Despite having started at least a decade later than Jet Airways, IndiGo accounts for the lion's share in the domestic market
In March this year, domestic air traffic had spiked by 1.6 per cent to 5.18 million passengers, compared to 5.1 million in March 2012.
In a move which could affect the Jet-Etihad deal or start-up carriers like Tata-SIA or AirAsia India, DGCA has made it clear that foreign airlines or investors would not have the right to control the management of an Indian carrier.
Seats being offered by LCCs in international routes up from 3% of the total last year to 10%.
The airline, which bagged the second position after Jet Airways in terms of the number of passengers, got permission for launching international operations from the forthcoming summer schedule, which begins in April and continues till October-November.
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.
Currently, Vistara has more than 22 planes and operates around 850 flights every week.
Ticket prices of even low-cost airlines will go up by Rs 1,000-2,000 due to unbundling of services.
SpiceJet recently posted a loss of over Rs 1,000 crore (Rs 10 billion) for fiscal 2014.
Air India, which is set to fly to Moscow from early next month, is exploring CIS destinations among the new places that it wants to expand its global operations to, an airline official said.
The Indian aviation sector is flying high with domestic passenger traffic posting strong growth for the seventh straight month in July.
An executive of a private airline said even though volume picked up, it will be difficult for airlines to make money as fares have remained low even during festive season.
A senior DGCA official said 23,403 departures per week have been finalised, covering 103 airports, which is 1.2 per cent higher than the 23,117 operated during the previous winter schedule.
Reddy, who represents Andhra Pradesh's Anantapur seat in the Lok Sabha, reported late for the flight and therefore, was not allowed to board it, a source said.
The inactivity of Go First may help other airlines in India's competitive market as it had a 7.8 per cent market share.
From limousine pick-ups to on-board chefs, Asia's premium airlines are investing hundreds of millions of dollars on luxury services.
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.
The BSE Midcap and the S&P BSE Smallcap indices outperformed to gain 0.6% and 1.1%, respectively
Air India and Jet Airways are planning to leverage their extended domestic networks following a merger (with Indian Airlines) and acquisition (of Air Sahara), respectively, to offer small-city travellers free connectivity for international flights.
Hyderabad-based Turbo Megha Airways takes off, promising affordable fares and other benefits.
We are only 9-10 months into the turnaround exercise: Maran
LCCs said apart from higher charges, which they had to fork out, there was also fear they might lose their on-time performance records.
Travels to Gulf accounted for 40% of India's international air traffic in 2016.
SpiceJet, IndiGo, Jet Airways, Alliance Air, and Turbo Aviation are among the operators that have bagged the routes in the third round.
A video clip of the heated exchange onboard the flight on December 16 was shared on social media on Wednesday.
Coming down heavily on aviation safety violations, DGCA on Saturday grounded a business jet owned by Reliance Industries for carrying expired safety equipment on board and suspended its pilot for flying without a licence.
Stressful work schedules and limited growth opportunities are taking a toll on a large number of senior professionals in airlines.
Experts expect a net loss of Rs 26.7 billion for IndiGo and Rs 10.1 billion for SpiceJet in Q1FY21 driven by low traffic volume, low fleet utilisation and poor coverage of fixed costs.
The National Company Law Tribunal (NCLT) on Thursday reserved its order on crisis-hit airline Go First's plea seeking voluntary insolvency resolution proceedings and interim moratorium on financial obligations while aircraft lessors vehemently opposed the petition. Amid the airline facing severe financial crunch and cancelling flights, a two-member NCLT bench comprising Justice Ramalingam Sudhakar and Member L N Gupta heard the arguments for and against the petition for nearly four hours. As aircraft lessors opposed the plea, the counsels for Go First said the petition was not a malicious one to avoid payment of dues to its creditors but to save the company.
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.
Nuclear energy companies are going to be a significant part of the US trade delegation, the largest ever to any country, to visit India later this month, US Ambassador David Mulford has said.
Competition promotes innovation in the business model, creating sustainable value.
'Indian aviation is having a lesser number of aircraft.' 'Besides the Boeing 737 MAX, you have the A320Neos which Indigo is currently grappling with because of a lack of pilots.' 'This has led to cancellation (of flights) and therefore the prices of air tickets are on the higher side this season although generally in March ticket prices are on the lower side.'
Air India said it has also written to the Shiv Sena communicating the decision to cancel the ticket. Shiv Sena Secretary Anil Desai said that he has asked Gaikwad to change his travel plans as the party doesn't want the tensions to escalate.
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