Largest Aviation Market

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.

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.

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.

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.

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.

"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

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

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 ...

IndiGo, now the largest airline in the country by market share, reported a 12.8 per cent rise in its yield during the quarter

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 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...

India is poised to be one of the largest aviation markets in the world in the years to come, the ACI said.

During the 2007-08 to 2016-17 period, domestic passenger traffic registered a compound annual growth rate (CAGR) of 9.89 per cent.

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.

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.

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.

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.

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.

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.

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.

"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

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

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 ...

IndiGo, now the largest airline in the country by market share, reported a 12.8 per cent rise in its yield during the quarter

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 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...

India is poised to be one of the largest aviation markets in the world in the years to come, the ACI said.

During the 2007-08 to 2016-17 period, domestic passenger traffic registered a compound annual growth rate (CAGR) of 9.89 per cent.

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.

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.