Domestic Air Passenger Traffic In India Surges In May, Reflecting Post-Pandemic Recovery
Recent data released by ICRA reveals a significant uptick in domestic air passenger traffic across India during the month of May.
DGCA Fines Air India Rs 1.10 Crore For Safety Violations
The regulator carried out a thorough investigation after receiving a voluntary safety report from an airline employee alleging safety violations of flights operated by Air India
Akasa Air Seeks $75-100 Million in Fresh Equity, Aims to Reduce Jhunjhunwala Family’s Ownership
Akasa Air, India's recently launched airline co-founded by the late billionaire investor Rakesh Jhunjhunwala, aims to secure $75-100 million in funding
April Aviation Data: Domestic Passenger Traffic Surges 22% on Year
In comparison to April of last year, India's domestic air traffic increased by 22%.
Go First Airline in Trouble as NCLT to Consider 2 Insolvency Petitions
Cash-strapped Go First airline faces legal battle in NCLT
Go First faces Aircraft Deregistration as Lessors Seek Action from DGCA
Lessors seek deregistration of 20 Go First aircraft amidst financial troubles
Aviation Sector Gains Momentum on Go First bankruptcy, IndiGo, SpiceJet Shares Fly
Aviation stocks rise with Interglobe Aviation (Indigo), Spicejet, Taal Enterprises, Jet Airways (India), and Global Vectra Helicorp all ranging from 2% to 6%.
India Emerging As Key Aviation Market: IATA Report
Domestic air passenger traffic for all markets measured for February rose 25.2 per cent compared to one year ago. Total February 2023 domestic traffic was at 97.2 per cent of the February 2019 level.
