The US-led war against Iraq and the Severe Acute Respiratory Syndrome have led to sharp decline in demand for air travel and raised costs on account of aviation turbine fuel, the Lok Sabha was informed on Monday.
Private carrier Jagson Airlines, which operates between Delhi and Himachal Pradesh, will start helicopter operations for Amarnath pilgrims with 44 daily services to the holy shrine from Srinagar and Baltal in Jammu and Kashmir.
There could be rejig at top level at SpiceJet.
While fares on the Delhi-Mumbai route have risen 45 per cent, Delhi-Bengaluru and Mumbai-Bengaluru tickets are priced 57 per cent and 42.5 per cent higher, respectively.
AirAsia's competitors are offering more reliable services.
In a bid to restructure its top hierarchy, Air India plans to hire some senior executives, including a Chief Strategy Officer and a Chief Operating Officer for its low-cost international arm Air India Express, airline sources said on Tuesday.
Meanwhile, the Directorate General of Civil Aviation has also ordered an engineering audit of the airline after the carrier is said to have found it difficult to provide equipment to operate some flights.
The airline is in the process of getting the final nods from DGCA and is planning to operate six flights in Phase-I.
'A growing segment wants to fly Vistara but may not be really ready to pay for certain products that come with a full-service carrier. That is a large segment and we can't ignore it,' says CEO Leslie Thng.
Apart from the main company, five of Air India's subsidiaries and a joint venture firm have been included in the strategic sale plan.
One lesson the government should learn from the Air India-Indian Airlines merger fiasco is that combining two sick people ends up making them sicker.
Six of these aircraft are currently on lease to Etihad Airways, set to start returning to Jetair's fleet in June
Taxes on ATF in India are among world's highest, and are seen as key reason for mounting losses of airlines.
United States aerospace major Boeing on Thursday said it received approval from the country's government to offer its F-15EX multi-role combat jet to the Indian Air Force.
A Mumbai-Delhi air ticket is now available upwards of Rs 3,700 for next day travel on all airlines.
The Indian State has low operational capabilities. Individuals will have concerns about material that flows through the government, on questions of purity, perfection of the cold chain, and correctness of procedures at the frontline. Even if a government programme is able to solve all these problems, it will be limited in scale-up. The passion, management capabilities, and response to local conditions, which will be found with tens of thousands of ground-level initiatives, Individuals will have concerns about material that flows through the government, on questions of purity, perfection of the cold chain, and correctness of procedures. Even if a government programme is able to solve all these problems, it will be limited in scale-up, argues Ajay Shah.
Barely a fortnight after it launched international operations and integrated low-cost carrier Simplify Deccan with it, Vijay Mallya-promoted Kingfisher Airlines plans to lay off at least 300 employees, official orders for which are to be conveyed on Monday.
Overseas airlines can operate unlimited number of flights into and out of India.
Jaitley did not say if it will be an outright sale or partial divestment.
The airline pitches its product and service, keeps silent about price in a new campaign as it looks to win over young business travelers.
Given the school break, this is the peak travel season and companies catering to the 'friends and family' segment are expected to gain.
The airline notification to an exchange does not name the shareholder. It said the fund-raising would be subject to regulatory and corporate approvals.
Delhi-based low-cost carrier SpiceJet is looking at restructuring its core leadership team as part of US investor Wilbur Ross's strategy of turning around the company.
InterGlobe has raised Rs 3,008.5 crore.
IndiGo and Paramount Airways managed to register profit during the last fiscal.
Indian bankers are fearful that going out of their way to save Jet could lead to subsequent harassment from investigative agencies.
It is GoAir's endeavour to provide the best fares and most convenient flight options to its customers who are always on the lookout for new and affordable alternatives, its chief executive Giorgio De Roni said.
Indigo, the largest player in the domestic aviation space, cannot afford to ignore new entrant Vistara.
Vistara starts flying in India.
The chief operating officer said that the carrier will surmount the present crisis very soon.
Minister of State for Civil Aviation Jayant Sinha emphasised that the brand name has both sentimental and economical value.
Simplifly Deccan, the low-cost carrier (LCC) brand formed after the merger of full service airline Kingfisher and the LCC Air Deccan, may soon cease to exist.
UAE-based low-cost carrier Air Arabia will launch its flights to Bangalore on October 15, its ninth destination in India. The flights will initially operate four times every week between Bangalore and Air Arabia's hub in Sharjah, and daily from October 29.
Two months after launch, low-cost warrior AirAsia is expanding to uncharted routes in India.
In the case of Air India, even competition could not compete with the government.
Indian carriers, which are still reeling under high jet fuel prices, are now seeing red over airports increasing the space rental fees by 50 to 450 per cent. Airport charges account for 12-15 per cent of an airline's costs.
AirAsia plans to sell 12 planes this year, a move that will bring in around 500 million ringgit ($156 million) in net profit.
Some lessors have even taken the airline to court.
