New Delhi, July 27 (IANS) Air India announced on Monday that it entered a memorandum of understanding (MoU) with the Ministry of Tourism to jointly promote India as a premier global tourism destination and to strengthen the country’s position as a key aviation and transit hub.The MoU establishes a framework for coordinated initiatives across tourism marketing, trade engagement, transit tourism and visitor‑experience enhancement, the statement from Air India said.It will leverage Air India’…
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New Delhi, July 22 (IANS) Visakhapatnam retained the top spot among India’s non‑metro job markets among the fastest‑growing smaller cities for hiring and migration, a report said on Wednesday.The report from professional networking platform LinkedIn said Visakhapatnam was followed by Ludhiana, Surat, Vadodara and Prayagraj — occupying the top five positions.It underscored the rise of non‑metro hubs that are expanding beyond legacy industries. Technology, financial services, manufacturi…
New Delhi, July 17 (IANS) The modified UDAN Scheme (Ude Desh ka Aam Nagrik), launched with an outlay of Rs 28,840 crore to bring more regional towns on the country’s air map, envisions the building of 100 new airports and 200 modern helipads as part of the another transformative aviation journey in India, according to a factsheet issued by the government on Friday.The earlier Regional Connectivity Scheme (RCS) – UDAN, which was launched in October 2016, was a major step towards making air tr…
Washington, June 30 (IANS) The US Embassy in New Delhi has attracted $20.5 billion in new investments into the United States this year, making it the top-performing American diplomatic mission globally in promoting investment, US Ambassador to India Sergio Gor said.Speaking at the US-India Strategic Partnership Forum (USISPF) Leadership Summit, Gor said the achievement reflected growing confidence among American companies in India and the strengthening economic relationship between the two count…
New Delhi, June 29 (IANS) In a landmark achievement for Indian aviation, an IndiGo Airbus A320 has successfully completed a satellite-guided landing using India’s homegrown GAGAN navigation system. The demonstration flight, conducted on June 27 under the supervision of the Directorate General of Civil Aviation (DGCA), marks the first time a commercial jet in the country has landed using this technology. Unlike the traditional Instrument Landing System (ILS), which depends on ground-based radio e…
Mundra (Gujarat), June 23 (IANS) In a bid to unlock unprecedented economic potential for the Kutch region in Gujarat, Adani Mundra Airport on Tuesday announced the launch of its inaugural scheduled flight service, connecting Mumbai and Goa.The pivotal air link, established in a strategic partnership with Star Air, is set to transform the region into a fully integrated, multi-modal logistics and business hub.The launch of eight new air services by Star Air from the state-of-the-art terminal, begi…
New Delhi, June 7 (IANS) Global airlines’ 2026 net profit forecast has been halved to $23 billion from $45 billion in 2025 due to escalating fuel costs driven by the Middle East conflict, according to an IATA outlook report released on Sunday.The International Air Transport Association (IATA), which represents more than 370 airlines accounting for about 85 per cent of global air traffic, said in its annual report, released in Rio de Janeiro, that it now expects the industry to post a combi…
New Delhi, June 4 (IANS) Amid the evolving situation in West Asia, the Centre on Thursday assured that all refineries in the country are operating at high capacity with adequate crude inventories, while sufficient stocks of petrol, diesel, and LPG are being maintained to ensure uninterrupted supply across sectors.In a related development, the Civil Aviation Ministry announced that the Union Cabinet has approved a one-time budgetary support mechanism of up to Rs 10,000 crore to provide ATF price …
New Delhi, May 9 (IANS) PHD Chamber of Commerce and Industry (PHDCCI) on Saturday welcomed the government’s decision to approve a Rs 5,000 crore emergency credit support scheme for airlines under ‘ECLGS 5.0’ to address the financial and operational stress arising from the ongoing West Asia crisis.Rajeev Juneja, President, PHDCCI, said, “The Government’s swift intervention through the Rs 5,000 crore emergency credit scheme demonstrates strong policy responsiveness towards one of the most cr…
New Delhi, May 1 (IANS) Aviation turbine fuel (ATF) prices for foreign carriers were raised by around 5 per cent on Friday — marking the second consecutive monthly increase, even as domestic airlines were shielded from any revision.State-run oil marketing companies, including Indian Oil Corporation, revised the rates in line with elevated global energy prices.The hike applies only to international operations and foreign carriers, while ATF prices for domestic airlines remain unchanged.In Delhi,…