TBM Staff - Mumbai ICRA, the credit rating agency, forecasted an 8 to 13 percent growth in Indian air passenger traffic for the fiscal year 2024, reaching between 150 to 155 million and exceeding the pre-pandemic figure of 141.2
TBM Staff - Mumbai In a significant development for the Indian aviation industry, a robust order book of 1,700 aircraft has been secured, marking a noteworthy expansion over the current fleet size, which stands at just over 600. The
TBM Staff - Mumbai IndiGo has removed fuel charge applicable on its on domestic and international routes. The fuel charge had been introduced in October 2023, following a surge in Aviation Turbine Fuel (ATF) prices. With recent reduction in
TBM Staff - Mumbai IndiGo has introduced a fuel charge of INR 1,000 on domestic and international routes, in order to check rising ATF (Aviation Turbine Fuel) prices. The decision follows the significant increase in ATF prices, which have
TBM Staff - Mumbai Indian airlines are expected to see a sharp drop in net losses to INR 5,000-7,000 crore this fiscal as they continue to witness healthy passenger traffic growth and improvement in their revenue, rating agency ICRA
TBM Staff - Mumbai The dip in the air turbine fuel (ATF) price and the continuation of this trend will benefit the aviation sector, Civil Aviation Minister Jyotiraditya Scindia has said. He said the fall in the ATF rates
