Boeing Forecasts Resiliency and Increased Growth for Aircraft Finance

2023 commercial aircraft financing to reach near pre-pandemic levels 100% of commercial deliveries funded by third parties for the past three years SEATTLE. On March 15, Boeing released the 2023 Commercial Aircraft Finance Market Outlook (CAFMO) showing another year of recovery and increased demand from aircraft financiers and investors. “With production and delivery increases and …

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March 16, 2023
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Minister of State for Defence flags-in first-ever six-nation Cycling Expedition undertaken by a NIMAS team

Minister of State for Defence Ajay Bhatt flags-in, in New Delhi, first-ever six-nation Cycling Expedition undertaken by a NIMAS team The team creates national record in cycling by covering 5,374 kms in just 37 days in six South East Asian Nations New Delhi. Minister of State for Defence Ajay Bhatt flagged-in, in New Delhi on …

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March 16, 2023
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Commemoration of Birth Anniversary: Late General Bipin Rawat

New Delhi, March 15. On the occasion of his 65th birth anniversary on March 16, the Indian Navy fondly remembers Late General Bipin Rawat, the first Chief of Defence Staff of Indian Armed Forces. General Rawat, a visionary leader, a scholar soldier and a military reformer, was known for his professionalism, principles, conviction and decisiveness. …

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March 15, 2023
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TSAW Drones Intends to Hire350+ New Employees by the End of Calendar Year 2023

The hiring effort is focused on bringing on board Drone Pilots; Designers &Technicians; Operation Heads and others New Delhi, March 15. Drone tech startup TSAW Drones has announced aggressive plans to increase its talent pool by hiring 350+ new employees by the end of the calendar year 2023. The current full-time workforce strength of TSAW …

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March 15, 2023
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Airbus Foundation joins explorer and scientist Jean-Louis Etienne’s Polar POD expedition

Airbus observation and communication satellites will support Polar POD’s scientific studies Toulouse, February 27. The Airbus Foundation has signed an agreement with the Polar POD expedition to support both the scientific programme and the operational phase of the mission. The Airbus Foundation will provide access to products and services such as Earth observation satellite data, as …

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February 27, 2023
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DGCA Approves Modification for Hindustan-228 Aircraft with 19 Passengers

Bengaluru, February 27.  A new variant of HAL aircraft ‘Hindustan 228-201 LW’ has been approved by the DGCA. This variant has maximum take-off weight of 5695 kgs with 19 passenger capability. With this modification, the aircraft would fall in the Sub 5700 kg aircraft category. This variant provides several operational benefits for operators such as …

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February 27, 2023
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National War Memorial observes its 4th anniversary

National War Memorial observes its 4th anniversary; CISC & other senior Service officers lay wreath & pay homage to the fallen heroes 76 lakh digital tributes paid since the last anniversary through interactive screens installed at the iconic monument To inculcate the sense of patriotism & nation building among the youth, guided tours organised for …

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February 25, 2023
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Biden nominates Ajay Banga, a turbaned Sikh, to head World Bank with climate change mandate; Indian Americans applaud

By ARUL LOUIS February 24. Ajaypal Singh Banga, whose turban marked his Sikhism in gatherings of the highest echelons of US and international business, was born in Pune in western India to a family that has roots in Jalandhar in Punjab. He received his bachelor’s degree from St Stephens College, Delhi and a postgraduate qualification …

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February 24, 2023
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Team of scientists from India, USA and Japan have found a unique group of ancient lunar basaltic meteorites-ISRO

A team of scientists from Ahmedabad-based Physical Research Laboratory (PRL), the United States and Japan has found a unique group of ancient lunar basaltic meteorites, suggesting a new scenario for the origin of lunar basalts, according to ISRO. PRL, which is a unit of the Department of Space, carries out fundamental research in select areas of …

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February 18, 2023
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Air India creates history with mega order for 470 Airbus, Boeing jets

New Delhi. Air India, which reverted to its original owner, the Tata’s, created aviation history on Feb 14 with a mega order for 470 Airbus and Boeing jets with Prime Minister Narendra Modi, French President Emmanuel Macron, and US President Joe Biden hailing the deals as major steps in deepening India’s strategic partnership with the …

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February 15, 2023
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