Rs 30 crores disbursed during FY 23 under PLI Scheme for drones and drone components: Centre

New Delhi/IBNS: The Ministry of civil aviation has disbursed nearly Rs 30 crores to the beneficiaries during FY 2022-23 under the PLI Scheme for drones and drone components, an official statement said on Tuesday.

Aviation ministry to pitch for four fold increase in FY23 budgetary allocation: Report

New Delhi/IBNS: The Ministry of Civil Aviation and the Airports Authority of India expect 2022-23 to be a big year for the industry and estimate they will need a budgetary allocation of Rs 2,500 crore under the UDAN regional connectivity scheme in 2022-23, according to a Money Control report.

UDAN may face headwind due to the second wave of COVID-19: ICRA

New Delhi/UNI: UDAN (Ude Desh ka Aam Naagrik) scheme of Ministry of Civil Aviation (MoCA) may face headwind owing to financial stress on airline operators inflated by the second wave of COVID-19, private rating agency ICRA said in a statement Tuesday.

Recovery in domestic air passenger traffic in August 2020 from previous month but down from previous year: ICRA

Kolkata/IBNS: The Indian aviation industry saw a recovery in domestic passenger traffic in August 2020, with a sequential growth (over July 2020) of 25 per cent to 26 lakh passengers, said ICRA in a recent release.