Karnataka government blames RCB for stampede during victory celebration parade
Air India has completed precautionary checks on the fuel control switch (FCS) locking mechanisms across its Boeing 787 fleet and found no issues, an airline official confirmed on Wednesday. The inspections follow a recent DGCA directive urging all carriers operating Boeing 787 and 737 jets to review the locking systems for safety.
Hashtags
Try Our AI Features
Explore what Daily8 AI can do for you:
Comments
No comments yet...
Related Articles
Time of India
4 hours ago
- Time of India
IndiGo's insurance premium likely to rise, in single digits
Mumbai: IndiGo Airlines , country's largest carrier by fleet size and market share , is likely to face a single-digit percentage increase in aviation insurance premiums when its annual cover comes up for renewal this week, people familiar with the matter said. The hike comes amid a hardening global reinsurance market following the recent fatal Air India crash in Ahmedabad, which could result in hull and liability claims exceeding $200 million. Explore courses from Top Institutes in Please select course: Select a Course Category The insurance renewal for IndiGo and SpiceJet-whose policies are up for renewal in October-is being closely watched by the industry as reinsurers raise prices in the wake of increasing global aviation losses . Reinsurers in the London market, which underwrite a large portion of Indian aviation risk, are tightening capacity and pushing up rates for both hull and liability covers. IndiGo's policy last year was led by New India Assurance , with co-insurers such as ICICI Lombard participating domestically. A large portion of the risk was ceded to overseas reinsurers, particularly in London, which continue to dominate aviation hull and liability insurance . Live Events The carrier's combined hull, spares, and liability cover carries a premium of approximately $13 -15 million, industry sources said. The total insurance value for its 437 aircraft fleet stands at around $20 billion. Each aircraft-primarily Airbus A320 and A321 models-is insured for a hull value between $30 million and $45 million. The fleet includes a few wide-body aircraft recently inducted for international operations. On the liability front, narrow-body aircraft typically carry coverage up to $750 million, while wide-body aircraft are covered for up to $1 billion. The current combined single limit (CSL) for liability stands at $1 billion, with maximum hull agreed value (MAV) at $150 million and spares at $300 million. Reinsurance costs have been rising since late 2023, but the recent Air India crash has led to further tightening, with international reinsurers becoming more cautious on risk appetite.
&w=3840&q=100)
Business Standard
6 hours ago
- Business Standard
Statsguru: Rising engine-failure incidents cast a shadow on Indian skies
The common issues identified include failures in the High-Pressure Turbine and Gear Turbo Engine systems Jayant Pankaj Listen to This Article On July 16, an IndiGo flight was forced to make an emergency landing at the Mumbai airport following a reported engine failure. Two more similar incidents involving IndiGo took place within the same week. In the wake of the Boeing AI 171 crash, concerns over aircraft safety have intensified. However, these are not isolated cases. Flight cancellations in India, particularly those caused by technical glitches, have risen in the past four years to peak in 2023, with engine failures being a major contributing factor. IndiGo, which operates the largest fleet among Indian carriers — including SpiceJet, Air India, and others
Time of India
13 hours ago
- Time of India
Air India pays interim damages to families of 166 crash victims
Advt By , PTI Private carrier Air India on Saturday said it has paid the interim compensation to the families of 166 victims of the Ahmedabad plane crash last payment to the families of another 52 victims is in the process, it added. The plane crash, one of the worst air disasters in India in decades, involved a Boeing 787-8 Dreamliner operating as Air India flight the 242 people onboard, 241 were killed, while the total death toll stood at 260, including casualties on the June 14, Air India announced that it will provide an interim compensation of ₹25 lakh, or approximately £21,500, to the families of each of the deceased and survivors of the Ahmedabad plane crash to help address immediate financial needs."Air India has released the interim compensation to the families of 147 of the 229 deceased passengers and also the 19 who lost their lives at the accident site," the airline said in the addition, the requisite documents of 52 others have been verified, and the interim compensation will be released progressively to the families, it noted.
