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Indian aviation losses to hit INR 30 B: ICRA

Indian aviation losses to hit INR 30 B: ICRA

  The Indian aviation industry is projected to report a net loss of INR. 20-30 billion in FY2025 and FY2026, slightly lower than earlier estimates but higher than the INR. 10 billion loss in FY2024,

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Domestic air travel expected to keep soaring in 2024, says ICRA

Domestic air travel expected to keep soaring in 2024, says ICRA

  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

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Pratt & Whitney to source USD 150 million annually from India by 2030

Pratt & Whitney to source USD 150 million annually from India by 2030

  Pratt & Whitney intends to significantly increase its sourcing from India, targeting approximately USD 150 million worth of products per annum by 2030. Over the past ten years, the company has already procured around

Aviation
Delhi HC issues notice to Go First’s RP & DGCA

Delhi HC issues notice to Go First’s RP & DGCA

The Delhi High Court issued notices to Go First's resolution professional and the Director General of Civil Aviation (DGCA) in response to a plea filed by aircraft lessors BOC Aviation (Ireland) Ltd, ACG Aircraft Leasing

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