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Aviation
ICRA lowers Indian airlines’ loss estimate by 33%

ICRA lowers Indian airlines’ loss estimate by 33%

ICRA has revised its forecast for Indian airlines' cumulative net losses for FY25 and FY26, lowering the estimate by 25-33% due to improved pricing power and a stable cost environment. The new estimate is INR

Aviation
Cochin Airport reports INR 1,014cr revenue for FY24

Cochin Airport reports INR 1,014cr revenue for FY24

Cochin International Airport Limited (CIAL) has reported a total income of INR 1,014.21 crore for the 2023-24 financial year, reflecting a 31.6% increase from the INR 770.91 crore earned in the previous year. Cochin Airport

Aviation
DGCA reports 25% drop in air proximity incidents

DGCA reports 25% drop in air proximity incidents

The Directorate General of Civil Aviation (DGCA) has reported a 25% reduction in air proximity incidents in 2023 compared to the previous two years. Air proximity incidents occur when two aircraft come dangerously close mid-air,

Aviation
Bihar’s Purnia to get its own airport; AAI completes survey

Bihar’s Purnia to get its own airport; AAI completes survey

The long-awaited demand for an airport in Bihar’s Purnia is set to become a reality, with all obstacles to its construction now cleared. An Airports Authority of India (AAI) team from Delhi recently conducted a

Aviation
Cochin Airport equipped to be air operators’ hub in South India: Kerala CM

Cochin Airport equipped to be air operators’ hub in South India: Kerala CM

Kerala Chief Minister Pinarayi Vijayan said that Cochin International Airport is equipped to become the hub in South India for air operators. He was speaking at the inauguration of Aero Lounge 0484, the largest such

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