The state-run Airport Authority of India (AAI), which manages the majority of the country’s airports, is aiming to earn $240 million during the current financial year, which ends March 31. The profit is expected to come as a result of growth in revenue after the country’s Airports Economic Regulatory Authority (AERA) recently revised airport tariffs, AAI Chairman V. P. Agrawal says.

AirAsia’s Indian joint venture will be delayed a couple of months beyond the planned December launch, says a senior Indian government official. The Directorate General of Civil Aviation’s Director General Arun Mishra says the airline, AirAsia India, must first take possession of its fleet, which requires an import license. Then “we should be able to give the permit in the next two months,” says Mishra. AirAsia in July announced plans to invest $30 million to start a low-cost airline in India with local investors the Tata Group and Telestra Tradeplace.

NEW DELHI — India’s ambitious Hypersonic Technology Demonstrator Vehicle (HSTDV) is shooting for a first flight test in 2014. Defense scientists are conducting a series of tests and have already achieved some milestones in terms of engine development. “We are working on a demonstrator vehicle in the hypersonic space which will hopefully lead us to design hypersonic vehicles and ways to manage the thermal environment,” says V.G. Sekaran, director general for missiles and strategic systems at the Defense Research and Development Organization (DRDO).