India’s finance ministry modifies ECLGS; raises loan limit to Rs 1,500 crore for aviation sector
NEW DELHI: India's finance ministry has modified the Emergency Credit Line Guarantee Scheme (ECLGS) by raising loan limit under the scheme to Rs 1,500 crore...
Aviation sector to grow further; traffic nearing pre-Covid-19 level: Officials
NEW DELHI: The country's civil aviation sector has almost reached the pre-COVID level in terms of traffic and will continue to grow further, officials said...
Europe’s aviation sector launches ambitious plan to reach net zero CO2 emissions by 2050
NEW DELHI: Europe’s aviation sector today unveiled its flagship sustainability initiative, Destination 2050 – A Route to Net Zero European Aviation. Driven by a new,...
Aviation reinsurance rates rise by up to 250%
By Carolyn Cohn LONDON:Aviation reinsurance rates rose by up to 250% at the key Jan. 1 renewal date, broker Willis Re said in a report...
Hyderabad Airport leads post-lockdown revival of aviation sector
NEW DELHI: Witnessing a steady increase in the number of passengers and air traffic, Hyderabad’s Rajiv Gandhi International Airport (RGIA) is leading the revival of...
‘Airport service providers need to reassess their business model’
NEW DELHI: As the pandemic has severely impacted the aviation sector, a report by Kearney has suggested that there is a need for airport service providers...
Aviation sector to take 6-24 months to recover from COVID-19 blow: Survey
NEW DELHI: The aviation industry may take between six months to two years to recover from the severe blow dealt by the coronavirus pandemic, according...
UDAN a game changer for aviation sector
NEW DELHI: The regional air connectivity scheme has been a game changer for the aviation sector and 1 crore people will be travelling under the...