IndiGo share skids 4% amid report of stake sale by Gangwal family
Rakesh Gangwal and his family plan to raise ₹2,000 crore by selling 2.8% stake in InterGlobe Aviation through a block deal today
airlines
September 2022
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December 2021
SpiceJet’s scramble for survival
Past precedents with Jet Airways and Kingfisher have shown that once an airline starts spiraling downward, things often suddenly spin out of control
Domestic aviation industry to post ₹15,000 cr loss in FY23: ICRA
A sharp hike in airfares will be deterred by the intense competition and airlines' plans to expand their market shares, says ICRA.
Airlines can't refuse to carry persons with disability: DGCA
If an airline perceives that the health of a passenger may deteriorate in-flight, the said passenger will have to be examined by a doctor in person, says DGCA.
Rakesh Jhunjhunwala-backed Akasa Air receives first Boeing 737 aircraft
Akasa Air has placed an order of 72 Boeing 737 MAX airplanes powered by CFM fuel efficient, LEAP-1B engines, which are to be delivered over the course of five years.
International passenger traffic on Indian airlines beats pre-Covid levels: ICRA
India's domestic air passenger traffic stood at 1.14 crore in May 2022, around 7% lower compared to 1.22 crore in May 2019.
Paint, airline stocks surge as crude prices slump; IndiGo, SpiceJet, Asian Paints gain up to 8%
Brent crude oil dropped more than 12% overnight to retreat from a 13-year high of $130 a barrel touched in the previous session.
Former Vistara, SpiceJet executive Sanjiv Kapoor appointed as CEO of Jet Airways
Sanjiv Kapoor, a former senior executive at Vistara and SpiceJet, has been appointed as the CEO for the revival of low fare carrier, Jet Airways.
Domestic air traffic slumps 43% in Jan as Covid-19 hit
Domestic passenger traffic plummeted by around 43% to an estimated 64 lakh in the first month of 2022 compared with 112 lakh in December 2021.
IndiGo, Air India, SpiceJet, Vistara — how airlines cope with Covid
As India's air traffic slowly stabilises, a look at the different airlines' fleet and aircraft utilisation presents a very real picture of the ground reality.
