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.


Ginger Marks Entry Into Tuticorin With New Greenfield Hotel Project

Ginger Marks Entry Into Tuticorin With New Greenfield Hotel Project

By Manu Vardhan Kannan

Published on January 16, 2026

The Indian Hotels Company Limited (IHCL), India’s largest hospitality company, has announced its foray into Tuticorin, Tamil Nadu, with the signing of a Ginger-branded hotel. The project will be developed as a greenfield property, further strengthening IHCL’s presence in high-growth destinations across South India.

Commenting on the development, Ms. Suma Venkatesh, Executive Vice President – Real Estate & Development, IHCL, said that Tuticorin is steadily emerging as a key economic hub, supported by a strong industrial base and fresh investments. She noted that the expansion of large-scale projects in the automobile and energy sectors has led to growing long-stay demand, making the city a suitable market for the Ginger brand. She added that the signing reflects IHCL’s focus on addressing evolving traveller needs in promising locations and expressed delight in partnering with Mr. R. Gajendran for the project.

Strategically located along the Tirunelveli–Tuticorin highway, the upcoming Ginger Tuticorin will feature 100 keys and offer easy access to the city’s industrial and commercial centres. The hotel will house Ginger’s signature Qmin restaurant, presenting curated dining experiences, along with a lively bar designed for social interactions. Business travellers will benefit from versatile meeting spaces, while a modern fitness centre will cater to guests seeking a balanced and active stay.

Mr. R. Gajendran, promoter of Thangam Real Estate & Thangam Plots & Farms Pvt. Ltd., said that the partnership with IHCL brings contemporary hospitality to Tuticorin and is well aligned with the needs of the city’s expanding business community.

Tuticorin, also known as Thoothukudi, is a prominent port city on the Coromandel Coast along the Bay of Bengal. The city is well known for maritime trade, shipping activities, salt production and fishing, and is increasingly developing as an industrial and manufacturing hub.

With the addition of Ginger Tuticorin, IHCL’s portfolio in Tamil Nadu will grow to 28 hotels, including 10 properties currently under development, reinforcing the company’s long-term commitment to the state.

About the Owning Company

Mr. R. Gajendran is the promoter of Thangam Real Estate & Thangam Plots & Farms Pvt. Ltd. With over three decades of experience in the real estate sector, he has developed more than 400 acres into residential plots and holds a significant land bank across Tamil Nadu. His business interests also extend to allied sectors such as textile retail and electronic goods manufacturing.


Bengaluru’s Kempegowda International Airport Plans Global Expansion After Strong 2025 Performance

Bengaluru’s Kempegowda International Airport Plans Global Expansion After Strong 2025 Performance

By Manu Vardhan Kannan

Published on January 16, 2026

Kempegowda International Airport Bengaluru has announced plans to expand its international connectivity, add capacity, and deepen airline partnerships in 2026 after closing calendar year 2025 with higher passenger volumes and steady cargo growth. The airport operator said the focus will remain on scaling both passenger and cargo operations while supporting wider network expansion.

Total passenger traffic at the airport reached 43.82 million in 2025, up from 40.73 million in 2024. During the year, the airport recorded its highest-ever single-day passenger movement of 1,37,317 travellers on 23 November 2025. Aircraft movements also remained strong, with daily movements peaking at 837 in October and averaging 765 across the year.

A key development in 2025 was the airport’s shift from third to second position nationally in terms of domestic flights operated during October. International traffic showed the strongest growth, with average daily international departures increasing from 38 in 2024 to 51 in 2025. This led to a 28.7% year-on-year rise in international passenger traffic.

Over the year, the airport added five new domestic and five new international routes. Domestically, new connections included Hindon, Bidar, Jaisalmer, Silchar and Navi Mumbai. On the international front, new routes were launched to Dammam, Ho Chi Minh City, Krabi, Hanoi and Riyadh.

Commenting on the performance, Girish Nair, Chief Operating Officer, BIAL, said, “2025 was a demanding year for India’s aviation sector and BLR Airport was no exception. What distinguished the year for us was a disciplined and resilient response, maintaining operational stability, supporting our airline partners, and strengthening network connectivity. As the year progressed, we responsibly and strategically scaled both passenger and cargo operations, with a clear focus on future readiness. This growth reflects not only rising demand but also the trust and confidence airlines and travellers place in BLR Airport as the ‘New Gateway to India’, a critical hub enabling Bengaluru’s emergence as a leading global city.”

As of 31 December 2025, the airport was connected to 113 destinations, including 79 domestic and 34 international locations. Delhi, Mumbai, Kolkata, Hyderabad and Pune were the top domestic destinations, while Dubai, Abu Dhabi, Singapore, London Heathrow and Kuala Lumpur emerged as the leading international routes.

Airlines continued to expand their presence at the airport through 2025. Air India Express increased operations, IndiGo added new international services, and Akasa Air launched flights to Phuket and Jeddah. VietJet and Vietnam Airlines entered the Bengaluru network, while Lufthansa, KLM, Japan Airlines and Virgin Atlantic increased frequencies on long-haul routes.

Cargo operations also posted growth during the year, with volumes reaching 520,985 metric tonnes, a 5% increase compared with 2024. The airport recorded its highest single-day cargo throughput of 2,207 metric tonnes on 7 August 2025. It is now connected to 37 cargo destinations served by 15 cargo airlines, with shipments led by agri-perishables, pharmaceuticals, auto parts, electronics and e-commerce goods.

To support this growth, additional cargo infrastructure became operational during the year, including a new domestic cargo terminal developed by Menzies Aviation and the AISATS BLR Logistics Park, which added fresh warehousing capacity.

Looking ahead to 2026, the airport operator said international traffic and cargo demand are expected to remain key growth drivers as new routes and increased frequencies are added. The planned expansion is aimed at reinforcing Kempegowda International Airport’s position as one of India’s leading aviation hubs.


Experion Developers Onboards Global Architecture Firms for NCR Residential Projects

Experion Developers Onboards Global Architecture Firms for NCR Residential Projects

By Hariharan U

Published on January 16, 2026

Experion Developers has announced strategic collaborations with four globally renowned architectural firms, Kohn Pedersen Fox Associates (KPF Architects), SCDA Architects, DPA Architects and DSP Design, as part of its design-led approach to current and upcoming residential developments across the NCR region. The move comes at a time when the premium housing segment is seeing rising demand for differentiated, globally benchmarked living spaces.

The partnerships span both project-specific architectural design and broader design philosophies aimed at enhancing Experion’s residential portfolio. According to the developer, the focus remains on long-term value creation through functionality, sustainability, occupant comfort, robust services, thoughtful landscaping and refined aesthetics.

For us, design is central to how we approach long-term value creation. Our commitment has always been to build homes that are designed for functionality, sustainability, structurally sound, maintenance friendly, robust services, occupant comfort and wellness, thoughtful landscape and offer convenience and aestheticism in daily use,” said B.K. Malagi, Vice Chairman, Experion Developers. He added that collaborating with global design firms helps bring international thinking and innovation while aligning homes with the expectations and stature of modern homebuyers.

Among the key projects is The Trillion, a high-rise residential development in Sector 48, Gurugram, designed by DPA Architects. Spread across 2.5 million sq ft, the project comprises three 45-floor towers planned to offer expansive views, privacy and vertical luxury. Architectural highlights include curved balconies, double-height entrance lobbies and a distinctive crowned tower profile with receding fins.

The project also features a landscaped arrival experience with a central roundabout, dedicated clubhouse drop-offs and a 7.5-metre-wide fire tender loop. A major attraction is the free-standing, triple-height central clubhouse with organically contoured greens and an organic farm, complemented by a receding green roof that blends into the surrounding landscape.

In Noida, Experion Elements in Sector 45 is being designed by DSP Design with sustainability at its core. The luxury residential development will feature amenities such as pickle-ball courts and electric vehicle charging, and is planned to comply with GRIHA green building norms, reflecting a strong focus on energy efficiency and reduced operating costs.

For future developments, Experion Developers has also onboarded KPF Architects and SCDA Architects. KPF, headquartered in New York, is known globally for skyline-defining commercial and residential towers, with landmark projects including One Vanderbilt in New York and the Lotte World Tower in Seoul. SCDA Architects, based in Singapore, brings a modern, tranquil design language that emphasises spatial clarity, natural light and a strong relationship between built form and landscape.

With these collaborations, Experion Developers is signalling a clear intent to position design as a key differentiator as it enters its next phase of residential growth across NCR, with each project shaped by a distinct architectural voice.

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