Demand for 'Travel Now, Pay Later' Surges 2.5x, Led by Youth

Demand for 'Travel Now, Pay Later' Surges 2.5x, Led by Youth

By Nishang Narayan

Published on June 23, 2024

A recent study by Fibe, India’s leading fintech company, in collaboration with travel fintech firm SanKash, has revealed a remarkable 2.5x increase in demand for the ‘Travel Now, Pay Later’ (TNPL) offering over the past year. The surge in TNPL demand is largely driven by individuals aged 26-45 from cities such as Ahmedabad, Bengaluru, Chandigarh, Chennai, Delhi-NCR, Hyderabad, Jaipur, Lucknow, Mumbai, and Pune.

The study highlights a significant preference among Indians for short-haul international destinations and pilgrimage sites, as well as an uptick in domestic travel. Popular short-haul international destinations such as the UAE, Thailand, Singapore, Indonesia, Maldives, Nepal, and Vietnam have seen a 33 per cent increase in demand compared to last year. Pilgrimage sites like Ayodhya, Tirupati, and She same period.

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Domestic traveirdi have also experienced a rise in bookings, with an 11 per cent increase over thl has witnessed a 13 per cent increase, with destinations like Goa, Rajasthan, Varanasi, Kerala, Manali, Ooty, Darjeeling, Coorg, Visakhapatnam, Pondicherry, Srinagar, Amritsar, Gangtok, and Rishikesh attracting more travelers. Notably, queries for Lakshadweep have risen by 15 per cent, while the Maldives remains a favorite among beach enthusiasts.

The surge in TNPL demand is largely driven by individuals aged 26-45 from cities such as Ahmedabad, Bengaluru, Chandigarh, Chennai, Delhi-NCR, Hyderabad, Jaipur, Lucknow, Mumbai, and Pune. Interestingly, solo travelers have shown a significant preference for TNPL, highlighting the flexibility and convenience it offers.

Over the past 12 months, the average ticket size for TNPL has increased by 60 per cent. Most individuals opting for TNPL prefer to repay the total amount within six months, indicating a trend towards responsible borrowing and financial planning.

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Balakrishnan Narayanan, Fibe’s Head of Product & Analytics, commented, "We are witnessing an increased demand for TNPL, especially among the youth and tech-savvy individuals. At Fibe, we provide financial solutions for every need of customers and with TNPL, we want to add flexibility to their travel plans. Besides, it also adds convenience and affordability to the travel plans of individuals, allowing them to explore their dream destinations without any financial worries."

Akash Dahiya, Co-founder & CEO, SanKash, added, "We're thrilled to see the surge in demand for travel this year, especially with the increasing popularity of TNPL. SanKash is committed to providing seamless and affordable travel financing solutions, and we're proud to partner with Fibe to make travel dreams a reality for more people."


Green signal for ₹136cr city-side hub at Thiruvananthapuram airport

Green signal for ₹136cr city-side hub at Thiruvananthapuram airport

By Hariharan U

Published on September 15, 2025

Thiruvananthapuram International Airport is moving closer to a major transformation, with the Union environment ministry’s expert appraisal committee (EAC) recommending environmental clearance for a ₹136 crore city-side development project. The initiative, planned by Adani Airport Holdings Ltd (AAHL) at Chackai within the airport grounds, aims to reshape the capital city’s gateway into a modern hospitality and commercial hub.

The project will feature a 240-room luxury hotel, expansive food and beverage areas with over 600 seats, and world-class infrastructure across nearly 34,000 sq. m. Spread over two basements, a ground floor and four upper floors, the complex will rise up to 23 metres. Once clearances are finalized, the hotel is expected to come under a global five-star brand such as Marriott, Hilton or Intercontinental.

This city-side facility is part of the larger terminal expansion plan, "Project Anantha" The project faced delays after the state environment impact assessment authority (SEIAA) sought changes in the basement design, citing environmental risks. The revised proposal has now cleared hurdles, and with pending cases moved to the Ministry of Environment, Forest and Climate Change (MoEFCC), the project is finally back on track.

Construction could begin within three months. Alongside enhancing airport facilities, the project is expected to generate around 300 direct jobs and nearly 900 indirect employment opportunities. “The project will not just address rising accommodation needs but also give a strong push to Kerala’s hospitality sector,” said a source close to the airport.

The EAC has attached strict environmental safeguards. Construction will rely on recycled water and rainwater harvesting. Once operational, the complex will need 318 KLD of water, with nearly half supplied by an in-house sewage treatment plant. Solid waste, expected at 418 kg daily, will be processed sustainably—biodegradable waste will be converted on-site while non-biodegradable material will be handed over to authorized vendors.

Other eco-measures include rooftop rainwater harvesting tanks, a 20% reduction target in energy use, and transplantation of 40 trees within the airport boundary. The land, currently serving as open parking, was allocated to AAHL under a 50-year concession agreement signed in 2021 with the Airports Authority of India (AAI). The EAC has clarified that the site is free from ecologically sensitive zones, coastal regulation restrictions or protected habitats.

Thiruvananthapuram airport is already handling record traffic, with nearly 4.9 million passengers between April 2024 and March 2025, and this new city-side development is expected to further elevate the airport’s standing as a gateway to Kerala.


Air India Group Adopts SITA Tech to Boost Efficiency and Cut Emissions

Air India Group Adopts SITA Tech to Boost Efficiency and Cut Emissions

By Manu Vardhan Kannan

Published on September 15, 2025

Air India Group has taken a major step in its modernization journey by deploying SITA OptiFlight and eWAS, two advanced data-driven digital solutions designed to improve flight efficiency and reduce environmental impact. The rollout is aimed at tackling rising fuel costs and the growing need to reduce carbon emissions, challenges faced by airlines worldwide.

The new technology is now active across the Air India Airbus A320 fleet and the Air India Express Boeing 737 fleet, covering both domestic and international routes. Deployment on Air India’s widebody fleet is set to follow. Together, the solutions are expected to help the group cut carbon emissions by 35,000 tons annually.

“As the aviation industry navigates growing regulatory and environmental pressure, the need for intelligent, predictive solutions has never been more critical,” said Sumesh Patel, President, Asia Pacific at SITA. “Air India’s deployment of SITA OptiFlight® and eWAS is a strong example of how smart digital technologies can cut emissions, save fuel, and unlock real operational value across every flight.”

Basil Kwauk, Chief Operations Officer, Air India, added: “Sustainability and efficiency are core to our transformation into a world-class airline. With SITA OptiFlight and SITA eWAS, we’re taking meaningful steps to modernize our operations, reduce our carbon footprint.”

SITA OptiFlight® uses historical flight data, aircraft-specific performance models, and 4D weather forecasts to optimize key flight phases. At its core is OptiClimb, which provides pilots with customized climb-out schedules tailored to each aircraft. This reduces fuel burn during one of the most energy-intensive stages of flight while maintaining safety and performance.

SITA eWAS complements this by providing real-time weather updates and predictive forecasting, enabling pilots to avoid turbulence, reroute efficiently, and make informed in-flight decisions. Together, these solutions strengthen operational performance while supporting Air India’s sustainability goals.

With these tools, SITA continues to expand its footprint in Indian aviation, helping carriers achieve operational resilience, cost efficiency, and reduced environmental impact.


Historic Moment: Mizoram Joins India’s Railway Map with Bairabi–Sairang Line

Historic Moment: Mizoram Joins India’s Railway Map with Bairabi–Sairang Line

By Manu Vardhan Kannan

Published on September 13, 2025

Prime Minister Narendra Modi is set to inaugurate the 51.28 km-long Bairabi–Sairang railway line in Mizoram on September 13, marking a historic moment for the northeastern state. With this, Mizoram will be connected to Kolkata by train for the first time, significantly improving accessibility and connectivity.

The Kolkata–Sairang–Kolkata express train will operate three times a week, providing a vital link between the state capital and West Bengal. In addition, the Prime Minister will also flag off two more services, a weekly Rajdhani Express to Anand Vihar and a daily express train to Guwahati, officially bringing Aizawl onto the Indian railway map through its nearest station, Sairang.

Constructed at an estimated cost of ₹8,071 crore, the Bairabi–Sairang rail line is a feat of engineering that navigates Mizoram’s challenging hilly terrain. The route passes through 48 tunnels, 55 major bridges, 87 minor bridges, five road overbridges, and six road underbridges. Among the engineering highlights is a bridge that rises to a height of 114 metres, taller than Delhi’s iconic Qutub Minar by 42 metres. Adding cultural significance, the tunnels are adorned with local artworks that reflect Mizo heritage and traditions.

Officials emphasized that the project, part of the Central government’s Act East policy, is more than just an infrastructure development. It is expected to bring multiple benefits, including enhanced trade opportunities, improved inter-state travel, and a major boost to tourism in the region. “Through this project, Mizoram, long deprived of railway service due to its difficult geographical conditions, has now been gifted with direct connectivity close to Aizawl,” a railway official said.

Experts believe that this rail link will not only make travel easier but also spur socio-economic development. Raj Basu, convenor of the Association for Conservation of Tourism, noted that increased accessibility will attract more visitors from West Bengal and beyond. He highlighted Mizoram’s reputation as a safe, welcoming destination with strong women-led entrepreneurship, especially in homestays, which is drawing all-women tourist groups to the state.

Currently, Mizoram is connected to Kolkata only by air and road. With this new railway line, the “Land of Blue Mountains” is poised to emerge as a more accessible and attractive destination, paving the way for stronger tourism and cross-border opportunities.

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