Budget 2021: Tailwinds for the aviation sector
The tax exemptions on aircraft leasing and aircraft rentals made to foreign companies could provide relief to bleeding Indian airlines, and help grow the aircraft fleet size in India.
aviation industry
February 2021
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January 2019
Business travel has changed forever: IndiGo CEO
United Airlines, Air Canada, US Airways, and Air Sahara were Ronojoy Dutta’s stamping grounds, before IndiGo. Since then, it hasn’t been clear blue skies for the man. He now sees tailwinds emerging.
Homing in on a recovery
The rise in home sales across the country is because of historically low home loan rates, and discounts being offered by developers. And consumers are opting for bigger homes with a study room.
Aviation: It isn’t a fine autumn sky
Indian aviation is flying through heavy turbulence despite the government’s pro-industry directives. And the surge in Covid-19 cases across India is making matters worse.
Covid-19 batters Indian airlines
The Indian aviation industry isn’t out of the woods yet, as the pandemic shows no signs of retreating.
Airlines can’t accept bookings from May 4: DGCA
The Indian aviation regulator has said that airlines will be given “sufficient notice and time” for restarting operations.
IndiGo announces pay cuts as air travel plummets
The airline’s CEO Ronojoy Dutta is taking a 25% cut in salary, while all other employees will have to take a pay cut ranging between 5% and 20%; Employees in bands A and B are exempted.
Jet: A flawed flight plan?
Lenders have sought bids for a controlling stake in the grounded flier. But experts say the process should have been completed sooner.
India to have 200 airports by 2040
Top 31 cities will have two airports each; passenger traffic is expected to grow sixfold to touch 1.1 billion, according to the civil aviation ministry vision document.
