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Flight cancellations on the rise, bookings fall as foreign embassies urge travellers to not book tickets before getting visas

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.

Air India plans to increase international flights to Dubai and Qatar as part of winter schedule

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.

Aspiring transgender pilots will not have to undergo what I have faced: Adam Harry

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.

MC Explains | Are bird hits to planes dangerous and what is DGCA doing about it?

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.

Rail Board is not keen to fully restore all concession for senior citizens: Sources

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.

MC Explains: How Chinese military drills around Taiwan will disrupt global shipping

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.

Air India CEO Campbell Wilson to meet employees to discuss eviction from former staff housing this week

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.

Travel sector sees demand surge ahead of extended holidays in August

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.

Cheaper jet fuel, offers galore: Is this the start of domestic airfares flying down?

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.

Looking for acquisition opportunities in the rail space, says Gateway Distriparks CMD Prem Kishan Gupta

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.

While competition is increasing, there is no irrational behaviour in the industry: IndiGo CEO Ronojoy Dutta

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.

The Best and Worst Airlines for Flight Cancellations in India

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.

NHAI looks at retail investors to meet asset monetisation target in 2022-23

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

Adani Group’s $70-billion push may help India become net exporter of clean energy: Gautam Adani 

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”

Crashing rupee makes holidays costlier, travellers look beyond US and Europe

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.

NHSRC officials say Mumbai-Ahmedabad High-Speed Rail project likely to be completed by 2028

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.

Drone industry may soon see more incentives as government works on PLI hike

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

Rolling stock cos say deadline extension of Vande Bharat trains to help industry consolidate and plan investments

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.

UPS starts new airport gateway facility in Bengaluru

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.

JetSetGo to import four more planes through GIFT city in 2022-23

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.

MC Explains | How do full-body scanners at Delhi and Mumbai airport work?

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.

Indian Railways working to stock up on coal to ensure no monsoon shortages

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,.

Schengen visa issues saw Indian travellers turn to SE Asia, West Asia in April-June

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.

As COVID-19 disruptions ease, airlines in India face turbulence from protesting employees

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.

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