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Lufthansa eyeing stake in TAP Air Portugal as next acquisition

Lufthansa eyeing stake in TAP Air Portugal as next acquisition

The Lufthansa Group is reportedly considering acquiring a stake in TAP Air Portugal, following its successful bid for Italy’s ITA Airways. The German airline company is currently in discussions to acquire a 19.9% stake in

Aviation
Indian aviation losses to widen to USD 400-600 mn in FY25, says CAPA India

Indian aviation losses to widen to USD 400-600 mn in FY25, says CAPA India

Losses for India's airline industry are expected to widen to USD 400 million to USD 600 million in fiscal 2025 as higher costs outweigh a rise in passenger demand, aviation consultancy firm CAPA India said

Aviation
16 airlines operating in India with 771 aircraft: DGCA

16 airlines operating in India with 771 aircraft: DGCA

The Directorate General of Civil Aviation (DGCA)  said there are a total of 16 airlines in the country that are operating with 771 aircraft. The DGCA informed through an official statement that in line with

Ministry
India has become third-largest aviation market: PM

India has become third-largest aviation market: PM

After inaugurating the first phase of Mopa international airport in Goa on Sunday, Prime Minister Narendra Modi emphasised that with the efforts of the people, India has become the third-largest aviation market in the world.

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