Airline says can't discuss dues publicly, denies grounding of planes
'A formula can be reached so that everyone gets a fair share.'
In 2017 only the Jeju-Seoul Gimpo route (with over 64,991 flights) and Melbourne-Sydney (54,519 departures and arrivals) were busier than Mumbai-Delhi.
Though the Mumbai and Delhi airports still rule the domestic aviation market, the share of the two in overall traffic is falling. In 2006-07, the two airports collectively handled 40.6 per cent of all domestic passengers; in 2012-13, their share fell to 37 per cent.
There is enough room for growth in smaller Indian towns as per US and European aircraft manufacturers
The initial speculation over who is likely to down shutters seems to have given way to a resigned acceptance that all the players are determined to stay in the game.
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.
The aviation authority is concerned about financial health of Air India, Spicejet and Jet Airways.
Both Vistara and AirAsia India, along with their partners, are quietly putting together an aggressive plan to become a formidable force in the skies. At the core of this new push is their plan to go international this financial year.
The full-service airline has faced multiple challenges in its run.
Indian airlines currently are required to have a minimum fleet of five aircraft and five years of operational experience for starting international services.
The apex court asked the government to get back by March 9 about the policy.
Civil Aviation Minister Ajit Singh inaugurated the 5-day long event.
This was good enough for Fernandes to hire Chandilya to lead his India business.
Vinay Umarji
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.
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.
Jet Airways (India) Ltd hopes to minimise the impact of a sharp rupee depreciation by growing its international network over the next few months.
New Delhi's candidature was unanimously endorsed by the 55-member Asia-Pacific grouping, including China and Pakistan, in June last year.
Airlines say that they are keeping their fingers crossed for December - another peak period - when, based on current bookings, the air fares for those who buy early are more or less in line with last year.
"No other relationship of India has as many layers as our relations with China. We are the world's two most populous countries and among the fastest growing major economies. Our cooperation is expanding," he said.
The company issued its yearly market outlook for India.
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.
Tata-SIA will kick off with full-service domestic operations.
According to Boeing, India would need 1,940 single-aisle planes worth $220 billion and 350 wide-body aircraft valued at $100 billion.
Airfares in Indian market are unsustainable, says a senior Boeing official.
IndiGo's passenger load factor, at 67% in July, fell six percentage points from the same month last 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.
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.
Aarohi Pandit, the world's first woman pilot to cross the Atlantic Ocean and Pacific Ocean solo in a light sport aircraft (LSA), is all set to re-enact on 15th of this month India's first commercial flight flown by the legendry J R D Tata in 1932.
Qatar Airways might infuse $200 million in debt and equity in SpiceJet.
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.
The number of Indian passengers has jumped more than 20 per cent in the past year
For international travel, frequent flyers look at network and Air India's global network is weak.
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Amadeus Altea Suite, a complete passenger service system, is currently used by more than 120 airlines across the world. Vistara is a 51:49 joint venture between Tata Sons and Singapore Airlines Limited.
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.
As fliers find themselves spoilt for choice, airlines are looking at ways in which to position themselves distinctively.
The government is keeping its options open.
Some airlines, says Anjuli Bhargava, are convinced there's a conspiracy to malign them.
GoAir hopes to fly 15 million passengers by 2016-17, serve 30 destinations, up from 21 now, and will largely remain a domestic airline.
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