Experts say the margin was impacted primarily because of currency depreciation, rise in the price of aviation turbine fuel and pressure on account of fare wars in the home market.
Civil Aviation Minister Ajit Singh inaugurated the 5-day long event.
The aviation authority is concerned about financial health of Air India, Spicejet and Jet Airways.
Singapore Airlines' deal with Tata Sons (Tata) will inject a further SGD 360 million ($267 million) into Air India. It will give SIA a 25.1 per cent stake in the enlarged Air India group following its takeover by Tata and merger with Vistara Airlines. The November 2022 deal between Singapore Airlines and Tata Sons to further inject $267 million into Air India is one of the key strategic initiatives for future growth mentioned in the quarterly financial report. This agreement is still subject to regulatory approval. SIA in the statement said, "The merged entity will be four to five times larger in scale compared to Vistara, with a strong presence in all key airline segments in India.
Unlike Air India and Jet Airways, which have revised downwards free check-in baggage allowance on domestic flights, GoAir has made provisions for pre-purchasing excess baggage limits.
Stressful work schedules and limited growth opportunities are taking a toll on a large number of senior professionals in airlines.
The response to the sale has been overwhelming.
Till high school, his medium of learning was Marathi. Later, he completed his doctorate under Neil Armstrong's guidance. He has travelled to close to 50 countries, sold $350 billion worth of aircraft. Anjuli Bhargava meets Boeing SVP Dinesh Keskar.
Curtailment of flights between India and China will help Air India and other airlines to boost their seat occupancy and market share.
Jet Airways (India) Ltd hopes to minimise the impact of a sharp rupee depreciation by growing its international network over the next few months.
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.
According to Boeing, India would need 1,940 single-aisle planes worth $220 billion and 350 wide-body aircraft valued at $100 billion.
Tata-SIA will kick off with full-service domestic operations.
Airfares in Indian market are unsustainable, says a senior Boeing official.
ATF for domestic carriers has become 11.22 per cent cheaper since October and is expected to see more price cuts in the next three months.
London hopes to convince New Delhi's naval planners to power India's second indigenous aircraft carrier with the Queen Elizabeth's integrated all-electric propulsion system.
By 2025, most of India's large cities would require a second airport, and Mumbai may need a third airport by 2030.
The number of Indian passengers has jumped more than 20 per cent in the past year
If the Murari Lal Jalan-Kalrock Capital combine can script a turnaround, it will have pulled off a bigger coup than Ajay Singh did with SpiceJet in 2014.
IndiGo's passenger load factor, at 67% in July, fell six percentage points from the same month last year.
The government is keeping its options open.
They will grow at 5.8 per cent a year.
The national carrier's market share has declined from a near-monopoly to 16.6 per cent as of September 2014.
GoAir hopes to fly 15 million passengers by 2016-17, serve 30 destinations, up from 21 now, and will largely remain a domestic airline.
Some airlines, says Anjuli Bhargava, are convinced there's a conspiracy to malign them.
As fliers find themselves spoilt for choice, airlines are looking at ways in which to position themselves distinctively.
The civil aviation ministry appears supportive of SpiceJet because it does not want another airline to fail. The real test now will be the capacity of the airline's chairman, Kalanithi Maran, to raise funds. And he needs to do this quickly.
However, the market recovery is still slow and European market is still volatile showing its effect on emerging markets including India, said Jose Eduardo Coastas, senior vice president (market intelligence).
The Jet Airways of old is no more and the industry mourns its demise. Anjuli Bhargava reports.
Ninety years later, BA counts the country as its second-biggest overseas market after the US.
For India to endorse Nepal's Buddhist conference will be like sipping from a poisoned chalice, warns former RA&W official Jayadeva Ranade.
Air India must tighten costs to comes out of the red or it wil perish in no time, says experts.
The BJP still does not have a majority in Upper House of Parliament, the Rajya Sabha, and this will pose hurdles to the party's legislative reform agenda
The airline will induct four more Dreamliners next year to complete order of 27 of these aircraft
Etihad to have 2 directors even if it dilutes stake to 15%
Air India would add about 400 daily flights and over 40 new destinations in India to the 27-member Alliance network of over 18,500 daily flights to 1,316 airports in 195 countries.
But its sales pitch will remain muted till India opens up more seats on the route
On the international air traffic front, Asia-Pacific airlines recorded an increase in demand of 5.5 per cent compared to November 2012.
Growing trade and commerce in the region could support passenger demand
Whether it's about colonising Mars or donning Net-connected apparel, 2022 is a year everyone seems to be planning for, says Nivedita Mookerji.
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