Centre for Asia Pacific Aviation News

The number of air travellers in the country is slated to rise more than threefold to 218 million by 2025 from 70 million in 2015 and each metro requires a second greenfield airport to handle the traffic, a report says.

IndiGo's IPO, valuing its parent company at over USD 4 billion, is a significant milestone for the domestic aviation sector that has been grappling with adverse conditions over the last many years, says a report.

The airline's total revenue rose by 6.5 percent to Rs 2070 crore during December 2014 as compared to Rs 1,944 crore in the same period of 2013, official sources said here.