Global Commercial Airlines Market Set for USD 430.2 Billion Growth by 2029

Global Commercial Airlines Market Set for USD 430.2 Billion Growth by 2029

By Manu Vardhan Kannan

Published on February 3, 2025

The commercial airlines market is poised for substantial growth, with a projected increase of USD 430.2 billion from 2025 to 2029. This expansion comes as air passenger traffic continues to rise, and a growing number of airports shift towards smarter, more integrated systems. According to Technavio, the market will see an 8.7% compound annual growth rate (CAGR) during this period, indicating robust momentum.

Key drivers for this growth include the rising demand for efficient narrowbody aircraft, which are becoming the preferred choice for airlines due to their fuel efficiency. Additionally, passenger travel continues to grow, with the Asia-Pacific region leading the way. This region alone accounts for 53% of the market’s contribution, with major economies like China and India experiencing rapid expansions in their air travel sectors.

However, rising operational costs, particularly in fuel and labor, are presenting significant challenges. Geopolitical instability, especially fluctuations in fuel prices due to sanctions and OPEC production cuts, continues to impact airline profitability. Labor costs, which have been stable in recent years, have risen sharply, adding further pressure on airlines’ bottom lines.

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Amid these challenges, technology and innovation are emerging as key factors shaping the future of the market. Smart airports, powered by AI and integrated digital systems, are becoming more common, offering improved operational efficiency and better passenger experiences. These advancements are expected to increase profitability for airlines, especially during times of economic uncertainty.

The competitive landscape is marked by the presence of leading players such as Air China Ltd., American Airlines Group Inc., and Delta Air Lines, which are investing in more fuel-efficient aircraft and sustainable aviation technologies. Additionally, new aircraft models from companies like Mitsubishi Heavy Industries and advanced engine solutions are helping airlines keep their fleets updated and operational costs low.

Despite these advancements, airlines are still faced with the challenge of balancing fleet management and profitability in the face of rising fuel prices and other operational expenses. The industry must continue to innovate and adapt to these pressures to ensure long-term success.

The growth of the commercial airlines market is not just driven by technological advancements but also by the increasing need for connectivity, sustainability, and better service offerings for passengers. With AI-driven solutions and smarter, more efficient aircraft, the commercial aviation industry is entering a new era, ready to meet the demands of an expanding global travel market.


UP Chief Minister Yogi Adityanath Unveils Hinduja Foundation Book on Ancient North Indian Coinage

UP Chief Minister Yogi Adityanath Unveils Hinduja Foundation Book on Ancient North Indian Coinage

By Hariharan U

Published on January 10, 2026

The Hinduja Foundation unveiled its latest publication, Early North India and Its Coinage, at a distinguished ceremony in New Delhi, with Shri Yogi Adityanath, Chief Minister of Uttar Pradesh, formally releasing the book. The event was attended by scholars, historians and dignitaries, including Shri Jaiveer Singh, Minister of Tourism and Culture, Government of Uttar Pradesh, Mr. Prakash P. Hinduja, Trustee, Hinduja Foundation, and Mr. Ashok P. Hinduja, Chairman, Hinduja Foundation.

Published in both English and Hindi, the book is India’s first comprehensive and illustrated study of early North Indian coinage, documenting coins dating from 300 BCE to 300 CE. Authored by historian Devendra Handa, the publication features over 850 coins, making it the largest documented assemblage of indigenous coinage from this period in North India.

The book examines coinage from republics, tribes and monarchies that emerged after the Mauryan period, covering regions such as Mathura, Kannauj, Panchal and Kaushambi in the Ganga–Yamuna doab, along with parts of Uttarakhand, Punjab, Haryana, Himachal Pradesh and Rajasthan. Through detailed visuals and commentary, it reflects the religious, cultural and geopolitical context that shaped early Indian society.

Plans are underway to showcase select coins from the collection at the Lucknow Museum, allowing the public to engage closely with this aspect of India’s heritage. The Hinduja Foundation’s numismatic collection today includes over 34,000 historically significant coins, with around 7,000 from North India and nearly 4,200 from Uttar Pradesh alone.

Addressing the gathering, Shri Yogi Adityanath said, “Understanding and preserving history is a national responsibility, and I commend the Hinduja Foundation for this remarkable initiative. The book sheds light on the economic, cultural and political fabric of early North India and highlights the importance of preserving the region's historical heritage for future generations. This book not only chronicles India's heritage but also underscores the enduring contributions of our civilisation to world history, making it an invaluable resource.”

Speaking at the launch, Mr. Ashok P. Hinduja, Chairman, Hinduja Foundation, said, “I extend my sincere gratitude to the Hon’ble Chief Minister of Uttar Pradesh, Shri Yogi Adityanath ji, for unveiling this important volume and supporting the plan for public display of these coins at the museum in Lucknow. With a legacy rooted in India, the Hinduja family has always seen itself as a custodian of the country’s cultural and civilisational heritage.”

Mr. Raman Kalyanakrishnan, CEO, Hinduja Foundation, added, “This publication marks an important step in introducing a significant part of North India’s glorious heritage to the public. By showcasing these coins, we enable scholars, students and the wider public to engage with India’s early civilisations first-hand.”

The book showcases a wide variety of coin shapes, metals and symbols, including early depictions of deities such as Kārttikeya, Śiva and Lakṣmī, as well as temples and cultural motifs. Drawing on archaeological findings and the Foundation’s collection, it demonstrates how coins provide insights into trade, governance, religion and everyday life in ancient India.

With this publication, the Hinduja Foundation reinforces its commitment to preserving India’s heritage, promoting scholarship, and ensuring that the country’s cultural legacy is documented and passed on to future generations.


Postcard Hotel Launches Exclusive Ayurveda Retreat in Old Goa

Postcard Hotel Launches Exclusive Ayurveda Retreat in Old Goa

By Manu Vardhan Kannan

Published on January 9, 2026

The Postcard Hotel has announced the launch of its latest wellness-focused property, The Postcard Ayurveda Retreat, Old Goa – A Sitaram Ayurveda Experience, marking a new chapter in experiential luxury hospitality. Set within a UNESCO-recognised heritage region and surrounded by vast reserve forests, the retreat is dedicated entirely to holistic healing and long-term wellbeing.

Developed in collaboration with Sitaram Ayurveda, which carries a healing legacy of over a century, the retreat blends authentic Ayurvedic wisdom with The Postcard Hotel’s signature philosophy of thoughtful luxury. Designed as a quiet sanctuary away from everyday distractions, the property encourages guests to slow down, reflect, and reconnect with their inner balance.

Speaking about the launch, Kapil Chopra, Founder and Chief Executive Officer of The Postcard Hotel, said, “With The Postcard Ayurveda Retreat, we have created a pioneering wellness sanctuary in India that offers a comprehensive experience to address unique lifestyle needs and concerns of each guest. The stays here start from minimum seven nights and are all-inclusive healing journeys focused on providing highly personalised programmes for medical wellness, rather than a recreational leisure escape.”

He further added, “In an industry-first collaboration with Sitaram, our intimate retreat supports long-term health, balance and wellbeing by integrating their century-old healing legacy of Ayurveda with the calm of nature, thoughtful design, nourishing cuisine, and perceptive service offered by The Postcard Hotel.”

Dr. Vignesh Devraj, MD (Ay), Founder and Chief Physician, Sitaram Retreats, highlighted the philosophy behind the collaboration, saying, “The Postcard Ayurveda Retreat represents a meaningful convergence of place, purpose, and healing. At its core, Ayurveda is about restoring balance and tapping into the body’s innate potential to heal. Our retreat harmonises these ancient principles with guided consultations, medical insights and personalised care at every step of the tailored wellness programmes.”

Located in the serene surroundings of Old Goa, the retreat is defined by stillness and privacy. At its heart stands a majestic 300-year-old banyan tree, setting the tone for calm and reflection. With only six thoughtfully designed rooms, each featuring private balconies overlooking lush gardens and forested valleys, the property ensures complete seclusion and unhurried healing.

Each guest’s wellness journey begins with an in-depth consultation with resident Ayurvedic physicians, who curate personalised programmes based on individual doshas and health needs. Every aspect of the stay, from treatments and nutrition to rest and daily routines, is carefully designed to support deep restoration rather than leisure-driven relaxation.

Wellness programmes range from seven to fourteen or twenty-one nights, offering guests the flexibility to choose a pace that supports meaningful healing. The retreat caters not only to those seeking treatment but also to guests focused on preventive care, immunity strengthening, and long-term balance.

With this launch, The Postcard Hotel reinforces its commitment to creating transformative hospitality experiences that go beyond luxury, positioning The Postcard Ayurveda Retreat, Old Goa as a destination for mindful living and authentic healing.


juSTa Hotels & Resorts Launches Boutique Wildlife Retreat in Jawai

juSTa Hotels & Resorts Launches Boutique Wildlife Retreat in Jawai

By Manu Vardhan Kannan

Published on January 8, 2026

Onora Hospitality, the parent company of boutique hospitality brand juSTa Hotels & Resorts, has announced the launch of juSTa Luxe High Point Jawai, a boutique wildlife retreat located in the heart of Jawai’s renowned leopard country near Udaipur and Jodhpur.

Situated in Village Bijapur, the newly opened resort offers a tranquil and immersive escape that reflects the rugged beauty, distinctive wildlife, and rich cultural heritage of the Jawai region. Spread across two and a half acres, juSTa Luxe High Point Jawai features 18 thoughtfully designed accommodations, including suites with heated plunge pools, each created to balance modern comfort with a deep connection to nature.

All rooms are equipped with premium amenities such as climate-controlled air conditioning, high-speed Wi-Fi, flat-screen smart televisions, mini-bars, tea and coffee makers, electronic safes, quality linen, workspaces, wardrobes, telephones, and round-the-clock power backup. Select accommodations also feature private plunge pools, open-air showers, bathtubs, private gardens, and spacious sit-out areas.

Commenting on the launch, Ashish Vohra, Founder and CEO of Onora Hospitality Private Limited, said, “The growing popularity of Jawai as a wildlife and experiential travel destination presents a meaningful opportunity for us to introduce our signature style of intimate, design-led hospitality. With juSTa Luxe High Point Jawai, we aim to create an immersive retreat that blends comfort with adventure while celebrating the natural and cultural heritage of the region. This launch also strengthens our expanding presence in India’s national parks, where we already operate boutique resorts in Sariska and Jim Corbett under the juSTa brand and in Ranthambore under Bookmark Resorts.”

The resort offers a curated range of lifestyle and wellness experiences, including a swimming pool, a multicuisine restaurant with indoor dining and an intimate al fresco space, a 1,500-square-foot banquet hall, and a spa with two treatment rooms and a steam bath. Guests can also enjoy indoor and outdoor recreational activities such as carrom, foosball, badminton, and cricket.

Easily accessible by road from both Jodhpur and Udaipur, juSTa Luxe High Point Jawai serves as a convenient base for exploring the region’s key attractions. These include the Jawai Dam, Ranakpur Jain Temple, Pola Lake, guided jungle safaris, and exceptional birdwatching opportunities that have established Jawai as one of India’s most distinctive wildlife destinations.

Known for its dramatic granite hills and its rare culture of harmonious coexistence between humans and leopards, Jawai continues to gain recognition among nature lovers and experiential travellers alike. The opening of juSTa Luxe High Point Jawai marks a significant milestone in Onora Hospitality’s journey to create soulful, experience-led stays across India’s most inspiring landscapes.

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