AVIATOR
MH370 mystery: $70 million reward and a last-ditch effort by Malaysia to solve aviation's biggest puzzle
The search for Malaysia Airlines Flight MH370 has resumed, with Malaysia agreeing to terms with Ocean Infinity for a new seabed search in the southern Indian Ocean, covering 15,000 square km. This search, based on a "no find, no fee" principle, could cost $70 million if successful. The search, which started in 2014, aims to solve one of aviation's greatest mysteries.
IndiGo shares FY30 roadmap ahead of investor meet, stock surges by 2%
IndiGo shares surged 2.33% after the airline unveiled an ambitious FY30 growth roadmap. It plans to carry 118 million passengers in FY25, expand its fleet, and add 14 new destinations in FY26. The introduction of Airbus A321 XLR and aggressive international expansion strengthen its market position. IndiGo’s stock has gained nearly 52% over the past year.
BPCL shares rise nearly 2% today; here’s why
BPCL shares increased by 1.6% after the company announced partnerships with BluJ Aerospace and KPIT Technologies for hydrogen-based projects. BPCL also launched the 'Emerge' cohort under its BPCL Ankur Fund to support startups in energy efficiency and city gas distribution, investing up to Rs 5 crore in early-stage ventures.
Honduras plane crash: At least 12 killed, including popular musician Aurelio Martinez
At least 12 people died in a plane crash off the coast of Roatan, Honduras. The aircraft, heading to La Ceiba, turned sharply and fell into the sea. Authorities attribute the crash to a possible mechanical failure. Five survivors were rescued, and one person remains missing.
Honduras plane crash: 12 dead, survivors rescued as emergency response unfolds
A Lanhsa airline plane carrying 18 people crashed into the sea near Roatán, Honduras, shortly after take-off, leaving 12 dead, five injured, and one missing. The aircraft reportedly suffered mechanical failure before plunging into deep waters, complicating rescue efforts. Authorities have deployed divers to recover bodies and locate the missing passenger.
Delhi High Court seeks responses on DIAL’s petition against commercial flight operations from Hindon Air Force Station
The Delhi High Court has sought responses from the ministry of civil aviation, AAI, and others on a petition by DIAL against starting commercial flight operations at Hindon Air Force Station. DIAL contested the government's decision after AAI rejected their representation based on policy.
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AAI examining DIAL's inputs on canopy collapse at old terminal
The Airports Authority of India is reviewing DIAL's inputs on the investigation report regarding the forecourt canopy collapse at Terminal 1 of Delhi airport in June 2024. The incident, caused by heavy rain, resulted in one death and injuries to six people. A compensation of Rs 20 lakh has been given to the deceased's family.
DGCA asks airlines to regularly inspect serviceability of seats
Aviation watchdog DGCA has urged airlines to conduct regular seat inspections to maintain serviceability, with Air India implementing a weekly cushion check. This follows complaints from Union Minister Shivraj Singh Chouhan about a faulty seat. The responsibility for seat maintenance lies with the airlines, and defects should be fixed before reallocation to passengers.
120 more locations under UDAN scheme, 4 cr people to be air connected in next 10 yrs: Naidu
The Indian government plans to add 120 new locations through the UDAN scheme over the next decade, aiming to connect 4 crore more people. The scheme has previously connected 1.5 crore individuals, successfully promoting regional air connectivity and reducing congestion at major airports.
Govt to issue show cause notice to Air India on wheelchair non-availability to elderly woman: Minister
Civil Aviation Minister Kinjarapu Rammohan Naidu stated that the ministry is investigating the complaint regarding the non-availability of a pre-booked wheelchair for an elderly Air India passenger. Additionally, the ministry is addressing issues related to clogged toilets on a Chicago flight, emphasizing proper service standards and guidelines.
Delhi airport operator sues government over flights from defence airbase
The operator of Delhi's international airport, Delhi International Airport Limited (DIAL), is suing the government for allowing commercial flights from a nearby defence airbase in Ghaziabad, claiming it will make the airport financially unviable. DIAL, which is majority-owned by GMR Airports, argues that the government's decision violates aviation rules prohibiting a new airport within 150 km of an existing one, unless there's significant passenger demand.
India at forefront of green hydrogen economy: Technip Energies CEO Arnaud Pieton
Technip Energies is establishing an R&D centre in India and expanding its workforce, highlighting the country's importance in green hydrogen and ammonia projects. The company has doubled its workforce over the past four years and plans to add 500-1,000 employees, focusing on innovation in energy transition and decarbonisation.
BEL and HAL among 10 stocks where HDFC Defence Fund hiked stake in February
HDFC Defence Fund increased its stake in 10 stocks, including BEL, HAL, Solar Industries, and MTAR Technologies. It added 14.83 lakh shares of Bharat Electronics, 1.02 lakh shares of HAL, and stakes in BEML, Astra Microwave, and Power Mech Projects. The fund continues to strengthen its holdings in key defence and allied sector companies.
Air India Express to operate 40 weekly flights from Hindon in Ghaziabad, connecting these five cities
Air India Express has launched 40 weekly flights from Hindon Airport, connecting it directly with five major cities: Bengaluru, Chennai, Goa, Jammu, and Kolkata. The move, inaugurated by Union Minister Rammohan Naidu, aims to enhance connectivity in the National Capital Region (NCR), serving north and east Delhi along with Western Uttar Pradesh.
Navi Mumbai airport set to be inaugurated in June, Gautam Adani confirms
Adani Group Chairman Gautam Adani announced that the new Navi Mumbai International Airport will be inaugurated in June. Initially scheduled for April 17, the airport aims to reduce congestion at Mumbai's existing airport and accommodate the growing demand for air travel.
American Airlines flight catches fire at Denver Airport gate, 12 passengers taken to hospital
An American Airlines Flight 4012 caught fire at Denver International Airport, triggering the evacuation of passengers. No injuries were reported, and emergency crews quickly extinguished the fire. Video footage showed passengers exiting the aircraft and standing on its wing as flames engulfed the plane. While the cause remains unclear, this incident raises further concerns about aviation safety.
InterGlobe Aviation among 2025’s best stocks? Hemang Jani thinks so
Market expert Hemang Jani is bullish on IndiGo, citing infrastructure growth, stable crude prices, and operational efficiency as key drivers. With a 60% market share and upcoming airport developments, the airline is well-positioned for strong performance in 2025.
‘Why is airline safety declining under Trump?’: American Airlines plane bursts into flames at Denver Airport, sparks outrage. Check viral videos
An American Airlines flight from Colorado Springs to Dallas diverted to Denver due to engine vibrations, where one engine caught fire. All 178 people onboard evacuated safely, though 12 were injured. The incident, amidst growing concerns over U.S. aviation safety, sparked criticism of Trump-era policies. Dramatic evacuation visuals surfaced on social media.
MP to have an airport every 200 km; six new e-ways to create different identity for state: Mohan Yadav
Madhya Pradesh CM Mohan Yadav announced plans for boosting the aviation sector, including airports every 200 km, airstrips every 150 km, and helipad-stadium complexes in assembly constituencies. He also highlighted upcoming expressways and road infrastructure projects. The government aims to revive the transport network and expand the women-centric Ladli Behna scheme despite opposition allegations.
Riyadh Air attracts thousands of applications from Indian aviation professionals
Aviation professionals from India are keen to join Saudi Arabia's new airline, Riyadh Air. The airline has received 14 lakh applications from 146 nationalities over the past two years. Indians form a significant part of the applicants and employees. Riyadh Air plans to begin operations soon with a focus on expanding its fleet and services.
IndiGo to invest $45 million in IFSC subsidiary
InterGlobe Aviation, IndiGo's parent company, will invest up to USD 45 million in its subsidiary IndiGo IFSC. This investment, approved by the board, aims to finance aviation assets, repay outstanding loans, and support general corporate needs. IndiGo IFSC specializes in leasing aircraft and aircraft engines.
Deepinder Goyal’s aviation bet; Rapido’s food delivery plan
Deepinder Goyal is investing in LAT Aerospace, marking his second venture outside Zomato. This and more in today’s ETtech Morning Dispatch.
Sakthi Aircraft Industry to make 150 trainer planes in India
A joint venture between Sakthi Group and Diamond Aircraft will produce 150 DA40 NG trainer planes in India, supporting indigenous manufacturing. The deal includes 200 aircraft for Indian Flying Training Organisations, with the first deliveries expected by May 2025. This collaboration aims to train 1,000 pilots annually, boosting India's aviation sector.
India will need 30,000 pilots in 15-20 years, says Civil Aviation Minister Naidu
India will need 30,000 pilots in the next 15-20 years due to the expansion of domestic airlines, which have over 1,700 planes on order, according to Civil Aviation Minister K Rammohan Naidu. Currently, the country has 6,000-7,000 pilots and over 800 planes. The ministry aims to make India a pilot training hub and is evaluating 38 Flying Training Organisations.
Ukraine launches drone attacks targeting Moscow, Russia says
Russian air defense units intercepted and destroyed at least 11 Ukrainian drones targeting Moscow, according to the city's mayor. The attacks led to the temporary suspension of flights at Zhukovo and Domodedovo airports to ensure safety. No damage or injuries were reported.
Wider commercial use of airport land may be cleared for take-off
The Indian government is considering amending the AAI Act to allow private airport operators to develop shopping complexes, conference centres, and commercial offices around airports. This move is part of a plan to privatise 11 airports in tier II cities, aiming to enhance the value of airports and support commercial development.
Stock Radar: Flying high! Why could InterGlobe Aviation top Rs 5,000 levels in the next 1-2 months?
InterGlobe Aviation Ltd (Indigo) broke a six-month consolidation phase and has potential to hit fresh record highs. Short-term traders can accumulate the stock on dips with a target of Rs 5,150 in 1-2 months. The stock has shown resilience trading above key moving averages, with a bullish outlook confirmed by key indicators.
Fifteen flights received hoax bomb threats in 2025: Official data
At least 15 flights have received hoax bomb threats this year, adding to 833 such cases since 2020. Minister Murlidhar Mohol stated that robust protocols by BCAS have minimized disruptions. The threats, reported by IndiGo, Air India, Lufthansa, Malindo, and American Airlines, underscore the need for stringent security measures and coordination with enforcement agencies.
India eyes production of homegrown planes: Govt to set up special purpose vehicle for making regional transport aircraft
India is making significant strides toward self-reliance in the aviation sector with plans to establish a Special Purpose Vehicle (SPV) for manufacturing regional aircraft. The government is committed to enhancing skill development and promoting indigenous technologies, such as the Saras Mk2, to create a robust local aviation ecosystem.
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