Jet is the largest player in the Mumbai airport, with over 110 domestic slots and 30 international slots from the city.
Vistara and AirAsia India have been lobbying for the relaxation of this rule.
The company is offering a million tickets at 25% discount, valid for travel between June 15-October 15
Aviation turbine fuel accounts for 35-40 per cent of the total operating cost of an Indian airline.
On a busy corporate route like Delhi-Mumbai, hand luggage fare can be cheaper by at least Rs 500-Rs 800.
The sale launched on Tuesday will be open till October 29.
The issue of fog and low visibility primarily impacts airports in northern India and Bengaluru.
Among the Indian carriers, Air India, Air India Express, IndiGo, and SpiceJet operate flights to Saudi Arabia while Saudi Arabian Airlines and Flynas are the two carriers operating in India.
Ajit Mishra, vice president, Research, Religare Broking, answers your queries.
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.
The booking for tickets under the will start from Thursday and would continue till March 1.
Executives of Indian airlines said that the drop is primarily for flights to major metro cities like Delhi, Mumbai, Hyderabad, Bangalore, which are the prime revenue generators on the domestic front.
Over 70 per cent of Jet's fleet has been grounded, leading to massive cancellations.
Tottenham Hotspur took a large bite out of Leicester City's Premier League lead with two goals apiece from Harry Kane and Dele Alli earning them a 4-0 victory at Stoke City on Monday.
At the recently concluded Dubai airshow, Akasa, Rakesh Radheyshyam Jhunjhunwala's new airline, signed a $9 billion deal with American aircraft maker Boeing to buy its 737 MAX planes and a $4 billion one for engines with CFM, a joint venture between GE of the US and Safran of France. Unlike his financial doppelganger Warren Buffett, who divested billions from his airline stock portfolio at the start of the pandemic, Jhunjhunwala is wagering his billions in a brand new airline. The legendary investor bought a roughly 40 per cent stake in SNV Aviation in September, Akasa's holding company, started in March by three former Jet Airways colleagues. With aviation still to recover from its pandemic slump, the big question around his foray into domestic aviation, due to take off in summer 2022, is whether it is another pie in the sky.
Over 50 per cent of all traffic to Jeddah consists pilgrims headed to Mecca and Medina.
'The gold medal that slipped out of my hand at the Rome Olympics must come to us.'
The response to the sale has been overwhelming.
The move is expected to give a major relief to Air India, which suffered a huge financial loss of around Rs 491 crore.
Mumbai International Airport Ltd (MIAL), the private airport operator, had earlier announced that all operations at the CSMIA will remain suspended between 2.30 pm and 7 pm as a precautionary measure in view of the cyclone Nisarga.
Green light likely for services on underserved routes between regular airports
Govt's decision to allow in-flight Wi-Fi doesn't take off with budget airlines, full-service carriers enthused
However, the reduction in ATF prices will provide some cushion to airlines engaged in a protracted price war have lost control over pricing in one the world's most price sensitive domestic markets.
To fill seats, airlines have resorted to fare wars following the adverse impact on ticket sales, reports Arindam Majumder.
His Rare Enterprises purchased 75 lakh shares worth Rs 13 crore.
Though Vistara is not a low-cost carrier, it could benefit from the fact that the difference between the fares of LCCs and economy class of full-service carriers in India is minimal today.
Both Vistara and AirAsia India, along with their partners, are quietly putting together an aggressive plan to become a formidable force in the skies. At the core of this new push is their plan to go international this financial year.
With better utilisation of slots, foreign flying rights, and greater international connections, the operator of India's largest airport feels a privatised Air India will bring commercial benefit to Delhi airport and help it revive quicker from the pandemic shock. Delhi is the largest hub for Air India, with most of its long-haul flights to the US and Europe being operated from here. The airport plans to give its most modern terminal 3 (T3) exclusively to the Tata Group.
'All businesses have to be run for business, for profits on a sustainable basis. It may sound old school, but then I have been in business for 32 years and you can't change an old tiger's stripes.'
The airline is not convinced that it will have a sizeable passenger traffic to make wide body operations profitable
The losses are primarily because the venture operated only for 18 days in June, with only two flights.
On the occasion of 58th Republic Day, Budget airline SpiceJet is offering 99,999 seats at an unbelievable price of 99 paise.
IndiGo, Jet, SpiceJet and GoAir demand level playing field in aviation policy, say government can't favour only two new airlines.
Discounted tickets of Jet Airways are available for sale till Thursday
The hike in aviation turbine fuel prices is likely to lead to a 10-14 per cent increase in fares on metro routes and long-haul flights. The oil companies hiked ATF prices by 14 per cent as a result of global rise in crude oil prices over the last few months. Now, most airlines, including Jet Airways and SpiceJet, are looking at imposing a differential surcharge - a smaller increase on shorter routes than longer routes.
A resurgent SpiceJet is spreading its wings and Vistara is set to challenge Jet on long-haul routes in the coming years.
IndiGo will complete five years of operations in August 2011, which makes it eligible to fly overseas routes.
Domestic air traffic clocked slowest growth in 4 years on high fares and flight cancellations.
AirAsia's Rs 5 basic fare offer has triggered competition and criticism from rivals, with market leader IndiGo launching a Rs 1 basic fare on AirAsia's inaugural routes and SpiceJet Chief Operating Officer Sanjiv Kapoor questioning the silence of the Directorate General of Civil Aviation (DGCA) on the price war.
"The return fare on economy class to most European capitals from Mumbai are close to 50,000 plus. If an LCC can offer direct connectivity for a basic fare of 25,000 with additional top ups for meals, baggage and blankets, which further takes the fare to, say, 35,000, it is still a value deal."
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