Carriers' input costs are rising due to weak rupee and rising crude oil price.
Based on the Skytrax ranking for 2018, IndiGo is number two among the best low-cost carriers in Asia, behind rival AirAsia.
Tata Sons and Singapore Airlines (SIA), which recently received a no-objection certificate from the ministry of civil aviation to start a full-service airline (Tata-SIA Airlines), are in the process of securing an import licence for 20 Airbus A320 aircraft.
The market, however, reacted negatively to SpiceJet's announcement and the company's stock dropped by 0.87 per cent as analysts became wary of diversion into a new business during a high fuel price environment.
'The pay cuts have been very tough on those with entire families to support.'
With IndiGo executing its long haul low-cost plans the airline will certainly need a lot of cash going forward.
no flight will depart or arrive at the Kolkata airport between 9.30 pm of May 3 and 6 pm of May 4
India has become a lucrative market for west Asian carriers like Flydubai.
First and business class air travellers would find flying costlier.
Though SpiceJet is likely to resume flights, experts have a doubt on the airline's financial capabilities.
Only nine of the airline's 370 daily flights were making profits.
The losses are primarily because the venture operated only for 18 days in June, with only two flights.
SpiceJet announced it has started a five-day "1+1 offer sale" where it was offering one-way base fares starting as low as Rs 899, excluding taxes, on its domestic network.
Singapore-based Tiger Airways, offering low fare service, on Tuesday announced its first flight to India between Chennai and Singapore.
IndiGo's co-founder and interim CEO Rahul Bhatia said profitability was significantly impacted by costs pressure from the increases in fuel price and the depreciation of rupee as well as competitive fare environment.
While margins contracted by 30 basis points on y-o-y basis, they fell a sharper 120 basis points on a sequential basis to 16.8 per cent. Profitability was impacted adversely due to subdued demand, tepid realisations in commodity sectors, and negative operating leverage.
Vistara launched first flight from Hyderabad to New Delhi on Sunday.
Some maturity needs to come to the rationalisation of the fares for the sector to succeed.
As a model of transport, the A380 strikes a parallel -- a shared fragility -- with giant container ships, observes Shyam G Menon.
Low-cost carrier Simplify Deccan will be rebranded Kingfisher Red, a separate brand identity from Vijay Mallya-promoted full-service carrier Kingfisher Airlines.
Low-cost carrier SpiceJet Airlines, promoted by a group of investors led by the Kansagra family and Delhi-based Ajay Singh, is working on a plan to start international operations next year, making it the third private Indian carrier after Jet Airways and Kingfisher to fly overseas.
After FY14's record loss, SpiceJet cuts capacity, chases costs, redraws flight schedules and puts more money in marketing to attract corporate travel.
VIL has countered Trai's contention that the RedX plan, which commits higher speeds, should have been informed separately so different aspects could have been examined before such service was launched.
The aviation regulator DGCA had on May 21 issued seven bands of ticket pricing with lower and upper fare limits.
Kerala government wants to fly Middle East and asked Centre to relax regulatory norms like the latter did for Air India Express.
The secret behind Singh's success was that he mostly set about undoing all the mistakes made by the Marans, points out Anjuli Bhargava.
While full service carriers (such as Jet Airways, Kingfisher Airlines and Air Sahara) offer food onboard and personal attention, low-cost carriers (such as Air Deccan, SpiceJet and GoAir) do not offer many of these services.
Strikes by pilots have already cost Lufthansa 130 million euros so far this year.
More than a year after joining hands with Kingfisher Airlines, Jet Airways is still in talks with the Vijay Mallya-led carrier for code sharing and other initiatives to achieve operational synergies and reduce costs.
Air Deccan, India's first low-cost airline that made flying affordable for the middle class, is relaunching its operations from December 23.
UDAN scheme takes off; fares capped at Rs 2,500 for 1-hr flight
Jet Airways faces similar setback.
According to sources, Vistara was looking at commencing operations on Oct 15 to commemorate J R D Tata's flight from Karachi to Mumbai on the same date in 1932.
With the new fleet of Bombardier Q400 aircraft, the Kalanithi Maran-promoted airline aims at reaching more hinterland of northern Indian and connect more Tier II and Tier III cities on its network.
The CMD's focus on raising employee morale and cutting costs is paying off. The airline's operating losses have shrunk and earnings are looking up
Airline says it is in comfortable situation.
Air India pilots and crew often play musical chairs, leading to a substantial revenue loss for the airline in an inefficiently managed set-up
Because of strong headwinds on Delhi-Istanbul route for the last two days, the low-cost carrier has been unable to take most of the check-in luggage in the same aircraft along with passengers, said an airline spokesperson.
This means fully vaccinated Indian passengers will no longer be subjected to a compulsory 10-day hotel quarantine on their arrival in Britain.
