IndiGo appoints Mark Sutch for CarGo International as CCO
Mar 09, 2023, at 09:12 pm
Mumbai: IndiGo has appointed Mark Sutch as its new Chief Commercial Officer – CarGo International, according to a media statement.
Mar 02, 2023, at 05:43 am
Mumbai/IBNS: Akasa Air has said it will be expanding its fleet with aircraft purchases in the three digits by the end of the year, media reports said.
SpiceJet Q3FY23: Net profit soars 161% y-o-y to Rs 110 cr
Feb 25, 2023, at 07:01 am
Mumbai: SpiceJet Ltd Friday reported a significant increase in its consolidated net profit for the quarter ended December 2022, with a 161% rise to Rs 110 crore.
IndiGo promoters may offload shares worth $ 350 million
Feb 16, 2023, at 06:28 pm
Mumbai: Promoters of InterGlobe Aviation Ltd, the parent company of IndiGo, will put on sale shares worth $350 million through a block deal on Thursday, media reports said.
NCLT allows Jet Airways ownership transfer to Jalan Kalrock Consortium: Report
Jan 14, 2023, at 03:27 am
New Delhi: The National Company Law Tribunal (NCLT) has given nod to transfer the ownership of grounded Jet Airways to the Jalan Kalrock Consortium (JKC), which had won the bid to revive the carrier in 2021, media reported.
Civil Aviation Ministry notifies op guidelines for drone PLI scheme
Dec 03, 2022, at 05:16 am
New Delhi: The Civil Aviation Ministry Friday notified the operational guidelines for the Production Linked Incentive (PLI) scheme for drones and drone components.
On transformation path, Air India eyes 3x rise in international market share
Oct 20, 2022, at 12:44 am
Air India has launched its revival plan 'Vihaan.AI' as the loss-making airline aims to own 30 percent of both the domestic and international markets, its MD and CEO Campbell Wilson has said, according to media reports.
Tata Group, Singapore Airlines in talks to merge Air India and Vistara
Oct 13, 2022, at 11:16 pm
Singapore Airlines Ltd and Tata Group are in confidential discussions over a likely deal that may involve the integration of Vistara and Air India, Reuters reported.
Air India to expand fleet ahead of holiday season: Report
Aug 24, 2022, at 05:00 am
Mumbai: Tata Group-owned Air India is on an expansion spree as it plans to induct several aircraft into the airline along with Air India Express by 2023, according to media reports.
Omicron to push air traffic recovery into fiscal 2024: CRISIL
Jan 14, 2022, at 12:31 am
Mumbai/UNI: The Omicron-led third wave of the pandemic could pose fresh turbulence to air traffic, pushing full recovery into fiscal 2024, ratings agency CRISIL said on Thursday.
EL AL Israel Airlines and Etihad Airways announce to deepen ties after signing MoU
Nov 19, 2020, at 09:16 pm
Abu Dhabi/Tel Aviv: EL AL Israel Airlines, the national airline of Israel, and Etihad Airways, the national airline of the United Arab Emirates, are set to explore deeper cooperation following the signing of a virtual Memorandum of Understanding (MOU).
Sep 09, 2020, at 04:55 pm
Kolkata/IBNS: The Indian aviation industry saw a recovery in domestic passenger traffic in August 2020, with a sequential growth (over July 2020) of 25 per cent to 26 lakh passengers, said ICRA in a recent release.
Air cargo industry must grow 12.9% annually to achieve national aviation policy target: Study
Oct 22, 2018, at 04:25 pm
New Delhi, Oct 22 (IBNS): The Indian cargo industry needs to grow at a rate of about 12.9 per cent every year from 2018 to 2027 to achieve National Civil Aviation Policy (NCAP 2016) vision of reaching cargo volumes of 10 million tonnes (MT) by 2027, noted a recent ASSOCHAM-Auctus Advisors joint study.