News for 'passenger capacity'

Akasa Air targets IPO in 2-4 years, maintains 30-40% growth despite challenges

Akasa Air targets IPO in 2-4 years, maintains 30-40% growth despite challenges

Rediff.com6 days ago

Akasa Air, despite facing headwinds from the West Asia conflict and rising aviation turbine fuel prices, expects to maintain a 30-40 per cent growth trajectory over the next five years and aims for an initial public offering (IPO) within two to four years, according to CFO Ankur Goel.

International flights to start from Navi Mumbai airport from July 15

International flights to start from Navi Mumbai airport from July 15

Rediff.com18 Jun 2026

The Adani Group-owned Navi Mumbai International Airport is slated to commence international passenger and freighter operations from July 15. This marks a significant expansion for the airport, which began domestic services last December. Air India Express and IndiGo are expected to operate international flights, with customs readiness reviews already completed. The airport anticipates a substantial increase in daily passenger footfall and air traffic movements by the year-end.

JSW Motors to roll out 15 new-energy vehicles in India by 2027, targeting premium segment

JSW Motors to roll out 15 new-energy vehicles in India by 2027, targeting premium segment

Rediff.com12 Jun 2026

JSW Motors, part of the JSW group, is set to enter India's passenger vehicle market with plans to launch 15 new-energy vehicles (NEVs) over the next four years, with deliveries commencing from December 2026.

Maruti Suzuki's mini-car sales jump 147% in April-May as production eases

Maruti Suzuki's mini-car sales jump 147% in April-May as production eases

Rediff.com2 Jun 2026

Maruti Suzuki India reported a significant 147 per cent year-on-year increase in mini-car sales (Alto and S-Presso) during April-May 2026, reaching 32,341 units, driven by eased production constraints and a surge in demand for CNG vehicles amidst rising fuel prices.

Mumbai's BEST bus services remain below normal despite strike recall

Mumbai's BEST bus services remain below normal despite strike recall

Rediff.com22 Jun 2026

Despite BEST employees calling off their indefinite strike, Mumbai's bus services remained significantly below normal on Monday morning, with only 57% of the scheduled fleet operational. Commuters experienced long waits, leading many to seek alternative transport. The strike ended after an agreement with Deputy CM Eknath Shinde, which included interim pay hikes and commitments for future improvements and clearing dues.

Despite Q4 Loss, Analysts See Strong Future for IndiGo

Despite Q4 Loss, Analysts See Strong Future for IndiGo

Rediff.com2 Jun 2026

Despite reporting a weaker-than-expected net loss of Rs 2,536 crore for Q4FY26, largely due to a significant non-cash forex loss, analysts remain optimistic about IndiGo's long-term prospects, citing strong demand trends, a favourable pricing outlook, and strategic cost-control measures.

West Asia crisis fuels EV boom, Tatas ramp up output by 50%

West Asia crisis fuels EV boom, Tatas ramp up output by 50%

Rediff.com29 May 2026

"There is a sharp jump that we have seen in bookings of EVs... The jump, at least in our case, in just two months, it is about 2 to 2.5 times of what it used to be"

Despite global risks, top Indian carmakers bullish on FY27 domestic demand

Despite global risks, top Indian carmakers bullish on FY27 domestic demand

Rediff.com18 May 2026

India's leading passenger vehicle manufacturers are significantly increasing investments and factory capacities, alongside planning major product launches for FY27, driven by strong confidence in sustained domestic demand growth despite global geopolitical tensions and supply chain risks.

Noida International Airport Gears Up for Grand Opening

Noida International Airport Gears Up for Grand Opening

Rediff.com26 Mar 2026

Noida International Airport is set for its grand opening as roads are fixed and infrastructure preparations near completion. Here's what's ready and what to expect from the launch.

2026 Tata Tiago Review: Nobody expected this feature in a CNG car

2026 Tata Tiago Review: Nobody expected this feature in a CNG car

Rediff.com19 Jun 2026

With features usually seen in more expensive cars and segment-first paddle shifters, the Tiago offers excellent value for money, says Rajesh Alva/Rediff.com.

Adani Group achieves record $16.1 billion capex, $10 billion EBITDA in FY26

Adani Group achieves record $16.1 billion capex, $10 billion EBITDA in FY26

Rediff.com2 Jun 2026

Adani group companies reported a record capital expenditure of Rs 1.53 lakh crore (USD 16.1 billion) and an all-time high EBITDA of Rs 94,834 crore (USD 10 billion) in the 2025-26 fiscal year, signalling an accelerating infrastructure expansion cycle while maintaining leverage below its stated target.

Air India, IndiGo cut flights amid surge in fuel costs, lower demand

Air India, IndiGo cut flights amid surge in fuel costs, lower demand

Rediff.com27 May 2026

Air India, IndiGo, and Air India Express are temporarily reducing their domestic flights due to surging jet fuel prices and lower travel demand. The airlines are cutting flights by 10 to 22 per cent in the coming months.

IndiGo's Q4 Loss Hits Rs 2,537 Crore Due to Rupee Depreciation, Operational Headwinds

IndiGo's Q4 Loss Hits Rs 2,537 Crore Due to Rupee Depreciation, Operational Headwinds

Rediff.com29 May 2026

IndiGo, India's largest airline, reported a net loss of Rs 2,536.9 crore in the March quarter of fiscal year 2025-26, primarily attributed to a significant foreign exchange loss of approximately Rs 8,100 crore, the impact of December flight disruptions, and expenses related to new labour laws.

Carmakers seek govt help to trace old vehicles for recycling

Carmakers seek govt help to trace old vehicles for recycling

Rediff.com17 Jun 2026

Automobile manufacturers have informed NITI Aayog that they face significant challenges in tracing 20-25-year-old vehicles due to multiple ownership changes, hindering their ability to meet Extended Producer Responsibility (EPR) targets for end-of-life vehicles (ELVs). They are seeking government support, including access to updated Vahan registration records, to locate these vehicles and encourage owners to use authorised scrapping centres.

Air India cuts nearly 1000 domestic flights

Air India cuts nearly 1000 domestic flights

Rediff.com27 May 2026

Air India has temporarily reduced its domestic flights by 22 per cent due to the impact of high fuel prices, following a previous reduction in international flights. The airline is offering re-accommodation, date changes, or refunds to affected passengers.

AI171 crash: Life is 'far more difficult' for lone survivor

AI171 crash: Life is 'far more difficult' for lone survivor

Rediff.com12 Jun 2026

Viswashkumar Ramesh, the lone survivor of Flight 171 which crashed a year ago in Ahmedabad, has spoken out about his ongoing struggles with 'sleep, anxiety and difficult memories,' highlighting the profound and lasting impact of the disaster.

India urges states, UTs to step up Ebola surveillance after WHO alert

India urges states, UTs to step up Ebola surveillance after WHO alert

Rediff.com22 May 2026

The Union Health Ministry has directed states and Union territories to enhance surveillance, hospital preparedness, and screening of international travellers after the WHO declared the Ebola outbreak in the Democratic Republic of Congo and Uganda a public health emergency of international concern.

Why Are Helmet Prices Rising Across India?

Why Are Helmet Prices Rising Across India?

Rediff.com10 Jun 2026

The start of the West Asia conflict has led to a sharp increase in crude-linked raw material prices, pushing up the price of helmets across the country.

Sri Lanka airport lease near China-controlled Hambantota port opens door for India

Sri Lanka airport lease near China-controlled Hambantota port opens door for India

Rediff.com17 May 2026

India is closely monitoring Sri Lanka's decision to offer foreign investors control of an airport near the China-controlled Hambantota port, as it could present a rare opening for Indian firms seeking strategic footholds in the Indian Ocean.

Summer Travel Costs Soar For Indians

Summer Travel Costs Soar For Indians

Rediff.com6 May 2026

Airfares to Southeast Asia have surged 25 to 30 per cent, driven by high demand and limited airline seat capacity.

Gulf War: Indian Airlines Face Rs 2,500 Cr Losses

Gulf War: Indian Airlines Face Rs 2,500 Cr Losses

Rediff.com14 Apr 2026

The broader conflict in West Asia, the largest international market for Indian carriers, has forced a sharp reduction in daily flights relative to the summer schedule.

'Beginning of a new chapter': Modi inaugurates Noida airport in Jewar

'Beginning of a new chapter': Modi inaugurates Noida airport in Jewar

Rediff.com28 Mar 2026

Prime Minister Narendra Modi inaugurated the first phase of the Noida International Airport in Jewar, Uttar Pradesh, highlighting its role as a multi-modal transport hub and its potential to significantly boost cargo and passenger handling capacity.

Maruti Suzuki shares gain on strong domestic outlook despite margin concerns

Maruti Suzuki shares gain on strong domestic outlook despite margin concerns

Rediff.com8 May 2026

Maruti Suzuki India's shares gained over 2.5 per cent after a strong March-quarter performance, with analysts maintaining a positive medium-term outlook driven by buoyant domestic market volumes, capacity expansion, and export growth, despite anticipated near-term margin pressures from higher commodity prices and startup costs.

India Yet To Plug EV Gap In Race With Asian Peers

India Yet To Plug EV Gap In Race With Asian Peers

Rediff.com24 Apr 2026

India's EV ecosystem is growing, but remains too underdeveloped to cushion a major oil supply shock.

Hantavirus poses no immediate threat to India, says virologist

Hantavirus poses no immediate threat to India, says virologist

Rediff.com8 May 2026

An expert from the ICMR's National Institute of Virology addresses concerns about hantavirus cases detected on a cruise ship, stating there is no immediate public health threat to India and that the cases appear isolated.

Coolcations Drive Summer Travel Surge

Coolcations Drive Summer Travel Surge

Rediff.com13 May 2026

As temperatures soar, booking queries have surged by double digits -- going up to 125 per cent -- for destinations like Kashmir, Shillong, Gangtok, Munnar, Leh, Rishikesh, Guwahati, Imphal, Kodaikanal and the Andamans.

Indian Aviation Sector Grapples with Aircraft Supply Chain Bottleneck

Indian Aviation Sector Grapples with Aircraft Supply Chain Bottleneck

Rediff.com29 Mar 2026

Civil Aviation Minister K Ram Mohan Naidu highlights challenges in aircraft procurement due to global supply chain disruptions, impacting India's aviation sector growth and expansion plans.

'2026 Could Be Warmest Year Ever Recorded'

'2026 Could Be Warmest Year Ever Recorded'

Rediff.com25 May 2026

'We should expect extreme heat, extreme rains, floods, landslides and maybe cyclones. Not just this year, in the coming year as well.'

Two- and Three-wheeler EV Startups Petition PM For PLI Scheme Inclusion

Two- and Three-wheeler EV Startups Petition PM For PLI Scheme Inclusion

Rediff.com25 May 2026

India's home-grown EV startups say the government's auto PLI scheme is helping big players while shutting out innovators building electric two- and three-wheelers from scratch.

Driver Arrested in Thane Van Crash That Killed 11; Authorities Warn Against Unauthorised Travel

Driver Arrested in Thane Van Crash That Killed 11; Authorities Warn Against Unauthorised Travel

Rediff.com14 Apr 2026

Police in Thane have arrested the driver of a cement mixer truck involved in a collision with an overcrowded van, resulting in 11 fatalities. Authorities are urging the public to avoid travelling in unauthorised vehicles.

Tesla Stalls in India as BYD, VinFast Race Ahead

Tesla Stalls in India as BYD, VinFast Race Ahead

Rediff.com10 Apr 2026

Despite India's electric passenger vehicle market experiencing an 83.6% year-on-year surge in FY26, new foreign entrants VinFast and BYD have significantly outpaced Tesla, which struggles with high import duties, a limited retail footprint, and a lack of local manufacturing commitment.

Tamil Nadu Elections: Jobs Promise Drives Voter Sentiment In Panapakkam

Tamil Nadu Elections: Jobs Promise Drives Voter Sentiment In Panapakkam

Rediff.com28 Apr 2026

As industrial plants boost the village's profile, locals demand priority hiring, alongside better storage facilities and water security.

IndiGo stock may face more downgrades due to Middle East crisis

IndiGo stock may face more downgrades due to Middle East crisis

Rediff.com12 Mar 2026

IndiGo operator InterGlobe Aviation had a mildly encouraging third quarter in financial year 2026 (Q3FY26).

India Auto Sales Rise: Maruti Suzuki, Tata Motors, Mahindra & Hyundai Report Growth

India Auto Sales Rise: Maruti Suzuki, Tata Motors, Mahindra & Hyundai Report Growth

Rediff.com1 Mar 2026

Leading automakers in India, including Maruti Suzuki, Tata Motors, Mahindra & Mahindra, and Hyundai, reported increased vehicle dispatches to dealers in February, driven by sustained domestic demand.

India Auto Sales Rise: Maruti Suzuki, Tata Motors, Mahindra & Hyundai Report Growth

India Auto Sales Rise: Maruti Suzuki, Tata Motors, Mahindra & Hyundai Report Growth

Rediff.com1 Mar 2026

Leading automakers in India, including Maruti Suzuki, Tata Motors, Mahindra & Mahindra, and Hyundai, reported increased vehicle dispatches to dealers in February, driven by sustained domestic demand.

Mumbai Metro network expands with launch of two new lines

Mumbai Metro network expands with launch of two new lines

Rediff.com7 Apr 2026

Mumbai's metro network has expanded with the inauguration of the first phases of Metro Line 9 and Line 2B, promising improved connectivity and reduced travel times for commuters.

China Eastern launches Shanghai-Delhi flight with 95% capacity

China Eastern launches Shanghai-Delhi flight with 95% capacity

Rediff.com9 Nov 2025

China Eastern Airlines has resumed its Shanghai-Delhi service after a five-year gap, marking the first mainland Chinese carrier to restore direct flights to India this year. The resumption follows the resolution of border tensions and aims to boost trade, economic, and cultural exchanges between the two countries.

Nissan Gravite: 3-row car for small car price

Nissan Gravite: 3-row car for small car price

Rediff.com20 Feb 2026

Despite its sub-4m footprint, the Gravite offers impressive cabin space, three usable rows, and practical storage solutions making it ideal for budget-conscious families, says Somnath Chatterjee.

CCI Orders Probe into IndiGo

CCI Orders Probe into IndiGo

Rediff.com5 Feb 2026

The Competition Commission of India, following its preliminary inquiry, said the airline appeared to have caused an appreciable adverse effect on competition by restricting its services.

Jaguar Land Rover to start production of premium cars at Tamil Nadu unit

Jaguar Land Rover to start production of premium cars at Tamil Nadu unit

Rediff.com18 Feb 2026

Jaguar Land Rover will begin assembling premium cars at its new Tamil Nadu plant on February 9, marking a step towards full-scale luxury car manufacturing in India.