DUBAI AIRPORT
DGGI officers arrest Kapil Chugh over Rs 1,825 cr GST refund fraud
DGGI officers have arrested Kapil Chugh, the alleged mastermind behind an Rs 1,825 crore GST refund fraud. Chugh, who evaded multiple summons and fled to Dubai, operated a network of dummy firms to fraudulently claim Input Tax Credit. He also siphoned Rs 11 crore from Yes Bank and faces charges in other economic criminal cases.
Air India rolls out premium makeover: New cabins, lounges, and aircraft to boost revenue
In an ambitious bid to redefine air travel, Air India is revamping its passenger experience. Customers will soon enjoy upgraded cabins on older jets as well as state-of-the-art aircraft, accompanied by the launch of exclusive airport lounges. These enhancements are tailored to draw in premium travelers, with the ultimate goal of boosting revenue and driving profit growth.
India resilient amid oil shock, may grow 6.8%-7.1% despite global headwinds: SBI Research
India faces global challenges from a strong position. Economic growth is projected between 6.8% and 7.1% for FY27. The nation's banking sector is robust. Opportunities arise for GIFT City and Indian airports. The Reserve Bank of India is likely to maintain its current monetary policy stance. India's resilience is evident amidst regional conflict and global uncertainties.
A $176 billion reality check for Europe’s luxury brands as Middle East tensions hit shoppers
A distant war is impacting global luxury sales. Europe's top luxury firms have lost billions in market value. The Middle East, a key growth market, is seeing reduced tourist spending due to travel disruptions and uncertainty. This slowdown affects major brands like Hermès, Gucci, and LVMH. Recovery for the luxury sector faces delays as geopolitical risks persist.
Dubai unveils first air taxi station near Dubai International Airport, targets faster city travel
A new air taxi service is set to launch in Dubai, with the first of four planned hubs now operational. The developer will manage the service, while authorities handle regulation and integration. Following successful test flights and trials, the operator is pursuing certification for a commercial launch.
'Hospital infra isn't sole determinant of better care, outcomes also matter,' says Max Healthcare Chairman
Max Healthcare has significantly increased its bed capacity to 6,500 with a new Saket facility. This expansion targets both domestic patients seeking quality care and international medical tourists. The company leverages brownfield economics to manage costs effectively. Max Healthcare aims to contribute to India's growing healthcare infrastructure, addressing a substantial gap in private tertiary care beds.
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Pharma exports fall to five-year low in March amid West Asia crisis
India's pharma exports saw a sharp 23.17% fall in March. The West Asia war disrupted shipping routes and air transit hubs. This led to increased freight costs and potential losses of ₹2,500-₹5,000 crore. Despite strong growth earlier in FY26, the conflict impacted crucial transit points like Dubai and Abu Dhabi. This affected the flow of vital medicines to global markets.
You'll be wrong to say bye to Dubai
Despite a recent 14% decline in Dubai's real estate transactions due to regional conflict, the city's status as a resilient global financial hub remains intact. Dubai's strategic advantages and past crisis management suggest a future stabilization, with potential buying opportunities arising from market corrections and renewed expat interest if peace prevails.
IHCL remains confident of achieving all its goals: MD and CEO
Indian Hotels Company Limited, IHCL, is successfully managing global and local challenges. The company is expanding its brand portfolio across India and internationally. IHCL is confident in its growth strategy and achieving its Accelerate 2030 targets. Acquisitions are bolstering its Ginger brand. The outlook remains positive despite economic uncertainties.
Centre offers to bail out airlines with Rs 4,000-crore loan
India plans a ₹4,000 crore emergency credit scheme for airlines, offering sovereign guarantees of up to ₹1,000 crore per carrier to ease stress from the Iran war. Additional loans will require promoter funding. The move comes as rising fuel costs and curtailed West Asia routes hit operations. SpiceJet is likely to benefit most amid financial strain, while lenders remain cautious given past airline bankruptcies.
IHCL's diversification strategy shields growth
IHCL MD and CEO Puneet Chhatwal said escalating West Asia tensions may impact global travel in the near term, but the hospitality sector remains resilient after past crises like Covid-19. He said IHCL’s diversified portfolio across brands, geographies, and business segments is helping it stay on track for long-term growth, with expectations of double-digit revenue expansion driven by new hotel openings and expansion across domestic and international markets.
Fly91 launches Vijayawada-Hyderabad flights, boosts regional connectivity
Fly91 airline has started flight operations between Vijayawada and Hyderabad. This launch boosts connectivity in the region. The event was attended by Civil Aviation Minister K Ram Mohan Naidu and Andhra Pradesh Minister Kollu Ravindra. The airline's expansion supports the government's UDAN scheme. More airports are planned nationwide. Vijayawada airport's network will also expand.
Dubai limits foreign flights until May 31, letters show, hitting Indian airlines hardest
Dubai has limited foreign airlines to one daily flight until May 31 due to the Iran crisis, impacting Indian carriers who planned numerous services. The Federation of Indian Airlines is urging India to seek a lift on these curbs or consider reciprocal measures against Dubai's airlines, citing potential substantial revenue losses.
Saudia to resume select flights to Dubai, Abu Dhabi and Amman from April 11
Saudia is resuming some flights to Dubai, Abu Dhabi, and Amman from April 11, 2026. Daily services will restart on key regional routes as operations stabilize. Passengers must check their flight status before traveling. Further updates will be shared through official channels. This move gradually restores connectivity across important Middle East routes.
Middle East crisis sparks a new fear: Not being able to fly
Amid rising tensions linked to the Gulf War, concerns over air travel are shifting from fear of flying to fear of not flying at all. Sudden spikes in fuel prices, disrupted flight routes, and geopolitical uncertainty are making travel unpredictable and costly. While air travel is often seen as routine, global crises reveal its fragility, highlighting how access to flights remains limited and vulnerable to events beyond passengers’ control.
Airline pilots fear retribution over refusing to fly in Middle East, aviators' group says
Airline pilots express fear of losing pay or jobs if they refuse flights in the Middle East. Global aviators' union highlights widespread concerns over unpredictable conditions and potential missile strikes. Carriers continue flights despite a ceasefire. Pilots report a lack of guidance and face challenges reaching homes. Indian pilots raised concerns about Air India's operations in the Gulf region.
Xi's $270 billion Middle East bet limits China support for Iran
China's substantial investments across the Middle East, particularly in green tech and tourism, are now jeopardized by regional conflict. Despite facing risks to its capital and personnel, Beijing is navigating a delicate balance, aiming to de-escalate tensions while reassuring Gulf partners and continuing its economic expansion.
Gulf residents cautiously optimistic after shaky US-Iran truce
Residents of the Gulf countries, which have borne the brunt of Iran's attacks, breathed a sight of cautious relief on Wednesday after waking up to news of an Iran-US ceasefire -- though the truce remains shaky. Iran on Wednesday said it launched missile and drone attacks on Kuwait and the UAE after airstrikes against oil facilities on its Lavan island, state television reported.
IndiGo shares fly 11% as Iran war ceasefire, falling crude prices boost sentiment. What’s Jefferies saying ahead of Q4?
IndiGo shares jumped significantly on Wednesday. This surge followed news of a ceasefire between Iran and the US. Falling crude oil prices are a major boost for airlines like IndiGo. Reduced geopolitical tensions also mean fewer flight disruptions. SpiceJet shares also saw a strong rise. This positive sentiment is expected to benefit the aviation sector.
FIA seeks Centre's help on removal of Dubai airport authorities' capping on flight ops
Indian airlines are facing restrictions at Dubai Airport. The Federation of Indian Airlines has asked the government to intervene. Dubai authorities have limited foreign carriers to one flight daily. This impacts Indian airlines significantly. UAE carriers are not facing similar limits.
Spring break hit: Indian students cut travel plans as airfares surge amid West Asia tensions
Students looking to journey abroad for spring break are feeling the sting of rising airfare prices. Flights to popular destinations like the US and UK have become noticeably more expensive, compelling many to either cancel or trim their travel itineraries. The ongoing turmoil in West Asia is disrupting flight paths and reducing capacity, leaving students grappling with steep travel costs.
How Iran war is reshaping global aviation
The war in Iran has disrupted air travel, impacting Middle East airlines. Western carriers like Lufthansa and British Airways are seizing this chance to add new routes. US airlines are also expanding long-haul flights. The situation presents a temporary opportunity for European airlines to capture passengers. The long-term impact remains uncertain as fuel prices rise.
Air India rolls out cheaper reward flights and more benefits for Maharaja Club members
Air India is enhancing its Maharaja Club program effective April 1, 2026, with reduced points for reward flights and upgrades, aiming to boost point value and booking flexibility. Members will also benefit from easier tier upgrades and extended companion privileges, reflecting a commitment to rewarding frequent flyers.
Drone attack targets Kuwait airport; fuel tanks ablaze: Aviation agency
Kuwait International Airport faced a drone attack from Iran, igniting a large fire at fuel tanks. No casualties were reported. Similar incidents occurred in Bahrain and Saudi Arabia. A tanker near Qatar was also struck. These attacks follow US-Israeli strikes against Iran, with Tehran threatening Gulf infrastructure.
The Dubai war narrative is looking a little stretched
The United Arab Emirates faces significant challenges as a US-Israeli war with Iran disrupts oil supplies and impacts its economy. Dubai's stock market has seen a notable decline, and hotels are cutting prices. Despite official assurances, the war's prolonged nature raises concerns about the region's growth and its future as a global finance hub.
In Dubai, a famed horse race goes on, despite the war
Dubai held its prestigious Dubai World Cup horse race on Saturday. This event proceeded despite public safety alerts about incoming missile threats. The race offered millions in prize money. Many Gulf States are working to project an image of safety and luxury. Dubai and the UAE have intensified these efforts. The UAE reported intercepting numerous Iranian attacks.
Arrival at departure lounge: Building a transit hub faces challenges deeper than the infra build-up Noida airport represents
India is launching its first phase of Noida International Airport, aiming to become a global transit hub. This ambitious project faces hurdles beyond infrastructure, requiring a coordinated ecosystem of aviation services. Unlike established hubs like Dubai and Singapore, India relies on private sector investment and market forces. The nation is working to attract international traffic and build its aviation capabilities.
Flying from UAE today? What travellers should know as heavy rain may impact flight schedules
Heavy rain, thunderstorms, and strong winds have caused significant delays and disruptions to airport operations across the UAE since March 27. Airlines are advising passengers to check flight statuses, allow extra travel time, and only travel with confirmed bookings as weather conditions remain unstable and schedules are impacted.
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