the US later this year. Fernandes mentioned possible options for fundraising, such as revisiting plans for an IPO of aviation assets in the Philippines and doing a share placement in Indonesia. He also expressed intentions to eventually list nonaviation units. AirAsia, Southeast Asia's largest budget carrier, aims to recover from the pandemic and expand globally, with plans to fly to major destinations worldwide. The company's future success depends on the recovery of air travel and operational improvements across Asia.
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Meet FWD-LM01, the Indian drone that flies 100km, finds targets, and hits on its own
Economic Times
·
1m ago
Medial
India has introduced the FWD-LM01, a tactical drone by Flying Wedge Defence and Aerospace, at the Paris Air Show. This indigenous loitering munition can operate autonomously for up to 1.5 hours, reaching altitudes of 17,000 feet with a 100km range and a 2kg payload. Its AI-enabled targeting and navigation systems highlight India's growing capabilities in drone technology and modern warfare. The system is entirely made in Bengaluru and is ready for export.
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Air India plane crash: AI-171 Capt Sumeet Sabharwal had 8,200 flying hours, co-pilot Clive Kundar had 1,100
Economic Times
·
1m ago
Medial
An Air India flight bound for London with 242 people on board crashed shortly after takeoff from Ahmedabad’s Sardar Vallabhbhai Patel International Airport. The Boeing 787 Dreamliner, operating as flight AI 171, issued a MAYDAY call but did not respond to further air traffic control communications. The flight was piloted by Captain Sumeet Sabharwal with 8,200 flying hours and First Officer Clive Kundar with 1,100 hours. Air India is investigating the incident.
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Air India to offer 3-class cabin configuration on domestic routes. Details here
Livemint
·
1y ago
Medial
Air India has introduced a new three-class configuration on its A320neo aircraft for domestic and short-haul international routes. The configuration includes a Business class, Premium Economy, and Economy class. This upgrade is part of Air India's efforts to enhance the flying experience and transform it into a world-class airline. The airline has already refitted two A320neo aircraft with the new configuration. In addition, Air India has announced its flight schedule for these three-class flights, offering greater choice to its passengers.
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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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Vistara-Air India merger progresses after Singapore Airlines gets FDI nod from India | Mint
Livemint
·
11m ago
Medial
The Indian government has approved foreign direct investment for the proposed merger between Air India and Vistara, making way for the creation of one of the world's largest airline groups. The deal, expected to be completed by the end of this year, will see Singapore Airlines acquire a 25.1% stake in Air India. The merger has already received approval from regulatory bodies, including the National Company Law Tribunal and the Competition Commission of India. Discussions are underway to extend the completion date, currently set for the end of 2024.
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India’s mango exports hit $60 mn
Inshorts
·
1m ago
Medial
In FY 2023–24, India exported over 32,000 tonnes of mangoes worth $60.1 million, the highest in five years. With top buyers like the US, UAE, and UK, Indian mangoes are now flying and sailing abroad. India is the world’s largest mango producer, contributing about 40-50% of global output.
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