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Indian Stock Exchange Launches Index to Track Travel Listings — India Report - skift.com - India - city Delhi
skift.com
20.06.2024

Indian Stock Exchange Launches Index to Track Travel Listings — India Report

India’s National Stock Exchange has launched the Nifty India Tourism Index to capture the performance of travel and tourism companies within the Nifty 500 Index. The index is used by investors to manage their investment portfolios and serve as a benchmark for different purposes, including tracking expected returns of certain segments. 

It’s Travel Company IPO Season in India! - skift.com - India
skift.com
20.06.2024

It’s Travel Company IPO Season in India!

If you thought the IPL season in India was big, just wait until you hear about the IPO season. Following TBO Tek’s debut on the Indian stock exchange last month, online travel company Ixigo listed on the Indian bourses this week. Join Skift’s Peden Doma Bhutia and Bulbul Dhawan as they discuss the market sentiment towards travel IPOs. Also, discover why Air India’s CEO stated that the airline’s investment in new aircraft will depend on the government’s policies on bilateral agreements and seat capacity grants, and why Accor’s CEO finds opening a hotel in India to be a tedious process. Catch all this and more in the latest edition of the Skift India Travel Podcast

Domestic Airlines Carried 13.8 Million Passengers in May - skift.com - India
skift.com
18.06.2024

Domestic Airlines Carried 13.8 Million Passengers in May

Budget airline IndiGo continued to hold the top position in the domestic aviation market with a 61.6% market share in May, up from 60.6% in April. Air India was a distant second at 13.7%, and Vistara followed with a 9.2% share, Directorate General of Civil Aviation data showed.

Akasa Air Co-Founder On International Expansion and Profitability — India Report - skift.com - Saudi Arabia - India - city Mumbai - county Gulf - Kuwait - city Doha - city Jeddah - city Riyadh, Saudi Arabia
skift.com
11.06.2024

Akasa Air Co-Founder On International Expansion and Profitability — India Report

Low-cost carrier Akasa Air is on its path to profitability and will be expanding its international network, Indian news agency PTI said quoting Aditya Ghosh, the airline’s co-founder.

Air India CEO on Impact of Bilateral Rights on Indian Carriers' Ability to Fill Seats - skift.com - Turkey - Singapore - Qatar - India - Malaysia - Indonesia - Uae
skift.com
06.06.2024

Air India CEO on Impact of Bilateral Rights on Indian Carriers' Ability to Fill Seats

Indian full-service carrier Air India has said its plans to invest in new aircraft will depend on the government’s policy on bilateral agreements and the seat capacity being granted, CEO Campbell Wilson said this week at an aviation event in India. 

Air India Express To Expand Operations In Delhi-NCR - skift.com - India - city Kolkata - city Delhi
skift.com
06.06.2024

Air India Express To Expand Operations In Delhi-NCR

Budget airline Air India Express has announced that it will be commencing operations from the Hindon airport in the national capital region (NCR), in addition to its ongoing operations from the Delhi airport. With this, it has become the first airline to operate from two airports in the NCR. 

How Microsoft Is Deploying OpenAI’s Tech in Travel - skift.com - Britain - county York - India - county Summit - city New York, county Summit
skift.com
02.06.2024

How Microsoft Is Deploying OpenAI’s Tech in Travel

Microsoft has invested billions of dollars into OpenAI, making it part owner and giving it early access to the generative AI technology. 

India's Travel Spending: 'Fast-Growing Pools of First-Time Tourists' - skift.com - South Africa - Turkey - Saudi Arabia - India - Thailand - Uae - Sri Lanka - Mauritius
skift.com
31.05.2024

India's Travel Spending: 'Fast-Growing Pools of First-Time Tourists'

India is becoming a fast-growing source of outbound tourism, according to a report by consulting firm McKinsey and Company.

TBO Tek's Mega IPO, Air India-Vistara Merger and Visa Waiver Extensions - skift.com - Saudi Arabia - Qatar - India - Thailand - Sri Lanka - city Doha, Qatar - city Jeddah, Saudi Arabia
skift.com
24.05.2024

TBO Tek's Mega IPO, Air India-Vistara Merger and Visa Waiver Extensions

From TBO Tek’s IPO launch and Akasa Air’s international network to the future of Vistara’s loyalty program post its merger with Air India, join Skift Asia Editor Peden Doma Bhutia and India Reporter Bulbul Dhawan as they discuss some of the biggest headlines from India.

Air India-Vistara Loyalty Programs: How Will They Be Combined? - skift.com - India
skift.com
17.05.2024

Air India-Vistara Loyalty Programs: How Will They Be Combined?

As the merger of Air India and Vistara airlines picks up steam, the process of merging their loyalty programs has also begun.

Air India-Vistara Merger Picks Up Steam - India Report - skift.com - Singapore - city Singapore - India - county Will - city Mumbai - county Campbell - Kuwait - city Doha - city Jeddah - city Ahmedabad
skift.com
15.05.2024

Air India-Vistara Merger Picks Up Steam - India Report

The merging of Air India and Vistara seems ahead of schedule, according to reports in Indian media that cite Air India CEO Campbell Wilson’s comments at a town hall meeting with the employees.

Air India Express Cancels Over 80 Flights on Thursday - skift.com - India
skift.com
09.05.2024

Air India Express Cancels Over 80 Flights on Thursday

Air India’s low-cost subsidiary Air India Express canceled 85 flights on Thursday amid mass sick leave by cabin crew. The cancellations affected almost one-quarter of its entire flying program. In a statement, the airline said that it would operate 283 flights on Thursday. 

What's Driving International Gains For Indian Airlines? - skift.com - India - Uae - city Mumbai - city Delhi - county Campbell - city Bangalore - Marriott
skift.com
08.05.2024

What's Driving International Gains For Indian Airlines?

Indian airlines will account for half of the country’s international passenger traffic by the 2027-28 financial year, according to a report by credit rating agency CRISIL Ratings. That’s up from 43% this fiscal year, with India’s international passenger traffic at around 70 million.

India Ramps Up Its Promotion as a Wedding Destination - skift.com - Switzerland - India - Thailand - city Jaipur - city Astoria - city Fairmont
skift.com
07.05.2024

India Ramps Up Its Promotion as a Wedding Destination

India is actively promoting itself as the next big wedding destination. At the first “Wed in India” Expo ongoing in Jaipur till Wednesday, tourism ministry official Manisha Saxena said that the rapid infrastructure development across India is aiding destination weddings. 

Emirates Reveals First 9 Destinations for New Airbus A350 - skift.com - France - Italy - Britain - Scotland - India - Sri Lanka - city Mumbai - Bahrain - Oman - city Muscat, Oman - Kuwait - city Ahmedabad
skift.com
06.05.2024

Emirates Reveals First 9 Destinations for New Airbus A350

Emirates is famed for its extravagant service onboard its current fleet of Boeing 777s and Airbus A380s. It’s therefore little surprise that expectations are high for its incoming A350s – an aircraft that has been years in the making.

Is Air India’s A350 Dubai Debut a Warning Shot to Emirates? - skift.com - Qatar - India - Uae - city Abu Dhabi - city Delhi - city Chennai - city Dubai - city Hyderabad - city Doha - county Summit
skift.com
02.05.2024

Is Air India’s A350 Dubai Debut a Warning Shot to Emirates?

Air India’s new flagship has made its debut on the international stage. On Wednesday night, Flight AI995 departed Delhi for Dubai, operated by an Airbus A350-900 for the first time. 

State Bank of India Launches Travel Credit Card - India Report - skift.com - Georgia - Turkey - India - Thailand - Marriott
skift.com
30.04.2024

State Bank of India Launches Travel Credit Card - India Report

India’s largest bank State Bank of India (SBI) has launched its first-ever travel focused credit card. ‘SBI Card MILES’ has been launched in three variants to cater to different types of travelers, from beginners to frequent flyers. 

IndiGo Takes Next Step in Reaching Global Ambitions - skift.com - Turkey - India - city Istanbul
skift.com
25.04.2024

IndiGo Takes Next Step in Reaching Global Ambitions

IndiGo, which operates on the no-frills philosophy, has perfected its model of keeping costs low since 2006. The airline is one of the biggest customers of the A320/320neo family, with 1,340 of these ordered and over 350 in operation. 

Indian GenZs Plan International Travels After Getting First Salary - India Report - skift.com - Japan - city Tokyo - India - city Delhi - city Mumbai, India
skift.com
24.04.2024

Indian GenZs Plan International Travels After Getting First Salary - India Report

More than 81% of the Indian GenZs – aged between 18 and 25 years – start planning their first international trips as soon as they secure a job or receive their first paycheck, online travel agency Skyscanner has revealed in a new report. Indians are historically known to start saving as soon as they are employed and have been conservative with their travel spends. These findings highlight how the youth, especially the growing middle class, is changing the tourism landscape in the country.

India Becoming Hub Between Southeast Asia and Middle East - skift.com - Israel - India - city Bangkok - city Mumbai - city Delhi - Iran - city Chennai - city Dubai - city Jeddah
skift.com
23.04.2024

India Becoming Hub Between Southeast Asia and Middle East

India is becoming a convenient hub for travel between Southeast Asia and the Middle East, IndiGo Chairman V Sumantran said during his address at a college in Chennai. He also cited the example of several airlines carrying passengers from places such as Bangkok to Jeddah or Dubai by connecting through Indian cities.

India’s Domestic Air Passenger Traffic Surpassed Pre-Covid Levels - skift.com - Australia - Singapore - Qatar - India - city Mumbai - county Gulf - city Doha, Qatar
skift.com
16.04.2024

India’s Domestic Air Passenger Traffic Surpassed Pre-Covid Levels

The domestic air passenger traffic in India during the 2023-24 financial year is estimated to stand at 154 million, according to credit rating agency ICRA. This figure surpasses the pre-Covid figure of 142 million domestic air passengers recorded in the 2019-20 financial year. The agency further stated that domestic air passenger traffic witnessed a 13% increase from last year. 

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