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Domestic air travel expected to keep soaring in 2024, says ICRA

Domestic air travel expected to keep soaring in 2024, says ICRA

  The momentum in air passenger traffic is expected to continue into the financial year 2025 (FY2025), though further expansion in yields from the current levels may be limited, according to a report by rating

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China and UAE aim to boost air connectivity for economic and tourism growth

China and UAE aim to boost air connectivity for economic and tourism growth

  China and the United Arab Emirates (UAE) are in discussions to increase the number of flights between the two countries, with the goal of fostering stronger economic and tourism ties. The current air traffic

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VietJet cracks Forbes Vietnam’s elite list due to impressive growth

VietJet cracks Forbes Vietnam’s elite list due to impressive growth

  Vietjet has secured a prominent position in Forbes Vietnam magazine's annual Top 50 listed companies in Vietnam, showcasing its leading position among diverse sectors on the country's stock exchange. According to Vietjet's audited financial

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US proposes faster airport security for Indian travellers with new agreement

US proposes faster airport security for Indian travellers with new agreement

  The U.S. Transportation Security Administration (TSA) is working to establish a unique "one-stop security" agreement with India to eliminate the need for rescreening of passengers. TSA Administrator David Pekoske highlighted this initiative at the

Aviation
Turkish Airlines eyes 6 new USA routes to connect flyers to India

Turkish Airlines eyes 6 new USA routes to connect flyers to India

  Turkish Airlines is expanding its presence in the United States, targeting six new destinations: Philadelphia, Charlotte, Orlando, Minneapolis, Phoenix, and Raleigh/Las Vegas. This expansion will bring the airline's total number of US destinations to

Aviation
ELF insolvency petition against SpiceJet to be heard by NCLT on August 2

ELF insolvency petition against SpiceJet to be heard by NCLT on August 2

  SpiceJet has faced an insolvency plea from engine lessor ELF, citing the airline's default on lease payments since April 2021. Initially, SpiceJet raised technical objections to ELF's plea, but the tribunal allowed ELF to

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