Air India Pilot Acquitted In Foreign Currency Smuggling Case After 24 Years

The Chief Metropolitan Magistrate court has acquitted an Air India Pilot, who was arrested in 1989 for allegedly smuggling foreign currency to the tune of Rs25,37,600. The judgment, which came after 24 years, held that the prosecution could not establish its case beyond reasonable doubts.
Court Critiques Prosecution’s Evidence In Long-Standing Currency Seizure CaseThe court, presided over by Judge Pravin Modi, said that prosecution not only failed to prove the source…
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Source: https://www.freepressjournal.in/amp/mumbai/air-india-pilot-acquitted-in-foreign-currency-smuggling-case-after-24-years

Kerala High Court orders status quo on Cheruvally Estate Acquisition for Sabarimala Airport – Bar & Bench – Indian Legal News

Kerala High Court orders status quo on Cheruvally Estate Acquisition for Sabarimala Airport  Bar & Bench – Indian Legal NewsView Full coverage on Google News
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Source: https://www.barandbench.com/news/kerala-high-court-orders-status-quo-cheruvally-estate-acquisition-sabarimala-greenfield-airportR
https://www.barandbench.com/amp/story/news/kerala-high-court-orders-status-quo-cheruvally-estate-acquisition-sabarimala-greenfield-airport

Chorus Aviation (TSE:CHR) Share Price Crosses Below 50 Day Moving Average of $2.10

Chorus Aviation Inc. (TSE:CHR – Get Free Report)’s stock price crossed below its 50 day moving average during trading on Friday . The stock has a 50 day moving average of C$2.10 and traded as low as C$2.10. Chorus Aviation shares last traded at C$2.15, with a volume of 496,738 shares changing hands.

Analysts Set New Price Targets
CHR has been the subject of a number of research analyst reports. TD Securities reduced their target price on Chorus…
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Source: https://www.defenseworld.net/2024/04/27/chorus-aviation-tsechr-share-price-crosses-below-50-day-moving-average-of-2-10.html

Relief for lessors: Delhi high court directs DGCA to de-register 54 GoAir planes

NEW DELHI: The lessors of 54 aircraft to grounded-since-last May GoAir finally got relief on several counts from the Delhi high court on Friday which directed the Directorate General of Civil Aviation (DGCA) to de-register these planes within a maximum of five working days.The revival of GoAir under IBC is now an even tougher task as the lessors are learnt to be wooed by both Tata’s Air India and cash-rich IndiGo to get around 15 of the Airbus A320 family planes which could fairly quickly…
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Source: https://timesofindia.indiatimes.com/business/india-business/relief-for-lessors-delhi-high-court-directs-dgca-to-de-register-54-goair-planes/articleshow/109634391.cms

Tashkent International Airport to Unveil State-of-the-Art Cargo Terminal, Bolstering Uzbekistan’s Aviation Sector

Tashkent International Airport is set to witness the construction of a cutting-edge new cargo terminal, poised to revolutionize the airport’s cargo handling capabilities.

With a staggering throughput capacity of 120,000 tons annually, the new cargo terminal is a strategic move to meet the burgeoning demands of the aviation sector. Spanning an expansive 5.2 hectares, this ambitious endeavor will mark a significant addition to the airport’s infrastructure, promising…
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Source: https://www.logisticsinsider.in/tashkent-international-airport-to-unveil-state-of-the-art-cargo-terminal-bolstering-uzbekistans-aviation-sector/

Global Commercial Aircraft Aftermarket Parts Market

Dublin, April 26, 2024 (GLOBE NEWSWIRE) — The “Commercial Aircraft Aftermarket Parts Market Report by Component Type (Engine, Airframe, Interior, and Others), Parts (Maintenance Repair and Operation Parts (MRO), Rotable Replacement Parts), Aircraft Type (Narrow-body, Wide-body, Regional Jet), and Region 2024-2032” report has been added to ResearchAndMarkets.com’s offering. The global commercial aircraft aftermarket parts market, a critical sector in aviation maintenance, repair, and…
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Source: https://www.globenewswire.com/news-release/2024/04/26/2870557/0/en/Global-Commercial-Aircraft-Aftermarket-Parts-Market-Projected-to-Reach-US-69-5-Billion-by-2032-Driven-by-Travel-Demand-Aircraft-Leasing-and-Stringent-Aviation-Regulations.html

Top 5 Hill Stations That Are Accessible Via Flights

With the sun shining bright above and visible tan marks on almost every familiar face, an escape to snowy peaks surely seems like a sweet dream. So what’s stopping you? Afraid of motion sickness? Who says that a vacation to the mountains has to be a road trip? We all know that hill stations have always acted as a respite from the hustle and bustle of the city and of course the rising temperature.Well, this is why we have pulled together a list of a few hill stations in India that are…
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Source: https://www.news18.com/amp/lifestyle/top-5-hill-stations-that-are-accessible-via-flights-8858893.html

Air India Expands Partnership with Japan’s ANA

Air India has entered into a codeshare partnership with All Nippon Airways (ANA), Japan’s largest airline. This agreement, effective from May 23, 2024, will allow passengers of both airlines to combine flights between India and Japan using a single ticket.
Seamless Connectivity
Under the codeshare agreement, Air India will add its ‘AI’ designator code to ANA’s flights between Tokyo Haneda and Delhi, as well as Tokyo Narita and Mumbai. Similarly, ANA will add its ‘NH’ code…
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Source: https://currentaffairs.adda247.com/air-india-expands-partnership-with-japans-ana/