Aviation industry - TravelBiz Monitor: India travel news, travel trends, tourism

Aviation Industry expects Budget to provide thrust to UDAN, help more airports

By TBM Staff - Mumbai Monday, 30 January 2023, 3:00 PM 434

Along with the increase in air traffic, etire country has witnessed growth in the aviation infrastructure especially in terms of more routes and development of airports. Keeping in view the past growth in the air traffic, Industry expects that the upcoming Budget will give wings to the aviation sector. The ambitious regional connectivity scheme UDAN […]Continue Reading

‘We currently have more than 60% of our compute in public clouds, this gives Sabre the agility & competitive edge’

By Disha Ghosh Tuesday, 29 November 2022, 10:00 AM 439

Sriram Gopalswamy, VP – Site Reliability Engineering, Sabre Bengaluru GCC, in a conversation with Disha Shah Ghosh sheds light on the three innovations under progress. Q. What are some of the travel tech innovations that Sabre is currently working on? Currently there are three innovations that Sabre is working towards – first being adapting to […]Continue Reading

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Indian aviation industry may incur losses worth INR 26,000 cr in FY22: ICRA

By TBM Staff - Mumbai Thursday, 2 September 2021, 2:10 PM 1159

Pandemic-hit Indian aviation industry is expected to report a net loss of INR 25,000-26,000 crore while its debt level may increase to INR 1.2 lakh crore in the ongoing fiscal year, credit ratings agency ICRA said . Also, the industry will be requiring an additional funding of INR 45,000-47,000 crore over FY2022 to FY2024, it […]Continue Reading