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Indian aviation sector News

17 Aug 2023

IndiGo Story: How Friendship Gave Birth To India's Most Successful Airline

IndiGo Success Story: This is a unique success story about two friends - Rakesh Gangwal and Rahul Bhatia - who despite their divergent professional backgrounds united their vision and expertise to create what would become India's most triumphant airline - IndiGo.

24 Apr 2020

Indian aviation sector to face $ 11.2 bn revenue loss due to COVID-19 crisis

IATA said the pandemic is expected to potentially impact 29,32,900 jobs in the country's aviation and its dependent industries. The passenger traffic has declined by 47 per cent.

Indian aviation aircraft

15 Jan 2019

India to add 1,000 aircraft in 7-8 years: Govt official

The domestic aviation has been growing at 20 per cent every year, for the last four years.

19 Dec 2018

Boeing forecasts demand for 2,300 new aircraft in India over next 20 years

The company believes factors such as rise in GDP output along with increase in infrastructure spend and growth of low-cost carriers will lead to the fulfilment of the demand forecast.

03 Jun 2017

SpiceJet reports 43% fall in net profit in Q4 FY17

Budget carrier SpiceJet on Saturday reported 43 percent fall in net profit at Rs 41.6 crore for the fourth quarter ended March 31, 2017 due to higher fuel cost and lower yield on account of demonetisation.

Weak financial position of domestic airlines

26 Jul 2016

Financial weakness hindering domestic airlines' international expansion

The weak financial position of domestic carriers is the reason behind their inability to expand international operations, parliament was told on Tuesday.

17 Aug 2015

250-plane order reflects India's growth potential: IndiGo

After placing the largest single order for 250 aircraft with European major Airbus, IndiGo today said that the purchase contract reflects stabilising trend in the Indian aviation sector.

14 Dec 2014

China's HNA eyeing to invest $200 mn in Indian aviation sector

HNA Group is one of the biggest aviation conglomerates of China owning 16 airline companies with 528 aircrafts operating across the world.

Economic Survey

09 Jul 2014

Economic Survey 2013-14: Signs of revival in Indian aviation sector

The Indian civil aviation sector is showing signs of revival in growth after a period of turbulence with emergence of new players such as AirAsia and Tata-SIA Airline, although domestic passenger traffic handled at Indian airports grew only by 5.2 percent in 2013-14.

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