-
The National Designated Authority (NDA) will help India access international climate finance and carbon markets. It is likely to also help position India better as it has proposed to host the United Nations climate summit (COP 33) in 2028.
-
Akasa CFO Ankur Goel said along with being cost-effective, the airline aims to be the safest in the world and has adopted international best practices.
-
GMR Airports' standalone net debt at the listed company level, excluding the airport subsidiaries, was at approximately Rs 5,700 crore at the end of FY25
-
The FAA status page showed all destinations being impacted by the ground stop of Alaska's mainline aircraft
-
Israel-Iran tensions have sent crude soaring, hitting a number of linked sectors. The bigger worry is at the macro level. Does a falling market present a buying opportunity?
-
Airlines are racking up costs and losing market share from cancelled flights and expensive re-routings, often at short notice.
-
Developed with an investment of Rs 200 crore, the facility spans 8 acres and is among the largest on-airport logistics parks in South India.
-
Amid worsening trade war with the US, China has asked its airlines not to take deliveries of Boeing planes. Boeing was to deliver 28 Max jets and one 787 to Chinese airlines this year
-
The growth in the number of air passengers shows a post-pandemic surge and the need for an infrastructure overhaul to cater to the expected new demand
-
DIAL plans to enhance connectivity with the Asia Pacific region, specifically targeting Australia and New Zealand. Jaipuriar added that DIAL has signed a memorandum of understanding (MoU) with Auckland Airport to bolster bilateral ties. He added that the airport is waiting for the availability of the right kind of aircraft to improve connectivity to the region.
-
A seismic shift could be brewing in the aviation industry, as a new contender takes bold steps forward. With changing dynamics and evolving challenges for established players, the stage is set for a potential shake-up. Here's a closer look at what's taking flight
-
IGI Airport's T2 will be shut for repairs from April 15, as the terminal's apron needs to be strengthened. T2 is likely to reopen in the second half of 2025 after repairs.
-
India has not only addressed the needs of its own aviation sector but has also set an example for other nations to follow
-
The recarpeting will impact daily flight operations slightly, reducing the number of flights handled from 140 to 132 per day.
-
Finance Minister Nirmala Sitharaman in her budget speech on February 1 did not mention the total outlay for the Civil Aviation Ministry, but said the new UDAN scheme will benefit 4 crore additional passengers in the next 10 years.
-
Dubai International Airport (DXB) welcomed 92 million passengers in 2024, marking a 6% increase and solidifying its position as the world’s busiest airport for 10th year.
-
While government measures in the past 10 years have seen more Indians flying and the country becoming the third-largest aviation market in the world, infrastructure woes continue to haunt the sector.
-
The exceptional gain seen during the quarter was due to GMR Airports International BV a subsidiary of GMR Airports receiving the first tranche of payment from Aboitiz Infra Capital Inc to acquire shares in Aboitiz GMR-Megawide Cebu Airport Corp, the company that operates Mactan Cebu International Airport in Philippines.
-
Rise in international demand, the launch of business class, and other factors to provide tailwinds
-
Despite the lower borrowing seen in 2024 and the liquidation of two airlines in 2024, most bankers Moneycontrol spoke to were confident in the growth of the aviation industry, especially the growth of the country's two largest airlines, IndiGo and Air India.
-
Air India's cabin crew celebrated the airline's arrival in New York (JFK) and Newark (EWR) by recreating iconic NYC movie moments at popular landmarks.
-
Aircraft supplies are likely to taper off by 15-25 percent in 2025 as Boeing may deliver 20-30 fewer planes to Indian airlines next year
-
Apart from Houston and Atlanta, the codeshare connecting flights will be available for Miami and Los Angeles through Istanbul from December 18.
-
Chairman and managing director shares with Moneycontrol in an exclusive interview that the troubled airline’s turnaround plan is making steady progress with support from stakeholders and customers
-
MoCA was earlier considering a plan proposed by DIAL to complete Terminal-1 interior restoration by January 2025 and the work on the external side by March 2025. However, following the construction ban in the NCR, the decision to delay construction till April 2025 was taken.
