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.
The primary drivers: Geopolitical disruptions inflating fuel and operational costs, and a surge in travel demand.
The target for Indian Airlines is to carry about 2,000 passengers per day and for Air-India about 1,500 passengers.
Pawan Ruia has finally done it, a beaming Buddhadeb Bhattacharjee, then West Bengal chief minister, had said at the reopening of the 70-year-old Sahagunj factory owned by Dunlop in 2005. But with the Calcutta high court passing a winding-up order in 2013 and the Trinamool Congress-led state government passing a Bill to take over the company in 2016, the once-upon-a-time undisputed leader in the Indian tyre industry looks vastly undone. But that can hardly be a deterrent for Ruia, who has a penchant for making headlines one way or the other.
An Indian man travelling from New York to Delhi in an American Airlines flight has been apprehended at the Delhi airport for allegedly urinating on his co-passenger, official sources said Monday.
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.
Protocols for the Bomb Threat Assessment Committee (BTAC), convened in the event of a bomb threat call to an aircraft or airport, have been tweaked to better tackle the spate of the ongoing 'random' Internet-based threats being made to various Indian airlines, official sources said Tuesday.
The sources in the know said around 7 flights each of IndiGo, Vistara and SpiceJet got the threats while 6 flights of Air India received the threats.
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.
Air Arabia said it has been granted rights to fly daily to Mumbai from the middle of next month.
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.
Indigo has zero competition on 61.2 per cent of its 838 domestic routes.
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.
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.
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 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.
InterGlobe Enterprises on Thursday said it along with Archer Aviation plans to launch an all-electric air taxi service across India in 2026. Once launched, the InterGlobe-Archer flight will aim to take passengers from Connaught Place in the national capital to Gurugram in Haryana in approximately 7 minutes whereas by road, the 27-kilometre-long trip will take 60-90 minutes, according to a release. Both companies have entered into a Memorandum of Understanding (MoU) with the goal of partnering to launch and operate an all-electric air taxi service in India, subject to appropriate regulatory approvals and clearances.
According to sources in the aviation ministry, only State-owned Air India and private carrier AirAsia India have agreed to pay the surcharge.
Notwithstanding the sweltering heat engulfing major cities, travellers can find solace in the steady airfares to popular summer destinations like Srinagar, Bagdogra, and Kochi. According to airline executives, capacity increases and moderate demand have kept spot airfares from scorching cities like Delhi on a par with the same period last year.
PBKS-DC game also uncertain, say BCCI Sources
Civil Aviation Minister K Rammohan Naidu on Thursday said India will need at least 20,000 pilots in the coming years to meet the rising air-travel demand in the country -- one of the world's fastest growing aviation market. Addressing a gathering at the UDAAN Bhawan here following the launch of Electronic Personnel License (EPL) for pilots, the Minister said aviation has always been the backbone of connectivity, economic growth, and technological advancements.
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.
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.
Pricing to be outside federation's purview.
On Indian routes, Air France, British Airways and Virgin Atlantic are offering premium economy seating
Unprecedented bribery charges, farewells, separation, failed union, monumental mergers and record-breaking IPOs, along with a healthy dose of online happenings in the form of spat and lessons in customer care, corporate India saw it all in 2024.
Refuting all the allegations, IOC has clarified that no monopolistic situation exists in supply and pricing of aviation turbine fuel (ATF) to airlines.
Stressful work schedules and limited growth opportunities are taking a toll on a large number of senior professionals in airlines.
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.
The new visa-free regime allows travellers to stay for up to 60 days instead of only 15 earlier.
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.
