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IIFCL approves loans worth INR 8,800cr for airport development & civil aviation projects

IIFCL approves loans worth INR 8,800cr for airport development & civil aviation projects

According to Managing Director PR Jaishankar, India Infrastructure Finance Company Limited (IIFCL) they have approved loans amounting to INR 8,800 crore for airport development and civil aviation projects across India. Approximately INR 4,000 crore of

Aviation
CSMIA witnesses 108% recovery in passenger traffic in August 2023

CSMIA witnesses 108% recovery in passenger traffic in August 2023

Chhatrapati Shivaji Maharaj International Airport (CSMIA) continues its growth trajectory in terms of passenger traffic for the month of August 2023. Fuelled by its excellent connectivity and world-class infrastructure, the airport observed 108% recovery in

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

Aviation
Guwahati Airport witnesses 15% jump in passenger footfall in June

Guwahati Airport witnesses 15% jump in passenger footfall in June

The Lokpriya Gopinath Bordoloi International (LGBI) Airport has witnessed a 15 per cent rise in passenger footfall in June this year to almost five lakh travellers, an official said. A spokesperson of the Adani Group-controlled

Aviation
Bengaluru Airport introduces a new app BLR Pulse to help passengers

Bengaluru Airport introduces a new app BLR Pulse to help passengers

Bangalore International Airport Limited (BIAL) — the operator of BLR Airport, in collaboration with GrayMatter Software Services, has created 'BLR Pulse', an omnichannel platform. This app alleviates common pre-travel apprehensions like long security queues, wait

Aviation
Domestic air traffic soars; IndiGo rules skies with 60% market share

Domestic air traffic soars; IndiGo rules skies with 60% market share

Domestic air traffic witnessed a significant 36 per cent year-on-year increase in May, with domestic airlines carrying 1.32 crore passengers. Meanwhile, with suspension of Go First’s operations, its 6.4 per cent market share has shifted

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