The theme of the meeting this year would be 'Globalisation 4.0: Shaping a Global Architecture in the Age of the Fourth Industrial Revolution'.

The aviation regulator has issued directions with respect to flying A320neos fitted with P&W engines by the two budget carriers, which reportedly boast around 100 of these planes collectively.

The plane, which had 168 passengers on board, made a safe emergency landing at the Chhatrapati Shivaji Maharaj International Airport here at 12:15 pm, he said.

The meeting called by the aviation ministry today will look at possibility of asking domestic airlines to defer induction of Airbus A320neo planes and perhaps even ground the existing fleet.

A spokesperson for the Mumbai airport said that around 230 flights will be cancelled daily.

The nine major Indian carriers together took deliveries of over 120 planes comprising both twin and single-aisle as well as regional jets in the just-concluded year

While sources said the engine of the aircraft stalled mid-air with a \"loud bang\", an IndiGo spokesperson said in a statement that its crew took note of a \"technical caution\" and decided to return the flight to Chennai.

A Mumbai-Delhi flight, which otherwise cost over Rs 3,000, not including taxes and fees, is available for just Rs 1,499 for the applicable travel window.

From spiralling costs and cut-throat competition pushing airlines into the red to government initiatives aimed at boosting the fast-growing sector