TBM Staff - Mumbai
According to a report in The Hindustan Times, flying expenses could soar in this September quarter due to increased traveller interest during festival weekends. Airlines, already facing aircraft shortages, may struggle to meet demand. Additionally,
TBM Staff - Mumbai
The momentum in air passenger traffic is expected to continue into the financial year 2025 (FY2025), though further expansion in yields from the current levels may be limited, according to a report by rating
TBM Staff - Mumbai
India's air passenger traffic is expected to grow by 8-11% year-on-year, reaching a record high of 407-418 million passengers in the current financial year (FY25), according to ratings agency ICRA. This surge is projected
TBM Staff - Mumbai
India has initiated the process of consolidating its four airspace regions into one encompassing the entire nation to streamline and improve air traffic management. The Airports Authority of India (AAI), responsible for air traffic
TBM Staff - Mumbai
ICRA, the credit rating agency, forecasted an 8 to 13 percent growth in Indian air passenger traffic for the fiscal year 2024, reaching between 150 to 155 million and exceeding the pre-pandemic figure of 141.2
TBM Staff - Mumbai
In a significant development for the Indian aviation industry, a robust order book of 1,700 aircraft has been secured, marking a noteworthy expansion over the current fleet size, which stands at just over 600. The
