The Indian aviation industry is projected to see its net losses decline by one-third in the 2026-27 fiscal year as domestic passenger traffic growth recovers to an estimated 6-8 per cent.
This development follows the Board's approval, announced last week, for a calibrated ramp-up of the fleet to 60 aircraft through a mix of wet and damp leases, along with the phased return to service of existing grounded aircraft.
India and South Asia's passenger air traffic will rise an average of 7% annually over the next 20 years, spurred by a growing middle class, economic growth and airport and connectivity investments, Boeing [NYSE: BA] said today.
International travel served as a primary driver of this growth, with demand increasing 7.7 per cent year-on-year. Capacity for international routes expanded by 7.1 per cent, while the international load factor reached a record 84 per cent. Domestic markets saw a more modest demand increase o
Ashwini Vaishnaw, Union Minister of Railways, Information & Broadcasting, and Electronics & Information Technology, said, "We're expanding coaching terminals, enhancing sectional and operational capacities in various cities to meet rising passenger demand and reduce congestion. Th
These initiatives reflect the Railways' continued commitment to meeting increased passenger demand and providing seamless connectivity across the country.
The plan will include the works planned, proposed, or already sanctioned to achieve the goal of doubling the capacity of handling trains in a time-bound manner, Railways Ministry said.
The metro coaches have been manufactured at Titagarh Rail Systems Limited's advanced facility, equipped with modern technology to produce metro and passenger coaches that meet global standards. CM lauded the company's diverse workforce, drawn from multiple states, and said the project exe
Central Railway will operate 14 Special train services to cater to increased passenger demand. These include Train No. 01413/01414 Pune-Bengaluru-Pune on 6 and 7 December; 01409/01410 Pune-Hazrat Nizamuddin-Pune on 7 and 9 December; 01019/01020 Lokmanya Tilak Terminus(LTT)-Madgaon-LTT on
89 special train services (more than 100 trips) across multiple zones, starting today, will run in the next three days. This will help support smooth travel and ensure adequate connectivity amid rising demand for rail travel.
Indian Railways, in view of the surge in passenger demand following widespread flight cancellations, has taken extensive measures to ensure smooth travel and adequate availability of accommodation across the network. A total of 37 trains have been augmented with 116 additional coaches, op
The Ministry of Railways on Sunday refuted Rajya Sabha MP Kapil Sibal's claim that four special trains from Haryana on November 3 were used to transport people specifically to vote in Bihar, asserting that these were unscheduled special services deployed to address a sudden surge in passe