Latest news with #HyderabadAirport
Hans India
3 days ago
- Hans India
Hyd-Phuket AI Exp flight returns due to tech snag
Hyderabad: An Air India Express flight (IX 110) from Hyderabad to Phuket on Saturday returned to its origin shortly after it took off due to technical snag, Rajiv Gandhi International Airport sources said. The aircraft, Boeing 737 Max 8, which was carrying 98 passengers, landed safely back at 6.57 am, they said. "One of our flights returned to Hyderabad shortly after take-off due to a technical issue. The crew elected to return out of an abundance of caution," an Air India Express spokesperson said in a statement. An alternative aircraft was arranged, and the flight has since departed. Refreshments were provided to guests during the delay, the official further said. "We regret the inconvenience caused and reiterate that safety remains our top priority in every aspect of our operations," it added. According to website, the flight took off at 6.40 AM but landed back a few minutes after it took off from Hyderabad Airport. It took off again at 1.26 PM for Phuket, Thailand.
Indian Express
4 days ago
- Indian Express
Hyderabad-Phuket Air India Express flight returns due to technical snag
An Air India Express flight (IX 110) from Hyderabad to Phuket on Saturday returned to its origin shortly after it took off due to technical snag. The aircraft, Boeing 737 Max 8, which was carrying 98 passengers, landed safely back at 6.57 AM, they said. 'One of our flights returned to Hyderabad shortly after take-off due to a technical issue. The crew elected to return out of an abundance of caution,' an Air India Express spokesperson said in a statement. An alternative aircraft was arranged, and the flight has since departed. Refreshments were provided to guests during the delay, the official further said. 'We regret the inconvenience caused and reiterate that safety remains our top priority in every aspect of our operations,' it added. According to website, the flight took off at 6.40 AM but landed back a few minutes after it took off from Hyderabad Airport. It took off again at 1.26 PM for Phuket.
India Today
4 days ago
- India Today
Air India Express Hyderabad-Phuket flight returns to base soon after take-off
An Air India Express flight from Hyderabad to Phuket was diverted back to its base shortly after takeoff on Saturday morning. Flight IX 110 took off from Hyderabad Airport at 6:40 according to flight tracking service FlightRadar24, the aircraft turned around and returned to Hyderabad soon after take-off. The flight remained in the air for only 16 minutes before turning The reason for the diversion is not yet known. An official statement from Air India Express is a separate incident, earlier this week, an Air India Express flight bound for Dubai was grounded at Lucknow's Chaudhary Charan Singh Airport on Wednesday after the pilot refused to take off due to a technical issue detected during engine IX 193 was scheduled to depart from Hyderabad at 8:45 AM with 160 passengers and 8 crew members on board. Shortly after starting the engines, a technical fault was noticed, prompting the pilot to alert airline officials and air traffic control (ATC) the cancellation, some passengers were issued refunds, while others were provided hotel accommodation by the airline.- EndsMust Watch
Yahoo
26-05-2025
- Business
- Yahoo
GMR Airports Ltd (BOM:532754) Q4 2025 Earnings Call Highlights: Strong Income Growth Amid ...
Release Date: May 23, 2025 For the complete transcript of the earnings call, please refer to the full earnings call transcript. GMR Airports Ltd (BOM:532754) reported a 16% year-on-year increase in total income for Q4 fiscal 2025, driven by traffic growth and non-aero revenues. The company achieved a better margin of 51% in Q4 fiscal 2025, up from 48% in the previous year. Delhi Airport's total income rose 24% year-on-year, driven by traffic growth and commercial property development. Hyderabad Airport saw a 21% year-on-year increase in passenger traffic for Q4 fiscal 2025. GMR Airports Ltd (BOM:532754) has been recognized globally, with Delhi Airport ranked as the 9th busiest airport in the world and awarded the best airport in India and South Asia. GMR Airports Ltd (BOM:532754) reported a loss from continuing operations of INR 2.9 billion for Q4 fiscal 2025, compared to a loss of INR 2.1 billion in the previous year. Interest expenses increased by 27% and depreciation by 30% due to capitalization of expansion CapEx. Goa Airport experienced a 5% year-on-year decline in passenger traffic for the quarter. The company's consolidated net debt increased by INR 18 billion compared to the previous quarter. The effective tax rate for Hyderabad Airport was notably high at around 44-45% for the quarter. Warning! GuruFocus has detected 6 Warning Signs with BOM:532754. Q: Can you explain the impact of the new tariff order on annual revenues for Delhi Airport? A: The new tariff order has increased the yield per passenger from ?145 to ?360, which is an increase of ?215 per passenger. This will significantly impact revenue, but we do not provide forward guidance on revenues. (Respondent: Unidentified_6) Q: Is the current interest and depreciation cost expected to remain the same for FY26? A: The interest cost and depreciation are expected to remain more or less the same, with some reduction in interest cost due to refinancing efforts. (Respondent: Unidentified_6) Q: What has driven the increase in CPD rental income at Delhi Airport this quarter? A: The increase is due to the completion of certain assets and the commencement of lease financing, resulting in a bump of about ?188 to ?190 crore this quarter. Going forward, there will be an increase of about ?120 crore annually. (Respondent: Unidentified_6) Q: Will Delhi Airport be able to break even in FY26 with the new YPP? A: While we cannot provide specific guidance, the new YPP will significantly improve financials, and the results should be evident in the P&L. (Respondent: Unidentified_2) Q: What caused the sequential softness in EBITDA margins at Hyderabad Airport this quarter? A: The softness is mainly due to lower other income in Q4 compared to Q3 and some year-end expenses. The effective tax rate was high due to book entries, but Hyderabad Airport is not currently paying taxes. (Respondent: Unidentified_9) For the complete transcript of the earnings call, please refer to the full earnings call transcript. This article first appeared on GuruFocus. Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
Hans India
21-05-2025
- Business
- Hans India
Hyderabad Airport Crosses 29.5M Flyers in FY25, Up 18% YoY
GMR Airports Limited released its April 2025 traffic report, marking sustained monthly passenger volumes above 2.5 million since November 2024 and highlighting full-year gains for fiscal 2025. April figures show Hyderabad Airport handled 2.2 million domestic passengers, a 21.3 per cent increase from the same month last year, and 0.4 million international travelers, up 8.8 per cent. Total April traffic reached 2.6 million, a 19.1 per cent year-over-year rise. In the fourth quarter of fiscal 2025, domestic traffic topped 6.6 million, up 22.9 per cent, while international numbers climbed to 1.3 million, a 20.1 per cent increase. Combined passenger counts for the quarter stood at 7.8 million, reflecting a 22.4 per cent year-over-year gain. For the full fiscal year, domestic traffic reached 24.4 million, an increase of 17.6 per cent; international traffic rose to 5.0 million, up 20.1 per cent; and total passenger volume was 29.5 million, an 18.0 per cent gain. Operational milestones included a single-day record of approximately 94,000 passengers on Feb. 22, a monthly peak of 2.7 million in December 2024, and quarterly and annual highs aligned with the reported volumes. Connectivity enhancements at Hyderabad Airport took effect in early 2025. Cathay Pacific launched thrice-weekly services to Hong Kong on March 30. Vietnam Airlines inaugurated direct flights to Hanoi on May 7. On environmental and social governance, the airport secured Airport Carbon Accreditation Level 5 under the ACA framework and received U.S. Green Building Council LEED NC Platinum certification. The facility opened India's first integrated electric vehicle charging network for airlines and ground handlers and deployed 15 female commando officers to its security roster. The company said these results position Hyderabad Airport for continued network growth and ESG advancement in the coming year.
