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.
Delhi International Airport Ltd (DIAL) is taking baby steps towards becoming an international airline hub.
The passengers were stopped by the crew members for consuming alcohol and they apologised in writing for the incident.
Extending the Juhu runway is expected to free 10 to 15 per cent of Mumbai airport's current capacity, which is more than 700 air traffic movements per day. The airport handled 25.8 million passengers last fiscal and traffic is growing at 25 per cent a year.
Hotel companies, which have experienced substantial share price gains in the past six months, are not only expected to post robust revenue growth in the seasonally weak July-September quarter (second quarter, or Q2) of 2023-24 (FY24), with the trend continuing in the second half (H2) of FY24, but according to some analysts, they will also benefit from a structural uptrend in progress. To begin with, larger players in the listed hotel sector are expected to report strong growth in Q2 compared to the year-ago quarter. Led by higher demand from the business segment, the sector is expected to achieve a growth rate of 15-30 per cent.
Two pilots on board a Cheetah helicopter of the Army were killed when it crashed near Mandala in West Kameng district of Arunachal Pradesh on Thursday morning, a defence spokesperson said.
'For god's sake, portray the armed forces in the correct manner,' asserts IAF veteran Air Commodore Nitin Sathe after watching Tejas.
The country's largest airline IndiGo and Air India have asked passengers to reach Delhi airport at least 3.5 hours prior to domestic departures.
Roma Gupta, 63, and her daughter Reeva Gupta, 33, were on board the small plane on Sunday as its pilot reported smoke in the cockpit before crashing near Long Island homes, NBC New York reported.
Airport employees on Monday threatened to disrupt air services nationwide if the government proceeded with the privatisation process for modernisation of Delhi and Mumbai airports
A suspected Chinese spy balloon, said to be the size of three buses, was spotted over the United States' airspace, the Pentagon has said, a development that has further strained the already tense bilateral ties as Secretary of State Antony Blinken on Friday abruptly postponed his key visit to Beijing.
A video on Twitter showed one of the plane's engines on fire and sparks flying at the time of taxiing at the airport.
A SpiceJet spokesperson said that after take-off from Jeddah, ATC informed the pilots that tyre pieces were found on the runway.
The passenger traffic carried by scheduled domestic airlines in the past five years has grown at an increasing rate annually -- from 5.4 per cent in 1999-2000 to 11.7 in 2003-04, according to official figures.
'This kind of a last minute order creates immense problems for airlines.'
Social media influencer Sapna Gill's allegation that Indian cricketer Prithvi Shaw had molested her at a pub in suburban Andheri in Mumbai is "false and unfounded", the police told a court.
As many as 108 flights cancelled and another 51 diverted to nearby airports.
DGCA's move seeks to ban perfumes for pilots as they have alcohol and can affect the results of breathanalyser tests. But the FAA and EASA have different standards, says senior journalist Shobha John.
The planes had come on the same runway during take-off from the airport. The DGCA has asked UAE's General Civil Aviation Authority (GCAA) to share its investigation report on this incident.
Indigo remains the leader with market share of 27.8 per cent.
Even though a marginal increase was witnessed in passenger traffic last month, official figures released showed that the passengers carried by all airlines in the first five months of 2009 fell to 173.34 lakh (17.334 million) against 194.11 lakh (19.411 million) in the same period last year, thus registering a negative growth of 10.7 per cent.
The Nepal government signed a $215.96 million soft loan agreement with China in March 2016 for the construction of the airport in this tourist hub.
A United States fighter jet Friday shot down an object, the size of a small car, flying with payloads at a height of about 40,000 feet off the northern coast of Alaska on the direction of President Joe Biden, officials said.
Air, rail and road traffic was severely affected in New Delhi on Monday as dense fog reduced the visibility to almost zero. According to senior officials of the Indian Metrological Department, the disruption is likely to continue for a few more days. There is little hope of the weather improving and it is likely to hit traffic in Delhi and neighbouring states of Uttar Pradesh, Haryana and Punjab, officials said.
The growth in the domestic and international cargo traffic is also estimated to reach 4.5 per cent and 12 per cent over next 10 years.
Bengaluru-headquartered HAL plans to produce more than 1,000 helicopters in the range of 3-15 tonne with a total business of more than Rs 4 lakh crore over a period of 20 years at this facility in Gubbi taluk, officials said.
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Domestic capacity across the eight global markets climbed 6.5 per cent while the seat factor grew by 0.8 percentage points to 83.6 per cent during this period, IATA said.
This incident happened on December 6 on Air India flight 142 and the pilot of the aircraft reported the matter to the Air Traffic Control (ATC) at the Indira Gandhi International (IGI) Airport about it, following which the male passenger was apprehended. It was not known which class the passengers were travelling.
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.
In the international sector also, India has seen major expansion by carriers.
India's Civil Aviation Minister Praful Patel has said that he expects the country's newly regulated airline sector to boom 20 per cent annually over the next five years on the back of surging investment and traffic.
The defence ministry billed the 615-acre factory as India's largest helicopter-manufacturing facility and it has been planned as a one-stop solution for the country's chopper requirements.
Helicopter Pilot Wing Commander Deepika Misra rescued 47 people in an operation that lasted 8 days in flood-ravaged Madhya Pradesh.
Wadia Group-owned Go First Airways' (Go First) insolvency plea could trigger a 'momentum rally' in shares of rival airlines, Interglobe Aviation (parent company of IndiGo) and SpiceJet, as they look to gain bankrupt airline's market share, said analysts. On the bourses, shares of InterGlobe Aviation hit a 52-week high of Rs 2,235.95, surging 8 per cent on the BSE in Wednesday's intra-day trade, before settling 4.5 per cent higher at Rs 2,164 apiece. Those of SpiceJet and Jet Airways, meanwhile, rallied up to 6 per cent in the intra-day trade, and ended 1 per cent and 5 per cent higher, respectively, following the development, which was announced post market hours on Tuesday.
A passenger on a New York-New Delhi American Airlines flight allegedly urinated on a fellow male passenger in a drunken state, sources said on Sunday.
The Directorate General of Civil Aviation (DGCA) has released a draft procedure that calls for testing pilots, other aviation personnel and crew members for psychoactive substances before they take to the skies. The Indian civil aviation regulator has sought comments from stakeholders over the next 30 days before issuing a regulation to this effect. Asking airlines and airports to do random checks on crew and air traffic controllers, DGCA proposed that violators be suspended for a minimum of three years or their licence be permanently cancelled as maximum punishment.
The flight was diverted to the Jamnagar airport following a bomb threat and made a safe emergency landing there at 9.49 pm on Monday, officials had said.
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