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Aviation
SITA reveals surge in expenditure of USD 34.5 billion for airlines

SITA reveals surge in expenditure of USD 34.5 billion for airlines

  SITA's Air Transport IT Insights report for 2023, released today, reveals a year-on-year increase in IT spending for both airports and airlines, reaching an estimated USD 10.8 billion and USD 34.5 billion, respectively, with

Aviation
SriLankan Airlines enhances connectivity and network expansion with India

SriLankan Airlines enhances connectivity and network expansion with India

  In a strategic initiative to strengthen its footprint in the Indian aviation market, SriLankan Airlines has officially relocated its Mumbai office to a more spacious setting, marking the commencement of ambitious expansion plans for

Aviation
RITES executes redevelopment of Ayodhya Dham Jn. Railway Station

RITES executes redevelopment of Ayodhya Dham Jn. Railway Station

RITES Ltd., a Navratna Central Public Sector Enterprise under the Ministry of Railways, executed the redevelopment of the Ayodhya Dham Jn. railway station. By improving infrastructure and advancing amenities, the company has contributed to making

Aviation
Delhi HC orders SpiceJet to pay INR 50 to former promoter Kalanithi Maran

Delhi HC orders SpiceJet to pay INR 50 to former promoter Kalanithi Maran

In a recent legal development, the Delhi High Court has instructed low-cost carrier SpiceJet Ltd to make a payment of INR 50 crore to its former promoter Kalanithi Maran and KAL Airways within six weeks.

Aviation
Centre may sell its stake in Air India’s previous subsidiaries in FY25: Report

Centre may sell its stake in Air India’s previous subsidiaries in FY25: Report

The Indian government is planning to sell its shares in Air India's former subsidiaries in FY25, according to Tuhin Kanta Pandey, Secretary of the Department of Investment and Public Asset Management. However, the privatization of

Aviation
IndiGo in talks with Qatar Airways for wet lease of aircraft

IndiGo in talks with Qatar Airways for wet lease of aircraft

IndiGo is discussions with Qatar Airways and aircraft lessors to wet lease aircraft to meeting the deficit created by grounding of its Pratt & Whitney powered Airbus A320Neo aircraft. Currently the airline has two Boeing

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