July 22, 2024 16:06 (IST)
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Supreme Court stays Yogi govt's Kanwar Yatra diktat given to eateries | 'They tried to silence me': PM Modi slams Opposition on day 1 of Parliament's Budget session | 'Serious problem in our examination system': Rahul Gandhi slams Dharmendra Pradhan over NEET in Lok Sabha | NEET row: Education Minister Dharmendra Pradhan says, 'No evidence of paper leak in past 7 years' | Budget will set tone and trajectory for next 5 years: PM Modi as Parliament's Monsoon Session begins today

SpiceJet to raise Rs 2,250 cr via equity to push growth and improve financial position

Mumbai: SpiceJet's board on Tuesday approved the raising of fresh capital exceeding Rs 2,250 crore, ET reported.

517 routes commenced under Udan Scheme, connecting 76 airports, including 9 heliports & 2 water aerodrome

New Delhi: Regional Connectivity Scheme (RCS)-UDAN has enhanced regional air connectivity by connecting previously unserved and underserved airports in remote areas of the country.

Airline sector expected to earn net profit of $25.7 billion in 2024

The airline sector is expected to achieve a net profit of $25.7 billion in 2024, reflecting a return to more typical growth in both passenger and cargo segments, the International Air Transport Association (IATA) on Wednesday said.

Income Tax Commissioner confirms tax demand of Rs 1,666 cr on IndiGo

New Delhi: The Commissioner of Income Tax-Appeals has affirmed a tax demand of nearly Rs 1,666 crore on Interglobe Aviation, the parent company of IndiGo airlines, as disclosed in a notice to stock exchanges on Wednesday, Moneycontrol reported.

Indian airline companies increasingly leaning towards local suppliers for non-critical aircraft components: Report

New Delhi: In the wake of disruptions in flight operations caused by a shortage of spare parts amid global supply chain difficulties, Indian aviation companies are increasingly seeking non-critical aircraft components from domestic suppliers, Mint reported citing industry sources.

Air India poised to restore entire 'long grounded' fleet since Tata Group took reins

Mumbai: Air India is set to restore its entire "long-grounded" fleet, which has been out of operation since the Tata Group took over two years ago.

Hyderabad International Airport embarks on phase-wise expansion

Hyderabad: In order to cater to the rising demand in passenger traffic and augment the passenger handling capacity, GMR Hyderabad International Airport (GHIA) has embarked on a phase-wise expansion.

InterGlobe Aviation posts Rs 189 crore profit in Q2

New Delhi: InterGlobe Aviation, the company that operates IndiGo Airlines, on Friday reported a Rs 188.9 crore consolidated net profit for the September quarter (Q2) of the current financial year 2023-24 as against a net loss of Rs 1,583.3 crore in the same period a year ago.

Air India sets up integrated mega engineering warehouse in Delhi

New Delhi/IBNS: Air India, the Tata-owned global airline, has commissioned a mega warehouse facility in Delhi to facilitate storage of over 1,000,000 engineering spares that are integral to maintenance, checks and repairs of its aircraft and ground support equipment.

CCI approves Air India-Vistara merger

New Delhi: India’s anti-trust watchdog the Competition Commission of India (CCI) has approved the merger of Tata Group airlines Vistara and Air India, making Air India the largest international carrier in India and the second biggest domestic carrier after IndiGo.

Troubled airline Go First faces fresh challenge as more employees resign

Mumbai: Grounded airline Go First is witnessing a high rate of attrition amid its attempts to restart operations, media reports said.

Akasa Air completes one year of commercial ops

Kolkata: Akasa Air on Tuesday completed one year of commercial operations in the Indian skies.

IndiGo reports Rs 3,091 cr profit in Q1FY24; revenue from ops grows to Rs 16,683 cr

Gurugram: InterGlobe Aviation, the parent company of IndiGo, reported a notable turnaround in its financial performance for the quarter ending June 2023.

Akasa Air expands international ambitions with addition of 20th aircraft to fleet

Bengaluru: India’s newest carrier, Akasa Air, announced on Tuesday the addition of the 20th jet to its fleet, ushering it into the league of international airlines in India.

Air India, IndiGo get DGCA approval to import aircraft

New Delhi: Air India and Interglobe Aviation, the operator of Indigo, have been given approval by the Directorate General of Civil Aviation (DGCA) to import aircraft, the Ministry of Civil Aviation announced