IndiGo said it plans to have 30-40 percent of its total fleet under ownership by FY30, with the remaining aircraft on operating leases. In a presentation at Analysts Day earlier this month, it said that in fiscal 2026, the ownership…
Civil aviation analysts have slammed the interim report on last year’s Air India (AI) crash, released on the first anniversary of the crash on June 12. Commenting on the interim report, Captain P.P. Singh, Former Accountable Manager, Jet Airways, said…
The Delhi-based low-cost airline, SpiceJet, is to take three Airbus A320ceo aircraft on a damp lease. It has also brought a grounded Boeing 737 MAX 8 back into operation. A damp lease means that the company from which the Indian…
The Indian government has approved a one-time budgetary support of up to Rs 100 billion for oil marketing companies (OMCs) to provide Aviation Turbine Fuel (ATF) price stabilization support to scheduled Indian airlines for their domestic and international operations .…
Delhi-based low-cost airline IndiGo has reported a net loss of Rs 23.96 billion for the year ending March as compared to a profit of Rs 72.58 billion previously, the airline reported on Friday. The airline said that the “exceptionally sharp…
Indian airlines are cutting back on domestic flights till August as rising crude prices are making it difficult for them to manage operational costs. The temporary cut-back in flights begins from June this year. IndiGo plans to reduce between five…