On Sunday, IndiGo announced that it is exploring the possibility of codeshare connectivity to the US and Canada in collaboration with Turkish Airlines. Additionally, the airline has received approval from the civil aviation ministry to wet lease up to two planes for flights to the United States and Canada, according to a senior official who
According to sources, India is exploring opportunities to collaborate with global aircraft manufacturers, such as Embraer SA and Sukhoi from Russia, to establish local production of small aircraft. The aim of this move is to enhance connectivity in remote and small towns across the country. Requested anonymity due to the early stage of discussions, the
According to industry sources, IndiGo, a budget airline based in India, is reportedly engaging in discussions with Boeing and its present supplier Airbus to procure over 500 passenger planes. Last month, French Finance Minister Bruno Le Maire revealed that IndiGo, India’s biggest airline, was on the verge of placing an order for several hundred planes
Cochin International Airport Ltd (CIAL) has announced its summer schedule for this year, starting on March 26 and ending on October 28. Every week, the airline plans to operate around 1,500 flights as part of its schedule, which includes a total of 1,484 flight services. Of these flights, 31 airlines will be offering 332 weekly
Vistara, the full-service airline established as a collaboration between the Tata Group and Singapore Airlines, is broadening its international offerings in the Gulf region by launching a daily non-stop flight connecting Mumbai and Dammam in Saudi Arabia. The new service, which commences on March 1, will be serviced by A320 neo aircraft. Vinod Kannan, the
During the opening session of the Global Investors Summit 2023 in Visakhapatnam, GM Rao, the Chairman of GMR Group, announced that the company would be investing Rs 5,000 crore in the development of an international airport at Bhogapuram, near Visakhapatnam. They will construct the airport in phases, and the first phase will serve up to
Crisil, the credit rating agency, released a report on Wednesday projecting that the domestic airlines’ industry will return to profitability in the next fiscal year, marking the first time since the Covid outbreak. The industry is expected to benefit from reduced cost pressures and a decrease in leverage, which will support credit profiles. The report
On Wednesday, Akasa Air announced its intention to order a fleet of aircraft numbering in the hundreds by the end of the year. The company’s Founder and CEO, Vinay Dube, shared plans to expand globally by year-end and establish a learning academy in Bengaluru. During a press conference, Dube disclosed that Akasa has purchased a
Singapore Airlines (SIA) and Tata Sons have agreed to a deal that will inject an additional SGD 360 million (USD 267 million) into Air India. This investment will give SIA a 25.1 percent stake in the combined entity of Air India and Vistara Airlines following their takeover and merger by Tata. Singapore Airlines and Tata
Tony Fernandes, AirAsia CEO, believes that high airfares are here to stay as airlines seize the opportunity presented by the post-pandemic travel boom to impose higher rates. In a discussion with Bloomberg Television from the Aviation Festival Asia in Singapore, Fernandes noted that the fare environment is very good and that airlines have been too
