New Delhi, July 10 (IANS) India can turn its vast agricultural waste and low-cost green hydrogen into sustainable aviation fuel (SAF) through a power-and-biomass-to-liquids industry, according to a report co-authored by India Energy and Climate Centre, the UC Berkeley Goldman School of Public Policy, and the Energy Innovation Policy and Technology.India faces several threats from its rapid development, including increasing reliance on imported crude oil, worsening air pollution from agricultural…
Latest Aviation Sector News & Updates
Mumbai, July 4 (IANS) India’s aviation sector saw a gradual recovery in international traffic in May over easing geopolitical tensions in West Asia and continued to witness strong domestic demand, a report said on Saturday.Easing geopolitical tensions facilitate gradual normalisation of international flight operations, while lower fuel costs support airlines despite continued pressure from a weak rupee on aircraft leases, maintenance and other dollar-denominated operating expenses, the report …
New Delhi, June 25 (IANS) The government may soon ask airlines to review and reduce surge pricing and additional passenger charges if the recent decline in crude oil and aviation fuel prices proves to be sustainable, Civil Aviation Minister K Ram Mohan Naidu said on Thursday.The Centre is closely monitoring trends in aviation turbine fuel (ATF) prices and has initiated discussions with airlines to assess whether the current easing in fuel costs is likely to continue over the long term.“At pres…
New Delhi, May 19 (IANS) The Supreme Court on Tuesday allowed beleaguered low-cost airline SpiceJet and its Chairman Ajay Singh to approach the Delhi High Court for modification of a direction requiring a cash deposit of Rs. 144.51 crore in its long-running arbitration dispute with Kalanithi Maran and Kal Airways Private Limited. A bench of Justices P.S. Narasimha and Alok Aradhe disposed of the special leave petition (SLP) filed by SpiceJet and Ajay Singh, permitting them to approach the Delhi …
New Delhi, May 17 (IANS) Welcoming the Delhi government’s decision to reduce Value Added Tax (VAT) on Aviation Turbine Fuel (ATF) from 25 per cent to 7 per cent, Union Civil Aviation Minister Ram Mohan Naidu said the move would provide much-needed support to airlines amid global cost pressures and help ensure affordable connectivity for passengers.In a statement, the minister appreciated the “timely decision” taken by Delhi Chief Minister Rekha Gupta and the Delhi government, saying the re…
Bengaluru, May 16 (IANS) Kempegowda International Airport (BLR Airport) in Bengaluru has crossed the milestone of handling 400 million passengers since its opening, while recording strong growth in passenger traffic and cargo operations during the financial year 2025–26, according to Bangalore International Airport Limited (BIAL), as stated by the Chief Ministers’ Office (CMO) on Saturday. The achievements and performance highlights were reviewed during the 134th Board Meeting of BIAL, chaired…
Gandhinagar, May 8 (IANS) Union Minister of Civil Aviation Ram Mohan Naidu Kinjarapu said on Friday that India’s commercial airlines currently have outstanding deliveries of 1,640 aircraft, which translates into a $50 billion opportunity for the country’s leasing ecosystem over the coming decade. Addressing the India Aircraft Leasing and Financing Summit 2.0 at GIFT City here, the minister said India’s commercial aircraft fleet is expected to reach 1,100 aircraft by 2027 and expand to o…
Gandhinagar, May 8 (IANS) Union Civil Aviation Minister Kinjarapu Ram Mohan Naidu said on Friday that seaplane operations will soon begin in Lakshadweep as part of India’s broader strategy to enhance regional air connectivity and diversify aviation infrastructure. Addressing the gathering at ‘India Aircraft Leasing and Financing Summit 2.0’ in GIFT City, the Union Minister added: “India’s aviation expansion is no longer limited to traditional aircraft operations but is extending to helicopters, …
Gandhinagar, May 8 (IANS) More than 370 aviation assets worth nearly $5.8 billion have been leased through the International Financial Services Centre (IFSC) at GIFT City, Gujarat Chief Minister Bhupendra Patel, said on Friday while addressing the India Aircraft Leasing and Financing Summit 2.0.Speaking at the summit in GIFT City, Patel said the aviation leasing sector in India was expanding rapidly and that the IFSC had emerged as a major platform for aircraft leasing and financing activity in …
New Delhi, May 7 (IANS) Operation Sindoor deepened Pakistan’s economic stress in 2026, with investor sentiment, tourism, the aviation sector and exports emerging as major casualties of the military initiative, a report has said.The report by Greek media house Greece City Times said the May 2025 military operation raised inflation, slowed growth, eroded confidence and worsened the country’s already fragile macroeconomic fundamentals.It intensified uncertainty for an economy already grappling …