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INDIA AVIATION INDUSTRY
India proposes 1% mandatory blending of green jet fuel from JanuaryIndia has introduced a draft policy for the mandatory blending of sustainable aviation fuel for international flights. The initial blending...
US slaps sanctions on Indian, Turkish firms and people for aiding IranThe sanctions are part of the Trump administration's "Operation Economic Outcast," which aims to cut off Iran's ability to sell oil to fund...
SpiceJet’s meltdown: Rs 5,500 crore raised, but where did the money go?SpiceJet's mounting financial crisis raises serious questions over the fate of more than Rs 5,500 crore raised in recent years, its unpaid ...
Government prepares draft sustainable aviation fuels policy; moots mandatory blending in ATF from 2027The civil aviation ministry has circulated the draft National Policy on Sustainable Aviation Fuels which mandates use of only indigenously ...
S&P affirms Reliance Industries' 'A-' credit rating, cites Jio listing, stronger earningsS&P Global Ratings has affirmed Reliance Industries’ (RIL) ‘A-’ long-term issuer credit rating with a stable outlook, citing resilient earn...
Air India CEO targets lower costs, higher passenger yields to steer airline towards profitabilityAir India CEO Tewolde Gebremariam said the airline is working to reduce operating costs and improve passenger yields as it pursues a financ...
Indian oil refiners expect healthy margins amid global supply disruptionsA combination of these factors offer Indian refiners an opportunity to capitalise on stronger diesel, gasoline and aviation turbine fuel (A...
Delhi airport working with regulators to further ease security clearance for transfer passengersDelhi airport is working with security regulators to ease clearance procedures for transfer passengers, who account for 30-35% of its annua...
Airbus wants more 'Made in India' aircraft parts: From titanium to complex assemblies, here's what company plans to source nextAirbus plans to increase its annual sourcing of components and services from India to USD 2 billion before 2030, up from the current USD 1....
Adani Defence plans MRO for narrow-body aircraft enginesIndia is one of the world's fastest growing civil aviation markets and the country's commercial aircraft fleet is projected to triple to 2,...
Rs 600 for 1,000 km journey: Nitin Gadkari proposes Rs 3 per unit for EV charging at night and Rs 5 during the day to boost electric vehicle adoptionUnion Minister Nitin Gadkari has suggested Maharashtra Chief Minister to charge Rs 3 per unit for electric vehicle (EV) charging at night a...
FPI holding hits multi-year lows in 70% of top 100 Indian companiesForeign investors have significantly reduced their holdings in nearly 70% of India's leading companies in recent years. Major firms, includ...
Navi Mumbai airport presents big opportunity for IndiGo, says CEO Willie WalshIndiGo sets its sights on enhancing its international long haul network by shifting some flights to Navi Mumbai airport. Willie Walsh, the ...
Reliance Industries expands fuel exports to Africa, Europe as West Asia conflict disrupts suppliesReliance Industries has redirected fuel exports to Africa, the Mediterranean and other European markets to capitalise on supply disruptions...
IndiGo may hike ticket prices to offset soaring fuel bills, says CEO Willie WalshAmidst escalating fuel prices that heavily strain profitability, IndiGo is looking at the possibility of raising ticket prices. The airline...
Iran war, rupee fall to push India airlines' losses to Rs 38,000 croreThe Indian aviation industry is expected to face significant financial challenges in the current fiscal year. A ratings agency has projecte...
Akasa Air hikes pilots' salaries by up to 15% to retain themThe revised pay structure will take effect January 1, 2027, with fixed monthly salaries increasing across all eight pilot grades, from firs...
Hardeep Singh Puri nominated for Rajya Sabha from Madhya Pradesh, ending uncertainty over his seatHardeep Singh Puri has been nominated by the Bharatiya Janata Party for the Rajya Sabha polls. He previously served as a member of the Rajy...
Indian petrol demand to peak by 2035, says top refiner Indian OilIndian petrol demand is projected to peak by the year 2035 as electric vehicles become more prevalent. The chairman of Indian Oil Corp high...
The grease hunters of Bengaluru want Leftover fryer oil to fuel India’s JetsBengaluru has become a hub for innovative biofuel initiatives as collectors harvest old cooking oil from restaurants for energy production....