Latest news with #ETTravelWorld
Time of India
40 minutes ago
- Business
- Time of India
Sustainable Aviation Fuel Production Set to Double Amidst Policy Challenges, ET TravelWorld
Advt By , ETTravelWorld Join the community of 2M+ industry professionals Subscribe to our newsletter to get latest insights & analysis. Download ETTravelWorld App Get Realtime updates Save your favourite articles Scan to download App The International Air Transport Association ( IATA ) has cautioned that policy and market inefficiencies could obstruct the scaling up of sustainable aviation fuel (SAF), even as global production is forecast to double to 2 million tonnes in 2025. Despite this growth, SAF will still account for just 0.7 per cent of total airline fuel consumption.'While it is encouraging that SAF production is expected to double to 2 million tonnes in 2025, that is just 0.7 per cent of aviation's total fuel needs. And even that relatively small amount will add USD 4.4 billion globally to the fuel bill,' said Willie Walsh, IATA's Director General. He noted the need for rapid acceleration in production and cost-efficiency mandates that came into force in January 2025 have driven up SAF costs. Airlines purchasing SAF to meet the EU and UK targets are now facing costs five times higher than conventional jet fuel. Of the USD 1.2 billion market price for the 1 million tonnes expected to be used to meet mandates, an additional USD 1.7 billion in compliance fees could have otherwise reduced carbon emissions by 3.5 million tonnes.'This highlights the problem with the implementation of mandates before there are sufficient market conditions and before safeguards are in place against unreasonable market practices that raise the cost of decarbonisation,' Walsh support global market development, IATA has launched two initiatives: a SAF registry under the Civil Aviation Decarbonization Organization (CADO), and a SAF Matchmaker to connect buyers and is also urging governments to redirect fossil fuel subsidies, integrate SAF into broader energy policy, and uphold the Carbon Offsetting and Reduction Scheme for International Aviation (CORSIA). Only Guyana has made eligible emissions units available for airlines so the third-largest oil consumer globally, has set a SAF blending target of 2 per cent for international flights by 2028. Through partnerships with ISMA and Praj Industries, IATA aims to support India's biofuel ambitions using global standards and lifecycle assessments.
Time of India
4 hours ago
- Business
- Time of India
Growth of Indian Aviation: Air India Chief Highlights Investment Opportunities, ET TravelWorld
Advt Advt Join the community of 2M+ industry professionals Subscribe to our newsletter to get latest insights & analysis. Download ETTravelWorld App Get Realtime updates Save your favourite articles Scan to download App Indian carriers having more planes in their fleets provides businesses a rationale to invest in the country's aviation space as there will be a local market as well as an export market for services and support, according to Air India chief Campbell Wilson In an interview to PTI, Wilson said there is a lot of interest in India and a lot of people are keen to partner with Air India. "There is an air about India".The country's aviation industry directly employs 3,69,700 people and generates USD 5.6 billion of GDP. When indirect, induced and tourism impacts are included, the total rises to 7.7 million jobs and USD 53.6 billion of GDP (1.5 per cent), as per global airlines' grouping IATA , which is holding its annual general meeting in India after a gap of 42 years."There is a lot of confidence people are drawing from the transformation of Air India but also Indian aviation. (People are more) willing to invest in India."The fact that there is going to be a much more sizeable Indian-domiciled fleet gives all sorts of businesses a rationale to invest because there is a local market in addition to an export market for services and support. So, surely the interest is coming and I think the benefits will accrue in the years to come," the Air India CEO and MD than 2,500 civil aircraft are expected to come into India in the next 20 India and IndiGo have placed orders for more than 1,000 planes in recent years. The Tata Group-owned Air India is also in the middle of a five-year transformation also stressed that there is a healthy competition in India among emphasising that there is an air about India, Wilson, who has been helming Air India for nearly three years, also said the country is having an increasing say and an increasing share of voice at the OEMs (Original Equipment Manufacturers)."The biggest aircraft orders in history have been made by the Indian carriers in the last couple of years. India is a large market and by far, the fastest growing large market in the world," he Friday, IATA Director General Willie Walsh said India's place in global aviation has changed dramatically, particularly over the last decade. The country has seen record aircraft orders, impressive growth, and world-class infrastructure developments, he International Air Transport Association (IATA) represents about 350 airlines comprising over 80 per cent of the global air traffic.
Time of India
a day ago
- Entertainment
- Time of India
Dubai Tourism Campaign: Dubai Tourism Unveils Exciting Campaign Featuring Virat Kohli and Anushka Sharma, ET TravelWorld
Advt By , ETTravelWorld Join the community of 2M+ industry professionals Subscribe to our newsletter to get latest insights & analysis. Download ETTravelWorld App Get Realtime updates Save your favourite articles Scan to download App The Dubai Corporation for Tourism and Commerce Marketing ( Visit Dubai ), part of the Dubai Department of Economy and Tourism (DET), has unveiled a new campaign—Dubai, Ready For a Surprise—with Indian celebrities Virat Kohli and Anushka Sharma at its centre. The campaign represents their first destination-led partnership and positions Dubai as a multifaceted destination appealing to a wide range of Indian visited Dubai frequently, Kohli and Sharma's familiarity with the destination forms the foundation of the campaign's narrative. It follows the couple as they surprise one another with curated activities across the city, from cultural encounters and culinary explorations to adventure sports and serene escapes. The campaign film concludes with an open-ended moment, hinting at further experiences yet to be to the DET, the initiative reflects Dubai's efforts to enhance engagement with Indian travellers through emotional storytelling and cultural familiarity. 'This collaboration with Virat and Anushka is a natural fit,' said Issam Kazim, CEO of the Dubai Corporation for Tourism and Commerce Marketing. 'Their deep connection with Dubai makes them ideal ambassadors, helping us offer a refreshed perspective of the city.'Commenting on the campaign, Kohli said Dubai 'always feels just right' and praised the city's ability to blend the familiar with the unexpected. Sharma added that each visit to Dubai brought 'new discoveries' and emphasised the city's unique ability to align with varied moods and additional Anushka Sharma said: 'Every visit to Dubai feels like a new discovery. Whether it's for work, or to be with friends, the city surprises you in the best ways. It is a warm city, extremely comforting yet very exciting and there is something new to explore always. From thrilling adventures to unexpected moments, Dubai has a way of matching every mood and every need. We're happy to be a part of this collaboration with Dubai and to uncover fresh, exceptional experiences and personalised ways to fall in love with the city.'The campaign is being rolled out across digital platforms, social media, and offline activations. It underscores DET's continued focus on India, which remains one of Dubai's most important inbound tourism markets.
Time of India
a day ago
- Business
- Time of India
Israel Tourism Showcases India Collaboration at IMTM 2025 in Tel Aviv, ET TravelWorld
Advt By , ETTravelWorld Join the community of 2M+ industry professionals Subscribe to our newsletter to get latest insights & analysis. Download ETTravelWorld App Get Realtime updates Save your favourite articles Scan to download App The Israel Ministry of Tourism (IMOT) concluded the 31st edition of the International Mediterranean Tourism Market (IMTM) on 7–8 May 2025 in Tel Aviv. Recognised as a leading tourism gathering in the Mediterranean region, the event welcomed 24 tour operators from 11 countries including India, alongside international media, to strengthen global collaboration in featured prominently as one of the key markets, with delegates including Chandrasekar Krishnakumar (PickYourTrail), Manoj Das (Tern Voyages), and Vanessa Mehra (Aaryan Holidays). The Indian delegation participated in a series of seminars, B2B meetings, and cultural exchanges, including the Gala Evening held at the historic Knights' Halls in Shahar, Director-General of the Israel Ministry of Tourism, said, 'We aim to welcome 7 million tourists by 2030. To achieve this, we are building smart strategies, long-term partnerships, and immersive experiences that go beyond the usual. India is a vital market for us and we are delighted to see growing interest and trust from the Indian travel fraternity.'Beyond the exhibition, the visiting delegates experienced Israel's diverse tourism offerings—from the spiritual landscapes of Jerusalem and the Dead Sea to the cosmopolitan vibrancy of Tel Aviv. Two Indian delegates extended their stay to further explore the country, a sign of rising confidence and interest in Israel as a safe and enriching India emerging as one of the fastest-growing outbound markets, IMTM 2025 has reinforced Israel's intent to deepen ties with Indian travel professionals. The event marked a significant step in expanding inbound tourism by creating stronger links with travel trade and media stakeholders from across the globe.
Time of India
3 days ago
- Business
- Time of India
IndiGo Long-haul Flights: IndiGo Expands Global Reach with 10 New International Destinations Including London and Copenhagen, ET TravelWorld
Advt IndiGo makes global leap: FY25 sees Rs 7,258 cr profit & leap into long-haul ops Beginning July 1, 2025, IndiGo will offer thrice-weekly direct flights between Mumbai and Manchester, becoming the only airline currently providing nonstop service on this route and also the only low-cost carrier in the country offering long-haul flight services. A day later, on July 2, the airline will launch another long-haul flight connecting Mumbai to Amsterdam, also operating three times a week. Both routes will be served by Boeing 787-9 Dreamliner aircraft, leased from Norse Atlantic Airways, marking IndiGo's official entry into long-haul wide-body operations. See More Details Advt By , ETTravelWorld Join the community of 2M+ industry professionals Subscribe to our newsletter to get latest insights & analysis. Download ETTravelWorld App Get Realtime updates Save your favourite articles Scan to download App India's largest airline, IndiGo , is poised to deepen its global footprint with the launch of 10 new international destinations in FY26, including long-haul direct flights to London, Copenhagen, and Athens. This expansion marks a pivotal chapter in IndiGo's evolution from a dominant domestic carrier to a significant global aviation at a press event ahead of the IATA AGM 2025 to be hosted in Delhi next week, the expansion strategy aligns with IndiGo's larger ambition of transforming into a global airline by 2030. "FY25 has been a pivotal year in our journey. As India continues to rise as one of the fastest-growing aviation markets, IndiGo is firmly committed to contributing to this momentum," said Pieter Elbers , CEO, IndiGo.A key enabler of IndiGo's international push is its aggressive fleet expansion. With one new aircraft joining its fleet every week, the airline expects to surpass 600 aircraft by 2030. A major development includes the damp lease agreement with Norse Atlantic Airways for six Boeing 787-9 Dreamliner aircraft, scheduled to arrive by early 2026, complementing the anticipated arrival of A350s in long-range A321XLR aircraft—joining IndiGo's fleet in FY26—will further empower the airline to enter new medium-to-long haul markets, making destinations like Athens viable for direct connectivity from flights from India to London, Copenhagen, and and Amsterdam flights launching July of four new destinations and reactivation of Almaty and Tashkent routes from service to Siem Reap (Cambodia), increased capacity to Bali (Indonesia), Ho Chi Minh City, and Hanoi (Vietnam).These additions will bring IndiGo's international destinations to 51, solidifying its global strategy. The carrier will also grow its domestic network to 95 stations with upcoming operations at Adampur (Jalandhar) and Hindon (Ghaziabad), along with becoming the first airline to commence flights from the Navi Mumbai and Noida (Jewar) a major infrastructure development, IndiGo signed an MoU with Bangalore International Airport Ltd. (BIAL) for a 31-acre MRO (Maintenance, Repair, Overhaul) facility. Designed to support both narrow- and wide-body aircraft, the facility is expected to streamline maintenance, increase aircraft availability, and enhance operational continues to forge international partnerships as part of its global strategy. A reciprocal codeshare with Japan Airlines is underway, and additional alliances are in the the customer experience is evolving with the rollout of IndiGoStretch—its business-class equivalent. Currently operating on 140 daily flights within India, the product will debut internationally in June 2025, starting with Delhi/Mumbai to Bangkok, Singapore, Phuket, and Dubai.
