To fill seats, airlines have resorted to fare wars following the adverse impact on ticket sales, reports Arindam Majumder.
The diplomatic rift between India and Maldives, coupled with the suspension of flight bookings on one of India's major travel portals, has sent jitters down the spine of tour operators in the island nation. The Maldivian Association of Travel Agents and Tour Operators (MATATO), a forum for travel agents, has stressed that the Indian market is important to the success of tourism in Maldives.
SpiceJet says tickets in three day sale will be 75 per cent lower than last minute purchase fares.
InterGlobe has raised Rs 3,008.5 crore.
Around 200 pilots of Go First, the cash-strapped airline that suspended operations on May 2, have joined Air India. As many as 75 of them started training with the Tata-owned airline on Monday. As Go First tries to salvage its operations, it has announced additional pay or retention allowance of Rs 100,000 and Rs 50,000 for captains and first officers, respectively, with effect from June 1.
During the January-July period, passenger growth jumped 21.13 per cent to 455.78 lakh.
Low-cost carrier IndiGo on Wednesday said it will add 14 new Airbus A320 aircraft in its existing fleet of 38 in 2011-12 as it gets ready to launch its international operations in August-September.
The new flights come against the backdrop of the Indian government's move to boost air connectivity with Central Asia and tap the interest of Russian investors in India.
Strong passenger growth will help domestic airlines improve their top line and margins.
According to the new billing system, travel agents will have to make payment to airlines within seven days.
Travels to Gulf accounted for 40% of India's international air traffic in 2016.
.jpg)
IndiGo, which has about 550 flights a day, has increased the number of daily flights from Delhi to Hyderabad and Chennai to seven.
A negative net worth implies the company's liabilities are more than its assets
The government is keeping its options open.
Etihad, Emirates and Qatar Airways have combined hired more than 100 Indian pilots in the last six months.
The only two truly successful private airlines in India - Jet Airways and IndiGo - have been set up and run by people who knew the ins and outs of the trade well before they took to the skies.
The decision comes hours after an A320 neo aircraft of IndiGo suffered engine failure mid-air and made an emergency landing at Ahmedabad airport.
Flights from Mumbai and Kerala will also have to transit through these routes due to restrictions
Only a 5-year-old airline with 20 planes is allowed to fly abroad.
Finally the winter sun was streaming through the airplane's window, shining gloriously above the thick, frothy blanket of fog.
Under the new policy, external advice would be sought for related party transactions that are worth over Rs 2 crore and bidding process would be mandatory for any such contract.
InterGlobe Enterprises Ltd on Thursday announced its plans to launch IndiGo, its nation-wide low-cost airline venture.
6EPass coupons mainly for regular flyers who can travel without worrying about ticket price fluctuations
After doing so to Kingfisher Airlines, the Directorate General of Civil Aviation has issued showcause notices to carriers IndiGo and SpiceJet for having allegedly cancelled flights without informing passengers.
Its association with India is over 70 years old and spans both civil and military aviation. The Douglas DC-3 transport aircraft used by the air force beginning the 1940s and the iconic Boeing 747 aircraft flown by Air India, both had Pratt & Whitney (P&W) engines. The Indian Air Force's present-day, heavy-lift C-17 Globemaster III and the yet-to-be-inducted C-295 planes, too, have P&W power plants.
The EGM would discuss deleting various Articles pertaining to transfer and acquisition of the company's shares, including 'Right of First Refusal' and ' Tag Along Right', in the company's Articles of Association.
High airport charges and steep operating cost hurt profitability of Indian airlines in 2013.
According to sector estimates, it takes at least six months to develop a route.
Ghosh, 43, will be reporting to 25-year-old Ritesh Agarwal, who founded OYO with a single hotel in 2013.
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.
CCI's ruling came on a complaint filed by Express Industry Council of India.
The airlines were penalised for 'concerted action in fixing and revising Fuel Surcharge (FSC) for transporting cargo.'
The 30-day visa-free entry is also currently enjoyed by eight ASEAN countries for the purpose of social visits, tourism and business.
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.
Premier no-frills carrier IndiGo on Monday said there is no truth in reports that its competitor Spicejet is acquiring 7.5 per cent stake in it.
Consumption-related stocks, such as hotels, and quick service restaurants (QSRs), have been hitting the ball out of the park ahead. On the other hand, the Miss World Pageant scheduled for later this year in New Delhi, too, could provide some tailwind to these stocks, especially hotels and aviation. However, analysts suggest investors put their best foot forward and buy these counters only on a decline given the recent rally and economic headwinds.
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.
Hopper, short-haul flights lift performance.
© 2026 Rediff.com - Investor Information - Advertise with us - Disclaimer - Privacy Policy - Sitemap - Feedback - About us - Terms of use - Grievances