IndiGo's size should be compared with global carriers, and not other domestic airlines, chief executive officer Pieter Elbers said on Tuesday, adding that such benchmarking will help India transform its airports into aviation hubs. Elbers flagged the tendency to scrutinise domestic competition, assess fares on domestic routes, and determine if they are high. "But if we want to build some hubs, we should have a broader look," he said during a panel discussion at a convention organised by All India Management Association (AIMA).
There would be 'no adverse impact' on Air-India and Indian Airlines if private carriers are allowed to operate to foreign destinations, said the civil aviation minister.
As photographs and video clips were distributed on social media, aviation security watchdog BCAS issued show cause notices to IndiGo and Mumbai airport operator MIAL over the incident, official sources said on Tuesday.
Zudio was the standout performer as it tapped into the pentup demand in small-town India, at a pace never seen before, notes Indrajit Gupta, co-founder and director, Founding Fuel.
The government is taking the first steps towards opening of the Gulf region to private airlines -- by setting a high-level committee under the aegis of the aviation ministry -- to examine the contentious issue.
With war clouds hovering over Iraq, the Indian government has directed both Air-India and the Indian Airlines to stand in readiness for evacuating over 50,000 Indians working in Kuwait on a short notice of three days, if necessity arises.
Mallya claims private airlines were discriminated against by the Indian government, which bailed out state-owned Air India but did not assist his own Kingfisher Airlines and now Jet Airways.
Air Arabia said it has been granted rights to fly daily to Mumbai from the middle of next month.
From CEOs to RBI governors, cricket's rich imagery and strategy resonate deeply with leadership, uncertainty, and decision-making across industries and global diplomacy, points out Suveen Sinha.
To bring about synergy between the two airlines, Air-India and Indian Airlines have signed an agreement under which the domestic carrier will handle all security-related functions for all international flights.
Kingfisher pays 37 per cent higher premium while Air India defers renewal. "The Air France crash is expected to provide a $600-$700 million hit (to global insurance companies), which is 40 per cent of the total premium collected, and therefore hardening of reinsurance rates was evident. We had seen prices go up from $2 billion to $4 billion after the 9/11 attacks (in the US)," said ICICI Lombard Reinsurance Head Rajiv Kumaraswamy.
Police in Maharashtra's Nagpur have identified a 35-year-old man from Gondia in the state as the person behind a spate of hoax bomb threats that triggered panic, caused flight delays and led to increased security at airports and other establishments, an official said.
The decision would help provide ease of doing business and also lead to larger FDI inflows contributing to growth of investment, income and employment.
The expansion of existing airports and development of new airports will continue expeditiously, Finance Minister Nirmala Sitharaman said on Thursday and emphasised that the country's aviation sector has been galvanised in the past 10 years.
Ace stock market investor Rakesh Jhunjhunwala-promoted starup carrier Akasa Air on Monday unveiled the first look of its crew uniform as it gets ready for take-off likely by this month-end. Akasa Air, which received the delivery of its first Boeing 737 max aircraft in India on June 21, also plans to conduct proving flights this week, following which it will get the Air Operator Permit for launching commercial operations. The uniform fit focuses on providing the best possible stretch to ensure their comfort over their busy flight schedules, the company said in a statement.
'My one recommendation would be to first quell the violence and then encourage dialogue and build the trust among the different communities.' 'This is not easy but necessary, for violence cannot be the way forward.'
A threat about the presence of bombs on an Akasa Air flight at Biju Patnaik International Airport in Bhubaneswar was received on social media, but it later turned out to be a hoax, an official of the airport said on Thursday.
According to sources in the aviation ministry, only State-owned Air India and private carrier AirAsia India have agreed to pay the surcharge.
The Federation of Indian Airlines, the group formed by various carriers, has appointed Amitabh Khosla from CII as Executive Director to head its secretariat and plans to have a Director General later.
French aerospace major Thales Group is eyeing major expansion in India. The group has started planning to set up a maintenance, repair, and overhaul (MRO) organisation in India to support Indian airlines - many of which are its customers for avionics support. "We are looking to set up an MRO, so that they don't have to travel to West Asia or Singapore. "Final decision is yet to be taken, but this is a clear intent showing the growth potential in India that we are looking to set up a sub-centre here," said Yannick Assouad, executive vice-president, avionics at Thales, who was on her maiden visit to the group's India office at Bengaluru since taking charge.
Indian customers will have wider travel options as airlines introduce new flights from the end of March. While Malaysian Airlines and Turkish Airlines are resuming passenger flights to India after a gap of two years, Air France-KLM and Lufthansa Group will scale up their existing service in a graded manner in the summer schedule. Emirates, the largest foreign airline operating in India, too, is looking to restore its pre-Covid-19 schedule of 172 flights per week.
India remained the world's fastest growing domestic aviation market with 51 straight months of doubled-digit traffic growth but the woes of passengers as well as carriers manifested in myriad forms.
Flight services at Mumbai airport were severely impacted on Monday due to low visibility after heavy rains in the city, leading to runway operations being shut for over an hour and approximately 50 flights being cancelled, sources said.
About 70,000 employees consisting of all unions in the civil aviation sector, including Indian Airlines and Air-India, have threatened an agitation
IndiGo was the only airline to have reported profits during this period, barring 2011-12 when it made a loss of about Rs 88 crore (Rs 880 million.
The Indian aviation sector is on the cusp of a change as airlines look to induct a record number of aircraft. This, analysts said, will put the sector on a growth runway, though keeping it viable for only long-term investors. According to Vinit Bolinjkar, head of research at Ventura Securities, expectations of strong air traffic, coupled with low penetration, is the prime reason for a solid long-term outlook.
On Indian routes, Air France, British Airways and Virgin Atlantic are offering premium economy seating
'This case is not a good example of intellectual property strategy for either sector.'
West Asian carriers are up against Air India and IndiGo in the battle for seats on lucrative international routes.
Pricing to be outside federation's purview.
Refuting all the allegations, IOC has clarified that no monopolistic situation exists in supply and pricing of aviation turbine fuel (ATF) to airlines.
Since 1954, the Bhasins have collectively flown every aircraft in India.
Stressful work schedules and limited growth opportunities are taking a toll on a large number of senior professionals in airlines.
The AFI official said that Air India refused to carry three poles measuring 5m each to be used by the two athletes, on the ground of some "technical issues" concerning prescribed length of the items.
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