Alpha Wave Global, Premji Invest, Temasek and BlackRock-managed funds are set to collectively acquire about 5.54% of Adani Airport Holdings Limited following completion of three investment tranches Adani Airport Holdings Limited (AAHL), a subsidiary of Adani Enterprises Limited, has entered […]
Adani Airports to raise about $1 billion in primary equity from investor consortium Read More »
InterGlobe Aviation Ltd, the operator of IndiGo, has approved an investment of USD 820 million in its wholly owned subsidiary, InterGlobe Aviation Financial Services IFSC Pvt Ltd, the company said in a regulatory filing. The board cleared the proposal at
IndiGo commits USD 820 million to expand aviation assets through subsidiary arm Read More »
SpiceJet has completed full repayment of $24 million to UBS owned Credit Suisse, settling a long-pending obligation The agreement was signed in May 2022. Credit Suisse/SR Technics had claimed $41.77 million from SpiceJet, and the parties agreed on $24 million
SpiceJet repays $24 million to Credit Suisse to settle dues Read More »
SpiceJet has signed an interline agreement with Bahrain’s national carrier Gulf Air This partnership will provide SpiceJet passengers seamless access to Gulf Air’s expansive network across the Middle East, Africa, Europe, and Central Asia via Bahrain, while Gulf Air customers
SpiceJet, Gulf Air Sign Interline Agreement to Enhance Global Connectivity Read More »
3-yr contract underscores Krystal’s expanding footprint in managing critical public infrastructure Integrated facility management solutions provider firm Krystal Integrated Services Limited (KISL) on July 10 said it has secured a Rs 20.26 crore contract from the Airports Authority of India
Krystal wins Rs 20.26 cr facility management contract for new terminal at Patna airport Read More »
The Indian aviation sector achieved a remarkable milestone on November 17, 2024, as 5,05,412 domestic passengers flew across the country in a single day. This is the first time domestic passenger numbers have crossed the 5-lakh mark. Over 3,100 flights
Indian Aviation Hits Historic High with Over 5 Lakh Passengers in a Day Read More »
New Delhi, September 16, 2024: India’s aviation sector has witnessed remarkable growth over the past decade, transforming from a niche service for elites into an inclusive and competitive industry. With government-backed initiatives and a surge in demand, India is now
UDAN Scheme Expands Regional Air Connectivity, Boosting Economic Growth Read More »
New Delhi, September 16, 2024: India’s aviation sector has made remarkable progress in the past decade, emerging as the third-largest domestic aviation market globally, trailing only the United States and China. This rapid transformation has been driven by the Indian
India’s Aviation Industry Ascends to Global Heights as Third-Largest Market Read More »
NEW DELHI, 9 September 2024: India is gearing up for a massive expansion in its aviation infrastructure, with the government envisioning the operation of 350 to 400 airports over the next 20 to 25 years. This ambitious plan was revealed
