Domestic air passenger traffic grows 6% to 1.3 cr in June 2024
Despite a recovery in air traffic and improvement in yields, the aviation industry stares at a net loss of ₹3-4,000 cr in FY2025 as seen in FY2024
aviation industry
July 2024
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September 2023
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May 2023
IndiGo to introduce 6 new routes this summer; check details
The airline will operate between Ahmedabad-Rajkot, Ahmedabad-Aurangabad, Bhopal-Lucknow, and Indore-Varanasi from March 31.
SpiceJet resolves ₹250 cr dispute with AerCap’s subsidiary Celestial Aviation
Representatives from SpiceJet and Celestial Aviation informed the NCLT last week that settlement terms had been reached and requested an adjournment, which the court granted.
Air India: Two years after!
Two years after moving into private hands—Tata Group—where does the much-anticipated turnaround of the erstwhile national carrier Air India stand?
Akasa Air to buy 150 737 MAX aircraft from Boeing by 2032
With this, the airline's order book stands at 226 Boeing 737 MAX airplanes, powered by CFM fuel-efficient, Leap 1B engines.
Akasa Air gets nod for international operations amidst pilot shortage
Though the company has not revealed the date for starting international operations, it is aiming to target South Asia, Southeast Asia and the Middle East as popular destinations.
Domestic passenger traffic up 22.8% in August: DGCA
In market share, IndiGo tops the chart at 63.3% in August, followed by Air India at 9.8%
ED arrests Jet Airways founder Naresh Goyal in ₹538 cr bank fraud case
Goyal is likely to be produced before a Special Prevention of Money Laundering Act (PMLA) in Mumbai today for remand.
IndiGo posts highest-ever profit of ₹3,091 cr in June quarter, revenue up 30%
This is the highest-ever profit recorded by IndiGo owing to weak competition and expensive air ticket prices
IndiGo Q4 results: Profit at ₹919 cr, revenue soars 76.5%
On a sequential basis, the airline's PAT, however, declined by 35.4% quarter-on-quarter (QoQ) as against ₹1,422.6 crore in the December quarter of FY23.
