The increase — from Rs 1,800 cr to around Rs 6,000 cr — will be driven by various factors like expansion of fleets & ongoing investment in airports, says CRISIL Ratings report.
Under current regulation, airfares aren't regulated by govt or DGCA. On 5 June, civil aviation minister Jyotiraditya Scindia told airlines to keep fares on particular routes 'within limit'.
The civil aviation minister said conditions were ripe for a 'leap of faith' by both jet makers as India's fast-growing aeronautical industry reaches an 'inflection point'.
Almost all other Indian carriers are expected to order new aircraft in the next 24 months. India needs to add at least 500 planes to manage growing demand, says an aviation expert.
The vaccine news has prompted a spate of technology-led moves to devise mechanisms to monitor travelers’ Covid credentials and combat false claims from people desperate to fly.
Despite less intense outbreaks in these cities, a recent uptick in cases in Hong Kong proved enough to delay the start of the air corridor between the two financial hubs.
Indian govt officials last month skipped Turkish National Day celebrations in Delhi, in a message to Ankara following its support for Islamabad, particularly during Operation Sindoor.
Bihar is blessed with a land more fertile for revolutions than any in India. Why has it fallen so far behind then? Constant obsession with politics is at the root of its destruction.
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