Religious tourism has been experiencing a resurgence in India, and Oyo recognizes the importance of securing the first-mover advantage in this growing trend.
A notable increase in both international and domestic air travel reflects positive trends in the country's aviation industry. This should stem the worry of those who fear a decline within the industry.
As Go First’s operations remain suspended and financially-troubled SpiceJet’s schedule shrinks, Indigo and Air India will shoulder the bulk of responsibilities in the Indian aviation industry.
Destinations are betting big on India’s travel market. With a growing economy, young population, and rising middle class, the country is positioned to become one of the most lucrative outbound tourism markets in the world.
At a time when most Indian airlines and airport operators are eyeing growth and announcing expansion plans, the country’s pilots and cabin crew fraternity are still struggling to negotiate salaries and flight duty timings.
Demand drivers such as the G20 Summit, ICC Cricket World Cup 2023, wedding season and international tourist arrivals will continue to boost the demand for rooms.
Turbulence hits Tata Group at a time when its airline has ambitious plans to modernize fleet, operational systems and revenue management, and has lined up a record order for 470 aircraft.