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April 1st, 2022 6:11 PM 0 COMMENTS

Aviation Sector Is Contributing Around 2% of All Man-Made CO2 Emissions

The aviation industry contributes to around 2% of worldwide anthropogenic carbon dioxide emissions, according to the government's report to Parliament on Thursday. In response to a question from the Rajya Sabha, Union Environment Minister Bhupender Yadav stated that carbon dioxide is by far the most concerning greenhouse gas. “According to the United Nations Framework Convention on Climate Change (UNFCCC), global warming is a result of greenhouse gas emissions due to... Read More

February 1st, 2022 6:35 PM 0 COMMENTS

Union Budget 2022-23: Civil Aviation Ministry Gets Rs 10,667 Crore, E-Passport to Be Released This Year

The Union Budget 2022-23 has allocated Rs 10,667 crore for the civil aviation ministry, a considerable increase from last year. In 2021-22, the government allocated Rs 3,224 crore for the civil aviation ministry. But several factors contributed to higher expenses last year, resulting in a revised expenditure of Rs 72,652 crore for 2021-22. Air India divestment, especially the allocation for Air India loans, grants in aid to Air India for... Read More

February 1st, 2022 3:44 PM 0 COMMENTS

Aviation Turbine Fuel Price Hiked by 8.5% to All-Time High

In another hit to the Indian aviation industry, the Government of India has hiked the price of Aviation Turbine Fuel (ATF) by 8.5% effective from today. Indian Oil Corporation (IOC) has also announced a price increase in the ATF following the government announcement. The new price in Delhi is Rs 86308.16 per kilolitre (kl), an increase by Rs 6743 per kl. This is the third time in the year that... Read More

January 19th, 2022 7:55 PM 0 COMMENTS

Airports and Airlines Will Prioritise Investments in IT for Digitalisation: Air Transport IT Insights 2021

The airports and airline CEOs are betting on technology to assist the aviation sector’s recovery from the COVID-19 pandemic, according to SITA’s 2021 Air Transport IT Insights. In this context, airlines may increase their spending on digitalisation by 2024. According to the report, nearly 84% of airlines and 81% of airports are expected to spend a similar range as that of the previous year in 2022 on automation requirements. Automation... Read More

January 14th, 2022 5:02 PM 0 COMMENTS

Airline Stocks Might be Puzzling Investors Right Now

The travel and tourism industry is bound to take a hit once the spread of COVID-19 intensifies further. Many say the third wave has already arrived or is about to take over India. Due to this, investor confidence in the airline businesses reduces significantly. The aviation sector was only trying to recover before the threat of the Omicron variant surfaced. On Friday, the last day of the week for the... Read More

December 30th, 2021 8:58 PM 0 COMMENTS

The Saga of Cheaper Air Tickets May End Soon

After the struggling pandemic period of two years, 2022 is looking brighter for the global aviation industry. With pandemic prompting shut down, the international passenger demand in 2020 was 25% lesser than that of 2019, according to the data released by the International Air Transport Association. The international and domestic routes have begun to reopen, and airlines have announced special ticket fare offers to lure passengers. Air travel is still... Read More

December 29th, 2021 9:12 PM 0 COMMENTS

AirAsia India Cleared Its Dues to AAI, Airline Says

Soon after news surfaced stating that AirAsia India’s credits to the Airport Authority of India (AAI) doubled for the tenure from January 2020 to October 2021, AirAsia India said it had cleared all dues. The airline said that it was making all payments according to the credit terms on due dates from September 2021. According to PTI, AirAsia India’s credit to AAI increased from Rs 1.47 crore in January 2020... Read More

July 16th, 2020 6:02 AM 0 COMMENTS

Aviation Industry Might Take 2 Years for Restoration

The outbreak of Covid-19 has disrupted the global aviation industry. Since various nations around the globe are following lockdown as precautionary measures to curb the deadly virus, the entire Aviation industry has been banned from commercial operations. Only special cargo and rescue flights are being operated to help people who are stuck at Covid-19 countries and supply essential medical kits. The editor of Jetforce Journeys.com addressed the BBC radio and... Read More

July 16th, 2020 4:57 AM 0 COMMENTS

ACI Appeals Indian Government to Defer Aviation Taxes

The Airport Council International (ACI) has appealed the government of India to defer the aviation specified taxes till December 31, 2020, to support the industry from operational losses and safeguard the interest of Airport’s business and working. The spread of the deadly Covid-19 has forced the government to declare 21 days lockdown to combat the virus. All the aviation operations have also been banned till April 14, 2020, except Cargo... Read More

April 4th, 2020 2:00 PM 0 COMMENTS

Ban On Flying Activity Results in 80% Of Aircraft Parked At Top 6 Airports

Impact of coronavirus has reached every part of the world. Businesses have taken a considerable hit and economies are falling. Amongst such business industries, the aviation industry in India has probably taken the worst blow. Indian aviation was still struggling with only one airline (IndiGo), making profits every quarter consistently when the Government imposed the lockdown. The three-week lockdown means that there can’t be any commercial airline activity, and this... Read More

June 7th, 2019 4:04 PM 0 COMMENTS

Passenger Numbers Could Double to 8.2 Billion in 2037: IATA

According to the International Air Transport Association (IATA), the passengers who choose air travel would become double to 8.2 billion by 2037. The recent update to IATA’s 20-Year Air Passenger Forecast anticipates a 3.5% compound annual growth rate (CAGR) over the next two years. The industry will generate more jobs and GDP growth. However, the report warned that the growth and economic prospects from air travel could be limited if... Read More

Editors Pick

Upcoming Greenfield Airports in India to Cater for the Needs of Growing Air Passenger Traffic

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