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 […]

Continue Reading

Britain starts mandatory self-quarantine for arrivals

Britain introduced a two-week quarantine on Monday for most people arriving from abroad to try to limit the spread of the coronavirus, sparking condemnation from the ailing aviation sector, which claims it could cost tens of thousands of jobs. British residents and overseas visitors will have to comply with the 14-day self-isolation rules or face […]

Continue Reading

Airbus, Air Austral sign a purchase agreement for three A220s

NEW DELHI:Air Austral, France’s Réunion Island-based airline, has signed a firm order for three A220 aircraft, Airbus’ newest family member. With this order Air Austral becomes the first A220 customer based in the Indian Ocean region. Benefitting from a 20% reduction in fuel burn and CO2 emissions, the A220s will enable Air Austral to reduce […]

Continue Reading

Airbus Helicopters supports modernisation of training centre in Ukraine

NEW DELHI: Airbus Helicopters has accelerated the set-up of new pilot and technician training capabilities in Ukraine. The company will be delivering an H225 Full Flight Simulator (FFS) that will be based in Krementchuk, as well as delivering the first two H125 for pilot training purposes by the end of December 2019. “We are very […]

Continue Reading