Tata group to take over ₹15,300 crore debt, Centre expected to write off around ₹28,000 crore; will provide a very strong market opportunity to Tatas' presence in aviation, says Ratan Tata.
Even as the Tata group doubles down on its aviation bets, IndiGo is also preparing ground for its next stage of growth. It’s on a mission to build the best airline system for India, says its CEO.
International flights between India and the U.K. had been on the rise thanks to an air bubble agreement between the two countries. Now, all bets are off.
The Tata group has evinced interest in buying Air India, even as it already owns loss-making airlines AirAsia India and Vistara. Despite its deep pockets, turning around Air India may not come easy.
While the Jet 2.0 programme is aimed at reviving the past glory of Jet Airways, the airline's new investors need to have the appetite for losses and commitment to investing top dollar. Will they?
Data by the Directorate General of Civil Aviation showed that more domestic travellers took to the skies last month, as compared to August. Although, traffic is still down on an yearly basis.
According to online travel portals, Indian holiday seekers are looking at Andaman & Nicobar Islands, Goa, Ujjain, and the neighbouring countries of Sri Lanka and Bhutan for their summer travel
India’s aviation sector reported a modest 2.8% YoY growth in passenger traffic in May, as Indian airlines added capacity led by budget-airline SpiceJet.
