Air passenger traffic to touch record highs of 373-380 million in FY24: Report
Passenger traffic growth revised upwards to 14-16% in the backdrop of strong recovery momentum; international traffic to cross pre-Covid level in FY24, says ratings agency ICRA
Akasa Air's Dilemma: To Be Or Not To Be
As Akasa Air reaches the one year milestone, its raison d'etre is not yet clear
Air India to acquire 250 aircraft from Airbus: Chandrasekaran
Tata group has signed a letter of intent to acquire 250 aircraft from Airbus, says the Tata Sons chairman N Chandrasekaran
IndiGo narrows Q1 loss to ₹1,064 cr; revenue zooms 328%
IndiGo's Q1 FY23 revenue was the highest ever at ₹12,855.3 cr; CEO says cost pressures on fuel and forex prevented it from translating revenue into net profitability
‘No safety scare’: SpiceJet on tech issue with Dubai-Madurai flight
SpiceJet says flight SG23 was delayed due to a "last-minute technical issue" and an alternative flight was arranged for passengers
Jet 2.0: Turbulence ahead
When the National Company Law Tribunal approved the revival of the erstwhile Jet Airways, a new chapter in India’s aviation sector got scripted. But will the airline fly again?
Big bull Jhunjhunwala to start an airline
While speaking at a virtual panel discussion, ace investor Rakesh Jhunjhunwala said he "loves it" when people say “you want to be a millionaire and that’s why are investing in an airline.” Read on.
Aviation gallops: Daily passengers up 3x since May
With the decline in the second wave of the pandemic, passenger confidence in air travel is on the rebound. Starting October, though, is when traffic numbers could gain momentum, says IndiGo.
After record Q1 profit, IndiGo braces for a weak Q2
Given that all airlines in India have replaced the capacity vacated by Jet Airways, a low-fare environment has set into the crucial 0-15 day booking period which would add pressure on revenues
Jet Airways’ founder Naresh Goyal can’t leave India
While Delhi High Court refused Goyal permission to fly abroad, it asked him to deposit ₹18,000 crore as guarantee if he wished to travel. Meanwhile, Vijay Mallya’s extradition suffers a setback.