Tag: Airbus

Shady players, aviation scam and the boom and bust of airlines in India

Lalit Shastri The fate of now closed Kingfisher Airline, Air India’s huge debt burden and the latest grounding of Jet Airways raises several burning questions. The merger of Indian Airlines with Air India and the reckless acquisition of aircraft by these airlines ahead of their merger and many related issues has put the former Union

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Three FIRs by CBI and how Air India went in the red

Lalit Shastri The Central Bureau of Investigation on Monday, 29 May 2017, registered three cases (FIRs) and one Preliminary Enquiry against Air India, “unknown” officials of Union Ministry of Civil Aviation and others on orders of Supreme Court of India in response to an SLP by Centre for Public Interest Litigation. This SLP (Civil) [No. 25545

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China rolls out its first homegrown passenger jet

Newsroom24x7 Desk Beijing : Making a major advancement in the aviation industry, China took a giant leap and rolled out its first homegrown large passenger jet off the production line in Shanghai, vowing to challenge the dominance of Airbus and Boeing in the global commercial aviation market. This move of industrial capture by China can

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New era of Private Participation in Defence Manufacturing

Newsroom24x7 Desk Government of India has withdrawn excise and customs duty exemptions available till now to goods manufactured and supplied to Ministry of Defence by Ordinance Factory Board and Defence PSUs to provide a level playing field to Domestic Private Players bidding for Government contracts. Till now the strategic advantage was with PSUs as they

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