In 2025, India launched Operation Sindoor, a multi-domain combat mission against Pakistan in response to cross-border terrorism. The operation involved precision strikes, military retaliation, and diplomatic measures, marking a significant shift in India's security policy.
The downturn in the aviation sector is expected to continue till at least the end of this year as record oil prices compel airlines to raise fares, according to International Air Transport Association (IATA) and Centre for Asia Pacific Aviation (CAPA).
According to CAPA, partial abolition of the 5/20 rule was a serious compromise.
India's share will only get bigger once SpiceJet enters the fray from June to fly south east Asia and south Asian countries.
Jet has already confirmed an order for 50 737-MAX planes together with up to 10 777-300ERS from Boeing.
At a panel discussion at the Centre for Asia Pacific Aviation's summit in Mumbai on Tuesday, Gopinath also said that airlines should price fares so as to maximise loads.
The Centre for Asia-Pacific Aviation also expects India's airlines to post a combined loss of a whopping $1.4 billion, with Air India likely to be the 'worst performer' to report a loss of almost the entire amount of $1.3 billion.
Estimating that AI's total losses this fiscal would mount to $800 million in 12 months ending March 31, consultancy firm Centre for Asia Pacific Aviation has said that the airline would require at least $1 billion for rebuilding it self.
Top foreign and Indian aviation experts said the flurry of private investors showing interest in setting up no-frill airlines sent a signal to the government of the massive untapped potential in the aviation and tourism market in India.
Etihad will be able to carve out a strong niche in the Indian market.
The Centre for Asia Pacific Aviation expects around $20 billion investment towards airport infrastructure in the next ten years in India to accommodate the current expansion plans of various private and public sector airlines.
Southwest Airlines remains the world's biggest low cost carrier (LCC), according to Centre for Asia Pacific Aviation (CAPA).
Southwest Airlines remains the world's biggest low cost carrier (LCC), according to Centre for Asia Pacific Aviation (CAPA).
Only 9% of passengers on such airlines are first-timers: CAPA survey.
Major no-frill carrier IndiGo expects to continue its profit-making streak this financial year too, as it plans to increase frequencies on select international routes soon.
The gap between the average fares of a full-service airline and a low-cost carrier for metro routes narrowed by a third in January, thanks to leading players cutting their fares quite dramatically to grab the market share.
While nine -- Delhi, Bangalore Hyderabad, Kolkata, Chennai, Pune, Nagpur, Ahmedabad and Amritsar -- will need a second airport, Mumbai, where a second airport is already coming up, will need a third, the study says.
The passenger numbers have grown at a little over 20 per cent in the past few months.
Paramount Airways claims to have a break even, as other Indian carriers are facing losses.
Air Cargo Express, with its dedicated fleet of ATRs, is also supposed to start operations this year. Reliance Retail is also considering starting a cargo airline for its supply chain.
It has aircraft utilisation target of 16 hours as against the current 13 hours.
It and Vistara both book slots here; former also likely to launch Mumbai flights from early 2015.
Finance Minister P Chidambaram has supported Civil Aviation Minister Ajit Singh's suggestion on doing away with a rule that bars Indian carriers from flying abroad unless they complete five years of service and own a 20-aircraft fleet.
The civil aviation ministry received 20 applications and it granted NOCs to sixteen companies between 2009 till now
The Civil Aviation Ministry is looking to increase air seat entitlement to Dubai by 20%.
Aviation consultancy CAPA on Thursday said allowing domestic airlines to take advance bookings from April 15 is "unfair" to consumers since a decision on lifting the nationwide lockdown is yet to be taken. During the lockdown period only special flights approved by aviation regulator Directorate General of Civil Aviation, medical evacuation flights and those carrying cargo, including medical equipment, to and from different parts of the country are operational.
The $100 billion Tata group conglomerate is a major beneficiary of the decision to open up aviation in India.
Prime Minister Narendra Modi and French President Emmanuel Macron have called for enhancing trade and investment ties between their countries and committed to further deepening their engagement in the Indo-Pacific. They discussed a full spectrum of bilateral relations, including key global and regional issues, and stressed the urgent need for reform in the United Nations Security Council. The leaders also underscored their commitment to ensuring the global AI sector can drive positive social, economic, and environmental outcomes.
The domestic airlines industry is estimated to have posted losses to the tune of over Rs 10,000 crore (Rs 100 billion) in the previous fiscal, nearly 18 per cent down from a year ago.
India's second largest budget carrier SpiceJet, which reported a record Rs 1,003 crore (Rs 10.03 billion) net loss last fiscal, may soon receive the much-needed capital infusion as talks with an overseas investor have reached "very advanced stages".
Sources in the know confirmed Vistara, the joint venture between Tata Sons and Singapore Airlines, had booked six slots at the airport in New Delhi, adding it was ready to fly once it secured the government's nod.
A look at the Kalanithi Maran-controlled airline's place in the domestic aviation sector
AirAsia's rival airlines in India have kept themselves super-busy in the past few months -- by moving court against the former's launch, adding flights on the routes where AirAsia is operating, and engaging in a price war.
Jet already has $300 mn of ECB.
Following the entry of Tata-SIA and AirAsia into the Indian aviation market, the domestic aviation industry is seeing increased interest from private entities.
However, Federation of Indian Airlines will continue to function and its other members are not pulling the plug yet, industry sources said.
Airline now financially more stable but still in the doldrums as the operating environment remains tough.
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