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Deepak Patel is an assistant editor at Business Standard, covering the aviation and automobile sectors for the newspaper.
Deepak Patel is an assistant editor at Business Standard, covering the aviation and automobile sectors for the newspaper.
"The airline aims to carry about 30 million passengers in 2025-26, roughly 50 per cent more year-on-year, as the aircraft inducted in the latter part of 2024-25 will have their full impact in 2025-26"
India calculating impact of 25% duty on cars, auto parts; firms see hit on margins
MSIL's board currently comprises 11 members-five Indians and six Japanese. Among the Indian members, four are independent directors, while chairman R C Bhargava is the fifth
This marks a climbdown from the regulator's earlier demand for detailed fare records, including individual ticket prices, booking dates, and passenger counts over the past two years
The aviation summer season this year runs from March 30 to October 25
The AERA on Tuesday afternoon conducted a three-hour-long meeting with aviation sector stakeholders to discuss the aeronautical charges
Move aimed to increase its passenger handling capacity to 6 million passengers per annum
Heathrow Airport, one of the busiest in the world, handles approximately 1,280 flights daily, including around 37 to and from India
To balance the impact of the increased UDF, Adani Group-led MIAL said it has also proposed a reduction of approximately 35 per cent in aircraft landing and parking charges
The CEO also said that leasing planes is not an easy solution either
AERA's statement and these audit findings come after the collapse of Delhi Airport's Terminal 1 canopy on June 28 last year, which killed a cab driver and injured eight people
DIAL requested AERA to align manpower cost projections with its submissions and consider at least a nine per cent growth, as observed by AERA itself in previous "control periods"
Delhi Airport has three terminals: T1 with a capacity of 40 million passengers per year, T2 with 15 million, and Terminal 3 (T3) with 45 million
He mentioned that almost 93 per cent of the air traffic between India and Saudi Arabia is point-to-point, and there is a huge scope of increasing flight frequencies between the two nations
As part of this arrangement, Sakthi will manufacture 200 aircraft exclusively for ACI
Vanishing prey and fierce competition from leopards keep cheetahs on edge
SpiceJet has been posting losses for the past six financial years. The airline was last in the green in 2017-18, when it recorded a consolidated net profit of Rs 557.4 crore
"Overall, the average domestic ticket price will increase by no more than 1.5-2 per cent, while international fares will rise by 0.5-1 per cent," the CEO said
The company's previous three facilities are located in Gurgaon and Manesar in Haryana and Hansalpur in Gujarat, with a combined annual production capacity of 2.35 million units
After unveiling the new model, Anjali Rattan told reporters: "The sales this financial year will be about 13,000-14,000 units. We expect the sales in the next financial year to be about 40,000 units"