News
Fri 06 Dec 2024
: Fairfax India has announced plans to acquire an additional 10% equity interest in Bangalore International Airport Limited (BIAL) from Siemens Project Ventures GmbH for $255 million. This acquisition will raise Fairfax India’s stake in BIAL from 64%...
Fri 06 Dec 2024
: The European Space Agency (ESA) launched its Proba-3 mission, a two-satellite system designed for solar observation, aboard the Indian Space Research Organisation’s (ISRO) PSLV-XL rocket on December 5, following a one-day delay due to a technical...
Fri 06 Dec 2024
: The Karnataka state government has finalized 6,000 acres of land near the Nelamangala-Kunigal stretch of National Highway 75 for the proposed second international airport near Bengaluru, according to reports.
The site selection follows a detailed...
Fri 06 Dec 2024
: SITA, a provider of air transport technology, and IDEMIA, a company specializing in biometrics and computer vision, have announced an expansion of their partnership to address challenges in airport baggage handling and operational efficiency.
The...
Fri 06 Dec 2024
: Air India Express has announced plans to expand its fleet size and introduce new routes while deferring its planned services between Kolkata and Dhaka due to the ongoing political situation in Bangladesh. The airline had initially scheduled six...
Thu 05 Dec 2024
: Boeing has announced a $100 million investment in pilot training and infrastructure in India, aiming to address the country's growing demand for skilled pilots. According to industry projections, India will require approximately 31,000 new pilots...
Thu 05 Dec 2024
: Mahindra University has entered into a Memorandum of Understanding (MoU) with Airbus to collaborate on research, education, and innovation in aerospace and digital technologies. The partnership will involve curriculum development, industry training...
Thu 05 Dec 2024
: Ramco Systems has announced a partnership with Hanjin Information Systems & Telecommunication Co., Ltd. (HIST), a subsidiary of South Korea's Hanjin Group, to implement its Aviation 6.0 software. This collaboration aims to support the digital...
Wed 04 Dec 2024
: Deoghar Airport, managed by the Airports Authority of India and the second airport in Jharkhand, has launched flight connectivity to Mumbai. IndiGo Airlines will operate three weekly flights between Deoghar and Mumbai, expanding its services from...
Wed 04 Dec 2024
: The Defence Acquisition Council (DAC) has approved five capital acquisition proposals worth over Rs. 21,772 crore to enhance India's defence capabilities. The approvals were granted during a meeting chaired by Defence Minister Rajnath Singh on...
Tue 03 Dec 2024
: Efforts to advance the long-delayed Purandar International Airport project are underway, with authorities adopting a voluntary land purchase model to expedite land acquisition. This approach, similar to the one used for the Samruddhi Expressway,...
Tue 03 Dec 2024
: The Indian Navy is in advanced stages of finalizing agreements worth approximately ₹90,000 crore for the acquisition of 26 Rafale Marine fighter jets and three additional Scorpene-class submarines. The deals are expected to be signed by next month,...
Tue 03 Dec 2024
: Collins Aerospace has announced plans to strengthen its sourcing and manufacturing operations in India, with a focus on avionic systems, interior components, and aerostructures. The company has already invested $200 million in research, development...
Mon 02 Dec 2024
: India will witness the addition of two new international airports in 2025, with Navi Mumbai International Airport scheduled to launch mid-year and Noida International Airport at Jewar, Uttar Pradesh, set to open on April 17, 2025.
The Navi Mumbai...
Mon 02 Dec 2024
: Dr. Jaiteerth R Joshi has assumed the role of Chief Executive Officer and Managing Director at BrahMos Aerospace. He succeeds in overseeing one of India's prominent defense technology organizations known for the BrahMos supersonic cruise missile...