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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.
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.
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Published on August 26, 2026
FitsAir and Red Dot Representations recently brought the travel trade closer to Sri Lanka through an exclusive webinar focused on the airline’s new direct connectivity between Ahmedabad and Colombo.
Held on 21st August 2026, the webinar introduced travel partners to the new Ahmedabad–Colombo route and highlighted how the direct connection can make Sri Lanka easier to access for travellers from Gujarat, without the need for layovers.
The session also explored Sri Lanka’s wider tourism offerings and its appeal across different traveller segments, including families, honeymooners and MICE groups. The destination’s beaches, cultural attractions, wildlife, hospitality and local experiences were among the key highlights.
The webinar went beyond the traditional beach holiday experience, showcasing the different ways Indian travellers can explore Sri Lanka. From spending time along its tropical coastline and discovering its cultural heritage to experiencing its wildlife, local cuisine and hospitality, the session presented the island as a destination with varied experiences.
FitsAir currently operates the Ahmedabad–Colombo service three times a week, giving travellers from Gujarat a more convenient direct option for reaching Sri Lanka. The improved connectivity is expected to support leisure travel, experiential holidays, MICE and destination celebrations, while strengthening Sri Lanka’s position as an accessible short-haul international destination for the Gujarat market.
By Hariharan U
The International Institute of Hotel Management (IIHM) has launched its first Egg Bank in India in Bengaluru, introducing a sustained student-led initiative aimed at providing nutritional support to underprivileged and vulnerable communities.
As part of the launch, IIHM's students, known as Food Soldiers, distributed more than 700 eggs to visually impaired children at Sri Rakum School for the Blind. The initiative has been undertaken in association with the Valmiki Foundation and is designed to move beyond one-time food donations by creating an ongoing nutrition programme.
The IIHM Egg Bank will initially support identified beneficiary institutions in Bengaluru, with plans to progressively extend the programme to old-age homes, orphanages and other organisations serving underprivileged communities. The initiative will subsequently be expanded across IIHM campuses in India, with individual campuses identifying beneficiaries in their respective communities.
Speaking on the initiative, Dr. Suborno Bose, Founder & Chairman, IIHM, said, "As a leading hospitality education institution, our responsibility goes beyond creating successful professionals. Hospitality is fundamentally about caring for people. Through the IIHM Egg Bank, our Food Soldiers will help address nutritional deficiencies through meaningful action. We want our students to see CSR not as a one-time activity, but as a sustained responsibility towards the underprivileged."
Ms. Sanchari Chowdhury, Director, IIHM Bengaluru & Head-South Operations, said the initiative encourages students to contribute beyond the classroom and become active participants in community service. She described “One Child, One Egg, One Smile” as a reflection of IIHM's belief in sustained and empathetic community engagement.
The programme has been designed around regular distribution rather than a single donation drive. Since eggs are perishable, IIHM's Food Soldiers will undertake distributions twice every month, providing the required quantity for each fortnight. This approach is intended to ensure continuity while giving students an opportunity to engage directly with the communities they support.
The initiative also aligns with IIHM's broader commitment to the United Nations Sustainable Development Goals, particularly SDG 2 – Zero Hunger. Through its Food Soldiers programme, the institute has previously engaged students in activities focused on providing food and essential support to communities in need.
Dr. Valmiki Hari Kishan, Founder of the Egg Bank Project and Co-Founder & Project Director, Valmiki Foundation, said the Bengaluru initiative marks the 177th Egg Bank overall and the first under IIHM. He noted that the programme's expansion across IIHM campuses could help extend nutritional support to vulnerable communities in multiple cities.
The launch was attended by Mr. P. K. Mohan Kumar, Independent Director, Prestige Hospitality Ventures Limited, as Chief Guest. Speaking at the event, he highlighted the role of initiatives such as the Egg Bank in extending the spirit of hospitality into wider community service.
By combining the Valmiki Foundation's experience with IIHM's institutional network and student participation, the initiative aims to create a sustained model for nutritional support. Beginning with visually impaired children at Sri Rakum School for the Blind, the programme is expected to reach more underserved communities across Bengaluru and, subsequently, other cities through IIHM's campus network.
Published on August 25, 2026
Eros Hotel New Delhi is reinforcing its commitment to responsible water management during World Water Week 2026 by highlighting a range of initiatives focused on reducing water consumption, promoting mindful usage and recycling wastewater across its operations.
Organised annually by the Stockholm International Water Institute (SIWI), World Water Week brings global attention to water-related challenges and the importance of responsible water management. The 2026 edition is being held from 23 to 27 August.
At Eros Hotel New Delhi, water conservation has been integrated across guest areas, kitchens, back-of-house operations and public facilities through a combination of water-efficient infrastructure and awareness initiatives.
The hotel has installed water-saving aerators across taps in guest room washrooms, kitchens and back-of-house areas to regulate water flow and improve consumption efficiency. Public washrooms feature sensor-operated taps, helping reduce unnecessary water usage, while guest rooms are equipped with dual-flush WC cisterns that allow guests to use water according to requirements.
The hotel's sustainability approach also focuses on creating greater awareness among guests and employees. Water conservation tent cards placed in guest rooms encourage visitors to adopt mindful water-use practices during their stay. Awareness posters across kitchens and back-of-house areas further reinforce responsible water consumption among employees and operational teams.
A key element of Eros Hotel New Delhi's water management strategy is the 100% recycling of wastewater. Treated recycled water is utilised for horticulture and cooling towers, reducing the hotel's dependence on fresh water for selected operational requirements while ensuring wastewater is put to productive use.
By combining water-efficient fixtures, wastewater recycling and awareness programmes, Eros Hotel New Delhi continues to integrate resource-conscious practices into its daily operations.
The initiatives reflect the hotel's broader approach to making water conservation a shared responsibility among guests, employees and operational teams while strengthening its ongoing sustainability efforts.
Eros Hotel New Delhi is a luxury hotel located in the heart of the city, offering accommodation, dining and hospitality facilities for leisure and business travellers.
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