Low cost start-up carrier IndiGo is set to take off in August and the carrier aims to break even within 18 months of its flights being operational.
During the January-July period, passenger growth jumped 21.13 per cent to 455.78 lakh.
Indian airlines flew over 4.5 per cent more passengers in the 11 months of this year compared to the same period last year, with IndiGo retaining its top position in market share.
The flights between Dubai and New Delhi will begin in September and those connecting Mumbai a month later.
Navi Mumbai airport's construction is facing delays, and is likely to commence commercial operations in 2025 instead of 2024, aviation consultancy firm CAPA has said in a report. When asked about this matter, the Adani Group told Business Standard that the Navi Mumbai airport project is "being executed as per scheduled implementation plan and will be operational by the original target date of December, 2024, without any delay". Navi Mumbai International Airport Limited (NMIAL), responsible for both the construction and operation of the airport, is a subsidiary of the Adani Group.
Among the impacted flights, Air India's flight AI 185 from the national capital to Vancouver that was to depart early in the morning was rescheduled.
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.
Sources say the arilines has inducted a senior pilot from IndiGo to head its safety team.
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.
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.
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.
A senior DGCA official said that the flight has been grounded and a detailed probe has been ordered into the matter. All the passengers are safe.
The Indian aviation sector is on the cusp of a change as airlines look to induct a record number of aircraft. This, analysts said, will put the sector on a growth runway, though keeping it viable for only long-term investors. According to Vinit Bolinjkar, head of research at Ventura Securities, expectations of strong air traffic, coupled with low penetration, is the prime reason for a solid long-term outlook.
Low-cost airline IndiGo on Tuesday said it has no plans to take on-board an overseas partner to expand its business.
Last year, air traffic grew by 9.7%.
Ghosh said the Tata Trusts Cancer Care Initiative is one of the largest health care programmes in the world
ir India provided facilities such as refreshments, refunds.
India's third largest carmaker, Tata Engineering and Locomotive, launched a sedan version of its lone car model on Wednesday and priced it below its competitors in a bid to grab market share.
India's aviation industry could return to profitability in 2023-24 for the first time since the pandemic. The industry may pare aggregated net loss by 75-80 per cent year-on-year (YoY) to between Rs 3,500 crore and Rs 4,500 crore in 2022-23 (FY23), compared with Rs 17,500 crore of net losses in 2021-22 (FY22). A combination of recovery in passenger volumes and easing cost pressures due to stable fuel and foreign exchange (forex) costs could spark a turnaround. CRISIL says domestic and international passenger traffic recovered to 90 per cent and 98 per cent, respectively, of pre-pandemic traffic (2019-20, or FY20), in April-December 2022, compared with April-December 2019.
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Due to the tyre burst, the aircraft got stranded on the taxiway, prompting authorities to shut the airport's runway till 4 pm, affecting the services of passenger flights, officials said.
Karnataka skipper Mayank Agarwal on Wednesday said he is on the mend and gearing for comeback after day-long hospitalisation caused by a suspicious liquid he drank on-board a New Delhi-bound flight in Agartala.
Bansals of e-commerce company Flipkart and Aditya Ghosh of low-cost carrier Indigo have made into Fortune's young achievers list for their initiatives in creating job opportunities.
There have been so many cars that have been launched in India and if you are looking to buy one, then it might be quite confusing to pick the right one.
The much-awaited offer is also seen as a test case for revival of big-ticket sales in the primary market.
Private airlines Jet Airways and IndiGo joined the race for low-fares, offering their customers hefty discounts, after Air India rolled out a similar offer to challenge Vistara, the latest full-service entrant in the domestic market.
The lower quarterly profit was mainly due to rise in fuel costs, foreign exchange loss and lower yield
The airline pitches its product and service, keeps silent about price in a new campaign as it looks to win over young business travelers.
When you want to lean into something excitingly stylish, turn to actress Gayatri Bhardwaj for inspiration.
The average fares charged by Jet Airways and its low-cost carrier arm Jet Konnect were higher than the average industry fares on almost all routes, according to a monthly internal analysis for July by the Directorate General of Civil Aviation (DGCA).
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.
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.
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.
'I hope they all survive, but it is a tough world.' 'The carriers who are already established are already struggling.'
Daily flights to Bangkok and Dubai from Mumbai will start from October 2.
Minutes after take-off, a Delhi-bound Indigo flight with a Union minister on board made an emergency landing at the Harni airport in Vadodara on Wednesday after suffering a bird hit.
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.
6EPass coupons mainly for regular flyers who can travel without worrying about ticket price fluctuations
