Domestic air passenger traffic hits single-day record on Nov 17

19 Nov 2024 CW Team

Marking a new record, domestic air passenger traffic crossed 5 lakh for the first time in a single day on Sunday, reflecting strong travel demand amid festive and wedding seasons. Airlines carried 5,05,412 passengers on Sunday (November 17) and the number of flight departures was at 3,173, according to the latest data from the civil aviation ministry. It was the first time that domestic air passenger traffic crossed the 5 lakh-mark in a single day. "Domestic travel has witnessed strong demand during the festive season. Daily flown pax crossed 5 lakh on 17th Nov."The high pax movement is largely backed by robust festive demand and the start of the wedding season. We expect strong demand to continue in the winter season," Gaurav Patwari, Vice President - Air Category - at travel portal Cleartrip, said. The occupancy of flights operated by the main scheduled carriers on Sunday were above 90% . However, On Time Performance (OTP) of the airlines have been impacted in recent days due to various factors. On Sunday, the OTP of IndiGo was at 74.2% , followed by Alliance Air at 71 % and Akasa Air at 67.6 % . Among other airlines, SpiceJet and Air India's OTP stood at 66.1 % and 57.1 % , respectively. In October, aviation watchdog DGCA said Indian airlines will operate 25,007 flights every week to and from 124 airports in the winter schedule that started from October 27. The number of flights is three % higher than 24,275 departures per week from 125 airports in the current summer schedule. In comparison to the winter schedule 2023, the number of flights has increased by 5.37 % . The winter schedule is from October 27, 2024 till March 29, 2025.

Infrastructure Urban

06 Apr 2026

InsideFPV Delivers ₹10 Crore Kamikaze Drone Order Under MoD’s EPR Route

InsideFPV, a Surat-based drone technology manufacturer, has successfully executed a ₹10 crore defence contract to supply indigenous kamikaze drones under the Ministry of Defence’s Emergency Procurement Route (EPR). The company completed the delivery of hundreds of FPV kamikaze drone platforms within a rapid two-month timeframe, highlighting its ability to meet urgent military procurement timelines.The supply orders were fulfilled under the emergency procurement mechanism, which is aimed at fast-tracking acquisitions for immediate operational needs. InsideFPV’s quick execution reflects it..

Vedanta Resources Secures Fitch Upgrade to ‘BB-’, Best Rating Since 2015

Vedanta Resources Limited (VRL), a global player in metals, oil & gas, critical minerals, power and technology, has received a credit rating upgrade from Fitch Ratings, marking its strongest bond rating in over a decade.Fitch has raised Vedanta Resources’ Long-Term Foreign-Currency Issuer Default Rating (IDR) to ‘BB-’ from ‘B+’, while maintaining a Stable Outlook. The agency also upgraded VRL’s senior unsecured rating, along with the ratings of US dollar-denominated bonds issued by Vedanta Resources Finance II Plc and guaranteed by VRL, to ‘BB-’.The upgrade represents Vedan..

NAREDCO NextGen NCR Chapter Launched

The NAREDCO NextGen NCR Chapter was recently launched at Excelerate 2026 in Mumbai, marking a key step towards integrating emerging real estate leaders from the National Capital Region with the national platform. The initiative aims to promote sustainable and responsible urban development through collaboration and knowledge exchange.The event brought together young developers, entrepreneurs, and professionals from across NCR, including Noida, Gurugram, Ghaziabad, Faridabad, Bhiwadi, and Meerut. Discussions focused on urban development, finance, sustainability, innovation, and policy, emphasisi..