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Tag: Aviation industry

Domestic air passenger traffic grows 5.1% to about 138.9 million in May: ICRA

Posted on June 6, 2024 By admin
Domestic air passenger traffic grows 5.1% to about 138.9 million in May: ICRA

The momentum in air passenger traffic witnessed in FY2024 is expected to continue into FY2025, ICRA said. File. Image for representation. | Photo Credit: The Hindu Domestic air passenger traffic grew 5.1% year-on-year to an estimated 138.9 million in May and was significantly higher by around 14 per cent than pre-COVID levels, credit ratings agency…

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Business

The travails of becoming a pilot in India

Posted on April 20, 2024 By admin
The travails of becoming a pilot in India

“I have leapt off a cliff. I can either grow wings or crash.” This is how a young trainee pilot describes his predicament after spending five years and ₹1.07 crore on learning how to fly, along with a steep employment bond of ₹50 lakh which locks him in for five years with the country’s biggest…

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Business

Archer Aviation aims to start electric air taxi trials in India next year

Posted on April 19, 2024 By admin
Archer Aviation aims to start electric air taxi trials in India next year

Midnight, an all-electric aircraft from company Archer Aviation, is seen at the Salinas Municipal Airport in Salinas, California, U.S. August 2, 2023. File | Photo Credit: REUTERS Archer Aviation, backed by Stellantis and Boeing, aims to begin trials of its electric air taxi in India next year, ahead of a planned commercial launch in 2026,…

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Business

Air India, CFM finalise order for engines for 400 planes

Posted on July 21, 2023 By admin
Air India, CFM finalise order for engines for 400 planes

Air India has been a CFM customer since 2002 when it began operating A320 neo aircraft powered by CFM56-5B engines. | Photo Credit: The Hindu Air India and CFM International have finalised the order for LEAP engines for the carrier’s new fleet of 400 narrow-body planes. The engines will power 210 Airbus A320/A321 neo and…

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