Aviation Sector

Lilium Jet will be powered by Garmin Standby Flight Instruments

Lilium Jet will be powered by Garmin Standby Flight Instruments

Lilium NV, renowned for pioneering the all-electric vertical take-off and landing ("eVTOL") jet, disclosed the reception of initial standby flight instruments from Garmin®, a distinguished provider

Indigo Airlines becomes the Third Largest Airline in the World

Indigo Airlines becomes the Third Largest Airline in the World

Indigo Airlines has become the third largest airline in the world in terms of market capitalization. The low-cost Indian airline has been growing at a fast pace and reaching new milestones.

CCI issues show-cause notice on Air India Vistara Merger

CCI issues show-cause notice on Air India Vistara Merger

Competition Commission of India has issued show-cause notice to Air India regarding the Air India-Vistara merger. Air India has 30 days period to respond to CCI show cause notice.

Go First Creditors Approve 425 Crore Funding for Revival of Low-Cost Airline; DGCA Nod Awaited

Go First Creditors Approve 425 Crore Funding for Revival of Low-Cost Airline; DGCA Nod Awaited

Go First has received approval from creditors for additional funding required by the grounded airline to restart operations.

GoFirst Asks for Rs 600 crore interim funding to restart operations

GoFirst Asks for Rs 600 crore interim funding to restart operations

Troubled low-cost aviation company GoFirst has asked for Rs 600 crore interim funding to resume operations.

Indian Market Trade Lower; Hindustan Aeronautics signs MoU with GE Aerospace

Indian Market Trade Lower; Hindustan Aeronautics signs MoU with GE Aerospace

Indian markets were trading lower during the Friday morning session with market breadth negative. NSE Nifty was down by almost 0.4 percent at 11 am after going as low as 18647.

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