Aviation Sector In India

Domestic aviation sector likely to clock Rs 2k-3k cr net loss in FY25: ICRA

The country's civil aviation industry is projected to report a net loss of Rs 2,000 to Rs 3,000 crore in the current and next financial year as supply chain challenges and engine issues are expected to continue for some more time, according to a report. In the report on Tuesday, rating agency Icra also said that domestic air passenger traffic was estimated at 153 lakh in December, 7.3 per cent higher compared to 142.5 lakh recorded in November last year. "Further, it grew by ~10.8 per cent on a YoY basis and was higher by ~17.5 per cent than the pre-Covid levels, i.e., December 2019. The airlines' capacity deployment in December 2024 was higher than December 2023 by ~7.5 per cent and by ~3.8 per cent over November 2024," it added. Giving a stable outlook for the Indian aviation industry, Icra said there are expectations of moderate growth in domestic air passenger traffic and a relatively stable cost environment in FY25. Moreover, the industry witnessed improved pricing power durin

Odisha aims to be a leading aviation hub, focus on MRO facilities: Official

In a bid to establish Odisha as a leader in India's aviation industry, the state government has started consultation to develop maintenance, repair and overhaul (MRO) facilities here, an official said on Tuesday. A high-level stakeholder consultation, hosted by the Commerce and Transport Department, was held on Monday and attendees deliberated on the development of MRO in the state. Our goal is to establish Odisha as a leader in India's aviation industry. We are developing bespoke policies and offering substantial incentives and skill development programmes to empower local talent and ensure sustained industrial growth. This initiative is a pivotal step towards achieving the vision of a Viksit Odisha, Chief Secretary Manoj Ahuja, who presided over the meeting, said. The focus has been on innovation, infrastructure and industrial growth to create a robust aviation ecosystem, he said. Commerce and Transport Department Principal Secretary Usha Padhee said the effort is made to bring .

Indian aviation set to soar in 2025 with more planes, flights, and airports

The trails of mega-mergers, tailwinds of expanding fleets, flights and airports will dot the fast-growing Indian aviation firmament in 2025, though the dark clouds of supply chain woes will persist longer. Also, new airline takeoffs, the future trajectory of revised norms to tackle pilot fatigue and efforts to reduce carbon emissions will be on the radar. And in 2024, two airlines flew into the sunset, one airline is on a liquidation taxiway, aircraft orders climbed, single-day domestic air passenger traffic soared past record 5 lakh at least twice, and airfare movements continued to raise concerns. Not to leave out 999 hoax bomb calls received by airlines till November 14 this year. The aviation sector had its share of accidents in the form of a few trainer aircraft crashes and a roof collapse incident at Terminal 1 of the Delhi airport that killed one person. For the "fascinating" Indian market, where the domestic air traffic is projected to jump to 164-170 million this fiscal ..

Korean Air completes Asiana takeover to form one of Asia's biggest airlines

Korean Air acquired a 63.88 per cent stake in Asiana on Thursday, making it a subsidiary three years later than the smaller airline had initially anticipated

Air India to set up aircraft maintenance training institute in Bengaluru

Air India on Friday said it is setting up a Basic Maintenance Training Organisation (BMTO), which will offer an integrated 2+2 years Aircraft Maintenance Engineering (AME) programme certified by the Indian aviation regulator Directorate General of Civil Aviation (DGCA). The Air India BMTO is a step towards building a robust, future-ready aviation ecosystem in India, the company said. It will serve the ambitions of the airline as it moves ahead in its transformation journey, strengthening the availability of aircraft maintenance engineers as Air India expands its fleet, making it self-reliant, it said in a release. Air India has signed an agreement with Bengaluru Airport City Limited (BACL), a subsidiary of Bangalore International Airport Limited (BIAL), to develop a build-to-suit facility for the AME programme that will feature modern classrooms, well-equipped laboratories for practical training and a team of qualified trainers. The purpose-built campus, spread over 86,000 square f

Indian airlines' shakeup intensifies competition, expands business seats

Vistara operates its final flight on Monday before its planned merger with Air India kicks in the following day

Air India's Delhi-Indore-Mumbai flight gets hoax bomb threat; FIR lodged

A message claiming a bomb had been placed on Air India's flight from Delhi to Mumbai via Indore was posted on a social media platform which later turned out to be a hoax, police said on Wednesday. The Indore police in Madhya Pradesh have registered a case in this connection against an unidentified person, they said. The "threatening message" that a pipe bomb was placed in Air India's flight AI 636 was posted on an X social media account at 5.08 pm on Tuesday, an Aerodrome police station officer said quoting a complaint by a local official of the airline. The flight, arriving from Delhi, had already left for Mumbai from Indore at 4.38 pm, he said. "The message about a pipe bomb being placed in the Air India flight was proved to be fake in our investigation," Deputy Commissioner of Police Vinod Kumar Meena told PTI. A case was registered against the unidentified person who posted the threatening message on social media under Bharatiya Nyaya Sanhita section 351 (4) (criminal intimida

UDAN scheme helps improve passenger footfall here: Mysore airport director

Anoop JR, Airport Director said that the state government is coordinating the land acquisition process for the expansion of the airport, after acquiring land, the runway expansion work will be started

Centre plans strict norms to prevent hoax bomb threats to airlines

The civil aviation ministry plans to put in place strict norms to prevent incidents of hoax bomb threats to airlines, including placing the perpetrators on the no-fly list, a senior official said on Thursday. In four days, more than 20 flights of various Indian airlines received bomb threats, including international flights, and some of them were diverted. Most of the threats have turned out to be hoaxes. Against this backdrop, the ministry is looking at amending existing rules, including those related to the Bureau of Civil Aviation Security (BCAS), in order to ensure stringent punishments are in place for the culprits, the official in the know said. Placing individuals making hoax bomb threats in the airlines' no-fly list is one of the proposals being looked at, the official said. The official also said legal opinions are being gathered with respect to making the changes in the rules. The provisions being followed in foreign countries to deal with hoax bomb threats are also bein

DGCA removes 'enhanced surveillance' of SpiceJet after fund infusion

Random spot checks of low-cost carrier's operational aircraft will continue, says regulator

India needs over $170 bn to fund aviation expansion: S&P Global Ratings

India is one of the world's fastest-growing aviation markets and domestic passenger traffic is expected to double to 300 million by 2030

Adani Group, Bombardier explore partnership to boost Indian aviation sector

Discussions between Adani Defence & Aerospace and Canadian jet manufacturer Bombardier primarily focused on aircraft services, maintenance, repair, and overhaul (MRO)

Delhi airport climbs to 24th in megahub rankings, Mumbai falls to 44th

Globally, the top five megahubs are London Heathrow, Kuala Lumpur International, Tokyo-Haneda, Amsterdam Schiphol, and Seoul's Incheon Airport

Global airlines bet big on India, expect it to be hottest travel market

The domestic air travel market in India is expected to double to 300 million passengers from a record 152 million in 2023, according to government data

Go Air crisis: Central Bank set to auction Wadia's land for Rs 1,965 cr

Over 94 acres of land will be sold under the Securitisation and Reconstruction of Financial Assets and Enforcement of Security Interest (SARFAESI) Act 2002

IndiGo eyes lesser-known international destinations for next growth phase

It made a successful push into central Asia last year with flights to less-frequented cities like Baku, Almaty, Tashkent and Tbilisi, opening travel destinations void of major competition

GoAir crisis: EaseMyTrip's Pitti withdraws bid for the bankrupt airline

More than three months after jointly bidding for Go First, travel portal EaseMyTrip's CEO Nishant Pitti on Saturday said he was withdrawing the bid for the bankrupt airline. Busy Bee Airways, majority-owned by Pitti, along with SpiceJet Chief Ajay Singh, had put in a bid for Go First, which is undergoing an insolvency resolution process, in February. Pitti said after careful consideration, he decided to withdraw the bid for Go First in his personal capacity. "The decision allows me to better focus on other strategic priorities and initiatives that align with our long-term vision and growth objectives," he said in a statement. The latest move also comes less than a month after the Delhi High Court allowed lessors to take back 54 planes leased to Go First. On April 26, Pitti had said he will consider any necessary adjustments to its proposed offer for the grounded airline after reviewing the court order. It could not be immediately ascertained whether Ajay Singh will be pursuing th

Plane-less Go First's situation 'painful'; hopes for tailwind remain muted

Last May, it all started with flight suspension for just three days and "an unfortunate decision" of voluntary insolvency resolution option taken to protect the airline's interests. A year down the lane, the now plane-less Go First's fate remains uncertain and come June, there are revival expectations, though muted, when the extended deadline for the resolution process ends. There are concerns that the airline might even be pushed into liquidation, experts opined. "It is extremely painful to see that even after one year, the airline has not been able to revive the operations," the budget carrier's former chief Kaushik Khona told PTI. Since May 3, 2023, Go First has not taken to the skies, with its blue and white livery A320 planes gathering dust at airports, most staff leaving and many staring at uncertain times, and a resolution process still remaining on the tarmac. Hopes of a quick revival further faded, as the carrier's 54 planes have been deregistered after protracted legal .

IndiGo places first-ever widebody aircraft order for 30 Airbus A350 jets

Such a deal would be worth more than $9 billion, as per the last catalogue rates published in 2018

Airlines have to sit children younger than 12 with parents: Regulator

The DGCA has made it mandatory for airlines to assign seats for children up to 12 years old when at least one parent or guardian is traveling on the same PNR