Aviation Sector

Adani Airport plans to invest more than Rs 20,000 crore in the first phase of a large-scale airport city development programme spanning over 655 acres across six airports in five states, as the company seeks to transform its aviation hubs into integrated commercial and urban destinations. The development, announced on Thursday by Adani Airport City Ltd (AACL) - a wholly-owned subsidiary of Adani Airport Holdings Limited (AAHL), India's largest private airport operator - will cover airports in Mumbai, Navi Mumbai, Ahmedabad, Lucknow, Jaipur and Guwahati, with around 22 million square feet of mixed-use infrastructure planned in the initial phase. Nearly 70 per cent of the investment will be concentrated in Mumbai and Navi Mumbai, where the company controls close to 440 acres of land, reflecting the strategic importance of the Mumbai Metropolitan Region as India's largest aviation and commercial hub, it said in a statement. The projects will combine hotels, offices, retail, ...

The government has launched the first service under the hub-and-spoke model; here's how the system works and what it could mean for travellers from smaller cities

The airline also aims to expand its passenger-handling capacity by more than 30 per cent year-on-year (Y-o-Y) in financial year 2027 (FY27)

Akasa Air plans to come out with its initial share sale in the next two to four years, depending on achieving various milestones, its Chief Financial Officer Ankur Goel said on Tuesday as he stressed that the airline's IPO is "not a question of if but a question of when". After taking to the skies in August 2022, the airline is slowly expanding its presence and currently flies to 34 destinations, including 7 international cities. The nearly four-year-old carrier, now, has a fleet of 39 planes and aims to have 226 aircraft by 2032. Responding to queries about the Initial Public Offering (IPO) at a briefing in the national capital, Goel said the time frame is going to be 2-4 years, depending on achieving various milestones such as being EBITDA positive, cash flow and profitability. "IPO will happen for us, it is not a question of if, it is a question of when, we are not creating an airline to do an IPO, we are creating an airline that really creates value...," he said, and also ...

As jet fuel prices surged, US airlines raised ticket prices and bag fees, and cut schedules, but those steps have offset only part of the rise in fuel costs

The airport, which started commercial flights only at the end of December 2025, has seen a threefold increase in passengers from 221,586 in March to 642,766 in May

Air India is considering delaying aircraft deliveries and scaling back expansion plans after Tata Group directed the airline to focus on reducing mounting losses

The new rate will be locked in for up to three years for airlines that opt to participate in the government-backed price stabilisation scheme

SpiceJet was India's second-largest domestic carrier ​by market share in 2019, carrying roughly 15 per cent of passengers, but that has since fallen to a fourth-place share ​of 3.4 per cent

The National Company Law Appellate Tribunal (NCLAT) has set aside insolvency proceedings against Ligare Aviation Ltd, holding that the NCLT erred in admitting the plea filed by Religare Enterprises without properly examining the nature of the underlying transactions, which was "only round tripping of money" and not "any genuine financial transaction". In a strongly worded order, the appellate tribunal said the material on record "clearly proves" that there was no financial debt disbursed by the financial creditor (Religare Enterprises) to the corporate debtor (Ligare Aviation) for consideration of the time value of money, a key requirement under the Insolvency and Bankruptcy Code (IBC). Allowing appeals filed by Daiichi Sankyo Company, a Japanese global pharmaceutical company and a shareholder, NCLAT observed that the transactions in question were merely a "round tripping of money/layering of money" undertaken for "some undisclosed fraudulent purposes" and did not create any financia

The proposal floated by airlines including Air India Ltd., IndiGo and SpiceJet Ltd. is being considered by the refiners

In the data released by the Association, total demand, measured in revenue passenger kilometres (RPK), was down 3.4 per cent compared to April 2025

Rising fuel prices and rupee depreciation linked to the West Asia conflict are forcing Indian airlines to cut domestic flight operations in June

Akasa Air, which was founded during the coronavirus pandemic and made its first commercial flight in 2022, operated 10,109 flights in March and April 2026

Delhi High Court grants interim relief to IndiGo in a Rs 458 crore GST dispute linked to compensation received from an overseas engine manufacturer

Indian airlines urge oil refiners to delay ATF price hikes for domestic flights amid rising losses triggered by the West Asia conflict

Experts said lower ATF taxes at India's two biggest aviation hubs could improve airline operating economics and margins, though passengers may not see meaningful fare cuts immediately

IndiGo, Air India, and global airline body IATA have flagged high airport and user development charges proposed at Noida International Airport

Air India's board of directors met in the national capital on Thursday amid the loss-making airline facing multiple headwinds in the wake of the West Asia conflict. The meeting is expected to discuss various issues, including financials and cost-saving measures. Discussions related to the selection of a new CEO are also likely at the board meeting. Current CEO and MD Campbell Wilson will be stepping down later this year. Airspace curbs and higher jet fuel prices due to the West Asia conflict are adversely impacting the airline, which is in the midst of an ambitious transformation plan. Operational costs have gone up significantly in recent months for the carrier. Against this backdrop, the airline is mulling various cost-saving measures. Sources said the board meeting started after 11 am on Thursday. Specific details about the agenda for the meeting could not be ascertained. Air India board is chaired by Tata Sons Chairman N Chandrasekaran. Wilson, Singapore Airlines CEO Goh

Given the credit guarantee, banks will be less reluctant to lend, particularly to MSMEs