Budget carriers like Air Deccan, SpiceJet, IndiGo and GoAir are making key appointments, especially in the positions of chief finance officer, chief executive officer, while some airline executives are on their way out.
There could be a fare war in the Indian skies to beat competition from Vistara.
The first to take off will be Air Pegasus, promoted by Bengaluru-based ground-handling firm Deccor Aviation.
Indian carriers transported 12.8 million domestic passengers in March 2023, a year-on-year growth of 21.41 per cent. India's largest carrier IndiGo shored up its domestic market share from 53.8 per cent in Q4 of FY22 to 55.7 per cent in Q4 of FY23, according to the Directorate General of Civil Aviation (DGCA) data released on Monday.
The fare war triggered by the entry of AirAsia into the domestic market continues as the budget carrier IndiGo has launched another round of promotional fares, starting at Rs 1,724 (all inclusive) for a limited period.
Civil aviation ministry to monitor flash sales and discount schemes: Source
The lower quarterly profit was mainly due to rise in fuel costs, foreign exchange loss and lower yield
Analysts question negative net worth because of dividend payout ahead of IPO.
An average Indian couple spends around 2x on weddings versus education (pre-primary to graduation).
New rules will unnecessarily make the airlines responsible for reasons beyond their control
The complaint was lodged by Mumbai-based Express Industry Council of India, which represented major express courier and cargo companies such as DTDC, Aramex India, Blue Dart, DHL Express, GATI and First Flight.
Strong crosswinds and heavy rains with thunder and lightning impacted flight operations from 4.05 pm to 4.51 pm, an airport official said.
Don't threaten a strike, check your business model
After Air India and Jet slashed ticket prices, low-cost carriers respond with 5-20 per cent cuts; likely to spur air travel market's sluggish growth.
Airfares on major domestic routes from Chennai surged as flight operations at the airport were disrupted due to strong winds and torrential rain that lashed the city in the wake of Cyclone Michaung on Monday. According to ixigo data, on December 5, one-way spot airfares from Chennai to cities like Mumbai, New Delhi, Hyderabad, Bengaluru, and Kolkata rose between 52 per cent and 171 per cent compared to prices three to seven days prior. The Chennai-Mumbai route, the busiest flight route from Chennai airport, saw airfares surge 68.6 per cent from Rs 3,728 to Rs 6,286 in the aforementioned period.
Experts said the risks associated with the Indian Experts say that aviation sector would keep investors away from airline stocks.
Here are the world's most courteous, friendly, helpful and efficient airline crews from each continent.
Investment bankers handling the IPO had said marquee global investors made big-ticket applications.
Jet Airways, IndiGo have gained market shares as SpiceJet cancels flights.
Pilots say the initiative is a waste of funds.
Low-cost carrier, IndiGo, has signed a $16-billion deal with Airbus to acquire 180 single-aisle aircraft. The firming-up of the order for 150 A320neo and 30 A320 planes follows the memorandum of understanding the carrier had signed with the European aircraft manufacturer in January.
After being hit by a fuel price hike and capacity cut, it may be happy times again for the airline industry this festive season. While Kingfisher is looking at adding at least 15 new flights in the winter season, competitors Jet Airways, SpiceJet, IndiGo and Paramount are adding over 30 new flights together (arrivals and departures); they will do this through a combination of better utilisation of existing aircraft and inducting new fleet.
Indian airlines are expected to post a consolidated loss of $4.1 billion this fiscal, similar to what they are estimated to have incurred in 2020-21, taking the total losses of two years to around $8 billion as a result of the pandemic so far, aviation consultancy and research firm CAPA said on Thursday. In a report, CAPA expects domestic passenger traffic to be around 80-95 million in 2021-22 as against 52.5 million in the previous financial year. However, despite this growth, it will be well below than around 140 million passenger volumes recorded in 2019-20, CAPA said in the report. This projection of the traffic volume does not take into account the anticipated third wave of the pandemic, it added.
Air India has been a subject of its passengers' ire this week as more than half of its flights have been delayed, primarily because of an old crew rostering system. Due to the existing system, the airline has not been able to handle the disruption created by cyclone 'Biparjoy' on India's western coast. The sudden grounding of two planes also added to the carrier's woes.
Anjuli Bhargava finds out that an astonishing number of relatives of DGCA officials over the years are and have been employed in the airline industry.
IndiGo was the only airline to have reported profits during this period, barring 2011-12 when it made a loss of about Rs 88 crore (Rs 880 million.
The Indian government allowed foreign airlines to buy up to 49 per cent stakes in Indian carriers in September 2012.
A Hindu Mahasabha leader and two other lawyers, who were allegedly in an inebriated state, have been arrested on charges of harassing the crew and passengers of a Chennai-bound flight before it was to take off from Coimbatore on Wednesday night.
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.
The ministry has also asked that the cap of such borrowings is to be set at $500 million (Rs 3,450 crore) for a single company and $1 billion (Rs 6,900 crore) for the entire sector.
Finally the winter sun was streaming through the airplane's window, shining gloriously above the thick, frothy blanket of fog.
IndiGo continues to fly high as the top airline in India while crisis-hit SpiceJet has some good news.
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.
The Air India management has declared the strike illegal and derecognised the union.
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.
With low-visibility conditions significantly disrupting flight operations at the Delhi airport, Civil Aviation Minister Jyotiraditya Scindia on Monday said all stakeholders are working round-the-clock to minimise fog-related impact as well as passenger inconvenience, and asserted that unruly passenger behaviour is unacceptable.
ATF for domestic carriers has become 11.22 per cent cheaper since October and is expected to see more price cuts in the next three months.
