ICRA stated in it's report, "The Indian aviation industry to report a net loss of Rs. 20-30 billion in FY2026."
This projected loss is similar to the estimated losses in FY2025, and a stark contrast to the ₹1,600 crore net profit reported in FY2024.
According to Taiwan's MND, 46 out of 50 sorties crossed the median line and entered Taiwan's northern, southwestern and eastern Air Defence Identification Zone (ADIZ).
Air India said on Thursday that it will reduce flights on various internationa routes per week and temporarily suspend operations on three routes from June 21 to July 15, 2025.
"Air India flight AI388 from Delhi to Ho Chi Minh City has air returned to Delhi as a precautionary measure. The flight landed safely back in Delhi and all passengers have been disembarked and served refreshments while an alternative aircraft with fresh crew has been arranged to fly the pass
Speaking to reporters, Joshi said, "215 DNA samples have been matched, of which the mortal remains of 198 deceased have been handed over to their families...Of the 198 deceased, 149 are Indian nationals, seven Portuguese, 32 British and one Canadian."
According to Airport Police Station officials, the threat message was received on the police control room's WhatsApp helpline number. Following the alert, a joint search operation was launched by the police and the Central Industrial Security Force (CISF) at the airport premises.
Clive, described by colleagues as quiet, graceful, and deeply passionate about flying, was remembered for his unwavering dedication and calm professionalism.
Minister of Civil Aviation Ram Mohan Naidu Kinjarapu convened a detailed video conference with all Airport Directors across the country to review ground-level preparedness and passenger support mechanisms in the light of rescheduling of flights happening due to multiple reasons like post-acc
The Aircraft Accident Investigation Bureau (AAIB) has commenced a formal inquiry into the Air India flight crash in Ahmedabad and the multi-disciplinary team from AAIB has commenced investigation from June 12, said an official statement from Ministry of Civil Aviation on Thursday.
Air India CEO and MD Campbell Wilson on Thursday said that the flight AI 171, which crashed shortly after taking off in Ahmedabad on June 12, was "well-maintained" and both the aircraft and its engines were regularly monitored, showing no issue before the flight.
India's Hindustan Aeronautics Limited (HAL) and French engine manufacturer, Safran Aircraft Engines signed an agreement on Thursday, for the industrialization and production of rotating parts for LEAP engines.