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Tag: indian aviation industry

Combat Aircraft TEJAS, Dhruv Helicopter To Perform In Dubai Air Show

The official said that an Indian Air Force (IAF) contingent has landed at the Al Maktoum International Airport in Dubai for participation...

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India to Become Aircraft Manufacturing Hub?

India recently became the manufacturing centre for C295 tactical transport aircraft to be manufactured by the Tata-Airbus consortium for the Indian Air Force (IAF)....

Indian Airlines Boosts Domestic Services From 22,980 to 25,309 Weekly Flights

Indian airlines have increased their domestic services by 10.1 percent to 25,309 weekly flights in the 2018 summer schedule, up from 22,980 the previous season, according to the aviation regulator DGCA. IndiGo has expanded its domestic flight capacity by 10.4% […]

Union Budget 2022-23: Civil Aviation Ministry Gets Rs 10,667 Crore, E-Passport to Be Released This Year

The Union Budget 2022-23 has allocated Rs 10,667 crore for the civil aviation ministry, a considerable increase from last year. In 2021-22, the government allocated Rs 3,224 crore for the civil aviation ministry. But several factors contributed to higher expenses […]

Indian Aviation Industry on the Path of Recovery: Economic Survey 2021-22

According to the latest Economic Survey, the Indian aviation industry has started recovering from the pandemic impact. The increased rollout of the COVID-19 vaccine and the easing of travel restrictions worldwide are cited as the reasons for the betterment of […]

Aviation Turbine Fuel Price Hiked by 8.5% to All-Time High

In another hit to the Indian aviation industry, the Government of India has hiked the price of Aviation Turbine Fuel (ATF) by 8.5% effective from today. Indian Oil Corporation (IOC) has also announced a price increase in the ATF following […]

Stocks of SpiceJet and IndiGo Hit New Low Amid Crude Oil Price Rise

Amid the rising crude oil prices, the shares of aviation companies hit a new low. IndiGo’s shares went down 7% to Rs 1,838.75. SpiceJet shares had hit a 52-week low at Rs 57.70, down 5%. The oil price reached $90 […]

Aviation Ministry Focuses on UDAN Scheme in Republic Day Tableau

For Republic Day 2022, the Ministry of Civil Aviation showcased the growth of the Indian aviation industry as the tableau. The key focus was India’s regional connectivity scheme UDAN and the rich dividends it has been earning for the country. […]

Indian Aviation Industry Is ‘Chronically Ill’, Says IndiGo CEO

IndiGo’s Chief Executive Officer Ronojoy Dutta calls the Indian airline industry ‘chronically ill’ and requests the central Government to implement some life-saving reliefs quickly. The COVID-19 pandemic crippled India’s domestic airlines. They witness a drop in passenger numbers and suffer […]

Indian Aviation Industry Expects Resolutions for Its Ongoing Crises in Union Budget 2022-23

After two years of the pandemic, India’s domestic air travel showed signs of recovery from November 2021. The recovery was soon cut short by the Omicron variant of the COVID-19 virus. Post pandemic, the government planned to reinstate regular international […]

Airlines May Witness a Huge Setback in December Quarter: Report

The aviation analysts assume that the Indian airlines will report losses in the December quarter. Factors such as high crude oil cost and decreasing air passenger traffic due to Omicron can contribute heavily to their losses. A report recently published […]

More Than 100 Passengers Tested COVID-19 Positive on Milan-Amritsar Flight

A total of 125 passengers on a chartered Milan-Amritsar flight tested positive for COVID-19. According to health officials, they will be held in isolation. According to Airport Director V K Seth, the charter flight, which landed at the Amritsar airport […]

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