The Live Ahmedabad
  • Home
  • Ahd City
  • Business
  • Entertainment
  • Education
  • Crime
  • Health
  • Politics
  • Sports
  • Featured

The Live Ahmedabad

  • Home
  • Ahd City
  • Business
  • Entertainment
  • Education
  • Crime
  • Health
  • Politics
  • Sports
  • Featured
Nation

More than 75 Indian Airlines planes have been grounded due to maintenance and engine problems

by TLAteam November 1, 2022November 1, 2022
written by TLAteam November 1, 2022November 1, 2022
More than 75 Indian Airlines planes have been grounded due to maintenance and engine problems

According to aviation consultancy firm CAPA, more than 75 planes of Indian carriers are currently grounded due to maintenance and engine issues.

Business News

These planes, which make up about 10% to 12% of the Indian fleet, are grounded due to maintenance or engine problems. “These will have a significant impact on financials in the second half,” CAPA stated in its India Mid-Year Outlook 2023, which was published on Tuesday.

As per the report, more than 75 aircraft are currently grounded, creating serious challenges against the backdrop of an already hostile cost environment and contributing to increased losses.

The capacity has been impacted by serious supply chain issues impacting current and future deliveries, it said, adding that these issues are likely to proliferate in the fiscal starting April 2023 which, in turn, will impact future deliveries, the report said.

Significantly none of the domestic airlines, including two listed companies  IndiGo and SpiceJet  have so far made any public announcement on the grounding of the planes.

According to CAPA, delays in future deliveries could also reflect in liquidity issues as the income from sale and lease back financing may be less-than planned.

Delays in aircraft deliveries may also result in increased unit costs for carriers due to the need to extend the leases of older aircraft in the fleet, which have higher maintenance cost and fuel consumption than the new aircraft that would have replaced them, it said.

According to the report, non-supply issues such as pilot and engineer shortages are also expected to emerge next year.

AhmedabadAhmedabad cityAhmedabad newsGujaratGujarat governmentGujarat newslatest news
0 comment
previous post
IITGN and JAIST research team invent a new anode material that leads to ultra-fast charging and long life of Lithium-Ion batteries
next post
WhatsApp bans 26 lakh bad accounts in India as amended IT rules take shape

You may also like

Amazon Challenges Blinkit, Zepto with Launch of 10-Minute...

July 12, 2025

Earth’s Rotation Surprises Scientists With Fastest Day on...

July 10, 2025

Smartphone Brands Offer Big Discounts to Clear Extra...

July 9, 2025

July 9 Bharat Bandh: Full List of What’s...

July 8, 2025

Chaturmas 2025: A Sacred Four-Month Spiritual Period

July 8, 2025

ISS Spotted Over Delhi Skies at Dawn, Indian...

July 8, 2025

Massive Nationwide Strike on Wednesday as Over 25...

July 8, 2025

New NMC Rules Allow Non-Teaching Doctors as Faculty

July 7, 2025

Dhoni Turns 44: Asks for Permission Before Cutting...

July 7, 2025

No National Awards for Athletes Working with Unregistered...

July 7, 2025

Leave a Comment Cancel Reply

Save my name, email, and website in this browser for the next time I comment.

Business News

Recent Posts

  • AMTS Bus Crashes into Streetlight Near Jamalpur Bridge; Driver Injured

    July 13, 2025
  • Exotic Parrots Worth ₹17 Lakh Recovered in Ahmedabad; Accused Stole Them to Fund Wedding

    July 13, 2025
  • Ahmedabad Plane Crash: Key Revelations from AAIB’s Preliminary Report

    July 13, 2025
  • Amazon Challenges Blinkit, Zepto with Launch of 10-Minute Delivery Service

    July 12, 2025
  • Bengaluru Man Flees Hyatt Hotel Without Paying ₹82,000 Bill; Police Launch Manhunt

    July 12, 2025
November 2022
MTWTFSS
 123456
78910111213
14151617181920
21222324252627
282930 
« Oct Dec »
The Live Ahmedabad
Footer Logo
  • Home
  • Ahd City
  • Business
  • Entertainment
  • Education
  • Crime
  • Health
  • Politics
  • Sports
  • Featured
  • Privacy Policy
  • Disclaimer
  • Cookie Policy
  • Terms of use
  • Advertise with Us
  • Work With Us
  • Contact Us

© 2021 - The Live Ahmedabad. All Rights Reserved.