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India’s Local Air Traffic to Double to 300 Million by 2030 | – Times of India

getworldnews1 year ago03 mins

[ad_1] HYDERABAD: Civil aviation minister Jyotiraditya Scindia said that India is poised to witness doubling of its domestic air passenger traffic from 153 million in 2023 to 300 million annually by 2030. Pointing out that India has emerged as the shining star on the global civil aviation firmament over the last decade, Scindia said the…

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  • Business

Mumbai airport 2023: Single-day air and passenger traffic hits a new high – Times of India

getworldnews1 year ago04 mins

[ad_1] MUMBAI: The year 2023 saw the Chhatrapati Shivaji Maharaj International Airport (CSMIA)-Mumbai once again handle over thousand flights in 24 hours on certain days. The last time the Mumbai airport handled over thousand flights per day was in the year 2018. This year though the airport broke its previous record. The highest passenger traffic…

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  • Business

Indian airlines likely to prune losses to Rs 3,000-5,000 cr this fiscal: ICRA – Times of India

getworldnews2 years ago08 mins

[ad_1] MUMBAI: Indian airline industry is expecting to prune its net losses to Rs 3,000-5,000 crore in this fiscal from an estimated Rs 17,000-17,500 crore in FY2023 on the back of improved yields and stable cost environment, credit ratings agency ICRA said on Tuesday. At the same time, ICRA also estimated that domestic air passenger…

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  • Business

In a 1st, IndiGo hits 10 crore annual flyers milestone – Times of India

getworldnews2 years ago01 mins

[ad_1] NEW DELHI: IndiGo has become the first Indian carrier to cross the 10-crore passenger mark in a calendar year. This feat was achieved when a passenger, Ritesh Banglani, checked in for 6E-6118 Delhi-Bengaluru flight on Monday. IndiGo had earlier become the first desi airline to cross Rs 1-lakh-crore in market capitalisation and to have…

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