Given the nearly three-year construction timeline for a new terminal and runway, work on the northern side is proposed to begin by FY27 to ensure readiness by September 2029
Aviation stocks fall: InterGlobe Aviation shares fell as much as 5.62 per cent, while the counter of Spice Jet slipped 5.64 per cent on BSE
The company estimates India will require at least 500 aircraft in this segment over the next 20 years, driven by growing connectivity needs beyond metro routes and into Tier-II and Tier-III cities
Indigo has an extensive domestic network in India and is expanding its international reach
DIAL sells its entire 50 per cent stake in DASPL to Bird Flight Services, exiting the JV set up for ground support at IGIA Terminal 3, as DASPL ceases active operations
Air India urges Indian government to block IndiGo's aircraft leasing deal with Turkish Airlines, citing national security risks and negative impact on India's aviation sector and business
Air taxis could become a reality in India by 2026, but challenges in public acceptance and cost remain
Busy Bee is backed by EaseMyTrip co-founder Nishant Pitti
The Chamber of Trade and Industry (CTI) on Monday wrote a letter to Delhi Chief Minister Rekha Gupta, urging a reduction in Value Added Tax (VAT)on Aviation Turbine Fuel (ATF) to prevent a shift of air passengers to Noida's Jewar Airport. CTI Chairman Brijesh Goyal said the high VAT on ATF in Delhi is making flight operations costlier, which could lead airlines to prefer Jewar Airport in Uttar Pradesh. He said, "While Delhi levies a 25 per cent VAT on ATF, Uttar Pradesh reduced its tax from 21 per cent to just 1 per cent in December 2024." CTI General Secretary Gurmeet Arora emphasised that the lower tax in UP will significantly reduce operational costs for airlines, potentially leading to lower airfares at Jewar Airport compared to Delhi's Indira Gandhi International Airport. He said this price gap could result in a shift of air travellers to the new airport. The CTI added that if VAT on ATF in Delhi is reduced, airlines will face pressure to lower ticket prices, benefiting ...
"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"
The aviation summer season this year runs from March 30 to October 25
The DGCA said airlines must share the passenger charter link via SMS or WhatsApp when a ticket is booked and display it on tickets and websites to inform passengers of their rights
Godrej Enterprises Group's aerospace division has evolved from making ISRO rocket components to becoming a key player in India's push for self-reliance in military aircraft engines
DIAL proposes charging international business, 1st class passengers 2x the user development fee
Aerospace major Rolls-Royce on Monday said it intends to double its supply chain sourcing from India over the next five years. The company will seek to increase its sourcing of complex parts for advanced aerospace engines, naval propulsion systems, diesel engines and gas turbine engines as part of its plans to grow presence and participation in India's defence sector, Rolls-Royce said in a statement. Currently, the company said it sources a wide range of high-precision parts and engine components for its civil aerospace, defence and power systems businesses from a variety of Indian partners, without disclosing the overall value of the sourced products. "India is fast emerging as a preferred hub for global sourcing, and we are looking to broaden our partnerships here to support both our business growth and the government of India's vision to 'Make in India for the world'," Rolls-Royce Chief Transformation Officer Nicola Grady-Smith said. Stating that over the years, Rolls-Royce has
Airline CEOs in India don't want to talk about any new plane development, they want to talk about timely deliveries: Boeing
The route between Hokkaido's Chitose Airport to Tokyo's Haneda airport is the second largest domestic route globally, with 11.9 million seats which is a similar level to last year
The government on Thursday said 102 aircraft are on the ground due to supply chain issues and that it has been encouraging development of the ecosystem for manufacturing of planes by public as well as private enterprises in the country. Supply chain woes have been impacting the airlines' industry in recent years, especially after the coronavirus pandemic and due to certain geopolitical developments. In a written reply to the Lok Sabha, Minister of State for Civil Aviation Murlidhar Mohol said aircraft operating in India are periodically inspected for compliance with Directorate General of Civil Aviation (DGCA) regulations. The aircraft can also be withdrawn by the airline from flying when the spare parts and consumables to maintain the aircraft are not available from Original Equipment Manufacturer (OEM) & manufacturer to keep it airworthy. "There are total 822 aircraft registered under Scheduled Air Transport Service out of which 105 aircraft are Aircraft on Ground (AOG) due to ..
Domestic air traffic is projected to rise 7-10 per cent to 164-170 million in the current fiscal year, while the aviation industry's loss is pegged at Rs 2,000-3,000 crore during the same period, according to rating agency Icra. In the first half of 2024-25, Icra said domestic air passenger traffic stood at 79.3 million, marking a 5.3 per cent annual growth that was partly impacted by the severe heat wave and other weather-related disruptions. The international passenger traffic growth for Indian carriers increased and stood at 16.2 per cent in the first half of the current financial year. On Tuesday, the rating agency said domestic air traffic is expected to jump 7-10 per cent on an annual basis to 164-170 million in FY2025. Icra maintained a 'stable' outlook on the Indian aviation industry, amidst continued growth in domestic and international air passenger traffic. Kinjal Shah, Senior Vice President & Co-Group Head at Icra, said the industry is expected to report a net loss of
With Vistara merging into Air India, the number of full-service carriers in India will drop to just one, marking the end of a 17-year era of multiple full-service carriers in the country