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.
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.
In the case of Air India, even competition could not compete with the government.
AirAsia plans to sell 12 planes this year, a move that will bring in around 500 million ringgit ($156 million) in net profit.
No-frills carrier SpiceJet is in active discussions with Singapore-based budget carrier Tigerair for a possible stake sale even as they are set to sign a code share agreement soon.
Some lessors have even taken the airline to court.
Jet Airways, part-owned by Abu Dhabi's Etihad, reported its biggest-ever quarterly loss as costs jumped and it took a charge on its investment in a subsidiary.
Enormous debt isn't the only thing afflicting Air India. Its work culture is an equal culprit in its downfall.
Revamping Indian Railways will need bold thinking, and lots of money and time. And all three may be scarce, points out T N Ninan.
An Indigo plane from Delhi with 182 people on board caught fire on Saturday while landing at Kathmandu airport but all passengers and crew escaped unhurt after they were safely evacuated.
According to the Icra report, earnings before interest, tax, depreciation and amortisation margin of its sample declined by 44 basis points on a YoY basis and 23 basis points on a quarter-on-quarter basis to 16.6 per cent.
Under the FFS, concession is given to employees of the airline in which they can take their family to a domestic destination once a year at subsidised cost.
For international travel, frequent flyers look at network and Air India's global network is weak.
Prabhat Kumar, who has been appointed as the DGCA chief three months ago, is taking steps to ensure safety of passengers.
The probe agency has found that the company's vast network of sales agents across the globe was not independent of Jet Airways and several of these entities were linked to its founder, Naresh Goyal.
This optimism is triggered by the feel-good factor in the wake of the Sensex touching record-high levels last week and a slew of discount offers by airlines to boost travel demand.
Most tour operators offer accommodation to suit different budgets.
The account turned bad before Chaudhari took over as SBI chairman and the asset was sold to AARC following an open bidding process, months after Chaudhari retired, explains Tamal Bandyopadhyay.
Shyel Trehan, an alumna of the 2000 batch of the National Law School, was one of the organisers who managed this near impossible achievement.
With the inauguration of a direct flight from Delhi to Srinagar, Deccan Aviation, which operates Air Deccan, on Tuesday announced that the low-cost airline would concentrate on increasing the connectivity within Jammu and Kashmir.
Qatar Airways might infuse $200 million in debt and equity in SpiceJet.
In the international sector also, India has seen major expansion by carriers.
The employees associated with various unions of AAI have formed a joint forum and started the three-day-long strike in front of the Civil Aviation Ministry at Rajiv Gandhi Bhawan here and at AAI offices across the country.
