Even if you assume a higher return fare of Rs 40,000, the yield will still be lower than the costs.
Vistara has entered a country that has been sobered down to reality.
Airbus claims the new aircraft is 15 per cent more fuel efficient than the exiting versions of A320
In a bid to cash in on upcoming summer holiday season, low-cost carriers SpiceJet and IndiGo on Tuesday launched the fourth round of price war in the bleeding aviation sector, offering massive discounts on tickets.
Domestic carriers flew 28 per cent more people last month compared to a year ago, as no-frill carrier IndiGo remained the market leader by cornering 28 per cent share.
The airline is gearing up to come out with an initial public offer.
Indian airline Go First is considering legal action against Pratt and Whitney (PW) for failing to provide compensation after March 2020 for planes grounded due to engine supply delays, sources said on Thursday. About 90 per cent of the airline's fleet of aircraft uses PW engines. About 24 of the airline's 55 planes are grounded due to delays in engine supply by PW.
Qatar Airways is keen to buy equity in IndiGo if the Indian carrier offers 49 per cent stake to it, a top official has said as he sought the opening up of the Indian aviation market for established airline companies.
'Our focus is not going to be metro to metro routes.' 'We will begin by focusing on metro to non-metro (routes).' 'Metro to tier-2 cities or tier-3 cities is where there is a lot of space for affordable, efficient carriers.'
Putting the lives of passengers in danger, an IndiGo aircraft flew close to the road running parallel to the Jaipur airport runway in February.
Airlines are now pushing up fares and hopes to improve margins over the next three months to make up for the poor September quarter, even if it leads to a slight fall in their passenger load factor.
Rahul Bhatia and Rakesh Gangwal - the founders of IndiGo - will possibly face each other with deep mistrust, which the board chairman, M Damodaran, will attempt to defuse.
Rising crude oil prices and muted passenger traffic in the July-September quarter (second quarter, or Q2) of 2023-24 (FY24) have raised concerns about the profitability of listed aviation players. These two concerns have caused the stock of InterGlobe Aviation (IndiGo), the largest player in the sector, to slip by 11 per cent since its highs at the end of July. Nuvama Research expects yields to cool down in the near term due to seasonality, rising crude oil prices, and higher capacity.
In a major relief for pilots in dealing with fatigue, aviation watchdog DGCA on Monday came out with revised norms that increase their weekly rest time to 48 hours and limit the number of landings to two during night operations. The Directorate General of Civil Aviation (DGCA) has also extended the night hours for pilots and now, it covers the period from 0000-0600 hours whereas it was 0000-0500 hours earlier. Besides, all airlines have to compulsorily submit quarterly fatigue reports, which "should follow a follow a non-punitive and confidentiality policy".
SpiceJet says tickets in three day sale will be 75 per cent lower than last minute purchase fares.
To fill seats, airlines have resorted to fare wars following the adverse impact on ticket sales, reports Arindam Majumder.
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.
InterGlobe has raised Rs 3,008.5 crore.
During the January-July period, passenger growth jumped 21.13 per cent to 455.78 lakh.
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IndiGo, which has about 550 flights a day, has increased the number of daily flights from Delhi to Hyderabad and Chennai to seven.
According to the new billing system, travel agents will have to make payment to airlines within seven days.
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.
Strong passenger growth will help domestic airlines improve their top line and margins.
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.
InterGlobe Enterprises Ltd on Thursday announced its plans to launch IndiGo, its nation-wide low-cost airline venture.
For Air India and Jet Airways, airspace closure over Pakistan would mean flights to US and Europe will have to take a longer route.
The government is keeping its options open.
A negative net worth implies the company's liabilities are more than its assets
Only a 5-year-old airline with 20 planes is allowed to fly abroad.
India's largest airline has also told its crew members -- who are working on flights connecting India with East Asian countries like Thailand and Singapore -- to wear N95 masks at all times when they are on ground.
Travels to Gulf accounted for 40% of India's international air traffic in 2016.
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.
Flights from Mumbai and Kerala will also have to transit through these routes due to restrictions
Etihad, Emirates and Qatar Airways have combined hired more than 100 Indian pilots in the last six months.
6EPass coupons mainly for regular flyers who can travel without worrying about ticket price fluctuations
High airport charges and steep operating cost hurt profitability of Indian airlines in 2013.
The Tata Group-owned Air India has readied a five-year transformation plan, which is expected to take its domestic market share to 30 per cent, up from 8.4 per cent logged in June. IndiGo leads with a market share of 58.8 per cent. The transformation plan--Vihaan.AI-unveiled on Thursday revolves around tripling the domestic market share with investments in new aircraft, technology and improvements in customer service.
The decision comes hours after an A320 neo aircraft of IndiGo suffered engine failure mid-air and made an emergency landing at Ahmedabad airport.
