Domestic budget carriers SpiceJet, Indigo and GoAir have rolled out another sale offer with fares starting from Rs 1,699 for a limited period on domestic routes.
Tata Group-owned AirAsia India, which is in the process of being merged with Air India Express, has taken short-term loans worth Rs 630 crore during the last six months to deal with cash crunch. AirAsia India has been making losses since its first commercial flight on June 12, 2014. Its net loss increased by 42 per cent to Rs 2,178 crore in FY22.
In the single-largest aircraft deal in global aviation history, no-frills carrier IndiGo will acquire 180 A-320s worth an estimated $15.6 billion from European plane manufacturer Airbus.
The coronavirus outbreak began in Wuhan, capital of China's Hubei province, in December and has now spread across the globe. The Chinese authorities are trying to contain the epidemic while other countries, including India, are working on plans to evacuate their citizens from Wuhan and other cities in Hubei province, the epicentre of the outbreak.
Scheduled international passenger flights have remained suspended since March 23, 2020 in the wake of the pandemic and they will now restart from Sunday.
Else customers will face capacity shortages and high fares.
Jet Airways remains the number one airline serving foreign routes.
Vistara, an airline in which Tata Sons owns 51 per cent stake, is one of those which wants a relaxation in rules, saying these are important for the country's economic growth.
Domestic air traffic grew by over 14 per cent in September, with 11 Indian carriers together flying a total of 66.66 lakh passengers during the month.
Capa lauded govt's efforts in rescuing SpiceJet.
The feud between Gangwal and Bhatia came into the public after the former, in July, wrote to markets regulator Sebi seeking its intervention to address alleged corporate governance lapses at the company.
The sooner the airlines get their act together, the better.
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One of the lawyers representing the two Youth Congress workers confirmed that the court of judicial first class magistrate in Thiruvananthapuram directed the Valiyathura police to register an FIR.
Stressful work schedules and limited growth opportunities are taking a toll on a large number of senior professionals in airlines.
The airline said it has filed a police complaint about the incident, but did not specify when the 30-day ban came into effect.
Sundays are generally quiet days for air travel, but this Sunday was a tad different. There was quite an excitement at Gate 28 of Mumbai airport's Terminal 1 as Akasa Air, India's newest airline, prepared to take to the skies on Day 1. With a new fuel-efficient Boeing 737 Max aircraft and soft cushioned seats equipped with USB ports, Akasa Air hopes to bring freshness to the flying experience.
The largest domestic carrier IndiGo is set to renew the insurance cover for its fleet this month, Air India and budget airline GoAir's insurance renewal is due for October, while that of Jet Airways is due in next January.
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British Airways, Lufthansa, Etihad and Singapore Airlines are scouting for an Indian partner that meets the net worth criterion
Air travel penetration in India remains small in global terms, with 0.04 annual trips per capita against 0.3 in China and more than two in the United States.
The main road that leads from Sitapur Road side to the airport has been decked up with several posters carrying images of Prime Minister Modi, and a welcome message.
Agra, Shimla, Nanded, Kanpur and Jamshedpur are among the many airports that would see connectivity under Udan.
The new low-cost carrier, IndiGo, which placed India's biggest orders for 100 Airbus aircraft at the Paris Air Show last year, will start operations in July-August with its own aeroplanes.
The practice of charging for such facilities was launched in 2008.
Taking a cue from price war in the domestic sector, two foreign carriers - Emirates and Air Asia - have cut fares for Indian travellers so as to beat the March quarter blues.
Corporate margins and profits in India remain vulnerable to changes in crude oil prices in the international market. Historical quarterly data from listed companies (excluding banks, finance and insurance, oil and gas, and power sectors) indicate an adverse correlation between corporate margins and crude oil prices.
Let Air India - that anyway flies very limited international routes, often bleeding profusely and makes huge losses on trunk routes - do this national service, says Anjuli Bhargava.
'Building a whole product with the railways was challenging; we had to figure out how to load and unload a train when it stops for only about five minutes at a station.' 'We also helped them understand the revenues this would generate for them.'
Move comes in view of big debt overhang in two sectors; companies unwilling.
Move comes in view of big debt overhang in two sectors; companies unwilling.
The police said the woman works as a pilot with a private airline while her husband is deployed with the ground staff in another private airline.
Rakesh Gangwal's holding is considered FDI even though the majority stake in Caelum is held by NRIs
The order, valued at 'nearly $9 billion at list prices', was signed at Dubai Air Show 2021 on Tuesday.
Jet Airways will operate flights with female cabin crew members in its start-up phase and hire male cabin crew members once it reaches a certain operational scale, the airline said on Sunday. It will be following the footsteps of Vistara, which had started hiring male cabin crew in March 2018, approximately three years after it was launched. Jet Airways, which has not flown since April 17, 2019, is currently in the process of re-launching operations under its new promoters Jalan-Kalrock Consortium. Aviation veteran Sanjiv Kapoor took charge as the chief executive officer of the airline on April 4.
In his petition, Kamra said he was banned by IndiGo for a six-month period before its internal committee even arrived at a decision while other airlines -- Air India, Spicejet and GoAir -- imposed an indefinite ban on him.
When the Tatas re-boarded Air India on January 27 last year, the price of aviation turbine fuel was at over Rs 80,000 per kilolitre. Rupee was trading at around Rs 74 to a US dollar. The Omicron variant of Covid-19 was in prevalence - barely a week earlier, India had reported over 340,000 cases on a single day. Seven-day home quarantine of international travellers was the norm.
The aviation regulator is investigating the incidents and both planes, with Pratt and Whitney engines, will fly only when cleared by it, the officials said.
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