Low-cost carriers to remain profitable says Aviation report
Indian airlines are expected to report combined losses to the tune of USD 250-300 million as against an estimated profit of USD 122 billion in the previous financial year, according
India’s 2016 domestic passenger traffic up more than 23%: IATA
India’s domestic passenger traffic grew by 23.3 per cent last year, a global airlines’ association said on Thursday. “The domestic India market topped the growth chart for the second year
310 million flyers in India by 2018-19 says Report
With India’s civil aviation industry showing resilience lately, the number of air passengers in the country is likely to touch 310 million by the financial year 2018-19, says a report
Economic Survey points out three threats to India’s progress
the Economic Survey 2017, which was presented in Parliament today, has listed three challenges that might impede India’s progress—ambivalence about property rights and the private sector; deficiencies in the state
Rise in fuel costs, slide in rupee to hit Indian airlines: report
Aviation in India will be impacted by the rise in fuel costs in the first quarter of 2017. The slide in the value of the rupee will also impact the
Indian aviation ramps up tech investment to meet rapid pax growth
Airlines and airports in India are expected to rapidly ramp up their spend on new technology over the next three years to keep up with surging growth which will see
In 2,000-Crore Revamp of Delhi’s Pragati Maidan, Iconic Buildings to be razed: 10 Points
The Cabinet has okayed the setting up of what the government is calling a “world-class Integrated Exhibition-cum-Convention Centre” at Delhi’s famous Pragati Maidan. For several years, architects and art organisations
Business travel likely to triple to $93 billion by 2030 says Report
In 2015 India ranks as the 10th largest business travel market in the world spending a total of $29.6 billion. With business travel rapidly evolving, India is poised to lead
Tourism demand remains strong despite challenges says UNWTO
Demand for international tourism remained robust in 2016 despite challenges. International tourist arrivals grew by 3.9 per cent to reach a total of 1,235 million, according to the latest UNWTO
India’s domestic air passenger traffic doubled in past six years
DGCA says strong economic growth and emergence of low-fare airlines, such as SpiceJet, IndiGo and GoAir, contributed to surge in domestic air traffic! India’s domestic air passenger traffic has almost