Domestic air traffic rose 20.81 per cent in June on the back of low fares and peak season demand.
The DGCA is conducting special audit of all airlines and airports which are in monsoon-affected areas in the wake of multiple landing incidents across the country.
With rising costs, Indian carriers would operate 19 per cent less number of flights this winter compared to last year, though no-frill airlines would put in more flights during the busy season starting this month-end.
Owing to another rise in jet fuel prices this month, airlines, such as Spice Jet, have decided to hike the fuel surcharge levied by them on tickets by Rs 150 for short haul sectors (less than 750 kms) and by Rs 350 for long haul sectors (more than 750 kms).The fuel surcharge for short haul routes now stands at Rs 1,950 while for long haul sectors it is Rs 2,350.
Some pilots are already in touch with Gopinath while others are betting on Kingfisher's revival.
Air Carnival can make quick progress by stepping into the space that SpiceJet has left empty.
The airline has struggled to pay salaries and vendors on time and its Rs 10,963 crore fund and non fund based facilities have now been assigned 'D' rating by ICRA - the seventh rating downgrade since March 2017.
AirAsia is expanding its distribution network and increasing its offline travel partners.
Charters, Udan flights choking Mumbai airport; MIAL may shift general aviation to Navi Mumbai once the airport is ready
Approval was held up due to CBI investigation into international flying permit of Tata group-owned AirAsia India.
Incumbent airlines oppose the proposal.
Rains made the job more challenging as it was making the ground soft, the AIESL CEO said.
Fierce competition among airline firms has long limited price increases despite crippling operating costs
AirAsia's competitors are offering more reliable services.
As major airports like Mumbai, Chennai and Hyderabad have a severe cap on the number of fights they can handle, cancellations continued on Tuesday.
The move is expected to give a major relief to Air India, which suffered a huge financial loss of around Rs 491 crore.
The revised structure will help to keep airfares down, when airlines already face a triple challenge of rising crude oil prices, rupee depreciation and constrained airport capacity.
It carried more than five million passengers across various sectors registering a growth of 20 per cent.
Given that debt is a major problem for most airlines, investors with a medium-term horizon should look at them.
Air services to Kathmandu were hit again on Sunday as flights of Air India, SpiceJet and IndiGo failed to land in the earthquake-hit Nepalese capital and returned to New Delhi as ATC personnel at Tribhuvan International Airport were evacuated following a powerful aftershock.
To add aircraft, more services this year, even as full-service airlines hold their expansion plans.
The regulator will audit an airport's ground facilities, its turnaround and general safety procedures, and the movement of vehicles. Underground facilities, ground servicing equipment, passenger boarding bridges, condition of the apron, marking and lighting, and availability of foreign object dustbin bins will be checked.
$3.6 billion worth of aircraft - by today's prices - are lying idle or are in hangers due to poor maintenance and management
"This is the best time that Indian aviation is seeing and the next six months will be critical. The airlines should monetise this growth without getting into unnecessary capacity addition," said Nikhil Vora, managing director, IDFC-SSKI, a financial services group.
After a gap of two months, domestic passenger flight operations resumed on Monday amid reluctance by various states to open up their airports in view of rising cases of the novel coronavirus.
Aviation companies were in focus with all the three airliners SpiceJet, InterGlobe Aviation and Jet Airways adding in the range of 2% to 3% on the BSE
Aviation regulators says airlines are free to fix fares.
No-frills carrier IndiGo has expressed interest to buy Air India
The losses are primarily because the venture operated only for 18 days in June, with only two flights.
Private airlines owe a total of Rs 710.14 crore to the AAI.
Flight cancellations and subsequent grounding of Jet Airways adversely impacted seat capacity in the domestic market which also resulted in fares going up.
Jet Airways, SpiceJet, Kingfisher and other airlines have told the government that they would curtail services frequency and air routes to cut losses after oil companies raised the prices of aviation fuel.
Indonesia-based Lion Air Flight JT610, a three-month old 737 MAX 8, took off from capital Jakarta at 6.20 am local time on Monday and lost contact 13 minutes later when it was at an altitude of about 3,000 feet.
Govt says domestic carriers' financial health a concern.
Virgin Atlantic plans to operate three flights a week from Delhi to London's Heathrow from September 2, while Mumbai services are planned to re-commence from September 17 with four flights per week. Both the destinations will provide connections to New York JFK and will operate on 787-9 Dreamliner.
IndiGo and other airlines have said they are improving their staff training, looking at better ways of communication and customer awareness on operational matters.
Despite having started at least a decade later than Jet Airways, IndiGo accounts for the lion's share in the domestic market
The promoter-brothers, distant cousins to IndiGo's Rahul Bhatia, are eyeing Air India's ground handling subsidiary to augment their aviation services business even as they make a big play in EVs.
AirAsia India, whose top officials have promised to offer low and competitive airfares, will focus on connecting tier-II cities to begin with.
GoAir is smaller in comparison to its rivals but is still surviving despite financial crisis.
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