Homa Mistry, CEO, Trail Blazer Tours India said, “New routes are launched because new airlines and airports are coming in but they do not stay there for long. It becomes a real demand and supply issue and promoting a destination becomes a problem. Thus, continuity and commitment are important for inbound.”
Read More »India to witness delivery of 3 new aircraft per week over the next four years: CEO, PATA
Noor Ahmad Hamid, CEO, PATA highlights India’s unparalleled aircraft acquisition spree, with the country poised to witness the delivery of nearly three new aircraft per week over the next four years. This surge, coupled with initiatives like Air India’s restructuring, will enhance India’s competitiveness in the region.
Read More »Manta Air to start its maiden international flight between Maldives and Bengaluru from 1 March
Manta Air announced the commencement of its first international flight between Dhaalu Airport in Maldives and Kempegowda International Airport in Bengaluru on 1 March, 2024. This new route will save 4-5 hours of tourists’ time as they can avoid the overtly crowded Velana International Airport of Maldives.
Read More »Domestic airline industry to record over 20% rise in profit next year: CRISIL Ratings
CRISIL Ratings estimate a rise of more than 20 per cent in the profit of the domestic airline industry in the next fiscal year. The subsequent increase in profit is being accredited to the surge in passenger traffic, the ability to pass on volatile fuel prices to flyers, and reduced fluctuation in foreign exchange rates.
Read More »Indian aviation industry rebounds, post-COVID traffic surges to 96% of 2019 levels in 2022-23
Minister of State, MoCA, Gen. (Dr) V. K. Singh (Retd) said, “Before Covid-19 pandemic, India was one of the fastest growing aviation market in the world. During the six-year period i.e. 2014-15 to 2019-20, Indian airports witnessed robust double-digit Compound Annual Growth Rate of 12.4% in terms of total passenger traffic. Post-Covid, Indian aviation industry is again on the growth trajectory and the total passenger traffic has recovered to the tune of 96% during 2022-23, as compared to pre-covid.”
Read More »Scindia heads meeting to elevate immigration and security for international travel
Minister of Civil Aviation, Jyotiraditya M. Scindia chaired an advisory committee meeting with airport operators, and key stakeholders to discuss transformative changes in airport interior design and technologies to expedite immigration and security check processes for international travellers. The meeting emphasized the common goal of positioning India at the forefront of air travel.
Read More »Govt to expand existing airports and develop new ones expeditiously: Interim Budget
Finance Minister Nirmala Sitharaman stated that aviation sector has been galvanized in the past ten years. Number of airports have doubled to 149. “Roll out of air connectivity to tier-two and tier-three cities under UDAN scheme has been widespread. Five hundred and seventeen new routes are carrying 1.3 crore passengers. Indian carriers have pro-actively placed orders for over 1000 new aircrafts. Expansion of existing airports and development of new airports will continue expeditiously,” she added. This development will result into better connectivity, and more flight routes, which will eventually escalate the aviation industry and will significantly increase the number of tourist arrivals.
Read More »FM Sitharaman’s announces to develop ecosystem for EV Vehicles, boosting responsible travelling
While unveiling the Interim Budget 2024, Finance Minister Nirmala Sitharaman stated that the government aims to fortify the Electric Vehicle (EV) ecosystem by investing in the manufacturing and charging infrastructure. Additionally, she introduced that govt is going to launch new bio-manufacturing scheme to foster green growth. Consequently, the aviation sector will get a boost in green initiatives as they plan to introduce more strategies for responsible travelling.
Read More »Turmoil in the Skies: 550 Finnair flights will be canceled on 1-2 February due to a political strike
Due to political strike by employee unions against Finnish Govt. on 1-2 February, Finnair will start cancelling flights from 30 January due to no connections from Helsinki. Customers will be offered alternative routes, long-haul flights to be routed directly to their destination.
Read More »UDAN 5.3 to focus on connecting unserved, underserved cities of India
Touted as a game-changer, the newly-launched UDAN 5.3 aims to revitalise point-to-point air connectivity. The new round will focus on connecting unserved, underserved cities of India. Scindia says, “In addition to aviation infrastructure we are addressing issues of capacity building across the value chain including human resources. We have liberalized policies so as to ensure adequate availability of pilots, cabin crew, engineers, etc. in the country.”
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