Indian aviation industry's outlook for 2025-26 remains stable, driven by expectations of moderate growth in domestic air passenger traffic and a relatively stable cost environment, according to rating agency ICRA.
Union Minister for Civil Aviation (MoCA) Ram Mohan Naidu chaired a high-level meeting to review and advance aircraft component manufacturing in the country on Friday, according to the MoCA statement.
Airline operators have hailed the Union Budget 2025-26, with the government putting an additional thrust on the ever-growing domestic civil aviation sector.
The latest order takes the total number of aircraft that Air India ordered with Airbus in 2023 from 250 aircraft, comprising 40 A350 and 210 A320 Family aircraft, to 350.
Union Minister of Civil Aviation Rammohan Naidu Kinjarapu virtually inaugurated the facility on Wednesday, which offers primary healthcare support to employees during office hours.
As Member (Planning), Anil Kumat Gupta will be responsible for the formulation of plans and setting of goals for development of Greenfield and Brownfield airports for modernisation and development of airport infrastructure.
IndiGo has placed an order for 30 A350-900 aircraft, a decision that will enable the airline to connect Indian metros to destinations around the world.
Several members of SpiceJet's commercial team, including the Chief Commercial Officer, have left the airline since it announced strategic restructuring, an airline spokesperson said.
In conjunction with the state visit of French President Emmanuel Macron to India, Akasa Air and CFM International announced an agreement to purchase CFM LEAP-1B engines to power 150 Boeing 737 MAX airplanes, the sale of which was announced last week.
Boeing's new widebody 777-9 jet will touch down in India for the first time, as the global aerospace company brings the newest member of its widebody family to Wings India 2024 in Hyderabad.