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NewsDrum - Business - News Image
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14
BusinessApr 08, 2026 05:23 PM

Aviation stocks fly high: IndiGo ends over 8 pc higher, SpiceJet hits upper circuit limit

New Delhi, Apr 8 (PTI) Aviation stocks ended sharply higher on Wednesday following a steep decline in crude oil prices after the US and Iran announced a two-week ceasefire. Easing of geopolitical stress led to a sharp fall in Brent crude oil prices, which tumbled 14.12 per cent to USD 93.95 per barrel. InterGlobe Aviation, the parent firm of IndiGo, jumped 8.16 per cent to settle at Rs 4,616.60 on the BSE. During the day, it zoomed 10.98 per cent to Rs 4,737.40. The stock of SpiceJet climbed ...Read More >

LatestLY - Business - News Image
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28
BusinessApr 07, 2026 09:05 PM

India News | FIA Urges Calibrated and Reciprocal Action Against Temporary Foreign Aircraft Caps at D...

New Delhi [India], April 7 (ANI): The Federation of Indian Airlines (FIA), representing the country's leading scheduled carriers, Air India, IndiGo, and SpiceJet, urged the Ministry of Civil Aviation (MoCA) to initiate calibrated and reciprocal action against the temporary foreign aircraft caps imposed by UAE authorities at DXB (Dubai International) airport. This appeal comes amid the ongoing West Asia crisis, as the FIA seeks to address the competitive disadvantage faced by Indian airlines due ...Read More >

Asian News International (ANI) - Business - News Image
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BusinessApr 07, 2026 08:31 PM

Indian airlines body urges govt to ensure fair treatment after Dubai caps foreign flights

New Delhi [India], April 7 (ANI): The Federation of Indian Airlines (FIA) has urged the Ministry of Civil Aviation to adopt a "calibrated and reciprocal approach" after authorities at Dubai International Airport imposed temporary limits on the number of flights foreign airlines can operate. In a letter dated March 31 addressed to the ministry, the industry body representing Indian carriers flagged that the restriction could create an uneven playing field for domestic airlines operating to Dubai ...Read More >

NewsDrum - Business - News Image
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28
BusinessApr 07, 2026 08:29 PM

FIA seeks Centre's help on removal of Dubai airport authorities' capping on flight ops

Mumbai, Apr 7 (PTI) Airlines' grouping Federation of Indian Airlines (FIA) has sought the Centre's help in removal of restrictions of one rotation a day imposed on foreign carriers by Dubai Airport Authorities. In a communication to Civil Aviation Secretary last week, FIA, which represents Air India, IndiGo, and SpiceJet, said continuation of such restrictions on Indian carriers is already leading to anti-competitive market conditions and substantial revenue losses, among others. "As per the s ...Read More >

Asian News International (ANI) - Business - News Image
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18
BusinessApr 07, 2026 07:47 PM

FIA urges calibrated and reciprocal action against temporary foreign aircraft caps at Dubai airport

New Delhi [India], April 7 (ANI): The Federation of Indian Airlines (FIA), representing the country's leading scheduled carriers, Air India, IndiGo, and SpiceJet, urged the Ministry of Civil Aviation (MoCA) to initiate calibrated and reciprocal action against the temporary foreign aircraft caps imposed by UAE authorities at DXB (Dubai International) airport. This appeal comes amid the ongoing West Asia crisis, as the FIA seeks to address the competitive disadvantage faced by Indian airlines due ...Read More >

Abtak.com - Business - News Image
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19
BusinessApr 07, 2026 07:29 PM

First plane converted to seaplane in India has a test flight on Ganga Barrage

NEW DELHI: India on Monday for the first time saw a turboprop aircraft of a non-operational airline getting converted to a seaplane by getting floats affixed, and operating a test flight. The aircraft, a De Havilland Canada DHC-6 Twin Otter, conducted a test (maintenance) flight in Uttarakhand to and from the Ganga Barrage in Haridwar. Once approved, the plane, now belonging to Avani Singh-led SkyHop Aviation, will operate in Andaman and Nicobar once the airline gets its licence from the DGCA.Th ...Read More >

Free Press Journal - Business - News Image
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17
BusinessApr 03, 2026 10:06 PM

Aviation Ministry Hits Pause On 60% Free Seat Mandate After Airline Pushback; Tour Operators' Associ...

Mumbai: The Ministry of Civil Aviation (MoCA) suspended its recent directive that required domestic airlines to offer at least 60% of their aircraft seats without additional selection fees. The decision, issued on Thursday, puts the mandate in abeyance just 16 days after its initial announcement. The Indian Association of Tour Operators (IATO) welcomed the policy reversal and urged the government to offer seasonal subsidy foor passenger convenience. On Thursday, the ministry wrote to the Direct ...Read More >

The Times of India - Business - News Image
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31
BusinessApr 03, 2026 07:14 AM

Government puts on hold its order asking airlines to offer 60 per cent free seating

NEW DELHI: In a U-turn, the civil aviation ministry on Thursday put on hold its directive for airlines to offer at least 60% seats free of charge. Under intense cost-side pressure since the Iran war began, airlines had warned that this move to curb ancillary revenue would lead to additional fare hikes.The aviation ministry had on March 17 ordered the Directorate General of Civil Aviation (DGCA) to enact rules mandating the same. The regulator had then amended existing rules to implement at least ...Read More >

The Times of India - Business - News Image
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BusinessApr 02, 2026 11:03 PM

Govt does U-turn on 60% free seating order for airlines; puts it in abeyance

NEW DELHI: In a U-turn, the civil aviation ministry Thursday put on hold its directive for airlines to offer at least 60% seats free of charge. Under intense cost side pressure since the Iran war began, airlines had warned this move to curb ancillary revenue will lead to additional fare hikes.The aviation ministry had on March 17 ordered the Directorate General of Civil Aviation (DGCA) to enact rules mandating the same. Following that, the regulator had amended existing rules to implement at lea ...Read More >

Abtak.com - Business - News Image
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BusinessApr 02, 2026 02:34 PM

Commercial LPG rate hiked by ₹195, jet fuel price doubled to ₹2 lakh

Amid ongoing global energy supply disruptions, state-run oil marketing companies on Wednesday raised prices of commercial LPG and aviation turbine fuel (ATF), marking a significant increase across key fuel segments. The price of a 19kg commercial LPG cylinder was hiked by ₹195.5, taking the rate in Delhi from ₹1,883 on March 7 to ₹2,078.50 on Wednesday, a 10.4% increase. Commercial LPG is widely used by hotels, hostels and restaurants, and this is the second price hike in less than a month ...Read More >

The Hans India - Business - News Image
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BusinessApr 02, 2026 10:20 AM

Aviation stocks end higher; IndiGo jumps 6%

New Delhi: Aviation stocks were in the limelight on Wednesday, with InterGlobe Aviation climbing 6 per cent, after only a partial increase in jet fuel prices. InterGlobe Aviation, the parent firm of IndiGo, after starting the trade on a positive note, further jumped 9.84 per cent to Rs 4,332 during the day on the BSE. The stock finally ended at Rs 4,180.90, up 6.01 per cent. The stock of SpiceJet ended at Rs 9.93, up 1.95 per cent. During the day, it surged 4.72 per cent to Rs 10.20. A rally ...Read More >

Economic Times - Business - News Image
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18
BusinessApr 02, 2026 12:45 AM

Partial rollback in ATF price hike as government steps in to check airfares

New Delhi: Oil marketing companies on Wednesday scaled back a move to sharply raise jet fuel rates, with the Centre permitting only a partial increase in rates despite the Iran war triggering a surge in global oil prices. The rare move of government intervention is expected to potentially help avert a spike in domestic airfares just ahead of elections in some states later this month and the peak summer travel season. "In order to insulate the domestic travel costs from the substantial increase ...Read More >

NewsDrum - Business - News Image
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18
BusinessApr 01, 2026 05:52 PM

Aviation stocks end higher; IndiGo jumps 6 pc

New Delhi, Apr 1 (PTI) Aviation stocks were in the limelight on Wednesday, with InterGlobe Aviation climbing 6 per cent, after only a partial increase in jet fuel prices. InterGlobe Aviation, the parent firm of IndiGo, after starting the trade on a positive note, further jumped 9.84 per cent to Rs 4,332 during the day on the BSE. The stock finally ended at Rs 4,180.90, up 6.01 per cent. The stock of SpiceJet ended at Rs 9.93, up 1.95 per cent. During the day, it surged 4.72 per cent to Rs 10.2 ...Read More >

NewsDrum - Business - News Image
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14
BusinessApr 01, 2026 05:01 PM

Partial ATF price hike for airlines will ensure no addl fuel charges; prevents industry-wide crisis:...

New Delhi, Apr 1 (PTI) The government's decision on limited hike of jet fuel price ensures that carriers' domestic operational costs remain manageable and will not lead to additional fuel surcharge, an official said on Wednesday. Asangba Chuba Ao, joint secretary at the civil aviation ministry, said with the partial hike in aviation turbine fuel (ATF) price, airlines would recalibrate their pricing and the move prevents a potential industry-wide crisis. ATF accounts for around 40 per cent of a ...Read More >

LatestLY - Business - News Image
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27
BusinessApr 01, 2026 02:19 PM

Security Scare at Mumbai Airport After Tissue Bearing Word 'Danger' Discovered Inside Lavatory of In...

Mumbai, April 1: Panic briefly gripped the Chhatrapati Shivaji Maharaj International Airport on Wednesday after a tissue paper bearing the word 'Danger' was discovered inside the lavatory of an IndiGo flight. According to the Mumbai Police, the incident came to light when IndiGo flight 911 was being prepared for its scheduled journey from Mumbai to Ahmedabad. The aircraft was stationed near Gate No. 5 when the suspicious note was found, prompting immediate concern among airport authorities. Act ...Read More >

LatestLY - Business - News Image
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BusinessApr 01, 2026 01:05 PM

Business News | Aviation Industry Welcomes Partial ATF Hike, Says Move Will Keep Airfares Stable Ami...

New Delhi [India], April 1 (ANI): Aviation companies have welcomed the government's decision to allow only a partial increase in Aviation Turbine Fuel (ATF) prices, saying the move will help maintain stability in airfares and provide relief to both airlines and passengers amid rising global uncertainties. In an official statement, IndiGo expressed gratitude to the government, stating, "We would like to thank the Hon'ble Prime Minister for such a significant step for all of us. We would also lik ...Read More >

Abtak.com - Business - News Image
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13
BusinessApr 01, 2026 12:34 PM

Impossible to quantify full impact of Middle East war: IATA

Airfares are increasing due to higher fuel costs and limited flight capacity. The ongoing Middle East conflict is a key factor. Despite these challenges, global passenger demand showed strength in February. Airlines are adjusting flight schedules to manage fuel supply issues. Capacity growth forecasts for March have been lowered. New Delhi: Rising fuel costs, tight capacity and thin margins are already pushing up airfares amid the ongoing Middle East conflict, the International Air Transport As ...Read More >

Asian News International (ANI) - Business - News Image
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31
BusinessApr 01, 2026 12:26 PM

Aviation industry welcomes partial ATF hike, says move will keep airfares stable amid global uncerta...

New Delhi [India], April 1 (ANI): Aviation companies have welcomed the government's decision to allow only a partial increase in Aviation Turbine Fuel (ATF) prices, saying the move will help maintain stability in airfares and provide relief to both airlines and passengers amid rising global uncertainties. In an official statement, IndiGo expressed gratitude to the government, stating, "We would like to thank the Hon'ble Prime Minister for such a significant step for all of us. We would also lik ...Read More >

NewsDrum - Business - News Image
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16
BusinessApr 01, 2026 10:56 AM

Aviation stocks soar in early trade; IndiGo jumps over 9 pc

New Delhi, Apr 1 (PTI) Aviation stocks were in high demand in morning trade on Wednesday, with InterGlobe Aviation climbing over 9 per cent, despite jet fuel price hike. InterGlobe Aviation, the parent firm of IndiGo, after starting the trade on a positive note further jumped 9.41 per cent to Rs 4,315 on the BSE. The stock of SpiceJet surged 4.72 per cent to Rs 10.20. Price of Aviation Turbine Fuel (ATF), or jet fuel, was more than doubled to a record Rs 2.07 lakh per kilolitre on Wednesday, ...Read More >

cnbctv18.com - Business - News Image
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31
BusinessApr 01, 2026 10:23 AM

ATF prices raised for domestic airlines; earlier confusion over steep hike clarified - CNBC TV18

India raised aviation turbine fuel (ATF) prices for domestic scheduled carriers across metros from April 1. The government said ATF prices were expected to surge over 100% due to global disruptions, but OMCs passed on only a 25% staggered hike to domestic airlines to limit the impact on fares, while non-scheduled operators and charters bear the full increase.The price of aviation turbine fuel (ATF) for domestic scheduled airlines has been increased across metro cities effective April 1, though t ...Read More >

Deccan Chronicle - Business - News Image
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BusinessApr 01, 2026 09:13 AM

Airfares Likely to Rise with Steep Jump in Jet Fuel Price

New Delhi: Airfares are expected to rise with the steep increase in jet fuel prices amid the ongoing West Asia conflict. The price of Aviation Turbine Fuel (ATF) has more than doubled to a record Rs 2.07 lakh per kilolitre on Wednesday, and this is the first time that the jet fuel price has crossed the Rs 2 lakh per kilolitre mark. In Delhi, ATF price has been hiked by Rs 1,10,703.08 per kilolitre, or 114.5 per cent, to Rs 2,07,341.22 per kl, according to state-owned fuel retailers. Officials s ...Read More >

LatestLY - Politics - News Image
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PoliticsMar 31, 2026 11:33 PM

India News | PM Modi Inaugurates Samrat Samprati Museum in Gandhinagar | LatestLY

Gandhinagar (Gujarat) [India], March 31 (ANI): On the occasion of Bhagwan Mahavir Jayanti, Prime Minister Narendra Modi inaugurated the grand, world-class 'Samrat Samprati Museum', dedicated to India's heritage and Jain culture, at Shri Mahavir Jain Aradhana Kendra, Koba, Gandhinagar. On this occasion, Jain Acharya Rashtrasant Shri Padmasagar Surishwarji, Governor Shri Acharya Devvratji, Chief Minister Shri Bhupendra Patel, and Deputy Chief Minister Shri Harsh Sanghavi were present. Also Read ...Read More >

LatestLY - Business - News Image
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BusinessMar 31, 2026 11:01 PM

'I Earn 1 Million': SpiceJet Passenger Utkarsh Gautam Caught Smoking on Tarmac, Misbehaves With Staf...

Mumbai, March 31: A shocking incident involving a SpiceJet passenger has gone viral, raising serious concerns over airport safety and passenger conduct. The airline confirmed that a flyer, identified as Utkarsh Gautam, was offloaded and handed over to police after he was caught smoking in a restricted airport area and misbehaving with staff. The incident reportedly took place on March 2, when Gautam was travelling from Mumbai to Jaipur. According to SpiceJet, he violated strict aviation safety ...Read More >

Deccan Chronicle - Business - News Image
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BusinessMar 31, 2026 05:57 PM

Impossible Now To Quantify Middle East War Impact On Airlines; Airfares Already On Rise: IATA

New Delhi: With sharp rise in fuel costs as well as tight capacity and thin margins for airlines, airfares are already rising in the wake of the Middle East war, global airlines' grouping IATA said on Tuesday.The International Air Transport Association (IATA) represents around 350 airlines, including Air India, Air India Express, IndiGo, and SpiceJet. On Tuesday, the grouping released the data for global passenger demand in February 2026 and said total demand in terms of Revenue Passenger Kilom ...Read More >

NewsDrum - Business - News Image
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18
BusinessMar 31, 2026 05:17 PM

Impossible now to quantify Middle East war impact on airlines; airfares already on rise: IATA

New Delhi, Mar 31 (PTI) With sharp rise in fuel costs as well as tight capacity and thin margins for airlines, airfares are already rising in the wake of the Middle East war, global airlines' grouping IATA said on Tuesday. The International Air Transport Association (IATA) represents around 350 airlines, including Air India, Air India Express, IndiGo, and SpiceJet. On Tuesday, the grouping released the data for global passenger demand in February 2026 and said total demand in terms of Revenue ...Read More >

NewsDrum - Business - News Image
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BusinessMar 31, 2026 05:06 PM

IndiGo appoints IATA chief William Walsh as CEO; Bhatia describes him as 'iconic aviation leader'

New Delhi, Mar 31 (PTI) The country's largest airline IndiGo on Tuesday announced the appointment of William Walsh, a pilot and current chief of the global airlines' grouping IATA, as its next CEO. The appointment comes less than three weeks after the sudden exit of Pieter Elbers against the backdrop of massive operational disruptions at the airline in December last year. An airline industry veteran, Walsh, popularly known as Willie, was formerly CEO of British Airways and IAG (International A ...Read More >

LatestLY - Business - News Image
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16
BusinessMar 11, 2026 04:07 PM

Air India Express Flight IX938 Faces Nose Wheel Issue During Landing at Phuket Airport, Passengers S...

New Delhi, March 11: An Air India Express flight travelling from Hyderabad to Phuket was involved in a landing incident on Wednesday after a technical issue with its nose wheel left the aircraft stranded on the runway at Phuket International Airport. According to an AIR India Express Spokesperson, "We confirm that our Hyderabad-Phuket flight on 11 March experienced an issue with the nose wheel at Phuket Airport. The crew followed all standard protocols, and guests were deplaned. We thank our gue ...Read More >

Abtak.com - Business - News Image
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24
BusinessDec 17, 2025 08:29 PM

IndiGo overtakes Air India group in international passengers after June crash

IndiGo has overtaken Air India and Air India Express in international travel. This shift occurred in the July-September 2025 quarter. Air India reduced flights after a recent crash. IndiGo carried more passengers during this period. The airline also maintained its international services during recent disruptions. Future changes are expected as Air India upgrades its fleet. IndiGo has, for the first time, carried more international passengers than the combined Air India and Air India Express net ...Read More >

NewsDrum - Business - News Image
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25
BusinessDec 17, 2025 08:27 PM

IndiGo COO, aviation officials appear before Par panel; replies 'evasive, unconvincing'

New Delhi, Dec 17 (PTI) A parliamentary panel examining the recent air traffic disruptions tried to fix responsibility for Indigo's mass cancellation of flights as senior aviation officials and IndiGo COO Isidro Porqueras appeared before it on Wednesday, but found the replies of the airline and DGCA "evasive and unconvincing", according to sources. The Parliamentary Standing Committee on Transport, Tourism and Culture, chaired by JD(U) leader Sanjay Jha, did not come to any conclusion and decid ...Read More >

NewsDrum - Business - News Image
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10
BusinessDec 17, 2025 06:17 PM

Opposition MPs demand 100 pc FDI insurance bill be sent to Par panel for more scrutiny

New Delhi, Dec 17 (PTI) Several non-ruling members in the Rajya Sabha on Wednesday opposed the bill to raise FDI in the insurance sector to 100 per cent and demanded that the proposed legislation be sent to a Parliamentary panel for further scrutiny. Participating in the debate on The Sabka Bima Sabki Raksha (Amendment of Insurance Laws) Bill, 2025, moved for consideration and passage by Finance Minister Nirmala Sitharaman in the Upper House, members also objected to the title of the Bill, whic ...Read More >

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