IndiGo, India's largest airline, has announced the appointment of William Walsh, former British Airways chief and current Director General of IATA, as its new CEO, effective no later than August 3.
Under the proposal, if a foreign carrier does not operate flights to a particular Indian airport for 'four consecutive IATA seasons', the regulator may suspend that airport authorisation.
In recent times, there have also been instances of GPS spoofing and interference incidents at Delhi, Mumbai, Kolkata, Amritsar, Hyderabad, Bangalore and Chennai airports.
Restricting air access to foreign carriers by not granting them more bilateral rights is akin to shooting yourself in the foot, as air transport is a wealth multiplier for India's economy, Emirates President Tim Clark said during a press conference held on the sidelines of the annual general meeting of the International Air Transport Association.
International passenger traffic has grown by 5.9 per cent in the first quarter of this year, reflecting "strong economic prospects" in India and China, the International Air Transport Association.
The International Air Transport Association (IATA) has termed the service tax charged on air tickets by the Indian government as illegal according to the Chicago Convention.
Despite the bullishness associated with India, IATA has flagged taxation and fuel charges as key areas of concern for the aviation industry in the subcontinent, which is among the fastest growing in the world.
'AAIB preliminary report was more detailed than most people were expecting.'
The launch saw plane seats displayed on a huge stage. Those seats 'are considered the world's most revolutionary and most luxurious airline seats -- designed exclusively for Jet Airways,' it was claimed.
The 'rescue' operation occurred within kilometres of Iran's underground tunnel complex at Isfahan, assessed by the IAEA and US intelligence as holding a substantial portion of the country's 60 per cent enriched uranium stockpile. Retired senior US military officers have highlighted that the mission's footprint -- hundreds of special operators, multiple heavy-lift aircraft deep inside Iran -- appears outsized for recovering a single airman. Prem Panicker continues his must read blog on the Iran War.
In 100 days from Friday, paper air tickets would be history as airlines across the world move to 100 per cent e-ticketing from June 1, 2008, a target many in the travel world initially thought would be difficult to meet.
In a letter to US Homeland security secretary Janet Napolitano, IATA's director general Giovanni Bisignani said 'the air transport system cannot support 100 per cent pat-down searches over the long term' even though short-term temporary and extra-ordinary security measures were needed until the immediate threat had abated.
Following a significant power outage, operations at the London Heathrow (LHR) have been suspended till 2359 hours (local time) on March 21 (05.30 am March 22, IST).
Tony Tyler, director general and chief executive officer of the International Air Transport Association, a global industry trade body, says the European Union-Emission Trading Scheme is a regional programme, which cannot be imposed on the rest of ther world.
Painting a gloomy picture, the International Air Transport Association (IATA) on Friday said the Indian aviation industry is estimated to suffer a collective loss of $1.5 billion in 2009, with Air India accounting for most of it.
The airline industry will suffer a $2.5bn net loss next year despite the big fall in the oil price, as carriers are overtaken by falling demand for air travel amid the deepening recession in several leading economies.
Security can only be guaranteed by making a risk assessment of people before they are even board an aircraft, The Telegraph quoted Giovanni Bisignani, director general of the International Air Transport Association, as saying.
Air India has ordered 470 aircraft to serve the Indian economy and is set to receive a new aircraft every six days over the next 18 months, CEO and MD Campbell Wilson said on Friday. He was speaking at the 67th Assembly of Presidents of the Association of Asia Pacific Airlines here. "We have new aircraft, we are recruiting many, many new crew and staff, improving the training regime and there is more work to do and we are making good progress," he said.
The government has decided to restart scheduled international flight services from March 27 after a two years hiatus due to COVID-19, according to civil aviation ministry officials.
A new rule has been drafted by aviation regulator Directorate General of Civil Aviation formally empowering the pilot-in-command of all flights to take suitable action to prevent such commotion which could endanger safety of the flight or passengers or crew members.
The GST rate is 5 per cent and 12 per cent on economy and business class tickets, respectively
The Goods and Services Tax (GST) Council, scheduled to meet on June 22, could take a call on ending uncertainty on taxing foreign airlines and shippers as regards certain services, a senior official in the know told Business Standard. He said the Council was expected to decide on exempting the services in question from GST - aircraft lease rentals, maintenance, crew salaries, etc. These services are provided by foreign airlines to their Indian operations.
The airlines' losses globally are expected to be down from $52 billion in 2021 to $9.7 billion this year and industry-wide profit should be on the horizon in 2023, Director General of IATA Willie Walsh said in Doha on Monday. International Air Transport Association (IATA) represents some 290 airlines comprising 83 per cent of global air traffic. Walsh, in his inaugural speech at the 78th annual general meeting of IATA here, said that while the outlook for airlines globally is positive, the business environment remains challenging.
The most significant growth was recorded by carriers in the Asia-Pacific and West Asian regions at 5.9 per cent and 12.9 per cent respectively. Carriers in these regions captured the vast majority of the global increase (93 per cent).
An inquiry has been initiated by Directorate General of Central Excise Intelligence officials against these airlines.
West Asian carriers are up against Air India and IndiGo in the battle for seats on lucrative international routes.
The week is being termed as a 'black week' for the aviation industry.
On the international air traffic front, Asia-Pacific airlines recorded an increase in demand of 5.5 per cent compared to November 2012.
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Domestic capacity across the eight global markets climbed 6.5 per cent while the seat factor grew by 0.8 percentage points to 83.6 per cent during this period, IATA said.
The airline industry is projected to register a net profit of $25.7 billion in 2024 as more normal growth is expected in both passenger and cargo segments, global grouping IATA said on Wednesday. For 2023, the net profit is estimated at $23.3 billion, significantly higher than the $9.8 billion projected by the International Air Transport Association (IATA) in June this year. IATA has more than 300 airlines as members.
Cash-strapped Air India should be run by professionals even if the government partially off-loads its stake to investors to keep it off-the-ground, a top global aviation professional has said.
Given all the risks in the world today, including the political instability, economic uncertainty, public health emergence and terrorism, there is not much buffer to absorb a significant change for the worse in the operating environment
High taxes on the jet fuel, which goes up as high as 40 per cent in some states, coupled with higher airport charges in the form of user development and airport development fee, which have cascading effect on the air fares, have had a negative impact on the domestic passenger demand in India.
Flight cancellations and subsequent grounding of Jet Airways adversely impacted seat capacity in the domestic market which also resulted in fares going up.
Apart from India, only two other countries - Russia (15.5 per cent) and China (14.9 per cent) clocked double digit growth in November
Rising fuel prices, intense competition and inability to pass on spiralling expenses have been negatively impacting the domestic airlines.
Pakistan military spokesperson Lieutenant General Ahmad Sharif Chaudhry told a hurriedly called press conference in Islamabad at around 4 am that th Pakistan air force's Nur Khan (Chaklala, Rawalpindi), Murid (Chakwal) and Rafiqui (Shorkot in Jhang district) airbases were targeted.
The airline will fly the A320s between the Tier-II and Tier-III cities.
In India, domestic airlines have not secured any relief from the government and are reporting 50-55 per cent loads as domestic air travel resumed on May 25 after two-month suspension.
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