Airfares in Indian market are unsustainable, says a senior Boeing official.
SpiceJet has launched its Mega Monsoon Sale with special fares starting at Rs 99 on 23,000 promotional seats across 12 sectors.
The number of Indian passengers has jumped more than 20 per cent in the past year
Mumbai International Airport Ltd (MIAL), the private airport operator, had earlier announced that all operations at the CSMIA will remain suspended between 2.30 pm and 7 pm as a precautionary measure in view of the cyclone Nisarga.
Based on the Skytrax ranking for 2018, IndiGo is number two among the best low-cost carriers in Asia, behind rival AirAsia.
The prime minister also visited the Ram Manohar Lohia Hospital in New Delhi after the milestone was achieved and interacted with hospital officials.
Spicejet receives maximum complaints regarding refunds
The government on Monday issued a letter of intent (LoI) confirming the sale of its 100 per cent stake in loss-making Air India to Tata Group for Rs 18,000 crore, a senior official said. Last week, the government had accepted an offer by Talace Pvt Ltd, a unit of the holding company of salt-to-software conglomerate, to pay Rs 2,700 crore in cash and takeover Rs 15,300 crore of the airline's debt. Subsequent to that, an LoI has now been issued to Tata confirming the government's willingness to sell its 100 per cent stake in the airline.
Virgin Atlantic plans to operate three flights a week from Delhi to London's Heathrow from September 2, while Mumbai services are planned to re-commence from September 17 with four flights per week. Both the destinations will provide connections to New York JFK and will operate on 787-9 Dreamliner.
Ajit Mishra, vice president, research, Religare Broking, answers your stock market queries.
In contrast to its global peers, a lion's share of Delhi airport's growth came from domestic flyers, which, at 46.6 million, makes up for 73 per cent of the total number of passengers.
A free and open aviation market, where the government keeps the interest of consumers higher than saving any airline.
Hundreds of pilots are staring at a long wait to get the job of their dreams after completing the course, the cost of which runs to Rs 1 crore.
Aviation companies were in focus with all the three airliners SpiceJet, InterGlobe Aviation and Jet Airways adding in the range of 2% to 3% on the BSE
Some airlines, says Anjuli Bhargava, are convinced there's a conspiracy to malign them.
Markets regulator Sebi has kept in abeyance the processing of Go Airlines' draft papers for an initial public offer worth Rs 3,600 crore. Go Airlines (India) Ltd, which has announced rebranding itself as 'Go First', filed preliminary papers for an initial share sale worth Rs 3,600 crore in May. The proceeds will be mainly used to repay dues. The "issuance of observations (has been) kept in abeyance", according to Sebi's latest update on processing status of Go Airlines' draft offer documents. The information was updated on June 25. In Sebi parlance, issuance of observations implies its go-ahead for the IPO.
The carrier is implementing a number of measures.
National carrier Air India became part of the 27-member global airlines grouping Star Alliance, as budget airline AirAsia India launched operations and Tata-SIA joint venture carrier Vistara received the flying permit and announced its intentions to start operations from January 9.
The acquisition will give the Tatas a firm footing on international routes and generate economies of scale.
The booking for tickets under the will start from Thursday and would continue till March 1.
The government on Monday signed the share purchase agreement with Tata Sons for the sale of national carrier Air India for Rs 18,000 crore. Earlier this month, the government had accepted an offer by Talace Pvt Ltd, a unit of the holding company of the salt-to-software conglomerate, to pay Rs 2,700 crore cash and take over Rs 15,300 crore of the airline's debt. Following that, on October 11 a Letter of Intenet (LoI) was issued to the Tata Group confirming the government's willingness to sell its 100 per cent stake in the airline.
Despite having started at least a decade later than Jet Airways, IndiGo accounts for the lion's share in the domestic market
AirAsia India, whose top officials have promised to offer low and competitive airfares, will focus on connecting tier-II cities to begin with.
Tata Sons has emerged as the top bidder for the takeover of debt-laden State-run airline Air India but the bid is yet to be approved by a group of ministers headed by Home Minister Amit Shah, sources said.
The number of local youth joining militancy has shown a declining trend during the current year. Check out information revealed by ministers in the Lok Sabha and Rajya Sabha.
AirAsia India, whose top officials have promised to offer low and competitive airfares, will focus on connecting tier-II cities.
The airlines have instead suggested compulsory personal protective equipment-like suit, gloves and mask for flyers and crew members.
Competition is intense and with the blurring of differences in service proposition and fares, it becomes imperative that airlines use their on-time performance for messaging and brand building.
Air India launched a short-term 'Monsoon Bonanza' scheme under which tickets on 40 select domestic sectors can be bought till Saturday for travel till September 30.
On a busy corporate route like Delhi-Mumbai, hand luggage fare can be cheaper by at least Rs 500-Rs 800.
The decision was taken after Prime Minister Narendra Modi announced that the lockdown across the country will be extended till May 3 to fight the coronavirus pandemic.
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