aircraft grounding

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    VSR Ventures Aircraft Grounded After Safety Audit Reveals Non-Compliances

    New Delhi, February 24 Following the discovery of several compliance lapses, the aviation regulator, DGCA, on Tuesday directed the grounding of four aircraft belonging to VSR Ventures, whose plane crashed in Baramati last month, killing Maharashtra Deputy Chief Minister Ajit Pawar and four...
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    Domestic Air Travel Growth and Airline Profitability: Key Insights from ICRA

    Mumbai, Feb 24 According to ICRA, Indian airlines are expected to reduce losses to an estimated ₹11,000-12,000 crore in the next fiscal year, compared to the projected ₹17,000-18,000 crore this fiscal year, despite maintaining a "stable outlook" for the domestic aviation industry.ICRA also...
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