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Aviation
Creditors to vote on merger proposal of Air India, Vistara tomorrow

Creditors to vote on merger proposal of Air India, Vistara tomorrow

Tata-owned Air India and Vistara have asked for permission from their creditors to merge the two airlines. On Thursday, The Economic Times (ET) reported that creditors will vote on the proposal on September 23. Sources

Outbound
France to increase tax on air tickets to fund railway expansion

France to increase tax on air tickets to fund railway expansion

The French government is set to finance an expansion and improvement of its rail sector to the tune of EUR 100 million (USD 110 million). This will be done by increasing the tax on airline

Top Stories
Airlines in India expected to report net loss of INR 5,000-7,000 cr in FY24: ICRA

Airlines in India expected to report net loss of INR 5,000-7,000 cr in FY24: ICRA

Indian airlines are expected to see a sharp drop in net losses to INR 5,000-7,000 crore this fiscal as they continue to witness healthy passenger traffic growth and improvement in their revenue, rating agency ICRA

Ministry
Parliamentary panel asks MoCA to define ‘reasonable profit’ for airlines

Parliamentary panel asks MoCA to define ‘reasonable profit’ for airlines

Despite ‘reasonable profit’ is among the factors considered by airlines while fixing tariffs, it has no set definition, a parliamentary panel has pointed out. It has recommended that the Ministry of Civil Aviation (MoCA) define

Top Stories
India’s domestic passenger demand climbs 14.8% in June: IATA

India’s domestic passenger demand climbs 14.8% in June: IATA

The International Air Transport Association (IATA) announced that the post-COVID recovery momentum continued in June for passenger markets. Indian airlines’ domestic demand climbed 14.8% in June and was 1.3% above the June 2019 level. The

Guest Column
Personalizing travel protection through CFAR & dynamic bundling

Personalizing travel protection through CFAR & dynamic bundling

By Barney Pierce, SVP, Strategic Partnerships, APAC, Cover Genius India has experienced major upheavals in the airline industry ranging from flight delays to cancellations, and much more. According to industry data, at least one-third of

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