Aneesh Phadnis

All stories by Aneesh Phadnis

How Air India Got Funds To Buy Planes

How Air India Got Funds To Buy Planes

Rediff.com8 Jul 2023

'The funds were arranged from multiple banks at a very competitive rate and converted into dollars at the best rates.'

Lenders set to clear Rs 400 crore to give wings to Go First

Lenders set to clear Rs 400 crore to give wings to Go First

Rediff.com26 Jun 2023

Go First's lenders have agreed in principle to support the airline's request for Rs 400 crore interim funding to restart its operations. The airline temporarily halted operations on May 2, and its insolvency plea was admitted by the National Company Law Tribunal (NCLT) on May 10. On Wednesday, the airline's resolution professional Shailendra Ajmera submitted a business plan and a request for over Rs 400 crore funding to airline's committee of creditors (CoC).

Jettwings, new regional airline for Northeast states, plans takeoff in Oct

Jettwings, new regional airline for Northeast states, plans takeoff in Oct

Rediff.com15 Jun 2023

Sanjive Narain, owner of Assam's oldest news channel, and Sanjay Aditya Singh, promoter of a cabin crew training academy, are coming together to launch a regional airline providing business and premium economy services in the Northeast. Jettwings Airways will be based in Guwahati and will connect places with twin-class Embraer E175 aircraft. The airline has secured an initial no-objection clearance from the civil aviation ministry and plans to launch services in October.

New flights based on flyer-handling capacity at security checks: BCAS

New flights based on flyer-handling capacity at security checks: BCAS

Rediff.com30 May 2023

The addition of new flights at airports will now be based on passenger-handling capacity at security checkpoints, according to the Bureau of Civil Aviation Security (BCAS). The civil aviation security regulator issued directions in this regard on May 22 in a move to reduce congestion and delays inside airport terminals. Following this, airports will have to check passenger-handling capacity at security checkpoints before allotting slots.

As Go First seeks to plug exit, 200 pilots accept Air India's job offer

As Go First seeks to plug exit, 200 pilots accept Air India's job offer

Rediff.com30 May 2023

Around 200 pilots of Go First, the cash-strapped airline that suspended operations on May 2, have joined Air India. As many as 75 of them started training with the Tata-owned airline on Monday. As Go First tries to salvage its operations, it has announced additional pay or retention allowance of Rs 100,000 and Rs 50,000 for captains and first officers, respectively, with effect from June 1.

A P&W story: From giving wings to aviation in India to Go First grounding

A P&W story: From giving wings to aviation in India to Go First grounding

Rediff.com9 May 2023

Its association with India is over 70 years old and spans both civil and military aviation. The Douglas DC-3 transport aircraft used by the air force beginning the 1940s and the iconic Boeing 747 aircraft flown by Air India, both had Pratt & Whitney (P&W) engines. The Indian Air Force's present-day, heavy-lift C-17 Globemaster III and the yet-to-be-inducted C-295 planes, too, have P&W power plants.

Jet Airways Revival Hope Diminishes

Jet Airways Revival Hope Diminishes

Rediff.com8 May 2023

Jet's air operator certificate will lapse on May 19.

'Tough times': Go First staff hopes for airline survival, scout for options

'Tough times': Go First staff hopes for airline survival, scout for options

Rediff.com4 May 2023

Employees of Go First, which has filed for bankruptcy, hope that the airline will fly out of the crisis with government support but some are already scouting for work. Some Go First pilots have joined airlines in West Asia in recent weeks and others have approached IndiGo, India's largest domestic airline. Calls to IndiGo's human resources and operations department increased after Go First said on Tuesday it will suspend flights for three days starting May 3, sources said.

Go First saga begins to hit passengers with flights diverted, cancelled

Go First saga begins to hit passengers with flights diverted, cancelled

Rediff.com4 May 2023

A nine-day Kashmir trip ended on a sour note for the Shah family of Ahmedabad with an unscheduled diversion and an expensive road ride back home. The Shahs were among hundreds of passengers whose travel plans went awry with Go First suspending all flights till Friday. "We were supposed to travel from Srinagar to Ahmedabad via Mumbai on Tuesday.

Air India pilot unions oppose salary proposal, call it anti-labour

Air India pilot unions oppose salary proposal, call it anti-labour

Rediff.com20 Apr 2023

Two unions representing Air India pilots have asked members not to accept the revised compensation and employment offer, calling the company's proposals "unfair labour practices." They said any coercion on pilots to sign the offer would lead to industrial unrest. The Tata group airline announced on Monday a new salary structure for pilots and cabin crew.

Air India revises pilots', cabin crew salaries, announces reward, bonus

Air India revises pilots', cabin crew salaries, announces reward, bonus

Rediff.com18 Apr 2023

Air India on Monday announced a new compensation structure for its pilots and cabin crew, with a guaranteed flying allowance of 40 hours per month for both categories of staff. While the flying allowance has been doubled for pilots, it has been introduced for flight attendants as part of the new compensation structure. Pilots will earn an additional amount as a reward based on the number of years of service with the airline and get an allowance while undergoing training for command or conversion to another aircraft type.

90 planes set to board Air India fleet in 2 years

90 planes set to board Air India fleet in 2 years

Rediff.com20 Feb 2023

The Tata group-owned Air India will induct over 90 aircraft in two years as it looks to widen its footprint and grab a larger market share. The plan includes 56 planes from the mega aircraft order that the airline has now finalised with Airbus and Boeing. These will be in addition to previously announced leases of 36 planes that include Airbus A320Neo, A321Neo, and Boeing 777 aircraft.

With Air India's A350 order, Rolls-Royce makes a comeback in engine market

With Air India's A350 order, Rolls-Royce makes a comeback in engine market

Rediff.com16 Feb 2023

For the first time in 13 years, since Jet Airways' A330 planes exited the airline's fleet in around 2010, an Indian wide-body aircraft will have a Rolls-Royce-powered engine, with Air India ordering 40 Airbus A350 planes. On Tuesday, Air India announced its mega aircraft order for 470 aircraft, including A350 planes. The A350 aircraft, which will come in two variants, are powered solely by Rolls-Royce Trent XWB engines and the local team has begun work to assist Air India with its aircraft-induction plans.

IndiGo restores annual pay hike for pilots after financial turnaround

IndiGo restores annual pay hike for pilots after financial turnaround

Rediff.com14 Feb 2023

IndiGo has restored annual increments for more than 4,500 pilots as a financial turnaround helped the airline make a profit in Q3 FY23 after three quarters of loss. An email from the airline's management last week informed pilots of the restoration from April. "The component of annual increment for Indian captains (Rs 10,000 per month) and Indian first officers (Rs 5,000 per month) on the Airbus and ATR fleet which was stopped due to Covid will restart from April 1, 2023," the airline's senior vice president (flight operations) Ashim Mitra said in the staff email.

Unruly Airline Passenger Incidents Increasing

Unruly Airline Passenger Incidents Increasing

Rediff.com23 Jan 2023

Most reported unruly passenger incidents were classified as level 1, or intentional non-compliance with safety regulations like not wearing face masks, not wearing seat belts.

Goa's 2nd airport a big boost for regional aviation

Goa's 2nd airport a big boost for regional aviation

Rediff.com19 Jan 2023

Goa's second airport began operations last week and if all goes according to plans, the state will be the base for a new regional airline, Fly91. Promoted by the ex-executive vice-president of now grounded Kingfisher Airlines, Manoj Chacko, and Fairfax India's former head, Harsha Raghavan, the airline will offer no-frills buy on board product and serve unconnected routes with two ATR 72 aircraft. An application for the initial no-objection clearance was filed with the civil aviation ministry last week.

How Go First Left 55 Passengers Behind!

How Go First Left 55 Passengers Behind!

Rediff.com19 Jan 2023

'Were the Go First pilots aware that 55 passengers were missing when the aircraft was on ground?'

Outbound travel picks up, India remains top source for several countries

Outbound travel picks up, India remains top source for several countries

Rediff.com9 Jan 2023

Travel from India increased significantly after resumption of direct flights in March, Turkiye Tourism Board said, with destination weddings contributing to arrivals

Air India pilots warn of non-co-operation

Air India pilots warn of non-co-operation

Rediff.com16 Dec 2022

Pilots working with Air India have warned of non-co-operation if restoration of pre-Covid overtime allowance is delayed, and if other practices they say are 'discriminatory' continues. "We cannot assure that our members will undertake flying duties exceeding 70 hours a month. Any coercive action by the management will lead to industrial action to safeguard flight safety and well-being of our members," the Indian Commercial Pilots Association and the Indian Pilots Guild said in a joint letter to Air India's management on Tuesday.

European cargo airline moves tribunal to acquire 3 Jet Airways aircraft

European cargo airline moves tribunal to acquire 3 Jet Airways aircraft

Rediff.com14 Dec 2022

A European cargo airline has moved the National Company Law Tribunal seeking expeditious acquisition of three Jet Airways B777-300 aircraft. The application is by a Malta-based Ace Aviation VIII Limited, which emerged as a successful bidder in the auction of three Boeing 777-300ER aircraft. The firm is part of a Belgium-based cargo airline and its application will be heard on Wednesday.

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