Budget 2026: Aviation industry gets wings with duty-free manufacturing pushUnion Budget 2026: Finance Minister Nirmala Sitharaman announced customs duty exemptions. These aim to boost domestic manufacturing in civi...
02 Feb, 2026, 02.05 PM IST
Rivals see little upside in taking IndiGo’s vacated slotAirlines are reluctant to take up around 700 airport slots surrendered by IndiGo as the government’s proposal appears to be valid for only ...
24 Jan, 2026, 10.18 AM IST
Increase in size will result in profitability: Akasa Air CFO Ankur GoelAkasa Air anticipates a significant capacity boost this fiscal year, exceeding 30%, driven by increased aircraft deliveries from Boeing. De...
23 Jul, 2025, 02.11 PM IST
Carriers, online travel agencies rev up as burgeoning corporate travel offers rich pickingsIndia's corporate travel market is experiencing a surge as business travel rebounds, leading to fierce competition among online travel agen...
11 Nov, 2024, 06.00 AM IST
Akasa Air FY24 revenue soars 339%, losses up over two-foldAkasa Air saw a significant revenue increase to ₹3,069.6 crore in FY24, but losses also grew to ₹1,670.1 crore due to rapid expansion. Desp...
05 Nov, 2024, 08.34 AM IST
Nearly 50 flights receive bomb threats on Tue; around Rs 600 cr loss likely for airlines in 9 daysIn less than 24 hours, around 80 flights faced bomb threats, causing significant disruptions. Although these threats were hoaxes, they led ...
23 Oct, 2024, 11.33 AM IST
Akasa Air partners with Rolls-Royce for engine leasing dealIn a strategic move to bolster its operational efficiency, Akasa Air has entered into a partnership with Rolls-Royce & Partners Finance Eng...
09 Oct, 2024, 06.13 PM IST
Alliance Air gets funding of Rs 11,158 crore from governmentThe country's government-owned airline, Alliance Air, received a vote of confidence in the interim budget with an infusion of ₹1,158 crore ...
02 Feb, 2024, 12.17 AM IST
AWG downgrades India again as lessors fail to get back planes from Go FirstGlobal watchdog group Aviation Working Group (AWG) downgraded India to "negative" from "positive" on Thursday as foreign lessors have not b...
07 Dec, 2023, 06.34 PM IST
Akasa Air has ample fuel to go for three-digit aircraft order, says CEO DubeIndian airline Akasa Air is set to place a "three-digit" aircraft order by the end of the year as it enjoys a solid cash position following...
13 Jul, 2023, 02.47 PM IST
Akasa Air: An airline with Jhunjhunwala's Midas touch is flying high. Where is it headed?Akasa Air, India's young airline, has become the first airline in the global aviation industry to increase its fleet from zero to 20 aircra...
23 Jun, 2023, 03.54 PM IST
India’s Akasa Air in talks for follow-on Boeing jet orderFunding is one obstacle, after the death of Akasa’s billionaire founder and the failure of India’s Go Airlines, they said, adding there’s n...
19 Jun, 2023, 07.57 PM IST
StanChart closes operating lease of 5 aircraft with Akasa AirAs part of the deal, structured, financed and arranged exclusively by Standard Chartered Aviation Finance, the first four aircraft were del...
03 Apr, 2023, 04.47 PM IST
Fluttering airlines receive enhanced emergency credit limits as costs continue to growThe airline is idling over half its capacity following a series of malfunctions that the aviation regulator traced back to aircraft not hav...
06 Oct, 2022, 11.29 PM IST
Rakesh Jhunjhunwala will use stock options to lure staff for his airlineThe carrier, which is preparing to start flying in late May, is taking the unusual approach of granting company shares to a bigger pool of ...
04 Feb, 2022, 01.40 PM IST
FM Nirmala Sitharaman meets delegation led by Rakesh JhunjhunwalaThe meeting comes a day after Rakesh Jhunjhunwala met Prime Minister Narendra Modi on Tuesday.
06 Oct, 2021, 03.20 PM IST
A deal with Rakesh Jhunjhunwala's new airline could give Boeing the wings it badly needsThe 737 Max was grounded in 2019 following two deadly crashes that killed 346 people. Its return has taken longer in Asia-Pacific than in o...
12 Aug, 2021, 11.53 AM IST