According to latest data, new airlines have a combined market share of 5.4 per cent.
The national carrier has sought dry-leasing these planes for six years instead of buying them, as part of its Turnaround and Financial Restructuring Plans, airline sources said.
The offer is applicable to airline's all domestic destinations, including Mumbai, Delhi, Kolkata and Chennai, a company official said.
In March 2020, soon after the cessation of airline operations globally and domestic flights within India, many in the aviation sector had written Delhi-headquartered low-fare airline SpiceJet's obituary well before that of most of its rivals. Unlike IndiGo, GoAir (now rechristened Go First), Vistara and even AirAsia India, SpiceJet did not have founders or backers with deep pockets. Although it is the only other listed carrier in India besides IndiGo, it was considered the weakest and the least likely to survive the pandemic. But chairman and managing director Ajay Singh surprised everyone by not only surviving but taking the lead on many fronts. Within a few weeks of the scheduled flight stoppage, SpiceJet was doing as many charter flights as it could get hold of.
It's too big to digest as one whole airline.'
A senior police official said on Monday police here have taken a serious note of it and launched an investigation after lodging an FIR.
Ratan Tata says FIPB nod for Tata Sons' new airline with AirAsia reflects investor friendly policies of Indian government.
Experts said the risks associated with the Indian Experts say that aviation sector would keep investors away from airline stocks.
The country's fourth budget carrier has also announced the addition of Kochi to its existing network from July 20.
Except GoAir, all other Indian airlines have opened bookings for their domestic flights that will start operating from May 25. GoAir will open bookings on domestic flights from June 1 onwards.
While Air India and Jet Airways flights to Kathmandu were grounded at Indira Gandhi International Airport in New Delhi, no-frills airline AirAsia's Goa flight from Bengaluru also failed to take off on scheduled time due to similar reasons.
Kamra allegedly heckled Goswami, the editor of Republic TV, on IndiGo's Mumbai-Lucknow (6E5317) flight on Tuesday.
Sindhu joins senior country-mate Anish Bhanwala in securing a Paris berth in the 25m rapid fire.
Seeking to further democratise air travel with dependable and affordable services, airline Akasa Air is aiming to start flights in late May or early June after getting its first Boeing 737 MAX aircraft in April. Bullish on the long term growth potential of the country's civil aviation sector, ace investor Rakesh Jhunjhunwala-backed carrier is looking to have 18 planes in its fleet by the end of March 2023. Despite COVID clouds continuing to cast a shadow on the airlines, Akasa Air CEO Vinay Dube is more than optimistic as he asserted that "if you look at the long term future of commercial aviation in India, it is as exciting as anywhere in the world".
IndiGo had the best on-time performance (OTP) of 95.4 per cent at four metro airports in February, while Go First secured the number two position with 94.1 per cent in the same month, according to data released by aviation regulator DGCA. Bengaluru, Delhi, Hyderabad, and Mumbai were the four airports where Indigo had the best OTP, the data released on Monday said. In January, the situation was inverse as Go First had logged the best OTP of 94.5 per cent at the four airports while IndiGo was at number two with 93.9 per cent OTP.
AirAsia's Fernandes says CEO for India will be an Indian; proposed airline firm with Tata may hit ministry hurdle
Curtailment of flights between India and China will help Air India and other airlines to boost their seat occupancy and market share.
Right from the early days of liberalisation, there have been political controversies surrounding several cases that landed on the FIPB table and which, in turn, have often led to court battles.
Tata said that their exposure in the airline was merely a "financial investment", does not represent a major re-entry into the airlines business.
Growing trade and commerce in the region could support passenger demand
'Trump will absolutely back New Delhi on its position that Pakistan must do more to crack down on terrorists that threaten India.'
Byrnihat in Meghalaya topped the list of most polluted cities in India in 2023, closely followed by Begusarai in Bihar and Greater Noida in Uttar Pradesh, according to a report released on Wednesday.
IndiGo, Vistara, Air India, SpiceJet have cancelled their flights, while GoAir and AirAsia India announced waiving date change/ cancellation fee.
Air Asia is partnering with Tata Sons and little known Arun Bhatia for their India entry.
'Covid patients have infected lungs and the pollutants will further damage it.'
The future certainly looks good for Bangalore.
Iran's Islamic Revolution Guard Corps (IRGC) said the attack was aimed at "specific targets".
Anjuli Bhargava's musings on why the national carrier is well beyond a turnaround.
The Mark-1A will be more sophisticated and capable than the Tejas Mark-1.
Tata-SIA have applied to the Civil Aviation Ministry for a no-objection certificate to start a full-service airline in India.
Air India, SpiceJet, IndiGo and AirAsia India ready to fill in the gap.
Indigo, Air India, Spicejet, GoAir, Jet Airways and Vistara put Diwakar Reddy under no fly list.
Images from the Asia Cup T20 match between Sri Lanka and Bangladesh in Dubai on Thursday.
Industries such as aviation and hospitality have many silos within them and Aionos, the joint venture between Interglobe Enterprises (IGE) and Assago Group, is an attempt to bridge them and boost efficiencies using artificial intelligence (AI) solutions, Rahul Bhatia told Business Standard on Tuesday. Bhatia, the Group Managing Director of IGE, serves as the majority shareholder in India's largest airline, IndiGo. Additionally, IGE operates 21 hotels under the Ibis brand and runs a logistics company called Movin.
GoFirst, AirAsia India, Star Air and TruJet will resume all their domestic operations from Terminal 1 from October 20 midnight, the private airport operator said in a release.
'We are going to need more technical people in government.' 'You can't expect a generalist to understand the complicated world of financial engineering.' 'I regret to say that most of our politicians have no competence to deal with these things. Nor is there a willingness to learn.'
The 20-year-old Rhythm, who hails from Haryana and was a part of the team that won the 25m sports pistol gold at the Hangzhou Asian Games last year along with Esha and Manu Bhaker, shot 28 in the final to settle for bronze.
Domestic air traffic logged 14.35 per cent growth in November as compared to the corresponding period last year propelled by the festive season rush.
India on Friday asked its citizens not to travel to Iran and Israel amid increasing fears that Tehran may launch an attack on Israeli soil in retaliation to a strike on the Iranian consulate in Syria 11 days ago.
With the fight now having been taken to the seizure of nuclear plants, it is one more warning to Europe that this prolonged war could end up with disastrous consequences, observes Rashme Sehgal
