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IndiGo pips Southwest to become world's 3rd most valuable airline by mcap

IndiGo's share price jumped by 4.73 per cent to Rs 3,806 on Wednesday, thereby elevating its market capitalisation to $17.605 billion

Sky-high demand: Politicians drive helicopter rates up 15-20%

BJP, Congress dominate advance bookings, helicopter charter firms say

Maruti Suzuki adds new line, to boost manufacturing capacity by 4.5%

India's largest carmaker operates three manufacturing plants across the country

AIESL union threatens strike on April 23 over salary, promotion issues

New service agreement unfairly treats permanent vs FTE staff with disparity in notice period and benefits

Air India, BIAL sign agreement to develop Bengaluru airport as hub

According to Cirium, the Bengaluru airport presently manages approximately 5,145 flights per week. Tata-run airlines operate 1,538 of these flights weekly to and from Bengaluru airport

Vistara cuts 10% daily flights in April to stabilise its operations

The cancellations mainly impact the airline's domestic flights and were planned in advance to minimise customer inconvenience

Average daily international traffic dropped by 4.81% to 196,050 in March

In March, each Indian carrier's load factor (occupancy) experienced a M-o-M decline

Vistara apologises to passengers for flight cancellations amid pilot unrest

Since Monday, Vistara has been compelled to cancel over 150 flights, allegedly due to a specific group of pilots taking sudden sick leave at the end of March

One-third of Air India's staff hired in last two years: CEO & MD Wilson

Vistara airline, which is a 51:49 joint venture of the Tata Group and Singapore Airlines, is in the process of being merged into Air India

'Bonded labour': Air India pilot unions extend support to Vistara

Vistara is a 51:49 joint venture of Tata Group and Singapore Airlines. Air India is a completely owned airline of the Tata Group. Vistara is in the process of being merged into Air India

Akasa Air regains top spot in on-time performance chart in March

In March, the new airline maintained an average daily OTP of 85.21 per cent. AIX Connect, which held the top position in February, recorded an OTP of 85.07 per cent in March

Flight schedule to normalise in 2-3 days: Vistara CEO Vinod Kannan

According to sources, he thanked the pilots for accepting the new salary structure proposed as part of Vistara's ongoing merger with Air India

Vistara cancellations lead to surge in spot airfares by up to 38%

The impact on the Bengaluru-Udaipur route is quite significant because only two daily flights operate between the two cities-one by Vistara and the other by IndiGo

Domestic and international air traffic cross pre-pandemic peak in FY24

International air traffic in India saw faster growth than domestic air traffic in 2023-24

DGCA asks Vistara to provide information about flight cancellations, delays

Airline asked to comply with regulations on assisting passengers affected due to cancellations or delays

Bajaj Auto leads major 2W makers with highest domestic sales growth in FY24

TVS Motor's domestic sales jumped by 21.52 per cent Y-o-Y to 3.15 million units in FY24

Robust rural growth, strong demand for SUVs drive car sales in FY24

The SUV segment's market share in the total Indian PV market grew from 40.1 per cent in FY22 to 43 per cent in FY23, and further surged to 50.4 per cent in FY24

'Crew unavailability': Vistara cancels 50 flights, several others delayed

The airline has deployed larger aircraft like the B787-9 Dreamliner and A321neo on select routes to merge flights or accommodate more passengers

AAI planning capex of Rs 30,000 cr in next five years: Jyotiraditya Scindia

AAI Chairman Sanjeev Kumar said the AAI's capex in 2023-24 stood at Rs 5,250 crore. It was a bit higher than the capex of 2022-23, which stood at Rs 5,175 crore

Indian carriers' focus is now on international market to boost revenues

According to Joshi of Network Thoughts, during next few years share of Indian carriers in itn'l traffic will rise, because Air India will induct more capacity and so will IndiGo, with XLR aircraft