Aviation Sector

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

Cabinet approves ECLGS 5.0 with an outlay of ₹18,000 crore

Spirit Airlines ceased operations on Saturday following a doubling in jet fuel prices due to Iran war

India's top airlines have asked the government for urgent relief as record-high jet fuel prices raise costs, threaten flight operations and may lead to higher fares and route cuts

A Swiss Airbus A330 aborted takeoff at Delhi airport after an engine failure and fire alert, forcing emergency evacuation of over 230 passengers and crew on the runway early Sunday

Maran side calls it rehashed distress plea; court tests feasibility of asset sale

Size of the infusion from the majority shareholders is still being discussed but may be less than what the carrier needs, meaning Air India would have to look for other financing options

Air India ​CEO Campbell Wilson has ​stepped down from ‌his position, Indian newspaper Mint reported, citing two people with knowledge of the matter

The broader conflict in West Asia, the largest international market for Indian carriers, has forced a sharp reduction in daily flights relative to the summer schedule

Jet fuel prices, the single largest cost component for airlines, have surged sharply since February and are now forcing airlines globally to raise fares and activate emergency cost controls

Geopolitical tensions, rising crude prices and rupee depreciation prompt brokerages to cut IndiGo's earnings estimates for FY27 despite stable demand outlook

Government approves next phase of UDAN scheme to boost regional connectivity, develop airports and helipads, and support airlines operating in underserved regions

Under the new rule, airlines must allocate a minimum of 60 per cent of seats on each flight without any seat selection charges

Large chunks of the West Asian airspace have since remained closed for commercial flights

Global airlines have seen billions of dollars wiped from their market capitalisation on the surging cost of fuel and uncertainty about when safe operations can resume