Airline stocks have been soaring following a steep decline in crude oil prices and sustained passenger traffic. Analysts have particularly turned bullish on the stocks of InterGlobe Aviation and SpiceJet. On December 20, shares of InterGlobe Aviation (IndiGo) hit a record high of Rs 3,009 on the BSE, having surged 43.24 per cent year-to-date (YTD).
The Indian aviation industry faced a paradoxical situation in 2011 suffering huge losses in the face of a burgeoning domestic air traffic, as it battled high fuel costs and fierce competition while looking up to the government for help.
Don't ignore symptoms like coughing, wheezing or shortness of breath, warns Dr Sandeep Tilve.
The incident which occurred on August 11, involving SpiceJet Hyderabad flight from Chennai (SG 511) and Emirates' Dubai-bound Brisbane flight (EK 433), is currently being investigated by the aviation regulator, DGCA sources said.
An IndiGo aircraft from Amritsar missed the exit taxiway after landing at the Delhi airport on Sunday morning, following which one of the runways was blocked for little over 15 minutes, impacting flight operations, according to sources.
Jet has been operating on international routes since 2004, being the first private airline to do so in decades, after it launched a Chennai-Colombo service in March that year.
Hit by the third wave of the COVID-19 pandemic and soaring fuel prices, airlines are flying towards record losses with a likely loss of a whopping Rs 20,000 crore for the full fiscal year, warns a report. The airlines are flying towards their steepest-ever net loss of over Rs 20,000 crore this fiscal, which will be 44 per cent more than Rs 13,853 crore they bled last fiscal, Crisil said in a report. This will push back the industry's recovery beyond fiscal 2023, the report based on three large listed airlines--Indigo, Spicejet, and Air India--which together command 75 per cent of the domestic traffic, warned.
'Dense' to 'very dense' fog prevailed in parts of Punjab, Haryana, west Rajasthan, Bihar, Delhi, west Uttar Pradesh, Jharkhand, Odisha and Assam.
It will start four flights a week to Hyderabad from Hong Kong in December, while its wholly-owned subsidiary Dragonair will commence a similar service to Kolkata from November.
Passengers carried by all airlines in January stood at 41.41 lakhs (4.14 million), compared to 33.76 lakh (3.37 million) in 2009, registering a growth of 22.7 per cent, official air traffic figures released on Friday, said.
The death toll in the Ghatkopar hoarding collapse in Mumbai rose to 16 on Thursday with rescue personnel retrieving the bodies of a retired general manager of Air Traffic Control (ATC) and his wife, officials said.
Enchanted rings, talking teddy bears and arranged marriages of the phony kind, hijack horror and more on OTT this week.
Aviation security watchdog BCAS has recommended installation of scanners based on computer tomography technology at airports whereby passengers will not be required to take out electronic devices from their hand baggage before going through the scanner. Currently, the scanners used at airports provide a two-dimensional view of the objects inside a hand baggage. Jaideep Prasad, Joint Director General of the Bureau of Civil Aviation Security (BCAS), on Wednesday said the regulator has proposed installing scanners based on computer tomography technology at airports that will provide a three-dimensional view of the objects in hand baggage.
Facing disruptions due to non-availability of crew, Vistara on Sunday announced reducing 10 per cent of its capacity or 25-30 flights daily and most of the cancellations are in the domestic network as the Tata Group airline strives to stabilise operations. The full-service carrier is to operate over 300 flights daily in the ongoing summer schedule and witnessed significant disruptions earlier this week as many pilots reported sick, resulting in cancellations of flights. "We are carefully scaling back our operations by around 25-30 flights per day, i.e. roughly 10 per cent of the capacity we were operating.
The work to remove 377 metric tonnes of hazardous waste from the now-defunct Union Carbide factory in Bhopal has begun. The waste will be transported to an incineration site in Pithampur near Indore, around 250 km from Bhopal. The move comes after the Madhya Pradesh High Court ordered the authorities to clear the site, 40 years after the deadly gas leak that killed thousands and left hundreds of thousands with health problems.
When in Landour, discovers Supriya Newar, one of the most important things to do and that too in large measures, is to do nothing at all.
Improvement in load factors, coupled with an increase in seat capacity after Jet's slots were allotted to low-cost airlines, has resulted in an increase in daily passenger traffic.
The Prime Minister's Office (PMO) on Tuesday claimed there was no disagreement within the government, or between ministers and the prime minister, over enhancement of bilateral air traffic rights to Abu Dhabi.
The country's largest airline IndiGo on Friday saw its profit after tax slide 18.3 per cent to Rs 2,448.8 crore in the three months ended December 2024 due to foreign exchange loss even as revenue jumped on higher capacity and passenger traffic. The carrier, which had a fleet of 437 planes at the end of December, is planning to induct wet leased planes for long range flights and expects the number of grounded aircraft to come down to 40s by the start of next financial year from the current level of 60s.
Indian airlines will operate a total of 23,732 flights every week during the winter schedule, which is more than 8 per cent higher than the year-ago period, amid rising air traffic demand. The winter schedule 2023 -- effective from October 29 to March 30 next year -- for the scheduled carriers has been approved by aviation regulator DGCA. Go First, which stopped flying from May 3 and is undergoing an insolvency resolution process, will not be having any operations during the winter schedule.
Singapore Airlines on Tuesday said Vistara will be merged with Tata group-owned Air India. Tata group owns a 51 per cent stake in Vistara, and the remaining 49 per cent shareholding is with Singapore Airlines (SIA). As part of the transaction, SIA will also invest Rs 2,058.5 crore in Air India.
The India meteorological department (IMD) on Wednesday evening issued a red alert for Mumbai and its neighbouring districts, predicting "extremely heavy rainfall".
This closure has led to increase in flight duration and has put a strain on Mumbai's air traffic controllers, who are working extra shifts to handle the increase in traffic.
The city's Air Quality Index (AQI) stood at 420 at 8 am on Thursday, compared to 426 at 4 pm on Wednesday. The AQI map prepared by the Central Pollution Control Board showed clusters of red dots (indicating hazardous air quality) spread across the Indo-Gangetic plains.
A court in Mumbai on Wednesday directed police to conduct an enquiry into social media influencer Sapna Gill's complaint of molestation against cricketer Prithvi Shaw in 2023.
'If you keep on irritating the body by allowing all kinds of pollutants to get into it, the body cells are going to get irritated and cancer will come.'
Passenger traffic to Lakshadweep more than doubled from April to June this year.
Not a single flight was able to take off or land at the Indira Gandhi International Airport between 0200 IST and 0900 IST
All borders of the national capital will be sealed for the entry of commercial and heavy vehicles by Thursday midnight apart from heavy police deployment, they said.
A possible mid-air collision involving an IndiGo aircraft bound for Guwahati from Dibrugarh with 179 passengers onboard was averted due to an alert by the air traffic control that there was an 'intruder' aircraft at 30,000 feet.
Four Army personnel were killed and one was reported missing after the twin-engine weapon system integrated (WSI) version of the indigenously-built helicopter went down at Migging village in Upper Siang district of the border state at 10.43 am on Friday.
Local officials said no casualties have been reported due to Wednesday's quake that hit the Madoi County in Golog Tibetan Autonomous Prefecture of Qinghai province of northwest China at 3:44 pm (Beijing time), tremors for which were also felt in north-eastern Nepal.
The BJP may win more seats in the February 5 assembly election, but not enough to trump AAP, notes Ramesh Menon.
AirAsia on Sunday changed its bright fiery red logo to gray on its Twitter and Facebook pages after its aircraft, carrying 162 people, went missing en route from Indonesia to Singapore.
The pilots have been "derostered" pending investigation, Air India Express later said in a statement.
An improvement in the wind speed November 21 onwards might bring air pollution levels down.
On May 28, following the bomb threat, which later turned out to be hoax, all the passengers were evacuated through emergency slides from the aircraft at the Delhi airport.
Very dense fog lowered visibility to 50 metres at the Palam observatory, near the Indira Gandhi International airport, at 5:30 am.
The sources said that an ATC posted at the Indira Gandhi International Airport in New Delhi was subjected to the drug test.
Airfares have nearly doubled in a matter of days on routes hit by the cancellation of 200 weekly flights linking Mumbai airport to 12 cities. The fares have soared as high as 193 per cent following a recent government order to cancel flights to ease "persistent congestion" that was causing delays. Aside from the reduction in flights on 12 routes, two destinations - Hubli and Jabalpur - have lost connectivity with Mumbai since last week, according to aviation analytics firm Cirium's data reviewed
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