Aviation sector faces steeper losses in FY26; passenger growth slows amid headwinds: ICRA – The Times of India

Aviation sector faces steeper losses in FY26; passenger growth slows amid headwinds: ICRA – The Times of India

The Indian aviation sector is expected to encounter greater turbulence in FY2026, with projected net losses that can climb to Rs 95,000 to Rs 1,05,000 crore compared to Rs 55,000 crore in FY2025. The escalation in losses is driven by slowing passenger traffic growth alongside increasing aircraft deliveries, as cited by ICRA. “During FY2025, the…

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Aviation deal: Korea Air seals record  billion deal; Boeing and GE secure mega orders – Times of India

Aviation deal: Korea Air seals record $50 billion deal; Boeing and GE secure mega orders – Times of India

Korean Air on Monday announced a record-breaking $50 billion order for 103 Boeing aircraft and GE Aerospace engines and servicing, coinciding with South Korean President Lee Jae Myung’s visit to Washington. The purchase marks the largest in the carrier’s history, as per Reuters.The order includes a mix of 787s, 777s and 737s worth about $36.5…

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Aviation growth: Govt sets target of 350 airports by 2047, Union minister says states and smaller cities will drive expansion – Times of India

Aviation growth: Govt sets target of 350 airports by 2047, Union minister says states and smaller cities will drive expansion – Times of India

Civil aviation minister Ram Mohan Naidu Kinjarapu on Monday said the Centre aims to build 350 airports across India by 2047 as part of its vision for a ‘Viksit Bharat’, more than doubling the current tally of 162 airports, ANI reported.Speaking at the Eastern Region Ministers’ Conference on Civil Aviation, Kinjarapu said civil aviation was…

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India becomes world’s 5th largest aviation market with 241 million flyers in 2024; Mumbai-Delhi ranks among busiest global air routes: IATA data – Times of India

India becomes world’s 5th largest aviation market with 241 million flyers in 2024; Mumbai-Delhi ranks among busiest global air routes: IATA data – Times of India

India has emerged as the world’s fifth largest aviation market, handling 241 million passengers in 2024, while the Mumbai–Delhi route ranked 7th among the world’s busiest airport pairs, according to the World Air Transport Statistics (WATS) released by the International Air Transport Association (IATA).India’s passenger numbers grew 11.1% over 2023, when it handled 211 million…

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भारत ने मान ली मुस्लिम देश कुवैत की ये बात, विमानों में बढ़ाई गईं 50 फीसदी सीटें

भारत ने मान ली मुस्लिम देश कुवैत की ये बात, विमानों में बढ़ाई गईं 50 फीसदी सीटें

भारत की तरफ से मिडिल ईस्ट के देश कुवैत के फ्लाइट राइट्स में बढ़ोत्तरी की गई है. भारत और कुवैत के बीच साप्ताहिक सीटों की संख्या पहले 12,000 थी, जिसमें अब 50 प्रतिशत की वृद्धि की गई है. इसके बाद दोनों देशों की एयरलाइंस प्रति सप्ताह 18,000 सीटों का इस्तेमाल कर सकेंगी. इस समझौते पर…

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Air India crash: ‘Don’t jump to any conclusion’, says aviation minister Ram Mohan Naidu on AAIB’s preliminary report | India News – Times of India

Air India crash: ‘Don’t jump to any conclusion’, says aviation minister Ram Mohan Naidu on AAIB’s preliminary report | India News – Times of India

File photo: Union aviation minister Ram Mohan Naidu (Picture credit: ANI) NEW DELHI: Union aviation minister Ram Mohan Naidu urged people Saturday not to “jump to any conclusion” regarding the AI-171 crash and “wait for the final (probe) report”, his comments coming hours after Aircraft Accident Investigation Bureau (AAIB) made public a preliminary report on…

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‘Don’t jump to any conclusion’: Civil aviation minister reacts to AI 171 crash probe report; calls it ‘preliminary’ | India News – Times of India

‘Don’t jump to any conclusion’: Civil aviation minister reacts to AI 171 crash probe report; calls it ‘preliminary’ | India News – Times of India

NEW DELHI: Union civil aviation minister Ram Mohan Naidu Kinjarapu on Saturday said that the preliminary report released by the Aircraft Accident Investigation Bureau (AAIB) into the Air India Flight 171 crash is not the final assessment of the incident. The investigation remains ongoing, the ministry said.“This is a preliminary report. At the ministry, we…

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Parliament panel quizzes aviation brass: MPs seek updates on AI-171 crash probe; raise alarm over airfare surge | India News – Times of India

Parliament panel quizzes aviation brass: MPs seek updates on AI-171 crash probe; raise alarm over airfare surge | India News – Times of India

NEW DELHI: A Parliamentary Panel on Tuesday questioned top officials from the aviation ministry, airline, and airport representatives over the Air India plane crash, news agency PTI reported citing sources.The agenda of the meeting was to take oral evidence from representatives of the ministry, DGCA, AERA, AAI, AAICLAS, BCAS, and other concerned organisations, including airport…

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