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India now third in domestic air travel market

India now third in domestic air travel market

  India has emerged as the world's third-largest domestic aviation market, a significant achievement that has directly benefited Tier-2 and Tier-3 cities, according to President Droupadi Murmu. In her address to the joint session of

Aviation
April Sees Slight Uptick in Domestic Air Travel Activity

April Sees Slight Uptick in Domestic Air Travel Activity

In April 2024, the domestic air travel industry experienced a mixed scenario, transporting 1.32 crore passengers, marking a modest year-on-year increase of 2.4 percent. However, this figure fell slightly short of March's count of 1.33

Aviation
DGCA hikes levy on airlines for funding RCS by INR 500

DGCA hikes levy on airlines for funding RCS by INR 500

The levy on scheduled flights being operated within India to fund the Regional Air Connectivity Fund has been increased to INR 6,500 per departure of an eligible flight from the existing rate of Rs 6,000,

Aviation
Air Travel Exceeds Pre-Pandemic Levels

Air Travel Exceeds Pre-Pandemic Levels

According to the International Civil Aviation Organization, passenger air traffic levels in the first quarter of 2024 are projected to be approximately 2% higher than those in 2019. Airlines are anticipated to maintain the operational

Aviation
Despite 5% increase in profit for Q3, SIA faces cost challenges due to fuel costs

Despite 5% increase in profit for Q3, SIA faces cost challenges due to fuel costs

Singapore Airlines Ltd. (SIA) has reported a 5% increase in third-quarter profits, reaching SGD 659 million (USD 490 million) compared to the same period last year. The airline also witnessed a 5% surge in revenue

Aviation
Air India-Vistara merger: awaiting FDI & regulatory approvals, says SIA

Air India-Vistara merger: awaiting FDI & regulatory approvals, says SIA

Singapore Airlines (SIA) has said the proposed merger of Air India and Vistara is in progress, and they are awaiting foreign direct investment and other regulatory approvals. Vistara is a joint venture between Singapore Airlines

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