2026

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.”

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.”

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.

India, 05 October 2026: Air India Express has announced its Winter Schedule 2026, marking its largest winter network yet and further strengthening connectivity across India and key international destinations. Effective 25 October 2026, the schedule will be rolled out in phases, taking the airline’s operations to around 585 daily flights, including approximately 435 domestic and up to 150 international departures. The expanded schedule reinforces the airline’s growing presence across its key hubs, supported by an expanding fleet of over 105 aircraft and enhanced capacity across both domestic and international markets. Designed to offer guests greater choice and convenience, the network expansion reflects Air India Express’ continued focus on creating meaningful connections between people, places, and cultures. Commenting on the Winter schedule 2026, Nipun Aggarwal, Chairman, Air India Express said, “The scale of our Winter Schedule 2026 reflects both our confidence in India’s growth story and the increasing importance of air connectivity in supporting trade, tourism, and economic development. As a leading value carrier, Air India Express is focused on making travel more accessible, convenient, and comfortable by strengthening connectivity across metros, emerging cities, and underserved markets. Even as the industry navigates elevated fuel costs and broader operating challenges, we remain committed to disciplined, sustainable growth and delivering meaningful value to our guests through a relevant network and the warmth of Indian hospitality.” In this Winter, the airline will launch more than 40 new routes across domestic and international markets, significantly enhancing network depth and travel flexibility. The scale of Air India Express operations is set to increase from about 3,150 weekly flights in the Summer 2026 schedule to nearly 4,100 weekly flights in the Winter 2026 schedule, while one-stop connectivity will expand from about 1,330 weekly connections to nearly 1,600, enabling more seamless travel across the airline’s expansive network.