Airlines have to deal with high operating costs - fuel, taxation, airport charges - in a very competitive environment.
Falling jet fuel prices, stable rupee signal lower losses
BSE Metal and Capital Goods indices plunged over 2% followed by counters like Consumer Durables, Auto, Banks and Realty, all falling down between 1-2%.
For the first time, the country's largest airline IndiGo will soon lease up to four wide-body Boeing 777 planes to cover the shortfall in its international operations, according to officials. The airline said the wet-leasing of "certain aircraft" will be done as an interim measure. IndiGo, which has so far only been operating narrow-body Airbus planes, ATRs and freighters, will now be having wide-body aircraft in its fleet.
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.
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.
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.
The aviation authority is concerned about financial health of Air India, Spicejet and Jet Airways.
There is enough room for growth in smaller Indian towns as per US and European aircraft manufacturers
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.
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.
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.
Civil Aviation Minister Ajit Singh inaugurated the 5-day long event.
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.
This was good enough for Fernandes to hire Chandilya to lead his India business.
Jet Airways (India) Ltd hopes to minimise the impact of a sharp rupee depreciation by growing its international network over the next few months.
Officials hint the visit could finally see a formal defence industrial road map being adopted by both nations.
Vinay Umarji
New Delhi's candidature was unanimously endorsed by the 55-member Asia-Pacific grouping, including China and Pakistan, in June last year.
Tata-SIA will kick off with full-service domestic operations.
IndiGo's passenger load factor, at 67% in July, fell six percentage points from the same month 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.
The company issued its yearly market outlook for India.
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.
According to Boeing, India would need 1,940 single-aisle planes worth $220 billion and 350 wide-body aircraft valued at $100 billion.
"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.
Airfares in Indian market are unsustainable, says a senior Boeing official.
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.
Qatar Airways might infuse $200 million in debt and equity in SpiceJet.
For international travel, frequent flyers look at network and Air India's global network is weak.
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.
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.
As fliers find themselves spoilt for choice, airlines are looking at ways in which to position themselves distinctively.
The number of Indian passengers has jumped more than 20 per cent in the past year
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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 government is keeping its options open.
