The Indian aviation sector is on the cusp of a change as airlines look to induct a record number of aircraft. This, analysts said, will put the sector on a growth runway, though keeping it viable for only long-term investors. According to Vinit Bolinjkar, head of research at Ventura Securities, expectations of strong air traffic, coupled with low penetration, is the prime reason for a solid long-term outlook.
Two more insolvency petitions were filed by Sabarmati Aviation and JetAir 17 against budget carrier Spicejet at the National Company Law Tribunal (NCLT) on Monday. The NCLT issued a notice to the airline over the plea by operational creditor Sabarmati Aviation while asking another complainant, JetAir 17, to file additional documents in support of its claims of $27 million.
Prime Minister Narendra Modi held a meeting with National Security Advisor Ajit Doval and External Affairs Minister S Jaishankar upon his arrival from Saudi Arabia to take stock of the situation following the terror attack in Pahalgam, Kashmir. The meeting also included Foreign Secretary Vikram Misri. The attack, which killed at least 26 people, including tourists from the UAE and Nepal, has sparked nationwide shock and outrage.
Mumbai International Airport (MIAL) has proposed a significant increase in User Development Fee (UDF) for international passengers, while domestic passengers will be charged a UDF for the first time. However, MIAL also proposed a 35% reduction in landing and parking charges, aiming to balance infrastructure development with cost-effective air travel for airlines. The new tariff structure is subject to approval by the Airport Economic Regulatory Authority (AERA).
India is preparing to resume the Kailash Mansarovar Yatra, a pilgrimage to Mount Kailash in Tibet, after a three-year hiatus. The decision comes as part of efforts to improve relations between India and China, which have been strained since a military standoff in 2020. The two countries have also agreed in principle to resume flight services between them.
The plane, a PSA Airline Bombardier CRJ700, crashed in the Potomac River near the vicinity of Reagan National Airport, according to officials.
Rutuja Warhade secured the first spot among girls and third in all India ranking. She will join the National Defence Academy in June and hopes to become an army pilot.
The 31st meeting of the Goods and Services Tax (GST) Council, held in December 2018, deferred a decision to reduce the GST rate for cement from 28 per cent to 18 per cent. This was despite recognising that cement - along with automobile parts - remained among the few mass-consumption items still taxed at the highest slab, which was originally meant for luxury and sin goods.
Aviation watchdog DGCA has issued a warning letter to Akasa Air's accountable manager Vinay Dube, who is also its founder and CEO, for regulatory lapses, days after the airline was warned for violating norms related to handling dangerous goods.
The National Company Law Tribunal (NCLT) on Monday ordered the liquidation of Go First, the budget carrier that stopped flying nearly three years ago after being bogged down by financial woes. In May 2023, the airline filed for a voluntary insolvency resolution process citing financial woes. The tribunal, in a 15-page order, said it is ordering the liquidation of the corporate debtor Go Airlines (India) Ltd.
'Amaravati will be a game changer for Andhra Pradesh.'
Airlines must ensure that all check-in counters at the Delhi airport are fully staffed to minimise passenger inconvenience as smog has started affecting the flight operations, Aviation Minister Rammohan Naidu directed on Wednesday. The minister gave this direction during a meeting with representatives of major airlines, Delhi International Airport Limited (DIAL), officials of the Ministry of Civil Aviation, Directorate General of Civil Aviation (DGCA) and the Bureau of Civil Aviation Security (BCAS).
'I now see rates rising again, particularly after recent losses - especially the January wildfires in Los Angeles.'
Italian news agency ANSA said the flight was diverted following a request from American Airlines for security checks related to a "suspected bomb threat".
'Naval Aviation has contributed through numerous humanitarian assistance and disaster relief operations during which it has provided relief to fellow citizens like the recently conducted rescue operations off Mumbai during Cyclone Tauktae in May 2021.'
The entire construction of the Navi Mumbai airport project is expected to be completed in five phases.
The subscriber count made JioHotstar one of the largest OTT platforms in the world.
Union Minister Shivraj Singh Chouhan on Saturday slammed Tata Group-owned Air India for allotting him a 'broken and sunk' seat, prompting his ministerial colleague K Rammohan Naidu to instruct the airline to take 'necessary action'.
'Entering India is exciting, but it's also challenging. You have to be prepared for long-term investment.'
IndiGo is only behind Qatar Airways, which grew slightly faster at 10.4 per cent in the same period, according to the latest data from Official Airline Guide (OAG) based on 20 top airlines in the world.
The number of serious incidents has more than doubled in the last seven years.
An Air India flight bound for New York returned to Mumbai on Monday morning after a bomb threat was reported. The aircraft, carrying 303 passengers, was thoroughly checked by security agencies, and nothing suspicious was found. The flight has been rescheduled to operate at 5 am on Tuesday, and passengers have been offered hotel accommodation and other assistance. This incident follows a recent trend of hoax bomb threats on flights, with at least 15 flights receiving such threats this year.
All eyes are on the fabulous Priyanka Chopra's newest family member -- her sister-in-law, Neelam Upadhyaya.
Air India has denied claims that a wheelchair was not provided to an 82-year-old woman at Delhi airport, leading to her fall. The airline says the passenger was not denied assistance and was given immediate first aid after the incident. The granddaughter of the passenger had alleged that the airline provided poor treatment and that her grandmother was not allocated a wheelchair for almost an hour. Air India, however, stated that a wheelchair could not be provided within 15 minutes due to high demand. The incident occurred on March 4, and the passenger later boarded the flight to Bengaluru.
The Centre has appointed senior IAS officers Vumlunmang Vualnam and Neeraj Mittal as new secretaries in the ministry of civil aviation and the department of telecommunications respectively in a major secretary-level bureaucratic reshuffle, a government order stated.
Air India has covered a lot of ground since privatisation and its global coverage will further increase in the years ahead, the airline's chief Campbell Wilson said on Wednesday. He also said the interior refit of the single-aisle fleet, serving domestic and short-haul international destinations, is underway, and will be completed by mid-2025.
From highways connecting once-remote regions to aviation networks carrying millions, India's infrastructure story is one of transformation.
A medical transport jet with a child patient and five others aboard crashed and sparked a large fire in a neighbourhood of Philadelphia on Friday.
Aircraft supply to airlines will remain constrained during the next four to five years due to the supply chain issues being faced by plane makers Airbus and Boeing and there is not much that carriers can do beyond optimising their flight network expansion, Air India CEO and MD Campbell Wilson said on Tuesday.
Delhi International Airport Limited (DIAL), which operates India's largest airport, dismissed the expert committee report as "inaccurate", claiming it relied on "probabilities, hypothesis, and conjectures" rather than empirical data or complete documentation.
'We need to raise the costs and consequences for Pakistan. It is long overdue. Our initial surgical strike was effective for about six months. Then, the Balakot strike provided a deterrent for perhaps two to three years. But we cannot operate under the assumption that such limited responses will suffice for decades to come.'
Engineers from Space X said that the 400-foot-tall ship, launched from the company's Starbase facility near Boca Chica Beach in Texas, lost altitude control after several engines stopped working 20 seconds before the end of the ascent burn.
A day after high drama over the 'kidnapping' of ex-Maharashtra minister Tanaji Sawant's son, traced on a Bangkok-bound chartered flight which was diverted to Pune, the Sawant junior claimed he kept his 'business trip' secret to avoid his family's wrath.
Demand for the Christmas period is expected to rise further in the coming days.
Following a significant power outage, operations at the London Heathrow (LHR) have been suspended till 2359 hours (local time) on March 21 (05.30 am March 22, IST).
Modi alleged that the Congress government in Karnataka gave reservations in tenders based on religion, "snatching the rights of SCs, STs and OBCs." But Ambedkar had said there would not be reservation based on religion and there is a bar on giving reservation on the basis of religion in the Constitution, he stressed.
The civil aviation ministry plans to put in place strict norms to prevent incidents of hoax bomb threats to airlines, including placing the perpetrators on the no-fly list, a senior official said on Thursday.
In 1911, French pilot Henri Pequet flew the world's first official airmail, carrying over 6,500 letters and postcards, during the Kumbh Mela in Allahabad, now Prayagraj. The flight, which covered five miles in 13 minutes, marked a significant milestone in aviation and postal history. The mail included letters to Jawaharlal Nehru and King George V, and special commemorative postcards signed by Pequet are now prized collector's items. The event, which coincided with the Kumbh Mela, highlights the intersection of spiritual and technological advancements in India's history.
Foreign investors continue to pull back money from the Indian equity market, withdrawing Rs 24,753 crore (about $2.8 billion) in the first week of March amid escalating global trade tensions and lacklustre corporate earnings.
Pseudonymous or anonymous nature of the social media handle, analysis of the geopolitical situation and presence of VIPs onboard are some of the new criteria that agencies will keep in mind while considering the seriousness of a bomb threat made to Indian airlines.
