Domestic airlines may increase foreign flight frequencies
The national carrier, which is already struggling with its fuel payments, spends Rs 6,000-7,000 crore annually on fuel. A 10 per cent hike in crude price would mean over Rs 50-58 crore of extra costs for the airline.
UDAN scheme takes off; fares capped at Rs 2,500 for 1-hr flight
It carried more than five million passengers across various sectors registering a growth of 20 per cent.
On offer from the beginning of this week, these fares are expected to continue through the rest of the lean season, that is, till the end of September. Customers buying any low-cost carrier ticket on the Mumbai-Delhi route will only have to pay taxes and surcharges that range from Rs 3,400 to Rs 3,600.
Non-metro routes get 73 per cent of its flyers -- a factor that has earned it double-digit share with only 19 planes.
Prime Minister Narendra Modi held a special interaction with Chinese media persons in New Delhi on the eve of the visit of Chinese President Xi Jinping where he summarized the possibilities of Sino-India bilateral ties.
A month after they cut fares 25-30 per cent, the country's leading airlines have realised that the surge in passenger traffic they had expected has not happened.
IndiGo said operations of the ATR fleet would be handled by an independent team that would be responsible for in-flight services, dispatch and control, and revenue.
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Hyderabad-based Turbo Megha Airways takes off, promising affordable fares and other benefits.
The controversial 5/20 rule required an airline to have five years of domestic operations and 20 aircraft in its fleet to be able to fly abroad.
The fare war triggered by the entry of AirAsia into the domestic market continues as the budget carrier IndiGo has launched another round of promotional fares, starting at Rs 1,724 (all inclusive) for a limited period.
Improvement in load factors, coupled with an increase in seat capacity after Jet's slots were allotted to low-cost airlines, has resulted in an increase in daily passenger traffic.
Jet has pulled out flights from Northeast states and also cancelled its Srinagar flight, leading to reduction in capacity.
Naresh Goyal, after being ousted with his wife from the board last week, and with his shareholding halved to 25 per cent, can still make a comeback by partnering a new investor and win back majority control.
Scores of new airports have been built around the country but many are yet to open because airlines do not see sufficient demand as ticket prices are too high for the majority Indians
India remained the world's fastest growing domestic aviation market with 51 straight months of doubled-digit traffic growth but the woes of passengers as well as carriers manifested in myriad forms.
This is the first time in the history of the airport operator that revenue crossed Rs 10,000 crore.
In India, many players are in the throes of chaos and pain but at least one partnership -- Air Asia India -- that was fraying even before the pandemic now finds itself at breaking point, says Anjuli Bhargava.
It all starts in Guwahati on Sunday as the biggest city in Assam is slowly getting back to normalcy after protests against the Citizenship Amendment Act (CAA).
The biggest let down for India's aviation sector has been the failure of the government to privatise Air India, says Anjuli Bhargava.
There is enough room for growth in smaller Indian towns as per US and European aircraft manufacturers
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Vistara is likely to offer 148 seats in a three-class configuration in its Airbus A320s, industry sources said.
At present, there is no direct air connectivity between India and Myanmar.
Unlike Air India and Jet Airways, which have revised downwards free check-in baggage allowance on domestic flights, GoAir has made provisions for pre-purchasing excess baggage limits.
Only nine of the airline's 370 daily flights were making profits.
India has become a lucrative market for west Asian carriers like Flydubai.
Central Industrial Security Force chief OP Singh briefed Union Home Minister Rajnath Singh on the heightened arrangements at airports, ports and other vital installations guarded by the central force.
Majority of India's international routes have been captured by foreign airlines.
Tickets will be sold only through Air India website from August 27-31 and for travel during August 27-September 30.
With lakhs of these workers stranded on highways and inter-state bus terminus, the government stepped in and asked states and union territories to immediately set up relief camps for migrant workers and others who are returning to their home states or trying to do so during the nationwide lockdown period.
Let Air India - that anyway flies very limited international routes, often bleeding profusely and makes huge losses on trunk routes - do this national service, says Anjuli Bhargava.
Old-timers say Jet boss Naresh Goyal, although still razor sharp, doesn't have the same energy he once did and this reflects in his 'baby'.
'Somehow, I don't see the Modi government shutting down Air India.' 'So, Mallya may prove to be luckier than the government; at least his financial clock has stopped ticking,' says T N Ninan.
India perhaps is the only market in the world where full-service and low-cost fares have become one.
Vistara reported a passenger load factor of 45.4 per cent.
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