Tata Group-owned Air India, under its new chief executive officer and managing director Campbell Wilson, is optimising its domestic strategy under which the carrier is "densifying" its presence on metro-to-metro routes and exiting from unviable ones, Business Standard has learnt. Wilson took charge on July 25. Air India has increased its flights on metro-to-metro routes such as Delhi-Mumbai, Delhi-Bengaluru, Mumbai-Chennai, Mumbai-Bengaluru, and Hyderabad-Mumbai between June and November this year.
The government is keeping its options open.
A negative net worth implies the company's liabilities are more than its assets
InterGlobe Enterprises Ltd on Thursday announced its plans to launch IndiGo, its nation-wide low-cost airline venture.
Only a 5-year-old airline with 20 planes is allowed to fly abroad.
Travels to Gulf accounted for 40% of India's international air traffic in 2016.
Etihad, Emirates and Qatar Airways have combined hired more than 100 Indian pilots in the last six months.
Flights from Mumbai and Kerala will also have to transit through these routes due to restrictions
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.
6EPass coupons mainly for regular flyers who can travel without worrying about ticket price fluctuations
'This trend will continue as long as the bull run continues.'
The decision comes hours after an A320 neo aircraft of IndiGo suffered engine failure mid-air and made an emergency landing at Ahmedabad airport.
High airport charges and steep operating cost hurt profitability of Indian airlines in 2013.
InterGlobe Aviation, the parent of the country's largest airline IndiGo, will convene a shareholders' meeting on December 30 to amend the company's Articles of Association (AoA) following a joint request from its promoters. The promoters -- Rahul Bhatia and Rakesh Gangwal -- together with their related entities and individuals own 77.4 per cent stake in InterGlobe Aviation. In a regulatory filing on Monday, the company said it will convene an Extraordinary General Meeting (EGM) on December 30 to amend the AoA to remove restrictions on transfer of shares by the promoters.
Akasa Air's plane occupancy, or load factor, improved the most among all major carriers in April compared to the last month. Load factor signifies the percentage of seats that the airline has been able to fill in its planes. The Vinay Dube-led carrier, which started commercial flights in August last year, saw its load factor jump by more than 11 per cent in April, according to the Ministry of Civil Aviation's data
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.
According to sector estimates, it takes at least six months to develop a route.
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.
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.
Hopper, short-haul flights lift performance.
CCI's ruling came on a complaint filed by Express Industry Council of India.
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.
The government on Tuesday said the major private domestic airlines owed over Rs 274 crore (Rs 2.74 billion) to the Airports Authority of India for availing its services.
The airlines were penalised for 'concerted action in fixing and revising Fuel Surcharge (FSC) for transporting cargo.'
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.
Costlier fuel, fall in yields make things increasingly tough; analysts say focus on ending red ink a must.
The airline is currently conducting the exercise to have 30-50 pilots and 50 cabin crew on board in the next few days. It became the third largest carrier by flying 4,41,000 passengers in November with a market share of 14.7 per cent.
Would all the planes standing around in the floodwaters able to fly out this weekend, if the waters recede? Or would they need to go for a health check-up?
Ghosh, 43, will be reporting to 25-year-old Ritesh Agarwal, who founded OYO with a single hotel in 2013.
The airline would be operating these flights with the newly acquired Airbus A320 aircraft.
Aviation regulator DGCA is likely to take a call shortly on allowing domestic airlines to charge for check-in baggage while providing incentives for passengers who travel light.
Low-cost positioning is passe. Brand experts suggest ways in which the airline can differentiate itself in the minds of customers.
Refuting all the allegations, IOC has clarified that no monopolistic situation exists in supply and pricing of aviation turbine fuel (ATF) to airlines.
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.
The police has registered an FIR and would look at who was at fault.
At a meeting with airline chief executive officers and top officials here, the Civil Aviation Ministry also decided to amend Aircraft Act and Rules to safeguard the interests of aircraft leasing companies, many of which have started imposing stringent conditions for leasing planes to Indian carriers in the aftermath of Kingfisher Airlines shutting down.
19 per cent of all travel in India (by bus, train or air) was pilgrimage or religious travel (possibly the single largest after business and family-related travel), discovers Ambi Parameswaran.
