The Delhi High Court on Friday ordered the aviation regulator, Directorate General of Civil Aviation (DGCA), to process deregistration requests for Go First’s leased aircraft within five days. This severely impacts Go First’s operations, grounding a significant portion of the airline’s fleet. Justice Tara Vitasta Ganju dismissed a plea from the airline’s Resolution Professional to … Read more
Investors, including scheduled banks, are winging their way to the aviation sector in a show of confidence in its growth prospects. According to the Reserve Bank of India, 40 scheduled banks have cumulatively doubled their lending to the aviation sector in January at ₹45,076 crore, as against ₹23,407 crore three years ago. Investments from other … Read more
The Cabinet Committee on Security (CCS) on Thursday gave nod to a Defence Research and Development Organisation (DRDO) project for designing and developing Advanced Medium Combat Aircraft (AMCA) to fulfil Indian Air Force’s (IAF’s) requirement for a fifth generation stealth fighter jet. Also read: MoD signs 5 deals worth ₹39,125 cr for BrahMos, aero engines … Read more
The Ministry of Civil Aviation has implemented a new system to curb congestion at the Mumbai airport. The system involves automatically limiting slot allocations for aircraft. The restrictions cap flights at 42 per hour during normal hours and 44 during high-intensity hours, said Ministry sources. Also read: Charter flight operators upset as Mumbai airport, AAI impose … Read more