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AIRLINE GROWTH ROADMAP
Assam emerges as concert hub; Rs 700 crore opportunity seen in 5 yearsAssam is becoming a top live entertainment hub in India. Progressive policies and infrastructure are boosting the economy and tourism. A re...
Cabinet clears Emergency Credit Line Guarantee Scheme 5.0 to cushion MSMEs, airlines amid Gulf warThe government has approved a new credit scheme, ECLGS 5.0, to support airlines and small businesses facing economic challenges. This initi...
Just passion, perseverance not enough. Vivek Oberoi, who has Rs 1200 crore net worth, reveals why people fail - ‘You are working 25 hours a day but if….’Vivek Oberoi has transitioned from a popular actor to a successful businessman with a diverse investment portfolio. He emphasizes genuine e...
IHCL's diversification strategy shields growthIHCL MD and CEO Puneet Chhatwal said escalating West Asia tensions may impact global travel in the near term, but the hospitality sector re...
Air India working on revised plan for profitabilityAir India anticipates profitability to be at least three to four years away, projecting a loss exceeding Rs 15,000 crore for the fiscal yea...
Akasa Air completes strategic investment transactions; Premji Invest, 360 ONE Asset among new investment partnersAkasa Air has finalized strategic investment deals, welcoming Premji Invest, 360 ONE Asset, and Dr. Ranjan Pai's investment office as partn...
IndiGo shares FY30 roadmap ahead of investor meet, stock surges by 2%IndiGo shares surged 2.33% after the airline unveiled an ambitious FY30 growth roadmap. It plans to carry 118 million passengers in FY25, e...
Tata Technologies to drive aerospace growth amid supply chain crisis, airline cabin refurbishmentsTata Technologies is set to experience significant growth in the aerospace sector due to a supply chain crisis. The company has partnered w...
Air India selects IBS Software's iCargo platform to support expansion of its cargo operationsAir India and IBS Software revolutionize air cargo operations, setting new industry standards and propelling growth with cutting-edge techn...
How Tatas are trying to turn around slow and heavy Air IndiaAir India, which was burning taxpayer's money with piling losses and debt, is now on a multi-stage transformation roadmap towards becoming ...
Air India seeks to onboard more than 1,000 pilots amid staff dissent on salariesThe carrier, which was taken over by the Tata Group in January last year, is hiring more than 1,000 pilots, according to an advertisement o...
Air India, Sabre sign multi-year deal for global access to fares and seatsAir India has signed a multi-year agreement with Sabre, which will enable travel agents and corporations worldwide to access the Indian air...
Air India done with first phase of its 5-year turnaround plan. What is next on the cards?After the conclusion of the first phase of its transformation plan Vihaan.AI, the airline said that it will focus on the next phase of the ...
Air India receives strong response to its talent augmentation initiativeThe airline, which had not recruited in non-operations areas for more than 15 years, is rapidly adding talent in all spheres of its busines...
Vihaan.AI - the dawn of a new era: Air India unveils 5-point plan to transform itself in 5 yearsThe airline plans to increase its domestic market share to 30 percent in the next five years. The airline also plans to increase its intern...
AAI signs technical assistance pact with BoeingThe 10-year modernisation roadmap will be undertaken with a grant from the US Trade and Development Agency (USTDA), a release said.
Govt to split Air India into four parts ahead of saleThe core airline business comprising Air India and Air India Express will be offered as one company, and the process will be completed by t...
Government to soon announce measures to curb high airfares: MinisterAviation regulator DGCA had last week said that discussions need to be held with airlines before any decision on fixing upper cap on ticket...
Dubai-based Martin Consultingto conduct aviation studyThe study would map the real dynamics of the segment, identify challenges that are affecting its growth while bringing out a list of immedi...
Budget 2015: No major relief for struggling aviation sector, say experts"Overall, nothing to write home about. India's troubled aviation sector will continue to struggle for another year," Amber Dubey said.