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India Now World's 3rd Largest Domestic Aviation Market. How Tier-2, 3 Cities Gained.
India is now the world's third largest domestic aviation market and the increase in flight routes in the last 10 years has benefitted Tier 2 and 3 cities, President Droupadi Murmu said today.
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India Becomes World's 3rd Largest Domestic Airline Market: Report
Driven by robust growth in the aviation sector in the last decade, India is now the third-largest domestic airline market in the world, up from 5th position 10 years ago.
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IndiGo Reports "Highest Ever" Q1 Profit Of Rs 3,090.6 Crore
InterGlobe Aviation, the parent of the country's largest airline IndiGo, today reported a profit after tax of Rs 3,090.6 crore in the June quarter.
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IndiGo To Operate Flights To Nairobi, Jakarta, Some Central Asian Destinations: CEO
The country's largest airline IndiGo, which is "back with a bang", is looking to start flights to Nairobi, Jakarta and some central Asian destinations as the carrier focuses on internationalisation, according to its chief Pieter Elbers.
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India Third Largest In Domestic Air Traffic In World: Aviation Minister
Union Minister for Civil Aviation Jyotiraditya Scindia has said that India's aviation industry has become the third-largest domestic aviation market in the world.
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Hindustan Aeronautics Signs Rs 5,375 Crore Contract With GE Aviation; Stock Zooms 3%
"This is the largest ever deal and the purchase order placed by HAL (Hindustan Aeronautics) for LCA (Light Combat Aircraft)," R Madhavan, CMD, HAL said
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Stocks To Watch: InterGlobe Aviation, JMC Projects
InterGlobe Aviation, parent of the country's largest airline IndiGo, said that its board has approved raising up to Rs 3,000 crore through sale of shares to institutional investors
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Coronavirus Crisis: IndiGo Cuts Senior Employees' Pay, CEO Takes 25% Hit
IndiGo, the country's largest airline by market share, on Thursday announced a pay cut for its senior employees due to shrinking revenues. Chief executive officer Ronojoy Dutta said he will take a cut of 25 per cent as the coronavirus outbreak has affected the profitability of the commercial aviation industry. IndiGo's announcement comes at a time ...
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IndiGo Operator Interglobe Aviation Posts Profit Of Rs 1,200 Crore In June Quarter
IndiGo, now the largest airline in the country by market share, reported a 12.8 per cent rise in its yield during the quarter
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IndiGo CEO Assures Employees As Promoters Feud In Public: 10 Points
India's largest airline IndiGo, a rare success story in the challenging aviation industry, is caught in a messy feud between its founders. Shares in InterGlobe Aviation - the owner of IndiGo - fell as much as 19 per cent on Wednesday after one of its founders, Rakesh Gangwal, sought regulatory intervention in alleged misgovernance, targeting his lo...
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Jet Lenders "Reasonably Hopeful" Of Successful Bids For Grounded Airline
Jet Airways' group of lenders said on Thursday that they are "reasonably hopeful that the bid process is likely to be successful". The statement from the lenders, led by State Bank of India (SBI), came a day after the airline suspended all its flight operations indefinitely. Jet Airways - once India's largest private sector airline - took the decis...
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Delhi's Indira Gandhi Airport Ranked Among World's Top 20 Busiest Airports. Details Here
India is poised to be one of the largest aviation markets in the world in the years to come, the ACI said.
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India World's Third Largest Growing Domestic Aviation Market, Says Economic Survey
During the 2007-08 to 2016-17 period, domestic passenger traffic registered a compound annual growth rate (CAGR) of 9.89 per cent.
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PM Modi Tax Breaks Fire Up India's $704 Million Plane Care Market
Air Works, which is aiming to conduct an initial public offering in three years, is among companies that could benefit from a surge in air travel in India, an aviation market poised to become the world's third largest by 2025.
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Domestic Air Traffic Jumps 17% In May
IndiGo, the largest domestic airline by market share, returned to the top spot last month in terms of punctuality with 85 per cent of its flights arriving and departing on schedule.
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India Now World's 3rd Largest Domestic Aviation Market. How Tier-2, 3 Cities Gained.
India is now the world's third largest domestic aviation market and the increase in flight routes in the last 10 years has benefitted Tier 2 and 3 cities, President Droupadi Murmu said today.
-
India Becomes World's 3rd Largest Domestic Airline Market: Report
Driven by robust growth in the aviation sector in the last decade, India is now the third-largest domestic airline market in the world, up from 5th position 10 years ago.
-
IndiGo Reports "Highest Ever" Q1 Profit Of Rs 3,090.6 Crore
InterGlobe Aviation, the parent of the country's largest airline IndiGo, today reported a profit after tax of Rs 3,090.6 crore in the June quarter.
-
IndiGo To Operate Flights To Nairobi, Jakarta, Some Central Asian Destinations: CEO
The country's largest airline IndiGo, which is "back with a bang", is looking to start flights to Nairobi, Jakarta and some central Asian destinations as the carrier focuses on internationalisation, according to its chief Pieter Elbers.
-
India Third Largest In Domestic Air Traffic In World: Aviation Minister
Union Minister for Civil Aviation Jyotiraditya Scindia has said that India's aviation industry has become the third-largest domestic aviation market in the world.
-
Hindustan Aeronautics Signs Rs 5,375 Crore Contract With GE Aviation; Stock Zooms 3%
"This is the largest ever deal and the purchase order placed by HAL (Hindustan Aeronautics) for LCA (Light Combat Aircraft)," R Madhavan, CMD, HAL said
-
Stocks To Watch: InterGlobe Aviation, JMC Projects
InterGlobe Aviation, parent of the country's largest airline IndiGo, said that its board has approved raising up to Rs 3,000 crore through sale of shares to institutional investors
-
Coronavirus Crisis: IndiGo Cuts Senior Employees' Pay, CEO Takes 25% Hit
IndiGo, the country's largest airline by market share, on Thursday announced a pay cut for its senior employees due to shrinking revenues. Chief executive officer Ronojoy Dutta said he will take a cut of 25 per cent as the coronavirus outbreak has affected the profitability of the commercial aviation industry. IndiGo's announcement comes at a time ...
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IndiGo Operator Interglobe Aviation Posts Profit Of Rs 1,200 Crore In June Quarter
IndiGo, now the largest airline in the country by market share, reported a 12.8 per cent rise in its yield during the quarter
-
IndiGo CEO Assures Employees As Promoters Feud In Public: 10 Points
India's largest airline IndiGo, a rare success story in the challenging aviation industry, is caught in a messy feud between its founders. Shares in InterGlobe Aviation - the owner of IndiGo - fell as much as 19 per cent on Wednesday after one of its founders, Rakesh Gangwal, sought regulatory intervention in alleged misgovernance, targeting his lo...
-
Jet Lenders "Reasonably Hopeful" Of Successful Bids For Grounded Airline
Jet Airways' group of lenders said on Thursday that they are "reasonably hopeful that the bid process is likely to be successful". The statement from the lenders, led by State Bank of India (SBI), came a day after the airline suspended all its flight operations indefinitely. Jet Airways - once India's largest private sector airline - took the decis...
-
Delhi's Indira Gandhi Airport Ranked Among World's Top 20 Busiest Airports. Details Here
India is poised to be one of the largest aviation markets in the world in the years to come, the ACI said.
-
India World's Third Largest Growing Domestic Aviation Market, Says Economic Survey
During the 2007-08 to 2016-17 period, domestic passenger traffic registered a compound annual growth rate (CAGR) of 9.89 per cent.
-
PM Modi Tax Breaks Fire Up India's $704 Million Plane Care Market
Air Works, which is aiming to conduct an initial public offering in three years, is among companies that could benefit from a surge in air travel in India, an aviation market poised to become the world's third largest by 2025.
-
Domestic Air Traffic Jumps 17% In May
IndiGo, the largest domestic airline by market share, returned to the top spot last month in terms of punctuality with 85 per cent of its flights arriving and departing on schedule.
