Latest Aviation Market News & Updates

New Delhi, May 2 (IANS) The US-based low-cost airline Spirit Airlines on Saturday said it is shutting down operations and beginning an orderly wind-down after failing to secure a financial lifeline from lenders and the US government.The airline cancelled all scheduled flights with immediate effect and suspended customer support services, informing passengers that its website now carries details on refunds and further steps, according to reports.The decision comes after negotiations over a potent…

Hyderabad, Jan 29 (IANS) Global aerospace giant Airbus has projected India’s commercial aircraft fleet to triple in size to 2,250 aircraft over the next decade, as the country grows to become the third-largest civil aviation market in the world by 2035.This fleet expansion is driven both by the Indian aviation market boom and the Indian airlines’ ambition to expand on international routes, a top Airbus executive said on the sidelines of Wings India 2026, the aviation exhibition and summit, h…