Once termed as the queen of the skies, the first of the last four of Air India’s Boeing 747 flew out of Mumbai’s international airport on Monday for the final time. The pilots flying the aircraft performed a “Wing Wave” — an aviation tradition reserved for retiring or concluding flights. Also read:Investment boom in Indian … Read more
Heavy rains in Dubai have forced Air India Express to reduce its flights to the city by 50 per cent. The airline says it is following instructions from Dubai Airport Authority and is working to get back to its normal schedule of 84 weekly flights as soon as possible. Also read:6 per cent rise in … Read more
Investors, including scheduled banks, are winging their way to the aviation sector in a show of confidence in its growth prospects. According to the Reserve Bank of India, 40 scheduled banks have cumulatively doubled their lending to the aviation sector in January at ₹45,076 crore, as against ₹23,407 crore three years ago. Investments from other … Read more
Air travelers in India can expect to shell out 5-30 per cent more for flights this summer as airlines grapple with capacity cuts amidst rising travel demand and operational woes. Industry experts predict a rise in airfare prices on popular routes. “With the busy season starting we could see upward pressure on Airfares due to … Read more
India has “incredibly affordable” airfares and the country’s aviation market has the kind of growth potential where Akasa Air as well as other carriers can do well, according to the nearly two-year-old airline’s chief Vinay Dube. Also read: Akasa Air has plenty of pilots, will not cancel flights: CEO Dube As Akasa Air prepares to … Read more
Adani Group will invest ₹60,000 crore over the next ten years to develop its airports into aviation hubs and commercial attractions for city residents. Also read: Adani pulls out all stops to make Dharavi slum rehabilitation smooth At present, the group operates seven airports in the country and has one under construction in Navi Mumbai. … Read more
Akasa Air is seeing consistent growth in its cargo business and its freight loads are higher than peers, the airline’s Co-Founder & Chief Commercial Officer, Praveen Iyer said on Friday. “Cargo is one of the core sources of revenue for Akasa Air and we have witnessed a consistent uptick in the volume of our cargo delivery. … Read more
Air India has partnered with Thales for boosting its inflight entertainment. The Tata-owned airline was facing a lot of slack because of its inflight entertainment being below average. Thales’ AVANT Up inflight entertainment system will be used on Air India’s fleet of 40 Boeing 777s and 787s. Also read:Air India Express’ ancillary revenue goes up … Read more
SpiceJet’s recent job cuts triggered a ripple effect in the Indian aviation industry, bringing to fore the challenges faced by airlines, as also the potential for innovation and growth. Also read:Flight delays due to fog, go up in 2023 Expressing concern over the broader implications of the lay-offs, Diya Malani, Co-founder and CEO of ARTEEZ … Read more
Taj SATS, IHCL’s flight kitchen, is eyeing a ₹1,000 crore revenue in the next fiscal (FY25), amid growing number of airports. According to Puneet Chhatwal, Managing Director and Chief Executive Officer of The Indian Hotels Company Limited (IHCL), Taj SATS, the airline’s catering arm, is projecting a revenue milestone of ₹1,000 crore in the upcoming … Read more