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aviation industry

Aero India 2025 Preparations Underway in Bengaluru

Aero India 2025 Preparations Underway in Bengaluru

Mon, Feb 10, 2025

Preparations for Aero India 2025 are underway in Bengaluru, with key activities taking place at the Yelahanka Air Force Station. This video showcases the ongoing preparations as the event approaches. Watch to get a glimpse of what's happening on the ground.

India's domestic passenger traffic to see 7-10% growth in FY25, net losses to decline

India's domestic passenger traffic to see 7-10% growth in FY...

Thu, Sep 05, 2024

Domestic passenger traffic is set to witness 7-10 per cent growth (year-on-year) in FY25 as the Indian aviation industry is likely to navigate towards clearer skies, a report showed on Thursday. Rating agency ICRA forecasts the domestic passenger traffic to reach 164-170 million in FY25.

Centre plans dedicated entity for aircraft manufacturing growth in India

Centre plans dedicated entity for aircraft manufacturing growth i...

Wed, Sep 04, 2024

Minister said the civil aviation ministry plans to set up a special purpose vehicle for taking forward efforts to start aircraft manufacturing in the country.

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Inside Interglobe Aviation's Analyst Meet: Key Takeaways

Inside Interglobe Aviation's Analyst Meet: Key Takeaways

Tue, Mar 26, 2024

Interglobe Aviation's analyst meet, what are the important points of the analyst meet, why did brokerages' confidence in the company increase?

Airline industry to record USD 25.7 billion net profit in 2024: IATA

Airline industry to record USD 25.7 billion net profit in 2024: I...

Wed, Dec 06, 2023

IATA has more than 300 airlines as members. The airline industry's operating profit is expected to touch USD 49.3 billion in 2024 from USD 40.7 billion this year. In 2024, the total revenue is estimated to grow 7.6 per cent to USD 964 billion compared to 2023.

Aapki Khabar Aapka Fayda: Jet fuel prices increased due to fuel charge

Aapki Khabar Aapka Fayda: Jet fuel prices increased due to fuel c...

Fri, Oct 06, 2023

ATF Prices: From October 6, Indigo has started charging on fuel, Indigo has increased the fare by ₹ 300-1000 and SpiceJet can also impose its own fuel charge.

IndiGo Fuel Surcharge: Shares Soar as Investors Bet on Higher Revenue | Stock Market News

IndiGo Fuel Surcharge: Shares Soar as Investors Bet on Higher Rev...

Fri, Oct 06, 2023

Shares of InterGlobe Aviation, the parent company of IndiGo Airlines, soared on Friday after the airline announced a fuel surcharge of Rs 300–Rs 1,000 on domestic and international flights. The stock rose 2.11%, or Rs 52.15, to close at Rs 2,526.85.The fuel surcharge is expected to help IndiGo offset the rising cost of aviation fuel. The airline has been struggling with profitability in recent months due to high fuel costs and other factors.

Aviation industry Rs 11,658 cr loss in 2021-22

Aviation industry Rs 11,658 cr loss in 2021-22

Thu, Dec 22, 2022

According to the Civil Aviation Ministry, the details of losses incurred by the industry are: FY 2019-20 Rs 4,770 crore; FY 2020-21 Rs 12,479 crore; and FY 2021-22 Rs 11,658 crore.

DGCA imposes Rs 10 lakh fine on Air India for denying boarding to passengers with valid tickets

DGCA imposes Rs 10 lakh fine on Air India for denying boarding to...

Tue, Jun 14, 2022

DGCA on Tuesday imposed a fine of Rs 10 lakh on Air India. The penalty has been imposed for denying boarding to passengers holding valid tickets and thereafter not providing mandatory compensation to them.

Aviation stocks surge on the back of Tata-Air India deal; IndiGo jumps 9%, SpiceJet up 4.5% - check the reason

Aviation stocks surge on the back of Tata-Air India deal; IndiGo...

Mon, Oct 11, 2021

As the aviation sector is likely to head for re-rating and revaluation, as analysts predict after the Tatas winning the bid of Air India, the shares of airline companies — InterGlobe Aviation (IndiGo) and Spice Jet — was surging during Monday’s intraday trade on the exchanges.

Air India sale expected in first half of next fiscal: DIPAM Sec Tuhin Kanta Pandey

Air India sale expected in first half of next fiscal: DIPAM Sec T...

Fri, Feb 14, 2020

Government expects to complete sale of national carrier Air India in the first half of the next fiscal, Department of Investment and Public Asset Management (DIPAM) Secretary Tuhin Kanta Pandey said on Friday

Delhi airport starts doorstep baggage pick-up and drop service for Terminal 3

Delhi airport starts doorstep baggage pick-up and drop service fo...

Fri, Feb 14, 2020

Indira Gandhi International Airport on Friday announced that it has started a doorstep baggage transfer facility for passengers flying to and from its Terminal 3. This service will also be extended to Terminal 1 and Terminal 2 of the airport, stated the press release by GMR group-led Delhi International Airport Limited (DIAL)

Small towns got air travel facilities after 'UDAN' scheme came in existence

Small towns got air travel facilities after 'UDAN' sche...

Wed, Dec 18, 2019

Small towns got air travel facilities after 'UDAN' scheme came in existence. Watch this video to know more. #UDAN

Air passenger growth: Domestic aviation industry witnesses 3.3% expansion in May, reports ICRA

Air passenger growth: Domestic aviation industry witnesses 3.3% e...

Sat, Jun 22, 2019

ICRA report said the growth comes after the aviation industry reported a 4.4 per cent "de-growth" in traffic in April.

Aviation industry: Indian aircraft leasing business may face hurdles before take-off

Aviation industry: Indian aircraft leasing business may face hurd...

Tue, Oct 09, 2018

India is amongst the fastest growing aviation market in the world has placed an aircraft order of more than 1,000 aircraft valued at around $50 billion, which in unit terms is third only behind the US and China.

IATA revises 2017 industry profitability outlook upwards to over $31 billion

IATA revises 2017 industry profitability outlook upwards to over...

Wed, Jun 07, 2017

The International Air Transport Association (IATA) on Tuesday revised its 2017 industry profitability outlook upwards to $31.4 billion.

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