Jay Menon

India Correspondent

Delhi, India

Summary

Articles

Jay Menon
NEW DELHI — AgustaWestland has decided to proceed with arbitration over the scandal-plagued sale of 12 AW101 helicopters to India for VIP transport, even as the Indian Defense Ministry continues to discount the threat as it moves to terminate the award, saying “these proceedings are not applicable on the breach of the pre-contract integrity pact.”
Defense and Space

Jay Menon
Abu Dhabi-based Etihad Airways has finalized a deal to purchase a 24% stake in Jet Airways, marking the completion of the first cross border transaction in the Indian aviation sector since last year’s change to the country’s ownership laws. The confirmation of the nearly $330 million deal comes after all necessary regulatory approvals were obtained by both airlines from Indian authorities on Nov. 12. The two sides closed the transaction on Nov. 20.
Air Transport

Jay Menon
NEW DELHI — After the successful launch of India’s first Mars orbiter, scientists are planning the country’s next mission — this time to the Sun. On Nov. 18, solar physicists from across the country started three-day talks at the Indian Institute of Astrophysics (IIA), based in the southern city of Bengaluru, to prepare for the country’s first solar mission, Aditya-1, which will carry equipment to study the Sun’s corona.
Space