Aviation Sector

Saturday, Apr 20, 2024 | Last Update : 06:34 AM IST

Pre-Covid level normalcy to return next year: Civil Aviation Minister Hardeep Puri

In the midst of the COVID-19 second wave, the aviation sector is hit very badly and the passenger load factors have hit a recorded low

04 Jun 2021 1:08 PM

Air India to send certain employees on leave without pay for up to five years. (PTI Photo)

Air India to send staff on leave without pay for upto five years

Air India to send employees on LWP for six months or for a period of two years extendable upto five years

16 Jul 2020 10:02 AM

IndiGo has been aggressively expanding its operations and has started 11 overseas routes in the last one year.

'Golden age' for Indian aviation sector; fundamentals strong: IndiGo chief

The traffic grew just 1.18 per cent in September, as per the latest available official data.

18 Nov 2019 10:05 AM

Budget 2019: Govt contemplating higher FDI in aviation, media, says Sitharaman

Global FDI flow slipped by 13 per cent in 2018 to USD 1.3 trillion, from 1.5 in the previous year.

05 Jul 2019 12:06 PM

The government unsuccessfully sought a buyer for money-losing state-owned carrier Air India Ltd.

Civil aviation minister says confident airline capacity problems will be solved

The airline and its lenders have been searching for new investors, while employee unions have been calling for government intervention.

15 Jun 2019 9:53 AM

Air cargo volumes have recorded declines as unresolved disputes and the imposition of trade tariffs led to a marked slowdown in international trade flows. (Photo: ANI)

Moderate growth in air passenger markets, but further decline in cargo demand: AAPA

AAPA showed continued growth in international air passenger markets supported by ongoing expansion in the global services sectors.

27 May 2019 1:06 PM

Insurance rates for airline covers have hardened and this saw aviation insurance premiums written by domestic insurers touch the highest in more than 10 years in FY19 and growing 34 per cent over the previous year. (Photo: PTI | Representational)

Aviation premium up 33 per cent in FY19

In FY19, total aviation premium written by domestic insurers stood at Rs 544 crore.

18 May 2019 2:19 AM

Centre, state should have a common platform for expanding aviation sector: Prabhu

UDAN would never have taken off and would have still been grounded had there been no state participation.

28 Feb 2019 4:14 PM

Domestic air traffic is forecast to rise by 14 to 16 per cent in financial year 2020, CAPA India said.

Indian airline sector to shrink losses by two-thirds next year: CAPA India

Indian carriers to lose a collective USD 550 million to USD 700 million for financial year 2020.

12 Feb 2019 12:53 PM

Brent crude, the oil prices international benchmark, fell 6.92 per cent to USD 62.17 a barrel.

Aviation, oil marketing cos rise on lower global crude oil prices

Shares of aviation and oil marketing companies surged up to 6 per cent on Wednesday.

21 Nov 2018 6:04 PM

The exchange rate has already taken a toll on major carriers Jet Airways, IndiGo and SpiceJet.

Airlines bleed as big chunk of payments made in dollars

Rupee woes spread across sectors; govt-RBI in combat mode.

11 Sep 2018 8:34 AM

The percentage of female pilots in India is twice as high as in most Western countries. (Photo: YouTube)

India soars above global average in hiring female airline pilots

India has the highest proportion of female commercial pilots in the world at 12 per cent.

10 Sep 2018 9:58 AM

India’s biggest full-service airline, Jet Airways Ltd, posted its second consecutive quarterly loss on Monday, and said it would inject funds and cut costs in excess of 20 billion rupees in two years as it seeks to turnaround the business.

Jet Airways posts first-quarter loss; draws up strategy to cut costs

InterGlobe Aviation Ltd, operator of the country’s leading carrier IndiGo, reported a 97 per cent plunge in profit last month.

28 Aug 2018 10:53 AM

The government plans to come out with a "special policy" for use of biofuel in the aviation sector, Union minister Nitin Gadkari said on Monday.

Govt plans policy for biofuel use in aviation sector

He was speaking at a function to mark India's first test flight partially powered by biofuel that landed here from Dehradun.

27 Aug 2018 4:30 PM

Suresh Prabhu asks Airbus to make planes in India

Airbus will be delivering one plane on an average per week to airlines in India over the next 10 years.

02 Jun 2018 3:35 PM

'Today around 450 airplanes, including both government and private, are operational in the country. Within last one year, order for 900 new airplanes has been placed,' Modi said.

BJP govt boosted Indian aviation, 900 airplanes ordered in last 1 yr: Modi

Modi accused former governments of stalling infrastructure projects and said his govt started development projects worth Rs 10 L Cr.

18 Feb 2018 8:12 PM

India has the world's fastest growing passenger airline industry, expanding at an annual rate of around 20 per cent. (Photo: File)

India allows 49 per cent foreign investment in state-run airline

Air India has slowly lost market share to new low-cost private players in one of world's fastest-growing airline markets.

10 Jan 2018 4:28 PM

Airports infrastructure sector is increasingly getting constrained by the strong growth in traffic since FY14. (Photo: DC)

Airports need Rs 2.4 trillion investment in 10 years to meet demand

The country invested around Rs 52,000 crore over the last decade at various airports.

10 Oct 2017 12:45 PM

Lower state taxes on ATF, make fuel part of GST: SpiceJet chief

Cut in state taxes on ATF and bringing it within GST to make Indian aviation sector fastest growing in the world.

06 Oct 2017 2:52 PM

Almost 85 per cent of these new planes in India are likely to be single-aisle with low-cost carriers operating more than 60 per cent of all flights.

India will need 2,100 planes in next 20 years: Boeing

India's share will account for more than 5.1 per cent of the total global demand of 41,030 aircraft.

31 Jul 2017 7:37 PM

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Shobhaa De

aviation sector