Air India's former executive director Jitender Bhargava feels the airline should oppose the Tata-Singapore Airline plan to set up a hub in Delhi.
Vistara has expanded its network of agents.
Air India's home market share has fallen from 19.8% in January to 18% in July.
Vistara starts flying in India.
Once again, there seems to be an airfare war in India.
Market estimates suggest the airline has already totted up Rs 1,800 crore of losses in FY20, and FY21 is expected to see losses in the region of Rs 2,500 crore to Rs 3,000 crore Many in the sector say that Vistara lacks the light-footedness of the airlines with which it competes, reports Anjuli Bhargava.
Vistara is likely to offer 148 seats in a three-class configuration in its Airbus A320s, industry sources said.
Vistara announced the new fare model giving its economy class customers the choice to forego complimentary meal for a ticket price which is Rs 500-1000 cheaper than the standard fare.
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.
Indigo, the largest player in the domestic aviation space, cannot afford to ignore new entrant Vistara.
Indian airlines currently are required to have a minimum fleet of five aircraft and five years of operational experience for starting international services.
National carrier Air India became part of the 27-member global airlines grouping Star Alliance, as budget airline AirAsia India launched operations and Tata-SIA joint venture carrier Vistara received the flying permit and announced its intentions to start operations from January 9.
The new airline will leverage business class seats to improve yield per passenger and fly only to big cities.
'I will not bog down with the setbacks. I am going to republish the book. All the copyrights rest with me,' former executive director of Air India Jitendra Bhargave tells Tinesh Bhasin about Praful Patel's pressure to withdraw his book.
Year 2013 saw business leaders facing the ire of hostile investigative agencies.
'The airline business is very dynamic. If you are unable to keep up and lead, you end up last.' 'This is what has happened to Jet.'
Chidambaram promises to maintain fiscal discipline; admits inflation is an issue.
Phee Teik Yeoh says that the worst is behind them.
GoAir hopes to fly 15 million passengers by 2016-17, serve 30 destinations, up from 21 now, and will largely remain a domestic airline.
India perhaps is the only market in the world where full-service and low-cost fares have become one.
A financial turnaround with the Etihad partnership and debt restructuring has not fully materialised.
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