BUSINESS
Govt forms expert panel to align air safety with global standards
The Delhi High Court has tasked the panel with addressing concerns over flight safety by May.
BUSINESS
AERA calls for stakeholders consultation next week on Mumbai Airport UDF hike
A stakeholder’s consultation meeting is scheduled on April 2, while the last dates for submitting comments and counter-comments are April 10 and April 13, respectively. After taking feedback, the regulator will announce the new tariffs, likely by the end of April.
BUSINESS
Domestic carriers to operate more flights in summer but fares unlikely to fall
The summer schedule starts on March 31 and runs till October 26. With passenger traffic rising faster than flight additions, fares are unlikely to fall
BUSINESS
Running Late: India's first hydrogen train likely to be launched by June following tech snags
Modifications to the hydrogen train, which is expected to run on the heritage Kalka-Shimla route, will take around two-three months along with testing, following which the train will be launched for commercial use.
BUSINESS
Hell at Heathrow: Airport meltdown hits 37 flights from India, thousands stranded
While the London airport expects to function at `100 percent’ capacity from tomorrow, it may take up to a week for airlines to accommodate all the passengers.
BUSINESS
1,350 flights affected after West London fire causes massive blackout and shuts operations at Heathrow Airport
Eurocontrol, which handles air traffic control operations across Europe, stated on it's website that no flights were allowed to arrive at Heathrow airport and that diversion plans were in place for all incoming flights.
BUSINESS
Indian Railways to miss asset monetisation target by over Rs 1.23 lakh crore
A slew of factors such as lack of interest from the private sector, absence of an independent regulator and stringent regulations have weighed on the Railways' asset monetisation efforts.
BUSINESS
Navi Mumbai airport to begin operations with 30 weekly flights after June launch
A bigger shift is expected from November when airlines will plan which of their flights will move from CSMIA to Navi Mumbai while drafting their winter schedule that will run from the end of October to March 2026
BUSINESS
L&T to spend Rs 3,600 crore to set up 3 new data centres in India
The data centes are being developed in Bengaluru, Panvel and Mahape, L&T Cloudfiniti CEO Seema Ambastha has said. L&T already operates data centres in Mumbai and Chennai, with a combined capacity of 32 MW
BUSINESS
Govt planning roadshows in May to sell stake in former Air India arms
The government plans to invite EoIs from bidders interested in these firms by August to ensure that the divestment is completed by the end of 2025.
BUSINESS
Holi makes a splash on travel, with bookings 25% up from last year
In order to ensure that domestic travel demand does not see a massive dip post Holi after the highs seen in February 2025, airlines are also offering discounts to customers to keep travel sentiment high for the remainder of 2024-25.
BUSINESS
Brussels Airport urge Air India, IndiGo to start of direct flights to Belgium
Belgium and Spain are among India’s largest underserved markets. In 2024, around 150,000 passengers flew between India and Belgium using indirect routes
BUSINESS
India and China likely to start direct flights from May
The first flights will be be to and from Lhasa to facilitate Kailash Mansarovar Yatra. Later in the year, flights from India to Beijing, Shanghai and other Chinese cities are likely to be restarted
BUSINESS
NHAI looking to work with financial institutions, banks to operate barrier-free toll plazas
The Dwarka Expressway and Delhi -Chandigarh stretch of National Highway 44 will be the first two highways where the new tolling systems are proposed to be implemented.
TRENDS
Travel demand remains high in the final phase of Maha Kumbh as airfare doubles
Among the top originating cities for travel to Prayagraj, New Delhi accounted for 30 percent of total bookings, followed by Mumbai at 25 percent and Bengaluru at 15 percent.
BUSINESS
SpiceJet Q3 results: Airline swings to black with Rs 25 crore net profit
The revenue for both Q2FY25 and Q3FY25 came in at Rs 852.8 crore and Rs 1,140.66 crore, respectively, lower from Rs 1,425.29 crore seen in Q2FY24 and Rs 1,756.6 crore in Q3FY24
BUSINESS
Newer segments driving growth at MakeMyTrip, foray into activities and experiences soon, says Rajesh Magow
The contribution of corporate segment (myBiz and Quest2Travel) has risen to high single-digit to the company's revenue of $267.4 million for Q3FY25, signaling a momentum of a strong growth trajectory. Alternate accommodations segment contribute 10 percent to the total accommodation volume on our platform.
BUSINESS
Hyderabad airport to launch new flights to Phuket, Hong Kong, Addis Ababa, Amsterdam, Riyadh
Hyderabad Airport experienced a substantial rise in international passenger traffic in FY24, despatching 4.2 million passengers compared to 3.92 million in FY20.
BUSINESS
Government may enlist private carriers to bring back illegal migrants from US
The government has asked Air India, United Airlines and American Airlines about the availability of flights in the next two months to fly back around 350 Indian citizens who have been served with a final removal order by ICE.
BUSINESS
Airfares from Delhi airport may rise as GMR seeks higher charges
AERA held a stakeholder consultation on February 17 to discuss tariff revisions with representatives from GMR Airports, IATA and domestic airlines.
TRAVEL
Relief short lived, Maha Kumbh airfares soar again as demand spikes
Recent data showed that the average price of a one-way ticket to Prayagraj from Mumbai, New Delhi and Kolkata stood around Rs 17,400, Rs 14,860, Rs 14,340, respectively, for tickets booked seven days in advance.
BUSINESS
How confusion, overcrowding led to the New Delhi railway station stampede: MC Explains
Passengers at the station on February 15 flagged a range of lapses, including the absence of trained medical help and improper communication from railway staff. Experts believe the tragedy could have been averted had the railway authorities anticipated the surge in passengers based on the unusually high number of ticket sales during peak hours.
BUSINESS
FlyDubai eyes domestic airline venture through Go First acquisition
Busy Bee Airways is already in talks to acquire Go First’s trademarks and flying licence for around Rs 1,000 crore. EaseMyTrip had also shown interest in reviving GoFirst earlier.
BUSINESS
Indian airlines aim to cross 50% international market share mark in 2025
IndiGo has internally set a target to cross 15 million international ticket sales in 2025, Air India is eyeing 20 million international passengers in 2025, senior executives from both airlines told Moneycontrol.
