With the government intending to take Air India and Indian Airlines to the stock market, investors will have wider choice for the shares in the sector, which otherwise is constrained by demand-supply mismatch due to the presence of only five small ai
Domestic air passenger traffic grew 5.1 per cent year-on-year to an estimated 138.9 million in May and was significantly higher by around 14 per cent than pre-Covid levels, credit ratings agency Icra said on Thursday. Icra also said the outlook on the Indian aviation industry is stable amid the continued recovery in domestic and international air passenger traffic with a relatively stable cost environment and expectations of the trend continuing in FY2025.
Liquor baron Vijay Mallya-promoted Kingfisher Airlines has become the first private airline in the country to get Category III certification from the Directorate General of Civil Aviation.
An airline's birth is a result of passion and enterprise, often not without its challenges and ordeals. And, Tata-run airlines are no exception
There could be a fare war in the Indian skies to beat competition from Vistara.
'...from the recovered part of the throttle quadrant -- the control panel that manages engine power -- it is hard to say at this stage if the locking mechanism was damaged in any way.'
In the past few days, more than 40 flights operated by the Indian carriers have received bomb threats which later turned out to be hoaxes.
Taking hoax bomb-threat messages and calls seriously, the government has started identifying those behind the menace and asked social media platforms like Meta and X to share data on such messages, sources said.
Alliance Air, the feeder subsidiary of Indian Airlines, may fly Russian defence aerospace major Sukhoi's new civilian jet to connect regional locations in the country.
'Industry observers are certain the next attempt will succeed even if they have to browbeat someone into buying as the government has put its might behind it,' predicts Anjuli Bhargava.
Air India officials they should have received a passenger manifest from Canadian Pacific Air listing all the connecting travellers on a flight from Vancouver to Toronto.
By cutting international flights, Indian firms forefeit market share.
This is the first time that AirAsia chief has raised concerns about the dual airline strategy of the Tata group, his partner.
Within two weeks of many airlines deciding to roll back salary cuts encouraged by a steady increase in traffic flow, a second wave of coronavirus along with rules of compulsory RT-PCR test has hit forward bookings. The fears of last summer, when the pandemic had overturned all the wisdom of airline boardrooms, have returned to haunt the aviation industry. According to an official in the Ministry of Civil Aviation, flight occupancy is down to 60 per cent from 70 per cent in the first week of March. Airline lobby group IATA estimates that low cost airlines need to fly at 80 per cent occupancy to be profitable.
The Goods and Services Tax (GST) Council, scheduled to meet on June 22, could take a call on ending uncertainty on taxing foreign airlines and shippers as regards certain services, a senior official in the know told Business Standard. He said the Council was expected to decide on exempting the services in question from GST - aircraft lease rentals, maintenance, crew salaries, etc. These services are provided by foreign airlines to their Indian operations.
If all 102 grounded planes could fly, there will theoretically be 400 more Delhi-Mumbai flights every day.
An IndiGo flight from Delhi to Srinagar encountered severe turbulence after a sudden hailstorm. The pilot requested permission from Lahore Air Traffic Control to use Pakistani airspace to avoid the turbulence, but the request was rejected. The flight, carrying over 220 passengers, including Trinamool Congress MPs, landed safely at Srinagar Airport. The incident is being investigated by the Directorate General of Civil Aviation (DGCA).
'Whoever is doing it (threats to airlines), they are actually carrying out a recce.' 'This is the manner in which terrorists strike.'
However, while the capacity void in the domestic market has been filled, a vacuum still remains in international connectivity, especially on the India-Europe and onwards route, which was well connected by Jet Airways via the Boeing 777, Airbus A330 aircraft and its hubs in Paris and Amsterdam.
No major price skirmishes expected; Passengers seem to prefer flights with a short stop-over.
The Indian government allowed foreign airlines to buy up to 49 per cent stakes in Indian carriers in September 2012.
Let Air India - that anyway flies very limited international routes, often bleeding profusely and makes huge losses on trunk routes - do this national service, says Anjuli Bhargava.
Indicating its intentions to fly abroad very soon, proposed airline AirAsia India on Wednesday trashed the "bizarre" policy of allowing carriers to operate international flights only after five years of domestic operations.
Many argue that the airline could achieve its full potential if Nusli Wadia were to run it the way he does Britannia.
Over 50 per cent of all traffic to Jeddah consists pilgrims headed to Mecca and Medina.
The biggest let down for India's aviation sector has been the failure of the government to privatise Air India, says Anjuli Bhargava.
Even though the two state-owned airlines, Indian Airlines and Air India, have announced a merger, the country is on its way to once again have two scheduled airlines controlled by the government.
SpiceJet's resurgence, once the new funding is in place, has the potential to disrupt the Indian aviation market in 2024 as the airline will bring its grounded aircraft back to service and lease as many planes as possible to be competitively relevant, aviation consultancy firm Capa India said on Thursday. "Although the market for procuring aircraft in 2024 is exceptionally tight, we expect that SpiceJet will bring stored aircraft back into operations, and will wet or dry lease as much capacity as possible, in order to be competitively relevant. "This will have a material impact on the industry structure, and possibly on domestic profitability," Capa India said in its report.
The inactivity of Go First may help other airlines in India's competitive market as it had a 7.8 per cent market share.
'The switch can't be shut off by an accidental brush of the hand, but needs effort, conscious physical action to operate it.' 'Was it the software of the aeroplane that caused the switch to turn off?' 'Was it the hardware of the aeroplane?' 'Was it both software and hardware put together?'
A passenger on a New York-New Delhi American Airlines flight allegedly urinated on a fellow male passenger in a drunken state, sources said on Sunday.
The slot constraint in Indian airports is also going to play a role in pushing airlines to have wide bodies.
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.
National carrier Indian has been voted the most preferred airline of Indian expatriates living in the UAE, according to an opinion poll.
Long-term macro trends indicate growth in demand for air travel. Trends from the ticketing website MakeMyTrip indicate a likely annual growth of between 11-17 per cent in Indian air travel demand over FY24-30. Through that period, InterGlobe Aviation or IndiGo may continue to make gains in market share in both domestic and international travel, aided by large fleet additions. IndiGo is the largest global customer of Airbus by far with 950 aircraft orders outstanding.
