By cutting international flights, Indian firms forefeit market share.
'In the inspections, no issues were found with the said locking mechanism.'
Low fare air tickets and Air Deccan were synonymous for a while before the low cost bug bit the other airlines in India. Then the low cost carrier decided to not just offer low fares, but also went on to add destinations to the aviation map.
In a market driven by low fares, premium air carriers may have a tough time.
Airline posted a consolidated loss of Rs. 128 crore in the first quarter of 2011-12.
Jet Airways announced the launch of a new all-economy, no-frills service called Jet Airways Konnect starting May 8.
Saudi Arabia's steep cut in LPG benchmark prices has pushed India's household LPG underrecoveries to their lowest level in over two years, slashing oil companies' losses from Rs 200-250 per cylinder last year to about Rs 20-40 now.
Shivaz Rai, owner of a travel agency in Delhi, spent Rs 48,000 on low-cost carrier Air Deccan's Superflier scheme offering coupons for 12 flights to any destination.
Over the past eight months, a team of 80 people has been diligently working to harmonise operating procedures across four airlines run by the Tata group, as part of two mergers, revealed Campbell Wilson, Air India's chief executive officer (CEO), on Friday. The Tata group is consolidating its aviation business by merging four airlines into two: Air India and Vistara are merging to form a single full-service carrier, while AIX Connect and Air India Express are combining to create a unified low-cost carrier (as a subsidiary of Air India).
Despite adequate capacity, the India-Gulf market has been growing at a steady pace. Traffic from India to the Gulf increased by 30 per cent last year, while international traffic growth average was 15 per cent.
Tata Group-owned AirAsia India, which is in the process of being merged with Air India Express, has taken short-term loans worth Rs 630 crore during the last six months to deal with cash crunch. AirAsia India has been making losses since its first commercial flight on June 12, 2014. Its net loss increased by 42 per cent to Rs 2,178 crore in FY22.
'This (crash) is one of those times where there is no concrete explanation yet for what happened. I think that adds to my parents' worry.'
Low-cost carrier Deccan Aviation is considering rationalisation of some of its routes as a cost-cutting measure in the backdrop of a hike in aviation turbine fuel (ATF) prices, a top company official said.
Ajit Singh says will seek cabinet nod to scrap 5-year, 20 aircraft rule.
Low-cost carrier SpiceJet on Wednesday announced lower fares starting from Rs 1,430, inclusive of all taxes and charges, across its network.The offer is valid for tickets purchased on its website from June 10-12 for travel between July 1 and September 15, the carrier said in a statement.
Will Jet Airways benefit by shutting its low-cost carrier in a highly price-conscious market?
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The company wants to put Android handset in every hand.
With this extra buck in it kitty, will Air Deccan be able to expand its fleet and revamp its services?
India has recorded the second-highest increase in domestic airfares in the Asia-Pacific (APAC) and West Asian regions, climbing by 43 per cent in the first half of 2024 compared to pre-pandemic levels in 2019, second only to Vietnam (63 per cent). India ranks third in fare increases during the same period in international skies, behind the United Arab Emirates (UAE) and Malaysia. The airfare study conducted by Airports Council International (ACI), which represents 617 airports in this region, was done in partnership with Flare Aviation Consulting.
What is pretty clear is that Indian carriers will not allow AirAsia to win the tariff game - its USP.
IndiGo passengers, according to travel agents, would be given the option of pre-booking the services on the internet, or just walking into the lounge with their boarding passes, to avail of the facility.
This festive season, Indian homes are mixing global luxury with personal touches using heirloom fabrics, handmade decor, and nostalgic menus to create celebrations that feel both grand and intimate.
Tata Sons has started the process of due diligence of state-owned Air India and its subsidiary Air India Express. Sources said the group has appointed Bain and Company and Seabury Group for this purpose. Once complete, a financial bid will be submitted and a deal to take over the airline is likely to fructify by end of this year or even earlier, people involved in the process said. Simultaneously, the group has brought in veterans in the aviation business from Delta and United Airlines to prepare a plan for post-merger integration of Air India with its existing airline ventures. Tata Sons operates Vistara - a 51:49 percent joint venture with Singapore Airlines and Air Asia India, in which Tatas hold 83.67 per cent stakes.
... with a maximum speed of 200 megabits per second (mbps) across the country for Rs 3,000 per month.
The decision to close down Kingfisher Red was announced by airline group chief Vijay Mallya yesterday who said this was being done 'because we don't intend to compete in the low-cost segment'.
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).
Just over a three-hour flight from Delhi, Kazakhstan, Uzbekistan, Azerbaijan and Georgia have seen a big jump in visitors.
'Just look at China: They have five or six major airlines and some smaller ones.'
Aircraft supply to airlines will remain constrained during the next four to five years due to the supply chain issues being faced by plane makers Airbus and Boeing and there is not much that carriers can do beyond optimising their flight network expansion, Air India CEO and MD Campbell Wilson said on Tuesday.
Leading low-cost carrier IndiGo has received the government's permission to buy 150 aircraft in the next 2-3 years, a senior company official said.
Falling demand compels domestic carriers to slash capacity by 10 per cent.
Low-cost carriers (LCCs) like Air Asia and Ryan Air are among the best because they are frugal, have flexibility in operations and certain standardisation of aircraft and operations.
From croissants to Galouti kebabs and Medu vada, Indian carriers, both low-cost and full-service, are revising their in-flight menus to offer passengers a differentiated fare as competition is heating up amid the boom in air travel with the waning of Covid-19. On Monday, Air India, which was taken over by the Tata Group on January 27, unveiled its new domestic in-flight menu comprising gourmet meals, new appetizers, desserts, and local dishes. Air India's economy class passengers would now be served dishes such as Mushroom cheese omelette, Dry jeera aloo wedges, and Garlic tossed spinach and corn for breakfast, and Vegetable biryani, Malabar chicken curry, and mixed vegetable poriyal for lunch.
IndiGo will introduce business class seats in select flights on 12 domestic routes starting from November 14 and also launch a customer loyalty programme, as the 18-year-old airline seeks to expand business and strengthen global presence. The announcements, made at an event in the national capital on Monday to mark 18 years of operations, also highlights a pivotal trajectory for the airline.
The Air India management has declared the strike illegal and derecognised the union.
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