The Noida International Airport (NIA), being developed as a greenfield aviation hub in Jewar, Gautam Buddh Nagar, is on track to begin operations by the end of this year.
Mumbaikars woke up to very heavy rainfall on Monday, while the India meteorological department (IMD) issued a 'red' alert, forecasting extremely heavy rains at isolated places in the city and adjoining areas, prompting the civic body to declare a holiday for schools and colleges, officials said.
'This festival season, advance airfares for major metros are up 20 to 25 per cent from last year.'
The pattern of domestic airlines receiving bomb threats to their flights continued for the fourth day as two international flights, one each of Vistara and IndiGo, were targeted in the similar manner on Thursday.
IndiGo has delivered impressive operating performance in the past six quarters as it navigated cost and capacity challenges. It has managed to mitigate the impact of faulty engine-related groundings. The airline has also managed costs related to grounding, expensive secondary leasing, increasing airport charges, and pilot compensation inflation and delivered stronger yields and spreads.
In a post on X in the morning, IndiGo said there was heavy downpour over Delhi, causing some temporary disruption to flight schedules.
An IndiGo flight carrying 187 passengers and six crew members made an emergency landing at Raipur airport on Thursday morning after a bomb threat was received. The aircraft, which had taken off from Nagpur for Kolkata, was diverted to Raipur after airport authorities received the threat. The plane landed at the airport in Chhattisgarh capital Raipur after 9 am and was immediately taken to the isolation bay for mandatory security checks. The aircraft is being thoroughly checked by the technical staff and bomb squad.
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.
The DGCA has asked airlines to inspect the fuel switch locking system in their Boeing 787 and 737 planes after a preliminary probe report into the Air India crash found that the switches were cut off before the accident.
The paint sector is seeing heightened competition with the entry of deep-pocketed groups like Aditya Birla and JSW. However, some brokerages see an opportunity in select stocks.
'We were told that we would be taken care of when we reached Delhi. But we did not find a single Kashmiri government official who could guide us.'
The Tatas have collectively increased their aggregate airlines seat capacity across domestic and international markets by an impressive 20 per cent, going from 64.03 million in calendar year (CY) 2023 to 76.72 million in the current CY, according to data shared by the group that controls Air India in which Vistara has been merged recently. The Tatas also run Air India Express in which Air Asia India has been merged.
'A last-second aborted landing at Mumbai airport left us speechless.'
IndiGo will introduce business class seats in select flights on 12 domestic routes starting from November 14 and also launch a customer loyalty programme, as the 18-year-old airline seeks to expand business and strengthen global presence. The announcements, made at an event in the national capital on Monday to mark 18 years of operations, also highlights a pivotal trajectory for the airline.
Air India will be commencing its scheduled operations -- two daily flights from the national capital -- to Dhaka on Wednesday.
Passengers of an IndiGo flight from Mumbai to Doha waited inside the aircraft for more than four hours as the flight was delayed due to a technical issue on Sunday.
So far this week, more than 90 flights have received bomb threats and most of them have turned out to be hoaxes.
Akasa Air's standalone net loss rose 18.7 per cent year-on-year (Y-o-Y) to roughly Rs 1,983 crore in 2024-25 (FY25), driven by rising employee costs, aircraft maintenance and airport charges, and a sharp increase in foreign exchange (forex) expenses, sources privy to the development told Business Standard.
Cooking oil is often discarded after being used for frying at home or in restaurants. However, a refinery of IndianOil has now won a certification to use the same oil to produce sustainable aviation fuel (SAF), the company chairman Arvinder Singh Sahney said.
The Boeing 787-8 aircraft -- VT-ANB -- was 11.5 years old and had flown for more than 41,000 hours, according to aviation analytics firm Cirium.
This is the second such incident involving an IndiGo flight in the past week. On May 28, an IndiGo Varanasi flight from Delhi had received an alleged bomb threat.
'In the inspections, no issues were found with the said locking mechanism.'
Indian carriers are grappling with severe operational disruptions after Iran launched missile strikes on the US military base in Qatar late Monday. This led to airspace closures for long hours in parts of West Asia. Iran, Qatar, the UAE, Bahrain, and Kuwait shut down their skies following the attack, forcing airlines to cancel, divert, or delay flights through these vital corridors.
The Mumbai police have registered a case against an unidentified person after three airlines received bomb threats on their X handle, an official said on Tuesday.
SpiceJet on Sunday said a senior Army officer, who was to board a flight to Delhi, assaulted four airline ground staffers at the Srinagar airport on July 26, and one of them suffered a spinal fracture.
Corporate India is embarking on an ambitious investment drive, with capital expenditure (capex) expected to double to $850 billion over the next five years, according to a report by S&P Global Ratings. Indian power & transmission, airlines, and green hydrogen sectors would spearhead the spending, the report said.
On Wednesday, Surat airport remained operational for an extra one hour waiting for the landing of an Air India Express flight that took off more than an hour late from the national capital.
More than 300 flights have been cancelled and at least 25 airports, including Srinagar, have been temporarily shut for operations amid restrictions in the wake of the armed forces launching missile attacks on terror targets in Pakistan on Wednesday morning.
IndiGo share price today: IndiGo share price fell as much as 4.8 per cent to a low of Rs 4,275 per share on the BSE in Monday's intraday trade as investors booked profit in the stock post a its April-June quarter (Q1) results for financial year 2024-25 (FY25). The stock ended 1.36 per cent lower at Rs 4,430 as against a 23-points gain in the benchmark BSE Sensex. The selling also got exacerbated as the management commentary, post Q1FY25 results, highlighted that inflationary pressure could likely dent July-September (Q2FY25) performance.
Executives from India's leading airlines are conducting internal meetings to devise alternative routes for their international flights that currently pass through Pakistani airspace.
Civilian flight operations from the 32 airports across northern and western India, including Srinagar and Amritsar, were suspended from May 9 to May 15.
Long-term macro trends indicate growth in demand for air travel. Trends from the ticketing website MakeMyTrip indicate a likely annual growth of between 11-17 per cent in Indian air travel demand over FY24-30. Through that period, InterGlobe Aviation or IndiGo may continue to make gains in market share in both domestic and international travel, aided by large fleet additions. IndiGo is the largest global customer of Airbus by far with 950 aircraft orders outstanding.
The officials said the passengers on board the aircraft were evacuated through emergency exits.
The operations of many global carriers, including Qatar Airways, have also been impacted due to the airspace curbs in the wake of the Middle East tensions.
Air India and Air India Express on Tuesday progressively resumed their services to the Middle East, with flights to Dubai and Muscat, respectively, as countries in the region reopened their airspaces.
Aviation regulator DGCA plans to implement measures to control excessive air ticket price increases, following concerns raised during a parliamentary panel meeting. The meeting also addressed air safety issues in light of the Ahmedabad plane crash.
Aviation watchdog Directorate General of Civil Aviation has revised its operational guidelines for operators during adverse weather conditions, emphasising that safety should take precedence over 'schedule adherence' and encouraged pilots to divert flights in unpredictable conditions.
An IndiGo aircraft grazed the wings of an Air India Express plane at the Kolkata airport on Wednesday, leaving the wings of both aircraft damaged, officials said.
The international cargo operations of two major carriers - IndiGo and Air India Group (Air India and Vistara) - are experiencing opposite trajectories despite both the airlines significantly expanding their international flight offerings over the past year. During the fourth quarter of 2023-24, IndiGo's international non-passenger cargo business declined to 6,848 tonnes. This is an 18.2 per cent year-on-year (Y-o-Y) decrease, according to data from the Directorate General of Civil Aviation (DGCA)
Indian airlines are likely to face additional weekly expenses of Rs 77 crore for international flights operated from north Indian cities as the airspace curbs result in increased fuel consumption and longer flight duration. An analysis of the number of overseas flights and back-of-the-envelope calculations based on increased flight time as well as approximate expenses by PTI showed that the additional monthly operational costs could be over Rs 306 crore.
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