Mumbai, March 27 Ratings agency ICRA on Friday revised its outlook on the Indian aviation industry to negative from stable, citing disruptions in international airspace following the escalation of geopolitical tensions in West Asia.The revision in outlook is also due to a sharp depreciation of...
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airline profitability
atf prices
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dgca
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fuel surcharges
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icra ratings
indian aviation industry
jet fuel (atf)
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west asia
Mumbai, March 27 Ratings agency ICRA revised its outlook on the Indian aviation industry to negative from stable on Friday, citing disruptions in international airspace following the escalation of geopolitical tensions in West Asia.The revision in outlook is also due to a sharp depreciation of...
air passenger traffic
airfares
airlines
currency depreciation
dgca airfare caps
financial performance
flight cancellations
fuel surcharges
geopolitical tensions
icra ratings
indian aviation industry
industry outlook
jet fuel prices
rupee depreciation
west asia
Mumbai, March 24 The country's largest airline, IndiGo, said on Tuesday that international flights in the summer schedule will vary depending on the situation in the Middle East, and that demand will be affected if costs continue to rise, which would push airfares higher.The escalating...
New Delhi, March 13 IndiGo will start charging fuel surcharges ranging from ₹425 to ₹2,300 on domestic and international flight tickets from March 14, amid a sharp increase in jet fuel prices due to the West Asia crisis.This move will increase airfares, and comes three days after Air India...
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southeast asia
New Delhi, March 11 Rajya Sabha Congress MP Shaktisinh Gohil expressed concern on Monday over the safety of Indian students studying abroad and the exorbitant airfares being charged from people returning from Dubai amid ongoing tensions in West Asia.Raising the issue during the Zero Hour in...
The Ministry of Civil Aviation is closely tracking the evolving situation in West Asia, which is affecting air travel between India and the West Asian region. Airlines are making necessary operational adjustments to ensure passenger safety and the smooth operation of flights, given the current...
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New Delhi, March 8 Indian airlines cancelled 279 international flights on Sunday due to the Middle East conflict, while the Civil Aviation Ministry said it is closely monitoring the situation.The airlines plan to operate 50 flights from the region on Monday, the ministry said, adding that it...
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Ahmedabad, March 7 Airfares on major routes to Ahmedabad, which will host the T20 World Cup final between favorites India and New Zealand on Sunday, have skyrocketed, with cricket fans flocking to the city.The surge in travel demand has prompted the Indian Railways to introduce special trains...
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Indian airlines are scheduled to operate 58 flights between India and the Gulf region today to facilitate the movement of stranded passengers in West Asia due to the ongoing conflict.The Ministry of Civil Aviation stated in a press release that Indian carriers are planning to operate 58...
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New Delhi, March 3 The government said on Tuesday that airlines have made calibrated adjustments to their schedules and plan to operate 58 flights on March 4 amid the Middle East crisis."Special arrangements are being made to facilitate the movement of stranded passengers, with airlines...
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New Delhi, February 23 – The Central government informed the Supreme Court on Monday that the issue of fluctuating airfares and additional fees charged by private airlines during festive seasons and holidays is being examined at the highest level.A bench of Justices Vikram Nath and Sandeep...
New Delhi, February 9 The total loss incurred by Indian airlines amounted to ₹5,289.73 crore in the last fiscal year, with the Air India Group alone accounting for ₹9,808.12 crore of the total loss, according to official data.Out of the 11 operators, 4 reported a profit – IndiGo, Blue Dart...