New Delhi, Feb 24 (IANS) India’s aviation industry is expected to cut net losses by one-third to Rs 110–120 billion in 2026‑27 as domestic passenger traffic growth will recover to 6–8 per cent, a report said on Tuesday.The report from ICRA said the current losses at Rs. 170–180 billion will see a huge cut as domestic traffic touches 175–179 million passengers in 2026-27.The international air passenger traffic growth for Indian carriers is expected to remain relatively stronger, aided…
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New Delhi, Jan 28 (IANS) Prime Minister Narendra Modi said on Wednesday that India is emerging as a major aviation gateway between the Global South and the world, with major opportunities for investors and manufacturers connected with the aviation industry.Addressing the Wings India 2026 programme at Hyderabad via video conferencing, the Prime Minister welcomed industry leaders, investors and experts, noting that the next era of the aviation industry is full of aspirations and India is emerging …
New Delhi, Jan 25 (IANS) Russia’s decision to showcase its civil aircraft, the Ilyushin IL-114-300 and the Superjet SJ-100, at Wings India 2026 in Hyderabad marks a new phase in India–Russia economic cooperation, with a clear focus on civil aviation, a report has said.The move signals Moscow’s intent to tap into India’s fast-growing regional aviation market through long-term industrial partnerships rather than a simple aircraft sales push, according to The Sunday Guardian report.So far, …