by AIP Online Bureau | Sep 14, 2023 | Indian News, Non-Life
The passengers on the Vizag-Mumbai flight included Dhruv Kotak, Lars Sorensen, K.K. Krishnadas, Aakarsh Shethi, Arul Sali, and Kamakshi Mumbai: A private jet veered off the runway while landing at the Mumbai airport on Thursday amid heavy rains and all the eight...
by AIP Online Bureau | Aug 2, 2023 | International News, Non-Life
Lessors are suing dozens of insurers around the world for billions of dollars after more than 400 planes were unable to leave Russia due to Western sanctions in response to Moscow’s invasion of Ukraine that forced the termination of their leases Some of the world’s...
by AIP Online Bureau | Jun 10, 2023 | Data, Eco/Invest/Demography, Non-Life, Policy
Domestic air travel in India has soared by an astonishing 130 per cent, with an estimated annual count of 145 million passengers exploring the country’s skies “Additionally, international passenger movement has experienced a noteworthy upswing, registering...
by AIP Online Bureau | May 13, 2023 | Indian News, Non-Life, Regulation
The move by the Aviation Working Group, a UK-based entity that monitors leasing and financing laws, could raise leasing costs for Indian airlines and hurt lessors’ confidence just as the world’s third-largest domestic market faces record growth India has...
by AIP Online Bureau | Jan 8, 2023 | Eco/Invest/Demography, Indian News, Non-Life, Reinsurance
Civil Aviation Ministry officials said that there were about 400 aircraft in 2013 and in 2021-22, the number increased to 700. Airlines in India are going to add 15 per cent capacity or 100 to 110 aircraft per year and the aviation sector is looking at close to 1,200...
