Media India Group
70 pc Indian students use mobile-first fintech for cross-border payments: Beacon
June 20, 2025
Indicating a shift in how Indian immigrants manage financial transactions, Canadian-based fintech company Beacon has released new findings on UPI usage among Non-Resident Indians (NRIs) in Canada. The data shows that 70 pc of Indian students now use mobile-first fintech platforms...
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Safran signs MoU with Maini for LEAP Engine Assemblies
June 19, 2025
Safran Aircraft Engines, a leading French engine manufacturer in the design, development and production of aircraft engines, signed a new long-term agreement with Maini Precision Products Limited (MPPL), an aerospace precision products manufacturer, based in Bengaluru, India, and...
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VoltAero bags HM Aerospace order for 15 Cassio 330
June 19, 2025
At the ongoing Paris Air Show, VoltAero, a French startup company, formalised an agreement with HM Aerospace for the latter to acquire 15 Cassio 330 electric-hybrid aircraft, with an option for an additional 15, destined for pilot training at Malaysia’s premier flight academy. ...
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Dassault signs deal with Reliance Aerostructures to assemble Falcon 2000 in India
June 18, 2025
Dassault Aviation and Reliance Aerostructure Limited (RAL), a subsidiary of Reliance Infrastructure, have announced an agreement to manufacture Falcon 2000 LXS Business Executive Jets in India for the global market at the Paris Airshow. In a press statement, Dassault says that i...
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Aernnova, Mahindra sign USD 300 million aircraft parts supply deal
June 18, 2025
Aernnova Aerospace, SAU and Mahindra Aerostructures (MASPL) have announced a significant multi-year contract valued at approximately USD 300 million, marking a major milestone in their 12-year partnership. In a press statement, Aernnova says that under this agreement, MASPL will ...
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Wizz Air orders 177 Pratt and Whitney GTF engines
June 18, 2025
Wizz Air, a Hungarian ultra low-cost carrier group, announced the selection of Pratt and Whitney’s PW1100G-JM geared turbofan (GTF) engine to power its firm order of 177 Airbus A321neo aircraft at the Paris Air Show on Tuesday. In a press statement, Pratt and Whitney says that ...
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Barrick Gold buys De Havilland Dash 8-400 aircraft for gold mining in Pakistan
June 16, 2025
For the first time, Canadian aircraft manufacturer De Havilland has sold its Dash 8-400 turboprop to Barrick Gold Corporation, which will operate the aircraft to support its Reko Diq Mining Company project in Balochistan, Pakistan. In a press statement, De Havilland says that thi...
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VoltAero unveils Cassio 330 hybrid-electric production aircraft
June 16, 2025
At the Paris Air Show 2025, which got underway on Monday, VoltAero, a French startup company, presented the production-ready Cassio 330, its latest electric-hybrid aircraft designed to revolutionise sustainable regional air transportation. In a press statement, VoltAero says that...
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NGO takes French government to court over UN Oceans Summit
June 15, 2025
Days after a United Nations Summit on protection of the oceans hosted by France in Nice, a French ecological organisation has accused the French Government of deception and fiasco at the crucial meeting attended by delegations from around the world. In a press statement, Bloom sa...
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Embraer forecasts demand for 10,500 small aircraft by 2044
June 13, 2025
Ahead of the Paris Air Show, Brazilian aerospace firm Embraer has projected the need for 10,500 commercial aircraft with up to 150 seats, by 2044 in its latest market forecast In a press statement, Embraer says that it estimates the delivery of 8,720 jets and 1,780 turboprops ove...
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UN announces 1st World Restoration Flagships at Ocean Conference
June 11, 2025
To advance the restoration of five million hectares of marine ecosystems, an area roughly equal to the size of Costa Rica, the UN Environment Programme (UNEP) and the Food and Agriculture Organisation (FAO) have announced 1st World Restoration Flagships at the 3rd UN Ocean Confer...
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Embraer plans strong presence in Paris Air Show 2025
June 11, 2025
Embraer, a Brazilian aerospace company, is set to showcase a strong presence at the biennial Paris Air Show, slated to be held at Le Bourget airport in Paris from June 16 to 22. In a press statement, Embraer says that it will display its E195-E2, the world’s most efficient smal...
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