India's airports are expanding fast because passenger traffic has rebounded past pre-pandemic levels, low-cost carriers made flying routine, and the UDAN schem…
Facing a severe balance-of-payments crisis, India launched sweeping economic reforms that began dismantling decades of state-controlled industrial policy. Aviation itsel…
The Air Corporations Repeal Act took effect on 1 March 1994, formally ending Indian Airlines' and Air India's exclusive monopoly over scheduled domestic air services and…
Captain G.R. Gopinath launched Air Deccan's first commercial flight between Bengaluru and Hubli on 25 August 2003, introducing no-frills, low-fare air travel to India fo…
Operations, Management and Development Agreements were signed on 4 April 2006, handing Delhi's IGI Airport to GMR-led DIAL and Mumbai's CSMIA to GVK-led MIAL — a public-…
The Ministry of Civil Aviation launched UDAN on 21 October 2016 to cap fares and subsidise flights to underserved routes. The first UDAN flight operated between Shimla a…
Adani won bids to operate six airports in 2019, with concessions signed through late 2020, then acquired a 74% stake in Mumbai's CSMIA in July 2021 — the entry point for…
The Tata Group formally took over Air India on 27 January 2022, paying ₹2,700 crore in cash and assuming roughly ₹15,300 crore of debt, ending 69 years of state ownershi…
Air India finalised an order for 470 aircraft in June 2023 (later 570), while IndiGo ordered 500 Airbus A320-family jets — still the largest single aircraft order in com…
Navi Mumbai International Airport was inaugurated 8 October 2025, with domestic flights from December 2025 and international service from July 2026. Noida International…
AAHL signed agreements to raise roughly $1 billion in fresh primary equity from Alpha Wave Global, Premji Invest, Temasek and BlackRock-managed funds, valuing the compan…
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