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  • Airlines set to benefit by leasing aircraft from companies based in IFSC Jul 01, 2022 07:14 PM IST

    Airlines set to benefit by leasing aircraft from companies based in IFSC

    IFSC-based lessors are now at par with lessors in most competitive foreign jurisdictions in terms of withholding tax on lease rentals paid by Indian operators.

  • Jet Airways likely to sign deal for new planes in next couple of weeks: Sources Jun 28, 2022 05:58 PM IST

    Jet Airways likely to sign deal for new planes in next couple of weeks: Sources

    At the moment Jet Airways has not made a final decision on the type of aircraft it wants to procure and the contract is mostly going to depend on the manufacturer’s ability to deliver planes in a timely manner.

  • DGCA stops operations at 2 flying training schools due to safety concerns Jun 25, 2022 09:08 PM IST

    DGCA stops operations at 2 flying training schools due to safety concerns

    "The flying operations at this school (the second case) has been stopped for three weeks. It will be allowed to operate only when things are in order," the regulator noted.

  • Declare VT, British Raj call sign in Indian planes, as against sovereignty: BJP member to HC Jun 23, 2022 11:18 AM IST

    Declare VT, British Raj call sign in Indian planes, as against sovereignty: BJP member to HC

    The petitioner says that India is not a British territory and retaining the call sign prefix "VT" which denotes "Victorian and Viceroy territory" even after 75 years of freedom goes against the sovereignty and integrity of India.

  • Domestic air traffic jumps 11% sequentially in May to 1.2 crore: DGCA Jun 22, 2022 03:55 PM IST

    Domestic air traffic jumps 11% sequentially in May to 1.2 crore: DGCA

    The numbers indicate that the air traffic has inched closer to the pre-pandemic level, as the domestic airlines had cumulatively ferried a total of 1.22 crore passengers in May 2019.

  • India's travel and tourism to post annual growth rate of over 10 percent in 2019-28, says IBEF report Jun 21, 2022 05:31 PM IST

    India's travel and tourism to post annual growth rate of over 10 percent in 2019-28, says IBEF report

    The pandemic dented travel and tourism globally, causing the industry a loss of almost $4.5 trillion. Domestic visitor spending decreased by 45 percent, while international visitor spending declined by 69.4 percent compared to 2019,  according to an estimate by the World Travel & Tourism Council.

  • Nigeria blocking repatriation of $450 million in foreign airline revenue, IATA says Jun 20, 2022 03:24 PM IST

    Nigeria blocking repatriation of $450 million in foreign airline revenue, IATA says

    According to an executive at the world's largest airline association, Nigeria is withholding $450 million in revenue generated by international carriers operating in the country.

  • Government to start discussions this week on removing airfare price caps Jun 20, 2022 03:09 PM IST

    Government to start discussions this week on removing airfare price caps

    The lower end of the fare band was put in place to help airlines that had been struggling financially due to travel restrictions. The upper limit was imposed so that passengers are not charged huge amounts when demand for seats is high.

  • SpiceJet shares tumble 7%; IndiGo tanks over 5% Jun 16, 2022 07:47 PM IST

    SpiceJet shares tumble 7%; IndiGo tanks over 5%

    After ATF prices were raised to a record high on Thursday, shares of SpiceJet and InterGlobe Aviation were heavily sold. SpiceJet's stock dropped 7.05 percent to Rs 40.90 per share on the BSE.

  • Qatar Airways posts record $1.5 billion profits ahead of World Cup Jun 16, 2022 07:15 PM IST

    Qatar Airways posts record $1.5 billion profits ahead of World Cup

    Qatar Airways announced on thursday that its profits for the previous fiscal year topped $1.5 billion, the state-owned carrier is preparing for a record surge in travellers for the upcoming FIFA World Cup soccer games.

  • Air India decides to procure Airbus A350 aircraft; first plane's delivery likely by March 2023 Jun 15, 2022 10:57 PM IST

    Air India decides to procure Airbus A350 aircraft; first plane's delivery likely by March 2023

    According to sources, Air India, which is owned by the Tata Group, has opted to order its first batch of Airbus A350 wide-body aircraft, with the first plane expected to arrive in March 2023.

  • Indigo investigating incident of sloganeering by Youth Congress workers on its flight Jun 14, 2022 06:58 PM IST

    Indigo investigating incident of sloganeering by Youth Congress workers on its flight

    According to sources, IndiGo has initiated an investigation into a Monday incident on its Kannur-Trivandrum flight, in which two Youth Congress workers allegedly chanted slogans against Kerala Chief Minister Pinarayi Vijayan.

  • Tata Group may invest $75-100 mn in Air India Express in next 5 years to expand international operations Jun 13, 2022 05:22 PM IST

    Tata Group may invest $75-100 mn in Air India Express in next 5 years to expand international operations

    Will invest $15-20 mn annually for next 5 years; investment to be mostly for adding aircraft.

  • Actor says IndiGo staff used 'threatening tone' with her. How airline responded Jun 10, 2022 07:53 AM IST

    Actor says IndiGo staff used 'threatening tone' with her. How airline responded

    In a tweet on June 9, 'Mohenjo Daro' actor Pooja Hegde said she was extremely saddened by the rude behaviour of an IndiGo staffer named Vipul Nakashe on her flight out of Mumbai.

  • Airlines blast EU plan to expand emissions rule for flights Jun 09, 2022 11:30 PM IST

    Airlines blast EU plan to expand emissions rule for flights

    On Thursday, an industry group representing the majority of major airlines slammed the European Union's Parliament for attempting to expand the union's emissions trading scheme to include all flights departing the bloc.

  • Bengaluru airport introduces robots for enhanced passenger experience Jun 07, 2022 07:48 PM IST

    Bengaluru airport introduces robots for enhanced passenger experience

  • Foreign fliers on Indian airlines in May outnumber pre-Covid levels: ICRA Jun 07, 2022 01:53 PM IST

    Foreign fliers on Indian airlines in May outnumber pre-Covid levels: ICRA

    Indian airlines carried 24 percent more international passengers in May 2022 when compared to May 2019, ICRA said in its report.

  • Sri Lankan crisis hands Indian airlines an opportunity on a platter, will they grab it? Jun 07, 2022 11:05 AM IST

    Sri Lankan crisis hands Indian airlines an opportunity on a platter, will they grab it?

    SriLankan Airlines, which the government is reportedly seeking to sell as it battles the country’s worst economic crisis, presents Indian carriers an opportunity to fly to Seychelles, Mauritius and other Indian Ocean island destinations beyond Male in the Maldives.

  • IndiGo’s answer to Akasa Air’s ‘Baby’s Day Out’ tweet Jun 03, 2022 09:58 AM IST

    IndiGo’s answer to Akasa Air’s ‘Baby’s Day Out’ tweet

    Rakesh Jhunjhunwala-backed Akasa Air is planning to begin operating in the July-September quarter.

  • Air India offers cash incentive, reduces eligibility age to encourage staff to voluntarily retire Jun 01, 2022 09:54 PM IST

    Air India offers cash incentive, reduces eligibility age to encourage staff to voluntarily retire

    Air India decreased the eligibility age from 55 to 40 and announced a monetary incentive on Wednesday, ostensibly to encourage a significant number of its staff to voluntarily retire.

  • Singapore Airlines plans to increase flights to India May 30, 2022 04:10 PM IST

    Singapore Airlines plans to increase flights to India

    On Monday, a senior Singapore Airlines executive said the carrier expects to announce more flights to India in the coming months.

  • Tonnes of aviation jobs up for grabs as Singapore races to recruit May 28, 2022 11:09 AM IST

    Tonnes of aviation jobs up for grabs as Singapore races to recruit

    Singapore, which has flung open its borders again, is hosting a two-day job fair through May 28 targeting everyone from graduates to mid-career professionals and former aviation workers who quit during the Covid crisis.

  • Why buy IndiGo despite the sharp rally May 27, 2022 11:44 AM IST

    Why buy IndiGo despite the sharp rally

    Strong demand from both domestic and international travellers can take the company to higher altitude despite rising fuel costs.

  • Etihad CEO Says India Sales Higher, Optimistic on China Rebound May 25, 2022 08:45 AM IST

    Etihad CEO Says India Sales Higher, Optimistic on China Rebound

    Etihad Airways said bookings for its India flights are edging higher as the south Asian nation loosens coronavirus curbs, adding to a surge in demand led by the Gulf carrier’s destinations in Europe and North America.

  • At least 140 flights delayed till now due to thunderstorm in Delhi May 23, 2022 09:17 AM IST

    At least 140 flights delayed till now due to thunderstorm in Delhi

    "Around four international flights and 16 domestic flights have been delayed for multiple hours, but till now no flight has been diverted or canceled and things are improving now," an official aware of the development told Moneycontrol.

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