Aviation News

Industry

Airlines, airports eye AI-led solutions to make air travel stress-free: SITA

SITA, which is working with state-run and private airports for Digi Yatra, plans to facilitate the biometric system at 10 more Indian airports this year. The company is also engaged in a government-led initiative to implement this for international travel.

2 min read17 Jul 2024
Industry

Why your festive season flights will cost more this year

Flights from Delhi to destinations such as Chandigarh and Bagdogra are up 10-20% from a year earlier, while from Mumbai, fares to Udaipur, Goa and Jaipur are up 10-13%

2 min read16 Jul 2024
Companies

SpiceJet net loss at ₹423 crore for FY24, vs net loss of ₹1,513 crore in FY23

SpiceJet has announced its earnings after a gap of more than six months.

2 min read15 Jul 2024
Industry

India prepares plan to double airports to 300 by 2047

A draft plan prepared by the Airports Authority of India (AAI) showed that around 70 airstrips can be developed into full-fledged airports which can handle narrow-body aircraft such as A320 or B737, and nearly 40 airstrips can be developed to handle smaller aircraft.

4 min read12 Jul 2024
Companies

Mint Explainer: Why SpiceJet repeatedly delays earnings announcements and how it pays the price

After delaying earnings announcements in each of the past two financial years, the airline is set to declare results for Q3 and Q4 of FY24 next week.

4 min read11 Jul 2024
Companies

Delhi HC begins contempt case against SpiceJet for not returning TWC’s assets

However, the Delhi high court clarified that if SpiceJet returns two airframes and three engines to lessor TWC Aviation Capital within nine days, contempt proceedings will be withdrawn.

2 min read9 Jul 2024
Companies

Once high-flying Boeing is now a corporate criminal

Its woes illustrate the excesses of a lean-and-mean era in corporate America

4 min read9 Jul 2024
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Companies

SpiceJet has not paid 11,581 employees’ provident fund dues for two and a half years: Report

The EPFO confirmed that the airline had not deposited provident fund dues of its 11,581 employees since January 2022.

1 min read8 Jul 2024
Industry

Bengaluru second airport: Karnataka to hold meeting for potential sites, says Minister

Bengaluru second airport: MB Patil, minister of Infrastructure Development of Karnataka announced on Sunday, July 7th, that the state government will soon hold a meeting to decide the location for the upcoming second airport for the city.

1 min read7 Jul 2024
Companies

European academy aims to ramp up pilot training in India

Leading European pilot training school BAA aims to capture 20-30% of India’s pilot training market over the next 5-10 years.

3 min read5 Jul 2024
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