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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
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
Indian aviation sector to log 8-13 pc passenger traffic growth in FY24: ICRA

Indian aviation sector to log 8-13 pc passenger traffic growth in FY24: ICRA

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

Outbound
Korea Tourism Organization unveils K-Incentive Scheme 2.0 for Indian travel trade

Korea Tourism Organization unveils K-Incentive Scheme 2.0 for Indian travel trade

The Korea Tourism Organization (KTO) has launched K-incentive Scheme 2.0, an enhanced programme designed to support and reward Indian travel agents who promote travel to South Korea. Leveraging the inaugural programme's success from last year,

Aviation
India Emerges as 5th among top passenger markets for Singapore’s Changi Airport

India Emerges as 5th among top passenger markets for Singapore’s Changi Airport

In 2023, Singapore's Changi Airport, which managed 328,000 flights and accommodated 58.9 million passengers, witnessed a significant rebound, reaching 83% of pre-Covid-19 traffic levels. Official data reveals that India secured the fifth position among the

Aviation
Mumbai International Airport witnesses 107% Recovery and 18% YoY Growth in October 2023 Passenger Traffic

Mumbai International Airport witnesses 107% Recovery and 18% YoY Growth in October 2023 Passenger Traffic

Chhatrapati Shivaji Maharaj International Airport (CSMIA) maintains an impressive growth momentum in terms of passenger traffic for the month of October 2023. Fuelled by its excellent connectivity and world-class infrastructure, the airport observed 107% recovery

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