AVIATION HUB
When wars and AI cast a shadow, India has pressed a power reset
India’s renewable energy expansion is reshaping its energy security, cutting dependence on imported coal and natural gas as wars, oil supply disruptions and AI-driven electricity demand put pressure on power markets. An International Energy Agency report says clean energy saved India over $100 billion in fuel imports between 2011 and 2025, with cumulative savings potentially reaching $240 billion by 2030.
Adani Ports agrees to buy Dutch storage and terminal co Evos for $2.9 bn
All cash offer for Europe’s 2nd largest player is the company’s foray into Europe. The Iran war and supply disruptions across the hydrocarbons and chemicals value chain has forced countries and companies to seriously evaluate energy storage and logistics
Iran war, doubling fuel prices knock 66% off Emirates' first-half profit
Emirates Group's first-half net profit plunged 66% to $1 billion as the Iran war disrupted flights across the Gulf and doubled jet fuel prices. Passenger numbers at Emirates airline fell 22%, while cargo revenue rose 52%. The Dubai-based group is relying on cash reserves as geopolitical uncertainty clouds its outlook.
Indian airlines seek to boost domestic MRO capabilities as aircraft fleets expand
Indian airlines are focusing on building in-house capabilities for maintenance and repair as the aircraft fleet grows. Air India plans to establish an MRO facility in Bengaluru by 2027, while IndiGo emphasizes the need for self-reliance. Akasa Air's maintenance facility at Noida airport is expected to be operational by 2028. The commercial aircraft fleet in India, currently around 800, is predicted to double in coming years as air traffic increases.
Air India CEO targets lower costs, higher passenger yields to steer airline towards profitability
Air India CEO Tewolde Gebremariam said the airline is working to reduce operating costs and improve passenger yields as it pursues a financial turnaround. The plan includes bringing unit costs in line with industry levels, restructuring its Delhi network, expanding international flights from Mumbai and exploring Bengaluru as a third hub.
Adani Defence plans MRO for narrow-body aircraft engines
India is one of the world's fastest growing civil aviation markets and the country's commercial aircraft fleet is projected to triple to 2,250 over the next decade. The country is also expected to become a hub for Maintenance, Repair, and Overhaul (MRO) activities.
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India needs three national carriers to compete globally, says Adani Airports CEO
Adani Airports CEO Arun Bansal emphasized the need for three national carriers to cater to India's aviation demands. He stated that strengthening domestic airlines is crucial before embracing more international competition. Passenger traffic is expected to rise, requiring robust airline ecosystems and regulatory changes. Adani Airports plans to invest significantly in infrastructure to support this growth. The company aims to expand its capacity and participate in upcoming airport privatization initiatives.
Air India CEO eyes wide-body aircraft order expansion, says profitability remains a concern
Air India CEO Tewolde Gebremariam emphasized the airline's commitment to enhancing financial performance and expanding its aircraft orders. The airline seeks to capitalize on significant growth opportunities in the aviation sector amidst current industry challenges. Gebremariam expressed the need for India to make timely decisions for its potential as a global aviation hub. Air India also aims to rethink its hubs and network structure to adapt to changing conditions.
Jammu Airport initiates consultations for commencement of international flights
Jammu Airport has commenced discussions with various stakeholders to assess the feasibility of international flights. A planning meeting involved representatives from airlines and regulatory agencies to identify potential international destinations. The Airport Director highlighted religious tourism and strategic location as key factors for successful operations. Suggestions were made to prioritize routes to West Asia and Europe based on passenger demand.
Adani Ports makes $3.3 billion play for Evos Terminals
Adani Ports has submitted a binding $3.3 billion bid for Evos Terminals, a European liquid-storage operator with eight terminals across five countries, as it looks to expand overseas and build exposure to energy-transition infrastructure. The move follows APSEZ’s unsuccessful bid for Associated British Ports and reflects a broader push into global ports, container assets and liquid terminals.
IndiGo posts Rs 1,879-crore loss as high fuel costs, geopolitical woes hit; capacity cuts & yield management offer only partial relief, says CEO Willie Walsh
IndiGo reported a net loss of Rs 1,879 crore in the September quarter as a sharp rise in jet fuel prices and foreign exchange costs offset strong revenue growth. While revenue increased 26% year-on-year to Rs 23,363.8 crore, fuel costs surged more than 67%. The airline plans to raise fares, rationalise flights and maintain its long-term expansion plans, including the introduction of Airbus A350 aircraft in 2028.
Why is Adani betting $3.4 billion on global energy trade chaos?
Adani Group is reportedly exploring a $3.4 billion acquisition of Dutch energy storage giant VTTI as global oil supply disruptions reshape energy trade. With terminals across 16 countries, VTTI could expand Adani Ports' international footprint, strengthen crude oil storage and logistics capabilities, and unlock opportunities in fuel trading, biofuels, hydrogen infrastructure and global energy supply chains amid geopolitical uncertainty.
IHCL and AAHL partner for multi operating hotel agreement
Tata Group-backed Indian Hotels Company and Adani Airport Holdings Limited announced a multi-hotel operating agreement. This agreement involves eight hotels that will include more than 2,000 rooms across four cities in India. The hotels will operate under various brands, including Taj, Vivanta, Gateway, and Ginger. IHCL aims to strengthen its presence with 25 hotels at key airports in India.
Mumbai airport operator MIAL, airlines discuss transition plan for international flights
Representatives from over 35 airlines met with Mumbai airport officials to discuss shifting international flights. The Mumbai International Airport Ltd requested airlines to submit their transition plans by November 3. Air India, IndiGo, and Akasa Air will begin transitioning operations to Navi Mumbai International Airport in December. The partial relocation aims to allow renovation work at Terminal 1 in Mumbai airport to progress.
Patna airport to start customs and immigration facilities for international passengers by January 2027
Passengers travelling internationally from Patna will soon be able to complete customs and immigration procedures locally. Construction for the new facilities at Jay Prakash Narayan International Airport has already begun, aiming for early 2027 completion. This will alleviate the need for travelers to fly to major airports for these processes. Additionally, luggage check-in will be available at Patna, simplifying international travel for passengers.
The grease hunters of Bengaluru want Leftover fryer oil to fuel India’s Jets
Bengaluru has become a hub for innovative biofuel initiatives as collectors harvest old cooking oil from restaurants for energy production. With India’s substantial reliance on imported crude oil, the drive to tap into domestic energy sources grows stronger. Major oil enterprises are setting lofty targets for integrating sustainable aviation fuel and biodiesel into their operations.
Western Sydney International Airport launches first international flight, offering 24-hour flights and global connections
The much-anticipated Western Sydney International Airport launched its international operations on October 26, marking the occasion with its first flight to Auckland. Air New Zealand will operate this connection three times a week, expanding passengers' travel options. Prime Minister Anthony Albanese highlighted the airport's significant role in creating jobs and attracting investment to the western Sydney region.
Mumbai Airport T1 capacity to rise 33% to 20 million passengers after redevelopment: Adani Airports
Adani Airports is planning to redevelop Terminal 1 at Chhatrapati Shivaji Maharaj International Airport to improve passenger capacity. The capacity will increase from 15 million to 20 million passengers annually with supporting infrastructure. Some flight operations of IndiGo and Air India will shift to Navi Mumbai International Airport during the redevelopment process. This transition aims to alleviate capacity constraints at the current airport facility.
Emirates deploys Airbus A350 on Kolkata-Dubai route, raises weekly flights to 12
Emirates has increased its weekly services between Kolkata and Dubai to 12, reflecting rising demand for air travel. The airline has also introduced the Airbus A350 on this route to enhance passenger experience. A ceremonial water cannon salute welcomed the new aircraft at Kolkata's Netaji Subhas Chandra Bose International Airport. This expansion indicates Emirates' commitment to meet growing international travel needs.
India's aviation map is being redrawn, and smaller cities are stealing the show
India’s international aviation market is expanding beyond Delhi and Mumbai, with foreign airlines increasingly connecting smaller Indian cities directly to overseas hubs. The trend is creating a new contest for nearly 20 million connecting long-haul passengers, most of whom currently change planes at foreign hubs, while Air India is trying to bring more of that traffic through Indian airports.
Air India breaks ground on Delhi MRO hangar to boost in-house maintenance
Air India has initiated the construction of a new Maintenance, Repair, and Overhaul hangar at Delhi's airport. This facility will enable the airline to streamline maintenance operations and improve fleet reliability. Once completed, it will accommodate both widebody and narrowbody aircraft simultaneously, marking a significant development in aviation. The hangar is designed for scalability and will reduce aircraft ground time significantly.
Marco Rubio meets Adani, Tata chiefs before heading to Jamnagar for Reliance refinery visit
US Secretary of State Marco Rubio met Adani Group chairman Gautam Adani and Tata Sons chairman N Chandrasekaran in Mumbai before travelling to Jamnagar to visit Reliance Industries' oil refinery, Vantara and its planned clean-energy manufacturing complex. The visit comes as India and the US explore deeper cooperation in energy, manufacturing and technology.
Govt to pitch 11 airports to global investors ahead of December bidding
The Indian government plans to hold promotional roadshows in international financial hubs to attract airport investors. Twelve airports are expected to be bundled into groups as part of this privatisation effort. The Airports Authority of India aims to explain the new bidding structure to prospective bidders effectively. International investors, including sovereign wealth funds and Indian conglomerates, are anticipated to participate in this bidding process.
Middle East flights remain disrupted as airlines cancel routes despite airport reopenings and airspace warnings
As Riyadh’s King Khalid International Airport resumes operations, numerous airlines have still suspended flights and modified their schedules due to ongoing security tensions in the Middle East. A few carriers, including Air India and Emirates, have scrapped flights to significant Saudi destinations. Passengers are strongly encouraged to confirm their flight statuses with the respective airlines before making their way to the airport, as disruptions are anticipated to persist into November.
'India's dynamic market': Canada Trade Minister Sidhu highlights opportunities for Canadian firms
Canadian International Trade Minister Maninder Sidhu has highlighted opportunities for Canadian companies in India's "dynamic market", identifying artificial intelligence, quantum computing, aviation infrastructure, digital innovation, sustainability and smart mobility as key areas for bilateral cooperation.
Saudi-led coalition says Houthis attempted to attack dozens of Saudi facilities
The Saudi-led military coalition in Yemen has reported increased Houthi attacks targeting civilian infrastructure across Saudi Arabia. Recent strikes have resulted in fatalities and injuries at key sites, including King Khalid International Airport. The coalition spokesperson emphasized the threat posed to civilians and condemned the Houthi actions, urging them to cease operations. Houthi military leadership has warned of dangers in Saudi airspace, further complicating travel safety in the region.
Scindia calls for faster tailored credit flow to Northeastern states at bankers' conclave
During a recent gathering at Mizoram University, Union minister Jyotiraditya Scindia urged financial institutions to provide credit solutions that address the specific needs of the Northeast region. He criticized generic banking products as insufficient, emphasizing customization for each state. Mizoram Chief Minister Lalduhoma shared initiatives requiring investment, hinting at potential economic drivers for the area that could facilitate sustained growth and enhance public welfare.
Bringing down cost of flying can lead to disruptive aviation growth: Air India executive
Reducing taxes on aviation could make air travel more affordable for average Indians. Air India officials believe this will drive significant growth in passenger traffic. Currently, annual domestic passenger numbers are projected to rise from 340 million to 1.1 billion by 2040. Long-haul flights present a huge market opportunity for Indian carriers, contributing significantly to revenue. Focus on regional connectivity is essential for utilizing airports outside major cities more effectively.
GE Aerospace to nearly double supplier spend in India by 2030, eyes growing Aviation demand
The announcement was made alongside the release of a report by Ernst & Young (EY), GE Aerospace's Economic Impact in India, which assesses the company's economic contribution to India's commercial aviation, defence, manufacturing and engineering sectors over four decades.
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