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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 September 18, 2025
Eight Continents Hotels and Resorts, a luxury hospitality and hotel management group redefining bucket-list travel, has strengthened its Ocho Homes brand with the addition of two new extended-stay properties, one in Belfast, United Kingdom, and another in Parsic Hill, Navi Mumbai, India. The development underscores the group’s mission to provide luxurious, convenient, and home-like stays for modern travellers.
The new Ocho Homes property in Belfast features seven elegantly designed rooms, enhancing the brand’s presence in a city renowned for its rich cultural heritage and thriving business community. This addition brings the total number of Ocho Homes properties in Belfast to two, complementing the existing Wellesley Avenue property.
In India, Ocho Homes Living Belapur makes its debut with ten well-appointed rooms in the Parsic Hill area of Navi Mumbai. Located just 22 km from Navi Mumbai Airport and near key landmarks like DY Patil Stadium, the property offers travellers excellent connectivity. Guests can choose from two stay categories: Living and Lux, tailored to suit varied preferences within the extended stay segment.
Ocho Homes stands apart by offering more than just accommodation. With flexible stay options, thoughtfully designed interiors, and a focus on community-driven experiences, it appeals to corporate travellers, expatriates, and leisure guests alike. The emphasis on well-being, connectivity, and local character ensures every stay is both comfortable and memorable.
Haninder Sachdeva, CEO of Eight Continents Hotels and Resorts, said:
“The addition of two new properties under the Ocho Homes portfolio reflects our focus on building a brand that travellers can consistently trust for extended stays. Our approach is centred on creating thoughtfully designed spaces that balance convenience with comfort, while also carrying the character of the destinations they are part of. By strengthening the Ocho Homes identity across both established and emerging markets, we are ensuring the brand remains a preferred choice for guests looking for reliability, style, and a sense of belonging during their travels.”
With these latest openings, Eight Continents continues to expand the Ocho Homes portfolio across strategic markets in Asia and Europe, aiming to serve the growing demand for extended stay hospitality. By combining innovation, comfort, and personalised service, the brand seeks to set new benchmarks in the evolving landscape of luxury travel.
By Hariharan U
Lucknow witnessed an adrenaline-packed weekend as Devil Circuit Season 13 made its debut in the city with the support of Omaxe Group. The event, held on 14th September, attracted more than 5,000 participants, including fitness lovers, adventure junkies, and everyday thrill-seekers from across India.
Touted as one of the toughest obstacle races in the country, Devil Circuit is all about endurance, determination, and teamwork. Competitors pushed themselves through a series of physically demanding challenges, each designed to test agility, strength, and mental grit.
For Omaxe, joining hands with Devil Circuit in Lucknow went beyond just hosting a global-format event. It was about inspiring a culture of fitness, wellness, and community spirit. The Omaxe team itself stepped onto the track, embodying unity and enthusiasm while encouraging others to break barriers. This collaboration follows the group’s earlier partnerships as venue hosts in Delhi, Chandigarh, and Indore.
The roaring success of the inaugural edition in Lucknow has now set a new standard for adventure and fitness gatherings in the region. With its growing popularity, Devil Circuit continues to be more than just a race — it’s a celebration of resilience and the will to go beyond limits.
Published on September 17, 2025
Set against the backdrop of a thriving international travel and hospitality sector, Atmosphere Core, a fast-growing hospitality group, gathered its top 30 senior leaders in Dubai on 9th and 10th September 2025 for the annual leadership summit. The central message of the two-day event was clear: global expansion.
During the summit, senior leaders aligned on strategic priorities and reinforced collaboration as the group looks beyond its current presence in the Maldives, India, Sri Lanka, and Nepal to new destinations across Asia and Europe. The sessions emphasized Atmosphere Core’s progressive approach to leadership and its commitment to creating exceptional guest journeys.
Speaking on the occasion, Mr. Salil Panigrahi, Managing Director of Atmosphere Core, said, “Global expansion is our new direction. As global nomads, we carry with us the Joy of Giving philosophy, the spirit that defines our brands and our people. This annual gathering ensures we remain united, focused, and motivated to move forward. Leadership is about knowing when to push with clear goals and when to pull by guiding and inspiring. Reliability builds trust, and emotional intelligence connects us to our teams and guests. Together, these qualities will drive us as we extend our vision across continents.”
Founded in the Maldives just 12 years ago, Atmosphere Core has grown to nine private island resorts and one heritage hotel in India. The group has an ambitious pipeline of 17 hotels across India and upcoming projects in Italy, Nepal, and Sri Lanka. In 2026, Atmosphere Core is set to launch six new properties, further strengthening its international presence.
Atmosphere Core is also credited with reshaping the all-inclusive resort experience in the Indian Ocean through its pioneering ‘Holiday Plan’ concept, which elevated the standard of indulgence and personalization for global travelers.
The 2025 Leadership Summit reaffirmed the company’s commitment to cultivating strong leaders who can build resilient teams, deliver exceptional hospitality, and reinforce Atmosphere Core’s position on the global stage.
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