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.


Espire Hospitality Limited to Open a New ZANA Resort in Dehradun

Espire Hospitality Limited to Open a New ZANA Resort in Dehradun

By Manu Vardhan Kannan

Published on October 8, 2025

Espire Hospitality Limited has announced the signing of a brand-new ZANA Resort in Dehradun, scheduled to open in April 2026. Strategically located near the Indian Military Academy, the resort will bring the brand’s signature blend of soulful luxury and nature-inspired design to one of North India’s most sought-after leisure destinations.

Spread across 7 acres of lush greenery, the upcoming ZANA Resort Dehradun promises a serene escape with 50 luxurious cottages, including select cottages featuring private plunge pools. Designed to offer a seamless connection with nature, the resort will combine modern comforts with an atmosphere of tranquility and rejuvenation.

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Guests can look forward to the brand’s signature Mayfair restaurant with adjoining alfresco seating, a stylish bar, and 20,000 sq. ft. of indoor and outdoor banqueting space, perfect for destination weddings, social events, and corporate gatherings. Recreational offerings will include a spa, fitness centre, swimming pool, kids’ play area, and gaming arcade, making it an ideal getaway for families, couples, and groups alike.

Commenting on the announcement, Mr. Akhil Arora, CEO & MD of Espire Hospitality Limited, said,

“The signing of ZANA Resort in Dehradun is a strategic addition to our growing portfolio and further strengthens our presence in North India’s popular leisure markets. Dehradun has always been an important destination for travellers, and this one-of-a-kind expansive, nature-inspired resort will cater to the increasing demand for high-quality, experience-driven stays in this market. At Espire, our focus remains on developing well-differentiated hotels that combine thoughtful design, modern amenities, and exceptional hospitality.”

With this new signing, Espire Hospitality continues to expand its premium leisure portfolio across North India, moving closer to its vision of having 30 operational hotels by FY26. The upcoming resort reaffirms the brand’s focus on nature-led experiences, immersive hospitality, and creating destinations that inspire.


US Tourist Visa Wait Times: Chennai Sees Major Improvement While Delhi Faces Longest Delays

US Tourist Visa Wait Times: Chennai Sees Major Improvement While Delhi Faces Longest Delays

By Manu Vardhan Kannan

Published on October 7, 2025

Indian travellers applying for US B1/B2 business and tourist visas continue to face long interview wait times, as per the latest data from the US Department of State updated in September 2025. New Delhi now records the longest delay, with appointment availability stretching to 12 months. In contrast, Chennai has seen a remarkable improvement, with average wait times dropping sharply from 8.5 months in August to just 2.5 months in September.

According to the latest figures, Hyderabad’s average wait time remains steady at three months, while Mumbai and Kolkata show minor fluctuations, now averaging 4.5 and 5.5 months respectively. The sudden rise in New Delhi’s wait period, up from 3.5 months in August to 12 months in September, has raised concerns for applicants planning urgent travel.

City

Avg Wait (Aug 2025)

Avg Wait (Sep 2025)

Next Available (Aug 2025)

Next Available (Sep 2025)

Chennai

8.5 months

2.5 months

5 months

3 months

Hyderabad

3 months

3 months

5 months

3.5 months

Kolkata

6 months

5.5 months

6 months

5.5 months

Mumbai

3 months

4.5 months

5.5 months

5 months

New Delhi

4.5 months

3.5 months

5.5 months

12 months

Average wait time refers to the typical delay from visa fee payment to interview, based on historical data. The “next available appointment” indicates the earliest date open for scheduling and can shift frequently as new slots are added. Applicants are encouraged to monitor embassy systems regularly to reschedule earlier appointments when possible.

Previously, Indian travellers could apply for non-immigrant visas in third countries such as the UAE, Qatar, or Singapore, where appointment wait times were often shorter. However, the US has now ended this practice, requiring applicants to apply in their home country or place of residence. This policy aims to prevent “visa shopping” but may lead to longer delays for many Indian applicants.

Existing third-country appointments are expected to be honoured, but new ones must be made in the applicant’s home country. The Department of State continues to update visa wait time data monthly and advises applicants to refer to embassy websites for the latest details on interview scheduling, rescheduling, and waiver options.


Lemon Tree Hotels Signs New Property in Haridwar, Expanding Its Presence in Uttarakhand

Lemon Tree Hotels Signs New Property in Haridwar, Expanding Its Presence in Uttarakhand

By Manu Vardhan Kannan

Published on October 7, 2025

Lemon Tree Hotels Limited has announced the signing of its latest property, Keys Select by Lemon Tree Hotels, Haridwar. The new property will be managed by Carnation Hotels Private Limited, a wholly-owned subsidiary of Lemon Tree Hotels Limited. This addition further strengthens the company’s growing presence in Uttarakhand, catering to both religious and leisure travellers seeking a refreshing, value-driven stay experience.

Keys Select by Lemon Tree Hotels, Haridwar will feature 52 well-appointed rooms, a restaurant, conference hall, and recreational facilities including a fitness centre. The property enjoys a convenient location, approximately 32 km from Jolly Grant Airport, Dehradun, and 9 km from Haridwar Railway Station, with excellent connectivity via public and private transport.

Speaking on the occasion, Vilas Pawar, CEO, Managed & Franchise Business, Lemon Tree Hotels, said,

“With this signing, we will expand our leisure portfolio in Uttarakhand, a state where we have eight operational and nine upcoming properties in addition to this one. While expanding its footprint across the country in cities of all tiers, this signing by Lemon Tree Hotels perfectly aligns with the company’s vision of offering refreshing and comfortable stays across religious and spiritual destinations.”

Currently, Lemon Tree Hotels Limited (LTHL) operates 120+ hotels across 75+ cities in India and abroad, with a pipeline of 110+ upcoming properties. From major metro hubs like Delhi-NCR, Mumbai, Bengaluru, and Hyderabad to tier II and III cities such as Jaipur, Udaipur, Kochi, and Indore, as well as international locations in Dubai, Bhutan, and Nepal, the brand continues to deliver exceptional comfort, consistent quality, and a warm, refreshing experience.

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