Tag: aviation
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SpiceJet operates India’s first flight partially powered by bio-fuel
New Delhi/Dehradun : Budget passenger carrier SpiceJet on Monday successfully operated India’s first test flight partially powered by bio-fuel. A mix of 25 per cent bio-fuel and 75 aviation turbine fuel (ATF) powered a SpiceJet Q400 turboprop aircraft on the 200 km flight from Dehradun to Delhi on Monday morning. SpiceJet termed the operation India’s…
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Aviation industry expected to reduce losses in FY18: ICRA
Mumbai : Credit ratings agency ICRA on Tuesday said that healthy passenger load factors, along with a decline in competitive intensity is expected to aid the Indian aviation industry to reduce its losses in FY2018. As per a research note by ICRA, healthy passenger load factors supported by a decline in competitive intensity due to…
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India on way to becoming third-largest aviation market: Report
Hyderabad : (IANS) With over 20 percent growth in domestic aviation market in 2015, India is well on its way to becoming the third-largest aviation market by 2020, says a Ficci-KPMG report. According to the report released on Thursday at the India Aviation 2016 here, with 81 million trips, the domestic aviation market grew at…