Despite strong revenue growth, profitability remained under pressure as fuel costs surged 67.2 per cent year-on-year to ₹99.7 billion. IndiGo reported a 25.9 per cent year-on-year increase in revenue from operations to ₹233.6 billion in the September quarter, supported by higher yields and disciplined capacity deployment, although elevated aviation fuel costs and rupee depreciation pushed...
Tag: aviation
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PM Modi to Inaugurate Alluri Sitarama Raju International Airport at Bhogapuram on August 1
While reinforcing Visakhapatnam’s position as the ‘Gateway of the East’, the launch of Alluri Sitarama Raju International Airport will mark a defining milestone in Andhra Pradesh’s aviation journey. The countdown has begun for the inauguration of Vizag Airport, officially named Alluri Sitarama Raju International Airport at Bhogapuram, with Prime Minister Narendra Modi set to dedicate...
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IMC 2025: Satcom Summit Calls for Space Networks to Bridge Digital Divide
As India’s satellite communication sector enters a transformative phase, its future success will hinge on delivering universal digital access, said top lawmakers, industry leaders and technologists at the inaugural SATCOM Summit on Wednesday. With policy reforms, public-private partnerships and next-generation technologies propelling India’s satellite communication sector into a transformative phase, its future success lies in...
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NMIA Secures DGCA Aerodrome Licence Ahead of October Launch
Granted after meeting stringent safety and compliance norms, the licence marks a critical step in NMIA’s transition from construction to commissioning, and is essential for operational readiness. The Navi Mumbai International Airport (NMIA), India’s newest greenfield mega-airport, has secured its aerodrome licence from the Directorate General of Civil Aviation (DGCA), a critical regulatory milestone ahead...
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IndiGo, AEGEAN Forge Strategic Codeshare to Boost India-Europe Air Connectivity
The new codeshare agreement between IndiGo and AEGEAN Airlines promises to unlock seamless connectivity between India, South Asia, and Europe, giving AEGEAN access to IndiGo’s vast domestic network, while IndiGo passengers gain new travel options across Greece and the continent. IndiGo has signed a memorandum of understanding (MoU) for a codeshare partnership with AEGEAN Airlines,...
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Adani Group Expands MRO Capabilities with Indamer Technics Acquisition
The deal will be executed via Horizon Aero Solutions Ltd, a joint venture equally held by Adani Defence & Aerospace and Prime Aero. Adani Defence & Aerospace, the defence and aerospace arm of the $32.5 billion Adani Group, has signed a binding agreement to acquire a 100 per cent stake in Indamer Technics Pvt. Ltd...
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Indian aviation sector to witness investments worth Rs 1.65 lakh cr
Govt to build 200 airports in India, with 67 airports in 8 years
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Indian aviation sector to witness investments worth Rs 1.65 lakh cr
Govt to build 200 airports in India, with 67 airports in 8 years
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New Tiruchi International Airport to be completed by June 2023
So far, over 70% of the terminal building work has been achieved
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Indian airline industry calls for rationalisation of jet fuel taxes
The price of jet fuel in the national capital was increased by 18.32% Domestic airlines in India have called for rationalisation of jet fuel taxes, in a move to combat the spike in fuel prices. High crude oil prices prompted Oil Marketing Companies (OMCs) to raise Aviation turbine fuel (ATF) prices to over Rs 1...