Is the Indian aviation sector showing clear signs of recovery? Is this the rebirth of the film industry after a pandemic pause? How are fuel-cell electric vehicles different from EVs? Get all answers
Prime Minister Narendra Modi on Wednesday inaugurated a new international airport at Kushinagar in Uttar Pradesh
Indian airlines' passenger traffic is rising steadily. And, in time for the festival season, airlines in India are allowed to operate at 100% capacity. What else is in favour of the sector?
Union minister Jyotiraditya Scindia on Thursday announced a 100-day plan for the country's civil aviation sector, including policy measures and development of airports as well as heliports. The civil aviation minister said the plan would focus on 16 areas. Addressing a press conference here, Scindia said the plan has been prepared after "combined consultations". Out of the 16 areas, 8 relate to policy and 4 pertain to reforms. Among others, six heliports would be developed in Himachal Pradesh and Uttarakhand under the regional air connectivity scheme UDAN. A new policy for Maintenance, Repair and Overhaul (MRO) activities has also been announced. The civil aviation sector has been adversely impacted by the coronavirus pandemic and is slowly coming on the recovery path.
Experts say the demands of airports controlled by big corporate groups sitting on piles of cash are unlikely to be entertained by the Modi govt
High oil prices and weaker rupee is likely to hit financial performance in Q1FY22
Compared with other major countries during Covid-19, domestic airlines have precariously stayed the course
Domestic air traffic nosedived to 19.20 lakh passengers in May from around 57.3 lakh in April, registering a sharp 65-67 per cent month-on-month contraction on account of the second wave of the pandemic, a report said on Thursday. With such a sharp fall, the domestic passenger traffic reached lower than the June-July 2020 levels, rating agency Icra said. At the same time, the airlines' capacity deployment for May was lower by around 54-55 per cent 27,700 departures, compared to about 60,300 departures in April this year, indicating the lower demand stemming from averseness of consumers to travel due to the rise in infections, it said. For May 2021, the average daily departures were around 900, significantly lower than around 2,000 in April 2021. The average number of passengers per flight during May was 72, against an average of 93 passengers per flight in April 2021, said Kinjal Shah, Vice President and Co-Group Head at Icra. The gradual decline depicts the continuing stress on ..
United Airlines said on Friday it is temporarily pausing service between Chicago and New Delhi in June and delaying the planned launch of flights between San Francisco and Bangalore
India's domestic air passenger market is expected to double its size by 2030 from the pre-pandemic level, aircraft manufacturer Boeing said on Wednesday
A total of 5,808 flights were delayed or cancelled in India due to adverse weather conditions, during November and December last year, Civil Aviation Minister Hardeep Singh Puri said on Thursday.
Indian airlines are currently carrying 60 per cent of the total pre-Covid domestic passengers and this is better than most countries in the world
Business Standard brings you top news of the evening
US based firm has $28 mn market cap, has already bid for several bankrupt firms in India such as Lavasa Corp, Asian Colour Coated Steel and Reliance Naval
Indian aviation industry is expected to report a net loss of Rs 21,000 crore in the current financial year against a net loss of Rs 12,700 crore in FY20 due to lower revenues and high fixed costs
IATA calls on governments to support the industry during the coming winter season with additional relief measures
On Saturday, the regulator had said that a scheduled flight will be suspended for a period of two weeks if anyone is found taking photographs inside the plane
In-flight meals were banned when air transport had resumed on 25 May to counter the spread of the virus
The full service carrier, which shuttered operations in April last year, had a loss of Rs 766.13 crore. These figures are for standalone comprehensive losses
Captain Gaurav Taneja, a popular Youtuber, tweeted on June 14 that he has been suspended by AirAsia India 'for standing up for safe operations of an aircraft and its passengers'