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SECTOR | 29 Aug 2025, 06:20PM

Air India fast-tracks legacy A320neo retrofit, eyes September 2025 completion

Business Line

Airline expands MRO network to expedite the upgrade

Aviation

SECTOR | 29 Aug 2025, 03:34PM

CBI books AAI employee for siphoning off 232 cr into his personal accounts

Business Standard

The CBI has registered an FIR against a senior manager of the Airport Authority of India for allegedly siphoning off more than Rs 232 crore into his personal accounts through a complex trail of fictitious accounting entries in three years during his posting at the Dehradun airport, officials said. The alleged embezzlement by Rahul Vijay, senior manager, finance and accounts, was detected in an internal audit, which flagged abnormal capitalisation of assets in the financial records between 2019-20 and 2022-23, they said. The Airport Authority of India (AAI) constituted a committee to verify the findings, which highlighted a complex trail of fictitious accounting entries, asset inflation, and unauthorised fund transfers from the authority's accounts to Vijay's personal accounts. Chandrakanth P, senior manager (finance), AAI, filed a formal complaint with the CBI on August 18, which became the basis of the FIR to be probed by the Economic Offences Unit of the agency. Vijay's alleged .

Aviation

SECTOR | 29 Aug 2025, 02:40PM

Delhi Airport issues passenger advisory as IMD warns of inclement weather

Business Standard

The India Meteorological Department (IMD) has issued an orange alert for most of the zones, including Central, East, South and New Delhi

Aviation

SECTOR | 29 Aug 2025, 10:42AM

DGCA approves IndiGo's 6-month extension of agreement with Turkish Airlines

Business Standard

The airline added that the approval will help mitigate potential losses to the Indian aviation sector while ensuring uninterrupted international connectivity

DGCA approves IndiGo's request to extend agreement with Turkish Airlines for 6 months

Business Line | 29 Aug 2025, 10:41AM 7 more

Aviation

SECTOR | 28 Aug 2025, 07:45PM

Mahindra gets 2nd contract from Airbus for manufacturing H125 fuselage

Business Line

The first fuselage of H125 copter, which is also being assembled in India, will emerge from Mahindra Aerostructures Private Ltd (MASPL) facility in Bengaluru in 2027.

Airbus picks Mahindra Aerostructures to make H125 helicopter main fuselage

Business Standard | 28 Aug 2025, 04:35PM 1 more

Aviation

SECTOR | 28 Aug 2025, 04:16PM

Indigo shares decline over 4 pc on promoter offloading stake

IBTimes India

They have been reducing their stake in the airline since Rakesh Gangwal left the board in February 2022; as of 2025, they have sold almost 9 per cent of the company. By reducing their ownership of InterGlobe Aviation, Rakesh Gangwal and his family have raised more than Rs 45,300 crore since 2022.

Aviation

SECTOR | 28 Aug 2025, 12:09PM

Bengaluru Airport first in India to get Level-2 Accessibility Accreditation

Business Standard

Kempegowda International Airport Bengaluru (BLR Airport) has become the first airport in India to receive Level-2 Accreditation under Airports Council International's (ACI) Accessibility Enhancement Accreditation (AEA) programme, airport authorities said on Thursday. This milestone places Bengaluru Airport among a select group of airports globally recognised for embedding accessibility into strategy, policy, and passenger experience, the Bangalore International Airport Limited (BIAL), which manages KIA, said in a statement. The AEA programme, the world's only initiative dedicated to benchmarking and advancing accessibility in aviation, evaluates airports on facilities, services, and governance, recognising continuous improvements for Persons with Reduced Mobility (PRMs) and Persons with Disabilities (PwDs). Satyaki Raghunath, Chief Operating Officer of BIAK, said, "We are honoured to be awarded the Level-2 Accreditation under ACI's Airport Accessibility Enhancement programme. At BLR

Aviation

SECTOR | 28 Aug 2025, 11:14AM

Boeing on track to hike 737 output by October, Ryanair CEO says

Business Line

Executives at the US planemaker have told O'Leary they're targeting a production rate of 42 a month for the 737 by October after government approvals are secured

Aviation

SECTOR | 27 Aug 2025

Leh Airport's runway closed due to adverse weather conditions: Air India

Business Line

Air India added that the scheduled flights to and from Leh on August 27, 2025, stand cancelled.

Flight operations to Leh affected due to bad weather: Delhi Airport

Business Standard | 27 Aug 2025

Aviation

SECTOR | 26 Aug 2025

US govt could take stakes in defence companies: Commerce Secretary Lutnick

Business Standard

Following Lutnick's comments, shares of Lockheed were up 1.1%, while Boeing was up about 0.7% and Palantir was down about 1%