IndiGo’s move to acquire wide-body planes augurs well for Indian aviation. Long-haul international routes tend to be more profitable, and this decision could also contribute to establishing India as an aviation hub, as per rating agency CRISIL. Until January of the previous year, IndiGo solely operated a fleet of single-aisle Airbus aircraft. However, in February […]
Category: The Financial Express
The Financial Express
Indian and Russian firms secure management contract for Sri Lanka’s Mattala International Airport
The management rights for Sri Lanka’s Mattala Rajapaksa International Airport in Hambantota have been awarded to a joint venture between an Indian and a Russian firm, the government spokesman stated on Friday. The $209 million facility was once called the “world’s emptiest airport” because it lacked sufficient flights and passenger traffic. Partnership secures management rights […]
Noida International Airport completes vital DME and DVOR air calibration, sets stage for aviation growth
The Noida International Airport on Thursday announced the completion of air calibration for the DVOR and DME systems. These systems are crucial components aiding navigation, landing, and aircraft departure. Last week, calibration commenced with the inaugural flight of the Beechcraft King Air B300, a twin-engine turboprop aircraft, at the greenfield airport in Jewar, approximately 75 […]
Rolls Royce and IndiGo Forge New Partnership: Trent XWB Engines Set to Power Growth
Rolls-Royce has recently unveiled a significant development in its partnership with IndiGo, a prominent Indian airline, with an agreement to supply 60 Trent XWB-84 engines. This marks the first collaboration between Rolls-Royce and IndiGo, underlining the growing importance of the Indian aviation market for the renowned engine manufacturer. Under the terms of the agreement, Rolls-Royce’s […]
India’s longest arch bridge takes shape! Steel girders for arch bridge linking Coastal Road to Bandra Worli Sea Link to be launched at night
The steel girder meant for the bow-string arch bridge connecting the Mumbai Coastal Road to the Bandra Worli Sea Link (BWSL) arrived in Worli on Thursday. The 136-metre girder weighs 2,000 metric tonnes. It was transported via the Arabian Sea from the Nhava Sheva jetty in Raigad, The Indian Express reported. According to the Brihanmumbai […]
Roadways push! Cube Highways Trust to acquire seven highway assets across Andhra Pradesh, Maharashtra, Telangana, and Tamil Nadu
Cube Highways Trust, managed by Cube Highways Fund Advisors Pvt Ltd, recently announced that it will acquire seven highway assets. These assets are from Singapore-based Cube Highways and Infrastructure III Pte Ltd and Cube Highways Infrastructure Pte Ltd, totaling an enterprise value of Rs 5,172 crore. What is so special about the highway assets? These […]
Una to Delhi Jan Shatabdi Express resumes service following 3-day hiatus – Check details here
The Jan Shatabdi Express, operating from Una in Himachal Pradesh to Delhi, has resumed its service after a three-day suspension because of the ongoing farmers’ movement in Punjab and Haryana, according to officials, PTI reported. On the contrary, the Railway Board has notified the cancellation of three passenger trains which start from Una. As a […]
Indian Railways introduces special trains connecting southern states for upcoming elections
The railway authorities welcomed special train services connecting Bengaluru with Mangaluru Central in anticipation of high train demand during the upcoming Lok Sabha elections which are scheduled to take place in the second and third phases. The initiative aims to facilitate seamless transportation for voters from the coastal region, providing them with convenient access to […]
Mumbai-Ahmedabad Bullet Train Project: Completion date of entire project depends on award of all tenders, says Indian Railways in RTI reply
In an RTI reply, the National High-Speed Rail Corporation Limited (NHSRCL) said that the completion date of the entire 508 km-long bullet train project can be assessed only after all work tenders have been awarded. NHSRCL is constructing the corridor. However, an official associated with the ambitious project said that the Bullet Train project is […]
IndiGo ventures into wide-body aircraft territory with order for 30 Airbus A350s
IndiGo placed its first-ever order for wide-body aircraft on Thursday. This move signals the low-cost carrier’s strategic expansion into the international travel market, aiming to compete more effectively with major Gulf airlines. IndiGo’s strategic expansion plans IndiGo has ordered 30 A350-900 aircraft and anticipates deliveries to commence in 2027. Additionally, the airline holds purchase rights […]
Rolls Royce and IndiGo Forge New Partnership: Trent XWB Engines Set to Power Growth
Rolls-Royce has recently unveiled a significant development in its partnership with IndiGo, a prominent Indian airline, with an agreement to supply 60 Trent XWB-84 engines. This marks the first collaboration between Rolls-Royce and IndiGo, underlining the growing importance of the Indian aviation market for the renowned engine manufacturer. Under the terms of the agreement, Rolls-Royce’s […]
Private airports projected for 30% revenue surge amid escalating traffic: Crisil report
Due to escalating traffic, private airports in the country are poised to experience a 30% surge in their topline this fiscal year, a report stated on Thursday. With the rise in passenger volume, airports are projected to witness an increase in both aeronautical and non-aeronautical revenues. According to a report by credit rating agency Crisil, […]