Friday, September 30, 2022

India appoints Lt General Anil Chauhan (Retired) as Chief of Defence Staff

NEW DELHI: The government of India has decided to appoint Lt General Anil Chauhan (Retired) PVSM, UYSM, AVSM, SM, VSM as the next Chief of Defence Staff (CDS) who shall also function as Secretary to Government of India, Department of Military Affairs with effect from the date of his assumption of charge and until further […]

HAL’s rocket engine manufacturing facility inaugurated in Karnataka

BENGALURU: An Integrated Cryogenic Engine Manufacturing Facility (ICMF) set up by Hindustan Aeronautics Limited (HAL) that would cater to the entire rocket engine production under one roof for Indian Space Research Organisation (ISRO) was inaugurated by President Droupadi Murmu here on Tuesday. The state-of-the-art ICMF, set up over an area of 4,500 square metres houses […]

Akasa Air to start services to Guwahati, Agartala from Bengaluru

NEW DELHI: Newly-launched Akasa Air on Monday said it will commence its flight services to the northeast with the addition of Agartala (Tripura) and Guwahati (Assam) from October 21. As part of this expansion, the airline will connect the two north-eastern destinations, which will be its seventh and eighth, respectively, with Bengaluru, Akasa Air said […]

Flight operations at Mumbai airport to remain suspended for 6 hours on October 18

MUMBAI: Flight operations at Mumbai airport will remain suspended for six hours on October 18 for runway maintenance work, which is likely to hit passengers significantly, the private airport operator said on Thursday. Mumbai airport has two intersecting runways, the main runway 9/27 and secondary runway 14/32, which handle around 800 flights per day, making […]

Defence Ministry signs contract worth Rs 1700 crore to acquire additional Brahmos missiles

NEW DELHI: In a further impetus to self-reliance in defence production, the Defence Ministry on Thursday signed a contract with BrahMos Aerospace for acquisition of additional dual-role capable surface-to-surface BrahMos missiles at an approximate cost of Rs 1,700 crore under ‘Buy-Indian’ category. In a statement, the ministry said the induction of these dual-role capable missiles […]

13 US firms on two-day visit to explore Telangana’s aerospace ecosystem

NEW DELHI: As many as 13 USA aerospace companies arrived here on Wednesday for a two-day trade mission to explore Telangana’s aerospace ecosystem and meet with potential business partners in the region. A press release from the US Consulate here said the trade mission, which is organised by the US Commercial Service in India, will […]

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Boeing to spin off venture capital arm

NEW DELHI: Boeing and AE Industrial Partners (AEI) have announced a strategic partnership to expand Boeing’s venture capital investing in mobility, space and connectivity, industrial tech and enterprise digital solutions, with a broader emphasis on sustainability. The partnership brings together Boeing’s aerospace and technology innovation and its HorizonX Ventures platform with AEI’s operational and private […]

GoAir plans Rs 2,500 crore IPO early FY22; may file preliminary papers in April

NEW DELHI: Wadia group-owned GoAir plans to come out with a Rs 2,500 crore-initial share sale early next fiscal, according to sources. The no-frills airline has been working on expansion plans and an Initial Public Offer (IPO) will help in raising funds. In recent months, many companies have hit the capital market with their IPOs […]

Surveys & air transport

Pakistan extends airspace ban along its eastern border with India till 28

LAHORE: Pakistan on Thursday extended its airspace ban along its eastern border with India for the third time till June 28, according to a notice issued by the country’s Civil Aviation Authority (CAA). Pakistan fully closed its airspace on February 26 after the Indian Air Force struck a Jaish-e-Mohammed (JeM) terrorist training camp in Balakot. […]