Author name: Aviation World

2026

ixigo Delivers All-time High PAT of Rs.63.42 Cr in Q2 FY27

Gurugram, 17 October 2026: ixigo (Le Travenues Technology Ltd) , India based AI-based travel platform has announced its standalone and consolidated financial results for the quarter ended September 30, 2026. ixigo delivered resilient growth in Q2 FY27, supported by its diversified multimodal travel business. Gross Transaction Value (GTV) grew 22% YoY to Rs. 5,304.47 Cr, while Revenue from Operations increased 13% YoY to Rs. 320.96 Cr. Contribution Margin rose 14% YoY to Rs. 124.86 Cr. This is the first quarter ixigo has started disclosing hotels as a separate line of business. Hotels has emerged as ixigo’s fastest-growing line of business with GTV growth of +159% YoY, Revenue growth of +528%, with a 12%+ gross take rate. 86%+ of bookings came from ixigo’s own captive users. The business crossed approximately 4.7 lakh room nights in Q2 FY27, making it one of the fastest growing hotel OTAs in India. Hotel inventory stood at 70,000+ properties in India, including 12,000+ directly contracted properties across 1,100 towns. Flight and Bus led the quarter with GTV growth of 37% and 32% YoY, respectively. ixigo expanded its distribution by powering train bookings on Uber, alongside its existing bus integration, while food delivery through Zoop and Swiggy now services over 290 railway stations. Higher airfares and limited availability of confirmed train tickets continued to support intercity bus demand growth, complemented by investments in customer experience and deeper supply expansion. AbhiBus further strengthened its offering with the launch of Women Zone, a booking option for solo women travellers. Hotels: ixigo’s Next Growth Engine Crossed 5000 Hotel room nights per day, growing 3.9x YoY Hotels GTV grew 2.6x YoY to Rs. 111.34 Cr in Q2 FY27, including Brevistay. Hotels Revenue grew over 6x to Rs. 8.1 Cr in Q2 FY27 The company continued to invest in supply, product and customer experience, with emerging product-market fit in Hotels. Key Performance Highlights – Q2 FY27 Gross Transaction Value (GTV) stood at 5,304.47 Cr in Q2 FY27, registering 22% YoY growth compared to Rs. 4,347.50 Cr in Q2 FY26. Revenue from Operations grew 13% YoY to Rs. 320.96 Cr in Q2 FY27 from Rs. 284.23 Cr in Q2 FY26. Contribution Margin (CM) increased 14% YoY to Rs. 124.86 Cr in Q2 FY27 from Rs. 109.58 Cr in Q2 FY26. Adjusted EBITDA (EBITDA plus ESOP Expenses less Other Income) stood at 23.58 Cr in Q2 FY27, down 17% YoY from Rs. 28.48 Cr in Q2 FY26. Profit before share of loss of an associate, exceptional items and tax stood at 33.53 Cr in Q2 FY27 Q2 FY27 also recorded an all-time high Profit After Tax at Rs.63.42 Cr Management Commentary Aloke Bajpai (Group CEO), Rajnish Kumar (Group Co-CEO), and Saurabh Devendra Singh (Group CFO) stated:  “In Q2 FY27, we delivered resilient growth with Quarterly GTV of ₹5,304 Crores, up 22% YoY, and Revenue from Operations of ₹321 Crores, up 13% YoY. Our PAT was an all-time high aided by our partial sale of stake in Freshbus. Flight and Bus led the quarter with GTV growth of 37% and 32% YoY respectively. From this quarter onwards, we are disclosing a new line of business of Hotels which grew GTV 2.6x YoY to ₹111 Crores with a gross take rate of more than 12%. We continue to invest in Hotels and AI as key drivers of our long-term growth.”

Airports

Kempegowda International Airport Bengaluru and Vancouver International Airport announce sister airport agreement

Bengaluru, October 16, 2026: Kempegowda International Airport Bengaluru (BLR Airport) and Vancouver International Airport (YVR), along with Maninder Sidhu, Canada’s Minister of International Trade has announced the signing of a sister airport agreement aimed at building further operational, technological, economic, and air service connections between Western Canada and Southern India. The memorandum of understanding between the two airports is focused on seven different areas of collaboration, including innovation to further support efficient airport operations through the use of technology. This includes work around YVR Airport’s Digital Twin as well as emerging tools and potential innovation pilot projects that could be jointly developed or trialed between the YVR and BLR Airport teams. The agreement also lays out efforts to further the transit of air cargo between Southern India and Canada and, particularly when it comes to supporting growing industries such as the tech sector in the two regions, as well as a goal of developing direct air service between Bengaluru and Vancouver. “This agreement highlights the growing importance of the Canada–India corridor and the need for stronger collaboration across the aviation ecosystem to support passengers, cargo, and trade. The partnership between YVR and Kempegowda International Airport Bengaluru is a practical example of that approach in action,” said Albert van Veen, Vice President of Innovation and Chief Information Officer, Vancouver International Airport. “By working together, both airports are exploring ways to improve the passenger journey while enhancing operational efficiency and resilience, not to mention supporting continued travel and trade growth between our two countries.” Two-way trade between Canada and India was valued at more than $10.9 billion in 2025 alone, with both governments working to grow volumes considerably in the coming years. British Columbia is home to one of the largest Indian diasporas in the world, comprising nearly 500,000 people and representing close to 10 per cent of B.C.’s population. Meanwhile, Bengaluru has seen considerable population growth with a rapidly growing tech sector and increasing business-to-business connections with Western Canada and the Western United States. “This strategic partnership establishes a robust framework to advance technology integration and operational excellence by benchmarking against global best practices. By leveraging Vancouver’s standing as a premier international gateway and Bengaluru’s position as one of India’s most dynamic aviation hubs, the collaboration will focus on co-developing next-generation capabilities across digital platforms, data-driven decision-making, and process optimization. Our teams will work closely to exchange proven models in smart airport technologies, sustainable operations, and terminal performance management, setting new benchmarks in efficiency, resilience, and passenger experience. This partnership reinforces our shared commitment to building future-ready airports that deliver consistently world-class outcomes,” said Girish Nair, Chief Operating Officer of Bangalore International Airport Limited (BIAL). Hon. Maninder Sidhu, Canada’s Minister of International Trade, said: “As we move at speed to diversify Canada’s trade relationships with partners like India, our trade corridors are seeing real results. At Vancouver International Airport, air cargo volumes grew by 7.4% in 2025, and today’s agreement with Kempegowda International Airport Bengaluru lays the groundwork for direct air service to one of the world’s fastest-growing markets. That means more trade, more investment and stronger people-to-people ties between our countries.” “The announcement of a sister airport agreement between YVR and India’s BLR Airport in Bengaluru marks a significant milestone in deepening economic connections between Western Canada and Southern India, establishing a new runway for shared technological and innovative collaboration as Canada actively bolsters its engagement with the world’s most populous democracy,” says Jeff Nankivell, President & CEO of the Asia Pacific Foundation of Canada. “This is an important first step in establishing direct air connectivity between these two growing trade and transport hubs, which combinedly handled more than 885,000 metric tonnes of cargo and welcomed 71 million passengers last year. This new agreement promises significant economic benefits for Canada and India in the years ahead.” “In an era of accelerating change, strategic connectivity is essential for business leaders,” says Victor Thomas, President and CEO of the Canada India Business Council. “The linkage between two world-class innovation hubs through YVR and BLR will strengthen Canada–India business ties and unlock new economic opportunities.” YVR Airport is coming off a record year in 2025, with 26.9 million passengers travelling through the airport and the movement of 365,000 tonnes of cargo, up 7.4 per cent from 2024. The airport is set to eclipse those numbers in 2026 with a continued increase in passenger traffic and double-digit growth in cargo volumes. This was accomplished thanks to strong operations and customer service combined with globally recognized innovation. YVR was recently voted Best Airport in North America by Skytrax for a record 15th year and named as one of the top 10 airports globally. YVR also recently announced a commitment to doubling air cargo volumes in the next five years in support of diversifying trade and getting more of Canada to global markets. BLR Airport also celebrated a strong 2025, with 44.47 million passengers including a 23.9 per cent increase in international passengers. The airport moved 532,000 tonnes of cargo last year, up 6 per cent year over year, and is India’s leading gateway for perishable exports.

2026

SITA to acquire Collins Aerospace Airport Solutions

Delhi, 15 October 2026:  SITA has announced its plans to acquire Collins Aerospace Airport Solutions, which provides passenger processing, baggage, and airport operations technology capabilities, strengthening SITA’s ability to deliver more seamless and resilient operations across the air transport industry. Collins Aerospace Airport Solutions provides technology and operational expertise that moves passengers and bags through the terminal, from check-in and self-service touchpoints to bag drop and the mission-critical systems that keep airport operations running. The acquisition is expected to close over the course of H1 2027, subject to customary closing conditions, including receipt of required regulatory approvals. “Air transport is growing and so are expectations. Our industry increasingly needs technology, innovation and people working together to connect each part of the journey, so disruptions are prevented, or fixed fast when they happen,” said David Lavorel, Chief Executive Officer, SITA. “This acquisition extends SITA’s offerings and capabilities, reinforcing our commitment and role as the trusted technology partner our customers rely on.” Bringing together SITA and Collins Aerospace Airport Solutions will strengthen support for all customers and contribute to improved passenger, baggage and wider airport operations. “Ask an airport what it wants from a technology provider, and the answer is a trusted partner,” said Nathalie Altwegg, Senior Vice President, Airports, SITA. “That means understanding its environment, working closely with its teams, and being there when support is needed. This acquisition will strengthen our ability to do that for more customers across the industry.”

Events

Bratislava to Host CAPA Airline Leader Summit Airlines in Transition 2027

Delhi, October 15th 2026: CAPA – Centre for Aviation, part of Aviation Week by Informa, announced that Bratislava, Slovakia, will host the CAPA Airline Leader Summit Airlines in Transition 2027, bringing senior airline executives and aviation decision-makers to the Slovak capital on 8-9 April. One of the flagship events in CAPA’s global summit series, the event will bring together airline CEOs and C-suite executives, policymakers, industry suppliers and thought leaders to examine the fundamental changes reshaping the global air transport sector. Taking place at a time of significant transformation across the industry, the two-day summit will explore how aviation leaders are responding to evolving business models, changing passenger expectations, technological innovation, sustainability pressures, geopolitical uncertainty and an increasingly complex operating environment. Bratislava provides a timely setting for these discussions. Located at the heart of Central Europe, the Slovak capital combines strong regional accessibility with a rapidly expanding aviation market. Bratislava Airport handled a record 2.44 million passengers in 2025, representing 25% year-on-year growth, while significant airline investment has continued to expand the airport’s network and capacity. The airport entered summer 2026 with the largest scheduled network in its history, offering 77 routes to 63 destinations across 29 countries—almost double the number of scheduled routes available the previous year. The expansion reflects growing airline confidence in the market, with both Ryanair and Wizz Air increasing their presence. Claudia Kunz, Senior Director, Events, CAPA and GAD, said: “CAPA Airline Leader Summit Airlines in Transition is designed around the issues that are keeping aviation leaders awake at night and the strategic decisions that will define the next generation of the airline industry.” Kunz added: “The growth taking place across the Slovak aviation market, together with the city’s position at the heart of Europe, makes it an extremely relevant location to bring together airline and industry leaders from across the world. We look forward to welcoming the industry to Bratislava for two days of candid discussion, insight and collaboration as we examine how airlines can successfully navigate a period of continued change.” Dusan Novota, CEO of Bratislava Airport, said: “Neither Bratislava nor our airport has ever hosted an aviation event of this scale and significance, bringing together key stakeholders and decision-makers from across the global aviation industry. We are therefore truly honoured to welcome the CAPA Airline Leader Summit to Bratislava in 2027.” Novota added: “The timing could hardly be more relevant for us. Bratislava Airport is currently the fastest-growing medium-sized airport in Europe, recording triple-digit passenger growth. Hosting one of CAPA’s flagship global events at such an important stage in our development makes this opportunity even more significant for Bratislava, our airport and Slovakia as an aviation market.” The programme will combine CAPA’s independent market analysis with high-level airline leader interviews, panel discussions and strategic debate, providing delegates with insight into the most important commercial and operational issues facing global aviation. The 2026 edition of the event addressed themes including the evolution of airline business models, non-fare revenues, airline payments, partnerships and alliances, artificial intelligence and sustainability, bringing together senior leaders from across the global aviation sector.

2026

Air India to start non-stop Delhi-Osaka flights from February 2027

New Delhi, October 16, 2026: Air India has announced new non-stop flights between Delhi and Osaka (Kansai International Airport), becoming the only airline to operate on the Delhi-Osaka route. The flight will start operating from 2nd February 2027 onwards with  four weekly flights between Delhi and and Japan’s second-largest metropolitan area using its Boeing 787-8 aircraft, further strengthening connectivity between India and Japan. Osaka will become Air India’s second destination in Japan after Tokyo (Haneda), where the airline currently operates daily flights from Delhi and four weekly flights from Mumbai. The new service expands Air India’s presence in a market witnessing strong growth in demand from Indian travellers and deepening economic, tourism, and cultural ties between the two countries. The Boeing 787-8 deployed on the route features 18 full-flat beds in Business Class and 241 seats in Economy Class, delivering a comfortable travel experience between the two countries.

2026, Technology

PlaneSense to equip entire fleet of PC-12 turboprops and PC-24 Jets with Gogo Galileo connectivity

Broomfield, Colo.,16 October 2026 : PlaneSense, Inc., U.S. based fractional aircraft ownership company, announced its plans to equip its entire fleet of Pilatus PC-12 turboprops and PC-24 jets with Gogo Galileo satellite Wi-Fi, providing clients with faster, more reliable internet connectivity in flight. Following extensive research and evaluation, PlaneSense selected Gogo’s low Earth orbit (LEO) technology to enhance the onboard experience and help clients stay connected throughout their travels. “For more than 30 years, we have built the PlaneSense program around our clients’ needs, pairing a modern fleet with a thoughtful approach to technology and service,” says George Antoniadis, President and CEO, PlaneSense. “With Gogo Galileo, we are bringing reliable, high-performance bandwidth to our entire fleet. Our clients will be able to stay connected consistently from takeoff to landing, making their time onboard more productive and enjoyable.” PlaneSense operates the largest U.S. fleet of Pilatus PC-12 turboprops and PC-24 jets and will equip all 71 aircraft in its current fleet, as well as future deliveries, with Gogo Galileo’s compact, lightweight HDX antenna. The first Galileo-equipped PC-24 is scheduled for delivery in late October 2026. Installation on the existing jet fleet will begin at the same time, and all subsequent new PC-24s will arrive with Galileo factory-installed. Installation on the fleet’s PC-12s will begin in November 2026. PlaneSense plans to complete installation across its entire fleet by the end of 2027. Gogo Galileo is powered by the Eutelsat OneWeb LEO network, which delivers reliable high-speed, low-latency broadband globally. The HDX electronically steered antenna (ESA) offers a compact, lightweight, aerodynamic, and low-power solution and the system is “future-proof” for several reasons, including the fact that software updates can be deployed remotely. Rigorous testing gave PlaneSense confidence that Gogo Galileo can support multiple passengers as they stream video, participate in video meetings, and use other connected services simultaneously. “Our selection of Gogo Galileo builds on a relationship between PlaneSense and Gogo that dates back to the early 2000s,” explains Antoniadis. “We have long appreciated Gogo’s product quality and customer service, and I’m certain that together, we will meet the high expectations of our customers.” “We’re thrilled to be partnering with a premier fractional operator like PlaneSense,” says Chris Moore, CEO of Gogo. “Like all Gogo customers, PlaneSense fractional owners will also have access to our comprehensive suite of value-added services including advanced cybersecurity protections and training and industry-leading 24/7/365 global customer support. PlaneSense customers can rest easy knowing that Gogo minimizes data retention and protects customers’ sensitive information as we are committed to customer privacy.”

Top Stories

Embraer and Portugalia Airlines Sign Component Pool Program Agreement for E-Jets Fleet

Lisboa, October 16, 2026 : Embraer and Portugália Airlines, a TAP Group company, operating under the TAP Express brand have signed a Component Pool Program agreement to support the 19 E-Jets fleet operating regional routes. Embraer’s Pool Program will deliver comprehensive component support for twelve E-190 and seven E-195, helping optimize aircraft availability as the airline expands its operations. The Pool Program covers more than 300 aircraft components across multiple systems of the E-Jets and includes advanced exchange services, repair and overhaul solutions. “Following a brief experience with an alternative supplier, after some decades being served by Embraer through its Component Pool Program that we helped to set up during the launch of the Embraer ERJ145, it felt right to return to this Program that always served our needs and helped us grow. More than the Program itself is the Embraer team behind it with whom we relate in a fantastic way. A big thank to Embraer for the flexibility and true partnership during this transition process accommodating all our requirements,” says Mário Lobato de Faria, Portugália Airlines Managing Director. “We are proud to further strengthen our long-standing partnership with Portugália Airlines through this Component Pool Program agreement. Their continued confidence in our solutions is a testament to the value it delivers to operators worldwide. We look forward to support Portugália Airlines and its E-Jets fleet as it connects communities across its network,” says Carlos Naufel, President and CEO, Embraer Services & Support. Embraer’s Pool Program offers comprehensive component support to airlines worldwide, leveraging the company’s technical expertise and extensive services network. The program delivers significant savings and economies in component repair and inventory holding costs, reduces warehousing needs, and operates within a framework of guaranteed performance levels. Embraer Services & Support provides a wide range of customized solu

Business Aviation

Duncan Aviation orders 40 Gogo Galileo HDX systems

Broomfield, Colo., 14th October 2026 : Gogo has announced that Duncan Aviation, the world’s largest privately-owned business jet service provider, has placed a prepaid order for 40 Gogo Galileo HDX systems, marking Gogo’s largest single MRO order this year. The investment reflects anticipated customer demand for Gogo Galileo’s best-in-class connectivity and Duncan Aviation’s commitment to making its leading performance and reliability readily available to aircraft owners and operators. “As expectations around inflight connectivity rise, we anticipate growing demand for Gogo Galileo HDX and are ready to support it,” says Nate Klenke, Duncan Aviation’s Modifications Sales Manager. “Having equipment on hand gives us greater flexibility to plan installations around our customers’ schedules. We have confidence in the technology and in Gogo’s ability to support our team and customers over the long term.” Gogo has prioritised a reliable supply chain to ensure Galileo is readily available for customers planning installations. Gogo’s cybersecurity and data privacy protections, flexible financing, predictable service pricing and 24/7/365 multilingual support further reinforce this customer-first approach. Powered by the Eutelsat OneWeb enterprise-grade low earth orbit (LEO) network, Gogo Galileo offers passengers and crew high-performance and reliable connectivity around the world. For owners and operators, it supports the growing expectation that time in the air can be as connected and productive as time on the ground. The HDX electronically steered antenna (ESA) provides a compact, lightweight, low power and high-performance solution that can be installed on light jets and turboprops, as well as larger-cabin aircraft. “Duncan Aviation knows what owners and operators need from their connectivity, and we’re pleased to support its team as it brings the high performance Gogo Galileo to more aircraft,” says Michael Skou Christensen, Chief Revenue Officer for Gogo. “Our role is to offer reliable performance and remain available to customers throughout the life of the system, with experienced aviation teams, predictable service pricing and round-the-clock support.”

Civil Aviation, Top Stories

India invites Czech Republic to develop aircraft for its regional air connectivity needs

New Delhi, 13th October 2026: The First Deputy Prime Minister and Minister of Industry and Trade of the Czech Republic, Karel Havlícek met India’s Union Minister of Civil Aviation, Ram Mohan Naidu Kinjarapu, in New Delhi on October 12, 2026, during an official business delegation visit to India. In a social media post, the Civil Aviation Minister Ram Mohan Naidu shared the images and mentioned: Partnerships for Made in India Aircraft is what excites me the most! In a significant interaction with the Deputy Prime Minister of the Czech Republic, H.E. Shri Karel Havlicek, we discussed the immense opportunity to combine India’s regional air connectivity demand with Czech expertise to build aircraft. Developing 19, 40 and 90-seater aircraft in India to connect UDAN destinations, while also manufacturing for global markets, takes forward Hon’ble PM’s vision of UDAN & Make in India!   The key details of the meeting included: Aircraft Manufacturing: Both leaders discussed partnering to build regional aircraft in India (specifically 19-, 40-, and 90-seater models) by combining Czech aviation expertise with India’s regional air connectivity and UDAN scheme. Broader Mission: The meeting is part of a larger four-day Czech business mission to India (running October 12–15, 2026, across Delhi, Bengaluru, and Mumbai) to expand cooperation in transport, aviation, defense, engineering, and energy.

2026

Vietnam Airlines adds Ahmedabad as its fifth Indian station

New Delhi, 13th October 2026: Vietnam Airlines, the national flag carrier of Vietnam, is further strengthening its presence in the Indian market with the launch of operations from Ahmedabad, marking its fifth station in India. The airlines will operate four weekly flights between Ahmedabad and Hanoi, every Tuesday, Thursday, Saturday and Sunday from 3rd November 2026 onwards. The addition of the new sector marks another significant milestone in Vietnam Airlines’ India expansion strategy and reflects the airline’s growing confidence in the Indian market. With Ahmedabad joining the network, Vietnam Airlines will now serve five Indian stations, strengthening connectivity between India and Vietnam while opening greater opportunities for leisure, business and MICE travel. Vietnam Airlines Spokesperson, Nguyen Trung Hieu, Country Manager, India said,“India is an increasingly important and strategic market for Vietnam Airlines, with strong growth in travel demand, business exchanges and tourism between the two countries. The launch of our Ahmedabad–Hanoi service marks another important step in expanding our presence in India and bringing Vietnam closer to more Indian travellers.” The India–Vietnam aviation market has witnessed strong growth, with more than 4,400 scheduled flights and nearly 820,400 passengers* recorded between the two countries during the first six months of 2026 alone.

FOREWORD

Dear Readers,

The Asia-Pacific aviation sector is expanding rapidly, driving growth far beyond aircraft numbers into crucial verticals like MRO, training, logistics, and aerospace supply chains. In this edition of Aviation World, we bring you exclusive interviews and features from across these sectors, offering direct industry insights from top global leadership.

Our cover story highlights Shveta Gupta, CEO of Divyanshi Aviation. Under her dynamic leadership, the company has established itself as one of India’s premier aerospace supply chain providers, partnering with leading global manufacturers. Our corporate feature delves into Divyanshi Aviation’s core operations, paired with an exclusive interview where Ms. Gupta candidly shares her professional journey and vision for the company’s future.

This issue also features exclusive conversations with prominent industry leaders, including:

  • Ron Nye, President of Avionics, Acron Aviation
  • Bob Gibbs, Vice President, Defense & Special Missions Sales, Textron Aviation
  • Sudhir S. Rajeshirke, President – Aerospace, Jubilant Enpro
  • Emmanuel Simon, Program Manager and Aerospace Leader, PHINIA
  • Arved von zur Muehlen, Chief Commercial Officer, Saudia Group
  • Simon Azar, Vice President, Civil Aviation, Asia Pacific, CAE

Each leader offers key perspectives on their organization’s strategic initiatives and their growing contributions to the Indian aviation and aerospace ecosystem. Additionally, you will find expert-authored analytical features offering deep dives into current sector trends.

Aviation World continues to expand its global footprint as an official media partner for major domestic and international aviation events. Our editorial team will be participating in several upcoming global forums, and we look forward to connecting with industry peers and exploring new collaborations.

We extend our sincere gratitude to our advertisers and partners whose continued support fuels our endeavor.

Happy Reading!

The Editorial Team

Aviation World

NEWSLETTER

Aviation World Magazine is India’s premier aviation magazine and has been actively supporting the development of the Indian and global civil aviation sector. We started our journey in year 2015 and its been 12 years now and the response and acceptance is really encouraging. Thanks to all our associates and writers who remained with us in our progressive journey.

We have started 2026 on a very positive note and we look forward to increase our footprints to more locations and induct many more new companies in our campaign.. Do write to us at : editor@aviationworld.in

Disclaimer

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