Domestic air traffic may touch 153.4 million in 2023-24: CAPA India

Mumbai, Domestic air passenger traffic is estimated at 153.4 million in 2023-24, according to aviation consultancy CAPA India. In October last year, it had revised the 2023-24 estimate to 155 million from the projection of more than 160 million domestic air passenger traffic in March 2023. For international traffic, the consultancy had pegged the figure […]

Here’s why Vistara flights are getting cancelled and delayed

The Tata-SIA joint venture airline Vistara today had to cancel nearly 50 flights, with more than 150 flights across its network experiencing significant delays. Additionally, the airline has disclosed plans to scale back its flight operations and utilize wide-body aircraft on domestic routes to address the backlog of affected passengers. Why Vistara Flights Are Getting […]

Aviation Ministry seeks report from Vistara over flight cancellations, says airlines have to comply with DGCA norms

The Ministry of Civil Aviation (MoCA) on Tuesday sought a detailed report from Vistara regarding flight cancellations and major delays, with the airline having cancelled or delayed over 100 flights in the past week. In a post on X (formerly Twitter), the ministry wrote, “Ministry of Civil Aviation is monitoring the situation of Vistara flight […]

Revised model concession agreements for toll projects will safeguard interest of all stakeholders: CareEdge Ratings

Revised model concession agreements for toll projects has incorporated series of favourable changes, both in the build-operate-transfer (BOT) and toll-operate-transfer (TOT), to bolster investor confidence while safeguarding the interest of all stakeholders, the CareEdge Ratings said on Tuesday. The ministry of road transport and highways (MoRTH) had last month revised the MCAs for bidding out […]