Airlines have to deal with high operating costs - fuel, taxation, airport charges - in a very competitive environment.
The week is being termed as a 'black week' for the aviation industry.
Chief of Air Staff Air Chief Marshal VR Chaudhari and Air Marshal Manvendra Singh who headed the tri-service investigation into the crash apprised Defence Minister Rajnath Singh on the findings of the probe on Wednesday.
Fuelled by rising passenger traffic and reviving local economies, the global airline industry is projected to record a net profit of $9.8 billion this year, IATA Director General Willie Walsh said on Monday and also made a strong pitch for having global standards for a Sustainable Aviation Fuel (SAF) book and claim system to help reduce carbon emissions. While addressing the Annual General Meeting of the International Air Transport Association (IATA) here, Walsh also flagged concerns about supply chain issues that are raising costs as well as limiting the ability of airlines to deploy aircraft. He also pointed out that decarbonising aviation is a serious issue and governments must not be allowed to use it to shore up exchequer finances.
With respect to the cancelled flights, customers can opt for a full refund or alternative travel dates free of cost.
Rising fuel prices, intense competition and inability to pass on spiralling expenses have been negatively impacting the domestic airlines.
After 18 months of closure, what really could be salvaged? And the answer sadly is, precious little, Patience, perseverance and plenty of moolah is the way forward even assuming intent is in place, says Anjuli Bhargava.
International airlines are offering affected passengers an option of refund, vouchers, discounts on future bookings, and the opportunity to hold tickets for up to two years following travel bans.
Aviation is a juicy target. It's a 24x7 industry, which cannot afford delays or loss of customer credibility.
Gen Sharma served as the Army chief from 1988-1990 and was a colonel when he took part in the 1971 war.
Adani group on Tuesday said it has taken over the management of Mumbai International airport from the GVK group. The group last August had announced that it would acquire GVK Group's stake in Mumbai airport. Adani group will have 74 per cent stake in Mumbai's Chhatrapati Shivaji Maharaj International Airport, post the stake purchase transaction, with 50.5 per cent being bought from GVK group and 23.5 per cent from minority partners including Airports Company South Africa (ACSA), and Bidvest Group, it had said.
The Indian aviation market's recovery has been significantly impacted by caps on fare and capacity that has been placed by the government since May last year, said Willie Walsh, the director general of global airlines body IATA, on Tuesday. When India resumed the scheduled domestic flights on May 25 last year after a two-month break in view of COVID-19 lockdown, it had allowed the carriers to operate not more than 33 per cent of their pre-Covid domestic services. This capacity cap has been gradually increased and it now stands at 65 per cent.
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.
Jet will, however, continue to pay the sale-linked productivity bonus to them.
In December 2010, the price of the fuel in Delhi was Rs 45,240 a kilolitre.
Prices of tickets booked three days prior have soared 70% over last summer's fares
The national carrier's capacity is expected to grow by 9.2 per cent with the addition of six more Boeing 787 Dreamliners to the fleet, they said. As of February this year, the airline has 13 Dreamliners in its fleet out of a total order of 27.
UK citizens are at par with those from Finland and Sweden for visa-free access.
Mahmud went to Dhaka's Hazrat Shahjalal International Airport to "catch a flight en route to Delhi," an Airport Aviation Security official was quoted as saying by the Dhaka Tribune newspaper.
The Indian government's decision in 2012 to allow foreign direct investment in civil-aviation sector up to 49 per cent has enthused new airlines to launch their operations and capitalise on country's 1.2 billion population, a pre-statement to the Global Aerospace Summit said.
AirAsia says deal not violative of shareholder agreement.
Like Air India, there have been recent cyber attacks on some major airlines, including one in Canada, and a global airlines alliance
The firm, udChalo, is a portal founded by the wards of Army men and it provides for personal travel needs of armed forces, paramilitary forces and their family members.
Frequent flight cancellations and the Airports Authority of India's decision to put SpiceJet on a cash-and-carry mode have made online travel agencies nervous.
"Unless he tenders an unconditional apology to AI employees, and undertakes in writing to abide by the Chicago and Tokyo Conventions & Rules of the Air and follow all cabin safety and public behaviour norms, we must not let him on board," says the letter.
The sudden massive cancellations of Jet have put travel agents and customers in jeopardy
The employees associated with various unions of AAI have formed a joint forum and started the three-day-long strike in front of the Civil Aviation Ministry at Rajiv Gandhi Bhawan here and at AAI offices across the country.
Cox & Kings had a total debt of Rs 3,238 crore at end of FY19 and this included both short-term and long-term loans.
Malaysia on Friday defended the flight path taken by the crashed Malaysia Airlines Flight MH17, confirming that the plane's systems were functioning normally before it was shot down by a missile over Ukraine killing all 298 people on board.
It is Air India's only profitable subsidiary. In 2016-17, it clocked a profit of over Rs 33.4 crore, earning Rs 620 crore in revenues from its handling operations.
With passengers flying Indian skies getting more and more unruly, day by day, airlines are forced to stock rope and handcuffs on board and use them as they did the other day on a Dubai-Delhi flight.
'The government used to give subsidy to reduce loss of Air India'
In India currently, Air India, Jet Airways and its subsidiary JetLite are members of the IOSA and conform to the safety standards set by this audit on a regular basis.
IndiGo had last week offloaded 70 passengers from a Raipur -bound flight from Hyderabad alleging "unruly behaviour".
Volumes are up over 20 per cent y-o-y in January-April.
This is the first time domestic players have announced steep cuts.
Lessor market sources said with the fuel prices remaining high, IndiGo would get better rates for the fuel-efficient A320neos.
In a circular, the DGCA said, "Crew should be well aware of the aircraft limitations and of takeoff/landing performance calculations during the adverse weather operations." The regulator also said that the airlines must "make available sufficiently experienced crew in the cockpit".
'What's sad today is that there are so many people who cannot find work, not because the country is devoid of that opportunity, but because we are not doing enough in the country.'
'The pay cuts have been very tough on those with entire families to support.'
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