BUSINESS
Flight cancellations on the rise, bookings fall as foreign embassies urge travellers to not book tickets before getting visas
The call from the diplomatic mission to not book tickets beforehand while applying to a visa has caused a fall in bookings of international flights and a rise in flight cancellations by travelers in the last week.
BUSINESS
Air India plans to increase international flights to Dubai and Qatar as part of winter schedule
Air India is seeking to take advantage of an expected increase in passenger traffic due to the FIFA World Cup tournament that will take place in November-December in Doha.
BUSINESS
Aspiring transgender pilots will not have to undergo what I have faced: Adam Harry
Adam Harry, a transgender person from Kerala, is getting closer to his dream of becoming a pilot, but has a long way to go.
BUSINESS
MC Explains | Are bird hits to planes dangerous and what is DGCA doing about it?
India's aviation regulator DGCA has asked airport operators to implement a habitat management programme to reduce the number of hazardous wildlife, perform risk assessment procedures and record bird activity around airports.
BUSINESS
Rail Board is not keen to fully restore all concession for senior citizens: Sources
The debate on restoring concessions for elderly citizens has been on for nearly a year now, after rail passenger volumes reached pre-COVID levels. Senior citizens across India have also been protesting demanding the restoration of concessions in railway fares.
BUSINESS
MC Explains: How Chinese military drills around Taiwan will disrupt global shipping
International cargo traffic in Taiwan Strait has been hit and ships are looking at alternate routes. Many shipping lines were cutting short scheduled loadings for importers across Asia.
BUSINESS
Air India CEO Campbell Wilson to meet employees to discuss eviction from former staff housing this week
Wilson is expected to meet the representatives of Air India's unions in order to expedite the process of clearing out former colonies of the airline, multiple people aware of the development said.
BUSINESS
Travel sector sees demand surge ahead of extended holidays in August
Hotel rates and airfares are on the rise with a series of public holidays in the middle of this month, especially for last-minute travellers.
BUSINESS
Cheaper jet fuel, offers galore: Is this the start of domestic airfares flying down?
According to market experts and industry participants, ticket prices in India are most likely not going to fall due to high fuel costs, the depreciating rupee, and the struggling balance sheet of airlines.
BUSINESS
Looking for acquisition opportunities in the rail space, says Gateway Distriparks CMD Prem Kishan Gupta
He added that his company will look to spend around Rs 200-250 crore as capital expenditure in the next 12-18 months in its railway operations.
BUSINESS
While competition is increasing, there is no irrational behaviour in the industry: IndiGo CEO Ronojoy Dutta
Dutta added that Air India and Vistara are focused on the international market and he expects any capacity expansion by the Tata Group, which operates these airlines, to be focused on that.
BUSINESS
The Best and Worst Airlines for Flight Cancellations in India
Between January and June, Alliance Air canceled 1.74 percent of its flights every month while SpiceJet scrubbed 0.86 percent of its scheduled flights, data shows.
BUSINESS
NHAI looks at retail investors to meet asset monetisation target in 2022-23
The roads authority is looking to offer around 25 projects worth Rs 45,000 crore under the InvIT model. NHAI InvITs constitute a platform to monetise roads over the next three to five years
BUSINESS
Adani Group’s $70-billion push may help India become net exporter of clean energy: Gautam Adani
Adani says at AGM his group working on making green hydrogen the “fuel for future”
BUSINESS
Crashing rupee makes holidays costlier, travellers look beyond US and Europe
Destinations such as Japan, Thailand, the Maldives and Mauritius have become more attractive to Indian travellers as the rupee has strengthened against their currencies.
BUSINESS
NHSRC officials say Mumbai-Ahmedabad High-Speed Rail project likely to be completed by 2028
The first phase of the project is expected to be launched in 2026. The high-speed rail project is being constructed with 80 percent loan from Japan at 0.1 percent interest and a 15-year moratorium.
BUSINESS
Drone industry may soon see more incentives as government works on PLI hike
The PLI scheme was launched in 2021 with an incentive of Rs 120 crore spread over three financial years. The turnover is expected to nearly double every year for the next five years, so, the industry wants a higher PLI quantum
BUSINESS
Rolling stock cos say deadline extension of Vande Bharat trains to help industry consolidate and plan investments
Industry participants said that no domestic company has the capability to individually bid for and execute the Rs 26,000-crore order within the stated timeline for delivery of 82 months.
BUSINESS
UPS starts new airport gateway facility in Bengaluru
This is the American package and document delivery company’s second dedicated airport gateway facility in India after opening its Delhi airport gateway in 2020.
BUSINESS
JetSetGo to import four more planes through GIFT city in 2022-23
The company imported its Hawker 800 XP aircraft from Dubai and leased it through GIFT City on July 16 and is the second aircraft it has leased from it.
BUSINESS
MC Explains | How do full-body scanners at Delhi and Mumbai airport work?
The new body scanner will be a safer alternative for passengers as it doesn’t use X-rays or ionising radiation, say officials. There will be no need for physical frisking or passengers having to take off clothing so the scanners will speed up security checks, they note.
BUSINESS
Indian Railways working to stock up on coal to ensure no monsoon shortages
The national transporter is on track to meeting its 50 million tonne target for July, but there may be some disruption in August as coal production and transportation is expected to slow down because of heavy rains,.
BUSINESS
Schengen visa issues saw Indian travellers turn to SE Asia, West Asia in April-June
However, with the end of the summer vacation cycle in India, and more international routes opening up post-COVID restrictions, demand is expected to taper back and spread out across other countries.
BUSINESS
As COVID-19 disruptions ease, airlines in India face turbulence from protesting employees
Staff at IndiGo, GoFirst, Air India and SpiceJet have, in the past, expressed discontent by not reporting for work, or taking mass leaves, which disrupted the operations of these airlines.
