The domestic airlines industry is projected to post a loss of Rs 15,000-17,000 crore in the current fiscal as their financial performance is likely to remain under pressure in the near term, a report said on Friday.
Since the first iPhone launched 15 years ago, consumer shopping habits have slowly but relentlessly shifted toward mobile devices.
Air passenger traffic volume is expected to recover to the pre-pandemic level, implying a robust 75 per cent year-on-year growth this fiscal, a report said on Monday.
Prime Minister Narendra Modi on Tuesday described the number of daily domestic air passengers nearing the pre-COVID level as a “great sign” and said the focus is on improving connectivity across the country.
Indian airlines carried 1.01 crore passengers in August, reflecting a more than 4 per cent growth in domestic air traffic compared to the previous month.
There have been various incidents of bird hits during the last few weeks. On August 4, Go First’s flight to Chandigarh returned to Ahmedabad on Thursday after suffering a bird hit.
Limits imposed on domestic airfares will be removed from August 31, after a span of approximately 27 months, the Union Aviation Ministry said on Wednesday.
Aviation regulator DGCA, on Wednesday, ordered SpiceJet to operate maximum 50 per cent of its flights, which were approved for summer schedule, for a period of eight weeks.
SpiceJet’s Delhi-Dubai flight was on Tuesday diverted to Karachi as the fuel indicator started malfunctioning, officials of the aviation regulator DGCA said.
The J&K Haj Committee on Tuesday asked the selected Haj pilgrims to deposit arrangement dues, including insurance premium, transport charges from and other charges in the Committee’s bank account.
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