Aviation Sector

Air India's plane suffered glitches, turbulence during Phuket-Delhi flight

Air India's A320 plane that suddenly lost 300 feet in altitude during its flight from Phuket to Delhi last week suffered multiple technical glitches and triple hydraulic failures as well as experienced turbulence, sources said on Monday. With the Aircraft Accident Investigation Bureau (AAIB) commencing its probe into the serious incident on August 4 that left at least 17 people injured, French agency BEA and Airbus teams will likely be arriving in the country on Tuesday to assist in the investigation, they said. On August 4, the Phuket-Delhi flight AI2379 operated with A320 aircraft VT-EXO experienced a sudden loss of altitude of approximately 300 feet during cruise, after which the aircraft stabilised and subsequently landed safely in the national capital. The incident is being probed by the Aircraft Accident Investigation Bureau (AAIB) as per Annexure 13 of the International Civil Aviation Organization (ICAO). It pertains to aircraft accident and incident investigation. The sourc

Updated On: 11 Aug 2026 | 11:56 AM IST

Former IATA chief Willie Walsh takes charge as IndiGo's new CEO

Willie Walsh on Monday took charge as the CEO of the country's largest airline IndiGo. A pilot and an aviation industry leader who just completed his tenure as the Director General of the global airlines' grouping IATA, Walsh's appointment as the CEO was announced by IndiGo on March 31. In a release on Monday, IndiGo said Walsh has assumed charge as the CEO to lead the airline's next era of growth and global ambition. The appointment of Walsh was announced on March 31, less than three weeks after the sudden exit of Pieter Elbers against the backdrop of massive operational disruptions at the airline in December last year. As CEO, IndiGo said Walsh would lead the airline's overall management and strategic direction, with a focus on accelerating its global growth trajectory, driving operational excellence, strengthening network and commercial strategy, and further enhancing customer experience. "IndiGo has built a remarkable legacy over the last two decades, establishing itself among

Updated On: 03 Aug 2026 | 11:31 AM IST

Dominating the skies: Indian aviation needs more competition and choice

The consolidation has left the market with two airlines of consequence - IndiGo and the Air India group

Updated On: 02 Aug 2026 | 11:22 PM IST

Adani Group denies airline launch reports, rules out aviation entry

Adani Enterprises has ruled out plans to launch an airline, saying reports about its entry into the aviation business are baseless

Updated On: 24 Jul 2026 | 8:50 AM IST

Why AAIB won't release AI171 cockpit recordings as probe nears end

The Air India AI171 crash probe is nearing completion, but the AAIB says releasing cockpit voice recordings would breach Indian law and international aviation rules

Updated On: 16 Jul 2026 | 12:35 PM IST

After Eternal, Deepinder Goyal bets on health tech, aviation startup

Former Eternal CEO Deepinder Goyal plans to launch Temple, a premium wellness wearable, while also backing an aviation venture aimed at transforming regional air travel in India

Updated On: 15 Jul 2026 | 8:40 AM IST

Akasa Air eyes ₹1,050 crore fundraise as Iran war drives up costs

Akasa Air is seeking to raise about ₹1,050 crore through equity and debt to cushion the impact of the Iran conflict, which has disrupted flights and driven up jet fuel costs

Updated On: 14 Jul 2026 | 8:29 AM IST

Airfare regulation plea: SC asks Centre to submit aviation rules in 2 weeks

The Supreme Court on Monday asked the Centre to place before it within two weeks the rules framed under the Bharatiya Vayuyan Adhiniyam, 2024, which is aimed at modernising India's aviation sector. A bench of Justices Vikram Nath and Sandeep Mehta said the rules be placed before it in a sealed cover, irrespective of whether they have been placed before Parliament. The apex court passed the order while hearing a plea filed by social activist S Laxminarayanan, who has sought a robust and independent regulator that ensures transparency and passenger protection across the civil aviation sector, and regulatory guidelines to control the "unpredictable fluctuations" in airfare and ancillary charges imposed by private airlines in India. The counsel appearing for the Centre informed the bench that the draft rules are ready and they are in the process of translation. He said the rules have to be placed before Parliament. "We grant two weeks' time to the respondents to place before this cour

Updated On: 13 Jul 2026 | 3:45 PM IST

Simaero plans to add more simulators, tap local engineering talent in India

French company Simaero, which has set up its simulator training facility in India, plans to tap the country's local engineering talent in the specialised areas of simulator engineering and technology services. In a recent interview with PTI, Simaero's CEO Nicolas Moute said the company's long-term vision was to build a centre of excellence for aviation training that serves not only India but the wider South Asian region. "We are very optimistic about India. Every market has its challenges, but we see far more opportunities than obstacles," he said, adding that the company does not see any barriers that would prevent it from expanding its presence in the country. At the training facility in Gurugram, Haryana, the company recently launched its first Airbus A320 neo simulator and expects to add one or two more simulators in the near term, based on customer demand. "We could possibly expect to add a Boeing or regional ATR aircraft simulator. However, it would depend on our client's ...

Updated On: 12 Jul 2026 | 3:30 PM IST

Q1FY27 earnings preview: Oil & gas, aviation brace for crude impact

Q1 earnings preview: ICICI Securities said that OMCs could report significant losses, driven by higher retail fuel losses, inventory losses and a sharp rise in LPG under-recovery.

Updated On: 08 Jul 2026 | 7:51 AM IST

Saudi-based Riyadh Air to launch daily Mumbai-Riyadh flights from Aug 4

Saudi Arabia-based Riyadh Air on Monday announced its entry into India with the launch of daily direct flight between Riyadh and Mumbai, starting August 4. The premium carrier, backed by Saudi Arabia's sovereign wealth fund, the Public Investment Fund (PIF), announced that bookings for the daily flight will open from July 6. The new daily air service between Mumbai and Riyadh will be operated by a Boeing B787-9 aircraft, offering a four-class configuration business elite, business, premium economy and economy. The latest route is a key addition to Riyadh Air's growing network, which now spans nine destinations with more set to be announced in the coming days and weeks, the airline said, adding that it also strengthens its mission to connect the Kingdom of Saudi Arabia with major global and regional hubs. "With India emerging as one of the fastest-growing aviation markets globally, we are delighted to offer travellers a new premium choice and enhanced global connectivity from Mumba

Updated On: 06 Jul 2026 | 1:35 PM IST

Adani to invest ₹20k cr in six 'airport city' projects across 5 states

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, ...

Updated On: 25 Jun 2026 | 10:05 PM IST

Explained: What is 'hub-and-spoke' aviation model and why it matters now

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

Updated On: 25 Jun 2026 | 3:17 PM IST

Akasa Air retains 30-40% growth target despite headwinds: CFO Ankur Goel

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)

Updated On: 23 Jun 2026 | 9:58 PM IST

Akasa Air plans IPO in next 2-4 yrs; share sale is 'question of when': CFO

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 ...

Updated On: 23 Jun 2026 | 3:47 PM IST

Airfares may stay high as carriers bank fuel relief from Iran deal

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

Updated On: 22 Jun 2026 | 1:04 PM IST

Navi Mumbai Airport aims to hit over 1 mn passengers a month from Nov

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

Updated On: 17 Jun 2026 | 4:41 PM IST

Air India plans to downsize as Tata group balks at losses of $3 billion

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

Updated On: 12 Jun 2026 | 7:40 PM IST

ATF prices rise 10% as oil firms roll out price stabilisation regime

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

Updated On: 09 Jun 2026 | 11:05 PM IST

SpiceJet delays pilot salaries, seeks govt-backed loan to shore up finances

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

Updated On: 09 Jun 2026 | 11:21 AM IST