SpiceJet shares tank 19% as airline marks 18th anniversary
The budget airline has seen a consistent drop in its domestic market share in 2023
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Aviation industry suffered ₹11,658 cr loss in FY22
Govt cites COVID-19 disruptions, rupee depreciation against the US dollar, and a high operating cost environment, especially due to an increase in ATF prices, for high losses of airlines.
Fortifying India’s airport infrastructure
At the Global Aviation Summit in Mumbai, industry representatives weighed in on what needs to be done to strengthen airport infrastructure in the country.
Bring jet fuel under GST: Indian airlines tell govt
The aviation industry says it is hard to compete with international fliers while it bears the brunt of a bunch of indirect taxes.
Development needs to be big bang, not incremental
Two ministers with key portfolios–steel and aviation, share the government’s vision for rapidly transforming India through swift action, and the political dividend they hope to reap.
Domestic air passenger traffic for Jan-April up 24.41%
Improved regional connectivity boosted by the government’s UDAN scheme behind the growth.
