The Indian aviation industry is expected to report a net loss of Rs 2,000-3,000 crore in both FY25 and FY26, according to a report by ICRA. This comes after the sector posted a net profit of approximately Rs 1,600 crore in FY24.
Lucknow (Uttar Pradesh) [India], February 14: The Indian aviation industry is set to witness a groundbreaking transformation with the launch of Shankh Air, a pioneering airline founded by Shravan Vishwakarma. Driven by the vision of making air travel affordable and accessible to all, Shankh
New Delhi [India], December 27: Atul Jain, the visionary founder of ModAir Aviation IFSC Pvt Ltd, is transforming the Indian aviation industry. His company, an early entrant at GIFT City, focuses on leasing and financing trainer aircraft. This initiative aligns with the Prime Minister's Skil
The Airports Authority of India (AAI) and DRIIV (Delhi Research Implementation and Innovation) signed a pivotal Memorandum of Understanding (MoU) on Thursday at Rajiv Gandhi Bhawan, marking a ground-breaking collaboration aimed at fostering innovation, enhancing operational safety, and suppo
Union Minister Nitin Gadkari highlights in Rajya Sabha on Wednesday that within the next five years the India's aviation industry will use 20 per cent of Bio-aviation fuel.
Rahul Bhatia, the Group Managing Director of InterGlobe, the parent company of India's largest airline IndiGo, lauded the remarkable advancements in India's aviation sector.
The third meeting of the India-Maldives High-Level Core Group was held in Male on Sunday, where the two sides reviewed the ongoing deputation of Indian technical personnel to enable continued operation of Indian aviation platforms that provide humanitarian services to people of Maldives, the
Mumbai (Maharashtra) [India], February 8: The global aviation fuel market, estimated at USD 252.39 billion in 2022, is projected to reach around USD 935.67 billion by 2032, with a 14 per cent CAGR during the forecast period from 2023 to 2032, according to the Precedence Research report. The
During the meeting, the two nations continued their discussions on wide-ranging issues related to bilateral cooperation towards identifying steps to strengthen the partnership.
Boeing conducted strategic programmes including the Air Cargo Symposium, Pilot Roundtable, and Executive Development Programmes. These initiatives were steered by Boeing's Global Strategic Initiatives team in India.