Rising crude oil prices and muted passenger traffic in the July-September quarter (second quarter, or Q2) of 2023-24 (FY24) have raised concerns about the profitability of listed aviation players. These two concerns have caused the stock of InterGlobe Aviation (IndiGo), the largest player in the sector, to slip by 11 per cent since its highs at the end of July. Nuvama Research expects yields to cool down in the near term due to seasonality, rising crude oil prices, and higher capacity.
In its apology to Kalam for frisking him at the Indira Gandhi International Airport in a breach of protocol, it said it did not intend to offend the former President or the sentiments of the people of the country.
Air India chief Campbell Wilson on Friday said that a majority of pilots have accepted the new compensation package offered last week, amid protests by Air India pilots' unions against the revised salary structure and service conditions. The loss-making airline, which was taken over from the government by the Tata Group in January 2022, has announced a new compensation package for pilots and cabin crew. In his weekly message to Air India staff on Friday, Campbell said the airline is making investments in workplace technology and training as well as in new and improved employee benefits.
Karnataka Governor Thaawarchand Gehlot was on Thursday denied boarding on an Air India subsidiary AIX Connect flight over alleged 'delay' in reporting.
According to the guidelines, all travellers would need to give an undertaking on the online portal www.newdelhiairport.in that they would undergo mandatory quarantine for 14 days, that is, seven days paid institutional quarantine at their own cost, followed by seven days isolation at home with self-monitoring of health.
India's most modern and 1st greenfield airport was inaugurated at Shamshabad about 30 kilometres from Hyderabad by UPA chairperson Sonia Gandhi on Friday. The Rajiv Gandhi International Airport was developed under a public-private partnership initiative. Spread over 5,400 acres, this joint venture of GMR group has Malaysia airports holdings Berhad (11 per cent), Airports Authority of India (13 per cent) and Andhra Pradesh Government (13 per cen) holding stakes in the project.
Aviation watchdog DGCA has issued a circular to airlines and the Airports Authority of India (AAI) on measures to deal with threats from jamming and spoofing of the Global Navigation Satellite System (GNSS) amid reports of such interference in the Middle East.
The only two truly successful private airlines in India - Jet Airways and IndiGo - have been set up and run by people who knew the ins and outs of the trade well before they took to the skies.
Full service carrier Vistara will continue to expand and expects to have a total of 70 planes by mid-2024, its chief Vinod Kannan said on Tuesday. The airline, a joint venture between Tata Sons and Singapore Airlines, reported an operating profit for the first time since inception in the three months ended December 2022. By the middle of next year, Kannan said it will have a total of 70 aircraft, including 7 Boeing 787s.
The move is expected to give a major relief to Air India, which suffered a huge financial loss of around Rs 491 crore.
A nine-day Kashmir trip ended on a sour note for the Shah family of Ahmedabad with an unscheduled diversion and an expensive road ride back home. The Shahs were among hundreds of passengers whose travel plans went awry with Go First suspending all flights till Friday. "We were supposed to travel from Srinagar to Ahmedabad via Mumbai on Tuesday.
Malaysia Airlines, the operator of Flight MH370 that went missing en route from Kuala Lumpur to Beijing on Saturday, has established a record as one of the Asia-Pacific's best full-service carriers in terms of safety and service.
No-frills carrier IndiGo Airlines on Friday said it will increase frequencies on the domestic and international routes this summer as it adds nine aircraft to its fleet by the year end.
With carriers such as Jet Airways and Kingfisher Airlines all set to battle it out on international routes, leading expatriates with years of experience in global airlines are now being wooed for top management posts.
19 per cent of all travel in India (by bus, train or air) was pilgrimage or religious travel (possibly the single largest after business and family-related travel), discovers Ambi Parameswaran.
The issue had come up during a presentation by the Civil Aviation Ministry.
SpiceJet is the first Indian airline to operate on Kathmandu-Bagdogra route.
The Mumbai International Airport (MIAL) has threatened preventing Kingfisher Airlines from operating from May 14 if the cash-strapped carrier does not clear the dues towards airport charges or at least opt for a cash-n-carry mode.
A major mishap was averted on Wednesday when the wingtips of two aircraft -- one of them taxiing and the other on the verge of takeoff -- touched each other at the Mumbai's Chhatrapati Shivaji International Airport in Mumbai.
India 's airline sector is expected to report losses of $1bn for the year ended last month - double that of a year earlier, according to the head of one of the country's biggest airlines. Naresh Goyal, founder and chairman of Jet Airways, said he expected high costs and fierce price wars to prompt more consolidation in the industry and Jet was ready to seize the opportunity to acquire rivals in India and overseas.
The Directorate General of Civil Aviation has sought a report of the incident from the airline.
International and Indian airlines are refusing to refund cash and giving credit that can be used later.
'A passenger on our flight AI130, operating London-Mumbai on March 10, was found smoking in the lavatory. Subsequently he behaved in an unruly and aggressive manner, despite repeated warnings,' Air India said.
The Supreme Court has chided the airline companies for frequent loss of passengers' baggage and upheld a Rs 9.3 lakh penalty imposed on international carrier Royal Jordanian Airlines for misplacing a couple's baggage.
Kingfisher Airlines Executive Vice-President Hitesh Patel said Kingfisher was interested in flying Gulf and south-eastern destinations, if the government permitted.
The centre eyes airport-specific digital solution and ties up with start-ups to solve problem unique to BIAL
The Directorate General of Civil Aviation (DGCA) on Tuesday suspended Air India's Boeing simulator facility in Mumbai after finding certain alleged lapses during a spot check, a DGCA official said. The pilots, who were scheduled to undergo refresher courses at the Mumbai facility, will now not be able to do so.
Global equity companies have no plans to put their money in the Indian aviation industry even though the carriers are seeking $2.5 billion in cash for expansion. Most players are looking at investing in into large established airlines, but right now are in the wait and watch mode. It will therefore be difficult for low-cost carriers to get funding. The losses of the Indian aviation sector and high valuation expectations are the reasons why investors are not interested.
More than 60 people from Gujarat on board the Nicaragua-bound plane, which was sent back from France over suspected human trafficking, had agreed to pay Rs 60 lakh to Rs 80 lakh to immigration agents, who promised to cross into the US illegally after reaching the Latin American country, officials said.
To fill seats, airlines have resorted to fare wars following the adverse impact on ticket sales, reports Arindam Majumder.
The former beat Air India while the latter got the better of Bharat Petroleum in the semi-finals of the Shastri hockey tournament.\n\n
The new flights come against the backdrop of the Indian government's move to boost air connectivity with Central Asia and tap the interest of Russian investors in India.
It will start its operations through an arrangement with Singapore Airlines.
Tata Group-owned Air India CEO Campbell Wilson on Saturday apologised for a flyer urinating on a fellow female passenger on a flight from New York in November, and said four cabin crew and a pilot have been de-rostered and the airline is reviewing policy of serving alcohol on flights.
rediffGURU Dr Vivek Mahajan, interventional cardiologist at Fortis Hospital, Kalyan, explains how young Indians can correct their lifestyle in order to protect themselves from sudden and unexpected cardiac arrests.
The future certainly looks good for Bangalore.
Case is related to payment of user development and passenger service fee.
