Eyeing potential business opportunity, Boeing Corporation is planning to approach the proposed Tata-Singapore Airlines.
The airfares are already 15 per cent higher than last season and due to this shortage it will go higher, said Sharat Dhall, COO of Yatra.com.
The number of Indian passengers has jumped more than 20 per cent in the past year
In the season of aviation action, Rakesh Jhunjhunwala-backed Akasa Air has secured the crucial no-objection certificate (NoC) from the civil aviation ministry. It expects to start operations next summer. The airline will now have to apply for the Directorate General of Civil Aviation for operations permit. Aviation sector has been in the limelight with the Tata Group winning the Air India bid last week.
This is an exceptional case of extension beyond the 330-day limit under the insolvency and bankruptcy code.
'In 50 seconds, the pilots were fighting drag, trying relight, throttling up and avoiding obstacles.' 'They had neither height nor speed. There was no margin.'
It would help in saving fuel, reducing CO2 emissions as well as noise levels, according to officials
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IndiGo, which has about 550 flights a day, has increased the number of daily flights from Delhi to Hyderabad and Chennai to seven.
A note about hijackers and a bomb found in the toilet of a Mumbai-Delhi Jet Airways flight.
Most Indian businessmen I speak to place a huge premium on the ability to move now and block the space. It's happening in aviation, the media, commodities and finance, to list a few sectors.
Airline now financially more stable but still in the doldrums as the operating environment remains tough.
The airline has informed its flight attendants that they would be eligible for leave without pay between November 1 and December 20
Jet Airways remains the number one airline serving foreign routes.
Whether this happens because DGCA actually cares about the future of the national carrier or for other motives is not clear.
Indian bankers are fearful that going out of their way to save Jet could lead to subsequent harassment from investigative agencies.
The Abu Dhabi-based airline is busy raising its brand recall, to catch up with Emirates.
Jet Airways (India) Ltd hopes to minimise the impact of a sharp rupee depreciation by growing its international network over the next few months.
The airline will induct four more Dreamliners next year to complete order of 27 of these aircraft
Jet Airways (India) Ltd has defaulted on lease rentals of its Boeing 737s, highlighting the financial difficulties faced by the airline.
From highways connecting once-remote regions to aviation networks carrying millions, India's infrastructure story is one of transformation.
BBAM seeks $100 million, return of 6 Boeing 737s.
The civil aviation ministry appears supportive of SpiceJet because it does not want another airline to fail. The real test now will be the capacity of the airline's chairman, Kalanithi Maran, to raise funds. And he needs to do this quickly.
Else customers will face capacity shortages and high fares.
The DGCA official who wrongly assigned the code of Antonov AN-32 -- an aircraft used by the IAF -- to the SpiceJet aircraft has been suspended, report Arindam Majumder and Aneesh Phadnis.
Airfares in Indian market are unsustainable, says a senior Boeing official.
Ninety years later, BA counts the country as its second-biggest overseas market after the US.
One reason is that airlines have ramped up capacity and expanded their presence in tier-II markets. The first of a three-part series analyses how the aviation industry is an outlier in the midst of an overall economic slowdown.
A senior DGCA official said 23,403 departures per week have been finalised, covering 103 airports, which is 1.2 per cent higher than the 23,117 operated during the previous winter schedule.
Indigo has zero competition on 61.2 per cent of its 838 domestic routes.
Currently, Vistara has more than 22 planes and operates around 850 flights every week.
Currently most of its 119 planes have been taken back by the lessors and many have been leased to other airlines like SpiceJet. The second challenge is that it has to repay banks.
BA parent could order around 20 Airbus A350-1000s.
The watchdog has also asked the airlines to ensure various requirements are complied with by engineering and maintenance personnel with respect to 737 MAX planes.
Besides lining up Bali, Nairobi and Toronto flights, the airline is also planning flights from Mumbai to Hong Kong. The network expansion will help the national carrier grow its market share and capitalise on the capacity vaccum created by the collapse of Jet Airways.
Depending on the fleet size and its age, airlines buy 30-50 per cent of the components that they need, and take the rest on lease. Expenditure on spares and components is a considerable part of engineering and maintenance, which account for over 9-10 per cent of the total operating expense of an airline. For instance, Air India, which has a large and ageing fleet, has to provide $35 million-$40 million for spare parts during any time of the year.
Airline says can't discuss dues publicly, denies grounding of planes
The Indian government allowed foreign airlines to buy up to 49 per cent stakes in Indian carriers in September 2012.
SpiceJet has been most affected by the grounding of 737 Max 8 aircraft as it has 12 of them in its fleet.
According to civil aviation ministry records, there were 340 foreign pilots employed by airlines and charter companies in India as of December 2012. It said the number of foreign pilots in India had reduced from 526 in 2011 to 340.
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