The Congress on Thursday claimed its leader Pawan Khera was deplaned from a flight to Raipur, where he was going to attend the party's plenary session.
Chief executive officers of airlines have asked the government to bear 50 per cent of three months' salaries of employees.
IndiGo has proposed to issue 185,000 shares worth to Chief Executive and Whole-time Director Ronojoy Dutta under the company's Employee Stock Option Plan (ESOP). The shares that can be exercised at a price of Rs 765 apiece is worth Rs 14,15,25,000. Dutta can exercise 25 per cent of that at the end of first year, 35 per cent at the end of second year, and the remaining in December 2023 when his current tenure ends.
The woman, who was wearing a dress, missed her flight, though she was accommodated on a later flight after she reportedly changed into trousers.
Air India, SpiceJet, IndiGo and AirAsia India ready to fill in the gap.
The fresh bout of trouble has forced IndiGo to ground aircraft periodically since July, and on August 20, the number of grounded aircraft touched nine
Talks gain ground of strategic stake sale to foreign investor.
At present, six A320 Neo of IndiGo & GoAir are grounded waiting for engine replacement
The DGCA conducted the spot checks as there have been many technical malfunction incidents in Indian carriers' planes during the last 45 days.
The international operations of Air India seem to be the main attraction for IndiGo, which has also flagged concerns about some foreign overseas airlines being allowed "disproportionate access" to the Indian market.
"In a civilised society fisticuffs have to be condemned ...action has to be taken," Raju told reporters.
Once the coronavirus lockdown is over in India and commercial passenger flights are permitted again, IndiGo will deep clean its aircraft more frequently, stop in-flight meal service for a brief period and will fill a maximum 50 per cent capacity in airport buses, the airline's CEO Ronojoy Dutta said on Friday. "In situations like these, companies do not manage to growth or profitability but to liquidity. That means our singular focus is on cash flow. We are examining all our fixed costs and looking for ways to minimise them," he said.
Budget carrier IndiGo has assured its employees that it will not make any deduction in their salaries or leaves due to the suspension of domestic flights till March 31. The government's decision to suspend domestic flight would come into effect from midnight Tuesday, as part of larger efforts to curb spreading of coronavirus infections.
DGCA rules require pilots to service a six-month notice.
The addition of eight new services would take the total number of flights operated by the IndiGo to 633
The issues include not getting refunds on airline and hotel bookings, getting charged a service fee even if airlines have waived cancellation charges and so on. Complaints are piling up on Twitter, Facebook and other social media channels as more and more people cancel their travel plans due to the ongoing Covid-19 pandemic.
Airlines are slashing salaries and re-negotiating vendor contracts as drastic fall in passengers has hurt revenue. Go First has cut staff salaries by around 16 per cent while IndiGo and SpiceJet are enforcing a leave without pay (LWP) policy and pay by the hour structure respectively to prune expenses. Vistara, which reversed pay cuts for junior staff including managers and cabin crew in March, is not touching employee salaries at the moment and instead focusing on vendor renegotiation and maximising cargo revenue. An Air India executive said efforts are on to pay salaries by 7th or 8th of June.
The market valuation of InterGlobe Aviation, the parent of IndiGo, reached Rs 1 lakh crore mark on Wednesday and became the first airline to achieve this milestone. On Wednesday, the stock rallied 3.55 per cent to settle at Rs 2,619.85 apiece on the BSE. In intra-day trade, shares of the company jumped 4.12 per cent to hit its 52-week high of Rs 2,634.25.
IndiGo's share sale will raise the company's retained earnings to Rs 2,680 crore.
The airline has adopted a counterintuitive strategy of adding new aircraft and expanding capacity amid the slowdown, which seems to be paying off.
Long-haul low-cost carriers like Scoot and AirAsia X offer a similar configuration.
Airlines sought a limited period concession of the standing rule of slot allocation, which mandates that firms must operate at least 80 per cent of their allocated slots.
The carrier's total income rose over 28 per cent to Rs 8,229.4 crore in the three months ended December 2018.
"The return fare on economy class to most European capitals from Mumbai are close to 50,000 plus. If an LCC can offer direct connectivity for a basic fare of 25,000 with additional top ups for meals, baggage and blankets, which further takes the fare to, say, 35,000, it is still a value deal."
The aviation ministry is not in the business of regulating tariffs, says its president Aditya Ghosh.
SpiceJet promoter Kalanithi Maran would need to invest at least Rs 1,500 crore (Rs 15 billion) almost immediately to stabilise the airline.
The DGCA is conducting special audit of all airlines and airports which are in monsoon-affected areas in the wake of multiple landing incidents across the country.
However, if a flyer has been allotted the middle seat due to a high passenger load, 'then additional protective equipment like wrap-around gown of the Ministry of Textile approved standards' must be provided to him or her in addition to a three-layered face mask and face shield, a DGCA order, accessed by PTI, said.
At the heart of the strategy is the basic fundamental of keeping costs for long-haul flights low.
IndiGo revamps website, Jet ties up with Twitter
It dismissed reports suggesting a stake sale as 'baseless'.
India's biggest airline IndiGo is set to file the prospectus next week for a domestic stock market listing.
IndiGo and Jet Airways took the second and third rank, alternatively, during this period.
While global majors like JetBlue, RyanAir, Southwest sell almost 90 per cent of their tickets through their own websites or apps, airlines in India have a minuscule share of around 25 per cent through direct channel booking.
Country's largest airline has set up a centralised unit to minimise disruptions.
IndiGo has about 40 per cent market share, more than double that of Air India's 14.8 per cent.
First it was Citibank which ended its exclusive tie-up with Jet Airways, after 12 years. Now it is the turn of American Express to go airline-agnostic -- despite having a co-branded card with troubled carrier Kingfisher Airlines.
Southwest Airlines remains the world's biggest low cost carrier (LCC), according to Centre for Asia Pacific Aviation (CAPA).
Southwest Airlines remains the world's biggest low cost carrier (LCC), according to Centre for Asia Pacific Aviation (CAPA).
This will take its total number of services to 613.
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