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The CCI has approved Air India's acquisition of AirAsia India

The Competition Commission of India has approved Air India, a wholly-owned subsidiary of Tata Sons, acquiring the whole stake in AirAsia India.

MTAR gets board's approval for acquisition of Gee Pee Aerospace -; Defence; Stock plunges 3.5%

This acquisition is expected to provide a wide array of benefits under MSME category.The Board of Directors of MTAR Technologies Ltd have approved the acquisition of shares of Gee Pee Aerospace & Defence pvt. Ltd., an MSME Company for a consideration of Rs8.82 crore.

Passenger traffic sees sequential growth of 5-6% in Dec 2021; emergence of new Covid variant and reactionary restrictions impacting air travel remain near term challenges: ICRA

The average daily departures were at ~2,800 notably higher compared to ~2,065 in December 2020, and ~2,700 in November 2021; the average number of passengers per flight during December 2021 was largely flat at 129 vis-Ã -vis 130 in November 2021.

Hindustan Aeronautics receives reaffirmation in ratings for proposed CP issue

From CARE and ICRA

Flight makes emergency landing at IGIA

An engine failure forced the flight to return soon after taking off from the Delhi airport. "S2 231 Delhi-Bengaluru returned to Delhi following a technical snag.

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