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India`s domestic air traffic posts double-digit growth in November  India’s commercial airlines flew 1.42 crore passengers on domestic routes in November this year, which represents a robust 12 per cent increase compared to the same month in the previous year, according to figures compiled by the Directorate General of Civil Aviation (DGCA).  IndiGo maintained its position as the market leader with a 63.6 per cent share of air traffic, followed by Air India (24.4 per cent), Akasa Air (4.7 per cent) and SpiceJet (3.1 per cent). The market s...
India`s domestic air traffic posts double-digit growth in November
India`s domestic air traffic posts double-digit growth in November
Source: IANS
2024-12-25 12:39:16 pm
Buy InterGlobe Aviation Ltd For Target Rs.5,309 By Elara Capital Ltd Demand set to jet as airports & fleet spike India’s aviation demand has decelerated from 14% average annual growth in FY14-19 to 7% in H2FY24-H1FY25, led by headwinds – delivery issue at Boeing, grounding of InterGlobe Aviation’s (INDIGO IN) Pratt & Whitney (P&W) engine-fitted fleet and constraints at major airports. But demand is set to strengthen (12% CAGR in FY25E-28E) from FY26 due to addition of new airports in Delhi and Mumbai by April’25 (Source: ...
Buy InterGlobe Aviation Ltd For Target Rs.5,309 By Elara Capital Ltd
Buy InterGlobe Aviation Ltd For Target Rs.5,309 By Elara Capital Ltd
Source: Elara Capital
2024-12-25 10:32:48 am
Aviation Sector Update : PAX increases on robust demand; IndiGo share at 60%+ by Motilal Oswal Financial Services Ltd PAX increases on robust demand; IndiGo share at 60%+ * Domestic air passenger (PAX) traffic grew ~12% YoY in Nov’24 to 14.3m (up ~4% MoM). It was above pre-COVID levels. Passenger growth increased for IndiGo, SpiceJet, and Akasa MoM. It was flat MoM for Air India group. * Average domestic Passenger Load Factor (PLF) increased 510bp MoM in Nov’24. PLF rose for all the airlines MoM. The On-Time Performance (OTP) increased 90bp MoM for airlines; the domestic average was 66.7% i...
Aviation Sector Update : PAX increases on robust demand; IndiGo share at 60%+ by Motilal Oswal Financial Services Ltd
Aviation Sector Update : PAX increases on robust demand; IndiGo share at 60%+ by Motilal Oswal Financial Services Ltd
Source: Motilal Oswal Financial Services Ltd
2024-12-25 09:54:10 am
SpiceJet flies high on reporting passenger load factor of 87.9% in November SpiceJet is currently trading at Rs. 57.52, up by 0.64 points or 1.13% from its previous closing of Rs. 56.88 on the BSE. The scrip opened at Rs. 57.25 and has touched a high and low of Rs. 58.98 and Rs. 57.20 respectively. So far 3524383 shares were traded on the counter. The BSE group 'B' stock of face value Rs. 10 has touched a 52 week high of Rs. 79.90 on 16-Sep-2024 and a 52 week low of Rs. 46.00 on 09-Jul-2024. Last one week high and low of the scrip stood at Rs. 61.99 ...
SpiceJet flies high on reporting passenger load factor of 87.9% in November
SpiceJet flies high on reporting passenger load factor of 87.9% in November
Source: Accord Fintech
2024-12-24 03:20:14 pm
Adani Defence & Aerospace clinches Rs 400 crore deal to acquire Air Works Adani Defence & Aerospace announced on Monday that it has signed a binding agreement to acquire Air Works, India’s largest private-sector maintenance, repair, and overhaul (MRO) company, for an enterprise value of Rs 400 crore.  "Adani Defence Systems & Technologies Ltd (ADSTL) has signed a share purchase agreement to acquire 85.8 per cent shareholding in Air Works India (Engineering) Private Ltd," a company statement said. Air Works undertakes base main...
Adani Defence & Aerospace clinches Rs 400 crore deal to acquire Air Works
Adani Defence & Aerospace clinches Rs 400 crore deal to acquire Air Works
Source: IANS
2024-12-24 09:12:10 am
IndiGo flies high on planning to connect four more US cities through Turkish airlines codeshare Interglobe Aviation is currently trading at Rs. 4401.00, up by 17.20 points or 0.39% from its previous closing of Rs. 4383.80 on the BSE. The scrip opened at Rs. 4437.95 and has touched a high and low of Rs. 4437.95 and Rs. 4356.00 respectively. So far 1241 shares were traded on the counter. The BSE group 'A' stock of face value Rs. 10 has touched a 52 week high of Rs. 5033.20 on 12-Sep-2024 and a 52 week low of Rs. 2817.40 on 21-Dec-2023. Last one week high and low of the sc...
IndiGo flies high on planning to connect four more US cities through Turkish airlines codeshare
IndiGo flies high on planning to connect four more US cities through Turkish airlines codeshare
Source: Accord Fintech
2024-12-18 01:58:23 pm
GMR Airports rises on reporting 14% growth in passenger traffic during November 2024 GMR Airports is currently trading at Rs. 84.61, up by 0.70 points or 0.83% from its previous closing of Rs. 83.91 on the BSE. The scrip opened at Rs. 85.31 and has touched a high and low of Rs. 85.79 and Rs. 84.40 respectively. So far 285484 shares were traded on the counter. The BSE group 'A' stock of face value Rs. 1 has touched a 52 week high of Rs. 103.70 on 31-Jul-2024 and a 52 week low of Rs. 69.64 on 21-Dec-2023. Last one week high and low of the scrip stood at Rs. 85....
GMR Airports rises on reporting 14% growth in passenger traffic during November 2024
GMR Airports rises on reporting 14% growth in passenger traffic during November 2024
Source: Accord Fintech
2024-12-17 11:18:06 am
India has become world`s 3rd largest domestic aviation hub in last 10 years: Union Minister Civil Aviation Minister Kinjarapu Rammohan Naidu on Friday said that in the last 10 years, India’s civil aviation has pushed boundaries to become the third largest domestic aviation hub in the world, now we need to take it forward, break barriers once again and achieve the goal of becoming the number one domestic hub in the world.  Unveiling the Centenary Celebrations Logo of Kolkata’s Netaji Subhas Chandra Bose International Airport, the minister said this marks a momento...
India has become world`s 3rd largest domestic aviation hub in last 10 years: Union Minister
India has become world`s 3rd largest domestic aviation hub in last 10 years: Union Minister
Source: IANS
2024-12-14 09:11:12 am
Commercial-level air taxis arriving soon in South Korea The transport ministry said on Friday it will conduct a flight demonstration of a commercial-level air taxi model this week, as part of a government project to introduce the urban air mobility (UAM) industry in the country.  The ministry will demonstrate the operation of the S-4 model built by U.S. electric aircraft manufacturer Joby Aviation Inc. at the Korea Aerospace Research Institute's aviation center in Goheung, about 330 kilometers south of Seoul, on Saturday. The demons...
Commercial-level air taxis arriving soon in South Korea
Commercial-level air taxis arriving soon in South Korea
Source: IANS
2024-12-13 09:40:11 am
Airport capex in India to cross Rs 60,000 cr in fiscals 2025-2027 to handle growing traffic: Crisil  Indian airports are projected to incur a cumulative capital expenditure (capex) of over Rs 60,000 crore in the three years through fiscal 2027 to add requisite infrastructure for 65 million passengers per annum, a report showed on Thursday.  This is 12 per cent increase compared to Rs 53,000 crore during fiscals 2022-2024, according to Crisil Ratings. In addition to expected growth in passenger traffic, increase in tariffs and spending within the airport ecosystem will lift r...
Airport capex in India to cross Rs 60,000 cr in fiscals 2025-2027 to handle growing traffic: Crisil
Airport capex in India to cross Rs 60,000 cr in fiscals 2025-2027 to handle growing traffic: Crisil
Source: IANS
2024-12-12 02:16:05 pm
IATA forecasts positive outlook for global airline industry in 2025 The global airline industry in 2025 expects a slight increase in profitability amid ongoing cost and supply chain challenges, the International Air Transport Association (IATA) said on Tuesday, highlighting some positives such as lower oil prices and growing connectivity.  Net profits are expected to be 36.6 billion dollars in 2025 for a 3.6 per cent net profit margin, a slight improvement from the expected 31.5 billion net profit (3.3 per cent net profit margin) in 2024, the IATA sai...
IATA forecasts positive outlook for global airline industry in 2025
IATA forecasts positive outlook for global airline industry in 2025
Source: IANS
2024-12-11 08:51:54 am
Air India buying 100 more Airbus planes Air India on Monday confirmed it has placed an order to purchase 100 more Airbus aircraft, comprising 10 widebody A350 and 90 narrowbody A320 aircraft, including A321neo.   These 100 new aircraft are in addition to the firm orders of 470 aircraft that Air India had placed with Airbus and Boeing last year. The latest order takes the total number of aircraft that Air India ordered with Airbus in 2023 from 250 aircraft, comprising 40 A350 and 210 A320 Family aircraft, to 350, the airl...
Air India buying 100 more Airbus planes
Air India buying 100 more Airbus planes
Source: IANS
2024-12-09 06:02:38 pm
India to invest over Rs 143 lakh crore in urban infra by 2030, land prices to surge Anticipating the growing need for quality urban infrastructure in years to come, India is expected to invest over Rs 143 lakh crore in infrastructure by 2030, a report said on Monday, adding that this will led to further land price appreciation.  Rapid infrastructure development driven by nodal authorities is fuelling the growth of satellite townships across the country, said the Colliers report. Most of this expenditure is to be directed towards urban clusters, driving significant...
India to invest over Rs 143 lakh crore in urban infra by 2030, land prices to surge
India to invest over Rs 143 lakh crore in urban infra by 2030, land prices to surge
Source: IANS
2024-12-09 10:52:36 am
IndiGo flies high on launching daily direct flights connecting Bengaluru to Ayodhya Interglobe Aviation is currently trading at Rs. 4420.95, up by 69.20 points or 1.59% from its previous closing of Rs. 4351.75 on the BSE. The scrip opened at Rs. 4400.90 and has touched a high and low of Rs. 4432.00 and Rs. 4381.45 respectively. So far 4790 shares were traded on the counter. The BSE group 'A' stock of face value Rs. 10 has touched a 52 week high of Rs. 5033.20 on 12-Sep-2024 and a 52 week low of Rs. 2817.40 on 21-Dec-2023. Last one week high and low of the sc...
IndiGo flies high on launching daily direct flights connecting Bengaluru to Ayodhya
IndiGo flies high on launching daily direct flights connecting Bengaluru to Ayodhya
Source: Accord Fintech
2024-12-06 03:00:45 pm
Domestic air passenger traffic likely to rise 7-10% in FY25: ICRA Rating agency ICRA in its latest report has said that domestic air passenger traffic is projected to rise 7-10 per cent to 164-170 million in the current fiscal year (FY25), while the aviation industry's loss is pegged at Rs 2,000-3,000 crore during the same period. In the first half of 2024-25, it said domestic air passenger traffic stood at 79.3 million, marking a 5.3 per cent annual growth that was partly impacted by the severe heat wave and other weather-related disruptions. The inter...
Domestic air passenger traffic likely to rise 7-10% in FY25: ICRA
Domestic air passenger traffic likely to rise 7-10% in FY25: ICRA
Source: Accord Fintech
2024-12-04 11:32:17 am
India`s domestic air passenger traffic to see 7-10 pc growth in FY25 India is projected to see 7-10 per cent growth (year-on-year) in domestic air passenger traffic at 164-170 million in FY25, according to a report on Tuesday.  In the first half this fiscal (H1 FY25), the domestic air passenger traffic stood at 79.3 million, witnessing a YoY growth of 5.3 per cent, partly impacted by the severe heat waves and other weather-related disruptions, according to credit rating agency ICRA. The international passenger traffic growth for Indian carriers expa...
India`s domestic air passenger traffic to see 7-10 pc growth in FY25
India`s domestic air passenger traffic to see 7-10 pc growth in FY25
Source: IANS
2024-12-03 03:33:01 pm
SpiceJet rises on securing rights to operate Haj Flights from four Indian cities in 2025 SpiceJet is currently trading at Rs. 62.15, up by 0.22 points or 0.36% from its previous closing of Rs. 61.93 on the BSE. The scrip opened at Rs. 62.00 and has touched a high and low of Rs. 62.50 and Rs. 60.92 respectively. So far 3584046 shares were traded on the counter. The BSE group 'B' stock of face value Rs. 10 has touched a 52 week high of Rs. 79.90 on 16-Sep-2024 and a 52 week low of Rs. 43.40 on 30-Nov-2023. Last one week high and low of the scrip stood at Rs. 63.40 ...
SpiceJet rises on securing rights to operate Haj Flights from four Indian cities in 2025
SpiceJet rises on securing rights to operate Haj Flights from four Indian cities in 2025
Source: Accord Fintech
2024-12-02 11:43:46 am
SpiceJet flies high on reporting passenger load factor of 81.0% in October SpiceJet is currently trading at Rs. 58.05, up by 0.63 points or 1.10% from its previous closing of Rs. 57.42 on the BSE. The scrip opened at Rs. 58.05 and has touched a high and low of Rs. 59.00 and Rs. 57.75 respectively. So far 3051373 shares were traded on the counter. The BSE group 'B' stock of face value Rs. 10 has touched a 52 week high of Rs. 79.90 on 16-Sep-2024 and a 52 week low of Rs. 42.05 on 30-Nov-2023. Last one week high and low of the scrip stood at Rs. 59.00 ...
SpiceJet flies high on reporting passenger load factor of 81.0% in October
SpiceJet flies high on reporting passenger load factor of 81.0% in October
Source: Accord Fintech
2024-11-26 01:41:41 pm
India's domestic air traffic up 5.3 pc to 1.36 crore in Oct India's domestic air passenger traffic registered a 5.3 per cent increase to reach 1.36 crore in October, from 1.26 crore in the same month last year, according to data compiled by the Directorate General of Civil Aviation (DGCA).  Leading airline IndiGo flew 86.40 lakh passengers during the month with a market share of 63.3 per cent, followed by Tata Group’s Air India and Vistara, which carried 26.48 lakh and 12.43 lakh passengers, respectively. Air India, including Air ...
India's domestic air traffic up 5.3 pc to 1.36 crore in Oct
India's domestic air traffic up 5.3 pc to 1.36 crore in Oct
Source: IANS
2024-11-26 11:29:44 am
Air India institute in Bengaluru to create skilled engineers for aircraft maintenance National carrier Air India on Friday said it is setting up a basic maintenance training organisation (BMTO) in Bengaluru to cater to the in-house requirement of aircraft maintenance engineers.  To go live by mid-2026, the institute will offer an integrated 2+2 years aircraft maintenance engineering (AME) programme certified by the Indian aviation regulator Directorate General of Civil Aviation (DGCA). Towards this, Air India signed an agreement with Bengaluru Airport City Limited (...
Air India institute in Bengaluru to create skilled engineers for aircraft maintenance
Air India institute in Bengaluru to create skilled engineers for aircraft maintenance
Source: IANS
2024-11-22 02:50:31 pm
Indian aviation sector sets new record with over 5 lakh domestic passengers in a day Showcasing the country’s growing prominence in the global aviation landscape, the Indian aviation sector achieved a historic milestone on November 17, 2024, with 5,05,412 domestic passengers departing across the country in a single day. This is the first time domestic passenger numbers have surpassed the 5-lakh mark.  The passenger count has been increasing continuously after the UDAN (Ude Desh ka Aam Nagrik) scheme, which was launched by Prime Minister Narendra Modi on October ...
Indian aviation sector sets new record with over 5 lakh domestic passengers in a day
Indian aviation sector sets new record with over 5 lakh domestic passengers in a day
Source: Accord Fintech
2024-11-19 01:40:35 pm
GMR Airports zooms on reporting 9% growth in passenger traffic during October 2024 GMR Airports is currently trading at Rs. 81.87, up by 3.82 points or 4.89% from its previous closing of Rs. 78.05 on the BSE. The scrip opened at Rs. 80.99 and has touched a high and low of Rs. 82.30 and Rs. 79.19 respectively. So far 984696 shares were traded on the counter. The BSE group 'A' stock of face value Rs. 1 has touched a 52 week high of Rs. 103.70 on 31-Jul-2024 and a 52 week low of Rs. 56.40 on 22-Nov-2023. Last one week high and low of the scrip stood at Rs. 82....
GMR Airports zooms on reporting 9% growth in passenger traffic during October 2024
GMR Airports zooms on reporting 9% growth in passenger traffic during October 2024
Source: Accord Fintech
2024-11-19 11:17:35 am
SpiceJet flies high on paying $22.5 million to resolve $90.8 million EDC dispute SpiceJet is currently trading at Rs. 56.86, up by 1.49 points or 2.69% from its previous closing of Rs. 55.37 on the BSE. The scrip opened at Rs. 56.30 and has touched a high and low of Rs. 57.20 and Rs. 54.24 respectively. So far 3003324 shares were traded on the counter. The BSE group 'B' stock of face value Rs. 10 has touched a 52 week high of Rs. 79.90 on 16-Sep-2024 and a 52 week low of Rs. 37.88 on 16-Nov-2023. Last one week high and low of the scrip stood at Rs. 60.74 ...
SpiceJet flies high on paying $22.5 million to resolve $90.8 million EDC dispute
SpiceJet flies high on paying $22.5 million to resolve $90.8 million EDC dispute
Source: Accord Fintech
2024-11-18 02:33:40 pm
Neutral InterGlobe Aviation Ltd For Target Rs.4,130 By Motilal Oswal Financial Services Ltd Net loss led by seasonality but guidance remains intact * INDIGO reported a 26% YoY decline in EBITDA to INR16.2b in 2QFY25 and a net loss of INR9.9b (vs. our est. net loss of INR6.8b). Revenue passenger kilometers (RPK) stood at 31.6b. Passenger load factor (PLF) was 82.7% with available seat kilometers (ASK) of 38.2b (est. of 27.2b) and yield of INR4.55 (vs. est. of INR4.51, +2% YoY) in 2Q. * Currently, over 60 aircraft of the company are grounded due to P&W engine issue...
Neutral InterGlobe Aviation Ltd For Target Rs.4,130 By Motilal Oswal Financial Services Ltd
Neutral InterGlobe Aviation Ltd For Target Rs.4,130 By Motilal Oswal Financial Services Ltd
Source: Motilal Oswal Financial Services Ltd
2024-11-10 09:55:09 am
SpiceJet flies high on launching eight new flights SpiceJet is currently trading at Rs. 63.03, up by 1.78 points or 2.91% from its previous closing of Rs. 61.25 on the BSE. The scrip opened at Rs. 62.90 and has touched a high and low of Rs. 64.00 and Rs. 62.40 respectively. So far 12998522 shares were traded on the counter. The BSE group 'B' stock of face value Rs. 10 has touched a 52 week high of Rs. 79.90 on 16-Sep-2024 and a 52 week low of Rs. 36.75 on 09-Nov-2023. Last one week high and low of the scrip stood at Rs. 64.00...
SpiceJet flies high on launching eight new flights
SpiceJet flies high on launching eight new flights
Source: Accord Fintech
2024-11-06 02:50:04 pm
Tata Technologies moves up on collaborating with Air India Tata Technologies is currently trading at Rs. 1006.05, up by 6.25 points or 0.63% from its previous closing of Rs. 999.80 on the BSE. The scrip opened at Rs. 1000.55 and has touched a high and low of Rs. 1016.85 and Rs. 1000.55 respectively. So far 24038 shares were traded on the counter. The BSE group 'B' stock of face value Rs. 2 has touched a 52 week high of Rs. 1400.00 on 30-Nov-2023 and a 52 week low of Rs. 970.55 on 05-Aug-2024. Last one week high and low of the scrip s...
Tata Technologies moves up on collaborating with Air India
Tata Technologies moves up on collaborating with Air India
Source: Accord Fintech
2024-10-29 10:26:20 am
SpiceJet flies high on launching 32 new flights for winter schedule SpiceJet is currently trading at Rs. 58.85, up by 1.98 points or 3.48% from its previous closing of Rs. 56.87 on the BSE. The scrip opened at Rs. 57.70 and has touched a high and low of Rs. 59.29 and Rs. 56.45 respectively. So far 5585523 shares were traded on the counter. The BSE group 'B' stock of face value Rs. 10 has touched a 52 week high of Rs. 79.90 on 16-Sep-2024 and a 52 week low of Rs. 35.35 on 27-Oct-2023. Last one week high and low of the scrip stood at Rs. 61.75 ...
SpiceJet flies high on launching 32 new flights for winter schedule
SpiceJet flies high on launching 32 new flights for winter schedule
Source: Accord Fintech
2024-10-28 12:19:17 pm
Extension of `Udan` scheme to further improve unserved air routes in India The extension of regional air connectivity scheme called ‘Udan’ for 10 more years by the government will further improve unserved air routes in underserved regions of the country and fulfill the aspirations of the common citizens.  The ‘UDAN’ scheme, which just completed 8 years, has led to the birth and growth of regional airlines, generation of jobs and contribution to tourism. The ‘UDAN’ scheme has revolutionized the air travel connecting the ...
Extension of `Udan` scheme to further improve unserved air routes in India
Extension of `Udan` scheme to further improve unserved air routes in India
Source: IANS
2024-10-22 10:21:26 am
UDAN scheme transforming aviation landscape, making air travel affordable: Centre The Indian aviation landscape has undergone a significant transformation under the UDAN (Ude Desh ka Aam Nagrik) scheme, as the number of operational airports in the country doubled from 74 in 2014 to 157 in 2024 and the aim is to increase this number to 350-400 by 2047, the government said on Sunday.   Domestic air passengers have more than doubled in the past decade, with Indian airlines significantly expanding their fleets. Spearheaded by the Ministry of Civil Aviation (MoCA), U...
UDAN scheme transforming aviation landscape, making air travel affordable: Centre
UDAN scheme transforming aviation landscape, making air travel affordable: Centre
Source: IANS
2024-10-20 02:14:39 pm
Pilot hiring up 8 pc by air carriers in South Korea amid strong travel demand  The number of pilots newly hired by South Korean air carriers rose 8 per cent (year-on-year) through August, data showed on Sunday, driven by post-pandemic travel demand.  The 11 air carriers hired 537 new pilots over the January-August period, compared with 498 in the same period a year earlier, according to Rep. Lee Yeon-hee of the main opposition Democratic Party, who cited data from the transport ministry. The figure marks a significant increase from the annual average of...
Pilot hiring up 8 pc by air carriers in South Korea amid strong travel demand
Pilot hiring up 8 pc by air carriers in South Korea amid strong travel demand
Source: IANS
2024-10-20 11:47:28 am
Sarla Aviation to revolutionise urban mobility in India with electric flying taxis Sarla Aviation is leading the charge in transforming urban air mobility by developing cutting-edge electric vertical take-off and landing (eVTOL) aircraft. Co-founded by Adrian Schmidt, the company aims to provide faster, cleaner, and more efficient transportation across India's most congested cities, including Bengaluru, Mumbai, Delhi, and Pune.  Sarla Aviation's flagship initiative includes seven-seater electric flying taxis, which promise to cut travel times significantly. ...
Sarla Aviation to revolutionise urban mobility in India with electric flying taxis
Sarla Aviation to revolutionise urban mobility in India with electric flying taxis
Source: IANS
2024-10-16 02:31:36 pm
Air India buys 85 Airbus jets, may add Boeing jets, sources say Air India is continuing a dramatic turnaround by placing a new order for 85 Airbus planes and could buy more Boeing jets on top of an historic order for European and U.S. jets last year, industry sources said. The Airbus order emerged in a routine industry update as the national carrier mourned the death of the former chairman of parent Tata Group, business and aviation pioneer Ratan Tata. Airbus said late on Wednesday an unnamed customer had placed an order for 75 A320-family jets and ...
Air India buys 85 Airbus jets, may add Boeing jets, sources say
Air India buys 85 Airbus jets, may add Boeing jets, sources say
Source: Reuters
2024-10-10 04:19:37 pm
SpiceJet flies high on commencing UDAN flights connecting Shivamogga with Chennai, Hyderabad SpiceJet is currently trading at Rs. 67.30, up by 1.54 points or 2.34% from its previous closing of Rs. 65.76 on the BSE. The scrip opened at Rs. 67.00 and has touched a high and low of Rs. 68.98 and Rs. 66.70 respectively. So far 14895772 shares were traded on the counter. The BSE group 'B' stock of face value Rs. 10 has touched a 52 week high of Rs. 79.90 on 16-Sep-2024 and a 52 week low of Rs. 34.00 on 26-Oct-2023. Last one week high and low of the scrip stood at Rs. 68.98...
SpiceJet flies high on commencing UDAN flights connecting Shivamogga with Chennai, Hyderabad
SpiceJet flies high on commencing UDAN flights connecting Shivamogga with Chennai, Hyderabad
Source: Accord Fintech
2024-10-10 01:59:01 pm
SpiceJet flies high on planning to induct ten planes by November-end SpiceJet is currently trading at Rs. 66.34, up by 3.54 points or 5.64% from its previous closing of Rs. 62.80 on the BSE. The scrip opened at Rs. 65.00 and has touched a high and low of Rs. 67.98 and Rs. 65.00 respectively. So far 28883363 shares were traded on the counter. The BSE group 'B' stock of face value Rs. 10 has touched a 52 week high of Rs. 79.90 on 16-Sep-2024 and a 52 week low of Rs. 34.00 on 26-Oct-2023. Last one week high and low of the scrip stood at Rs. 68.20...
SpiceJet flies high on planning to induct ten planes by November-end
SpiceJet flies high on planning to induct ten planes by November-end
Source: IANS
2024-10-09 03:22:55 pm
IndiGo trades higher on the BSE Interglobe Aviation is currently trading at Rs. 4807.75, up by 28.85 points or 0.60% from its previous closing of Rs. 4778.90 on the BSE. The scrip opened at Rs. 4810.20 and has touched a high and low of Rs. 4820.00 and Rs. 4782.90 respectively. So far 2962 shares were traded on the counter. The BSE group 'A' stock of face value Rs. 10 has touched a 52 week high of Rs. 5033.20 on 12-Sep-2024 and a 52 week low of Rs. 2334.95 on 28-Sep-2023. Last one week high and low of the sc...
IndiGo trades higher on the BSE
IndiGo trades higher on the BSE
Source: Accord Fintech
2024-09-26 12:43:04 pm
SpiceJet flies high on raising Rs 3000 crore through QIP SpiceJet is currently trading at Rs. 69.83, up by 3.67 points or 5.55% from its previous closing of Rs. 66.16 on the BSE. The scrip opened at Rs. 67.94 and has touched a high and low of Rs. 72.80 and Rs. 67.20 respectively. So far 14706075 shares were traded on the counter. The BSE group 'B' stock of face value Rs. 10 has touched a 52 week high of Rs. 79.90 on 16-Sep-2024 and a 52 week low of Rs. 34.00 on 26-Oct-2023. Last one week high and low of the scrip stood at Rs. 79.90...
SpiceJet flies high on raising Rs 3000 crore through QIP
SpiceJet flies high on raising Rs 3000 crore through QIP
Source: Accord Fintech
2024-09-23 01:38:39 pm
India plans to increase women`s participation in aviation sector to 25pc by 2025: Ram Mohan Naidu Union Minister for Civil Aviation, Ram Mohan Naidu highlighted India's ambition to increase women's participation in aviation to 25 per cent by 2025.  Addressing the two-day Asia-Pacific Ministerial Conference on Civil Aviation (APMC) that will end on Thursday, Ram Mohan Naidu stated that the conference reflects the shared vision of the Asia-Pacific region to build a more connected, resilient and robust aviation landscape. The minister emphasised the region's goal to ac...
India plans to increase women`s participation in aviation sector to 25pc by 2025: Ram Mohan Naidu
India plans to increase women`s participation in aviation sector to 25pc by 2025: Ram Mohan Naidu
Source: IANS
2024-09-12 02:27:42 pm
Boeing reaches historic pay contract with workers' union Global aerospace major Boeing on Sunday announced it has reached a tentative pay agreement with the International Association of Machinists and Aerospace Workers (IAM) which represents more than 33,000 employees.  The pact has ended weeks of intense negotiations and avoiding a potential strike. “We've heard what’s important to you for the new contract. And we have reached a tentative agreement with the union on a historic offer that takes care of you and your family...
Boeing reaches historic pay contract with workers' union
Boeing reaches historic pay contract with workers' union
Source: IANS
2024-09-09 09:19:07 am
IndiGo trades higher on the BSE Interglobe Aviation is currently trading at Rs. 4829.80, up by 16.05 points or 0.33% from its previous closing of Rs. 4813.75 on the BSE. The scrip opened at Rs. 4844.95 and has touched a high and low of Rs. 4855.00 and Rs. 4801.50 respectively. So far 4361 shares were traded on the counter. The BSE group 'A' stock of face value Rs. 10 has touched a 52 week high of Rs. 4944.60 on 28-Aug-2024 and a 52 week low of Rs. 2334.95 on 28-Sep-2023. Last one week high and low of the sc...
IndiGo trades higher on the BSE
IndiGo trades higher on the BSE
Source: Accord Fintech
2024-09-05 12:24:10 pm
Hindustan Aeronautics trades higher on the BSE Hindustan Aeronautics is currently trading at Rs. 4907.10, up by 76.60 points or 1.59% from its previous closing of Rs. 4830.50 on the BSE. The scrip opened at Rs. 4854.75 and has touched a high and low of Rs. 4949.85 and Rs. 4795.30 respectively. So far 68633 shares were traded on the counter. The BSE group 'A' stock of face value Rs. 5 has touched a 52 week high of Rs. 5675.00 on 09-Jul-2024 and a 52 week low of Rs. 1767.95 on 26-Oct-2023. Last one week high and low of the ...
Hindustan Aeronautics trades higher on the BSE
Hindustan Aeronautics trades higher on the BSE
Source: Accord Fintech
2024-09-04 12:32:30 pm
Hindustan Aeronautics surges on bagging order worth around Rs 26,000 crore Hindustan Aeronautics is currently trading at Rs. 4822.00, up by 135.90 points or 2.90% from its previous closing of Rs. 4686.10 on the BSE. The scrip opened at Rs. 4925.00 and has touched a high and low of Rs. 4925.00 and Rs. 4801.20 respectively. So far 61460 shares were traded on the counter. The BSE group 'A' stock of face value Rs. 5 has touched a 52 week high of Rs. 5675.00 on 09-Jul-2024 and a 52 week low of Rs. 1767.95 on 26-Oct-2023. Last one week high and low of the...
Hindustan Aeronautics surges on bagging order worth around Rs 26,000 crore
Hindustan Aeronautics surges on bagging order worth around Rs 26,000 crore
Source: Accord Fintech
2024-09-03 11:20:44 am
Air India Express launches daily flights from Agartala linking Delhi, Kolkata, Guwahati The Air India Express on Sunday introduced daily flights on the Agartala-Guwahati-Delhi-Kolkata route, making travel more convenient for the people of Tripura and the adjoining states.  An Airport Authority of India (AAI) official said that through a brief ceremony, the maiden Air India Express flight started its journey from the Maharaja Bir Bikram (MBB) Airport in Agartala. MBB Airport Director K.C. Meena said the competitive pricing would allow passengers to opt for affordable r...
Air India Express launches daily flights from Agartala linking Delhi, Kolkata, Guwahati
Air India Express launches daily flights from Agartala linking Delhi, Kolkata, Guwahati
Source: IANS
2024-09-02 09:39:20 am
IndiGo soars on launching daily direct flights connecting Bengaluru to Jeddah Interglobe Aviation is currently trading at Rs. 4828.20, up by 69.25 points or 1.46% from its previous closing of Rs. 4758.95 on the BSE. The scrip opened at Rs. 4779.95 and has touched a high and low of Rs. 4866.60 and Rs. 4779.95 respectively. So far 22569 shares were traded on the counter. The BSE group 'A' stock of face value Rs. 10 has touched a 52 week high of Rs. 4944.60 on 28-Aug-2024 and a 52 week low of Rs. 2334.95 on 28-Sep-2023. Last one week high and low of the s...
IndiGo soars on launching daily direct flights connecting Bengaluru to Jeddah
IndiGo soars on launching daily direct flights connecting Bengaluru to Jeddah
Source: Accord Fintech
2024-08-30 11:11:39 am
India aviation ministry may call industry meeting over rising airfares, ET Now says  India's aviation ministry may soon call an industry meeting over concerns about rising airfares, broadcaster ET Now reported on Friday citing sources. The government is also not in favour of capping fares at the moment, the report said.
India aviation ministry may call industry meeting over rising airfares, ET Now says
India aviation ministry may call industry meeting over rising airfares, ET Now says
Source: Reuters
2024-08-23 02:15:55 pm
IndiGo flies high on unveiling new direct route connecting New Delhi - Vijayawada Interglobe Aviation is currently trading at Rs. 4483.90, up by 185.20 points or 4.31% from its previous closing of Rs. 4298.70 on the BSE. The scrip opened at Rs. 4400.00 and has touched a high and low of Rs. 4490.00 and Rs. 4377.05 respectively. So far 41739 shares were traded on the counter. The BSE group 'A' stock of face value Rs. 10 has touched a 52 week high of Rs. 4610.00 on 10-Jun-2024 and a 52 week low of Rs. 2334.95 on 28-Sep-2023. Last one week high and low of the ...
IndiGo flies high on unveiling new direct route connecting New Delhi - Vijayawada
IndiGo flies high on unveiling new direct route connecting New Delhi - Vijayawada
Source: Accord Fintech
2024-08-22 04:08:47 pm
Indian carrier SpiceJet's Q1 profit drops on fewer flights Indian budget carrier SpiceJet reported a drop in first-quarter profit on Wednesday, as it flew fewer passengers amid legal and financial troubles. The company reported a standalone profit of 1.50 billion rupees ($17.9 million) for the quarter ended June 30, down 26.7% from last year. This excludes the business of its subsidiaries, including SpiceXpress and Logistics. SpiceJet has been struggling to scale up operations as some lessors took it to court to settle unpaid dues, and also ...
Indian carrier SpiceJet's Q1 profit drops on fewer flights
Indian carrier SpiceJet's Q1 profit drops on fewer flights
Source: Reuters
2024-08-14 05:10:23 pm
India’s domestic air passenger traffic grows 8.6 pc in July, international traffic up 16.7 pc Domestic air passenger traffic in India witnessed a growth of 8.6 per cent (year-on-year) at 131.4 lakh in the month of July, compared to 121 lakh in the same month last year, a report showed on Friday.  Moreover, the domestic air traffic was higher by 10 per cent than pre-Covid levels of 119.1 lakh in July 2019, according to the report by credit rating agency ICRA. From April to July (four-month period), domestic air passenger traffic was 533.4 lakh, reflecting a YoY growth of 5.2...
India’s domestic air passenger traffic grows 8.6 pc in July, international traffic up 16.7 pc
India’s domestic air passenger traffic grows 8.6 pc in July, international traffic up 16.7 pc
Source: IANS
2024-08-09 03:33:22 pm
Centre now has bilateral air services pacts with 116 foreign nations: Minister  In a bid to boost global connectivity and strengthen economic growth, the government has signed bilateral air services agreements (ASAs) with 116 foreign nations to date. According to Murlidhar Mohol, Minister of State in the Ministry of Civil Aviation, the move will facilitate the smooth operation of international flights between India and these nations. The Centre has designated cities, rather than states, to streamline international flight operations and support a more structured ...
Centre now has bilateral air services pacts with 116 foreign nations: Minister
Centre now has bilateral air services pacts with 116 foreign nations: Minister
Source: IANS
2024-08-06 11:43:28 am