Etihad will be able to carve out a strong niche in the Indian market.
Southwest Airlines remains the world's biggest low cost carrier (LCC), according to Centre for Asia Pacific Aviation (CAPA).
Southwest Airlines remains the world's biggest low cost carrier (LCC), according to Centre for Asia Pacific Aviation (CAPA).
Jet has already confirmed an order for 50 737-MAX planes together with up to 10 777-300ERS from Boeing.
Major no-frill carrier IndiGo expects to continue its profit-making streak this financial year too, as it plans to increase frequencies on select international routes soon.
Budget expectations aviation sector.
At a panel discussion at the Centre for Asia Pacific Aviation's summit in Mumbai on Tuesday, Gopinath also said that airlines should price fares so as to maximise loads.
The Centre for Asia-Pacific Aviation also expects India's airlines to post a combined loss of a whopping $1.4 billion, with Air India likely to be the 'worst performer' to report a loss of almost the entire amount of $1.3 billion.
India's share will only get bigger once SpiceJet enters the fray from June to fly south east Asia and south Asian countries.
Estimating that AI's total losses this fiscal would mount to $800 million in 12 months ending March 31, consultancy firm Centre for Asia Pacific Aviation has said that the airline would require at least $1 billion for rebuilding it self.
The passenger numbers have grown at a little over 20 per cent in the past few months.
The gap between the average fares of a full-service airline and a low-cost carrier for metro routes narrowed by a third in January, thanks to leading players cutting their fares quite dramatically to grab the market share.
While nine -- Delhi, Bangalore Hyderabad, Kolkata, Chennai, Pune, Nagpur, Ahmedabad and Amritsar -- will need a second airport, Mumbai, where a second airport is already coming up, will need a third, the study says.
Paramount Airways claims to have a break even, as other Indian carriers are facing losses.
The downturn in the aviation sector is expected to continue till at least the end of this year as record oil prices compel airlines to raise fares, according to International Air Transport Association (IATA) and Centre for Asia Pacific Aviation (CAPA).
Air Cargo Express, with its dedicated fleet of ATRs, is also supposed to start operations this year. Reliance Retail is also considering starting a cargo airline for its supply chain.
Only 9% of passengers on such airlines are first-timers: CAPA survey.
Aviation consultancy CAPA on Thursday said allowing domestic airlines to take advance bookings from April 15 is "unfair" to consumers since a decision on lifting the nationwide lockdown is yet to be taken. During the lockdown period only special flights approved by aviation regulator Directorate General of Civil Aviation, medical evacuation flights and those carrying cargo, including medical equipment, to and from different parts of the country are operational.
The Centre for Asia Pacific Aviation expects around $20 billion investment towards airport infrastructure in the next ten years in India to accommodate the current expansion plans of various private and public sector airlines.
Top foreign and Indian aviation experts said the flurry of private investors showing interest in setting up no-frill airlines sent a signal to the government of the massive untapped potential in the aviation and tourism market in India.
According to CAPA, partial abolition of the 5/20 rule was a serious compromise.
The collapse of Jet Airways has everything to do with the falling number of wide-bodied aircraft.
Finance Minister P Chidambaram has supported Civil Aviation Minister Ajit Singh's suggestion on doing away with a rule that bars Indian carriers from flying abroad unless they complete five years of service and own a 20-aircraft fleet.
The domestic airlines industry is estimated to have posted losses to the tune of over Rs 10,000 crore (Rs 100 billion) in the previous fiscal, nearly 18 per cent down from a year ago.
A look at the Kalanithi Maran-controlled airline's place in the domestic aviation sector
The initial speculation over who is likely to down shutters seems to have given way to a resigned acceptance that all the players are determined to stay in the game.
India's second largest budget carrier SpiceJet, which reported a record Rs 1,003 crore (Rs 10.03 billion) net loss last fiscal, may soon receive the much-needed capital infusion as talks with an overseas investor have reached "very advanced stages".
Airlines say that they are keeping their fingers crossed for December - another peak period - when, based on current bookings, the air fares for those who buy early are more or less in line with last year.
Frequent flight cancellations and the Airports Authority of India's decision to put SpiceJet on a cash-and-carry mode have made online travel agencies nervous.
Airline now financially more stable but still in the doldrums as the operating environment remains tough.
However, Federation of Indian Airlines will continue to function and its other members are not pulling the plug yet, industry sources said.
Jet already has $300 mn of ECB.
In 2017 only the Jeju-Seoul Gimpo route (with over 64,991 flights) and Melbourne-Sydney (54,519 departures and arrivals) were busier than Mumbai-Delhi.
Capa lauded govt's efforts in rescuing SpiceJet.
It has aircraft utilisation target of 16 hours as against the current 13 hours.
Top no-frills carrier IndiGo on Tuesday approached capital markets regulator Sebi with Initial Public Offer.
If the Murari Lal Jalan-Kalrock Capital combine can script a turnaround, it will have pulled off a bigger coup than Ajay Singh did with SpiceJet in 2014.
© 2026 Rediff.com - Investor Information - Advertise with us - Disclaimer - Privacy Policy - Sitemap - Feedback - About us - Terms of use - Grievances